Page 10 - Rahul Goreja

Vedanta to sell 1.59% stake in Hindustan Zinc worth ₹4,589.5 crore via OFS

Vedanta's shareholding in Hindustan Zinc stood at 61.84 per cent at the end of December 2025, while the Indian government held a 27.92 per cent stake in the company

IndiGo extends flight cancellations to Tbilisi, Almaty, Baku, Tashkent

IndiGo has extended cancellations of flights to Tbilisi, Almaty, Baku and Tashkent until February 11 due to rising tensions in Iran and safety concerns over the airspace

Asian Paints Q3FY26 result: Profit falls 4.6% to ₹1,059 cr, revenue up 3.9%

Asian Paints attributed the decline in profit to exceptional items worth ₹157.61 crore, including a one-time expense of ₹63.74 crore due to the implementation of the Labour Code

Goa may impose Australia-style social media ban for children under 16

Goa is studying Australia's law restricting social media access for children under 16, after parents have raised concerns about online distractions and the impact on students' learning

BPCL Q3FY26 profit jumps 89% to ₹7,188 crore, dividend declared

BPCL reported a sharp rise in profit in Q3FY26 as revenue grew 7.1 per cent year on year to ₹1.36 trillion, while the board approved an interim dividend of ₹10 per share

IndusInd Bank Q3FY26 profit plunges 90% to ₹128 crore, NII down 13%

IndusInd Bank reported a sharp fall in profit in Q3FY26 amid a decline in net interest income, while asset quality weakened with gross NPAs rising to 3.56 per cent

JSW Steel Q3FY26 results: Profit jumps 198% at ₹2,139 cr, revenue up 11%

JSW Steel's Q3 crude steel production stood at 7.48 million tonnes, while saleable steel sales hit a record quarterly high of 7.64 million tonnes

Cipla Q3FY26 results: Profit falls 57% to ₹676 crore, revenue flat

Cipla Q3 Results: The decline in Cipla's profit was primarily due to a production halt at the exclusive manufacturer of Lanreotide, the company's second-largest revenue-contributing tumour drug

DLF Q3FY26 results: Profit rises 14% to ₹1,203 cr, revenue up 32%

DLF said that its new sales booking for the quarter stood at ₹419 crore, led by the healthy monetisation of launched inventory

IndiGo Q3 profit falls 77% to ₹550 cr on Labour Code impact, December chaos

IndiGo said that the new labour laws resulted in an incremental cost of ₹969.3 crore, while the operational disruptions in December 2025 cost it ₹550 crore

Noida International Airport likely to miss another launch deadline: Report

Major development work at Noida's Jewar airport remains unfinished, while regulatory approvals are pending, raising doubts over the February 2026 launch timeline announced by the aviation minister

2000 Red Fort attack: SC seeks govt response on death row convict's plea

The Supreme Court has issued notice to the Delhi government on a curative petition filed by Lashkar-e-Taiba terrorist Mohd Arif against his death sentence

MakeMyTrip Q3 FY26 profit falls 73% to $7.3 million, revenue up 15.4%

The sharp decline in profit was largely due to a spike in net finance costs, which rose to $27.7 million in the December quarter from $4.8 million a year earlier

Eternal Q3 FY26 profit jumps 73% to ₹102 crore, revenue surges 202%

Alongside the Q3 FY26 results, Deepinder Goyal said he would step down as Eternal's Group CEO to pursue higher-risk experimentation, with Blinkit chief Albinder Dhindsa set to take over

Tata Communications Q3 result: Profit jumps 55% to ₹365 cr, revenue up 6.7%

Tata Communications' Q3FY26 profit jumped 54.8% to ₹365 crore on higher margins and a strong order book. The quarter also included a ₹61 crore exceptional charge linked to new Labour Codes

Cabinet clears ₹5,000 cr equity infusion into Sidbi to boost MSME credit

The equity infusion into Sidbi will be provided over three years to strengthen its capital base and expand credit flow to MSMEs, with support expected to reach 2.6 million additional units by FY28

Core sector growth slows to 3.7% in December on lower oil, gas output

However, core sector growth improved on a month-on-month basis in December, led by higher cement, steel, fertiliser and electricity output

Walmart-backed payments major PhonePe gets Sebi approval for IPO

Sebi approval comes months after PhonePe confidentially filed its draft papers for the listing, aiming to raise up to ₹12,000 crore, according to a Business Standard report from September 2025

ITC Hotels Q3FY26 results: Profit rises 9.4% to ₹235 cr, revenue up 22%

ITC Hotels reported a 9.4% rise in Q3FY26 net profit to ₹235.13 crore, despite a one-time ₹52.53 crore cost from new Labour Codes. Revenue grew 21.9% year-on-year to ₹1,224.27 crore

Ola Electric names Deepak Rastogi as new CFO after Harish Abichandani quits

Ola Electric said Deepak Rastogi is a veteran finance and business leader with over 30 years of experience in large, complex, capital-intensive industries, including automotive and manufacturing