Page 3 - Rahul Goreja

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

Ceat Q3FY26 results: Profit soars 60% to ₹156 crore, revenue up 26%

Ceat's profit, however, slumped 16.2 per cent sequentially due to costs related to the implementation of new labour codes and an exceptional-item profit in Q2FY26

Tata Capital Q3FY26 results: Profit rises 17% to ₹1,257 cr, NII up 26%

Tata Capital's net interest income (NII), excluding Motor Finance, rose 26% Y-o-Y to ₹2,936 crore from ₹2,323 crore in the same quarter last year

LTIMindtree Q3FY26 results: Profit drops 10.6% to ₹970 cr on Labour codes

LTIMindtree Q3FY26 profit declined 10.6% to ₹970.6 crore after a one-time ₹590.3 crore hit from new labour codes, even as revenue rose 11.6% Y-o-Y to ₹10,781 crore

Hindustan Zinc Q3FY26 result: Profit jumps 46% to ₹3,916 cr, revenue up 28%

Hindustan Zinc's growth in Q3 was supported by higher production, rising zinc and silver prices, lower production costs, a stronger dollar, and improved by-product realisations

India likely to enter upper-middle income group by 2030: SBI Research

According to an SBI Research report, India is expected to enter the World Bank's upper-middle income category by around 2030, though faster growth will be needed to reach high-income status by 2047

PNB Q3FY26 results: Profit rises 11.6% to ₹5,189 cr, interest income up 3%

PNB recorded a decline of13.6 per cent in its net non-performing assets (NNPA) to ₹3,834 crore as of December 2025, from ₹4,437 crore a year earlier

X, AI chatbot Grok hit by major global outage; thousands of users affected

X suffered a global outage, disrupting access for users in India and overseas. Feeds reportedly failed to load, posts could not be published, and the platform's AI chatbot Grok was also affected

Reliance Q3FY26 results: Profit flat at ₹18,645 cr, revenue up 10.5%

RIL's consolidated Ebitda for Q3FY26 stood at ₹50,932 crore, up 6.1 per cent Y-o-Y. However, Ebitda margin fell to 17.3 per cent from 18 per cent during Q3FY25

Budget 2026: BSE, NSE announce special trading session on Sunday, Feb 1

BSE and NSE will stay open on Sunday, February 1, for the presentation of Union Budget 2026-27, with trading to run during normal hours

Wipro Q3FY26 results: Net profit falls 7% to ₹3,119 cr; dividend declared

Wipro said the profit decline was due to the implementation of new labour codes, which resulted in a one-time provision of ₹302.8 crore

India remains global growth engine, will upgrade forecast soon: IMF

The IMF said India continues to anchor global growth, adding that recent economic data has outperformed expectations and could prompt a higher growth projection in its January review

75% of higher education institutions not industry-ready: TeamLease EdTech

A TeamLease EdTech report said 75% of higher education institutions remain unprepared for industry needs, with weak curriculum alignment and limited internships hurting employability