Page 4 - Rahul Goreja

Carlyle to buy majority stake in Edelweiss home finance arm for ₹2,100 cr

Carlyle's investment includes the acquisition of a 45 per cent stake in Nido from Edelweiss through a secondary purchase and a primary equity infusion of ₹1,500 crore

71% Indians want cap on hotel room rates during peak demand: Survey

With Delhi hotel rates surging ahead of the India AI Impact Summit, a survey shows most Indian consumers want a ceiling on room tariffs and stronger government action against excessive pricing

NCLT greenlights Ambuja Cements' merger with its arm Sanghi Industries

The approval comes after Ambuja Cements, in 2023, completed the acquisition of Sanghi Industries, at an enterprise value of ₹5,185 crore

Digital fraud like 'robbery': Supreme Court asks Centre to frame SOPs

The Supreme Court observed that digital scams have caused losses exceeding ?52,000 crore for Indians, an amount larger than the annual budgets of some smaller states

Zydus Life Q3 result: Profit up marginally at ₹1,042 cr, revenue jumps 32%

Zydus Life Q3 Ebitda for the quarter was ₹1,816.4 crore, up 31 per cent Y-o-Y. Ebitda margin during the same period stood at 26.5 per cent, marking an improvement of 20 basis points

Tata Steel Q3FY26 profit jumps multifold to ₹2,688.7 cr, revenue up 6.4%

Surge in Tata Steel's Q3 profit comes on the back of improving profit margin, which rose to 4.79 per cent in Q3FY26, from 0.55 per cent in the same quarter last year

PFC approves in-principle merger proposal with REC after Budget 2026 push

PFC's board has approved an in-principle merger with REC after the Budget 2026 proposal to restructure the two public-sector NBFCs. The merger details are yet to be finalised

Are standards being compromised? SC seeks Centre reply on NEET-PG cut-offs

Last month, the NBEMS revised the cutoff for NEET PG to zero percentile from 40th percentile for reserved categories, with the minimum qualifying scores falling to -40 from 235 out of 800

MRF Q3FY26 result: Profit more than doubles to ₹692 cr, dividend declared

MRF's Q3 revenue from operations increased 15 per cent Y-o-Y to ₹8,050.43 crore from ₹7,000.82 crore in Q3FY25. Sequentially, revenue was up 9.1 per cent from ₹7,378.72 crore in Q2FY26

Blackstone gets RBI approval for 9.99% stake purchase in Federal Bank

The investment will make the private equity firm the largest shareholder in Federal Bank, which does not have a promoter, with all its shares publicly held

LIC Q3FY26 result: Profit rises 17.5% to ₹12,930 cr, premium income up 17%

LIC's total assets under management (AUM) as of December 31, 2025, increased 8 per cent Y-o-Y to ₹59.17 trillion

Bharti Airtel Q3 result: Profit tanks 55% to ₹6,631 cr, Arpu rises to ₹259

Bharti Airtel's Q3 India revenue recorded a Y-o-Y increase of 13.2 per cent to ₹39,226 crore, while its Africa revenue (in constant currency) jumped 24.7 per cent Y-o-Y

Indian Railways' punctuality falls from 90% to 73.62%: Parliament panel

Parliamentary committee raised concerns over the Railways' method of measuring delays, stating that a 15-minute buffer allowance dilutes the accuracy of performance assessment

President's Rule lifted in Manipur as Y Khemchand Singh set to take oath

President's Rule was imposed after the BJP-led government headed by N Biren Singh resigned on February 9 last year, following prolonged ethnic violence between the Meitei and Kuki communities

IndiGo suspends flights to Copenhagen, reduces Manchester, London services

IndiGo said it is suspending Copenhagen flights and reducing frequencies on Manchester and London routes, due to airspace curbs and operational constraints

Bajaj Finserv Q3FY26 results: Profit flat at ₹2,229 cr, total income up 24%

Bajaj Finserv attributed the decline in profit to steps taken during the quarter for a tighter provisioning framework, and implementation of new Labour codes

US biker gang Punjabi Devils' founder pleads guilty to selling illegal guns

The US Attorney's office claimed that Jashanpreet Singh tried to sell several weapons, including a short-barreled rifle, assault weapons, and machine gun conversion devices, to an undercover officer

Fuel control checks found satisfactory on Air India's Dreamliner: DGCA

An Air India pilot on Monday reported that a Boeing 787's left engine fuel control switch failed to stay locked in the "Run" position during two engine start attempts and shifted toward "Cutoff"

No clarity yet: Kremlin on India halting Russian oil imports after US deal

Kremlin spokesman Dmitry Peskov said Russia is closely examining US President Donald Trump's comments on ties with India and, as of now, has not received any statements from New Delhi

Adani Enterprises Q3FY26 profit jumps 90x to ₹5,627 cr on one-time gain

Exceptional gains for Adani Enterprises were largely due to the stake sale in AWL Agri Business and the amalgamation of Adani Cementation-Ambuja