Company News

Godrej Properties' Q2FY27 results: Net profit falls 62% to ₹154 crore

Record first-half bookings and higher cash collections offset weak quarterly earnings, as total income rises 38% year-on-year

IT companies add 16,055 employees in H1FY27, but demand remains weak

Hiring gains reflect fresher intake and selective skills requirements, with experts warning that AI-led shifts and subdued demand continue to weigh on jobs

Coforge Q2 results: Net profit surges 56.5% to ₹588 cr, revenue up 53.6%

Coforge posted a 56.5 per cent increase in consolidated profit to Rs 588 crore in the second quarter ended September 30, 2026, driven by AI-led execution of deals, the company said on Friday.

Apple India revenue grows 32% to cross ₹1 trillion mark in FY26: Tofler

The company's total expenses for the fiscal were reported at Rs 96,224 crore, Tofler said

Jio Platforms IPO rides institutional demand to 22.19 times subscription

QIBs bid 70.6 times the quota reserved for them; retail segment bought 2.7x

Godrej Properties plans ₹32,000 crore project launches in H2 FY27: CEO

Godrej Properties has lined up project launches worth over ₹32,000 crore for H2 FY27, even as its Q2 net profit fell 62% YoY to ₹154 crore, while cash collections rose 31%

DHL bets on India growth, prefers organic expansion over acquisitions

Logistics major is willing to take higher investment risks in India, with pharmaceutical, electric vehicle and semiconductor supply chains expected to drive future demand

NLC India lines up ₹37,000 crore for power and mineral projects in Odisha

The proposed 3,200 Mw thermal power plant will cost Rs 35,000 crore, alongside a Rs 2,000 crore beach sand mineral processing facility and a planned coal gasification-fertiliser project

Oil India discovers natural gas in KG Basin's shallow offshore waters

The discovery at the Godavari-1 well in the Matsyapuri formation recorded natural gas flow of up to 2 lakh standard cubic metres per day during continuous testing

Italian fashion brand OVS plans 11 stores by 2028, faster growth from 2029

Italian fashion retailer OVS plans to have 11 stores in India by 2028 before accelerating expansion from 2029, focusing on metros and tier-one markets as it assesses demand.

Failte-Sigenergy JV to build inverter, battery storage plants in India

The company also plans to set up a research and development centre focused on battery energy storage systems in ​India

IBM India leases 2.83 lakh sq. ft. at Bagmane tech park in Bengaluru

IBM India has leased office space at Bagmane Solarium City in Bengaluru for 10 years, with monthly rent of ₹2.49 crore, a ₹14.96 crore deposit and additional fit-out costs

Flipkart deal helps Netflix log record quarterly subscriber gains in India

Netflix reported record quarterly paid subscriber additions in India and 18 per cent revenue growth in Q3 2026, aided by its transaction-based loyalty partnership with Flipkart

Petronet LNG, Gruner Renewable form JV to invest ₹1,200 crore in CBG plants

The 50:50 joint venture plans to develop 10 compressed biogas plants across India, with a combined capacity of 180 tonnes per day, strengthening Petronet LNG's renewable-gas presence

Tech Mahindra buys Finastra's cash management suite to expand portfolio

The deal includes Fusion Cash Management, Fusion Virtual Accounts and Fusion Liquidity Management, ensuring customer continuity and supporting future growth.

Himadri Speciality Chemicals plans ₹1,613-cr capacity expansion

Himadri Speciality Chemicals plans to invest ₹1,125 crore in lithium iron phosphate (LFP), ₹248 crore in speciality chemicals, ₹70 crore in carbon nanotubes and ₹170 crore in super speciality

Deepak Reddy to replace Tapan Singhel as Bajaj General Insurance MD & CEO

Deepak Reddy will take over as MD & CEO in April 2027, subject to IRDAI approval, as Tapan Singhel approaches the regulatory limit of 15 years at the helm of an insurer.

Jindal Steel Q2 net profit rises 21% to ₹771 cr on higher sales volumes

Jindal Steel reported a 21% rise in Q2FY27 net profit to ₹771 crore, supported by higher sales volumes, while total income grew 26% to ₹15,289 crore.

Adani Power Q2FY27 results: Net profit rises 142% to ₹7,019 crore

Operating revenue increased by 29.8 per cent to Rs 17,014.06 crore during the quarter under review from Rs 13,106.34 crore in Q2 FY26, it said

Meesho's branded push reaches deeper into small-town India as demand grows

Meesho Mall's net merchandise value rose 93% year-on-year in the June quarter, while orders on the first day of its festive sale more than tripled as branded products gain traction in smaller towns