Page 1811 - Latest News

EIH Q1 net profit declines 63.3% to ₹33.9 crore on exceptional loss

EIH's net profit fell to Rs 33.9 crore in Q1FY26 due to a Rs 110.49 crore exceptional loss on its Mashobra Resort investment, Tirupati project, and Kolkata renovation

BLS International Q1FY26 results: Net profit rises 49.8% to ₹181 crore

Visa and citizen services provider BLS International saw its Q1FY26 profit rise nearly 50% YoY to ₹181 crore, aided by strong digital, visa and consular segment growth

Morgan Stanley raises Sensex target to 89K by June 2026, implies 10% upside

The brokerage has noted that the soft earnings growth patch that began with the second quarter of financial year 2025 appears to be ending, but the market is likely not yet convinced

ED calls Michel's plea for release in AgustaWestland case 'misleading'

The Enforcement Directorate (ED) on Tuesday informed a court that the plea of alleged middleman Christian Michel James for release in the AgustaWestland VVIP chopper case was 'misleading'

SC rejects plea challenging declaration of ISIS as terrorist organisation

The bench noted that the petitioner's grievances could be addressed only through appropriate proceedings before the competent criminal court

IEX sees record-high volume in July; electricity prices continue to drop

Electricity traded on IEX rose 25.5% to 12,664 MU in July, led by higher supply; average Day-Ahead and Real-Time prices dropped despite strong demand and market reforms

IndiGo commences construction work for new MRO facility in Bengaluru

This facility will also create over a thousand jobs across engineers, technicians and several more, further contributing towards nation building

US trade deficit narrows to $60.2 bn in June as imports decline sharply

Imports of consumer goods fell to the lowest level since September 2020, and industrial supplies and motor vehicles were also down. Meantime, inbound shipments of capital equipment rose

Keystone Realtors Q1FY26 results: Net profit declines 43.8% to ₹14.5 crore

Keystone Realtors' Q1 net profit drops to ₹14.5 crore as revenue falls 35.3% YoY; company adds ₹7,727 crore worth of new projects and exceeds full-year guidance

P B Balaji, a CFO who plays with a straight bat, now captains JLR

Balaji's rise to the top spot at JLR as its CEO comes at a time when the company is in a transition phase, lining up plans for more electric vehicles

Sebi issues new norms for MIIs to review or waive regulatory penalties

If the action was taken by the MC itself, such requests will now be handled by a new mechanism formed by the governing board of the MII

NCLAT allows Gensol lessor to retain vehicles taken before insolvency

Tribunal permits SMAS Auto Leasing to keep possession of 152 e-vehicles taken before Gensol Engineering's insolvency; hearing on remaining vehicles on August 28

New 'Khalistan embassy' in Canada threatens India-Canada ties again

A symbolic 'Embassy of Khalistan' set up in a Surrey gurdwara has reignited tensions between India and Canada, even as CSIS warns of Khalistani extremists operating from Canadian soil

Gujarat remains top exporting state in FY25 with ₹9.83 trn exports: FIEO

Maharashtra is followed by Tamil Nadu, Karnataka, Uttar Pradesh, Andhra Pradesh and Telangana, according to the analysis of the Federation of Indian Export Organisations (FIEO)

Assetz acquires 11.5 acres in Bengaluru for ₹1,400 crore housing project

Luxury housing project on East Bengaluru's Old Madras Road to span 1.4 mn sq ft and 800 units, backed by Motilal Oswal Alternates and partnered with Vanshee Builders

Bharti Airtel Q1 results: Profit up 43% at ₹5,948 crore, revenue rises 29%

Airtel's revenue from operations stood at ₹49,462.6 crore in Q1 FY26, up 28.4 per cent Y-o-Y from ₹38,506.4 crore in the same quarter last year on account of strong performance in India and Africa

Ashiana Housing to invest ₹425 crore in FY26 for senior living projects

Realty firm Ashiana Housing Ltd plans to invest Rs 425 crore this fiscal year on development of senior living homes.

Torrent Power Q1 results: Profit drops over 25% to ₹742 cr on lower demand

The company has an aggregate installed generation capacity of 4,881 MWp comprising 2,730 MW of gas-based capacity, 1,789 MWp of renewable capacity and 362 MW of coal-based capacity

Digital health company eMed taps former X boss Linda Yaccarino as CEO

Yaccarino, one of Elon Musk's top deputies, stepped down from her role at the social media site in July

Oben Rorr EZ Sigma launched at ₹1.27 lakh with smart features, fast charge

The 4.4 kWh variant is priced at ₹1.37 lakh. These prices are valid for a limited period, after which they will rise to ₹1.47 lakh and ₹1.55 lakh respectively