Page 33 - Latest News
Wipro delaying onboarding of over 200 engineers selected in 2025: NITES
NITES said the affected students and engineers received offer letters in July 2025 and completed subsequent recruitment requirements but are yet to get joining dates.
 "Wipro delaying onboarding of over 200 engineers selected in 2025: NITES")
Indian Hotels, Tata Steel among key picks in Tata group for Jefferies
Jefferies favours Indian Hotels, Tata Consumer, Tata Steel and Voltas, while remaining cautious on TCS, Tata Motors Passenger Vehicles and Tata Power
 "Indian Hotels, Tata Steel among key picks in Tata group for Jefferies")
India must redefine its cities before urban growth outpaces governance
A city is not an inventory of assets but a metabolism, drawing in water, energy, land and people and returning them in usable form or failing to do so
 "India must redefine its cities before urban growth outpaces governance")
India needs a national framework to build a sustainable care economy
The Union Budget for 2026-27 announced measures to strengthen the care ecosystem, including the expansion of geriatric and allied services, and programmes to train 150,000 multiskilled caregivers
 "India needs a national framework to build a sustainable care economy")
Bank boards need better processes, not just RBI governance rules
The RBI has been issuing directions to bank boards on matters to be taken up at board meetings
 "Bank boards need better processes, not just RBI governance rules")
Mining an opportunity: New Bill prioritises business over states' rights
The amendment enables the Centre to confer upon itself the sole authority to control mines and mineral development in the country
 "Mining an opportunity: New Bill prioritises business over states' rights")
Maersk raises 2026 outlook again as Q2 profit surges to $3 billion
Maersk's second-quarter profit before interest, taxes, depreciation and amortisation stood at $3.0 billion, well above a median forecast of $2.12 billion in a company-provided poll
 "Maersk raises 2026 outlook again as Q2 profit surges to $3 billion")
S&P 500 CEO pay jumps to record as Musk-inspired compensation plans spread
Even excluding the CEO of Tesla and SpaceX , average compensation for chief executives in the S&P 500 soared 21% to $22.8 million in 2025
 "S&P 500 CEO pay jumps to record as Musk-inspired compensation plans spread")
Delhi govt may bring ordinance to allow pvt universities to set up campus
The Delhi government is likely to bring an ordinance to facilitate the establishment of private universities in the national capital, an official said, days after the Delhi Cabinet approved draft Bill
 "Delhi govt may bring ordinance to allow pvt universities to set up campus")
Petronet LNG awaits clarity on Sep Qatar cargoes amid shipping disruption
QatarEnergy has extended force majeure until August and is yet to give Petronet LNG a definite plan for September supplies; 56 contracted cargoes have been affected
 "Petronet LNG awaits clarity on Sep Qatar cargoes amid shipping disruption")
Brigade Enterprises Q1 profit rises 33% on higher realisations, lower costs
Brigade Enterprises' average realisation rose 21 per cent YoY to Rs 14,256 per sq ft, while total expenses declined 17.75 per cent to Rs 936.51 crore in Q1 FY27.
 "Brigade Enterprises Q1 profit rises 33% on higher realisations, lower costs")
MSCI rejig: Laurus, Groww, Adani Energy Solutions, Lenskart enter index
MSCI's August review adds four Indian companies and removes three, with India's index weight rising marginally to 11.9 per cent and constituents increasing to 166
 "MSCI rejig: Laurus, Groww, Adani Energy Solutions, Lenskart enter index")
MHI receives 20 bids for rare earth magnet manufacturing scheme
20 bids signal strong industry interest in India's ₹7,280-crore push to build domestic rare earth permanent magnet capacity and reduce import dependence
 "MHI receives 20 bids for rare earth magnet manufacturing scheme")
Ride-hailing app Rapido gets Karnataka licence for cab services till 2031
Over the years, Rapido has built a presence across 21 cities in the state, supporting over 3.14 lakh captains and serving more than 2.04 crore registered customers.
 "Ride-hailing app Rapido gets Karnataka licence for cab services till 2031")
Jubilant Foodworks Q1 net profit up 6% to ₹100 cr, revenue up 14%
JFL which operates fast-food chains Domino's Pizza and Popeyes, reported an increase of 6 per cent in its consolidated net profit to Rs 100 crore for the June quarter of FY'27, on a year-on-year basis
 "Jubilant Foodworks Q1 net profit up 6% to ₹100 cr, revenue up 14%")
LG Electronics India Q1 FY27 results: Net profit rises 27.2% to ₹653 crore
LG Electronics India's Q1 profit rose 27% as premium demand lifted revenue and margins, with exports and new Sri City capacity supporting its growth strategy
 "LG Electronics India Q1 FY27 results: Net profit rises 27.2% to ₹653 crore")
JSW Cement Q1 net profit at ₹161 cr, revenue up 22% on demand, price hikes
India's JSW Cement reported a first-quarter profit on Thursday, as healthy demand and price hikes helped offset cost pressure.
 "JSW Cement Q1 net profit at ₹161 cr, revenue up 22% on demand, price hikes")
Smaller IPOs see sharper anchor investor exits after lock-in periods: Sebi
Sebi's study of 242 mainboard IPOs found an inverse relationship between issue size and anchor exit rates, with sub-Rs 250 crore issues recording the sharpest exits
 "Smaller IPOs see sharper anchor investor exits after lock-in periods: Sebi")
L&T to set up India's largest Nvidia B300 AI factory for Together AI
L&T's Vyoma.AI will set up a 10,000-GPU Nvidia B300 AI factory at its Chennai data centre campus for US-based AI firm Together AI
 "L&T to set up India's largest Nvidia B300 AI factory for Together AI")
IGL Q1 profit falls 44% to ₹238 crore as volatile LNG prices weigh
Indraprastha Gas reported a 16.5 per cent rise in total income to Rs 5,145 crore in the June quarter, while overall sales volume grew 6 per cent year-on-year
 "IGL Q1 profit falls 44% to ₹238 crore as volatile LNG prices weigh")