Page 41 - Latest News

Indian Railways' coal loading rises 22.5% in October amid power demand

Indian Railways reported a rise of 87 coal rakes per day in October compared with a year earlier, as higher power demand and industrial activity drove increased coal transportation

Mahindra Lifespaces' Q2 profit falls 66% despite strong sales growth

Mahindra Lifespaces reported a 65.9 per cent decline in Q2FY27 net profit to Rs 16.34 crore, while consolidated sales rose 32 per cent to Rs 1,126 crore during the quarter

Sunil Kumar appointed ONGC chairman for three years from December 7, 2026

The ACC has approved Sunil Kumar's appointment as ONGC chairman for a combined three-year tenure starting December 7, 2026. He will succeed Arun Singh, who took charge in 2022

Oil price surge keeps Nifty in red, Sensex sheds 460 points on Thursday

Nifty fell 0.54 per cent to 22,687.65 as Brent crude climbed above $112 a barrel, with oil-sensitive stocks dragging markets lower amid renewed tensions in West Asia.

CureBay raises ₹100 crore in Pre-Series C round to expand rural network

The Bhubaneswar-based healthtech firm raised Rs 69 crore in equity and over Rs 30 crore in debt to expand its rural clinic network and strengthen AI-powered healthcare services

Mahindra Holidays to add 1,000 keys in six months, aims for 10,000 by FY30

Mahindra Holidays plans to add 1,000 resort keys over the next six months, with 70 per cent of capital earmarked for new resorts, despite higher costs and project delays.

GST registration for small e-commerce sellers to begin from November 1

The simplified GST registration facility will allow small e-commerce sellers to expand across states without setting up physical offices, with detailed notifications expected soon

Jindal Stainless Q2FY27 net profit rises 11% to ₹898 cr, revenue up 18%

Jindal Stainless reported an 11 per cent rise in Q2FY27 net profit to Rs 898 crore, supported by higher sales volumes, strong exports and demand for value-added products

The business of big musicals: How India's live theatre is evolving

From Shriram Centre's long-running Shri Ram to Broadway-style productions, ABBA tributes and tech-laden shows at NCPA and NMACC, India's musical stage is getting bigger, brighter, pricier

Indian Bank raises special term deposit rates by 15 bps from October 23

Indian Bank has raised rates on its 555-day Ind Grow and 777-day Ind Prosper deposit schemes by 15 basis points each, following the RBI's October repo rate increase.

Ultraviolette Automotive bets big on new models to drive global expansion

Ultraviolette Automotive plans to invest Rs 800 crore in a new Hosur facility, launch four products over the next year and expand exports to Europe, North America and Latin America.

Low coal stocks may impact ability to meet power demand surge: ICRA

Coal stocks at power plants stood at just six days against the 19-20-day norm, raising concerns over supply buffers as ICRA forecasts 8.5 per cent electricity demand growth in FY27

Unicorn India Ventures launches US operations, appoints ex-Google executive

Former Google executive Kishore Kanakamedala joins as venture partner to build a US investor network and help Indian deep-tech startups expand into international markets

Colgate-Palmolive India Q2 net profit rises 4.3%, revenue up 12.3%

Colgate-Palmolive India's revenue rose 12.3 per cent to Rs 1,705.8 crore in Q2FY27, driven by double-digit domestic growth and strong performance in its premium toothpaste portfolio.

GSTN adds two e-invoicing categories for reverse charge purchases

The new RCM-DOM and RCM-IMP categories will allow eligible businesses to generate e-invoices for specified domestic purchases and imported services under reverse charge rules

eMudhra to exit global SSL/TLS certificate business after security flaws

eMudhra said it would voluntarily exit the global SSL/TLS certificate business after vulnerabilities were found in its certificates, raising concerns over digital security.

Sebi allows margin relief on subsequent trades against early pay-in

Sebi has allowed margin relief on subsequent cash-market trades against accepted early pay-in of securities, easing margin requirements for clients with net sell obligations.

India permits 6,500 tonnes of silver imports despite weak demand

India has permitted imports of around 6,500 metric tons of silver over six months despite weak domestic demand, a move expected to ease local premiums while supporting global prices.

SIP vs Lumpsum: What should investors do in the current sideways market?

A lump sum has usually beaten staggered investing, but distributors say a sideways market favours spreading it out. A Systematic Transfer Plan (STP) is the middle path

HPCL Q2 profit falls 9% to ₹3,483 cr on higher costs, tax expenses

HPCL's Q2 net profit fell 9% to ₹3,483 crore as higher crude oil prices and tax expenses squeezed margins, despite a 26.2% rise in product sales to ₹1.39 trillion.