The Tatas and Reliance will have to take on each other in the online and offline retail business. This is a space where the competition is already very high. Clearly, the Big Two of India Inc appear to be heading for a clash. What that could mean for the rest of u? Business Standard's Dev Chatterjee explains in detail. Watch the video

Retail war: Will the Tatas be able to take on the might of Reliance?

Sterling and Wilson Renewable Energy Ltd (SWREL) on Thursday reported a manifold rise in consolidated net profit to Rs 55 crore in the March quarter, on account of higher income.
It had posted a net profit of Rs 1.40 crore in the January-March period of the preceding 2023-24 fiscal year, the company said in an exchange filing.
During the fourth quarter of FY25, the company's total income surged to Rs 2,506.45 crore from Rs 1,211.40 crore in the same period a year ago.
Expenses stood at Rs 2,419.73 crore as against Rs 1,177.66 crore in the fourth quarter last fiscal.
For the entire financial year 2024-25, SWREL reported a net profit of Rs 85.55 crore.
It had a loss of Rs 210.79 crore in FY24.
Total income rose to Rs 6,341.46 crore in the fiscal, from Rs 3,120.79 crore a year ago.
In a statement, the company's Global CEO C K Thakur said "We are poised for a significant growth across markets considering the commendable pipeline of projects both in the domestic and international reg

During the fourth quarter of FY25, the company's total income surged to Rs 2,506.45 crore from Rs 1,211.40 crore in the same period a year ago

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A video of Sharma went viral on social media in which he demanded Kashmiri Muslims leave the state by Thursday morning

Airlines responded by waiving cancellation and rescheduling fees and boosting flight capacity from Srinagar

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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Retail war: Will the Tatas be able to take on the might of Reliance?

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