Business conglomerate Godrej Industries Ltd on Tuesday reported an 81 per cent increase in consolidated net profit at Rs 322.49 crore for the April-June quarter of 2024, on higher income.
Its net profit stood at Rs 178.06 crore in the year-ago period.
Total income increased to Rs 5,259.41 crore in the April-June period of 2024-25 fiscal, from Rs 4,893.40 crore in the corresponding period of the previous year, according to a regulatory filing.
Godrej Industries has presence in chemicals, estate management (real estate), finance & investments.
On business performance of its subsidiaries, joint ventures and associate companies, Godrej Industries said the consolidated sales of Godrej Consumer Products Ltd (GCPL) stood at Rs 3,311 crore in the first quarter of this fiscal.
Godrej Properties' total Income grew to Rs 1,638 crore in April-June period of this fiscal, from Rs 1,315 crore in the year-ago period.
Godrej Agrovet's total income declined to Rs 2,360 crore in the period under ..

Godrej Industries has presence in chemicals, estate management (real estate), finance & investments

Press Trust of India

Patel Engineering Ltd on Tuesday reported a 25.81 per cent rise in its consolidated net profit to Rs 48.17 crore in the April-June quarter of 2024.
It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing.
The company's revenue from operations declined by 1.52 per cent to Rs 1,101.66 crore in the June quarter.
It was at Rs 1,118.61 crore in the year-ago period.
Patel Engineering's Managing Director Kavita Shirvaikar said, "Our focus remains on delivering long-term value for our stakeholders while continuously enhancing operational efficiency and output."
"With this strong foundation in place, we are poised to build a brighter future for Patel Engineering Limited and creating lasting value for India's infrastructure development," she added.
The Mumbai-based engineering, procurement, and construction firm has a strong presence in tunnels and underground works for hydroelectric and dam projects.

It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing

Nykaa Q1FY25 results: Ebitda surged over 30% Rs 96 crore in April-June quarter compared to Rs 73 crore last year

Business Standard

The company's relationship with Anthropic spans compute supply, equipment leasing and financing -- giving the semiconductor company a central role in Anthropic's infrastructure buildout.

Broadcom

Reuters

Investors ‌have poured large ​sums into ​early-stage startups building defenses against AI-driven ​cyberattacks.

AI models, AI safety research

Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre

Mahindra Group on Thursday said it is in preparatory discussions with Brazilian aircraft maker Embraer to create an industrial and support ecosystem for the military transport and aerial refuelling aircraft C-390 Millennium in India.
The two companies are jointly pursuing the Indian Air Force Medium Transport Aircraft (MTA) programme, Mahindra Group said.
As part of their ongoing preparations, Mahindra and Embraer are working with the Maharashtra government and have identified Nagpur for a potential final assembly line for Embraer C-390 Millennium aircraft production in India, it added.
Embraer and Mahindra entered into a strategic cooperation agreement in October last year to jointly advance the C-390 Millennium for the IAF's MTA programme, building on their earlier initial pact, signed in February 2024.
The agreement envisages collaboration on industrialisation, local manufacturing, assembly, supply chain development and MRO activities in India. In February 2026, the companies al

Mahindra Group

Mahindra Group said it is in preparatory discussions with Embraer to create an industrial and support ecosystem for the military transport and aerial refuelling aircraft C-390 Millennium in India.

Fourth-quarter revenue rose 6 per cent to $18.7 billion, beating guidance, while Accenture projected 3-6 per cent growth for FY27, offering some comfort to Indian IT firms

Accenture

Jio Platform is giving final touches to its public offer documents, touted as India's largest at an estimated USD 3.8 billion, after concluding worldwide roadshows, according to a source aware of the development.
The roadshows overseas were led by Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani and Reliance Retail Ventures Limited Executive Director,  Isha Ambani.
"Jio Platforms has completed the first leg of the IPO after roadshows with potential investors globally. The roadshows were held in the US, UK, Dubai, Singapore and Hong Kong. Now, the company has started preparations for filing a red herring prospectus," a source aware of the development told PTI.
An email query sent to Jio Platforms elicited no response.
The digital services arm of billionaire Mukesh Ambani's Reliance Industries, Jio Platforms, last month received approval from markets regulator Sebi to proceed with its initial public offering, paving the way for what would be the country's larges

Jio Platforms Managing Director Akash Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra. (@RelianceUpdates/YT)

Jio Platform is giving final touches to its public offer documents, touted as India's largest at an estimated $3.8 bn, after concluding worldwide roadshows, according to a source

TVS Motor Company said its total vehicle sales grew 24 per cent to 672,790 units in September as against 541,064 units in the same month last year.
During the month under review, total two-wheelers registered a growth of 23 per cent to 645,955 units compared with 523,923 units in the same month last year.
Domestic two-wheelers sales rose 17 per cent to 482,073 units in September 2026 from 413,279 units in the same month a year ago.
Electric two-wheeler sales in September this year more than doubled at 65,799 units in the reporting month from 31,266 units in the corresponding month of 2025, the company said.
The company's total sales from international business were up 48 per cent at  180,700 units as against 122,108 units in September 2025, with two-wheeler sales rising 48 per cent to 163,882 units in September as against 110,644 units in the month a year ago.
Three-wheelers registered a growth of 57 per cent with sales of 26,835 units last month as against 17,141 units in Septemb

TVS Motor company

TVS Motor Company said its total vehicle sales grew 24 per cent to 672,790 units in September as against 541,064 units in the same month last year.

Adyen's APAC President Gary Yang says India remains a key priority market, with plans to deepen its payments capabilities while expanding into fraud mitigation, loyalty, and usage-based billing

Adyen's Asia-Pacific President Gary Yang

Space-tech funding has surged as policy reforms, government-backed risk capital and access to Isro infrastructure allow private companies to move from development to commercial deployment

TakeMe2Space, SpaceX Falcon 9, orbital data centre, MOI constellation, Waymaker-2, RIDE Space, Nvidia Thor GPUs, OrbitLab, satellite computing, space technology

The edtech startup, backed by Accel and Prosus Ventures, plans to enter new states and CBSE while strengthening its AI research and vernacular-language capabilities

Arivihan founders in classroom

Nearly half of high-value electronics purchases are expected to use affordability options, while biometric authentication is seeing higher payment success rates

Gaurav Arora, V-P Payments & SuperCoins, Flipkart

Bagchi will take charge on October 27, succeeding Shashidhar Jagdishan, as India's largest private sector lender navigates governance concerns and a leadership transition.

Anup Bagchi

Tata AMC CEO Anand Vardarajan says differentiated products, strong distribution and steady fund performance will drive growth as investors continue SIPs despite a prolonged sideways market.

ASAS

Suresh Kumar, global chief technology officer of Walmart, says artificial intelligence (AI) has helped the world's largest retailer improve its customer engagements online and also developer productiv

Suresh

Chittilappilly, who has been managing director since 2012, will take on the additional role following the completion of Radha Unni's second and final term

Mithun K Chittilappilly appointed as Chairperson & Managing Director of V-Guard Industries

Ashwani Kumar, Managing Director and Chief Executive Officer (MD&CEO), UCO Bank

We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar

Pham Sanh Chau

VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

Yogesh Mathur, Director-Sales & Marketing, HMSI

Two-wheeler demand likely to remain tepid until festival season, says HMSI

JSW joint managing director and chief executive officer Jayant Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations

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