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 partnership will focus on indigenous underwater communication systems and robotic platforms for defence, maritime security, infrastructure monitoring and ocean exploration

Debendra Pradhan

Norwest's $4 billion fund will focus on value-added manufacturing and healthcare in India, while exploring AI and deeptech investments

NIREN SHAH, managing director and head of Norwest India

Tata-owned Air India and Air India Express on Friday extended the cancellation of their flights connecting Riyadh and Dammam till November 30, while services to Jeddah will remain suspended till November 21.
Earlier, on November 10, IndiGo said it was extending the suspension of its flight services to and from Jeddah and Madinah until November 21, while Akasa on Thursday said it has further extended the suspension of all flights to and from Riyadh and Jeddah until and including November 30.
"Due to the prevailing situation in the region, Air India and Air India Express flights to and from Riyadh and Dammam will remain suspended until 30 November 2026," the airline said in a travel advisory on Friday.
Flights to and from Jeddah will remain suspended until 21 November 2026, it added.
The airline also said customers with confirmed bookings issued on or before November 10, with travel dates up to November for Riyadh and Dammam and up to November 21 for Jeddah, may receive a complimenta

air india

Air India and Air India Express have extended the suspension of services to Riyadh and Dammam till November 30, while Jeddah flights remain cancelled till November 21

Liquid milk inflation crossed 4% in September, while paneer prices rose over 5.5% in October, indicating mounting price pressures even before leading dairy brands announced price hikes

Amul, dairy products, Dairy industry

Supreme Court review petition challenges the October 15 ruling overturning YES Bank's ₹8,415 crore AT-1 bond write-down, with potential implications for its capital position

yes bank

Paytm Payments Services has received in-principle RBI authorisation to issue prepaid payment instruments, paving the way for a wallet revival after regulatory curbs on PPBL

Madhur Deora, President & group CFO, Paytm

Vodafone Idea expects to finalise funding from public sector banks this quarter as it ramps up capital expenditure to expand its 5G network and strengthen 4G capacity

Abhijit Kishore, CEO, Vodafone Idea

India's startup base crossed 250,000 in October, but seed funding fell 37 per cent in the first nine months of 2026, raising challenges for first- and second-time VC managers

startup funding, startups

The company plans to use IPO proceeds to deepen its engineering capabilities and expand into new consumer categories and proprietary components

Nvidia's chips underpin major Indian AI projects, including Reliance, Yotta, L&T, and Sarvam, even as chief executive Jensen Huang faces scrutiny over a suspected Chinese intelligence operative

Jensen Huang, Jensen, Nvidia

E-commerce platforms report a surge in AI-led product discovery during festive sales, while expanding its use to logistics, forecasting and customer support.

AI shopping agent, Artificial intelligence, AI agent

D'Souza, an industry veteran with three decades of experience in the consumer space, joined the Voltas board as a non-executive director in May 2026

Sunil D'Souza

Haldar takes charge of the India two-wheeler business following Gaurav Gupta's resignation, as TVS Motor prepares for a wider leadership transition under incoming CEO Peyman Kargar

Aniruddha Haldar

Adani Energy Solutions on Friday said it has acquired IntelliSmart Infrastructure from National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL) for Rs 3,050 crore, a move that will boost the Adani Group entity's presence in the smart metering space.
The Rs 3,050-crore transaction includes the acquisition of 100 per cent equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF.
IntelliSmart Infrastructure provides advanced metering infrastructure for electricity and deploys certain smart gas meters in the country.
In an exchange filing, Adani Energy Solutions Ltd (AESL) said it has completed the acquisition of 100 per cent of the equity share capital of IntelliSmart from NIIF and EESL, and the optionally convertible debentures of IntelliSmart held by NIIF have been redeemed.
On October 30, the fair trade regulator, the Competition Commission of India (CCI), approved Adani Energy

Adani, Adani Group

The ₹3,050-crore transaction includes the acquisition of 100 per cent equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF

ReNew plans ₹80,000 crore investments in Andhra Pradesh across data centres and clean energy manufacturing, aiming to expand its presence across the clean-tech supply chain and digital infrastructure

Sumant Sinha

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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