Business
India Launches Rs 84,084 Crore Offshore Oil Exploration Initiative
India Launches Rs 84,084 Crore Offshore Oil Exploration Initiative
India's government has approved funding for deep-sea oil exploration to enhance domestic production and reduce import dependence.
Maruti Suzuki Achieves Record Monthly Production in July 2023
Maruti Suzuki Achieves Record Monthly Production in July 2023
Maruti Suzuki reports a record production of 248,845 units in July, marking significant growth in India's automotive industry.
Vodafone Idea Faces ₹26.83 Crore Notice Over Spectrum Obligations
Vodafone Idea Faces ₹26.83 Crore Notice Over Spectrum Obligations
The Department of Telecommunications sends notice to Vodafone Idea for ₹26.83 crore amid spectrum rollout obligations, though operations remain stable.
Maruti Suzuki Reports 11% Profit Decline Despite Rising Revenue
Maruti Suzuki Reports 11% Profit Decline Despite Rising Revenue
Maruti Suzuki's Q1 profit fell by 11% to Rs 3,352 crore, overshadowed by higher material costs despite a 36% revenue increase.
Sun Pharmaceutical Reports 27% Net Profit Increase in Q1 FY27
Sun Pharmaceutical Reports 27% Net Profit Increase in Q1 FY27
Sun Pharmaceutical announces a 27% rise in Q1 FY27 net profit, while experiencing a decline in US formulation sales to $427 million.
Apple's Revenue Forecast Below Expectations Amid Supply Chain Issues
Apple's Revenue Forecast Below Expectations Amid Supply Chain Issues
Apple's latest revenue projections fall short of Wall Street targets, highlighting ongoing supply chain challenges for the tech giant.
Vedanta Appoints New CEO as Q1 Profit Surges by 72%
Vedanta Appoints New CEO as Q1 Profit Surges by 72%
Vedanta's Q1 profit jumps 72% to ₹54.73 billion as Arun Misra is appointed CEO amidst rising base metal prices.
India's Gold Demand Declines 6% amid Higher Duties and Seasonal Trends
India's Gold Demand Declines 6% amid Higher Duties and Seasonal Trends
India's gold demand fell by 6% in the April-June quarter, attributed to weak seasonal demand and increased duties, according to the World Gold Council.
Adani Enterprises Reports Q1 Loss Amid Surge in Revenue
Adani Enterprises Reports Q1 Loss Amid Surge in Revenue
Adani Enterprises incurs Rs 1,160 crore loss in Q1, but revenue rises 50% year-on-year, indicating strong core business performance.
Dabur India Reports 15.3% Increase in First Quarter Profit
Dabur India Reports 15.3% Increase in First Quarter Profit
Dabur India showcases strong performance with a 15.3% profit rise, driven by growth in consumer care and food sectors, despite challenges in retail.
US-Iran Negotiations Focus on Strait of Hormuz Amid Ongoing Tensions
US-Iran Negotiations Focus on Strait of Hormuz Amid Ongoing Tensions
US President Donald Trump expresses optimism regarding Iran talks as negotiators address key issues such as transit fees and regional security.
Larsen & Toubro Q1 Profit Rises 14% Amid Strong Order Growth
Larsen & Toubro Q1 Profit Rises 14% Amid Strong Order Growth
Larsen & Toubro reports a 14% increase in Q1 profit, surpassing estimates, with robust order inflows and a 7% rise in revenue.
Visa Announces Workforce Reductions Amid Economic Challenges
Visa Announces Workforce Reductions Amid Economic Challenges
Visa plans to cut jobs as it navigates global economic pressures and adjusts to market demands.
India Bans 'Energy Drink' Labels on Major Beverage Brands
India Bans 'Energy Drink' Labels on Major Beverage Brands
India's food regulator prohibits top beverage brands from using the 'energy drink' label, prompting industry concerns over brand impact.
Indian Rupee Strengthens to 95.92 Against US Dollar
Indian Rupee Strengthens to 95.92 Against US Dollar
The Indian rupee gains 61 paise, concluding trading at 95.92 against the US dollar, influenced by geopolitical factors and central bank policies.
Honda CB500 Retro Roadster Launched in India
Honda CB500 Retro Roadster Launched in India
Honda has unveiled the CB500 retro roadster in India, marking its entry into the retro motorcycle segment.
CBDT Released Guidelines for Crypto Asset Reporting in India
CBDT Released Guidelines for Crypto Asset Reporting in India
The CBDT has issued guidance for crypto exchanges on reporting under the Income-tax Act, 2025, implementing OECD standards.
Multiple IPOs Set to Launch in August 2026, Targeting Rs 25,000 Crore
Multiple IPOs Set to Launch in August 2026, Targeting Rs 25,000 Crore
A dozen companies, including Zepto and Shiprocket, are poised for IPOs in August, aiming to raise over Rs 25,000 crore amid market optimism.
Global Trade Faces Challenges Amid Economic Uncertainty
Global Trade Faces Challenges Amid Economic Uncertainty
Amid rising inflation and geopolitical tensions, global trade faces various hurdles impacting supply chains and economic growth.
NTPC Reports Strong Q1 FY27 Results, Profit and Margins Rise
NTPC Reports Strong Q1 FY27 Results, Profit and Margins Rise
NTPC posts higher net profit and expanded margins in Q1 FY27 despite revenue falling slightly short of forecasts.
Tata Consumer Products Reports Growth in Diversified Revenue Streams
Tata Consumer Products Reports Growth in Diversified Revenue Streams
Tata Consumer's Q1 FY27 reveals significant revenue growth from diversified businesses, surpassing tea and coffee sales.
HCL Technologies Invests Rs 15,000 Crore in New Bhubaneswar Centre
HCL Technologies Invests Rs 15,000 Crore in New Bhubaneswar Centre
HCL Technologies to establish a new global delivery centre in Bhubaneswar, investing ₹15,000 crore, to enhance AI and data services.
AMD Launches Helios AI Rack System to Compete with Nvidia
AMD Launches Helios AI Rack System to Compete with Nvidia
AMD's Helios AI rack-scale system enters production, aiming to rival Nvidia's offerings in the AI server market with high performance metrics.
Oil Prices Exceed $100 Amid Middle East Conflicts and Attacks
Oil Prices Exceed $100 Amid Middle East Conflicts and Attacks
Benchmark Brent crude oil surpasses $100 for the first time since May as tensions rise in the Middle East, particularly involving Yemen's Houthis.
IndiGo and Air India Object to Adani's Airline Entry
IndiGo and Air India Object to Adani's Airline Entry
IndiGo and Air India raise concerns regarding Adani Group's entry into the aviation sector, citing competitive implications.