Adani Ports Reports 10% Rise in Q1 Profit at Rs 3,650 Crore, Revenue Jumps 19%

Ahmedabad — Adani Ports and Special Economic Zone Limited (APSEZ) reported a 10 per cent year-on-year increase in consolidated net profit to Rs 3,650 crore for the first quarter of FY27, driven by strong performance across its ports, marine…

Air India, Air India Express Report Combined FY26 Loss of Rs. 22,238 Crore as Turnaround Faces Long Road

New Delhi: Tata Group-owned Air India and its budget carrier Air India Express reported a combined net loss of ?22,238 crore in the financial year 2025-26, more than double the ?10,859 crore loss recorded in the previous fiscal, despite ongoing efforts…

India clocks strong industrial growth at 7.3 pc in June led by manufacturing, electricity and gas

New Delhi: The Index of Industrial Production (IIP) recorded a 7.3 per cent (year-on-year) growth in June, supported by a robust 7.8 per cent growth in the manufacturing sector and a 10.6 per cent growth in the electricity and…

Markets Rebound Strongly: Sensex Soars 776 Points, Nifty Ends Above 23,900

Mumbai: Indian equity markets staged a strong comeback on Monday, ending a five-session losing streak as easing geopolitical tensions and a sharp fall in crude oil prices boosted investor confidence.

The benchmark Sensex rallied 776.29 points…

India Must Reform Gas Market, Expand Infrastructure to Boost Long-Term Demand: IGU Report

New Delhi: India needs to complement its expanding liquefied natural gas (LNG) import capacity with faster investment in gas transmission and distribution networks, along with key market reforms, to unlock long-term growth in natural gas consumption,…

Centre Approves Rs. 69,725 Crore Push to Transform India into Global Shipbuilding Hub

New Delhi: The Centre has approved a comprehensive ?69,725 crore package aimed at strengthening India's shipbuilding industry through enhanced domestic manufacturing capacity, long-term maritime financing, policy reforms and workforce development.

Samsung begins India pre-orders for Galaxy Z Fold8 series and Flip8 with Galaxy AI features

New Delhi: Samsung has opened pre-orders in India for its latest foldable smartphones — the Galaxy Z Fold8, Galaxy Z Fold8 Ultra and Galaxy Z Flip8 — bringing slimmer designs, enhanced artificial intelligence (AI) capabilities and upgraded…

Bandhan Bank stock tumbles over 15% as lower RoA guidance overshadows Q1 profit growth

Mumbai: Shares of Bandhan Bank fell more than 15 per cent on Wednesday after the lender lowered its return-on-assets (RoA) guidance, despite posting a stronger-than-expected rise in first-quarter profit.

The Kolkata-headquartered private lender…

Arvind Fashions' Q1 profit drops 24% despite strong revenue growth

Mumbai: Arvind Fashions, which retails premium international brands such as Arrow, Calvin Klein and Tommy Hilfiger in India, reported a 23.8 per cent decline in consolidated net profit for the first quarter of FY27, as rising costs offset strong revenue…

NRI Deposits Likely to Push Bank Deposit Growth to 15% in FY27: SBI Research

New Delhi- Inflows into Foreign Currency Non-Resident (Bank) or FCNR-B deposits are expected to strengthen India's banking sector by raising overall deposit growth to around 15 per cent in FY27, helping reduce the gap between deposit and credit…