Business news

Adani's Ambuja Cements clocks 24 pc net profit growth at Rs 970 crore in Q1, revenue up 23 pc

Adani's Ambuja Cements clocks 24% net profit growth at Rs 970 crore in Q1, revenue up 23%

Ambuja Cements is currently the 9th largest building materials solutions company globally. By blending business reimagination, future-ready technologies, ESG focus and deep community engagements, Ambuja Cements is redefining scale and impact in the cement industry.

Jul 31, 2025

Centre aims to collect Rs 900 crore for BSNL, Rs 4,573 crore for MTNL via asset monetisation in FY26

Union Minister of State for Communications, Pemmasani Chandra Sekhar, told the Rajya Sabha in a reply to a question that the assets monetisation is being done as per the revival packages approved by the Union Cabinet. The minister emphasised that there is no plan to shut down BSNL and MTNL, and the "proceeds of asset monetisation are being used in accordance with the approvals of the Union Cabinet".

Jul 31, 2025

Indian stock market opens in red, IT stocks drag

Sensex, Nifty open lower amid concerns over Trump's 25% tariffs with penalty from Aug 1

Selling pressure was also seen in midcap and smallcap stocks. Nifty midcap 100 index was down 457 points or 0.79 per cent at 57,484 and Nifty smallcap 100 index was down 100 points or 0.55 per cent at 18,037.

Jul 31, 2025

'By August 1, most trade deals will be completed': Donald Trump

Donald Trump announces 25% tariff with penalty on Indian exports from Aug 1; calls India's trade policy "obnoxious"

US president Donald Trump claimed that India's tariffs are among the highest in the world and that the country also has "the most strenuous and obnoxious non-monetary trade barriers" compared to any other nation.

Jul 30, 2025

Sky is the limit: IndiGo is now tenth largest airline by capacity globally; growth indisputable [details]

IndiGo's Q1 net profit slumps 29 pc sequentially, revenue falls nearly 7.5 pc

On year-on-year (YoY) basis, the airline posted a 20.26 per cent drop in its profit from Rs 2,729 crore in the same period previous year (Q1 FY25), according to its stock exchange filing.

Jul 30, 2025

NSE crosses 23 crore investor accounts, adds 1 crore investors in just 3 months

The expansion has been powered by rapid digitalisation and the widespread uptake of mobile-based trading solutions, which have significantly lowered entry barriers for investors, particularly across smaller cities and semi-urban centres, he added.

Jul 30, 2025

TCS CEO earns Rs 26.5 crore as IT major announces massive layoffs

TCS CEO's salary amid massive layoffs irks IT sector; shocked at 330x median employee salary

Krithivasan's salary comprised a base salary of Rs 1.39 crore, alongside Rs 2.12 crore in benefits, perquisites, and allowances, as well as Rs 23 crore in commission, according to the latest annual report.

Jul 30, 2025

Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030

On its 25th anniversary of starting production in India, Decathlon's decision signifies a growing focus on Indian manufacturing, a release from the company said. India currently supplies 8 per cent of Decathlon's global products.

Jul 30, 2025

NSE IPO, national stock exchange ipo, NSE Mumbai, stock market india

Indian stock market settles in green ahead of US Fed meet

Sensex closed at 81,481.86, up 143.91 points or 0.18 per cent. The 30-share index started the session with a decent gap-up at 81,594.52 against the last session's closing of 81,337.95. The index remained range-bound amid mixed reactions from investors, and it touched an intra-day high at 81,618.96.

Jul 30, 2025

Indian stock market ends sharply lower amid overall heavy selling

Benchmark indices open flat on trade deal concerns, all eyes on Fed rate cut

At 9.25 am, Nifty was up 22 points or 0.09 per cent at 24,843 and Sensex was up 64 points or 0.08 per cent at 81,402. Broader markets was marginally higher as BSE MidCap gained 0.09 per cent and the BSE SmallCap advanced 0.33 per cent.

Jul 30, 2025

Lenskart IPO: Promoter Sumeet Kapahi's degree, marksheets missing, shows DRHP

The document states that Kapahi has written several emails and a letter to the university requesting copies of his degree certificate and has also applied for the marksheets through the university's online portal.

Jul 29, 2025

India projected to see salary hikes between 6.2-11.3 pc across industries in FY26

According to the report, top roles within industries with the highest salary increment are Electrical Design Engineer (12.4 per cent) in EV and EV Infrastructure, In-Store Demonstrator (12.2 per cent) in Consumer Durables, Relationship Executive (11.6 per cent) in NBFC, and Fashion Assistant (11.2 per cent) in Retail.

Jul 29, 2025

Indian stock market settles in negative territory amid selling pressure, FII outflow

Sensex closed at 80,891.02, down 572.07 points or 0.70 per cent. The 30-share index began the session in the negative territory at 81,299.97 against the last day's closing of 81,463.09. The index dragged down further to touch an intraday low at 80,776.44 amid selling in heavyweights, especially in the IT sector.

Jul 28, 2025

Sensex projected to touch 115,836, Nifty to surpass 43,800 by FY28: Report

Sensex, Nifty trade lower, IT stocks continue to lose

The Nifty Bank fell 0.28 per cent to 56,384. The Nifty IT index and Nifty realty were the worst performer among sectoral peers, shedding 0.61 per cent and 2.75 per cent respectively.

Jul 28, 2025

Lodha Developers' net profit drops 27% sequentially, revenue also declines

Similarly, revenue from operations in Q1 stood at Rs 3,491.7 crore, down by 17.34 per cent compared to Rs 4,224.3 crore in the January-March quarter.

Jul 27, 2025

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Business news

Adani's Ambuja Cements clocks 24% net profit growth at Rs 970 crore in Q1, revenue up 23%

Centre aims to collect Rs 900 crore for BSNL, Rs 4,573 crore for MTNL via asset monetisation in FY26

Sensex, Nifty open lower amid concerns over Trump's 25% tariffs with penalty from Aug 1

Donald Trump announces 25% tariff with penalty on Indian exports from Aug 1; calls India's trade policy "obnoxious"

IndiGo's Q1 net profit slumps 29 pc sequentially, revenue falls nearly 7.5 pc

NSE crosses 23 crore investor accounts, adds 1 crore investors in just 3 months

TCS CEO's salary amid massive layoffs irks IT sector; shocked at 330x median employee salary

Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030

Indian stock market settles in green ahead of US Fed meet

Benchmark indices open flat on trade deal concerns, all eyes on Fed rate cut

Lenskart IPO: Promoter Sumeet Kapahi's degree, marksheets missing, shows DRHP

India projected to see salary hikes between 6.2-11.3 pc across industries in FY26

Indian stock market settles in negative territory amid selling pressure, FII outflow

Sensex, Nifty trade lower, IT stocks continue to lose

Lodha Developers' net profit drops 27% sequentially, revenue also declines

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]