Companies

Air India flight returns to Jaipur, minutes after take-off due to suspected technical snag

Indian airlines report heavy losses in FY25; Air India, Air India Express worst hit

By contrast, IndiGo, the country's largest airline, reported a pre-tax profit of Rs 7,587.5 crore during the year -- highlighting its continued dominance in the domestic market. The provisional data also revealed the mounting debt levels of Indian carriers. Air India's debt stood at Rs 26,879.6 crore, while IndiGo's debt was much higher at Rs 67,088.4 crore.

3 days ago

Nazara Tech shares tumble as India moves to ban online money games

Shares of Nazara Tech slumped over 21% in two sessions and were headed for their steepest two-day fall on Thursday, after India's lower house of parliament passed a bill banning online games involving monetary stakes, which analysts warned could make the sector "infeasible."

4 days ago

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman speaks during a meeting

GST 2.0 to unleash consumption boost, higher tax revenue, lower inflation

"The average revenue loss could come around Rs 85,000 crore. For FY26, it could be at Rs Rs 45,000 crore. Overall headline revenue loss likely to contained with a concomitant shift in sin goods from 28 per cent slab to 40 per cent slab," the report mentioned.

5 days ago

Flipkart Seller Summit tied to national MSME push; Prahlad Joshi calls it a platform for self-reliance

Flipkart concluded its 2025 Delhi Seller Summit with over 3,000 entrepreneurs, where Union Minister Prahlad Joshi praised the platform's role in empowering MSMEs and balancing consumer welfare with industry growth.

5 days ago

Adani Realty most valuable unlisted company on 'Hurun Real Estate List 2025'

Adani Group refutes reports that is has been allotted land by Assam govt

The Adani Group on Monday dismissed reports in a section of the media that it has been allotted land by the Assam government for a cement plant in the state, terming them baseless, false, and misleading.

6 days ago

'Diwali Gift' GST Reforms Touted as Big Step in Tax Efficiency

'Diwali Gift' GST reforms termed as big step in tax efficiency by CII

CII also applauded the heightened focus on strategic sectors, the push for Made-in-India semiconductor chips by year-end underscores India's emergence in global tech manufacturing, while the Sudarshan Chakra Mission, energy self-reliance, and space capabilities, including the plan for an indigenous space station, signal a transformative leap in indigenous innovation.

9 days ago

India's Domestic Battery Revolution Is Creating a More Resilient and Forward-Looking Economy

The battery industry in India has the potential to continue to promote much needed economic diversification as well as create a more resilient development strategy

9 days ago

Sensex, Nifty open lower amid uncertainty around Trump tariffs

Sensex, Nifty end 1 pc higher this week despite tariff concerns

Investors are now focused on the US President Donald Trump and his Russian counterpart Vladimir Putin's meeting in Alaska, in hopes that it may result in a Russia-Ukraine ceasefire and the lifting of the additional 25 per cent tariff on India.

10 days ago

indian oil corporation ioc oil fuel atf jet fuel increase aviation prices cost air india jet spicejet indigo go air vistara airasia india hike slash cut

Indian Oil reports lower-than-expected Q1 profits despite fuel demand in India

Indian Oil Corp reported first-quarter profit below analysts' estimates on Thursday, as inventory losses dented its refining margins.

11 days ago

Lenovo's logos during the Mobile World Congress in Barcelona

Lenovo reports impressive profit growth despite US tariff challenges

China's Lenovo on Thursday reported a 108% rise in first-quarter profit despite challenges from U.S. tariff policies.

11 days ago

Foxconn to report 11% rise in second-quarter profit; AI demand fuels growth

Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that second-quarter profit rose 11% on continued strong demand for artificial intelligence servers.

11 days ago

JSW Cement makes strong debut on stock market; valued at $2.38 billion

Shares of JSW Cement debuted 4% higher on Thursday, valuing the firm at $2.38 billion as investors looked past broader market jitters to back the company's capacity expansion plans and push into new regional markets.

11 days ago

Lenovo says US-China tariff pause a positive sign; CEO expresses optimism

China's Lenovo (0992.HK) said on Thursday the tariff pause between Washington and Beijing was positive and growth in China's AI infrastructure remained strong despite U.S.-China tech tensions.

11 days ago

ppac march 2017 report, india crude oil import, india oil and gas sector at a glance, bpcl, hpcl, ioc, ongc, fuel stations in india

India's BPCL beats quarterly profit view on lower costs, improved demand

India's state-run refiner Bharat Petroleum Corp (BPCL) reported a better-than-expected quarterly profit, helped by a dip in costs and improved fuel demand.

12 days ago

Peace returning to Manipur, 7,000 houses approved: FM Nirmala Sitharaman in Rajya Sabha

New I-T Bill: No ITR filing exemptions for small taxpayers, late filers can claim refunds

The new I-T Bill kept section 433 intact, which required that 'every claim for refund under this part shall be made by furnishing a return as per section 263'. So, effectively, the law still requires a return of income to claim a refund, with no alternative methods allowed.

13 days ago

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Companies

Indian airlines report heavy losses in FY25; Air India, Air India Express worst hit

Nazara Tech shares tumble as India moves to ban online money games

GST 2.0 to unleash consumption boost, higher tax revenue, lower inflation

Flipkart Seller Summit tied to national MSME push; Prahlad Joshi calls it a platform for self-reliance

Adani Group refutes reports that is has been allotted land by Assam govt

'Diwali Gift' GST reforms termed as big step in tax efficiency by CII

India's Domestic Battery Revolution Is Creating a More Resilient and Forward-Looking Economy

Sensex, Nifty end 1 pc higher this week despite tariff concerns

Indian Oil reports lower-than-expected Q1 profits despite fuel demand in India

Lenovo reports impressive profit growth despite US tariff challenges

Foxconn to report 11% rise in second-quarter profit; AI demand fuels growth

JSW Cement makes strong debut on stock market; valued at $2.38 billion

Lenovo says US-China tariff pause a positive sign; CEO expresses optimism

India's BPCL beats quarterly profit view on lower costs, improved demand

New I-T Bill: No ITR filing exemptions for small taxpayers, late filers can claim refunds

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]