Companies

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

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

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

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

Reliance Infra, Power hit lower circuit; drop 10 pc after ED raids on Anil Ambani firms

ED conducted the raid on over 35 premises linked to Anil Ambani's Reliance Group (RAAGA Companies) during a probe into the Rs 3,000 crore Yes Bank loan fraud. Both Reliance Power and Reliance Infrastructure have issued statements distancing themselves from the investigation.

Jul 25, 2025

Infosys' Q1 net profit dips 1.6 pc sequentially to Rs 6,924 crore, revenue up

The company's revenue rose 7.5 per cent YoY to Rs 42,279 crore, while on a sequential basis, revenue was up by 3.3 per cent, compared to Rs 40,925 crore in Q4 FY25. The company's total expenses rose slightly to Rs 33,581 crore in Q1, compared to Rs 32,452 crore in the previous quarter.

Jul 23, 2025

Apple makes record-breaking iPhones in India in H1 2025, hits highest exports too

India's smartphone market grows 7 pc to reach 39 million units in April-June

The growth was primarily fuelled by fresh launches concentrated in the second quarter, following a cautious Q1 where vendors held back due to elevated inventory levels, according to Canalys (now part of Omdia).

Jul 22, 2025

Zomato's parent firm Eternal clocks huge 90 pc drop in Q1 net profit, revenue up

On the profitability front, consolidated Adjusted EBITDA declined 42 per cent on-year to Rs 172 crore in Q1 FY26, "largely on account of the continuing investments in quick commerce and going-out", the company said in its shareholders' letter.

Jul 21, 2025

Need a Schengen Visa? Why Travel Insurance Isn't Just a Formality

Getting international travel insurance for your Schengen visa is more than just a formality, but a mandatory requirement.

Jul 19, 2025

India Inc to clock 7-8 pc growth in Q4 FY25 led by uptick in rural demand, govt spending

India Inc.'s growing cash pile: Caution or complacency in growth story?

India's corporate prudence was a necessary response to the shocks of the pandemic, financial crises, and geopolitical turmoil. However, the time for defense has passed.

Jul 17, 2025

India's Q1 passenger vehicle sales surge past one million mark for 2nd time in row

Export growth in this segment was driven by stable demand across most markets, with strong performance in the Middle East and Latin America. Revival in neighbouring markets like Sri Lanka and Nepal, rising demand from Japan, and growing exports under

Jul 15, 2025

RBI will deliver a final 25 bps rate cut in December: HSBC Global Research

"We forecast a pause in the August and October meetings. However, we believe the RBI will deliver a final 25bp rate cut in the December meeting, taking the repo rate to 5.25 per cent by end-2025," a HSBC Global Research report said.

Jul 15, 2025

Architect of Trust: How Ohm Hareesh Kundurthy Quietly Reinvented the Backbone of Modern Banking

An architecture is original when it offers clarity in the face of complexity, and business value in the face of hype Kundurthy says.

Jul 14, 2025

Ola Electric's net loss widens to Rs 428 crore in Q1 FY26, revenue drops 50 pc

The net loss widened by nearly 30 per cent (year-on-year) from Rs 347 crore net loss in Q1 FY25 for the company, according to its stock exchange filing.The e-scooter deliveries were also hit year-on-year, from 1,25,198 in Q1 FY25 to 68,192 in Q1 FY26.

Jul 14, 2025

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Companies

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

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

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

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

Reliance Infra, Power hit lower circuit; drop 10 pc after ED raids on Anil Ambani firms

Infosys' Q1 net profit dips 1.6 pc sequentially to Rs 6,924 crore, revenue up

India's smartphone market grows 7 pc to reach 39 million units in April-June

Zomato's parent firm Eternal clocks huge 90 pc drop in Q1 net profit, revenue up

Need a Schengen Visa? Why Travel Insurance Isn't Just a Formality

India Inc.'s growing cash pile: Caution or complacency in growth story?

India's Q1 passenger vehicle sales surge past one million mark for 2nd time in row

RBI will deliver a final 25 bps rate cut in December: HSBC Global Research

Architect of Trust: How Ohm Hareesh Kundurthy Quietly Reinvented the Backbone of Modern Banking

Ola Electric's net loss widens to Rs 428 crore in Q1 FY26, revenue drops 50 pc

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]