ITC Q4 net profit up 5% to Rs 5,113 crore, revenue rises 17%
ITC Ltd reported a 5% YoY rise in Q4 standalone net profit to Rs 5,113.3 crore, with revenue up 17.3% despite higher GST, excise duties, and West Asia conflict impacts.
Category : Business
CBDT Finds 310 Fake Farm Income Claims Worth Rs 2,038 Crore
The CBDT has identified over 300 cases where individuals claimed income tax exemption on agricultural income without owning land, totalling Rs 2,038 crore in tax foregone. Investigations revealed misuse through capital gains disguised as farm income and b
FBI Releases Video of Fraud Suspect Fleeing After Balcony Jump
A man jumped from a fourth-floor balcony to evade FBI arrest for a $90 million fraud scheme in Minnesota. The FBI released footage and seeks public help to capture Mohammed Omar.
NMRDA, ICAI Join Hands for Single Window System in Nagpur
NMRDA signs MoU with ICAI to develop a single window clearance system for the 11,300-crore New Nagpur Business District, enhancing ease of doing business and digital governance.
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Oil firms push premium petrol on dealers in Nagpur
Petroleum dealers in Nagpur allege oil companies are forcing them to buy costly premium petrol, causing delays in regular fuel supply. Consumers prefer regular petrol due to high prices.
SIMA Delegation Meets TN CM on Textile Power Issues
A SIMA delegation met Tamil Nadu CM Joseph Vijay to address electricity issues in the textile sector, urging policy support and resolution of power cost concerns.
UP Minister Directs Accelerated Yamuna Expressway Projects
UP minister Nand Gopal Gupta Nandi ordered faster infrastructure projects on Yamuna expressway, citing Noida airport as a future cargo hub. Officials to improve roads, adopt corporate culture, and simplify NOCs.
PAU's PABI Wins Best Incubator Award at Startup Samagam 4.0
Punjab Agricultural University's Punjab Agri Business Incubator received the Best Incubator Award at Startup Samagam 4.0, recognizing its role in fostering agri-startups and sustainable agribusiness solutions.
Delhi Reopens Ration Card Applications After 13 Years
Delhi government resumes new ration card applications after 13 years, allowing families to apply online for subsidized food grains under NFSA.
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Lucknow-Sitapur Highway Widening Alignment Finalised
The alignment for widening the Lucknow-Sitapur National Highway to six lanes has been finalised. With a budget of Rs 1,000 crore, the tender may be floated by December 31. The 60-km stretch will include flyovers and underpasses.
Chandigarh Police Book Immigration Firms for ₹1 Crore Fraud
Chandigarh police have registered seven FIRs against immigration firms for allegedly duping job aspirants of around ₹1 crore in visa fraud cases.
Hyderabad Police Bust Fake Cotton Seeds Racket, Arrest Four
Hyderabad police busted an interstate fake cotton seeds racket, arresting four individuals and seizing 600 kg of spurious seeds, two vehicles, and mobile phones.
Bezos: For-profit firms do more good than charity; Musk agrees
In a CNBC interview, Jeff Bezos argued that his businesses create more societal value than his philanthropy. Elon Musk endorsed the view, sparking debate online.
Diesel Shortage Cripples Saurashtra and Kutch Regions
A severe diesel shortage in Gujarat's Saurashtra and Kutch regions has disrupted transportation, farming, and port cargo movement, with long queues at fuel stations and protests by farmers.
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Rajkot Division Reconstructs Bridge 311 with Modern RCC Box
Western Railway's Rajkot division successfully replaced old Bridge 311 with a modern RCC twin box structure, enhancing water discharge and safety. The project was completed in seven hours.
Heera Gold scam accused Nowhera Shaik arrested by ED
Nowhera Shaik, prime accused in the Heera Gold fraud, was arrested by ED from a Gurugram Airbnb using a fake identity. She was hiding after Supreme Court cancelled bail.
CBI Files 10,000-Page Chargesheet in Rs 593 Crore Fraud
The CBI filed a 10,000-page chargesheet in a Rs 593 crore fraud case involving IDFC First Bank and AU Small Finance Bank. The chargesheet names 15 accused, including bank officials, government employees, and private individuals.
Surat Jeweller Cheated of Rs 23 Lakh in Fake Gold Scam
A Surat jeweller was duped of Rs 23 lakh after fraudsters swapped 30 gold rings for counterfeit gold bars. Police have booked two suspects and launched an investigation.
Noida Gang Used Food Stalls to Steal Vehicles
An inter-state vehicle theft gang in Noida used food stalls as cover to identify targets. Fifteen stolen bikes and scooters were recovered from four arrested men. The mastermind is absconding.
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Surat Textile Traders Adopt Carpooling to Save Fuel and Ease Traffic
Surat textile traders, led by FOSTTA, adopt carpooling and shared transport to save fuel and reduce traffic congestion, urging traders to coordinate via WhatsApp groups.
Dr. Agarwal’s Health Care PAT Up 52% in FY26
Dr. Agarwal’s Health Care reported a 52% rise in PAT to Rs 168 crore in FY26, with total income up 21% to Rs 2,125 crore. The chain added 57 new facilities and entered 26 cities.
Massive Fire at Plastic Bag Factory in Pithampur, Indore
A major fire broke out at a plastic bag manufacturing factory in Pithampur, Indore, on Thursday. Over 100 workers evacuated safely. Six fire tenders deployed.
Lucknow: North India's Fastest Growing Financial Hub
Lucknow has seen 75% economic growth from FY21 to FY26, becoming India's 12th largest urban economy with an estimated value of Rs 2.29 lakh crore, driven by urbanization and financial awareness.
New slip road, lane widening on Delhi-Gurgaon Expressway to ease congestion
A new slip road and lane widening project on Delhi-Gurgaon Expressway aims to reduce congestion at Shankar Chowk and Cyber City, improving access to the elevated U-turn and easing traffic flow.
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Yogi Directs Rs 7 Lakh Crore Investments Reach Every District
Uttar Pradesh CM Yogi Adityanath ordered that investments worth over Rs 7 lakh crore under GBC 5.0 be distributed across all districts, emphasizing manufacturing, FDI, and investor support.
Gurgaon Cabs, Autos Unaffected by AIMTC Strike
Gurgaon commuters faced no disruption as cabs and autorickshaws operated normally despite a three-day strike by AIMTC over environmental compensation charge in Delhi-NCR.
Fire at Gurgaon Substation Causes 9-Hour Power Outage
A fire at a Sector 9 substation in Gurgaon led to a nine-hour power outage affecting 1,500 families in three societies. Parina Laxmi Apartment suffered the most due to lack of backup.
Noida Authority to Build Diamond Interchange on Bhangel Road
Noida Authority will develop a diamond-shaped interchange on the Bhangel Elevated Road, connecting it to Vishwakarma Road, at a cost of Rs 66 crore. The project aims to improve connectivity and reduce congestion for commuters.
L&T's Industrial Training Institute in Vadnagar Starts Full Ops
L&T's ICSTI in Vadnagar commences full-scale operations, deploying first batches of trainees on major infrastructure projects across India after short-term courses.
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MCD to Set Up CT, MRI Facilities at Three Hospitals via PPP
Municipal Corporation of Delhi plans to install advanced CT and MRI machines at three major hospitals via PPP model, offering affordable diagnostics at CGHS-linked rates to reduce financial burden on patients.
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