Category : Corporate News


Mehli Mistry resigns from Tata Trusts

In a significant corporate development, Mehli Mistry has resigned from Tata Trusts, expressing his dedication to RNT Associates. Read the exclusive details of his departure letter and what this means for Tata Group.

Berger Paints Q2 Profit Falls 25% Amid Competition

Berger Paints reports disappointing Q2 results with net profit falling 25% to ₹219 crore. Discover how monsoon disruptions and aggressive new competitors are reshaping India's paint industry landscape.

IndiGo Q2 Loss Widens to ₹2,582 Crore

India's largest airline IndiGo reports widened quarterly losses amid currency volatility and operational challenges. Discover how the weakening rupee impacted their financial performance.

Mackenzie Scott donates $640M after Amazon stock sale

Philanthropist Mackenzie Scott makes headlines with one of the largest charitable contributions of 2024, distributing $640 million to 361 Indian and international organizations following major Amazon stock reductions.

DoT Approves AGR Waiver for Vodafone Idea & Airtel

In a significant boost for struggling telecom operators, the Department of Telecommunications grants AGR waiver relief to Vodafone Idea and Bharti Airtel, potentially reshaping India's telecom landscape.

SC Clarifies AGR Dues: Vodafone Idea Gets Relief

In a significant development for India's telecom sector, the Supreme Court has provided crucial clarification on AGR dues calculation, offering much-needed relief to Vodafone Idea and reshaping the industry's financial landscape.

India corporate deals hit $44.3B, 6-quarter high: PwC

India's M&A and private equity landscape shows explosive growth with corporate deals reaching $44.3 billion in Q3 CY25, marking the highest volume in six quarters according to PwC analysis. Traditional sectors lead while technology maintains strong moment

Mehul Choksi Fights Extradition in Belgium Supreme Court

Diamantaire Mehul Choksi, key accused in ₹13,000 crore PNB fraud case, challenges extradition order in Belgium's Supreme Court. Latest development in ongoing legal saga involving Interpol notices and citizenship disputes.

ED attaches ₹7,500 crore assets in Anil Ambani case

In a major financial crackdown, the Enforcement Directorate has attached assets valued at more than ₹7,500 crore belonging to industrialist Anil Ambani in connection with a high-stakes money laundering investigation, marking one of the largest such action

Airtel Q2 Profit Doubles to ₹8,651 Crore

Bharti Airtel reports blockbuster Q2 results with profit more than doubling to ₹8,651 crore as ARPU climbs to ₹256, beating Reliance Jio in the premium user segment. Read full analysis of India's telecom battle.

IndiGo Q2 Results: Aviation Giant's Earnings Preview

As IndiGo prepares to announce Q2 earnings, analysts watch closely to see if the airline can maintain profitability amid rising costs and competitive pressures. Will India's largest carrier continue to soar?

IndiGo Q2 Profit Soars to ₹1,943 Crore

InterGlobe Aviation's IndiGo reports staggering 95% revenue growth and returns to profitability with impressive Q2 results, signaling strong recovery in Indian aviation sector.

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