IndiGo's Cash Reserve Strategy Amid Record Profits
IndiGo reports record profits but signals caution with massive cash reserves. Discover why India's aviation giant is preparing for potential headwinds despite strong quarterly performance.
Category : Corporate News
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.
IndiGo's Q2 Nightmare: ₹2,582 Crore Loss
India's largest carrier IndiGo reports massive quarterly loss as foreign exchange turbulence and rising costs ground profitability. Detailed analysis inside.
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Adani Q2 Profit Soars 84% Despite Coal Business Challenges
Adani Enterprises reports impressive 84% profit jump in Q2 FY24, though core earnings face pressure from coal business slowdown. Get complete breakdown of financial results.
IndiGo Posts ₹2,582 Crore Q2 Loss on Forex Woes
IndiGo reports massive ₹2,582 crore Q2 loss due to foreign exchange impacts, while revenue climbs 9% year-over-year. Discover how cost pressures are challenging India's largest airline.
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.
Hinduja Group Chairman Gopichand P. Hinduja dies at 85
Gopichand P. Hinduja, co-chairman of the $50 billion Hinduja Group, dies in London at 85. Remembered as a visionary leader who transformed the family business into a global conglomerate.
Globe Civil Projects Gets Credit Rating Boost from ICRA
ICRA upgrades Globe Civil Projects Limited to [ICRA]A- with stable outlook, signaling strong financial health and growth potential in infrastructure sector.
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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.
Titan Q2: Jewellery Sales Jump 20%, Revenue Up 9%
Tata-owned Titan Company reports stellar Q2 results with 20% jewellery growth and 9% revenue increase, signaling strong consumer confidence ahead of Diwali season.
SpiceJet Appoints Sanjay Kumar as Executive Director from Nov 2025
In a major leadership overhaul, SpiceJet announces Sanjay Kumar's promotion to Executive Director effective November 2025, signaling strategic changes for the airline's future growth and operational excellence.
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.
Palantir CEO: We're First Anti-Woke Company
Defence tech giant Palantir's CEO makes bold anti-woke declaration, advocating for merit-based systems over identity politics in corporate America. Exclusive analysis.
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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
ED attaches 132-acre Navi Mumbai land in Ambani probe
Enforcement Directorate seizes prime 132-acre Navi Mumbai property valued at crores connected to Dhirubhai Ambani Knowledge City in money laundering investigation. Latest development in financial probe.
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
Supreme Court: Centre Can Reconsider Vodafone Idea AGR Dues
In a significant development, the Supreme Court has ruled that the government can reconsider Vodafone Idea's pending AGR dues, offering a potential lifeline to the struggling telecom giant.
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ED probes Reliance Infra, RCOM in ₹2,000 Cr forex case
Enforcement Directorate escalates money laundering investigation against Anil Ambani's Reliance Infrastructure and Reliance Communications over suspected FEMA violations involving foreign assets and land deals.
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.
Ratan Tata's Sisters Break Silence on Family Feud
Exclusive: Shireen and Deanna Jejeebhoy, sisters of industrialist Ratan Tata, speak out about family disputes and their perspective on the ongoing Tata conflicts in a rare interview.
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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Ample's Together We Win Gala Celebrates Partnerships
Ample's spectacular corporate event honored partners and employees, showcasing how collaboration drives innovation and market leadership in India's competitive landscape.
Vodafone Idea Gets SC Relief in ₹20,000 Cr Tax Case
Supreme Court grants Vodafone Idea crucial relief in ₹20,000 crore transfer pricing case, offering hope for the struggling telecom giant's financial recovery.
Airtel Q2 Profit Jumps 89%, Adds 2.6M Premium Users
Bharti Airtel delivers stellar Q2 results with massive profit surge and robust subscriber growth, outpacing Reliance Jio in key metrics. Discover how their 5G strategy is paying off.
Imperial & Emeritus Launch M&A Programme for Indian Leaders
Imperial Executive Education partners with Emeritus to deliver cutting-edge Mergers & Acquisitions programme, empowering Indian executives with strategic deal-making capabilities for corporate growth.
Supreme Court allows Vodafone Idea AGR dues reassessment
In a landmark decision, Supreme Court permits DoT to recalculate Vodafone Idea's AGR dues, offering crucial financial breathing space to the struggling telecom giant.
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India sees 999 deals worth $4.43bn in Q3: PwC
India's deal landscape witnessed remarkable momentum with 999 transactions valued at $4.43 billion during September quarter 2024, driven by private equity and strategic investments across key sectors.
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