Niva Bupa Q4 Net Profit Surges 89.3% to Rs 157.8 Crore
Niva Bupa Health Insurance reported an 89.3% rise in Q4FY26 net profit to Rs 157.8 crore, driven by lower costs, higher investment income, and strong retail health premium growth.
Category : Corporate News
Tata Trusts Postpone Board Meetings to May 16
Sir Ratan Tata Trust and Sir Dorabji Tata Trust have postponed board meetings to May 16 after Bombay HC clearance. Key agenda includes nominee directors for Tata Sons and public listing dispute.
India Market Underperformance Due to AI Gap: Report
A Motilal Oswal report attributes India's market underperformance to a lack of AI exposure rather than domestic economic weakness, highlighting sectoral shifts.
Stricter Norms for Timely Payments to Contract Workers
India enforces stricter norms under the Occupational Safety Code 2020, mandating principal employers to ensure timely wages to contract workers, with blacklisting for delays.
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India's Defence Transformation: Imports to Self-Reliance
India accelerates defence self-reliance with policy reforms, rising budgets, and domestic production. The shift aims to reduce import dependence and boost exports.
Why Dunkin’ Failed in India: A 15-Year Struggle Ends
Dunkin’ exits India after 15 years, failing due to cultural mismatch, poor location strategy, and brand confusion. The story of a global giant that couldn't crack the Indian market.
SCCL Recruits 13 Women as Earthmover Operators in Mines
Singareni Collieries recruits 13 women as earthmover operators in opencast mines for the first time, after training at Telangana Institute of Driving Education and Skills.
Avalon Technologies Targets Revenue Doubling in 3 Years
Avalon Technologies plans to double revenue in three years, driven by strong demand and new markets. FY26 revenue rose 46% to Rs 1,603 crore, with PAT up 78%.
KPIT Co-Founder Ravi Pandit Dies at 75
Ravi Pandit, co-founder and chairman of KPIT Technologies, passed away at 75 after a brief illness. He was a visionary in technology, mobility, and sustainability, and a noted philanthropist.
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Met Gala Protest Targets Jeff Bezos Over Amazon Labor Claims
A protest outside the Met Gala linked to Jeff Bezos highlights Amazon labor allegations. Bottles symbolizing worker conditions spark mixed reactions online.
Jan Suraksha Schemes: 11 Years of Social Security
Jan Suraksha schemes, including PMJJBY and PMSBY, have completed 11 years of providing affordable social security cover to millions of Indians.
India Fully Operationalises Four New Labour Codes
The Indian government has fully operationalised four new labour codes by publishing the rules, marking a significant reform in the country's labour laws. The codes aim to simplify and modernize regulations.
Goyal Meets LVMH, L'Oreal to Boost India Manufacturing, Exports
Union Minister Piyush Goyal held meetings with LVMH and L'Oreal to discuss expanding manufacturing, exports, and investment in India, focusing on local talent and cultural promotion.
ABB India Q1 CY2026 Growth Driven by Robust Demand
ABB India posted a solid start to CY2026 with strong demand in the January-March quarter, driven by industrial automation and electrification segments.
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Air India Rules Out Layoffs, Defers Annual Increments
Air India assures no layoffs despite massive losses, but defers annual increments by a quarter to cut costs amid economic uncertainty and multiple crises.
India-EU Partnership Gains New Momentum: Sitharaman
Finance Minister Nirmala Sitharaman said the India-EU strategic partnership has gained decisive new momentum, highlighting trade, technology, and green cooperation.
Markets Priced in Lower GDP Growth, Higher Inflation: SEBI
A SEBI analyst states that markets have already factored in lower GDP growth and higher inflation projections due to the oil shock, suggesting limited further downside.
NERC Warns Data Centers Risk Power Grid Reliability
NERC warns that rapidly growing data centers and large power users pose unprecedented risks to the North American power grid, issuing a Level 3 alert and new voluntary guidelines.
ED raids Punjab minister Sanjeev Arora in money laundering case
The Enforcement Directorate conducted fresh raids against Punjab minister Sanjeev Arora and linked entities under PMLA, covering five locations including his official residence.
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Chhattisgarh, Odisha, Jharkhand Top Minimum Wage Gap: SBI
A recent SBI report reveals that Chhattisgarh, Odisha, and Jharkhand have the widest disparity between minimum wages and living costs in India, highlighting economic challenges.
Zepto Gets Sebi Nod for $1 Billion IPO, Listing by July
Zepto's $1 billion IPO gets Sebi approval, targeting a Dalal Street listing by July. The quick commerce startup will join rivals Blinkit and Swiggy Instamart amid volatile markets.
Banks urge revision of affordable housing limits due to inflation
Banks have asked the government to update affordable housing definitions, citing inflation and rising property costs. SBI and HDFC Bank chairmen recommend indexing limits to real estate prices and raising tax deductions.
Nashik TCS Case: Nida Khan Arrested and Remanded
Nida Khan has been arrested in connection with the Nashik TCS case and remanded to police custody. The case involves alleged irregularities at a Tata Consultancy Services facility.
Haryana Bank Scams: Explainer on Recent Financial Fraud Cases
Recent bank scams in Haryana have shaken the state's financial sector. This explainer details the major fraud cases, modus operandi, and impact on depositors.
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India weighs fuel price hike as crude averages $105.4 in May
Crude oil averaging $105.4/barrel in May pressures Indian fuel prices. Government's excise duty cut costs Rs 14,000 crore monthly. Experts suggest gradual price increase to manage transition.
Indian-American businessman to lose US citizenship over fraud
Debashis Ghosh, a 62-year-old Indian-American, faces denaturalization after committing wire fraud before and after becoming a US citizen in 2012.
UP Excise Dept Relaxes Norms for Liquor Sales in Hypermarts
The Uttar Pradesh excise department has relaxed conditions for stocking alcoholic beverages in hypermarts within malls, removing the mandatory 500 sq ft space requirement to boost revenue.
Aircraft Leasing at GIFT City to Double in 2 Years: Minister
Union Civil Aviation Minister Rammohan Naidu Kinjarapu said aircraft leasing through GIFT City is projected to double in two years, positioning India as a major aviation financing hub.
Goa Cabinet Allocates 1 Lakh Tonne Iron Ore to Sesa Resources
Goa cabinet allocates additional 1 lakh tonne iron ore to Sesa Resources for export. Bombay HC dismisses PIL against mining dump policy, upholding fair mechanism.
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Biocon Q4 Net Profit Up 5% to Rs 126 Crore, Dividend Recommended
Biocon reported a 5% rise in Q4 net profit to Rs 126 crore. The board recommended a final dividend of Re 0.50 per share for FY2026.
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