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.
Category : Corporate News
Jayen Mehta Elected Chairman of SPCDF Dairy Federation
Jayen Mehta, MD of Amul, unanimously elected chairman of Sardar Patel Cooperative Dairy Federation. Sangram Chaudhary named vice-chairman. Five-year term begins May 5, 2026.
Urban Company's InstaHelp Push Widens Losses to Rs 161 Cr
Urban Company's aggressive push into instant domestic services through InstaHelp led to a consolidated loss of Rs 161 crore in Q4, as it ramps up spending to compete with rivals Pronto and Snabbit.
Swiggy FY26 Loss Widens to Rs 4,154 Cr; Food Delivery Strong
Swiggy's annual loss widened to Rs 4,154 crore in FY26, but food delivery posted fastest growth in nearly four years. The company signals a cautious approach in quick commerce amid intense competition.
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1 in 4 Casual Workers in India Paid Below Minimum Wage
An SBI report reveals that 25% of casual workers in India earn less than the minimum wage, with Chhattisgarh, Odisha, and Jharkhand worst affected.
SME Platforms, Bonds, REITs Key for Jobs: Fin Min Director
Finance Ministry Director Kajle emphasizes that expanding SME platforms, bond markets, REITs, and InvITs is crucial for fostering entrepreneurship and creating jobs in India.
Mid-Cap Firms Outperform Q4; Nifty EPS Stable: Motilal Oswal
Mid-cap companies outperformed estimates in Q4 earnings season, while Nifty EPS estimates remain stable, according to Motilal Oswal.
MS Dhoni Highest Taxpayer in Bihar and Jharkhand FY25-26
Former Indian cricket captain MS Dhoni has been declared the highest taxpayer in Bihar and Jharkhand for the fiscal year 2025-26, contributing significantly to the region's revenue.
Air India Defers Annual Increments Amid Cost Pressure, No Layoffs
Air India defers annual increments for employees as part of cost-cutting measures, but CEO Campbell Wilson assures no layoffs despite financial challenges.
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Swiggy's Q4 Loss Narrows to Rs 800 Crore
Swiggy reported a consolidated net loss of Rs 800 crore for Q4FY24, narrowing from Rs 1,028 crore a year ago. Revenue from operations rose 35% to Rs 3,222 crore.
NIPER Raebareli, Lofty Labs Join for Pharma Research
NIPER Raebareli and Lofty Laboratories sign MoU to advance pharmaceutical research, drug development, and technology commercialization, boosting innovation.
CEO Gives $240 Million to Employees After Company Sale
Graham Walker, former CEO of Fibrebond, gave 15% of the $1.7 billion sale to employees, with average payouts of $443,000 each, sparking joy and life changes.
Indian Markets Fall as US-Iran Tensions Hit Sentiment
Indian equity markets ended lower on Friday amid renewed US-Iran military actions near the Strait of Hormuz. Sensex fell 516 points to 77,328, while Nifty declined 150 points to 24,176.
Immuno-Transplant Summit at Manipal Hospital Yelahanka
Manipal Hospital Yelahanka hosted a landmark Immuno-Transplant Summit in Bengaluru, integrating immunology and transplant medicine on a unified platform.
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Orris Group Hosts Hanuman Mandir Pran Pratishtha
Orris Group organized a grand Shri Hanuman Mandir Pran Pratishtha ceremony in Gurugram, marking a significant spiritual event for the community with traditional rituals and gatherings.
Large Office Deals Lead India's Commercial Real Estate Q1 2026
Large office transactions accounted for 65% of India's commercial real estate market in Q1 2026, driven by demand from tech and financial firms, according to Knight Frank.
Google Exploring AI Infrastructure, Server, Drone Manufacturing in India
Union Minister Ashwini Vaishnaw announces Google's interest in investing in AI infrastructure, server manufacturing, and drone production in India, boosting the country's tech ecosystem.
NDA vs CDS vs AFCAT 2026: Books, Eligibility, Age Limit
Compare NDA, CDS, and AFCAT 2026 exams: eligibility, age limits, exam patterns, and best books to prepare for a career in the Indian Armed Forces.
AI Demand Drives TSMC April Revenue Up 17.5%
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 17.5% increase in April revenue, driven by strong demand for artificial intelligence chips.
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MOPNG Workshop with Oil PSU Heads to Boost R&D
The Ministry of Petroleum and Natural Gas organized a workshop with heads of oil PSUs to strengthen research and development capabilities in the oil and gas sector, focusing on innovation and self-reliance.
KPIT Co-Founder Ravi Pandit Dies at 68
Ravi Pandit, co-founder and chairman of KPIT Technologies, passed away at 68. He was a pioneer in the IT sector and a philanthropist.
Airtel Africa FY26 Profit Surges to $813M, Revenue Up 29.5%
Airtel Africa reports FY26 net profit of $813 million, revenue up 29.5% driven by strong growth in data and mobile money services across its African operations.
India Urban Youth Unemployment Below Global Average: SBI
India's urban youth unemployment declined to 8.5% in 2023-24, remaining below the global average of 13%, according to SBI Research. The report highlights improvements in labor market conditions.
KPIT Co-Founder Ravi Pandit Passes Away at 75
Ravi Pandit, co-founder and chairman of KPIT Technologies, passed away at 75. He was a visionary leader who transformed the company into a global tech firm.
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Odisha CM Hails Investors Meet in Gujarat, Unlocks Rs 48,330 Cr
Odisha CM highlights Rs 48,330 crore investment potential and over 67,838 job opportunities from the state investors meet in Gujarat, boosting economic growth.
Sonata Software Q4 PAT Rises 25% QoQ, Dividend of Rs 4.15
Sonata Software reported a 25% QoQ and 21.4% YoY rise in consolidated PAT for Q4 FY26. The board recommended a final dividend of Rs 4.15 per share.
Howard Marks Joins Nikhil Kamath on 'People by WTF'
Howard Marks, co-founder of Oaktree Capital, discusses investment cycles, AI, and staying relevant at 80 with Nikhil Kamath on 'People by WTF'. The conversation explores contrarian investing, market psychology, and the future of finance.
Infosys Seeks US Court Enforcement of $5M Award
Infosys has petitioned a US court to confirm a $5 million arbitration award against 777 Partners for unpaid consulting dues, plus fees.
Biocon Q4 Net Profit Falls 56.8% to Rs 198.6 Crore
Biocon reported a 56.8% decline in Q4 net profit to Rs 198.6 crore, impacted by higher expenses and a challenging business environment.
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Swasthya Sathi patients denied admission in Kolkata hospitals
Private hospitals in Kolkata are refusing admission to Swasthya Sathi patients amid uncertainty over the scheme's future after the change in state government.
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