Himachal Minister Vows to Address PWD Payment Delays
Himachal Minister Vikramaditya Singh assures swift action on pending payments to PWD contractors and employees, citing financial constraints but promising resolution.
Category : Corporate News
Infosys Appoints Nitin Paranjpe as Non-Executive Vice Chairman
Infosys has appointed Hindustan Unilever Ltd's non-executive chairman Nitin Paranjpe as non-executive vice chairman of its board, effective immediately. He will support Chairman Nandan Nilekani.
Vodafone Idea AGR Dues Reduced by Rs 23,649 Crore
The Department of Telecommunications has slashed Vodafone Idea's AGR dues by Rs 23,649 crore, bringing the total to Rs 64,046 crore, providing significant relief to the telecom operator.
Invest India Facilitates $61 Billion in FY26: DPIIT
The Department for Promotion of Industry and Internal Trade (DPIIT) announced that Invest India facilitated $61 billion in investments during FY26, boosting India's economic growth and job creation.
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India to Ease FDI Rules for Firms with Up to 10% Chinese Stake
India will soon notify relaxed FDI norms under FEMA for foreign companies with up to 10% Chinese shareholding, aiming to boost investment inflows.
Samsung HBM Focus Drives Record Profit on AI Demand
Samsung reported record quarterly profit driven by AI demand for high-bandwidth memory chips. The company is shifting focus to HBM production to capitalize on the AI boom.
Bharat Vibhushan Samman 2026 at Punjab Vidhan Sabha
The Bharat Vibhushan Samman 2026 ceremony was held with grandeur at the Punjab Vidhan Sabha in Chandigarh, honoring distinguished personalities from various fields.
India to soon notify eased FDI norms for Chinese-linked firms
India will soon notify FEMA changes to ease FDI norms for foreign companies with up to 10% Chinese shareholding, allowing automatic route investment across sectors, except for entities from China or bordering nations.
Rupee Gains 4 Paise to Close at 94.84 Against USD
The Indian rupee strengthened by 4 paise to close at 94.84 against the US dollar on Thursday, supported by positive domestic equities and foreign fund inflows.
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Adani Enterprises Q3 PAT Rises 31% to Rs 9,339 Crore
Adani Enterprises reported a 31% YoY rise in PAT to Rs 9,339 crore for FY26 Q3, with total income reaching Rs 1,02,943 crore, driven by strong operational performance.
Shalimar Corp Setting Benchmarks in Urban Living
Shalimar Corp is revolutionizing modern urban living with innovative designs, sustainable practices, and community-focused developments that set new industry benchmarks.
Mphasis Q4 Net Profit Up 14% to Rs 509 Crore
Mphasis reported a 14% increase in Q4 net profit to Rs 509 crore, driven by strong operational performance and client wins.
Reliance Retail Acquires Priyanka Chopra's Brand Anomaly
Reliance Retail has acquired Priyanka Chopra Jonas's global haircare brand Anomaly, strengthening its presence in the beauty and personal care segment. Financial terms were undisclosed.
Mumbai-Pune Missing Link to Cut Travel Time, Boost Industry
CII highlights that the missing link between Mumbai and Pune will reduce travel time, improve logistics efficiency, and boost industrial growth in the region.
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India's FDI Inflows Likely to Cross $90 Billion in 2025-26
India's FDI inflows are expected to surpass $90 billion in 2025-26, exceeding $88 billion during April-February, driven by policy reforms and trade agreements.
Srinagar Jammu Vande Bharat Train: Timings, Route & Details
The new Vande Bharat train between Srinagar and Jammu will start in 2026. Check train number, timings, route, and other key details here.
Mackenzie Scott Donates $26B, Still Worth $43.8B
Mackenzie Scott has donated over $26 billion since 2019, yet her net worth remains $43.8 billion. In 2025, she gave $80 million to Howard University and $70 million to UNCF, among other large gifts.
LBSIM Records Strongest Placement Season, Highest CTC Rs 24 LPA
LBSIM's placement season saw the highest CTC of Rs 24 LPA, with top recruiters across sectors. Average package rose, marking the institute's strongest placement performance.
Vridhcare Leads Physiotherapy Drive for Elderly in Old Age Homes
Vridhcare and corporate partners launched a nationwide physiotherapy initiative for elderly in old age homes, providing free care and rehabilitation services.
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Adani Ports Q4 Net Profit Up 9% to Rs 3,308 Crore
Adani Ports and SEZ reported a 9% year-on-year increase in consolidated net profit for Q4 FY25, reaching Rs 3,308 crore, driven by higher cargo volumes and operational efficiency.
Maruti Suzuki Employees Volunteer 2,600+ Hours Under eParivartan
Over 1,100 Maruti Suzuki employees volunteered 2,600+ hours under eParivartan, impacting 8,700+ lives through health, education, and community activities.
Veteran Leader Steps In as Top Executive Leaves Boardroom
A major boardroom reshuffle sees a veteran leader assuming control after the departure of a top executive, signaling strategic shifts in corporate governance.
Carmakers Risk Trump Ire with $2.3B Tariff Refund Bets
Automakers including Ford, GM, Mercedes-Benz, and Stellantis book $2.3 billion in expected tariff refunds, boosting Q1 profits but risking backlash from Donald Trump.
Adani Ports Q4 Net Profit Up 9%; Annual Revenue Grows 25%
Adani Ports reported a 9% rise in Q4 net profit and 25% growth in annual revenue to Rs 38,736 crore, driven by strong cargo volumes and operational efficiency.
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Rising Jet Fuel Prices Pressure Indian Airlines: Explained
Indian airlines face mounting cost pressure as jet fuel prices surge, with FIA flagging pricing imbalances, operational hurdles, and tax burdens that may lead to fare hikes.
Deficient Monsoon May Push Inflation Higher by 0.4% in FY27
A deficient monsoon could push India's inflation higher, impacting CPI by 0.4% in FY27, according to an ICICI Bank report. Food prices may rise, affecting overall economy.
Missing Link to Reshape Mumbai-Pune Real Estate
The upcoming Missing Link on the Mumbai-Pune Expressway is expected to boost real estate in Karjat, Neral, and Lonavala by cutting travel time and easing congestion.
IPAC Founder Gets Bail in PMLA Case Day After Bengal Elections
The founder of IPAC was granted bail in a PMLA case just a day after West Bengal elections, sparking controversy. The Aam Aadmi Party questioned the timing, adding to the post-poll narrative.
CM Dr Yadav to Perform Bhoomi Pujan of Economic Corridor
Madhya Pradesh CM Dr Mohan Yadav will perform Bhoomi Pujan for Phase I of the Indore-Pithampur Economic Corridor on May 2, marking a major infrastructure boost for the region.
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RBI ECL Norms Unlikely to Disrupt NBFC Sector
A report suggests that the RBI's extended expected credit loss norms will not materially disrupt NBFCs, as the sector is largely compliant with the new regulations.
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