Hyundai India Q3 Results Disappoint Street
Hyundai Motor India's December quarter results showed flat EBITDA margins at 11.2% and lackluster domestic sales, while rival Maruti Suzuki surged ahead. Exports provided some relief with 21% growth.
Category : Corporate News
NMDC Q3 Profit Drops 8% to ₹1,747 Crore, Declares Dividend
NMDC reported Q3 FY26 consolidated net profit of ₹1,747 crore, down 8% year-on-year due to higher operating expenses. Revenue increased 16% to ₹7,610 crore. Interim dividend of ₹2.50 per share declared.
EIL in Talks to Build Guyana's First Oil Refinery
Engineers India Ltd is negotiating with Guyana's government for a project management role in building the country's first oil refinery. This strategic move aims to secure preferential oil rates for India while enhancing bilateral energy cooperation.
Budget Dialogues 2026: Experts on Viksit Bharat Vision
The Times of India Budget Dialogues 2026 in New Delhi brought together policymakers and industry leaders to analyze the Union Budget's roadmap for infrastructure, manufacturing, jobs, and digital growth toward Viksit Bharat 2047.
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Aditya Birla Lifestyle Q3 Profit Up 14.4% to ₹69 Crore
Aditya Birla Lifestyle Brands reports strong Q3 FY26 results with net profit rising 14.4% to ₹69 crore and revenue growing 9.5% to ₹2,343 crore, driven by multi-channel performance.
Haryana Employees Intensify Campaign for Feb 12 Strike
Haryana government employee unions escalate agitation demanding OPS restoration, regularization of contractual staff, and filling vacancies. Over 4.35 lakh employees to join nationwide strike on February 12.
Oracle Defends OpenAI Deal as Layoffs Loom
Oracle publicly reaffirms its partnership with OpenAI despite reports of potential 30,000 job cuts to fund AI infrastructure. The company's statement triggered a stock drop as investors worry about its massive debt and AI bets.
Kerala Forum Orders Byju's to Refund Rs 8.5 Lakh and Pay Compensation
The Thiruvananthapuram consumer commission held Byju's liable for service deficiency and unfair trade practices, directing a refund of Rs 8.5 lakh and Rs 1 lakh compensation in a case involving online course cancellation and alleged bank fraud.
Indian Firms Redefine Vision as Operational System, Not Just Statement
Indian organizations are redefining vision as an operational system that guides employees through rapid change. Companies like Axis AMC and ZebPay embed vision into daily work using frameworks and AI personalization to boost engagement and adaptability.
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Air India Inspects Boeing 787 Fuel Control Switches
Air India has initiated comprehensive inspections of fuel control switches across its Boeing 787 Dreamliner fleet following a reported malfunction on a London-Bengaluru flight. The airline's engineering team is working with Boeing to prioritize safety eva
Ventive Hospitality Q3 Revenue and Profit Soar
Ventive Hospitality has announced impressive Q3 results, with revenue and profit showing significant growth. The company attributes this success to strategic expansions and operational efficiencies.
Budget Removes Courier Export Cap to Boost E-commerce Exports
The Union Budget has proposed removing the Rs 10 lakh per consignment cap on courier exports, enabling startups and SMEs to expand globally with higher-value D2C shipments and faster clearances.
Budget MSME Steps: Kolkata Experts See Gains, Want More
Kolkata experts welcome Union Budget's MSME measures like Rs 10,000 crore SME Growth Fund and Corporate Mitras initiative, but stress effective rollout and more support needed for Bengal's 90-lakh MSMEs.
Zensar Eyes $400M Stake in Mastek, Potential Merger Ahead
IT firm Zensar Technologies is negotiating to buy an 18-20% stake from Mastek promoters in a deal worth $200-400 million, potentially paving the way for a merger to create a $1 billion revenue entity.
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MCX Gold Price Rises Above ₹1.48 Lakh, Silver Up 6%
Gold and silver prices on MCX opened sharply higher today, with gold rising above ₹1.48 lakh per 10 grams and silver jumping 6%. International bullion markets also rallied amid US government shutdown.
Gold, Silver Prices Rebound Sharply on Feb 3, 2026
Gold and silver prices staged a strong rebound on February 3, 2026, driven by US government shutdown, Federal Reserve leadership cues, and global uncertainty. Check live updates for Chennai, Hyderabad, Bangalore, Mumbai, Delhi.
Silver Hits 6% Upper Circuit After 46% Crash: Trade Deal Impact
MCX Silver prices rebounded sharply, hitting a 6% upper circuit at ₹2,50,436/kg after a 46% crash from peak levels. Gold also rose 3% to ₹1,48,310/10g as India-US trade deal adds market volatility.
Zensar Close to Acquiring Mastek in $900M Deal
Zensar Technologies is reportedly finalizing an $850-900 million stock-and-cash acquisition of Mastek, creating a $1.3 billion IT services powerhouse amid industry consolidation driven by AI transformation.
Private Finance Key for India's Infrastructure Growth: Ministry
Expenditure Secretary Vumlunmang Vualnam emphasizes the need for private sector participation in infrastructure projects across all sectors, while addressing concerns about the 16th Finance Commission's recommendations.
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Latent View Q3 Revenue Up 22%, Profit Rises 18.6%
Chennai-based Latent View Analytics reports robust Q3 performance with revenue reaching ₹278 crore, up 22% YoY, driven by financial services and technology segments. Profit after tax grows 18.6% to ₹50 crore.
PE-VC Investments Drop 62.5% to $1.5B in Jan 2026
India's private equity-venture capital sector saw investments fall sharply to $1.5 billion in January 2026, a 62.5% decline from $4 billion in the same month last year, with 104 deals recorded.
IndiGo Hires Nik Laming to Head Loyalty Programme
IndiGo appoints Singapore-based loyalty expert Nik Laming to lead its BluChip frequent-flyer programme, aiming to attract high-value international travellers as it transitions from a low-cost carrier to a full-service airline.
SpaceX Buys xAI in Record $250B Deal Before Mega IPO
Elon Musk's SpaceX acquires artificial intelligence startup xAI in a landmark $250 billion deal, creating a combined entity valued at $1 trillion ahead of a massive $1.5 trillion IPO.
SCCL CMD Vacancy Stalls Telangana's Green Energy Projects
Singareni Collieries Company Limited (SCCL), India's major coal producer, operates without a full-time CMD for 1.5 months, delaying green energy initiatives and critical mineral exploration in Telangana.
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Bengaluru Unions Vow Fight After SC Minimum Wage Plea Dismissal
Workers' unions in Bengaluru, including the Domestic Workers Rights Union, have vowed to continue their fight for minimum wage after the Supreme Court dismissed their petition. The unions issued a joint statement reaffirming their commitment to labor righ
Kerala CM Demands Probe Into Businessman's Death During IT Raid
Kerala Chief Minister Pinarayi Vijayan has written to Union Finance Minister Nirmala Sitharaman demanding a judicial inquiry into the death of Confident Group chairman CJ Roy during an income tax search operation in Bengaluru.
Punjab MSMEs: Budget Focuses on Long-Term Growth, Not Populism
Industry leaders in Punjab react to Union Budget 2026-27, highlighting its balanced approach favoring fiscal discipline and structural reforms over short-term relief for MSMEs.
Budget's TReDS Push to Aid MSMEs in Ludhiana
Union Budget proposals to strengthen TReDS have raised hopes among Ludhiana's industry leaders that payment delays faced by MSMEs may finally be addressed through faster invoice settlement.
Turkish CEO Charged with $7M Fraud and Visa Scam
Gokce Guven, founder of fintech startup Kalder Inc., faces charges for defrauding investors of $7 million and using false documents to obtain an O-1A 'extraordinary ability' visa in the US.
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Railways Projects Rs 87,300 Crore Passenger Revenue in 2026-27
Indian Railways estimates passenger earnings at Rs 87,300 crore for 2026-27, a 9% increase over current RE, while freight revenue targets Rs 1.88 lakh crore. Minister Ashwini Vaishnaw highlights growth despite shortfalls.
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