Blue Dart Q3 FY26 Revenue at Rs 1,616 Crore
Blue Dart Express Ltd announced its Q3 FY26 financial results, reporting sales of Rs 1,616 crore. The logistics giant's performance reflects India's growing e-commerce and express delivery sector.
Category : Corporate News
Adani US Fraud Case Stalemate Broken, Legal Battle Begins
The US securities fraud case against Gautam Adani and his nephew Sagar Adani has moved from diplomatic impasse to courtroom after both sides agreed to legal procedures, potentially starting a lengthy legal battle over bribery allegations.
Viram Suvarn Rights Issue Opens January 23, 2026
Viram Suvarn Limited has officially announced the opening of its rights issue on January 23, 2026, offering existing shareholders the opportunity to purchase additional shares at a predetermined price.
Confident Group Chairman CJ Roy Dies in Bengaluru Office During IT Raids
Confident Group Chairman CJ Roy was found dead from an alleged self-inflicted gunshot wound at his Bengaluru office during Income Tax department searches, sparking political and family outcry.
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Adani to Respond to US SEC Fraud Notice in 90 Days
Gautam Adani has agreed to receive a legal notice from the US SEC in a civil fraud case and will file his response within 90 days, with a joint application submitted for court approval.
Stonestry Gets 2026 Great Place to Work Certification
Stonestry has been awarded the 2026 Great Place to Work certification, recognized for fostering a high-trust, high-performance workplace culture that enhances employee engagement and productivity.
CJ Roy Suicide: Family Blames Kerala I-T Officials
Confident Group owner CJ Roy's suicide in Bengaluru sparks controversy as family alleges harassment by Kerala income tax officials. Investigation ongoing.
Adani Counsel Files SEC Application, Accepts Service for Gautam & Sagar
The legal counsel for Gautam and Sagar Adani has filed an application before the US SEC, agreeing to accept service of process on their behalf, marking a significant development in the ongoing regulatory scrutiny of the Adani Group.
UltraTech's Rs 2,000 Cr Capex for India Cements Growth
UltraTech Cement announces Rs 2,000 crore capital expenditure for India Cements over two years to boost capacity, enhance efficiency, and increase green power usage to 80% by FY29.
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Intellect Design Arena Q3 PAT Drops 71%
Chennai-based Intellect Design Arena reports 71% decline in Q3 profit after tax to Rs 28 crore, impacted by Rs 31 crore exceptional item for new labour codes. Total income rises 21% to Rs 753 crore.
Exide Q3 Profit Up 5.3% to Rs 258 Crore on GST 2.0 Boost
Exide Industries reports a 5.3% increase in Q3 net profit to Rs 258 crore, with revenue up 4.7% to Rs 4,030 crore. The company credits GST 2.0 reforms and strong automotive sector growth for the performance.
ED Claims Rs 6-Crore Fraud Loans in MP Suicide Case
Over a year after the suicide of Madhya Pradesh businessman Manoj Parmar and his wife, ED files a complaint alleging Rs 6.2 crore fraudulent loans under government schemes.
Apple CEO Tim Cook Praises India's 'Terrific' Quarter
Apple CEO Tim Cook announced a record-breaking first quarter for fiscal 2026, with India emerging as a key highlight. The tech giant reported double-digit revenue growth and expanding user base in the world's second-largest smartphone market.
Peloton Lays Off 11% Staff, Engineering Teams Impacted
Peloton Interactive Inc. has reduced its workforce by 11% in a cost-cutting initiative, primarily affecting engineering teams. The move aims to save $100 million amid sluggish sales of new AI-powered equipment.
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PE Firms Pursue RedTape in ₹5,000 Crore Footwear Deal
Global private equity firms Apax Funds and Advent International are in talks to acquire a majority stake in Indian footwear maker RedTape, valuing the company at ₹4,500-5,000 crore. The deal highlights growing investor interest in India's expanding footwe
India's Skilling Crisis: PMKVY Failing Employment Test
An analysis reveals how flawed priorities in India's skilling initiatives like PMKVY are leading to poor employment outcomes, calling for demand-driven approaches tied to job creation.
Hester Biosciences Q3 PAT Jumps 140% to Rs 10.67 Crore
Ahmedabad-based Hester Biosciences reports a 140% YoY surge in Q3 FY26 standalone PAT to Rs 10.67 crore, driven by margin expansion and operational efficiency. Revenue grew 12% to Rs 70.35 crore.
Arvind Ltd Q3 Profit Up 17% to Rs 125 Cr, Revenue at Rs 2,373 Cr
Ahmedabad-based textile giant Arvind Limited reported a 17% increase in Q3 FY26 profit to Rs 125 crore. Revenue grew 14% to Rs 2,373 crore, with EBITDA hitting a record Rs 286 crore despite tariff discounts.
Amazon Layoffs Fuel Global Labor Debate Amid India Team Claims
Texas Republican candidate Nicholas Lee Plumb claims Amazon layoffs are linked to new India engineering teams. Amazon confirms 16,000 job cuts but denies hiring freeze, sparking debate on global labor arbitrage.
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Ex-RCom President Arrested in Rs 40,000 Crore Bank Fraud
The Enforcement Directorate has arrested Punit Garg, former president of Reliance Communications, in connection with a massive Rs 40,000 crore bank fraud case involving alleged money laundering and financial irregularities.
ED Arrests Ex-RCom Director Punit Garg in Rs 40,000 Crore Fraud
The Enforcement Directorate has arrested former Reliance Communications director Punit Garg in a massive Rs 40,000 crore bank fraud case, marking a significant development in the ongoing investigation into financial irregularities.
Former Minister Remembers CJ Roy's Humble Nature After IT Raid Death
Former Union Minister KV Thomas shares personal memories of Confident Group founder CJ Roy, describing him as emotional and down-to-earth despite his business success, following Roy's tragic death during an Income Tax raid.
Nestlé India Reports Record Q3 Turnover, Profit Surges 46%
Nestlé India achieved its highest-ever quarterly turnover of Rs 5,643 crore in Q3 Dec 2025, with 18.5% volume-led sales growth and 46% net profit surge, driven by GST benefits and strong demand recovery.
12 Indian Business Leaders Shaping Industries with Purpose
Discover 12 Indian entrepreneurs and leaders across diverse sectors who are driving growth with intent, responsibility, and innovation. From F&B to AI, wellness to travel, these visionaries focus on trust, sustainability, and long-term value.
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Coimbatore: 108 Ambulance Staff Hunger Strike Over Demands
Over 200 employees of the 108 ambulance service in Coimbatore held a hunger strike demanding salary rollback, timely payments, and government takeover of operations.
Corporate Leaders Share Union Budget 2026 Expectations
Industry leaders from manufacturing, technology, and services sectors outline their expectations for Union Budget 2026, focusing on tax reforms, infrastructure, and innovation incentives.
ED Arrests Ex-RCOM President in Rs 40k Crore Fraud Case
Former Reliance Communications president Punit Garg has been arrested by the Enforcement Directorate in a massive Rs 40,000 crore bank fraud case. A Delhi PMLA court has granted nine days of ED custody for further investigation into the money laundering a
Overtime Phone Use Sparks Workplace Debate
A 21-year-old employee's mobile phone use during overtime hours triggers online discussion about corporate culture, overtime pay, and workplace monitoring practices in India.
Nestle India Q3 Profit Jumps 45% to Rs 998 Crore
Nestle India reports 45.12% rise in Q3 net profit to Rs 998.42 crore, driven by highest quarterly revenue and strongest volume growth in nearly five years.
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CJ Roy Death: Confident Group Founder's Net Worth & First Car
The tragic death of Confident Group founder CJ Roy has sparked interest in his remarkable journey, from humble beginnings to a multi-crore net worth and his first car story.
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