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.
Category : Corporate News
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.
Jindal Steel Q3 Profit Falls 80% on Weak Steel Prices
Jindal Steel & Power reports 80% drop in Q3 net profit to ₹190 crore due to weak steel prices, higher input costs, and one-time labor code charges. Revenue rises 10.9% to ₹13,026 crore.
Meesho Bets on Logistics Fixes to Boost Margins Post Q3 Loss
Meesho's Q3 net loss widened to ₹490 crore despite 31% revenue growth. The company plans logistics fixes and operating leverage to improve margins in coming quarters.
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Confident Group Owner CJ Roy Dies by Suicide
Confident Group owner CJ Roy has died by suicide. The company has a vast portfolio in real estate, hospitality, and infrastructure projects across India and globally.
Ola Electric Lays Off 5% of Staff in Restructuring
Ola Electric is set to lay off approximately 5% of its workforce as part of a strategic restructuring effort to streamline operations and enhance efficiency in the competitive EV market.
Confident Group Chairman CJ Roy Dies by Suicide After I-T Raids
CJ Roy, Chairman of Confident Group, died by suicide in Bengaluru after Income Tax Department conducted searches at his office premises. The incident occurred on January 30, 2026.
Microsoft's $360B Crash: AI Bubble Bursts
Microsoft lost $360 billion in market value in a single day, the second-largest crash in US history, as its OpenAI partnership exposes unsustainable AI spending and circular financing deals.
CKK Retail Mart Completes Anchor Allocation for 2026 IPO
CKK Retail Mart Limited has successfully concluded its anchor investor allocation, a key step before its Initial Public Offering opens for subscription on January 30, 2026.
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Indian Businesses Thrive Amid Modern Pressures with Vigour
Indian businesses are demonstrating remarkable resilience and vitality in the face of modern-day pressures, including economic challenges and global competition, by adapting innovative strategies and maintaining robust growth.
Adani Group Secures JCR Ratings, Opens Door to Japan Capital
Adani Group has achieved landmark JCR credit ratings, paving the way for accessing Japan's long-term capital markets. JCR highlighted APSEZ's stable cash flows, operational strength, and financial prudence.
NTPC Q3 Net Profit Up 8% YoY, Declares ₹2.75/Share Dividend
NTPC reports Q3 FY25 consolidated net profit of ₹5,597 crore, an 8% YoY increase. The board declares a second interim dividend of ₹2.75 per share, payable in February 2026.
Congress Pushed FTA with China, Says Piyush Goyal
Union Minister Piyush Goyal accuses Congress of committing a sin by advocating for a Free Trade Agreement with China, highlighting economic concerns and political criticism.
Amazon May Invest $50 Billion in OpenAI
Amazon is reportedly in negotiations to invest up to $50 billion in OpenAI, potentially becoming the largest contributor to the AI startup's massive funding round.
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Goyal Slams Congress Over India-EU FTA, Defends Agreement
Commerce Minister Piyush Goyal criticized Congress for opposing the India-EU Free Trade Agreement, accusing them of past failures and defending the landmark deal's benefits for India's economy.
Trade Unions Blame Neo-Liberal Policies for Slowdown
CITU and AITUC refute CJI's remarks on industry slowdown, arguing that trade unions are not at fault and instead point to neo-liberal policies as the root cause of economic issues in India.
Amazon: No Quarterly Mass Layoffs, But Team Changes Ongoing
Amazon's Senior VP Beth Galetti reassures employees that mass layoffs won't become quarterly events, but acknowledges ongoing team-level adjustments as business needs evolve across AWS, retail, and other divisions.
Goyal Criticizes Congress on FTAs, India-EU Deal
Union Minister Piyush Goyal accuses Congress of mishandling free trade agreements, using 'angoor khatte hain' phrase against Jairam Ramesh, while defending India-EU FTA.
Coforge-Encora Deal Creates $2.5B AI & Cloud Giant
IT services firm Coforge's acquisition of US-based Encora will create a combined entity with $2.5 billion revenue, focusing on AI-led engineering and cloud services.
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NALCO Q3 Profit Up 1.8%, Announces ₹4.50 Dividend
National Aluminium Company reports consolidated net profit of ₹1,595.15 crore for Q3 FY26, a 1.8% year-on-year increase. Board approves second interim dividend of ₹4.50 per share with record date set for February 6, 2026.
Jeff Bezos' Two-Pizza Rule for Team Productivity
Amazon founder Jeff Bezos' famous 'two-pizza rule' limits teams to 5-10 people to enhance collaboration, agility, and decision-making in corporate environments.
SA Technologies & UP Partner for Global Capability Centres at WEF 2026
SA Technologies has announced a strategic partnership with the Uttar Pradesh government to accelerate the development of Global Capability Centres, with plans unveiled at the World Economic Forum 2026.
Voltas vs Blue Star Q3: Divergent Paths in Cooling Sector
Voltas and Blue Star faced similar Q3FY26 challenges with flat revenue growth, but their strategies diverged sharply. Voltas sacrificed margins for volume growth, while Blue Star protected profitability through pricing power and cost control.
Paytm Sees Near-Term EBITDA Hit After Incentive Lapse
Paytm expects a near-term impact on its EBITDA following the expiry of the Payment Infrastructure Development Fund incentive, which contributed ₹216 crore over nine months. The company plans to offset losses through deeper merchant engagement.
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Ambuja Cements Q3 Profit Drops 86% to ₹367 Crore
Ambuja Cements reports Q3 FY24 consolidated net profit of ₹367 crore, an 86% decline year-on-year, despite 20% revenue growth due to increased operational costs.
Nestle India Q3 PAT Jumps 45%, Declares ₹7 Dividend
Nestle India reports robust Q3 FY24 results with a 45% YoY surge in consolidated PAT to ₹998.42 crore and declares an interim dividend of ₹7 per share.
Google India Profit Flat, Revenue Dips 3.2% in FY25
Google India's profit remained nearly unchanged at Rs 1,437 crore in FY25, while revenue declined by 3.2% to Rs 5,340 crore. Total revenue increased slightly due to other income.
Coal India Board Meeting for Q3 Results, Dividend on Feb 12
Coal India's board will meet on February 12, 2026, to approve Q3 financial results and consider declaring a third interim dividend for FY 2025-26, amid recent stock performance.
SpaceX Considers Mergers with Tesla, xAI
SpaceX is evaluating potential mergers with Tesla and AI startup xAI to consolidate Elon Musk's business empire. The deals could involve space-based AI computing and draw significant investor interest.
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Indian Professionals Thriving Amid Modern Pressures
Indian professionals are navigating modern-day pressures with renewed vigour and vitality, leveraging resilience and innovative strategies to maintain well-being and productivity in a fast-paced world.
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