ACC Q3 Net Profit Down 63%, Revenue Up 21.7%
ACC Limited reported a sharp 63% decline in net profit to Rs 404 crore for Q3 FY24, while revenue grew 21.7% to Rs 6,391 crore, reflecting mixed financial performance amid market challenges.
Category : Corporate News
RegisterKaro: Your One-Stop Business Compliance Solution
Discover how RegisterKaro helps businesses navigate India's complex regulatory landscape with expert company registration and compliance services for startups, MSMEs, and enterprises.
Amazon's Project Dawn Email Blunder: Job Cut Confirmation Sent
Amazon accidentally sent an email titled 'Project Dawn' to employees, confirming job cuts, causing confusion and anxiety among staff. The tech giant later clarified it was an error.
Adani Power Q3 Preview: Bangladesh Deal May Impact Earnings
Adani Power's Q3 results face scrutiny amid Bangladesh power deal renegotiation risks. While thermal capacity expansion offers long-term growth, short-term earnings may be muted due to payment delays and tariff uncertainties.
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Air India Express Navi Mumbai Expansion Delayed by Fleet Issues
Air India Express faces fleet constraints, delaying its Navi Mumbai airport expansion to 15 cities until end-2026, while competitors IndiGo and Akasa have launched most announced routes.
Tata Consumer's Valuation Needs Faster Growth Momentum
Tata Consumer Products reports strong Q3FY26 results with 15% revenue growth and 28% Ebitda increase, but its premium valuation requires accelerated expansion in growth segments like Tata Sampann and RTD products to justify investor confidence.
TVS Motor Q3 Net Profit Jumps 49% to ₹841 Crore
TVS Motor Company reports robust Q3 financial results with net profit surging 49% year-on-year to ₹841 crore and revenue increasing by 34%, reflecting strong market performance.
Yotta Prioritizes India IPO, Keeps Nasdaq Option Open
Yotta Data Services reverses its US listing plan, opting for an India IPO first due to strong domestic investor appetite for AI and digital infrastructure assets, while retaining future overseas listing options.
Dubai Gold Hits Record Dh632/gram in January 2026 Rally
Dubai's gold market reaches unprecedented heights as 24-karat gold hits Dh632 per gram in January 2026, marking a 20% surge from New Year's Day prices amid global economic pressures.
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Amazon's 'Project Dawn' Email Sparks Layoff Fears
Amazon employees received a mysterious 'Project Dawn' calendar invite hinting at layoffs, fueling speculation as the company prepares for another round of job cuts affecting thousands globally.
BMC Mumbai 145 Posts Recruitment 2026 at Cooper Hospital
Brihanmumbai Municipal Corporation releases recruitment for 145 contractual posts at Cooper Hospital, Juhu. SSC pass candidates eligible. Apply offline from Jan 27 to Feb 4, 2026.
RIA Advisory: Great Place to Work for 4 Years
RIA Advisory, a leading financial services firm, has been certified as a Great Place to Work in India for the fourth year in a row, highlighting its exceptional workplace culture and employee satisfaction.
Why 40s Are Becoming the New Layoff Age in India
Amazon's latest layoffs highlight a troubling trend: mid-career professionals in their 40s face disproportionate job cuts. Explore the financial, emotional impact and ageism in hiring.
UP Signs Rs 3 Lakh Crore MoUs at Davos WEF
Uttar Pradesh government announces signing of MoUs worth approximately Rs 3 lakh crore at World Economic Forum Davos meeting, with major investment from Netherlands-based AM Green for AI data project.
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Monolithisch India Q3 Revenue Up 42.6%, PAT Surges 54.2%
Monolithisch India Limited reports stellar Q3 FY26 performance with revenue reaching ₹37.36 crore, up 42.61% YoY. PAT surges 54.15% to ₹6.08 crore. Company maintains strong growth momentum.
Halwa Ceremony Kicks Off Union Budget Process
The Finance Ministry's traditional halwa ceremony has officially begun the Union Budget preparation process, symbolizing the start of confidential document printing and sealing.
Maruti Suzuki Q3 Results: Strong Growth Forecast
Maruti Suzuki India is projected to report robust Q3FY26 results with revenue growth of 32-37% and net profit rising 24-35% year-on-year, driven by solid demand and improved product mix.
Amazon Layoff Plan Snag: Premature Email to AWS Staff
Amazon's planned corporate layoffs faced an embarrassing mishap when an internal email was sent prematurely to AWS employees, revealing details of 'Project Dawn' cuts ahead of schedule.
Musk vs Khosla: Racism Row and Talent War Escalates
Billionaires Elon Musk and Vinod Khosla engage in public feud over racism allegations, talent poaching attempts, and past controversies including beach access lawsuits and AI industry conflicts.
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GHMC Finds Rs 100 Crore Tax Evasion in Hyderabad Properties
Greater Hyderabad Municipal Corporation's drone-based survey reveals over 1 lakh properties under-assessed for tax, causing Rs 100+ crore revenue loss. Commercial hubs like Serilingampally, Kukatpally identified as major evasion zones.
Air India's Four-Year Tata Journey: Recovery Mode Persists
Four years after Tata Group's acquisition, Air India shows progress but remains in recovery mode, struggling to match IndiGo's growth pace despite industry tailwinds and facing setbacks like the 2025 Ahmedabad crash.
SoftBank May Invest $30B More in OpenAI
SoftBank Group is reportedly in discussions to invest up to $30 billion more in OpenAI, reflecting CEO Masayoshi Son's AI ambitions. The potential deal could significantly boost AI development.
Amazon Email Blunder Exposes Cloud Unit Layoffs
Amazon accidentally confirmed upcoming layoffs in its cloud division through an erroneously sent email to employees, acknowledging organizational changes amid ongoing restructuring.
Amazon Closes Stores for Same-Day Grocery Delivery Focus
Amazon is closing dozens of Amazon Fresh and Amazon Go stores to concentrate on expanding same-day grocery delivery and Whole Foods operations, aiming to compete with Walmart's market dominance.
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Gold, Silver Prices Surge to Record Highs on Safe-Haven Demand
Gold prices surged to a record high above $5,200 per ounce in international markets, driven by safe-haven demand amid economic and geopolitical uncertainty. Silver also saw significant gains, with futures jumping over 7%.
MP Auto Dealers Seek Budget 2026 Support for Sales, EVs & Tax Cuts
Automobile dealers in Madhya Pradesh hope Union Budget 2026 will boost demand in passenger vehicles, two-wheelers & EVs through tax relief, easier financing & policy support.
Tim Cook's White House Visit Sparks Political Backlash for Apple
Apple CEO Tim Cook faces criticism for attending a White House event with President Trump during Minneapolis protests, testing his apolitical corporate strategy and revealing tech industry's political balancing act.
Vedanta Sells HZL Stake via OFS to Raise Rs 4,600 Crore
Vedanta Ltd plans to sell up to 6.7 crore shares of Hindustan Zinc through an offer for sale, aiming to raise nearly Rs 4,600 crore to strengthen its balance sheet and optimize capital structure.
UP Secures Rs 3 Lakh Crore Investment at Davos
Uttar Pradesh government signs 31 MoUs worth nearly Rs 3 lakh crore at Davos WEF, with major investments in data centers, renewable energy, and manufacturing sectors.
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Kitex MD Denies ED FEMA Case, Calls Reports Fake
Kitex Group MD Sabu M Jacob refutes media reports of ED FEMA case, calling them baseless. He clarifies notices were routine for exporters, denies NDA joining to evade action, and plans legal steps.
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