Albinder Dhindsa to Replace Deepinder Goyal as Eternal CEO
Albinder Dhindsa, founder of Blinkit, is set to take over as CEO of Eternal, replacing Deepinder Goyal in a major leadership shift announced in January 2026.
Category : Corporate News
India Post Aims 30% Revenue Growth to Rs 17,546 Crore by FY26
Union Minister Jyotiraditya Scindia announces Department of Posts' ambitious target of 30% revenue growth to Rs 17,546 crore for FY26, with five out of six verticals showing positive performance.
L&T Bets $1.2B on Data Centres to Rival Tata, Adani, Reliance
Larsen & Toubro plans to invest $1.2 billion in data centres, leveraging end-to-end ownership for cost advantages in the competitive AI infrastructure market against Tata, Adani, and Reliance.
Aviation Sector Needs Antitrust Watch as Duopoly Persists
IndiGo's compliance pledge with DGCA norms brings hope, but India's aviation market remains dominated by two players. With new airline entrants facing significant hurdles, the Competition Commission must maintain vigilant oversight to ensure fair competit
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JSW Steel Q3 Preview: Import Curbs Lift Stock, Earnings Pressure
JSW Steel shares surged 5.7% after government import curbs, but Q3 earnings are expected to decline due to weak steel prices and higher costs, with analysts forecasting a sequential profit drop.
Mahindra: Blackstone CEO's India Praise at Davos 'Massive News'
Mahindra Group Chairperson Anand Mahindra called Blackstone CEO Steve Schwarzman's praise of India's investment returns at Davos unprecedented validation of the country's economic trajectory.
Balaji Wafers Sells Stake to General Atlantic
Balaji Wafers has sold a 7% stake to US-based private equity firm General Atlantic at a valuation of ₹35,000 crore, aiming to professionalize operations and target a public listing in 3-4 years.
Nasscom Budget Demands: ESOP Tax Deferment, Data Center Clarity
Nasscom urges Union Budget to extend ESOP tax deferment to all DPIIT-recognized startups, clarify tax treatment for foreign cloud providers using Indian data centers, and ease working capital pressures for tech companies.
Ipsos to Invest $1.4 Billion in AI Over Five Years
French market research firm Ipsos plans to invest 1.2 billion euros in artificial intelligence and strategic acquisitions over the next five years to accelerate growth.
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Eternal's Post-Founder Test Begins as Goyal Steps Back
Eternal enters its first major post-founder leadership test after Deepinder Goyal steps down as CEO, prompting analyst caution about stock performance impact.
ZEE Q3 Results: Profit Falls 5% YoY, Revenue Up 15%
Zee Entertainment Enterprises reported a 5% YoY decline in Q3 FY26 net profit to ₹155 crore, while revenue grew 15% to ₹2,149 crore. EBITDA margin improved sharply to 16.1%.
Blinkit Q3 Profit: Turning Point or One-Quarter Wonder?
Blinkit's ₹4 crore Q3 profit marks a significant shift from losses, driven by improved contribution per order. However, delivery fee waivers and accelerated store expansion could challenge future profitability.
Nalco's Rare Earth Pivot: Growth Catalyst or Risk?
Nalco's stock has doubled in FY26, outperforming the market. Its pivot to rare earths aligns with India's strategic goals but faces execution challenges amid high valuations.
Supreme Industries Needs PVC Price Recovery for Growth
Supreme Industries faces margin pressure from weak PVC prices despite strong volume growth. The company maintains FY26 targets but seeks price recovery to normalize operating margins.
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Air India's $1.6B Loss Amid Crash, Airspace Issues
Air India, owned by Tata Group, is projected to report a net loss of at least $1.6 billion in FY 2025-26 due to the Ahmedabad crash and Pakistan's airspace closure, impacting its turnaround plan.
Adani Energy Q3 Profit Falls 8%, Revenue Up 15%
Adani Energy Solutions reported Q3 FY2025-26 results with net profit declining 8% YoY to ₹574 crore while revenue surged 15% to ₹6,729 crore. Transmission business led growth with 19% revenue increase.
IndiGo Q3 Profit Drops 77.5% YoY, Revenue Rises 6.2%
IndiGo reported a sharp 77.55% YoY drop in Q3 FY26 profit to ₹5,498 million, impacted by one-time costs. However, revenue grew 6.2% YoY and the airline saw a sequential improvement from a Q2 loss.
Deepinder Goyal Surrenders ₹900-1000 Cr ESOPs as Eternal CEO
Zomato-parent Eternal's founder Deepinder Goyal resigns as CEO, surrendering employee stock options worth ₹900-1000 crore to expand company's ESOP pool by 3.3 crore shares.
Budget 2026: Targeted Incentives for Domestic Manufacturing
Jacob Jose, CEO of Methods India, advocates for customs duty rationalization and capacity expansion incentives in Union Budget 2026 to strengthen India's capital goods ecosystem and reduce import dependence.
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Adani Total Gas Q3 Results: 11% Profit Growth, Revenue Up 17%
Adani Total Gas reported Q3 FY26 results with 11% YoY profit growth to ₹158.65 crore and 17% revenue increase to ₹1,639.22 crore, though sequential profit declined slightly.
IIFL Finance Q3 Profit Jumps, Stock Falls 13% on Tax Audit
IIFL Finance reports a multifold increase in Q3 net profit to ₹501 crore, but shares drop 13% after Income Tax Department orders a special audit. The NBFC also faces GST penalties in Bihar and Gujarat.
Duroflex IPO-Ready After 60 Years, Backed by Growth and PE
Mattress maker Duroflex Group, after over six decades as a family-run business, is preparing for an IPO. The company attributes its readiness to pan-India expansion, strong revenue growth, and investments from private equity firms Lighthouse Funds and Nor
Govt Seeks Airlines' Slot Requests After IndiGo Cuts
The aviation ministry has asked airlines to submit requests for IndiGo slots freed up after 10% flight cancellations. A committee will allocate slots based on capacity demonstration.
ITC Hotels Q3 Profit Up 9.4%, Revenue Surges 21.2%
ITC Hotels reports strong Q3 FY26 results with net profit rising 9.4% YoY to Rs 235.1 crore and revenue up 21.2% to Rs 1230.6 crore, driven by robust performance in corporate, wedding, and MICE segments.
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Jeff Bezos on Professional Branding: Your Reputation in Your Absence
Jeff Bezos' famous quote reveals how professional reputation is built through consistent behavior and trust, not just credentials or visibility. Learn why actions speak louder in your absence.
IndiGo Assures DGCA: No Flight Cancellations After Feb 2026
India's aviation regulator DGCA states IndiGo has guaranteed operational stability and no cancellations after February 10, 2026, when its exemption from new flight duty rules ends, following recent disruptions.
Vikram Solar Q3 Profit Jumps 415% to ₹98 Crore
Vikram Solar reports a massive 415% surge in consolidated net profit to ₹98 crore for Q3 FY 2025-26, up from ₹19 crore year-on-year.
Ryanair CEO Slams Elon Musk as 'Idiot' in Viral Spat
Ryanair CEO Michael O'Leary dismisses Elon Musk as 'an idiot' after a social media exchange about airline takeover threats and Starlink costs goes viral with millions of views.
CS Pawan G Chandak Elected ICSI President for 2026
The Institute of Company Secretaries of India announces CS Pawan G Chandak as President and CS Dwarakanath Chennur as Vice President for 2026, effective January 19, 2026.
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Oracle Nashville Move Hits Salary Cap Resistance
Oracle faces employee pushback on relocating to its new Nashville world headquarters due to lower geographic pay bands capping potential earnings compared to California salaries.
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