Infosys Q3 Profit Drops 9.6%, Raises FY26 Outlook
Infosys reported Q3 FY26 net profit of ₹6,654 crore, down 9.6% QoQ. The IT major raised its constant-currency revenue growth guidance for FY26 to 3.0%-3.5%.
Category : Business
KKR Closes $2.5B Asia-Pacific Credit Fund
Global investment firm KKR has successfully closed its second Asia-Pacific performing credit fund with $2.5 billion in capital. The fund has already deployed more than half of this amount across ten strategic investments.
Chemical Sector Risks: China, Crude, Weak Demand
India's chemical industry confronts significant challenges from Chinese overcapacity, high crude oil prices, and sluggish global demand, as highlighted in a recent Nuvama report.
Praxis Fast-Tracks SAP Cloud ERP for Dhananjay Group in 3 Months
Praxis Global Alliance successfully implemented SAP Cloud ERP for Dhananjay Group in just three months, enabling rapid digital transformation and operational efficiency.
Kotak Marks 30 Years on NSE, Highlights India's Financial Rise
Kotak Mahindra Bank commemorates three decades on the National Stock Exchange, reflecting India's journey to a strong and dynamic financial market.
Indian Chemical Sector Faces Triple Threat from Global Factors
Nuvama report warns Indian chemical manufacturers face structural risks from China's overcapacity, elevated crude oil prices, and weak Western demand, threatening pricing and margins.
Fed Marble Probe Risks Dollar Supremacy and Institutional Norms
A $2.5 billion Fed headquarters renovation sparks a criminal investigation into Jerome Powell, raising concerns about central bank independence and the dollar's reserve currency status.
Air India, IndiGo reroute flights after Iran airspace closure
Indian airlines Air India and IndiGo issued travel advisories as Iran temporarily closed its airspace amid tensions, causing flight delays and rerouting.
Indian Stock Markets Closed for Mumbai Civic Elections
Indian stock markets, including BSE and NSE, are closed today due to the Mumbai civic elections. Trading will resume tomorrow as per schedule.
Greater Noida Authority Launches New Housing Scheme
Greater Noida Authority announces a new housing scheme in Sector Omicron 1A with a base price of Rs 4,500 per sq ft. The scheme offers 1,000 flats across various categories, including 2BHK and 3BHK units, aimed at providing affordable housing options.
Space Startups Pivot to Defence Surveillance Contracts
Indian space startups like Pixxel and Digantara are shifting focus to defence surveillance, aiming for 40-80% of revenue from military contracts in India and abroad.
Analysts Bet on Somany Ceramics Turnaround After Tough Year
Somany Ceramics shares fell 27% amid weak tile demand, but 19 of 21 brokerages recommend buying. Analysts see value in the Max plant turnaround and margin improvements ahead.
Property Loans: A Smart Way to Access Funds Without Selling
Learn how a loan against property works, its benefits, eligibility factors, interest rates, and how to plan repayments effectively for long-term financial needs.
Shadowfax Technologies IPO Opens Tomorrow: Key Details
Shadowfax Technologies IPO opens for subscription on Tuesday, January 20. The logistics firm shows strong financial growth with 114% profit jump. Check price band, GMP, and listing details.
Bank of Maharashtra Apprentice Recruitment 2026
Bank of Maharashtra has released its Apprentice Recruitment 2026 notification, offering 600 positions for fresh graduates. Applications open January 15, 2026.
IndiGo Crisis: DGCA Slept, CCI Silent on Woes
The DGCA and CCI failed to act during IndiGo's recent crisis, raising questions about regulatory oversight in India's aviation sector as the airline faced operational and financial challenges.
Bank Holiday on January 15: State-Wise Closures
Banks in Maharashtra, Karnataka, Tamil Nadu, and other states will remain closed on January 15, 2026, due to various regional festivals and elections. Plan your financial transactions accordingly.
Chandigarh Airport Fog Crisis Exposes Landing System Gaps
Dense fog at Chandigarh airport reveals infrastructure limitations, causing mass flight cancellations and delays. Upgrades planned but experts warn of partial solutions.
Indian JV Makes Second Oil Discovery in Abu Dhabi Block
Urja Bharat, an IOC-BPCL joint venture, announces a second oil find in Abu Dhabi's Onshore Block 1, marking progress in India's energy self-sufficiency drive.
India-West Flights Delayed as Airlines Avoid Iran, Iraq Airspace
Airlines reroute flights, causing cancellations and longer travel times between India and the West due to airspace closures over Iran and Iraq amid regional tensions.
GMADA Cuts Charges to Rs 2,216/sq m for Mohali Plots
GMADA issues fresh demand notices at reduced rate of Rs 2,216 per square metre for sectors 76-80 in Mohali, ending decade-long dispute after Cabinet approval.
RBI Sets New Rules for Bank Internal Ombudsman
The Reserve Bank of India has introduced fresh guidelines for the internal ombudsman mechanism in banks. These rules aim to enhance customer grievance redressal and ensure fair practices.
CII Flags Rajasthan Policy Hurdles to Investment
CII warns Rajasthan's $350 billion economy target by 2030 faces risk from restrictive policies, weak enforcement, and bureaucratic delays affecting MSMEs and industries.
ICICI Pru AMC Q3 Profit Jumps 45% to Rs 248 Crore
ICICI Prudential Asset Management Company reports a strong 45% year-on-year increase in net profit for Q3 FY25, reaching Rs 248 crore, driven by robust growth in assets under management.
Groww to Sell 23% Stake in Asset Management Arm
Groww, the popular investment platform, plans to sell a 23% stake in its asset management subsidiary to raise capital for expansion and new initiatives.
Wholesale Inflation Hits 0.8% in December, Expected to Rise
India's wholesale price index inflation turned positive at 0.8% in December, up from -0.3% in November. Experts predict it could cross 1% in coming months, driven by manufacturing and food prices.
Rajasthan to Showcase Battery Storage at Renewable Expo
Rajasthan prepares to present its Pugal Solar Park with 6,400 MWh battery storage to top solar CEOs at Bharat Renewable Expo, highlighting investment opportunities.
Constro 2026 Pune Exhibition Concludes Successfully
The four-day Constro 2026 international construction exhibition concluded in Pune, highlighting safety, technology, and sustainability with over 400 exhibitors.
Auto Parts Industry May Slow in H2, Pins Hopes on Trade Deals
ACMA President Vikrampati Singhania says India's auto component industry may face a slowdown in the second half, but trade deals with EU, UK, and New Zealand could help diversify exports.
Stock Markets Closed Thursday for Maharashtra Elections
Indian stock exchanges NSE and BSE remain closed on Thursday due to municipal elections in Maharashtra. Commodity markets will operate on a limited schedule. Trading resumes Friday.
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