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Tata Motors said on Wednesday that it had agreed to buy Italian truck maker Iveco Group in a deal worth 3.8 billion euros ($4.36 billion), after the Italian truckmaker separately agreed to sell its defence business to Leonardo. As part of the arrangement, Tata Motors will launch an all-cash tender offer...
Mahindra & Mahindra reported its first-quarter earnings for the financial year 2026 today, July 30. The company’s net profit increased 24 per cent year-on-year (YoY) to Rs 4,083 crore in Q1FY26, according to a stock market filing. The company posted a consolidated net profit of Rs 3,283 crore...
Home textiles manufacturer Welspun Living Limited on Wednesday reported a sharp 52 per cent year-on-year (YoY) decline in net profit for the quarter ended June 30 (Q1 FY26). The company posted a profit of Rs 89.3 crore, down from Rs 186 crore in the same period previous year, as lower exports and weaker...
Zydus Wellness Q1 Results: Zydus Wellness Limited on Wednesday reported a 13.4 per cent drop in its consolidated net profit for the first quarter ended June 30 (Q1 FY26). According to the company, the decline was due to some of its seasonal brands being hit by a shorter summer, unseasonal rains, and hig...
French multinational Schneider Electric on Tuesday announced that it will acquire Singapore-based Temasek’s remaining 35 per cent stake in Schneider Electric India Private Limited (SEIPL) for an all-cash consideration of 5.5 billion euros. This will take Schneider Electric’s holding in SEIPL to 100 per...
Maruti Suzuki Q1 FY26 Results Preview: Maruti Suzuki India, the country’s largest carmaker, is set to report its financial results for the April-June period on Thursday, July 31. Analysts expect the auto giant–whose popular models include Brezza, Grand Vitara, Swift and XL6–to stage a...
L&T Q1FY26 Results: Engineering and infrastructure giant Larsen & Toubro (L&T) on Tuesday reported a strong set of earnings for the first quarter of FY26, with a 29.9 per cent year-on-year rise in consolidated net profit at Rs 3,617 crore, compared to Rs 2,786 crore in the same period last y...
PNB Q1FY26 Results: Punjab National Bank (PNB) is scheduled to announce its Q1FY26 earnings on Wednesday, July 30. The state-owned lender is expected to post a 27.5 per cent year-on-year (YoY) rise in net profit, led by lower provisioning and a favourable base, even as margin pressures may weigh on the...
Apollo Micro Systems, an aerospace and defence sector firm, on Monday, July 28, posted its financial results for the first quarter of the financial year 2025-26. The company delivered performance across all major financial indicators during the April–June 2025 period. The company on Monday reported a 11...
Asian Paints Q1 FY26 Results: Mumbai-headquartered Asian Paints on Tuesday reported a consolidated net profit of Rs 1,099.8 crore for the quarter ended June 30, a 6.0 per cent decline on a year-on-year basis. The Asian Paints stock, however, jumped moments after the earnings announcement. The paint man...
In a significant move, Apple Inc. is set for its first-ever retail store closure in China, marking a pivotal moment in its operations within a crucial market. The company announced on Monday that its Parkland Mall store in the Zhongshan District of Dalian City will shut its doors on August 9, citing shi...
NTPC Q1 Results Preview: Shares of NTPC Ltd were trading flat at Rs 332.90 on the NSE in early afternoon trade on Tuesday, ahead of the company’s June quarter (Q1FY26) results, expected later today. The stock has seen muted movement, down just 0.015 per cent as of 1:41 PM IST, as investors await earning...
Tata Elxsi, a design and technology services firm, on Tuesday, July 28, declared a partnership with San Francisco-based KAVIA AI. According to the Tata group firm, this collaboration aims to transform the software development lifecycle (SDLC) through intelligent automation, enhancing quality and acceler...
Tata Steel Q1 FY26 Results Preview: Tata group steelmaker Tata Steel is scheduled to report its financial results on Wednesday, July 30. Analysts expect the steel giant–part of the Nifty50 and Nifty Metal indices–to stage a strong operational performance on the back of improving European ope...
Mazagon Dock Q1FY26 Results: Defence PSU Mazagon Dock Shipbuilders reported a mixed set of June quarter numbers post-market hours on Monday, as the broader defence sector faced heavy selling pressure on the bourses. For Q1 FY26, Mazagon Dock’s consolidated revenue stood at Rs 2,625.59 crore, up 11.35 pe...
BEL Q1 Results: Bharat Electronics Ltd (BEL) on Monday posted a strong set of numbers for the quarter ended June 2025, with consolidated net profit rising 22.62 per cent year-on-year (YoY) to Rs 969.91 crore. The company had reported a profit of Rs 791 crore in the same period last year. Revenue from op...
Acme Solar Holdings Q1 Results: Acme Solar Holdings has reported a rise in its consolidated net profit to Rs 131 crore for the quarter ended June 2025 (Q1 FY26), up from Rs 1 crore in the same period last year. According to the company, the jump in profit was driven by higher revenues and operational im...
Maharatna PSU Stock, SAIL Share Price Target: State-owned steel maker firm Steel Authority of India (SAIL) on Friday reported its financial earnings for the first quarter of FY26. For Q1FY26, the largest domestic steel producer PSU firm posted a net profit of Rs 744.58 crore, an increase from the Rs 81...
Bank of Baroda Q1 FY26 Earnings, BANKBARODA Shares: PSU lender Bank of Baroda on Friday reported a mixed set of earnings for the April-June period, with better-than-expected top-line and bottom-line but worsening asset quality. Its net profit grew 1.9 per cent on a year-on-year basis to Rs 4,541 crore w...
Cipla Q1 FY26 Results: Mumbai-headquartered pharmaceutical firm Cipla on Friday reported a 10.2 per cent year-on-year rise in consolidated net profit to Rs 1,298 crore for the quarter ended June 30, beating analysts’ expectations. Cipla shares spiked immediately after the earnings announcement as...
Navratna PSU Bharat Electronics Limited (BEL) has received a Rs 1,640 crore order for Air Defence Fire Control Radar (Atulya) from the Indian Army, according to a stock market disclosure. “Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has signed a contract with the...
Intel Corp. is cutting thousands of jobs and restructuring global operations as part of a sweeping transformation under new CEO Lip-Bu Tan. The chipmaker, once a symbol of Silicon Valley innovation, now faces fierce competition from rivals like Nvidia Corp. and Advanced Micro Devices Inc, according to a...
Real estate major DLF Ltd, in partnership with Trident Realty, has sold out the entire first phase of its premium Mumbai residential project ‘The Westpark’ in Andheri West. The company garnered over Rs 2,300 crore from the sale of all 416 units in less than a week, according to a company statement. This...
Bajaj Finance reported its financial results today, July 24, for the first quarter of Financial Year 2025-26 ending on June 30, 2025. The NBFC’s net profit rises 21.8 per cent year-on-year (YoY) to Rs 4,765.29 crore as compared with last year’s Rs 3,911.98 crore. Bajaj Finance’s conso...
Tata Sons Chairman, N Chandrasekaran, has said that the company’s main goal is to scale up its manufacturing excellence in semiconductors, electric vehicles, digital platforms and financial services. In the company’s 2025 annual report, he said that Tata Electronics, which makes an annual re...
Shares of Canara Bank Ltd. jumped nearly 4 per cent to Rs 112.50 on July 24 after the state-owned lender reported strong Q1 results for the financial year 2025-26. The bank’s consolidated net profit surged 21.7 per cent year-on-year to Rs 4,752 crore, supported by improved asset quality and a sharp rise...
Packaged food giant Nestlé India Ltd reported a 13.4 per cent year-on-year fall in consolidated net profit for the June quarter (Q1FY26), impacted by elevated input costs and finance expenses. The company’s net profit came in at Rs 646.6 crore, down from Rs 746.6 crore in the year-ago period and b...
Reliance Power said on Thursday that the recent enforcement agency action, as reported by media, has “absolutely no impact” on its business operations, financial performance, shareholders, employees or any other stakeholders. The media reports “appear to pertain to allegations concerni...
Alphabet Q2 Earnings: Google’s accelerating push into artificial intelligence helped parent company Alphabet Inc. clock another quarter of robust growth, even as regulatory heat on its internet empire intensifies. The April to June quarter results, released Wednesday, signal how deftly Google is managin...
Tata group FMCG major Tata Consumer Products on Wednesday posted a 15 per cent year-on-year rise in consolidated net profit to Rs 334 crore for the first quarter of FY26, driven by strong growth in its India business. The company’s top-line grew about 10 per cent to Rs 4,778.91 crore, according to...
Dr. Reddy’s Laboratories’ net profit stood at Rs 1,409.6 crore in the first quarter of the current fiscal (Q1 FY26), down 11 per cent sequentially, the company said in an exchange filing on Wednesday.The company had reported a consolidated profit of Rs 1,587.3 crore in the preceding quarter...
Infosys Q1 Result Key Takeaways: Largecap giant Infosys reported a decline in its consolidated profit after tax (PAT) for the April-June quarter, but it still managed to beat Street estimates. The IT firm’s consolidated revenue from operations saw a jump in the first quarter, while the company...
The Directorate of Enforcement (ED), Bengaluru Zonal Office, has filed a case against Myntra Designs Private Limited and its associated entities and directors under Section 16(3) of the Foreign Exchange Management Act, 1999 (FEMA). The case accuses contravention of nearly Rs 1,654.35 crore, allegedly fo...
Infosys Q1 FY26 Earnings: Bengaluru-headquartered Infosys–the country’s second-largest IT firm–on Wednesday raised the lower end of its revenue growth guidance by 100 basis points. It now expects its FY26 revenue to expand in the range of 1-3 per cent in constant currency terms, instea...
IT giant Infosys reported a 9 per cent year-on-year (YoY) rise in consolidated net profit to Rs 6,921 crore for the quarter ended June 30, 2025 (Q1FY26), compared to Rs 6,368 crore in the same period last year. However, the figure marks a 1.59 per cent sequential decline from Rs 7,033 crore in Q4FY25. T...
Shares of Inox Wind Ltd remained largely steady on Wednesday, trading around Rs 165, shortly after the company announced it had won a 51 MW order from First Energy Pvt Ltd, a subsidiary of the Thermax Group. This is the first time First Energy has placed an order with Inox Wind, marking an important ste...
Indian users can now make international payments through PayPal using the Unified Payments Interface (UPI), thanks to PayPal’s launch of “PayPal World”, a platform connecting major payment systems and digital wallets. The global payments company PayPal has announced the launch of...
Paytm parent One97 Communications Ltd reported a consolidated net profit of Rs 123 crore for the June quarter (Q1 FY26), marking a turnaround from a net loss of Rs 839 crore in the same period last year. Contribution profit was at Rs 1,151 crore, an increase of 52 per cent year-on-year, and contribution...
Paytm (One 97 Communications Limited), India’s leading full-stack merchant payments platform, on Tuesday announced a Profit After Tax (PAT) of Rs 123 crore for the first quarter of FY26, marking a significant financial milestone for the company. The Noida-based fintech major attributed the growth to its...
Tata Communications on Tuesday, July 22, announced a strategic partnership with Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc., to establish an advanced, AI-ready network infrastructure across India. Under this collaboration, Tata Communications will establish a high-capacity, resilient lon...
Colgate Palmolive Q1 Results: Colgate Palmolive India on Tuesday (July 22) declared its financial performance for the first quarter of FY26. In its Q1 earnings of the current fiscal, the FMCG firm posted a net profit of Rs 321 crore, an 11.8 per cent decline YoY compared to Rs 364 crore during the same...
Infosys, one of India’s top IT services companies, is set to announce its earnings for the first quarter of FY26 on Wednesday, July 23. According to Zee Business research team, investors and analysts are expecting a stable set of numbers, with revenue and profit likely to see modest growth compared to t...
SBI Card and PhonePe introduced a co-branded credit card to reward customers for regular spending. The PhonePe SBI Card is available in two variants, PhonePe SBI Card SELECT BLACK and PhonePe SBI Card PURPLE. Customers can earn up to 10 per cent reward points on everyday spends like Recharges, Bill Paym...
State Bank of India (SBI), the country’s largest public sector lender, has successfully raised Rs 25,000 crore through a Qualified Institutional Placement (QIP), making it the largest equity fundraising via QIP in Indian capital markets. The bank’s board approved the issue and allotment of 30.6 crore eq...
SBI Card and PhonePe introduced a co-branded credit card to thank customers for regular spending. The PhonePe SBI Card is available in two variants, PhonePe SBI Card SELECT BLACK and PhonePe SBI Card PURPLE. Customers can earn up to 10 per cent reward points on everyday spends like Recharges, Bill Payme...
IDBI Bank, in which PSU insurer LIC holds a majority stake, reported a net profit of Rs 2,007 crore for the first quarter of FY26, marking a 17 per cent YoY increase. In the same quarter of the previous financial year, the bank had posted a net profit of Rs 1,719 crore. The bank, which ...
Anthem Biosciences Listing Preview: Anthem Biosciences Ltd., which is a fully integrated operations encompassing drug discovery, development, and manufacturing processes, is set to list on BSE and NSE today (Monday, July 21, 2025). The offer for sale IPO, which opened on July 14 and closed on July 16, h...
Auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co (JNT) to establish a joint venture company in China. The JV will manufacture and supply driveline systems and components to automotive manufacturers in China and globally, Sona Com...
ICICI Bank Q1 Results: ICICI Bank reported a 15.5 per cent year-on-year growth in standalone net profit at Rs 12,768 crore for Q1 FY26. Net interest income rose 10.6 per cent to Rs 21,635 crore. Core operating profit increased 13.6 per cent to Rs 17,505 crore, while profit before tax (excluding treasury...
HDFC Bank Q1 FY26 Results, First Bonus: HDFC Bank, the country’s largest lender by market value, on Saturday reported a standalone net profit of Rs 18,155.2 crore for the quarter ended June 30, a 12.1 per cent year-on-year increase that was much better than analysts’ expectations. The bank...
