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Jindal Poly Films row reaches SC again as minority investors seek revival of class action suitMinority shareholders of Jindal Poly Films have approached the Supreme Court, seeking to revive India's first corporate class action suit. ...
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh sharesLloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share s...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Parag Parikh Flexi Cap Fund raises stake in ITC, HDFC Bank and 14 other stocks in MayParag Parikh Flexi Cap Fund, India’s largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, ...
HUL cuts permanent employee count by 8.6% in FY26Hindustan Unilever has reduced its workforce in fiscal year 2026. The company saw a decline in both permanent employees and workers. This m...
Punjab records 5,300 high-risk C-section deliveries under Sehat YojanaPunjab's Mukh Mantri Sehat Yojana has provided vital healthcare for over 7,300 mothers and newborns. The scheme covered 5,300 high-risk cae...
8th Pay Commission implementation date: When can you get salary hike with arrears?The 8th Pay Commission is still consulting stake holders on salary, pension and allowance revisions before finalising its report. Once appr...
Jubilant Foodworks shares crash 8% after Domino's India operator's Q4 results. What spooked investors?Jubilant Foodworks shares dropped significantly after its fourth-quarter results. The Domino's India operator reported a profit rise but fa...
Jubilant FoodWorks Q4 Results: Domino's parent net profit jumps 67% to Rs 82 croreIts consolidated revenue from operations in the fourth quarter was Rs 2,499.46 crore against Rs 2,095.02 crore in the year-ago period, it a...
How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explainsJSW Energy’s Rs 3,150-crore stake sale in JSW Steel to GQG Partners and SBI Mutual Fund is expected to strengthen its balance sheet. Jeffer...
TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance BankJana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Gr...
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
Zaggle sets aside $25 million for acquisitions in FY27, eyes US deal for international forayZaggle, the innovative spend management platform, is earmarking between $20-25 million for strategic acquisitions. With ambitions set on th...
Zaggle Q4 profit rises 30% to Rs 41 crore; revenue up at Rs 618 croreFintech firm Zaggle has announced strong financial results. The company saw a 30.4 percent rise in net profit for the January-March quarter...
Tata Power shares crash 7% after Q4. What are Goldman Sachs and Motilal Oswal saying?Tata Power shares dropped after its Q4 FY26 profit declined. Revenue also saw a year-on-year decrease. However, the company's renewable ene...
Tata Power Q4 Results: Profit slips 4% YoY to Rs 996 cr, revenue falls 13%Tata Power Q4 Results: Tata Power reported a consolidated net profit of Rs 996 crore for Q4 FY26, a 4% year-on-year decline, while revenue ...
JSW Energy shares plummet 8%; Q4 net profit rises 38% to Rs 574 crore, revenue up 41%JSW Energy share priced decline 8% on Tuesday. The company reported a 38% profit jump and 41% revenue growth year-on-year. Power sales volu...
JSW Energy Q4 Results: Cons profit rises 38% YoY to Rs 574 crore; revenue jumps 41%JSW Energy announced a significant 38% year-on-year increase in its consolidated net profit for the March-ended quarter, reaching Rs 574 cr...
Noida International Airport may lose fare edge over IGI despite UP’s fuel tax relief. Why?Flyers may not find cheaper flights from the new Noida International Airport as higher airport tariffs and passenger charges offset Uttar P...
Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...