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Too many trucks, too many zeros: Army audit drive exposes flaws as Pentagon nears 2028 goalThe Pentagon aims for its first clean financial audit by 2028. New systems are uncovering numerous data entry errors in financial records. ...
S&P raises Pakistan's sovereign rating to 'B'S&P upgraded Pakistan's rating to 'B' from 'B-'. This upgrade reflects improved institutional stability and key IMF-backed reforms. Reforms...
Mahindra Finance Q1 Results: Profit jumps 75% to Rs 927 crore on higher interest margin, lower provisionsMahindra and Mahindra Financial Services has experienced a remarkable seventy-five percent surge in net profit, driven by enhanced net inte...
Aurum PropTech Q1 income up 57%; logs third straight profitable quarterAurum PropTech achieved a 57% income increase and third consecutive profitable quarter. The company accelerated AI initiatives and acquired...
Grasim invested Rs 74,000 cr as capex in last 5 years: Kumar Mangalam BirlaGrasim Industries invested Rs 74,000 crore in capital expenditure over five years. This outlay shows confidence in long-term demand and Ind...
Clients seek up to 40% discount on IT contractsThis trend is likely to persist for the next two-three years, according to industry watchers. It was also reflected in the flattish sequent...
UltraTech Cement Q1 Results: Cons profit jumps 17% YoY to Rs 2,599 crore; revenue rises 16%UltraTech Cement Q1 Results: UltraTech reported a 17% YoY rise in Q1FY27 consolidated net profit to Rs 2,599 crore, while revenue increased...
BBBump it up, boys! The great Indian economic rating puzzleIndia's fiscal discipline has improved significantly, supported by strong economic growth. Government deficit has narrowed while growth con...
JK Cement Q1 profit drops 15.3% YoY to Rs 274.62 croreJK Cement Ltd reported a 15.3 percent decline in net profit for the June quarter. The company posted Rs 274.62 crore profit, down from Rs 3...
RIL's Q1 operational revenue hits milestone with 25% YoY jumpReliance Industries saw a twenty-five percent profit drop in the June quarter. Revenue from operations increased twenty-five percent, cross...
JSW Steel’s Q1 profit soars 2x YoY on robust topline growthJSW Steel's profit more than doubled year-on-year to 4,696 crore in the June quarter. Robust revenue growth and higher volumes aided the co...
JSW Steel’s profit doubles on revenue growth, beats estimatesJSW Steel's profit more than doubled year-on-year to Rs 4,696 crore in the June quarter. Robust revenue growth and lower finance costs aide...
EU wants bigger banks to rival US lendersThe European Union desires larger banks to enhance global competitiveness. Brussels aims to ease banking regulations and lower capital requ...
Tata Technologies Q1 Results: Profit rises 6% to Rs 180 croreTata Technologies has achieved an impressive 6.2 percent increase in profits for the June quarter, alongside a notable rise in consolidated...
Uber to gobble up Delivery Hero in latest food delivery dealThe German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to "quick commerce", delivering...
BHEL reports Rs 376.71 crore profit for Q1FY27Bharat Heavy Electricals Ltd posted a profit of Rs 376.71 crore for the June quarter. This marks a substantial recovery from the Rs 455.50 ...
HCLTech to invest Rs 3,500 crore in data centre businessThis came alongside the announcement of the IT company's June quarter result. HCLTech posted over 20% year-on-year rise in its consolidated...