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FINANCIAL OPERATIONS
IPO-bound Kuku turns profitable as FY26 revenue jumps sixfold to Rs 1,484 croreThe company reported revenue from operations of Rs 1,484.2 crore, up 514% from Rs 241.6 crore a year earlier, per its audited financial sta...- Anup Saha: A grounded operator with a head for numbersAnup Kumar Saha is set to take over as the CEO of Kotak Mahindra Bank in January 2027. His leadership style includes a focus on short meeti...
- Global memory deficit set to prolong Korean chip supercycle through 2028The projection gained ground after US-based Micron Technology reported that over 75 per cent of its planned production for fiscal 2027 stoo...
- TCIL pays Rs 43.86 crore dividend to government for FY26; profit after tax at Rs 146 croreTelecommunications Consultants India Ltd has paid a dividend of Rs 43.86 crore to the Government of India. This payment follows an operatin...
- Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
- In 2015, a Chicago entrepreneur invested $5,000 in a CFO side hustle; years later, it became a seven-figure business with 16 staffJohn Frank started Third Road Management after finding an opportunity to offer strategic, financial and operational aid to small and mid-si...
- Gas maker Inox Air Products files IPO papers with Sebi, public issue to entirely comprise OFSInox Air Products has filed IPO papers with Sebi for an issue entirely comprising an OFS of 7.7 crore shares, with no fresh issue component...
- Inox Clean Energy files DRHP for Rs 10,000 crore IPO. Check detailsInox Clean Energy has filed its DRHP for a Rs 10,000 crore IPO with Sebi. The issue includes a Rs 8,000 crore fresh share sale and Rs 2,000...
- Shiva Cement to merge with JSW Cement; board approves 5:41 swap ratioThe board of JSW Cement has approved a scheme of arrangement, including the amalgamation of Shiva Cement with and into JSW Cement, the comp...
- Jio Financial, Allianz pump Rs 640 crore into general insurance JV via rights issueJio Financial Services and Allianz Europe B.V. have each invested Rs 320.05 crore in Jio Allianz General Insurance through a rights issue, ...
- Rs 3,000 crore drugs seized from Iranian boat in Arabian Sea; 5 Pak nationals detainedThe Indian Coast Guard conducted an operation on September 25, resulting in the seizure of significant drugs. Five Pakistani nationals were...
- Astana International Financial Centre explores to partner with India's GIFT CityAstana International Financial Centre is exploring potential collaboration with India's GIFT city due to regional proximity. This partnersh...
- DoorDash opens first India Office, plans to scale tech, support team to 3,000The company is starting with 500 professionals and plans to scale its headcount to more than 3,000 within next two years, a company release...
- Inox Clean Energy files DRHP for Rs 10,000 crore IPO, largest in Indian private sector renewable energy spaceInox Clean Energy has filed for a Rs 10,000-crore IPO, comprising a fresh issue of up to Rs 8,000 crore and an OFS of up to Rs 2,000 crore,...
- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsGiven the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term head...
- ED raids 15 premises in Kolkata, covers former Minister Indranil Sen, associates in MassArt financial irregularities caseThe Enforcement Directorate executed search and seizure operations at 15 locations linked to MassArt Society's financial irregularities. Th...
- Air India's new chief sets sights on higher revenue and cost curbs at first town hallAir India's new CEO Tewolde Gebremariam highlights the importance of financial performance and cost management for the airline. He aims to ...
- Shah Investor's Home IPO opens today. Check GMP, price band and other key detailsShah Investor's Home IPO opens for subscription on September 28, with the Rs 90.17-crore issue commanding a 5% GMP. The book-built issue co...
- The company reported a Rs. 162 crore loss. It actually lost nearly Rs. 8,000 crore. Where, and how, did it hide the loss?There is a legal way to make a loss-making company look profitable, and it turns on a single label almost nobody questions. Once it's appli...
- JPMorgan to double GIFT City business as $1 billion book expandsJPMorgan Chase & Co. plans to expand its operations at Gujarat's GIFT City in the next few years. The bank aims to double its business in a...
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