Trump Car Tariffs Cut US Imports and Exports by 20%
Key takeaways US car imports and exports have each fallen about 20% in 2026. Trump car tariffs are taxes charged…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Lenskart Profit Jumps 3.7X to ₹228 Crore in Q1, Revenue Grows 34%
Lenskart posted a Q1 FY27 profit of ₹228.4 crore, up 182.3% year-on-year, as prescription eyewear demand and store expansion drove…
Rakuten Quarterly Profit Ends Six-Year Wait
Key takeaways Rakuten reported its first quarterly net income in about six years. Investment gains helped push the group into…
Karnataka Imposes 1-Year Ban on Gutkha and Pan Masala Sales
Karnataka has banned the manufacture, storage, sale and transport of gutkha and pan masala containing tobacco or nicotine for one…
HAL Q1 Profit Rises 15% to ₹1,581 Crore as Revenue Climbs 14%
Hindustan Aeronautics (HAL) reported a 15% rise in Q1 FY27 net profit to ₹1,581 crore, with revenue up 14.4% to…
Microfinance Loans Above ₹1 Lakh Rise 89.8%
Key takeaways Loans above ₹1 lakh grew 89.8%, according to the reported data. Disbursements of smaller loans declined during the…
Jane Street Swaps $5.6B Bonds for $14.6B Senior Secured Notes
Jane Street is refinancing existing borrowings into a much larger pool of senior secured notes, reflecting the market-making firm's growing…
US Federal Deficit Set to Hit $2.1 Trillion as Spending Outpaces Tax Revenue
The US deficit is projected to reach $2.1 trillion in fiscal 2026, the CBO says, as spending and interest costs…
India’s Top 300 Family Businesses Reach $1.46 Trillion Valuation
India's 300 most valuable family businesses are now worth ₹138 lakh crore ($1.46 trillion), led by the Ambani family, the…
Matrimony Q1 Profit Jumps 2.2X to ₹19.1 Crore, Revenue Up 13%
Matrimony.com more than doubled Q1 FY27 net profit to ₹19.1 crore as operating revenue rose 13% to ₹130.5 crore on…