LIC Dividend Transfer Sends ₹12,207 Crore to Centre
Key takeaways LIC handed the Centre a dividend cheque worth ₹12,207 crore. Finance Minister Nirmala Sitharaman received the payment. A…
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Category: Companies & Business
News on major companies, retail and consumer brands.
Bajaj Housing Finance Q1 profit rises 23% to ₹715 crore
Key takeaways Net profit rose 23% from a year earlier to ₹715 crore. Total income grew 17% in the April-to-June…
Nike China Sales Fall 30% as Local Brands Gain
Key takeaways Nike’s sales in China have dropped about 30%, CNBC reported. Chinese labels such as Anta and Li-Ning have…
Marvell Technology to invest $250 million in India, double headcount
Marvell Technology has announced plans to invest $250 million in India over the next five years, underscoring the country’s growing…
OfBusiness FY26 Results: Profit Reaches ₹724 Crore
Key takeaways OfBusiness reported ₹20,645 crore in revenue for FY26. Its consolidated profit stood at ₹724 crore. That works out…
Blackbuck Q1 Revenue Tops ₹200 Crore as Profit Rises
Key takeaways Revenue crossed ₹200 crore in the first quarter of FY27, Entrackr reported. Profit rose 24%, showing that earnings…
Vedanta Oil Gas Q1 Profit Reaches ₹945 Crore
Key takeaways Vedanta’s oil and gas business reported a ₹945 crore profit for the June quarter. It had recorded a…
Asian Paints Q1 Results: Profit Up 40%, Revenue Gains 18%
Key takeaways Asian Paints reported a 40% rise in quarterly net profit. Revenue grew 18%, beating market estimates. Net profit…
SML Mahindra to Acquire Mahindra & Mahindra’s Truck & Bus Division for ₹525 Crore
SML Mahindra Logistics Ltd. (formerly SML Isuzu) has agreed to acquire the Truck and Bus Division (TBD) of Mahindra &…
India overtakes China as world’s second-largest seafarer supplier
India has overtaken China to become the world’s second-largest supplier of seafarers, marking a significant milestone for the country’s maritime…