Udupi Shipyard to Deliver Sixth Eco Vessel by June
Udupi Cochin Shipyard Ltd (UCSL) is set to deliver the sixth Wilson Eco3800 vessel by June, extending its record of seven ocean-going ships in 358 days, a milestone in Indian shipbuilding.
Category : Business
Cognizant Q1 Revenue Up 6% to $5.41B, Margin to Expand
Cognizant reported a 6% revenue increase to $5.41 billion in the March quarter. The company forecasts full-year 2026 Adjusted Operating Margin of 16.0%-16.2%, marking 20-40 bps expansion.
Hyderabad Woman Arrested for Rs 6.5 Crore Real Estate and Chit Fund Scam
A 48-year-old woman from Hyderabad was arrested for allegedly cheating 10 people of Rs 6.5 crore through fake real estate and chit fund schemes. She had been on the run since 2020.
Systematic Investment Plan SIP Benefits and How It Works
A Systematic Investment Plan (SIP) allows investors to invest a fixed amount regularly in mutual funds, offering benefits like rupee cost averaging, power of compounding, and financial discipline.
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Bank Credit Growth at 17.1% in FY26, West Asia Crisis Hits Outlook
India's bank credit growth remains robust at 17.1% in FY26, but the West Asia crisis casts a shadow on near-term lending prospects, according to a government report.
Indian Bank Targets 95% Digital Transactions, Ram and Infrastructure Growth
Indian Bank MD Binod Kumar says Ram and infrastructure lending will drive growth, targeting 95% digital transactions. The bank focuses on technology and retail loans.
Cholamandalam MS Insurance FY26 PBT Rs 445 Crore
Cholamandalam MS General Insurance reported profit before tax of Rs 445 crore for FY26 and Rs 99.25 crore for Q4. Gross written premium grew 6.9% annually to Rs 8,904 crore.
Kevin Warsh Fed Nomination Approved by Senate Panel
Kevin Warsh's nomination to lead the Federal Reserve clears Senate Banking Committee on party-line vote. Full Senate confirmation expected next month, before Powell's term ends.
India Domestic Air Traffic Rises to 4.37 Crore in Q1
India's domestic air traffic reached 4.37 crore in the March quarter. In March alone, 1.44 crore passengers flew, but flight delays impacted 1.21 lakh travelers.
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Rupee Hits New Low at 94.88 Against US Dollar
The Indian rupee fell 20 paise to close at a fresh all-time low of 94.88 against the US dollar on Thursday, driven by strong dollar demand and foreign fund outflows.
For India to be strong, Indians must kindly adjust
India's growth requires citizens to make sacrifices and adjustments, fostering a collective spirit for national progress.
Bamul to send 2 lakh kg Nandini ghee to Tirupati monthly
Karnataka's Bamul will supply 2 lakh kg of Nandini ghee every month to Tirupati's Sri Venkateswara temple, boosting dairy farmers' income.
RBI Revises Norms for Bank Relief in Calamity-Hit Areas
RBI allows banks to extend relief measures to borrowers in calamity-hit areas without individual requests, effective July 1, 2026.
NRKs shift from Dubai to Kochi real estate amid tensions
Amid rising tensions in the Gulf, NRKs are increasingly investing in Kochi's real estate market, with prices surging 10-12% in prime areas and commercial properties seeing high demand.
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CM Yadav Pushes Horticulture Expansion for Global Recognition
Madhya Pradesh CM Dr. Yadav emphasizes expanding horticulture area for global recognition. MP leads in spice production, ranks third in flowers and vegetables, fourth in fruits. Ujjain to get a Centre of Excellence for Floriculture.
Oil Firms Lose Rs 18/L on Diesel, Rs 14 on Petrol: ICRA
ICRA reports that oil marketing companies are facing losses of Rs 18 per litre on diesel and Rs 14 per litre on petrol due to high crude prices and unchanged retail rates.
No Fuel Shortage in Telangana: Stocks Adequate
Union Minister G Kishan Reddy assures no fuel shortage in Telangana, stating stocks are adequate despite panic buying. He urges public not to hoard fuel.
Iran Crisis: India Must Boost Indigenous Chip Design
Sanjay Gupta of L&T says the Iran crisis is a wake-up call for India to accelerate indigenous semiconductor design and reduce reliance on imports.
Vedanta Posts Record Revenue, Profit in FY26; Q4 Profit Up 89%
Vedanta Ltd. reported record revenue and net profit for FY26, with quarterly profit surging 89% YoY. The mining giant's strong performance was driven by higher metal prices and operational efficiencies.
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Sigenergy Plans $150-200M Manufacturing Facility in India
Sigenergy, a Shanghai-based energy storage and solar solutions maker, plans to invest $150-200 million to set up a large-scale manufacturing facility in India, targeting the growing renewable energy market.
Sensex, Nifty Rebound Nearly 1% on Bargain Buying
Benchmark indices Sensex and Nifty rebounded nearly 1% on Wednesday, driven by bargain buying in FMCG, auto, and telecom shares, along with upbeat earnings and positive Asian cues.
FNP Unveils Mother's Day 2026 Collection for Thoughtful Gifts
FNP introduces its Mother's Day 2026 collection, offering personalized gifts like flowers, cakes, and hampers to celebrate every mother's love uniquely.
OB Gob Ice Cream Launches QCom First Brand for Home Sundaes
OB Gob Ice Cream launches QCom, the first ice cream brand focused on redefining at-home sundae indulgence with premium flavors and easy preparation.
Dhan Launches Gold Vaults for Retail Bullion Storage
Dhan introduces secure gold vaults for retail investors, offering insured storage and easy access to bullion, aiming to boost gold investment in India.
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The 40% Rule: Safe EMI Limit for Your Salary
Learn about the 40% rule to determine a safe EMI amount based on your salary. Avoid debt traps by keeping your monthly obligations within limits.
Magellanic Cloud $11M UAV JV for Make in India Defence
Magellanic Cloud Limited has announced an $11 million joint venture to manufacture UAVs, aligning with India's Make in India defence initiative and boosting indigenous drone production.
Ningbo Eco Integration at SCO Forum
Ningbo's ecological integration model was highlighted at the SCO forum, demonstrating sustainable urban development and green practices for regional cooperation.
Trivana by GHR USM South Hyderabad Gets IGBC Gold
Trivana, a boutique villa community in South Hyderabad, has earned the IGBC Pre-Certified Gold rating, highlighting its commitment to sustainable and eco-friendly construction.
SRM Autism Conference 2026: Tech Meets Human Care
The SRM Autism Conference 2026 calls for integrating technology with human-centred care to improve autism support and intervention strategies.
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Delhi NCR, Bengaluru Office Rentals Cross Rs 100/sq ft
Average office rentals in Delhi NCR and Bengaluru have surpassed Rs 100 per sq ft per month due to high demand and limited supply, impacting businesses.
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