M&M FY26 Profit Up 35%, Targets 18-20% EV Sales by FY27
Mahindra & Mahindra reported a 35% rise in FY26 profit and plans to achieve 18-20% electric vehicle sales share by FY27, driven by new EV models and strong SUV demand.
Category : Business
Indian Banking Sector Faces Profitability Squeeze: McKinsey
A McKinsey report warns that Indian banks face a structural profitability squeeze due to rising costs and credit risks, urging strategic shifts for sustainability.
India's First Digital Mental Math Championship Ends in Mumbai
The groundbreaking fully digital mental math championship concluded in Mumbai, showcasing exceptional talent and innovation in arithmetic skills across India.
UP Cabinet Approves Rs 547 Crore Road for Textile Park
The Uttar Pradesh cabinet approved Rs 547 crore for a six-lane road connecting Atari to IIM road via Raitha, improving access to the upcoming textile park in Malihabad. The 23km stretch will link the park to key routes and reduce travel time to Amausi air
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Smallcap Stock Surges After Securing Chhattisgarh Order
A smallcap company's stock surged after securing an order from the Chhattisgarh Environment Conservation Board, boosting investor sentiment and market activity.
Dell Relocates Legal Base from Delaware to Texas
Dell Technologies announced it will move its state of incorporation from Delaware to Texas, aligning its legal home with its headquarters and operations. Governor Abbott welcomed the move.
Iraq Offers Deep Oil Discounts Amid Hormuz Disruptions
Iraq slashes crude prices by up to $33.40 per barrel for May loadings, but buyers must still ship via the troubled Strait of Hormuz amid geopolitical tensions.
LDA Atal Nagar: 10-Year Plan at 7% Interest
Lucknow Development Authority revises Atal Nagar payment terms, offering 10-year instalments at 7% interest. 630 unsold units available for registration from April 18 to May 17, 2026.
Healthcare Stock Hits 52-Week High After Subsidiary News
A healthcare stock surged to a 52-week high after announcing a step-down subsidiary. Check the share price details and market reaction.
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RBI Rate Cuts Partially Passed On to Borrowers in FY26
A report reveals that RBI's rate cuts in FY26 were only partly transmitted to borrowers, with lending rates falling but not fully reflecting the central bank's actions.
AC Prices to Rise Further Amid New Norms and Input Costs
Blue Star's MD warns that AC prices will increase due to stricter energy efficiency norms and rising raw material costs, impacting consumer budgets.
Manoj Kohli Joins Alt DRX Advisory Board
Former SoftBank India head Manoj Kohli joins Alt DRX's advisory board, signalling a major step for asset tokenisation in India. This move is expected to accelerate blockchain-based asset trading.
India Fifth Most Spam-Affected Nation: Truecaller
India is the fifth most spam-affected nation globally, according to Truecaller's latest report, with over 20 billion spam calls in 2024.
StanChart Expands Gulf Wealth, Boosts Taiwan SE Asia Teams
Standard Chartered plans to expand its Gulf wealth operation with new bankers in Dubai and Abu Dhabi, and boost teams in Taiwan and Southeast Asia, citing inflows from rival lenders amid the Iran crisis.
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Audi Fears Major Tariff Impact Ahead of US SUV Launch
Audi warns that proposed 25% US tariffs on EU cars could significantly impact its business as it prepares to launch a new SUV in the American market.
Samsung Launches 2026 Mobile Advance Startup Programme in India
Samsung R&D institutes in Bangalore and Noida launch the 2026 Samsung Mobile Advance programme, offering up to $50,000 in grant funding for deep-tech startups to develop mobile innovations in AI, XR, health, and more.
Ganga Expressway Built Without Loans: Yogi Adityanath
Uttar Pradesh CM Yogi Adityanath said the Ganga Expressway was built without bank loans, reflecting the state's improved financial discipline. Over Rs 36,000 crore was spent, with total expenditure exceeding Rs 42,000 crore including industrial clusters.
Delhi Traffic Offenders May Face Licence Suspension
Delhi government announces new traffic rules where repeat offenders may get their driving licence suspended. Know the details and penalties.
No Govt Support for Fuel Retailers on Petrol, Diesel Losses
The Indian government confirms no financial backing for state-run fuel retailers' losses from selling petrol, diesel, and ATF below cost amid rising crude prices.
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2026 Force Traveller N Range Launched with New Design
Force Motors unveils the 2026 Traveller N Range with redesigned cabin, enhanced comfort, and improved powertrain. Bookings start mid-May.
SED Wins VA Tech Wabag Contract for Solar Wastewater
SED has secured a contract from VA Tech Wabag for a solar manufacturing wastewater recovery project, enhancing sustainable water management in the solar industry.
Apollo Hospitals Launches Advanced Bone Regeneration for Diabetics
Apollo Hospitals introduces a novel bone regeneration solution for diabetic and complex bone infections, aiming to reduce amputations and improve healing outcomes.
NHAI Road Award Slowdown Deepens, FY27 Outlook Challenging
NHAI's road award slowdown continues into FY26, with Nuvama warning of a challenging FY27 outlook due to weak private sector interest and financing constraints.
Shreyas Group Promotes Entrepreneurship
Shreyas Group announces a new initiative to support and promote entrepreneurship, aiming to empower aspiring business leaders with resources and mentorship.
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Carrier Global to set up ₹1,000-cr plant in Andhra's Sri City
US-based HVAC major Carrier Global Corp will establish a large-scale manufacturing facility in Sri City, Andhra Pradesh, with an investment of ₹1,000 crore, creating over 3,000 jobs.
JLR Cuts Range Rover Prices by Up to Rs 75 Lakh Under FTA
Jaguar Land Rover India reduces Range Rover SV price by Rs 75 lakh and Range Rover Sport SV by Rs 40 lakh, passing on benefits of the India-UK Free Trade Agreement to buyers.
Synapse Order Prequel Expands India's First Light Novel Series
Chinmay Rathee's Synapse Order, India's first original light novel series, expands with a new prequel release, delving into the origins of its cyberpunk world.
Col Liz Hunt: Bridging Legacy Enterprise and Digital Innovation
Colonel Liz Hunt shares insights on integrating digital innovation with legacy enterprise systems, driving transformation in modern organizations.
Why SPF Alone Isn't Enough in Indian Summers
Indian summers demand more than just SPF; experts recommend combining sunscreen with protective clothing, antioxidants, and proper reapplication for effective sun protection.
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Consistent Skincare Routines: Key to Lasting Skin Health
Discover how consistent skincare habits are revolutionizing beauty routines, promoting long-term skin health and radiance beyond quick fixes.
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