Adani Energy H1 FY26: EBITDA up 13% to ₹4,144 Cr
Adani Energy Solutions delivers robust H1 FY26 performance with significant revenue growth, expanding consumer base, and strategic infrastructure development across India's power sector.
Category : Corporate News
Vodafone Idea Gets Supreme Court Relief in AGR Case
In a landmark decision, the Supreme Court grants Vodafone Idea significant relief in the AGR case, allowing staggered payments and breathing room for the telecom giant's survival.
Private Credit Lenders Acquire Controlling Stake in Netceed
In a dramatic financial takeover, private credit lenders have acquired controlling stake in Netceed, marking a significant shift in telecom infrastructure ownership and signaling growing private credit influence in corporate acquisitions.
TCS denies losing $1B Marks & Spencer contract
Tata Consultancy Services refutes claims of losing massive UK retail contract, clarifying position amid market speculation about cybersecurity incident impact.
SC Lets Centre Examine Vodafone Idea's AGR Plea
In a significant development for India's telecom sector, the Supreme Court has permitted the central government to examine Vodafone Idea's petition challenging the Department of Telecommunications' massive AGR dues. This decision could shape the future of
Supreme Court grants Vodafone Idea AGR relief
In a crucial development for India's telecom sector, the Supreme Court grants Vodafone Idea additional time to clear AGR dues, providing much-needed breathing space for the struggling operator.
Kay Cee Energy Revenue Jumps 119%, PAT Up 84% in H1 FY26
Kay Cee Energy Infra Limited reports stellar H1 FY26 performance with revenue surging 119% YOY and profit after tax climbing 84%, showcasing robust growth in India's energy infrastructure sector.
Ex-CJI Ramana to arbitrate Hero Energy dispute
Ex-CJI N.V. Ramana appointed as arbitrator in high-stakes legal battle over compensation between former CEO of Hero Future Energies and the company, involving cash relief versus ESOPs dispute worth crores.
Uncle Nearest Whiskey Faces Bankruptcy Crisis
Uncle Nearest Premium Whiskey, the acclaimed Black-owned spirits company, faces severe financial distress with potential Chapter 11 bankruptcy filing amid mounting debt and legal battles.
HLL Lifecare Pays Record ₹69.53 Cr Dividend, Revenue Up 20%
HLL Lifecare creates history with highest-ever dividend payout of ₹69.53 crore to government amid 20% revenue growth, marking a significant milestone for CPSE dividends.
HLL Lifecare Pays Record ₹69.5 Crore Dividend
HLL Lifecare, a Mini Ratna PSU, creates history by paying its highest-ever dividend of ₹69.5 crore to the government for FY 2024-25, showcasing exceptional financial performance and governance.
Hitchcock's Markets Closes All Florida Stores - 30% Off Sale
Florida's iconic Hitchcock's Markets chain announces permanent closure of all 10 locations. Everything must go with 30% clearance sale - end of an era for local shoppers.
Govt to hike print ad rates by 26% in media reforms
Major media reforms underway as Indian government prepares significant rate revisions for print, radio, TV, and DTH sectors to support industry growth.
Govt Plans 26% Ad Rate Hike for Print Media
In a significant move to support print media, the Indian government is considering a substantial 26% increase in advertisement rates, providing much-needed relief to newspapers and publications.
LIC denies Washington Post report on Adani investments
India's insurance giant LIC strongly refutes Washington Post allegations about Adani Group investments, asserting all decisions were made with integrity and thorough analysis. Full details inside.
Tamara Leisure appoints Shalini Warrier as Independent Director
Bangalore-based hospitality leader Tamara Leisure Experiences welcomes seasoned business leader Shalini Warrier to its board as Independent Director, bringing extensive corporate expertise to drive strategic growth.
India slams Western double standards on Russian oil
Commerce Minister Piyush Goyal challenges Western nations over selective criticism of India's Russian oil purchases while Germany, UK sought sanctions exemptions. Read about India's bold stance.
RIL adapts refinery ops to comply with Russia sanctions
Reliance Industries responds to Western sanctions on Russian crude, pledging full compliance while strategically adjusting refinery operations to maintain global market position.
Dr. Reddy's Q2 Earnings Beat Estimates, Revenue Rises
Dr. Reddy's Laboratories delivers stellar Q2 FY25 results, beating revenue and profit forecasts. Discover how their pharmaceutical business and nicotine replacement portfolio drove exceptional performance.
Microsoft exec sent animal genitalia photos to Epstein
Former Microsoft executive Michael Larson faces scrutiny for sending disturbing animal genitalia photographs to convicted sex offender Jeffrey Epstein in birthday correspondence, following similar controversies involving Bill Gates.
Target Eliminates 1,800 Corporate Jobs in Restructuring
US retail giant Target announces massive corporate workforce reduction of approximately 1,800 positions as part of strategic cost-cutting measures to revitalize business performance and adapt to changing market dynamics.
Target Slashes 1,800 Jobs in Major Restructuring
American retail giant Target Corporation announces its largest job cuts in 10 years, eliminating approximately 1,800 positions in a strategic cost-cutting move that signals changing retail dynamics.
Vedanta, Adani, Jindal, Dalmia Bid For Jaypee Cement
Corporate giants Vedanta, Adani Group, Jindal Power, and Dalmia Bharat are locked in a high-stakes battle to acquire Jaiprakash Associates' cement business through the insolvency process, marking one of India's most significant corporate recovery cases.
Companies Act Amendments: Ease of Doing Business Boost
Indian government to introduce significant Companies Act amendments in winter session, focusing on decriminalization, compliance reduction, and business facilitation reforms.
Infosys Buyback: Promoters Set for Tax Windfall
Infosys promoters Nandan Nilekani and Narayana Murthy are strategically positioned to save significantly on capital gains tax through the company's latest ₹9,300 crore share buyback. Discover how India's IT giants are leveraging buybacks for optimal wealt
Kiran Mazumdar-Shaw: "I Am a Proud Kannadiga"
Biocon founder Kiran Mazumdar-Shaw delivers powerful response to online trolls questioning her Kannadiga identity, reaffirming her deep roots in Karnataka with inspiring conviction.
Target cuts 1,800 jobs in sales revival restructuring
US retail giant Target announces significant workforce reduction affecting approximately 1,800 employees as part of comprehensive restructuring strategy to boost declining sales and operational efficiency.
Tata Trusts propose Mehli Mistry as lifetime trustee
In a significant governance move, Tata Trusts seek to reappoint Mehli Mistry as lifetime trustee, signaling continuity in leadership for India's most influential philanthropic foundation.
India Pushes for Domestic Audit Giants to Rival Big Four
Indian government launches strategic push to create domestic audit powerhouses through global partnerships, aiming to reduce reliance on international firms and boost local expertise in financial oversight.
Indian Refineries Halt Russian Oil Imports Over US Sanctions
Major Indian refiners including Reliance Industries and state-owned oil companies are suspending Russian oil imports following tightened US sanctions, signaling a significant shift in India's energy procurement strategy.
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