Jio Financial Q3 Profit Falls 9% to ₹269 Crore
Jio Financial Services reports a 9% year-on-year drop in Q3 profit, reaching ₹269 crore. The company's latest quarterly results show a decline in earnings.
Category : Corporate News
Ambani, Telcos Spar with Navi Mumbai Airport on Networks
Billionaire Mukesh Ambani and telecom companies dispute mobile network access at Navi Mumbai airport, which started operations in December under Adani's portfolio.
Ericsson to Cut 1,600 Jobs in Sweden for Cost Efficiency
Ericsson announces 1,600 job reductions in Sweden as part of global cost-cutting measures. The telecom giant aims to maintain tech leadership while improving operational efficiency.
Quick Commerce Discount Wars Delay Margin Recovery: UBS
UBS report reveals discount wars in India's quick commerce sector have intensified, delaying margin recovery. Amazon and Zepto lead aggressive promotions while Blinkit remains cautious.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Labour Codes Hit IT Giants' Q3 Profits Hard
India's top IT companies TCS, Infosys, HCLTech and Tata Elxsi report steep profit declines in Q3 FY26 due to one-time charges from new labour code implementation.
Flipkart, Meta Fined for Walkie-Talkie Listings
CCPA penalizes Flipkart and Meta ₹10 lakh each for selling walkie-talkies without regulatory disclosures. The crackdown highlights e-commerce platforms' responsibility for compliance.
TCS Q3 Results: Revenue Growth and Large Deals
Tata Consultancy Services posts a 0.6% sequential revenue growth in constant currency for Q3, with large deal wins totaling $4.8 billion, including a $2.2 billion mega-deal.
Infosys CEO Denies US ICE Detention Rumors
Infosys CEO Salil Parekh clarifies that no employee was apprehended by US authorities, but one was denied entry and sent back to India months ago.
Aman Gupta on Lenskart Valuation, Shark Tank Relationships
Shark Tank India's Aman Gupta shares candid views on Peyush Bansal's Lenskart valuation, evolving friendships with Anupam Mittal, and staying connected with Ashneer Grover.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Reliance Q3 Earnings: Investors Want Jio IPO, Project Timelines
Reliance Industries is expected to report strong Q3 earnings with 15% profit growth. Investors are focused on firm timelines for the Jio IPO and progress in new energy and consumer businesses.
Ericsson to Cut 1,600 Jobs in Sweden
Telecom equipment giant Ericsson confirms plans to lay off approximately 1,600 employees in Sweden as part of restructuring efforts announced on Thursday.
Jio Q3 Preview: 5G Monetization in Focus as Buildout Eases
Reliance Jio enters a consolidation phase with steady subscriber growth and incremental ARPU gains. Analysts expect modest revenue growth ahead of potential 2026 listing.
Sebi Questions Sterlite Electric IPO Over Agarwal's Promoter Role
India's market regulator Sebi has asked Sterlite Electric for details on ownership structure and Anil Agarwal's promoter designation despite no direct equity. The IPO faces delays amid family disclosure issues.
Gates Foundation Starts Restructuring, Plans Staff Cuts
The Bill & Melinda Gates Foundation announces a $9 billion budget for 2026 while planning to reduce up to 500 positions over five years as it prepares for eventual closure by 2045.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Glue Employees: Unsung Heroes Who Deserve Recognition
Glue employees quietly hold teams together, help new recruits, and ensure projects succeed without seeking credit. Employers who formally recognize these vital workers can achieve superior team cohesion and results.
Malaysia Airlines Partners with Mumbai Indians for Growth
Malaysia Airlines has announced a strategic partnership with the Mumbai Indians, India's premier cricket team, to enhance its presence in India and expand globally.
Infosys CEO Debunks Viral ICE Detention Claims for Employee
Infosys CEO Salil Parekh clarified that no employee was apprehended by US ICE, addressing viral social media posts about a detention case. He confirmed one employee was denied entry months ago.
Dimon-Trump Truce Cracks Over Fed Chair Powell Dispute
JPMorgan CEO Jamie Dimon carefully rebuilt his relationship with President Trump, but a public clash over Federal Reserve independence threatens to shatter it again, revealing the delicate dance between corporate America and the administration.
Consumers Support Govt on 10-Min Delivery, Want Speed for Medicines
A new survey reveals 74% of consumers support the government's push to remove 10-minute delivery promises. Most want quick delivery only for medicines and essentials, citing rider safety concerns.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
KKR Closes $2.5B Asia-Pacific Credit Fund
Global investment firm KKR has successfully closed its second Asia-Pacific performing credit fund with $2.5 billion in capital. The fund has already deployed more than half of this amount across ten strategic investments.
IndiGo Crisis: DGCA Slept, CCI Silent on Woes
The DGCA and CCI failed to act during IndiGo's recent crisis, raising questions about regulatory oversight in India's aviation sector as the airline faced operational and financial challenges.
RIIL Q3 FY26 profit up 9.9% YoY to Rs 3.01 crore
Reliance Industrial Infrastructure Ltd reports a 9.9% year-on-year rise in net profit for Q3 FY26, reaching Rs 3.01 crore. The company's financial performance shows steady growth.
Infosys Under US DoJ Investigation for H-1B Visa Issues
The US Department of Justice is investigating Infosys over how it classified certain H-1B visa employees in immigration documents. The company faces potential penalties, recalling past settlements.
Infosys Outperforms TCS, Ups Revenue Guidance
Infosys shares surged 8% on NYSE after reporting better-than-expected sales and upgrading its FY26 revenue growth forecast to 3%-3.5%, driven by large deal wins.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Maharashtra Tops NITI Aayog Export Index, Uttarakhand Leads Small States
Maharashtra emerged as the top performer among large states in NITI Aayog's Export Preparedness Index 2024, with Uttarakhand leading among small states and UTs.
Gentari India Stake Sale Attracts Global Bidders
Global firms Macquarie, Actis, and Sembcorp are evaluating bids for a 50% stake in Gentari's India renewable energy business, valued at $2-2.5 billion.
Amazon Appeals Italian Antitrust Fine, Claims No Wrongdoing
Amazon announces appeal against Italian court's reduced antitrust fine, arguing it should pay nothing. The legal battle continues as regulator seeks original higher penalty.
Union Urges Quick Commerce to Scrap 10-Minute Deliveries
A workers' union in Karnataka calls on all quick commerce companies to withdraw 10-minute delivery models, citing concerns over worker welfare and arbitrary ID blocking practices.
India Gets $51 Billion FDI in H1 FY26
India has secured $51 billion in foreign direct investment during the first half of the 2025-26 financial year, according to the latest data from DPIIT.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Saks Real Estate Could Be Key in Bankruptcy Restructuring
Saks Global's prime real estate portfolio could provide crucial leverage with lenders during bankruptcy. The luxury retailer may monetize assets through sale-leaseback deals while navigating vendor challenges.
Page 165 of 207
