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AIG Exceeds Second-Quarter Profit Expectations Amid Strong Underwriting Performance
Posted inBusiness Insights

AIG Exceeds Second-Quarter Profit Expectations Amid Strong Underwriting Performance

American International Group (AIG) has reported second-quarter financial results that surpassed Wall Street expectations, driven primarily by robust underwriting performance in its general insurance division. The global insurer announced these…
Posted by Prasenjit Bhowmik August 7, 2026
Rivian Optimizes Financial Outlook with Reduced 2026 Spending and Narrowed Loss Guidance
Posted inEmerging Market

Rivian Optimizes Financial Outlook with Reduced 2026 Spending and Narrowed Loss Guidance

Rivian Automotive has announced a strategic revision of its long-term capital expenditure plans and a tightening of its financial projections for the current fiscal year. The California-based electric vehicle manufacturer…
Posted by Prasenjit Bhowmik July 31, 2026
Tata Consumer Products Reports 29% Profit Surge Driven by Strong Volume Growth
Posted inBusiness Insights

Tata Consumer Products Reports 29% Profit Surge Driven by Strong Volume Growth

Tata Consumer Products Limited (TCPL) reported a robust 29 percent year-on-year increase in consolidated net profit for the recent financial quarter, propelled by significant volume growth across its core beverage…
Posted by Prasenjit Bhowmik July 25, 2026
Orient Cement Q1 Profit Plunges 62% as Revenue Drops Amid Industry Headwinds
Posted inBusiness Insights

Orient Cement Q1 Profit Plunges 62% as Revenue Drops Amid Industry Headwinds

Orient Cement faces a sharp 62 percent profit drop in Q1 as rising costs and weak demand hit revenue, triggering a slide in its share price.
Posted by Prasenjit Bhowmik July 24, 2026
ICICI Bank Reports 16% Profit Surge to ₹14,804 Crore in Q1 2026
Posted inMarket

ICICI Bank Reports 16% Profit Surge to ₹14,804 Crore in Q1 2026

On July 18, 2026, Mumbai-based ICICI Bank announced a robust 16% year-on-year surge in net profit to ₹14,804.50 crore for the first quarter of fiscal year 2026 (Q1 2026). The…
Posted by Prasenjit Bhowmik July 19, 2026
Lucid Dismisses Bankruptcy and Privatization Rumors Following Stock Plunge
Posted inEmerging Market

Lucid Dismisses Bankruptcy and Privatization Rumors Following Stock Plunge

Lucid Group Inc. on Tuesday officially dismissed a media report claiming the luxury electric vehicle manufacturer is exploring restructuring options, including filing for bankruptcy protection or transitioning back to a…
Posted by Prasenjit Bhowmik July 15, 2026
Goldman Sachs Secures $70 Billion Pension Mandate in Fierce Asset Management Race
Posted inEmerging Market

Goldman Sachs Secures $70 Billion Pension Mandate in Fierce Asset Management Race

Goldman Sachs expands its asset management dominance by securing a massive $70 billion pension mandate from Verizon and Lockheed Martin.
Posted by Prasenjit Bhowmik July 9, 2026
GK Energy Targets FY27 Growth Milestone Backed by Robust ₹1,000-Crore Order Book
Posted inBusiness Insights

GK Energy Targets FY27 Growth Milestone Backed by Robust ₹1,000-Crore Order Book

Strategic Expansion and Revenue ProjectionsGK Energy, a prominent player in the renewable sector, has announced a significant milestone with a confirmed order book valued at ₹1,000 crore, positioning the company…
Posted by Prasenjit Bhowmik July 8, 2026
The Great Divergence: Reliance Industries Surpasses India's Tech Giants in Market Valuation
Posted inBusiness Insights

The Great Divergence: Reliance Industries Surpasses India’s Tech Giants in Market Valuation

Reliance Industries now outranks India's top five IT firms combined in market value, signaling a major shift in the nation's corporate power dynamics.
Posted by Prasenjit Bhowmik July 4, 2026
ITAT Clarifies Bad Debt Deductions Amid Ongoing Recovery Proceedings
Posted inEconomy

ITAT Clarifies Bad Debt Deductions Amid Ongoing Recovery Proceedings

A Definitive Ruling on Tax DeductibilityThe Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) recently issued a landmark ruling, confirming that businesses may claim a bad debt deduction once…
Posted by Prasenjit Bhowmik July 4, 2026

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