Business Insights
Pharma major Lupin Limited reported a stellar performance in its Q3FY26 results, with net profit surging 37.4% year-on-year to Rs 1,215 crore, driven by robust demand in the United States and emerging markets. The company’s revenue growth was supported by strong generics sales, new product launches, and improved operational efficiency. Key Highlights of Q3FY26 Drivers…
Oil and Natural Gas Corporation (ONGC), India’s largest energy explorer, announced its Q3 FY26 results, reporting a 16.7% year-on-year rise in net profit to Rs 10,015 crore. The company also declared a dividend of Rs 6.25 per share, with the record date set for February 18, 2026. Despite modest revenue growth of 0.1%, ONGC’s strong…
Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, reported a 4.3% revenue growth in its Q3 results, driven by lower inflationary pressures and the benefits of recent Goods and Services Tax (GST) cuts. The company’s performance reflects resilience in consumer demand and strategic pricing adjustments amid a challenging economic environment. Background of…
Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, has announced its plan to acquire a 49% stake in Zywie, a leading player in the health and wellness segment, for ₹824 crore. This strategic move underscores HUL’s commitment to expanding its footprint in the rapidly growing health and wellbeing sector, which has seen…
Kumaraguru Paper and Packaging Limited (KPPL) is preparing for a transformative leap in its operations as the Union Cabinet has cleared a ₹741-crore expansion plan. This ambitious project is expected to significantly enhance production capacity, strengthen India’s packaging industry, and create new employment opportunities. The expansion aligns with the government’s broader vision of boosting domestic…
Happiest Minds Technologies, one of India’s fastest-growing IT services companies, found itself in the spotlight after reports surfaced suggesting a possible stake sale by its Executive Chairman, Ashok Soota. However, Soota has firmly dismissed these speculations, reiterating his long-term commitment to the company and its vision. His response has reassured investors and employees alike, reinforcing…
In a landmark decision, the Government of India has amended its foreign direct investment (FDI) policy to allow up to 20% FDI in Life Insurance Corporation of India (LIC). This move is expected to attract global investors, strengthen India’s insurance sector, and boost confidence in the country’s economic reforms. The amendment comes at a crucial…
Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, announced its financial results for the third quarter of fiscal year 2026, showcasing a remarkable performance that has caught the attention of investors and analysts alike. The company reported that its net profit more than doubled to ₹6,603 crore, while revenue grew by 5%…
Adani Enterprises Ltd has confirmed that it is in voluntary discussions with the US Office of Foreign Assets (OFA) following allegations raised in a Wall Street Journal report last year. The report claimed that billionaire Gautam Adani sought to influence the Trump administration to drop bribery charges against him. The company clarified that the OFA’s…
Aditya Birla Group chairman Kumar Mangalam Birla has increased his personal stake in Vodafone Idea Ltd through open market purchases worth ₹66.18 crore, signaling strong promoter confidence in the telecom operator’s revival strategy. The acquisitions were made in multiple tranches between late January and the first week of February 2026, according to stock exchange disclosures….
