Business Insights
The Enforcement Directorate (ED) has issued fresh summons to Tina Ambani, wife of industrialist Anil Ambani, in connection with the alleged ₹40,000 crore bank fraud case involving the Reliance Group. Tina Ambani has been asked to appear before the ED headquarters in New Delhi on February 17, 2026, while Anil Ambani himself has been summoned…
Titan Company Ltd, part of the Tata Group, has reported a 61% year-on-year (YoY) surge in consolidated net profit to ₹1,684 crore for the October–December quarter of FY26. The company’s revenue from operations also rose 43% YoY to ₹25,416 crore, driven by strong festive demand, elevated gold prices, and robust performance across jewellery and consumer…
India’s oldest stock exchange, BSE Ltd, has reported stellar financial performance for the December quarter of FY26, with consolidated profit after tax (PAT) surging 174% year-on-year (YoY) to Rs 602 crore, compared to Rs 220 crore in the same period last year. Revenue from operations also jumped 62% YoY to Rs 1,244 crore, driven by…
The National Company Law Tribunal (NCLT) has approved the merger of Sanghi Industries Ltd. with Ambuja Cements Ltd., a company owned by the Adani Group, marking a significant consolidation in India’s cement sector. This merger is expected to strengthen Ambuja’s market presence, expand production capacity, and enhance its footprint in western India, particularly Gujarat, where…
The Enforcement Directorate (ED) has intensified its investigation into alleged financial irregularities involving industrialist Anil Ambani, forming a Special Investigation Team (SIT) to probe the matter. In a significant development, the ED has also summoned Ambani’s wife, Tina Ambani, for questioning, signaling that the probe is widening to cover family members and associated entities. Key…
Kalyan Jewellers India Ltd. has reported a stellar performance in its Q3 FY2026 results, with Profit After Tax (PAT) surging 90% year-on-year, driven by strong festive demand, expansion of retail outlets, and robust consumer sentiment in the jewellery sector. The company’s shares have come into sharp focus as investors cheer the impressive growth trajectory. Key…
India’s domestic spirits manufacturers have raised concerns over the recently concluded India-US trade agreement, urging the government to ensure fair play in the sector. With tariff reductions and expanded market access forming the backbone of the deal, local producers fear that multinational liquor companies may gain disproportionate advantages, potentially undermining India’s indigenous spirits industry. Key…
Hindustan Copper Limited (HCL) has announced its financial results for the third quarter (Q3) of FY26, reporting a significant rise in consolidated profit after tax (PAT) and total income. Alongside the strong performance, the company has declared an interim dividend of Re 1 per share, reinforcing its commitment to shareholder value. The results highlight HCL’s…
India’s largest fuel retailer and refining company, IndianOil Corporation (IOC), has reported record crude throughput and sales volumes in the first nine months of the financial year 2025-26 (FY26). The performance underscores the company’s strong operational resilience, robust demand for petroleum products, and its ability to maintain leadership in India’s energy sector despite global volatility…
InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, witnessed a decline of 2.5% in its share price after the Competition Commission of India (CCI) ordered a detailed investigation into alleged unfair business practices. The probe comes at a time when IndiGo, India’s largest airline by market share, has been expanding aggressively in both domestic…
