business

In a first in 30 years, Karnataka’s new Cabinet has no Brahmin minister. This political development under Congress government has sparked widespread debate on caste representation, inclusivity. The govt defends its composition, stating it prioritizes representation for OBC, SC, ST, minority communities, alongside electoral & regional factors. Karnataka’s latest Cabinet expansion has marked a significant … Read more

President Droupadi Murmu made a historic train journey from Bhubaneswar to Berhampur in Odisha, becoming the first sitting President to do so. The trip is part of her three-day visit, which includes temple visits and other official engagements. In a historic milestone for Odisha, President Droupadi Murmu, accompanied by Odisha Governor Hari Babu Kambhampati and … Read more

After BJP lost its Bankipur stronghold to Jan Suraaj Party’s Prashant Kishore, TMC MP Saugata Roy said the result reflects the anger of the people and Gen Z towards the BJP. The saffron party also lost in Datia but retained the Manjalpur seat. After the Bharatiya Janata Party (BJP) lost its stronghold, Bankipur in Bihar, … Read more

Mumbai: Uno Minda Ltd reported a consolidated net profit of ₹315.51 crore for the quarter ended 30 June 2026, marking an increase from ₹309.03 crore in the corresponding quarter last year. Revenue from Operations The consolidated revenue from operations for the first quarter of fiscal year 2027 stood at ₹5,556.85 crore. This is a rise … Read more

New Delhi: subscribed to 66.10 percent of the shares reserved for them in the Life Insurance Corporation of India (LIC) Offer-for-Sale (OFS) by noon on Tuesday. The government offered more than 28.46 crore LIC shares to institutional buyers at a floor price of Rs 382 per share. Strong Bidding Institutional investors placed bids for over … Read more

Mumbai: EIH Associated Hotels Limited on 4 August 2026 announced a standalone net profit after tax of ₹6.89 crore for the quarter ended 30 June 2026. This marks an 11.64% increase compared to ₹6.18 crore reported in the same quarter of the previous fiscal year. Revenue from Operations The standalone revenue from operations for the … Read more

New Delhi: Silver futures jumped by Rs 2,670 to Rs 2.19 lakh per kg on Tuesday tracking firm global trends amid optimism over industrial demand ahead of key US economic data that could offer clues on Federal Reserve’s interest rate trajectory. On the Multi Commodity Exchange, the white metal for September delivery increased by Rs 2,670, … Read more

The implementation of the Securities and Exchange Board of India’s (SEBI) new Closing Auction Session (CAS) has reignited a long-standing debate between global investors and domestic market participants over whether India’s equity markets have enough depth and liquidity to support an auction-based closing mechanism. The first day of CAS saw a sharp divergence in benchmark … Read more

Mumbai: Alembic Pharmaceuticals Limited on Monday announced its consolidated financial results for the first quarter of fiscal year 2026-27 (Q1 FY27), showing a rise in profit and revenue. Financial Performance The company’s consolidated net profit after tax rose to ₹175.33 crore for the quarter ended 30 June 2026, up from ₹156.53 crore reported in the … Read more

Mumbai: KKR-backed supply-chain operator Leap India Limited on Monday announced a price band of Rs 151-159 per equity share for its Rs 2,480-crore initial public offering, which will open for subscription on August 7. Investors can bid for a minimum of 94 equity shares and in multiples of the lot thereafter, the company announced at a … Read more