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Category: Business

Business

Ashok Layland Q4 PAT rises 14% to ₹1,291 crore

Posted on May 29, 2026 By admin
Ashok Layland Q4 PAT rises 14% to ₹1,291 crore

Logo of Ashok Leyland Ltd., in Hyderabad. File | Photo Credit: The Hindu Ashok Leyland Ltd., for the fourth quarter (Q4), reported 14% growth in Profit After Tax (PAT) at ₹1,291 crore (profit attributed to owners of the company) over ₹1,130 crore in the same period last year. During the quarter the company’s revenue from…

Read More “Ashok Layland Q4 PAT rises 14% to ₹1,291 crore” »

Business

Concert economy to fuel growth in audio visual, lighting industry, say industry experts

Posted on May 28, 2026 By admin
Concert economy to fuel growth in audio visual, lighting industry, say industry experts

India’s professional audio, audio visual (AV), lighting, live entertainment, and systems integration industry is set to get a quantum boost by the “concert economy’ that has gained prominence in the past few years said industry executives. Concert economy is defined by live events, music events at pubs and hotels, marriage events and audio visual and…

Read More “Concert economy to fuel growth in audio visual, lighting industry, say industry experts” »

Business

FIIs continue sell-off albeit slower in May 2026

Posted on May 28, 2026 By admin
FIIs continue sell-off albeit slower in May 2026

Image used for representational purposes. File | Photo Credit: Reuters Foreign institutional investors sold ₹34,469 crore in equities as of May 28 2026, according to NSDL data. This is the fourth month of sell-off in Indian equities in the calendar year, with the third consecutive one beginning in March 2026. As of May 2026, foreign…

Read More “FIIs continue sell-off albeit slower in May 2026” »

Business

Royal Enfield launches Bullet 650 at ₹3,64,856

Posted on May 28, 2026 By admin
Royal Enfield launches Bullet 650 at ₹3,64,856

Royal Enfield Bullet 650 | Photo Credit: Special Arrangement Royal Enfield, the global leader in the mid-size motorcycle segment (250cc–750cc), has announced the launch of its iconic motorcycle ‘Bullet’ in 650cc capacity in India at ex-showroom price of ₹3,64,856. “First introduced in 1932, the Bullet is a cultural mainstay. The world’s longest-running motorcycle in continuous…

Read More “Royal Enfield launches Bullet 650 at ₹3,64,856” »

Business

Coal gasification can help substitute imports of up to ₹3 lakh crore, says Union Coal Minister G. Kishan Reddy

Posted on May 28, 2026 By admin
Coal gasification can help substitute imports of up to ₹3 lakh crore, says Union Coal Minister G. Kishan Reddy

Union Coal Minister G. Kishan Reddy addresses the Roadshow on Promotion of Surface Coal/Lignite Gasification Projects in New Delhi on | Photo Credit: X/kishanreddybjp Coal gasification can help substitute imports of up to ₹3 lakh crore, stated Union Coal Minister G. Kishan Reddy, adding, the sustainable mining method also extends to ensuring self-reliance for India’s…

Read More “Coal gasification can help substitute imports of up to ₹3 lakh crore, says Union Coal Minister G. Kishan Reddy” »

Business

Mukesh Ambani draws no salary for sixth year in a row: RIL Annual Report

Posted on May 28, 2026 By admin
Mukesh Ambani draws no salary for sixth year in a row: RIL Annual Report

Mukesh Ambani | Photo Credit: Debasish Bhaduri For six years in a row, Reliance Industries Ltd (RIL) Chairman and Managing Director Mukesh Ambani has drawn zero salary, even as the company posted record profits, as per the company’s annual report which was released on Thursday (May 28, 2026). He took no salary, no allowances, no perquisites,…

Read More “Mukesh Ambani draws no salary for sixth year in a row: RIL Annual Report” »

Business

Australian PM Anthony Albanese hails India’s economic growth; looks forward to hosting PM Modi again

Posted on May 28, 2026 By admin
Australian PM Anthony Albanese hails India’s economic growth; looks forward to hosting PM Modi again

Australia’s Prime Minister Anthony Albanese. File | Photo Credit: Reuters Australian Prime Minister Anthony Albanese on Thursday (May 28, 2026) said he looked forward to hosting PM Narendra Modi again soon, while describing India’s growing economic importance as an “extraordinary opportunity” for the Indo-Pacific region. Addressing the parliament in Canberra, Mr. Albanese said India, which…

Read More “Australian PM Anthony Albanese hails India’s economic growth; looks forward to hosting PM Modi again” »

Business

India’s energy investment to hit $170 billion in 2026 on solar, grid and refining push: International Energy Agency

Posted on May 28, 2026 By admin
India’s energy investment to hit 0 billion in 2026 on solar, grid and refining push: International Energy Agency

India’s energy investment is set to reach a record $170 billion in 2026, driven by rapid expansion in solar power and oil refining as the country accelerates efforts to meet rising energy demand and strengthen infrastructure for its clean energy transition. The International Energy Agency (IEA), in its World Energy Investment 2026 report, said energy…

Read More “India’s energy investment to hit $170 billion in 2026 on solar, grid and refining push: International Energy Agency” »

Business

Finance Ministry to conduct factory visits for ground-level inputs ahead of Budget planning

Posted on May 28, 2026 By admin
Finance Ministry to conduct factory visits for ground-level inputs ahead of Budget planning

In a first, the Union Finance Ministry has launched a nationwide programme of field visits to manufacturing units and industrial clusters as the government seeks ground-level industry feedback to support economic policymaking and manage challenges arising from the ongoing West Asia crisis. The initiative, led by the Department of Economic Affairs in the Finance Ministry,…

Read More “Finance Ministry to conduct factory visits for ground-level inputs ahead of Budget planning” »

Business

JSW Group commences construction of mega steel project in Odisha

Posted on May 28, 2026 By admin
JSW Group commences construction of mega steel project in Odisha

Odisha Chief Minister Mohan Charan Majhi attends the event marking the commencement of construction work for the 13.2 MTPA Integrated Steel Plant of JSW Utkal Steel Limited, in Dhinkia on Wednesday (May 27, 2026). | Photo Credit: ANI The JSW Group on Wednesday (May 27, 2026) started construction of the blast furnace of its proposed…

Read More “JSW Group commences construction of mega steel project in Odisha” »

Business

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