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The India-U.K. Comprehensive Economic and Trade Agreement (CETA), which came into force on July 15, marks a pivotal moment in the evolution of bilateral ties. More than a conventional tariff-reduction pact, the agreement reflects a strategic alignment between two major democracies seeking to recalibrate their economic engagement in a rapidly shifting global order. The India-U.K….
Uptick in operating margins across transmission, smart metering and distribution businesses. helped Adani Energy Solutions’ (AESL) first quarter (Q1) net profit more than double year-on-year (YoY) to ₹1,237 crore. The Ahmedabad-headquartered company’s revenue surged 40% YoY to ₹9,852 crore in the June-end quarter. It posted an all-time high earnings before interest, depreciation and amortisation (Ebitda)…
Read More “Adani Energy Solutions more than doubles Q1 net profit on improved operating margins” »
Integrated electronics manufacturing solutions provider Cyient DLM saw its June quarter net profit more than double year-on-year (YoY) to ₹16.3 crore, aided by strong demand across key verticals The company’s net profit margins expanded by 168 basis points YoY to 4.4% and .revenues by 34.3% to ₹373.8 crore in the review quarter. “We have started…
Read More “Cyient DLM posts ₹16 cr Q1 net on ₹374 cr revenue” »
SBI Funds Management Limited MD & CEO Debasish Mishra. File | Photo Credit: ANI SBI Fund Management Ltd. (SBFM), India’s largest asset manager, debuted with a 6% premium over issue price, aspiring to be the market leader, signalling market expansion using the bank’s distribution muscle. The stock was listed at ₹613 per share, which is…
Read More “SBI FM lists with ambition to be a market leader in mutual fund industry” »
Granules India | Photo Credit: The Hindu Generic drugmaker Granules India reported 60% year-on-year (YoY) surge in net profit to ₹179.96 crore on higher revenues from operations. in the first quarter (Q1) of FY2027. Growth in the contribution of complex generics and from Europe and rest of world markets boosted the revenue by 22% YoY…
Read More “Granules India Q1 net surges 60% to ₹180 cr on higher revenue” »
Aurobindo’s arm CuraTeq Biologics to make inroad into Latin American markets | Photo Credit: The Hindu Aurobindo Pharma subsidiary CuraTeQ Biologics’ biosimilars manufacturing facility in Hyderabad has received Brazilian health regulator Anvisa’s approval, enabling it to tap the broader Latin American market.. The facility underwent a good manufacturing practice (GMP) inspection by Anvisa from May…
Read More “Aurobindo arm CuraTeQ Biologics’ facility secures nod from Brazil’s health regulator” »
Overall sales volume for Adani Total Gas increased 13% YoY, with compressed natural gas (CNG) sales expanding 18% and piped natural gas (PNG) by 4%. File | Photo Credit: Vijay Soneji Adani Total Gas’ (ATGL) net profit fell 18% year-on-year (YoY) to ₹133 crore in the June-end quarter as costs of procuring liquefied natural gas…
Benchmark indices Sensex and Nifty closed lower on Tuesday (July 21, 2026), dragged by selling in HDFC Bank for the second day alongside risk-off sentiment amid escalating West Asia crisis. Falling for the second day, the 30-share BSE Sensex declined 238.41 points, or 0.31%, to settle at 77,470.11 with nine of its constituents closing lower…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Rupee pared initial losses and settled for the day higher by 12 paise at 96.24 (provisional) against the U.S. dollar on Tuesday (July 21, 2026), as traders assessed the strong inflows related to the Reserve Bank’s initiatives to support foreign exchange liquidity amid global market…
Read More “Rupee gains 12 paise to close at 96.24 against U.S. dollar” »
A Federal Judge on Monday (July 20, 2026) ordered Paramount and Warner Bros Discovery to halt their $81 billion merger for at least two weeks, allowing States that are challenging the deal more time to see their case through in Court. Twelve States, led by California, sued to block Paramount’s pending buyout of Warner last…
Read More “Judge says Paramount and Warner must halt merger for at least two weeks” »