Jupiter Wagons Ltd reported a 40.3% increase in profit after tax to Rs 89.23 crore for the June quarter, driven by strong wagon business and diversification efforts.

Jupiter International receives Rs 300 crore funding from ValueQuest to expand solar cell and module manufacturing capacity, aiming to meet growing domestic and international demand.

Copthall Mauritius Investment has acquired a 0.8% stake in Jupiter Wagons for Rs 214 crore through an open market transaction. The shares were bought at an average price of Rs 652 apiece.

Allied Blenders and Distillers, maker of Officer's Choice Whisky, has raised Rs 449 crore from anchor investors ahead of its IPO. The IPO will open for subscription on June 25th.

Warburg Pincus, Temasek Holdings and JP Morgan Investment divested a 13.7% stake in CarTrade Tech for Rs 535 crore through open market transactions. Highdell Investment, an arm of US-based Warburg...

Tamara Leisure Experiences launches Lilac Hotels in Kumbakonam, Tamil Nadu, expanding its mid-segment portfolio. The new hotel offers 27 executive rooms, 13 premium rooms, 4 elite rooms and one suite.

The Directorate General of Mines Safety (DGMS) is emphasizing safety regulations for new coal mine operators as more commercial mines are auctioned in India. Coal India is also diversifying into...

Cholamandalam MS General Insurance reports strong Q1 FY24 performance with a Gross Written Premium (GWP) of Rs 1,945 crore, a 14.3% growth over the previous year.

India aims to achieve a USD 30 trillion economy with USD 18,000 per capita income by 2047, according to NITI Aayog's 'Vision for Viksit Bharat @ 2047' paper. The document outlines key challenges...

A study reveals pilot fatigue is linked to consecutive night flights, long duty hours, and roster instability. Safety Matters Foundation highlights concerns and calls for improved regulations.

Tamara Leisure Experiences launches Lilac Hotels in Kumbakonam, Tamil Nadu, expanding its mid-segment portfolio. The new hotel offers 27 executive rooms, 13 premium rooms, 4 elite rooms and one suite.

The Directorate General of Mines Safety (DGMS) is emphasizing safety regulations for new coal mine operators as more commercial mines are auctioned in India. Coal India is also diversifying into...

Cholamandalam MS General Insurance reports strong Q1 FY24 performance with a Gross Written Premium (GWP) of Rs 1,945 crore, a 14.3% growth over the previous year.

Colgate-Palmolive (India) Ltd has received a Rs 248.74 crore tax demand notice from the Income Tax Authority for transfer pricing-related issues. The company plans to challenge the order.

Italy and China have signed a 3-year action plan to strengthen economic ties. Italian PM Meloni's visit aims to reset relations amid trade tensions with the EU.