The NCLAT has ruled in favor of Mitsubishi Heavy Industries, allowing them to encash the performance guarantee provided by Punj Lloyd. The ruling overturns a previous NCLT order that had restrained...

Air conditioner manufacturers saw record profits in April-June due to blistering heat, with companies like Voltas, Blue Star, and Havells reporting significant revenue growth.

Havells India reported a 42% surge in consolidated net profit to Rs 407.51 crore in Q1 FY24, driven by robust sales growth amidst a scorching summer. Revenue from operations also increased...

Defense Secretary Lloyd Austin announced an additional $2.3 billion in military aid for Ukraine, including anti-tank weapons and air defense systems. The aid comes as Ukraine continues to battle...

A bipartisan commission to address the US's $34.6 trillion debt faces a dead end in Congress, with both parties unwilling to consider unpopular spending cuts or tax increases.

Raymond, after demerging its lifestyle and real estate businesses, aims for 15% sales growth and 15-20% pre-tax earnings. The company plans to expand its retail presence and enter new segments.

Air India Express expands its domestic network with the addition of Agartala, offering daily flights to Guwahati and Kolkata. The airline also inaugurated new routes from Hyderabad, Bengaluru, and...

The tea industry is facing challenges from sluggish consumption growth, rising food inflation, and slow export recovery, according to FAITTA chairman Sanjay Shah.

Kia India reported a 17% year-on-year increase in wholesales for August, reaching 22,523 units. The strong performance was driven by popular models like Sonet, Seltos, and Carens.

NGOs in Dharavi support the ongoing redevelopment survey, accusing non-locals of spreading misinformation to stall the project. The survey, part of the USD 3 billion Adani-led redevelopment, aims...

Raymond, after demerging its lifestyle and real estate businesses, aims for 15% sales growth and 15-20% pre-tax earnings. The company plans to expand its retail presence and enter new segments.

The Central Consumer Protection Authority (CCPA) has fined Shankar IAS Academy Rs 5 lakh for misleading advertisements about its success rate and course details for the 2022 civil service exam.

Air India Express expands its domestic network with the addition of Agartala, offering daily flights to Guwahati and Kolkata. The airline also inaugurated new routes from Hyderabad, Bengaluru, and...

The Indian government is revising its 2016 guidelines on CPSE capital restructuring, focusing on dividend payments, bonus issues, and share buybacks. The amendments aim to optimize government...

The tea industry is facing challenges from sluggish consumption growth, rising food inflation, and slow export recovery, according to FAITTA chairman Sanjay Shah.