Thermax's net profit declined by 52% to Rs 114 crore in the December quarter, impacted by lower margins and product mix changes. The company also acquired Buildtech Products India Pvt. Ltd,...

Capital goods stocks plummeted on Monday after the government's FY26 budget fell short of expectations for capex. Siemens led the decline, dropping 9%.

Thermax's consolidated net profit rose nearly 25% to Rs 198 crore in Q2 FY25, driven by higher revenues and a government incentive. Order booking jumped 70% during the quarter.

Thermax has acquired construction chemicals maker Buildtech Products India for Rs 72 crore, strengthening its presence in the sector. The acquisition will support India's infrastructure development...

Niti Aayog member VK Saraswat advocates for large-scale methanol production in India to decrease fossil fuel dependence and promote clean energy.

Aakash Educational Services founder Jagdish Chand Chaudhry has challenged changes in the company's governance norms at the NCLT. The case involves a complex ownership structure and disputes over...

Government e-Marketplace (GeM) surpasses Rs 5 lakh crore in transactions this fiscal year, facilitating procurement of goods and services worth over Rs 4.5 lakh crore.

IndusInd Bank's promoters, Hinduja Group, are looking to increase their stake despite a recent accounting discrepancy that led to a loss in net worth. The bank's CEO received a one-year extension,...

Sebi has penalized four entities Rs 20 lakh for engaging in non-genuine trades in illiquid stock options on the BSE. The regulator found these trades to be artificial and lacking trading rationale.

IndiaAI Mission has signed an agreement with Parliament to leverage data for an indigenous AI technology, says Union minister Ashwini Vaishnaw. This is part of India's plan to develop its own LLM...

Rajasthan farmers can register to sell gram and mustard at the minimum support price (MSP) from April 1. Procurement will begin on April 10. 217 purchase centres each for mustard and gram...

IIM-A partners with FPSB India to launch an Executive Program in Financial Planning and Investment Advisory Services, equipping professionals with advanced knowledge and skills.

Gujarat government and Nayara Energy sign agreements for the conservation and restoration of Khijadiya Bird Sanctuary, a Ramsar site, in Jamnagar district. The project will focus on improving the...

Aakash Educational Services founder Jagdish Chand Chaudhry has challenged changes in the company's governance norms at the NCLT. The case involves a complex ownership structure and disputes over...

Government e-Marketplace (GeM) surpasses Rs 5 lakh crore in transactions this fiscal year, facilitating procurement of goods and services worth over Rs 4.5 lakh crore.