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Finance

Emami’s big snack bet: ₹750 crore investment, new WeMe brand targets ₹1,000 crore in 3-5 years

Kolkata/IBNS: Emami has announced its entry into the packaged foods and snacks market with its new brand, WeMe, committing an investment of ₹750 crore in this segment.

Big relief for Zee Entertainment: SAT allows warrants issue, dividend access despite SEBI ban

Mumbai/IBNS: Zee Entertainment Enterprises Ltd (ZEEL) on Friday received interim relief from the Securities Appellate Tribunal (SAT) in its challenge against the Securities and Exchange Board of India (SEBI) order, media reports said.

HCG Q1 results: Cancer care major posts 190% jump in adjusted profit, revenue rises 13%

Kolkata/IBNS: Healthcare Global Enterprises Limited (HCG), India’s largest dedicated cancer private hospital network, under the brand “HCG”, has recently announced its financial results for the quarter ended June 30, 2026.

Tata Motors Q1 shocker: Profit plunges 80%, shares crash 5% as JLR drags

Mumbai/IBNS: Shares of Tata Motors Passenger Vehicles (TMPV) crashed over 5% on Friday following a sharp decline in the company's profit in the first quarter of FY2027, media reports said.

Olectra Greentech Q1 shocker: Revenue soars 66%, profit barely moves; shares crash 4%

Mumbai/IBNS: Shares of Olectra Greentech crashed around 4% on Friday following the company's largely flat net profit in the first quarter of FY2027, media reports said.

Red Friday on Dalal Street: Sensex plunges 300 points, Nifty slides amid geopolitical tensions

Mumbai/IBNS: Indian equity benchmarks traded lower on Friday, with the BSE Sensex slipping nearly 300 points and the NSE Nifty 50 falling below the 24,350 mark as investors remained cautious amid heightened geopolitical tensions.

RVNL posts strong Q1 numbers, but shares fall sharply

Mumbai/IBNS: Shares of Rail Vikas Nigam Limited (RVNL) declined on Thursday despite the company reporting a sharp rise in consolidated net profit for the first quarter of FY2027, media reports said.

Jio Financial shares jump 3% after Bank of America’s ₹18,268 crore mega deal

Mumbai/IBNS: Shares of Jio Financial Services climbed more than 3 per cent on Thursday after Bank of America (BofA) announced a strategic investment in the company's lending subsidiary, Jio Credit, media reports said.

Tata Motors shares jump 6% after Q1 profit soars 83% to ₹2,560 crore

Mumbai/IBNS: Shares of commercial vehicle major Tata Motors climbed nearly 6 per cent on the BSE on Thursday following a sharp rise in the company's net profit during the first quarter of FY27, media reports said.

Profit soars 39%, but Grasim stock crashes 3% after Q1 results

Mumbai/IBNS: Shares of Grasim Industries fell around 3 per cent on Thursday despite the company reporting a strong turnaround in profitability for the June quarter (Q1 FY27), media reports said.

Sensex plunges 170 points, Nifty nears 24,350 as market takes a hit

Mumbai/IBNS: Indian equity markets opened lower on Thursday, with the BSE Sensex falling around 170 points, while the NSE Nifty 50 traded near the 24,350 mark amid cautious investor sentiment.

21,000 jobs gone, more cuts coming? Oracle prepares fresh layoff round: Reports

Oracle is planning another round of layoffs after eliminating around 21,000 jobs in fiscal 2026, media reports said, as the technology giant looks to reduce payroll costs while taking on billions of dollars in debt to finance its artificial intelligence (AI) infrastructure expansion.

Who is Aasif Malbari? Godrej Consumer Products appoints new Managing Director & CEO after Sudhir Sitapati's exit

The Board of Directors of Godrej Consumer Products Limited (GCPL) today announced the appointment of Aasif Malbari, currently Global Chief Financial Officer and President Godrej Africa, as Managing Director & Chief Executive Officer of GCPL, effective immediately.

Bank of Baroda expands its presence in Kolkata. Where is the new branch located?

Public sector lender Bank of Baroda has inaugurated a new Branch at EM Bypass, Metropolitan, further strengthening its footprint and enhancing access to banking services in Kolkata.

India builds ‘Special’ LHB train for Bangladesh. All details here

Rail Coach Factory (RCF), Kapurthala, is set to achieve another significant milestone with the rollout of its first rake comprising 19 LHB broad-gauge passenger coaches for Bangladesh Railway on Wednesday.

Tata stocks crash after Chandrasekaran exit shock: TCS falls nearly 5%

Mumbai/IBNS: The share prices of Tata Consultancy Service (TCS) on Wednesday crashed over 4% after N Chandrasekaran's shock resignation as the Tata Sons chairman, media reports said.

Tata Sons leadership shock: N Chandrasekaran won’t seek reappointment as chairman after February 2027

Mumbai/IBNS: Tata Sons chairman N Chandrasekaran has decided not to seek reappointment after the end of his current term in February 2027, ahead of the company's Annual General Meeting scheduled to be held on August 18, media reports said.

Global youth job crisis deepens: 67 million young people now unemployed, ILO warns

A new report published Tuesday by the UN’s International Labour Organization (ILO) found that worldwide youth unemployment rebounded after the COVID-19 pandemic but is now beginning to worsen again, leaving millions unable to get that crucial first job.

Paytm shares surge over 3% as Bernstein raises target to ₹2,200, surpassing IPO price

Mumbai/IBNS: Shares of One97 Communications Ltd., the parent company of Paytm, extended their gains on Tuesday, rising 3.52% on the NSE, media reports said.

Sensex crashes 400 points, Nifty below 24,500 as oil shock and Strait of Hormuz tensions rattle markets

Mumbai/IBNS: Indian benchmark indices opened lower on Tuesday as rising crude oil prices and heightened geopolitical uncertainty weighed on investor sentiment.