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By Vinod Pathak , 21 May 2025
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United Spirits Ltd Reports Robust 75% Surge in Q4 Net Profit Amid Revenue Growth and Cost Efficiency

United Spirits Ltd (USL) delivered an impressive 75% rise in consolidated net profit to Rs 421 crore for the quarter ending March 31, 2025, fueled by increased revenue and prudent cost management. Despite a modest revenue increase to Rs 6,634 crore, the company curtailed expenses slightly, bolstering profitability. Fiscal year 2025 also reflected solid growth with net profit reaching Rs 1,582 crore and revenue crossing Rs 27,000 crore.

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  • Company Results
  • Business
By Keshav Kulshrestha , 21 May 2025
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Teen Hacker and Juvenile Network Disrupt Indian Government Websites Amid Heightened Cybersecurity Alerts

In a significant cybercrime crackdown, Gujarat’s Anti-Terrorism Squad (ATS) has apprehended an 18-year-old accused of orchestrating coordinated cyberattacks targeting over 50 Indian government websites. The young offender, alongside juvenile accomplices, employed Distributed Denial-of-Service (DDoS) attacks to cripple key digital infrastructure amid heightened tensions following Operation Sindoor, India’s military response to terrorism.

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  • Internet
  • Cyber Crime
By Geeta Maurya , 21 May 2025
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India Launches Three Multi-State Dairy Cooperatives to Drive Sustainability and Circular Economy

In a strategic move to modernize India’s dairy sector, the government has announced the establishment of three multi-state cooperative societies focusing on animal feed, dung management, and circular utilization of cattle residues. Cooperation Minister Amit Shah, emphasizing sustainability and circularity, outlined plans to align these efforts with the forthcoming White Revolution 2.0. The initiative aims to create an integrated, eco-friendly dairy ecosystem that enhances farmers’ incomes through scientific practices and direct carbon credit benefits.

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  • Economy
  • Animal Husbandry
By Keshav Kulshrestha , 21 May 2025
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SAP Unveils Next-Generation AI Innovations to Drive Business Productivity and Digital Transformation

German software giant SAP has announced a comprehensive suite of artificial intelligence (AI) advancements aimed at revolutionizing enterprise productivity and accelerating digital transformation. Central to this initiative is Joule, SAP’s generative AI assistant, now enhanced with expanded capabilities and new partnerships—including collaboration with AI answer engine Perplexity—to provide real-time, data-driven insights.

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  • IT
  • Technology Sector
By Nishant Verma , 21 May 2025
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Kerala’s SilverLine Rail Vision Faces Political Hurdles but Remains Unwavering

Kerala Chief Minister Pinarayi Vijayan reaffirmed his administration’s commitment to advancing the ambitious SilverLine railway project despite facing political opposition from the central government and various parties. The proposed 529.45-kilometer semi-high-speed rail corridor aims to drastically cut travel time between Thiruvananthapuram and Kasaragod, reshaping the state’s transport landscape. Though the project is currently shelved due to lack of approval from New Delhi, Vijayan emphasized that the initiative will eventually materialize.

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  • Railways
By Kunal Shrivastav , 21 May 2025
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CCI Greenlights Strategic Investments in Haldiram Snacks and Nazara Technologies, Signaling Confidence in Diverse Indian Sectors

The Competition Commission of India (CCI) has recently sanctioned two significant investment transactions, underscoring the regulator’s continued oversight in preserving competitive market dynamics. Singapore’s Temasek Holdings, via Jongsong Investments Pte Ltd, received approval to acquire a minority stake—under 10%—in Haldiram Snacks Food Pvt Ltd, which is on course to unify its Delhi and Nagpur divisions.

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  • Business
By Amrita Bhatia , 21 May 2025
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Himachal Growers Demand Ban on Turkish Apple Imports Amid Geopolitical Tensions

Amid escalating geopolitical frictions, an influential fruit growers’ association from Himachal Pradesh has called for a complete ban on apple imports from Turkiye, citing Ankara’s recent political alignment with Pakistan. The Himachal Fruit Growers Samyukt Manch submitted memoranda to India’s top leadership, urging swift action against what it describes as an economic and national security concern.

Tags

  • Agriculture
By Agamveer Singh , 21 May 2025
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Whirlpool of India Posts 50% Surge in Q4 Profit, Driven by Strong Revenue Growth and One-Time Gains

Whirlpool of India Ltd has reported a robust 50.4% year-on-year increase in consolidated net profit for the fourth quarter ended March 2025, reaching Rs. 119.47 crore. This performance was underpinned by higher operating revenues and an exceptional gain linked to an insurance settlement. For the full fiscal year, the company recorded a consolidated profit of Rs. 362.78 crore, marking a significant jump from the previous year. Despite higher expenses, Whirlpool’s growth trajectory remains solid, bolstered by strong consumer demand and operational resilience.

Tags

  • Electronics
  • Company Results
By Gurminder Mangat , 21 May 2025
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DLF Eyes Rs. 22,000 Crore in Housing Sales Amid Booming Luxury Market

DLF, India’s leading real estate firm by market capitalization, is setting ambitious sales targets for fiscal year 2025–26 after delivering record-breaking pre-sales of Rs. 21,223 crore in the previous year. Driven by robust demand for luxury housing, the company aims to sustain its growth trajectory by leveraging a rich pipeline of upcoming projects in key urban centers such as Gurugram and Mumbai. With strong free cash flow, rising profitability, and a diversified development portfolio, DLF is positioning itself at the forefront of India’s high-end real estate boom.

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  • Real Estate
By Manbir Sandhu , 21 May 2025
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Shadows Over the Corner Office: The Rising Tally of Indian Bank Chiefs Under Scrutiny

India’s banking sector, long viewed as a cornerstone of economic growth and financial discipline, is increasingly shadowed by high-profile arrests of former top executives from leading banks. The recent detention of Subodh Kumar Goel, former chairman and managing director of UCO Bank, on charges linked to a Rs. 6,200 crore loan fraud, underscores a deepening crisis of governance and accountability.

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  • Banking
  • Trending

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