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By Anant Kumar , 11 May 2025
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Coal India’s Mixed Fiscal Finish: Profit Surge in Q4 Masks Annual Dip Amid Production Shortfall

Coal India Ltd (CIL), the state-run coal giant, closed the March 2025 quarter with a 12% rise in consolidated net profit, reaching Rs. 9,604.02 crore, driven largely by higher income and infrastructure upgrades. Yet, despite the strong quarterly showing, the company's full-year net profit slipped to Rs. 35,358.16 crore, reflecting broader challenges. Capital expenditure fell sharply, coal output underperformed targets, and annual revenues remained stagnant. As India’s dominant coal producer, CIL now eyes a more ambitious production goal of 875 million tonnes for FY 2025-26.

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  • Power
  • Business
By Gurleen Bajwa , 11 May 2025
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United Breweries’ Q4 Growth Amidst Declining Revenue: A Mixed Outlook for FY 2025

United Breweries Ltd (UBL), the Indian arm of Dutch brewing giant Heineken, reported a 19.87% increase in consolidated net profit to Rs. 97.76 crore for the January-March quarter of FY 2024-25. However, the company’s revenue from operations dropped by 7.54%, reflecting challenging market conditions. Despite a decline in both revenue and total income, UBL managed to keep costs in check, with a decrease in expenses by 8.54%. For the full financial year, net profit rose by 7.67%, and total consolidated income increased by 5.37%. The company’s stock saw a modest rise, closing at Rs.

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  • Business
By Aseem Mehta , 11 May 2025
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Reliance Jio Outpaces Competitors in Subscriber Growth, While Vodafone Idea Struggles Hard

Reliance Jio continues to dominate the Indian telecom sector, adding 21.74 lakh subscribers in March, according to data from the Telecom Regulatory Authority of India (TRAI). In comparison, Bharti Airtel saw a growth of 12.50 lakh users, while Vodafone Idea experienced a decline, losing 5.41 lakh subscribers. As Jio strengthens its lead with a subscriber base nearing 47 crore, Vodafone Idea's market share continues to shrink.

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  • Telecom
By Kunal Shrivastav , 11 May 2025
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Uttar Pradesh Cracks Down on Unlicensed Food Businesses in Sweeping Regulatory Overhaul

In a decisive move to standardize the food sector and safeguard public health, the Uttar Pradesh government has extended its state-wide campaign aimed at enforcing mandatory registration and licensing for all food business operators (FBOs) until May 31. Launched by the Food Safety and Drug Administration (FSDA) in early April, the initiative targets entities ranging from street vendors to industrial food units, ensuring their compliance under the Food Safety and Standards Act.

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  • Food Processing
  • Business
By Nitin Mohan Mishra , 11 May 2025
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RBI Introduces New Framework for Transparent Regulation Formulation

The Reserve Bank of India (RBI) has unveiled a new framework aimed at standardizing the process for creating and amending regulations. Designed to ensure transparency and stakeholder participation, the framework requires the central bank to publish draft regulations along with impact analyses and statements of particulars for public review. With the addition of a mandatory 21-day consultation period, the initiative seeks to improve the quality of regulations and foster broader engagement from industry players and the general public.

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  • RBI
  • Banking
By Vinod Pathak , 11 May 2025
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India Launches National Portal to Revamp Non-Ferrous Metal Recycling Industry

In a significant step toward sustainable industrial practices, the Indian government has launched a digital platform designed to modernize the country’s non-ferrous metal recycling sector. Spearheaded by the Ministry of Mines, this initiative aims to consolidate data, foster stakeholder collaboration, and drive evidence-based policymaking in the recycling of critical metals such as aluminium, copper, lead, zinc, and rare elements.

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  • Metals
By Vinod Pathak , 11 May 2025
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Opposition Demands Special Parliament Session Amid Ceasefire, Terror Strikes, and Operation Sindoor

Amid escalating geopolitical tensions and a fragile ceasefire between India and Pakistan, Congress leader Rahul Gandhi has formally urged Prime Minister Narendra Modi to convene a special session of Parliament. The call, echoed by Congress President Mallikarjun Kharge, seeks urgent deliberation on three critical developments: the Pahalgam terror attack, India's retaliatory Operation Sindoor, and the recently announced ceasefire.

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  • Trending
  • Politics
By Nishant Verma , 11 May 2025
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Samsung Eyes Market Expansion with AI-Driven Premium TV Lineup Amid Industry Headwinds

Despite a challenging year for the Indian television industry, Samsung has defied market contraction by crossing Rs. 10,000 crore in TV sales in 2024, fueled by robust growth in the premium segment. The consumer electronics giant now sets its sights on double-digit growth for 2025, aiming to capture a third of the Indian market. With a new lineup of AI-powered TVs—including 100- and 115-inch models—Samsung is betting big on premiumisation and larger screen sizes.

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  • Technology Sector
  • AI
By Nishant Verma , 11 May 2025
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Leadership Transition at Abbott India: Market Reacts to New Era Under Kartik Rajendran

Abbott India Ltd, a leading pharmaceutical firm, has announced a significant leadership shift with the resignation of Managing Director Swati Dalal, who is stepping down on June 13, 2025, to pursue external opportunities. Kartik Rajendran has been appointed as her successor and will assume the role of Managing Director and Additional Director effective June 14, 2025, for a five-year term, pending shareholder and government approval.

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  • Pharmaceutical
By Manbir Sandhu , 11 May 2025
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Pakistan Declares National Thanksgiving After Ceasefire With India Halts Escalating Conflict

In a striking turn of regional geopolitics, Pakistan observed a national day of thanksgiving following a sudden and high-stakes ceasefire agreement with India. The move came after a series of retaliatory military exchanges along the border threatened to spiral into wider conflict. Termed “Youm-e-Tashakur,” the observance was declared to offer religious thanks, recognize the efforts of Pakistan’s armed forces, and celebrate what leaders described as a moment of national resilience.

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  • Trending
  • Politics

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