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By Gurminder Mangat , 27 April 2025
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Akshay Addresses Nation's Anger & Grief Following Pahalgam Terror Attack at Kesari 2 Screening

Bollywood star Akshay Kumar attended a special screening of his latest film Kesari 2 on Saturday, where he addressed the recent terror attack in Pahalgam. The actor, alongside co-star R. Madhavan, expressed deep outrage over the attack, drawing parallels between the anger felt by his character in the film and the public’s response to the tragic event.

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  • Indian Celebrities
  • Bollywood
  • Trending
By Gurminder Mangat , 27 April 2025
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Nokia Solutions Divests 1% Stake in Vodafone Idea for Rs 786 Crore Amid Ongoing Debt Restructuring

Nokia Solutions and Networks India recently sold nearly 1% of its stake in Vodafone Idea for Rs 786 crore through an open market transaction. The sale of 102.7 crore shares at Rs 7.65 each aligns with Vodafone Idea's ongoing debt restructuring efforts, which also involve share allocations to vendors like Nokia and Ericsson. While Goldman Sachs acquired a substantial portion of the shares, Vodafone Idea’s stock price saw a notable drop, reflecting investor sentiment amid the company's financial challenges.

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  • Technology Sector
  • Business
By Gurminder Mangat , 27 April 2025
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Reliance Industries Reports Modest Growth Amid Retail Recovery and Strong Oil Performance

Reliance Industries Ltd. (RIL) has posted a 2.4% increase in its net profit for the March 2025 quarter, signaling robust performance despite global headwinds in certain sectors. The company reported a consolidated net profit of Rs. 19,407 crore, compared to Rs. 18,951 crore in the same quarter last year. This growth was driven by a rebound in the retail segment and strong performance in its oil business, which bucked global trends. Additionally, revenue from operations rose to Rs. 2.6 lakh crore, underscoring the company's resilient business model amidst a volatile global market.

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  • Energy
  • Business
By Gurminder Mangat , 27 April 2025
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Reliance Retail Delivers Robust FY25 Results with Rs. 3,545 Crore Q4 Profit and Expanding Digital Reach

Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries Ltd, concluded FY25 with strong financial performance, reporting a 29.1% rise in net profit to Rs. 3,545 crore for the March quarter. The company also posted a 15.65% increase in gross quarterly revenue to Rs. 88,620 crore, supported by continued momentum in digital commerce and an expanding store footprint. Annual revenue climbed to Rs. 3,30,870 crore, while profit after tax reached Rs. 12,388 crore.

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  • Retail
  • Business
By Shilpa Reddy , 27 April 2025
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JioStar Ignites India’s Media Landscape with Rs. 10,006 Crore in Revenue and Explosive OTT Growth

JioStar, the newly formed media juggernaut from the merger of Reliance’s media division and Walt Disney’s India operations, has quickly become a dominant force in India’s entertainment ecosystem. In its inaugural earnings disclosure, the company reported Rs. 10,006 crore in revenue and Rs. 774 crore in pre-tax earnings. Its flagship streaming service, JioHotstar—launched in February 2025—crossed 100 million paid subscribers within five weeks.

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  • Business
  • Media Sector
By Kirti Srinivasan , 27 April 2025
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Jio Platforms Delivers Strong Q4 Performance on Tariff Hike, 5G Uptake, and Broadband Growth

Jio Platforms Ltd., the digital services arm of Reliance Industries Limited (RIL), posted an impressive 25.7% year-on-year increase in profit after tax (PAT) to Rs. 7,022 crore in the final quarter of FY2024-25. The growth was primarily fueled by higher average revenue per user (ARPU), following a telecom tariff hike in July 2024. Alongside robust gains in its 5G user base and fixed broadband expansion, Jio’s home broadband service and AirFibre saw substantial subscriber additions. With revenue from operations rising to Rs.

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  • Telecom
  • Business
By Vinod Pathak , 27 April 2025
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Coca-Cola India's Kinley Soda Surpasses Rs. 1,500 Crore in Revenue, Cementing Market Leadership

Coca-Cola India has announced a significant milestone for its Kinley Soda brand, which has surpassed Rs. 1,500 crore in revenue, establishing itself as a dominant force in India's carbonated water segment. This achievement reflects over two decades of consumer trust, a data-driven distribution strategy, and a sharp focus on execution across traditional and modern trade channels. With over 1.4 million retail touchpoints, Kinley Soda’s widespread presence and consistent product quality have made it a staple beverage for both mass-market and premium consumers.

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  • FMCG Sector
  • Business
By Gurminder Mangat , 27 April 2025
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Stellantis Accelerates India EV Push with Leapmotor Entry Amid Global Expansion Strategy

Stellantis, the global automotive powerhouse behind Jeep and Citroën, is intensifying its electric vehicle (EV) ambitions in India through the introduction of its Chinese joint venture partner, Leapmotor. This strategic move underlines Stellantis’ commitment to expanding its sustainable mobility portfolio in one of the world's fastest-growing automotive markets. While the company has not disclosed a definitive timeline for the launch, the announcement reinforces India’s rising significance in Stellantis’ global roadmap.

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  • Automobiles
By Shilpa Reddy , 27 April 2025
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India Powers Reckitt's Growth as FMCG Giant Bets Big on Emerging Markets

British consumer goods conglomerate Reckitt is projecting sustained and robust volume growth in India for the remainder of 2025, underpinned by the impressive performance of its key hygiene and health brands. CEO Kris Licht emphasized the strategic importance of India and China during the company’s latest earnings call, highlighting both as pivotal growth drivers in Reckitt’s emerging markets portfolio. India, in particular, posted high single-digit growth in the first quarter, buoyed by standout performances from flagship products like Dettol and Harpic.

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  • FMCG Sector
By Manbir Sandhu , 27 April 2025
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Escorts Kubota to Increase Tractor Prices Amid Market Pressures

Escorts Kubota, a prominent player in the farm and construction equipment sector, has announced a price hike for its tractors, effective from May 1, 2025. The price increase will apply to its agri machinery division, excluding the Kubota brand, and will vary depending on the model, variant, and geographical region. Although the company refrained from specifying the exact percentage of the hike, the move is expected to reflect rising costs in the industry. Meanwhile, Escorts Kubota’s stock has experienced a slight dip, reflecting investor sentiment on the news.

 

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  • Business
  • Agriculture

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