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By Gurleen Bajwa , 9 August 2025
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PFC Reports 25% Surge in Q1 Profit, Posts Rs. 8,981 Crore Net Income

Power Finance Corporation (PFC), a leading financial backbone of India's energy infrastructure, reported a strong 25% year-on-year increase in its consolidated net profit for the first quarter, reaching Rs. 8,981 crore. This impressive growth reflects a robust loan book, efficient cost management, and continued demand for infrastructure financing in the power sector. With a sharp rise in interest income and disciplined asset quality, the state-owned non-banking financial company (NBFC) is reinforcing its critical role in India’s energy transition.

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  • Financial Sector
  • Company Results
By Amrita Bhatia , 9 August 2025
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Mahindra Unveils Rs. 500 Crore ESOP Plan to Reward 23,000 Employees

Mahindra & Mahindra has launched a substantial employee stock ownership plan (ESOP) estimated between Rs. 400 crore to Rs. 500 crore, aimed at benefiting 23,000 of its employees. This move reflects the company’s focus on incentivizing talent, driving ownership culture, and aligning workforce interests with long-term strategic growth. By offering ESOPs across different levels of the organisation—including junior staff—Mahindra is signaling its intent to foster inclusivity and deepen employee engagement.

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  • Automobiles
  • Company News
By Gurminder Mangat , 9 August 2025
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Hindustan Power Embarks on 435 MW Solar Power Expansion in Uttar Pradesh

Hindustan Power has announced its latest renewable energy venture: a 435 MW solar power project in Uttar Pradesh. As part of its broader commitment to green energy and sustainable infrastructure, this large-scale initiative is expected to significantly boost the state’s renewable energy capacity and support India's ambitious climate goals. With an estimated investment running into hundreds of crores, the project marks a strategic expansion of Hindustan Power’s solar portfolio.

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  • Power
  • Company News
By Shilpa Reddy , 9 August 2025
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WhatsApp Strengthens User Protection with Enhanced Safety Tools and Crackdown on Fraudulent Accounts

WhatsApp has intensified its efforts to secure its platform, unveiling a robust safety tool aimed at empowering users to better identify and report suspicious activity. In tandem, the messaging giant has significantly escalated its crackdown on scam and spam accounts, disabling millions during a recent compliance cycle. These developments reflect WhatsApp’s broader commitment to digital safety, transparency, and accountability, especially in light of rising cyber fraud and phishing attempts across messaging platforms.

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  • Technology Sector
  • Trending
By Nimrat , 9 August 2025
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Deepika Padukone’s Viral Reel Sets Unprecedented Global Milestone with 1.9 Billion Views

Bollywood icon Deepika Padukone has once again captivated global audiences—not on the silver screen, but through social media. A short-form video posted by the actress has reportedly amassed a staggering 1.9 billion views, potentially setting a new global benchmark for Instagram engagement. The record-breaking reel, characterized by its blend of visual appeal, star power, and algorithmic virality, reflects the seismic influence of digital platforms in shaping celebrity reach.

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  • Trending
  • Social Media
  • Entertainment
  • Bollywood
By Vinod Pathak , 9 August 2025
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PVR INOX Narrows Q1 Loss to Rs. 54.5 Crore Amidst Industry Recovery

PVR INOX, India’s leading multiplex chain, has reported a narrowed consolidated net loss of Rs. 54.5 crore for the first quarter of FY26, signaling continued recovery in the cinema exhibition business. The company’s performance improved on the back of a diverse content slate, rising footfalls, and cost rationalisation measures. Though profitability remains elusive, the loss figure marks a substantial improvement compared to previous quarters.

Tags

  • Company Results
  • Entertainment
By Manbir Sandhu , 9 August 2025
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TVS INDUS Initiative Sets Stage for India's Next Generation of Design Innovators

TVS Motor Company has taken a decisive step toward nurturing design excellence in India through the launch of TVS INDUS, a pioneering initiative aimed at cultivating homegrown talent in the industrial design space. By creating a platform that blends innovation, industry relevance, and academic collaboration, the program is poised to strengthen India’s position as a global hub for design leadership.

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  • Automobiles
  • Company News
By Shilpa Reddy , 9 August 2025
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Study Flags U.S. Tariffs as Drag on Indian Exporters and Low-Income Households

A recent study has highlighted the far-reaching effects of U.S. trade tariffs on India’s economy, emphasizing the dual burden on Indian exporters and American low-income consumers. The report suggests that elevated tariffs imposed by the United States have disproportionately affected Indian export sectors, including textiles, chemicals, and steel. Additionally, the analysis underscores that these tariffs raise consumer prices in the U.S., ultimately hurting economically vulnerable households.

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  • Economy
  • Trade
  • Tarrif
By Nitin Mohan Mishra , 9 August 2025
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Bharat Forge Q1 Profit Surges 63% to Rs. 284 Crore on Strong Operational Momentum

Bharat Forge Ltd., a leading engineering and technology solutions provider, reported a robust 63% year-on-year surge in its consolidated net profit for the first quarter of FY26, reaching Rs. 284 crore. This sharp uptick was powered by consistent growth across its domestic and international business segments, along with operational efficiencies and favorable demand in core sectors. The company also registered a revenue of Rs. 2,288 crore during the quarter.

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  • Automobiles
  • Company Results
By Amrita Bhatia , 9 August 2025
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E.I.D. Parry Posts Rs. 464.46 Crore Net Profit in Q1 Amid Robust Operational Performance

E.I.D. Parry (India) Ltd. has reported a strong start to FY26, posting a consolidated net profit of Rs. 464.46 crore for the first quarter, driven by improved operating margins and strategic efficiencies across its core businesses. The Chennai-headquartered sugar and nutraceuticals company also recorded consolidated revenue of Rs. 6,997.58 crore, showcasing its ability to navigate market headwinds while maintaining a healthy top line. With a clear focus on sustainability and value-added product segments, E.I.D.

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  • India Business
  • Company Results

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