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By Gurminder Mangat , 7 August 2025
G

Godfrey Phillips India Reports 56% Surge in Q1 Net Profit Amid Strong Volume Growth

Godfrey Phillips India has delivered a robust financial performance in the first quarter of the fiscal year, posting a 56% year-on-year increase in net profit. This surge reflects the company’s operational efficiency, volume-driven growth, and resilience in the face of regulatory pressures on the tobacco industry. Strategic cost controls, improved product mix, and consistent consumer demand have contributed to the sharp uptick in earnings.

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  • Business
  • Company Results
By Geeta Maurya , 7 August 2025
D

DLF Targets Rs. 10,000 Crore in Rental Revenue by FY29 from Expanding Commercial Portfolio

Real estate giant DLF has charted an ambitious roadmap to significantly boost its rental income, aiming to touch Rs. 10,000 crore annually from its commercial assets by the fiscal year 2029. Backed by strong leasing momentum, a robust pipeline of premium office developments, and increased demand in key urban markets, the company is expanding its rent-yielding portfolio to 65 million square feet.

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  • Real Estate
  • Company News
By Nishant Verma , 7 August 2025
R

Amit Shah Commends Repco Bank’s Profit Growth as Model for Cooperative Banking Excellence

Union Home Minister Amit Shah has lauded Repco Bank for its robust financial performance, highlighting it as a shining example of how cooperative banks can achieve profitability while serving grassroots communities. The recognition follows the bank’s consistent profit growth, operational discipline, and its commitment to extending financial services to underserved populations. As the cooperative banking sector continues to modernize, Repco Bank’s trajectory offers a benchmark in balancing social responsibility with sound financial management.

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  • Banking
  • Business
By Amrita Bhatia , 7 August 2025
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Punjab National Bank Sets Bold Profit Target of Rs. 16,000 Crore for FY26 Amid Growth Push

Punjab National Bank (PNB), one of India’s largest state-owned lenders, has announced an ambitious profit target of Rs. 16,000 crore for the financial year 2025–26. This strategic aspiration comes on the back of improved asset quality, a growing credit portfolio, and a sustained focus on cost optimization. After reporting a robust net profit of Rs. 8,245 crore in FY25, the bank plans to double its profitability by capitalizing on healthy economic momentum, expanding its loan book, and streamlining operational efficiencies.

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  • Banking
  • Business
By Kunal Shrivastav , 7 August 2025
A

India Surges to 5th Spot in Global Aviation Rankings, Fuelled by Domestic Demand and Infrastructure Growth

India has emerged as the world’s fifth-largest aviation market, according to the latest industry data, reflecting the country’s rapid rise in air travel demand, improving infrastructure, and a growing middle class. The International Air Transport Association (IATA) report highlights India's resilience and upward trajectory in the post-pandemic era, driven primarily by a boom in domestic travel and strategic policy support. With over 300 million passengers recorded, India now trails only the U.S., China, the U.K., and Germany.

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  • Aviation
  • Business
  • Infrastructure
By Nimrat , 7 August 2025
E

Hindustan Zinc Accelerates Green Logistics with Deployment of EVs and LNG-Powered Trucks

In a strategic push toward decarbonizing its logistics operations, Hindustan Zinc has announced the deployment of electric vehicles (EVs) and liquefied natural gas (LNG)-powered trucks across its value chain. This initiative marks a major step in the company's broader sustainability roadmap aimed at reducing carbon emissions and aligning with India's energy transition goals. By integrating cleaner fuels into its supply chain, the mining giant is positioning itself as a leader in sustainable logistics within the metals and mining industry.

Tags

  • Logistics
  • Mining Sector
  • Business
  • EV
By Agamveer Singh , 7 August 2025
I

IRDAI Slaps Rs. 5 Crore Penalty on Policybazaar for Regulatory Non-Compliance

In a significant enforcement action, the Insurance Regulatory and Development Authority of India (IRDAI) has imposed a monetary penalty of Rs. 5 crore on Policybazaar, citing multiple regulatory lapses. The fine stems from violations related to business conduct, compliance procedures, and governance frameworks that the watchdog deemed inconsistent with established norms for insurance intermediaries. This move underscores the regulator’s firm stance on accountability and consumer protection in the rapidly expanding digital insurance landscape.

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  • IRDAI
  • Insurance
  • Business
By Manbir Sandhu , 7 August 2025
E

Delhi and Maharashtra Emerge as Frontrunners in India’s Electric Mobility Revolution

Delhi and Maharashtra have taken the lead in India's shift towards sustainable transportation, topping the Electric Mobility Index based on a comprehensive assessment of EV infrastructure, policy execution, and market readiness. The index, which evaluates states on their efforts to promote electric vehicle adoption and ecosystem development, highlights the growing momentum across urban and industrial hubs. Factors such as robust public policy frameworks, high EV penetration, and strong charging infrastructure contributed to these states’ leadership.

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  • EV
  • Infrastructure
  • Trending
By Nitin Mohan Mishra , 7 August 2025
A

Aditya Birla Capital Posts 10% Rise in Q1 Profit, Driven by Strong Lending and Insurance Growth

Aditya Birla Capital Ltd. (ABCL) reported a 10% year-on-year increase in consolidated net profit for the first quarter of FY26, reaching Rs. 665 crore. This growth was supported by a robust performance across its diversified financial services portfolio, particularly in lending and insurance segments. Total revenue for the quarter rose to Rs. 9,396 crore, up from Rs. 8,040 crore in the year-ago period. With improved asset quality, steady margin performance, and continued digital integration, the company signaled strong business momentum, despite macroeconomic headwinds.

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  • Business
  • NBFC
  • Company Results
By Vrinda Chaturvedi , 7 August 2025
S

Siemens Energy India Reports 80% Profit Surge in June Quarter, Signaling Strong Infrastructure Momentum

Siemens Energy India delivered a standout financial performance for the quarter ended June 2025, posting an 80% year-on-year jump in net profit to Rs. 155 crore. This significant rise comes amid increased demand for energy solutions, robust execution of ongoing projects, and strategic alignment with India's growing focus on clean and reliable infrastructure. Revenue from operations climbed 14% to Rs. 1,383 crore, with momentum across gas and power segments.

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  • Energy
  • Company Results

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