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By Kunal Shrivastav , 6 August 2025
C

Coal India Sets Ambitious Supply Target of 900 MT, Allocates Rs. 16,000 Crore for Capex in FY26

Coal India Ltd (CIL), the country’s largest coal producer, has set a robust target of supplying 900 million tonnes (MT) of coal in the current fiscal year, alongside a planned capital expenditure of Rs. 16,000 crore. The move underscores the company’s efforts to meet rising power demand, reduce import dependency, and expand capacity across its mining operations. With increased investments in mechanization, infrastructure, and sustainability, CIL is positioning itself as a critical player in India’s energy security roadmap.

Tags

  • India Business
  • Company News
  • Investment
By Vinod Pathak , 6 August 2025
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Mumbai Airport Reports Flat Passenger Growth in Q1 Despite Industry Tailwinds

Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) reported flat year-on-year passenger growth for the April to June quarter, reflecting a period of stabilization following post-pandemic recovery highs. The airport handled roughly the same number of domestic and international passengers as it did in the corresponding quarter last year.

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  • Aviation
  • CSMIA
  • Company Results
By Nimrat , 6 August 2025
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Practo Turns Profitable, Sets Sights on Global Healthcare Expansion

Digital health platform Practo has achieved a key milestone by turning profitable, marking a turning point in its strategic evolution from a startup to a sustainable, growth-driven enterprise. The company’s improved financial standing stems from a mix of operational efficiency, increased demand for online healthcare services, and rising consumer adoption of digital consultations. With profitability secured, Practo is now shifting focus to international expansion, aiming to replicate its success in markets across Asia, the Middle East, and beyond.

Tags

  • Healthcare
  • Company News
By Agamveer Singh , 6 August 2025
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Escorts Kubota Posts 40% Surge in Q1 Profit to Rs. 369.5 Crore, Driven by Strong Demand and Operational Efficiency

Escorts Kubota Ltd. reported a 40% year-on-year increase in profit after tax (PAT), reaching Rs. 369.5 crore for the first quarter ended June. The robust earnings growth was driven by improved operational efficiencies, strong demand in the agri-machinery segment, and a favorable product mix. The company also saw steady momentum in its construction and railway equipment businesses, reflecting broader recovery across key infrastructure sectors.

Tags

  • Construction
  • Agriculture
  • Infrastructure
  • Company Results
By Gurminder Mangat , 6 August 2025
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NABARD Strengthens Support for Farmer Producer Organisations to Drive Rural Agri-Economy

The Finance Ministry has reaffirmed the government's commitment to empowering Farmer Producer Organisations (FPOs) through targeted support by the National Bank for Agriculture and Rural Development (NABARD). As a key rural development institution, NABARD is expanding its engagement with FPOs to enhance agricultural productivity, improve market access, and boost farmers’ income. The move is aligned with the broader national agenda of doubling farmers’ income and fostering inclusive economic growth.

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  • NABARD
  • Agriculture
  • Economy
By Keshav Kulshrestha , 6 August 2025
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Ather Energy Reports Rs. 178 Crore Net Loss in Q1 Amid Rising Costs and Expansion Efforts

Electric two-wheeler manufacturer Ather Energy posted a net loss of Rs. 178 crore for the first quarter of FY26, reflecting the company’s ongoing investment cycle, aggressive expansion strategy, and continued challenges in the price-sensitive EV market. Despite a year-on-year rise in revenue, mounting operational and input costs contributed to the widened loss. While Ather remains bullish on India’s electric mobility future, the short-term financial performance underscores the capital-intensive nature of building scale in the evolving EV ecosystem.

Tags

  • EV
  • Automobiles
  • Company Results
By Anant Kumar , 6 August 2025
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Marico Posts 8.23% Rise in Q1 Net Profit, Reaching Rs. 513 Crore Amid Modest Volume Growth

FMCG major Marico Ltd. reported a consolidated net profit of Rs. 513 crore for the first quarter of FY26, marking an 8.23% year-on-year increase, driven by cost optimization efforts and stable domestic performance. Despite muted volume growth in its core Indian business, strategic price adjustments and an improved product mix helped shore up profitability. While international markets witnessed moderate growth, the company remains cautiously optimistic for the quarters ahead.

Tags

  • Company Results
  • FMCG Sector
By Gurleen Bajwa , 6 August 2025
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IMMA Advocates for Centralised Fertiliser Licensing to Streamline Supply and Regulation

In a move aimed at reforming India’s fertiliser distribution ecosystem, the Indian Micro Fertilizers Manufacturers Association (IMMA) has formally urged the government to introduce a centralised licensing framework for fertilisers. The proposal seeks to replace the current state-level approval system with a uniform, national structure that simplifies compliance, reduces delays, and enhances supply chain efficiency.

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  • IMMA
  • Agriculture
By Vrinda Chaturvedi , 6 August 2025
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Avaada Electro Names Kaushal Shah as Chief Financial Officer to Drive Strategic Growth

In a significant leadership move, Avaada Electro has appointed Kaushal Shah as its Chief Financial Officer (CFO), signaling the company’s intent to strengthen its financial stewardship amid rapid expansion in the clean energy and electronics manufacturing sectors. With a rich background spanning over two decades in corporate finance, treasury, and capital management, Shah is expected to play a pivotal role in aligning Avaada’s financial strategies with its long-term vision.

Tags

  • Electronics
  • India Business
By Vinod Pathak , 6 August 2025
T

Vikram Solar Secures 250 MW Module Supply Deal with Bondada Group, Reinforcing Its Clean Energy Ambitions

In a significant development for India’s renewable energy landscape, Vikram Solar has inked a strategic agreement with Bondada Group to supply 250 megawatts (MW) of high-efficiency solar modules. The contract underscores the growing demand for domestic solar technology and strengthens Vikram Solar’s position as a key player in India’s solar manufacturing ecosystem.

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  • Power
  • Company News

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