Business
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businessGoodyear India's net profit surged 99% to Rs 9.7 crore in Q4, leading to a Rs 26.50 per share dividend announcement. This reflects strong financial health and strategic growth.
businessAshiana Housing reported a steady Q4 net profit of Rs 21 crore, with revenue rising to Rs 335.18 crore. The company's annual net profit surged to Rs 117.89 crore, driven by strong sales bookings and increased demand.
businessDrishyam 3, starring Mohanlal, maintains a steady box office collection on its eighth day, reaching INR 60 crore domestically. Despite a weekday drop, the film's strong narrative and performances continue to draw audiences.
businessCBSE has launched a 24x7 helpline to support Class 10 and 12 students in managing stress after exam results. The helpline aims to provide timely assistance and is part of CBSE's efforts to address student mental health.
businessReliance Industries, led by Mukesh Ambani, contributed Rs 2.16 lakh crore to the national exchequer in FY26, representing 46.7% of its total value added. The company also reported a 13% decline in Q4 net profit, while annual revenue rose 10% to Rs 11,75,919 crore.
businessMukesh Ambani has forgone his salary for the sixth consecutive year, continuing a decision made during the COVID-19 pandemic. Despite a 13% decline in Q4 profits, Reliance Industries reported a 10% revenue increase for FY26. The company is set to hold its 49th AGM on June 19, 2026.
businessGP Petroleums posted an 8% rise in Q4 profit to Rs 9.3 crore, despite a revenue dip to Rs 163 crore. The company remains optimistic about demand but cautions about geopolitical and raw material challenges.
businessSalesforce surpassed Q1 FY2027 estimates with $11.13 billion in revenue, driven by cloud and AI demand. Despite strong results, investors are cautious due to softer guidance and AI industry concerns. Salesforce's AI strategy, including Agentforce and Data Cloud, is pivotal for future growth.
businessAir India has partnered with the Indian Army to offer employment opportunities to war widows and their children through Air India SATS Airport Services. This initiative aims to support the families of fallen soldiers by providing stable jobs and skill development programs.
businessPM Narendra Modi and President Droupadi Murmu extended Eid-ul-Adha greetings, emphasizing peace and compassion. Their messages highlight the festival's significance in promoting unity and harmony.
businessSnowflake's shares surged over 30% after a strong quarterly earnings report. The company's revenue exceeded expectations, and it expanded its partnership with AWS, reinforcing its position in the AI infrastructure market.
businessOver 475 companies, including Ashok Leyland and Happiest Minds, will announce their Q4FY26 earnings today. These results will provide insights into the corporate sector's performance amidst economic challenges.
businessSenco Gold's Q4 revenue rose 45% to Rs 1,997 crore, with profit surging 151% to Rs 157 crore. The company saw strong retail sales driven by wedding season demand and the old gold exchange program.
businessDevina Mehra advises retail investors to avoid 100% equity exposure due to global economic uncertainties. She stresses the importance of diversification and cautions against treating equities like fixed deposits.
businessNuclear firm Newcleo plans to go public via a $2.4 billion merger with NewHold Investment Corp III. The deal, expected to close in 2026, will support Newcleo's expansion in nuclear technology and fuel manufacturing.
businessVishal Agarwal and his wife were arrested for allegedly manipulating evidence in a Porsche crash case involving their son. A video of Agarwal celebrating his bail has sparked public outrage.
businessActor Ashwin Mushran has raised concerns about a potential toll scam on Mumbai's Bandra-Worli Sea Link. In an Instagram video, he advises drivers to check their FASTag balance to avoid overcharges, sparking widespread discussion.
businessThe JEECUP 2026 admit card is now available for download. Candidates can access their UP Polytechnic hall tickets on the official JEECUP website. This marks a crucial step for aspirants preparing for the examination.
businessLenskart is set to become a leader in the eyewear industry, similar to Tanishq in jewellery, according to Elara Capital. The company's strong business model, full-stack retail infrastructure, and international expansion are key growth drivers.
businessBrent crude prices have surged past $100 amid uncertainty surrounding US-Iran peace talks. The market is reacting to potential geopolitical impacts on oil supply. Analysts are closely monitoring the situation as it unfolds.
businessONGC reported a 4% increase in Q4FY26 revenue to Rs 1,73,805 crore and an 8% sequential rise in PAT to Rs 10,820 crore. The company announced a final dividend of Re 1 per share and plans a joint venture with Gujarat Maritime Board. Subsidiaries showed strong performance, contributing to overall growth.
businessJK Tyre & Industries announces a Rs 4,900 crore capex to boost production capacity by 24% by FY30. The expansion, heavily focused on the Chennai facility, aims to meet growing demand in the passenger and commercial vehicle segments. Despite strong financial performance, the company faces challenges from rising raw material costs.
businessAequs reported a 33% revenue growth for FY26, driven by its aerospace and consumer businesses. Despite the growth, the company's net loss widened to Rs 113.3 crore. The company went public in December 2025, raising Rs 921.81 crore.
businessJK Tyre & Industries reported an 80% rise in Q4 net profit to Rs 178 crore and announced a Rs 4,980 crore investment to expand its manufacturing capacity by 2030. The company saw strong growth in its India business, despite challenges in its Mexico operations.