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businessJune 2026 Calendar: Key National and International Days
June 2026 will feature a range of significant observances, including World Environment Day, International Yoga Day, and Father's Day. These events highlight important global themes such as environmental awareness, health, and family values.
businessGlenmark Pharma Q4 Profit Surges, Revenue Up 15.8%
Glenmark Pharmaceuticals' Q4 net profit surged 64 times, with revenue rising by 15.8% to ₹3,771 crore. The company declared a dividend, reflecting strong financial health.
businessDanish Pension Fund Excludes SpaceX Over Governance Concerns
Danish pension fund Akademikerpension has excluded SpaceX from its portfolio, citing governance and valuation concerns. The fund criticized the concentration of power held by Elon Musk and questioned the company's high valuation.
businessSebi Imposes Rs 29 Crore Fine on Suzlon for Financial Misconduct
Sebi has fined Suzlon Energy and its former executives Rs 29 crore for financial misconduct, including misleading disclosures and artificial profit creation. The penalties highlight significant regulatory breaches and underscore the importance of transparency in financial reporting.
businessIndiGo Reports Q4 Loss Due to Significant Forex Impact
IndiGo reported a net loss in Q4 FY26 due to a significant forex loss of Rs 4,823 crore, despite a 1% increase in revenue from operations. The airline's financial performance highlights the challenges posed by currency volatility.
businessIndiGo Reports Loss; Asian Paints Sees 69% Profit Surge
Asian Paints reported a 69% increase in Q4 profit, while IndiGo faced a loss due to forex impacts. NMDC and Glenmark Pharmaceuticals also released their earnings, highlighting varied performances across sectors.
businessAshok Leyland Navigates Cost Pressures Amid Strong CV Demand
Ashok Leyland CEO Shenu Agarwal discusses the company's strategies to manage cost pressures amid strong commercial vehicle demand. Despite fuel price volatility, the company remains focused on pricing strategies and internal cost controls. Agarwal also highlights the growing interest in electric vehicles and outlines future plans.
businessDK Shivakumar: Congress Leader Poised for Karnataka CM Role
DK Shivakumar, a veteran Congress leader, is set to become Karnataka's next Chief Minister. Known for his strategic acumen, Shivakumar has been a key figure in the party's state politics for over four decades.
businessFYJC Admission 2026: Maharashtra's First List Release Imminent
Maharashtra's Directorate of Education is poised to release the first merit list for FYJC admissions 2026. Students should check the official website for updates on seat allocations. The process is crucial for setting the stage for higher secondary education.
businessUS, Iran Extend Ceasefire; Nuclear Talks Initiated
The US and Iran have extended their ceasefire for 60 days, pending Donald Trump's signature. Concurrently, nuclear talks have been initiated, aiming to address regional tensions and nuclear concerns.
businessStocks in Focus: Asian Paints, BEML, NMDC, Coal India, IREDA
Stocks like Asian Paints, BEML, NMDC, Coal India, and IREDA are set to be in focus during Friday's trading session due to recent developments. Investors are keen on their performance following earnings reports, divestment news, and strategic plans.
businessUS and Iran Agree on Ceasefire Extension, Await Trump's Nod
The US and Iran have agreed on a 60-day ceasefire extension, pending approval from then-President Donald Trump. The deal aims to stabilize relations and reduce tensions in the region.
businessGoodyear India Q4 Profit Surges 99%, Announces Dividend
Goodyear 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 Reports Steady Q4 Profit, Revenue Surges
Ashiana 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 Box Office Day 8: Mohanlal Starrer Holds Steady
Drishyam 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 Launches 24x7 Helpline for Class 10, 12 Students
CBSE 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' Rs 2.16 Lakh Crore Boost to National Exchequer
Reliance 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 Forgoes Salary for Sixth Consecutive Year
Mukesh 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 Reports 8% Rise in Q4 Profit Amid Revenue Dip
GP 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's AI Strategy in Focus After Strong Q1 Results
Salesforce 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 and Indian Army's Initiative for War Widows, Children
Air 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 Modi and President Murmu Extend Eid-ul-Adha Greetings
PM 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.
businessAI boom fuels Snowflake's stock surge post strong earnings
Snowflake'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.
businessAshok Leyland, Happiest Minds Lead Over 475 Q4 Earnings Reports
Over 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.