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Bharat Forge patriarch refuses to part family wealth with children of estranged sister In an affidavit filed on Monday in the civil court of Pune, Kalyani said Sameer Hiremath and Pallavi Swadi cannot ask for any partition of the assets or wealth owned by any Kalyani joint family entity.

PB Fintech Q4 results: Firm back in black, PAT at ₹64 crore; revenue grows to ₹1,089.57 crore The consolidated revenue for the quarter reached ₹1,089.57 crore, marking a notable increase of 25.36 per cent compared to ₹869.10 crore reported in the same period last year.

Paytm: Two more top executives depart amid restructuring efforts The resignations come amid the company's restructuring effort, which has led to several leadership changes in recent times

IDFC Q4 results: Net profit declines 90% to ₹348 crore, revenue stood at ₹9.77 crore IDFC's net profit witnessed a significant decline of 89.73% to ₹347.85 crore in the quarter ending March 2024, compared to ₹3,387.39 crore recorded in the preceding quarter ending March 2023.

An indelible ink maker looks to make a mark beyond the poll booth The tiny PSU was founded in 1937 by Krishnaraja Wadiyar IV, maharaja of the kingdom of Mysore. Despite being in business for nearly nine decades, MPVL has not really tried to venture beyond its core business—the indelible ink. But...

Atul Das moves on from Zee, Mangesh Kulkarni named business head Last month, Zee's board of directors approved a new organizational framework suggested by Punit Goenka, the managing director and CEO.

Dr Reddy’s Q4 net profit rises 36% to ₹1,307 crore, surpasses market expectations For the full year FY24, DRL reported a net profit of ₹5,568.4 crore, a 36% increase, and total revenues of ₹27,920 crore, up 14% on year, led by performances in North America, Europe, and emerging markets.

Q4 results: JSW Energy profit rises 29% to ₹351 crore, declares ₹2 per share dividend JSW Energy’s total revenue increased by 3% YoY to ₹2,879 crore in Q4 FY24 from ₹2,806 crore in Q4 FY23

The cloud is building; will TCS, Infosys, Wipro get showers of joy? Microsoft Azure, AWS and Google Cloud clocked record new business in the March quarter, a promising turn for India's IT services firms that help move technology work from standalone data centres to those owned by cloud computing...

Tesla lays off more staff in software, service teams; plans to cut over 6,700 jobs: Report According to internal emails obtained by Electrek, Tesla communicated these changes to its employees over the weekend, suggesting a major organizational reshuffle is underway.

Blackstone, Temasek, Bain eye a big bite of Haldiram Snacks The grandsons of Haldiram founder Ganga Bhishen Agarwal are evaluating a stake sale

Hinduja's IIHL proposes changes to corporate structure in Reliance Capital takeover When seeking these approvals, the Hinduja Group had proposed implementing the transaction through two companies it owns. It now wants to include four new companies in the resolution plan.

India's IIFL Finance facing liquidity crunch after gold loan business curbs: Report In early March, the Reserve Bank of India (RBI) ordered IIFL Finance to stop sanctioning, disbursing and selling gold loans, citing ‘material supervisory concerns’ in its gold loan portfolio.

Onion tea might make you tear up, but listen to your gut After backing a plan to make sweeteners from onion waste, the consumer affairs ministry is now supporting a team that's come up with onion-based prebiotic tea

For FMCG, rural markets finally deliver some cheer India’s fast-moving consumer goods industry grew 6.6% in the March quarter as rural demand outpaced urban markets for the first time in 15 months

Jaiprakash Associates defaults on ₹4,616 crore loan amid restructuring JAL's total liabilities, including interest, stand at ₹29,805 crore, with repayment scheduled until 2037. Currently, ₹4,616 crore of this is overdue. The sum comprises a principal of ₹1,751 crore and interest payments of...

Apple is working on its own AI chip for data centers: Report Apple Inc. has been developing a homegrown chip to run artificial intelligence tools in data centres, though it’s unclear if the semiconductor will ever be deployed, the Wall Street Journal reported.

JSW to launch 60,000-tonne lithium-ion cell project with Chinese tech partner JSW's technology transfer agreement, expected within the next five to six weeks, comes in the backdrop of Indian and global firms increasingly looking to adopt Chinese expertise in advanced, cost-efficient battery tech...

TVS Capital's biggest fund yet could gamble on ‘zero-stage’ bets TVS Capital's fourth fund has raised ₹1,700 crore so far and plans to announce its first close next month

Q4 results today: Dr Reddy's Labs, Voltas, JSW Energy, Pidilite Ind, United Breweries, and others to post earnings today Q4 FY2024 Results: Around 42 companies, including Dr Reddy's Laboratories, Voltas, JSW Energy, Pidilite Industries, United Breweries, IDFC, Hindustan Media Ventures, and PB...