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Samsung to get up to ₹600 cr as phone manufacturing PLI This would be the largest payout ever under the scheme, the first in a series of similar schemes rolled out to incentivize domestic manufacturing

ICICI Pru chief for simpler products in life insurance ICICI Pru Life's new CEO, Anup Bagchi's focus is on unlocking the latent demand in the industry through better customer engagement and capacity building

India’s appeal as alternative to China rises: Citi’s Khullar In an interview, Citi India chief executive Ashu Khullar emphasized that while India is not the only option to counter the world’s dependence on China, it is a credible option, and the bank is seeing growing interest among clients to...

Tata Projects to focus on building chip factories Tata Projects is in the final stages of starting on a large “state-of-the-art semiconductor manufacturing project” that shall involve the latest construction technologies including prefab/pre-engineered/modular construction

Drink up: It’s the season of stress for breweries Liquor makers and drinkers may be in for a spell of distress. Indian breweries are facing multiple headwinds, from excise duty hikes in Karnataka—a huge liquor market—to rising raw material prices. In turn, consumers, too, may be impacted. Mint...

Tesla car price: Model Y ₹1.5 lakh cheaper now; Elon Musk's company declares discounts after sales drop in China Tesla has reduced car prices of Model Y variants in China by 14,000 yuan (equivalent to about ₹1.5 lakh) as Elon Musk's company plans to offer insurance subsidies for Model 3 buyers.

Q1 results today: ITC, Divi's Labs to Vodafone Idea: 139 companies to declares Q1 results 2023 Q1 results 2023: A total of 139 listed companies are going to declare Q1 results today

ITC Q1 Results Highlights: Net profit rises 17.5% to ₹4,902 cr; board approves 25% stake in Maharaja Resort ITC Q1 Results Live: The cigarette-to-hotel conglomerate's revenue from operations during the June quarter came in at ₹16,995 crore, registering a decline of 7 per cent, compared to...

ITC Q1 Results: Net profit likely to rise 16%, revenue may remain flat YoY; Cigarette volume growth to be steady ITC Q1 net profit is expected to rise 16.7% on-year to ₹4,886 crore led by steady growth in cigarette and fast-moving consumer goods (FMCG) businesses, as per brokerage poll by Liemint.

Apollo Hospitals' focus on healthcare segment fuels positive outlook Apollo Hospitals' overall occupancy was 62% and the company plans to achieve more than 70% over the next two year

SpiceJet Q1 Results: Net profit jumps to ₹205 crore against a loss of ₹789 crore YoY On a consolidated basis, SpiceJet reported a net profit of ₹197.63 crore in the quarter ended June 2023 as compared to a net loss of ₹783.62 crore in the corresponding quarter of last year.

Adani-Hindenburg case: SEBI seeks 15-days extension to complete probe SEBI has asked the Supreme Court for 15 more days to investigate Adani group following Hindenburg report.

India's big startups burn through cash at alarming rate The amount of cash these startups are burning will shock you. Read on

Divi's Labs Q1 profit slumps on drug pricing pressures Divi's Labs is also involved in the contract manufacturing of APIs and intermediates for global companies. Exports to the U.S. and Europe contribute to over 60% of revenue

DMRC to offer QR code-based Delhi Metro tickets on IRCTC platform IRCTC signs agreement with DMRC for QR code-based metro tickets. IRCTC Q1 profit declines 5% YoY.

Delhi restaurant cannot use Burger King in its name: SC Burger King Corp. had filed a rectification suit against Burger King New Delhi, alleging confusion among consumers and dilution of the brand's distinctiveness due to the family restaurant's use of the trademark

Coal ministry to invest ₹26,000 cr in railway projects to boost multimodal connectivity This strategic step is aimed at optimizing coal transportation and streamlining the loading process.

SpiceJet-Credit Suisse case: Supreme Court summons Ajay Singh for personal appearance SpiceJet-Credit Suisse case: Supreme Court summons Ajay Singh for personal appearance

ITC Q1 Results: Net profit rises 17.6% on year to ₹4,902.74 crore ITC Q1 earnings: ITC Ltd Q1 net profit rises 17.6% to ₹4,902.74 crore; share price closes flat at ₹448.95 on BSE.

SJVN inks PPAs with PSPCL for 1200 MW solar projects The projects are expected to generate 2,997 million units in the first year and about 69,661 million units over a period of 25 years