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Ambuja Cements Q2 net profit falls 42% to ₹456 crore

The company’s revenue from operations for the quarter ending September 30, 2024 grew marginally to ₹7,516 crore as compared with ₹7,424 crore in the same period last year




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IOC Q2 net profit slumps 98% on fall in refining, fuel margin

IOC and other state-owned fuel retailers — HPCL and BPCL — had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost.




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India’s IT services market grew 6.1% in 2023, reaching a size of $14.5 bn: International Data Corporation

While IT investments showed a slower recovery compared to the previous year, digital transformation (DX) initiatives and IT environments would continue to drive market growth




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IT Minister Nara Lokesh calls on Microsoft CEO Satya Nadella, other tech CEOs in U.S.

IT Minister Nara Lokesh, during his interactions with tech CEOs in the U.S., projected the State Government’s vision of Andhra Pradesh becoming a technology hub




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Maruti Suzuki Q2 net profit falls 17% to ₹3,069 crore

Maruti Suzuki India Ltd. reports 17% drop in net profit due to tax changes, plans amalgamation with subsidiary




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U.S. faces shortage of IV fluids, India alerts domestic firms to chip in 

The drug exporters body of India has asked Indian drug makers who have approvalsz, to express their willingness to supply to the U.S., where Hurricane Helene has caused damage to a manufacturing facility




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Dabur Q2 profit down 17.6% to ₹417.5 cr impacted by inflation, squeeze in urban demand

The company had posted a net profit of ₹507.04 crore in the July-September quarter a year ago, Dabur India said in a regulatory filing




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Lower sales realisation hit margins of cement makers in Q2

Industry observers said the increase in sales volume of UltraTech and Ambuja Cements is mainly due to the several acquisitions by both companies that consolidated their position further in the industry




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India becoming part of global drug development operation of BMS: Samit Hirawat 

Samit Hirawat discussed India’s growing significance as a site for clinical trials, innovations in drug development, and how technology is poised to help bring new products to market faster




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SEBI directs Embassy Office Parks to suspend CEO

Embassy REIT is India's first publicly listed Real Estate Investment Trust




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L&T, E2E Network form alliance for deployment of Gen AI solutions in India

“The partnership is a significant step towards adoption of GenAI solutions in India to foster a fundamental shift in the way Accelerated Computing on Cloud is used by Indian organisations,” the companies said




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Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore

The company, consolidated revenue for the period grew 10% to ₹37,924 crore Year on Year (YoY)




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Fintech Progcap to digitise supply chains of MSMEs to make them part of formal economy




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ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe

Amazon and Flipkart have for years faced allegations from Indian brick-and-mortar retailers that they violate foreign investment rules by working with select preferred sellers




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Trent Ltd Q2 net profit surges 44% to ₹339 crore

Consumer sentiment has remained relatively muted says Chairman Noel N Tata




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SBI Q2 net profit jumps 23% to ₹19,782 cr

The consolidated net profit for the corresponding period last year stood at ₹16,099 crore.




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Tata Motors Q2 consolidated net profit declines 11% to ₹3,343 crore

The company had posted a consolidated net profit of ₹3,832 crore in the same quarter of the last fiscal, Tata Motors said in a regulatory filing.




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Tea industry calls for scientific quality grading of tea

During the 141 th AGM of Indian Tea Association, the stakeholders of tea industry highlighted the challenges faced by the industry which included the “unsustainable increase in costs” amidst “unremunerative prices” with “adverse weather conditions across Assam and Bengal” further aggravating the situation. 




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LTTS to acquire California firm Intelliswift for an aggregate consideration of $110 million

As per the filing, Intelliswift services four of the top five hyperscalers and caters to over 25 Fortune 500 companies including five of the top 10 ER&D spenders in Software and Technology




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Amul to enter Europe by end of this month: MD

The company will launch the products in Spain first and then look at expanding to other countries in Europe




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Travel brand Cox & Kings returns under the ownership of PE firm Wilson & Hughes Pte

Acquired through its Indian subsidiary, Wilson & Hughes PTE, has exclusively acquired the brand Cox & Kings along with over 200 plus specialised sub-brands that were part of its portfolio.




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Lots of learnings from BharatNet’s first two phases: Telecom Minister

As significant contracts from the BharatNet broadband coverage programme’s third phase have been announced, Communications Minister Jyotiraditya Scindia said that the government was learning from the gaps in the first two phases.




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BCCI tells NCLT that it will move application for withdrawal of insolvency plea against Byju’s

Last month, Supreme Court had set aside a judgement of the National Company Law Appellate Tribunal (NCLAT) allowing a ₹158 crore settlement between ed-tech firm Byju’s with the BCCI.




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Digital University Kerala presents report on digital transformation study of judicial systems to Kerala High Court

DUK Vice-Chancellor emphasises the report’s focus on harnessing cutting-edge technology to streamline the judicial process, reduce case pendency and optimise case management workflows.




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Closure of Alappuzha weather observatory to leave a hole in forecasting capabilities of IMD on coastal stretch

IMD has temporarily closed down the observatory, which started functioning in 1931, in the wake of an eviction notice issued by Port department




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Munnar panchayat continues eviction of illegal roadside shops

In four days the authorities have removed nearly 100 roadside shops




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Kerala SSLC exams to begin on March 3, results to be out by third week of May

SSLC model exams will be held from February 17 to February 21. First-year higher secondary exams will be held from March 6 to March 29, second-year exams from March 3 to March 26




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Ireland-based semiconductor firm Trasna’s office inaugurated in Technopark




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Sathram, a traditional forest path to Sabarimala, continues to lack essential amenities ahead of pilgrimage season

Local people say that path leading to the  Sannidhanam has not yet been cleared, nor have other preparations been made. However, Forest department claims that 6 km of the forest path have been cleared and remaining will be done before the season officially begins




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Directorate of Collegiate Education introduces SOP for guest lecturer postings, salary disbursal

Principals are mandated to ensure that salaries for guest lecturers are paid prior to submitting salary bills for regular faculty members




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School of drama to host third International Festival of Theatre Schools in February

Three research chairs, named after G. Shankara Pillai, Vayala Vasudevan Pillai and Ramachandran Mokeri, to be established at the institution




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Bose Krishnamachari emphasises the role of arts in education




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First meeting of the Indian Fisherwomen Assembly held in Thiruvananthapuram

Activists and leaders of various movements, families of Muthalapozhi victims participate. Vinesh Phogat, wrestler and Haryana MLA, will be chief guest at closing ceremony on November 6




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IAS officers flay ‘insinuations’ about Kannur Collector




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Kerala Government’s Millet Cafe in Thiruvananthapuram has a plethora of millet-based dishes

The cafe at Ulloor Junction run by Harithodayam is the first one to be launched by the Government of Kerala




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Row over relocation of school gate, allegedly for a bar hotel to get licence




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Stalemate over protest of private waste collectors in front of Corporation office continues




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Govt. caught napping as key officials wrangle in public




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Kerala University to hire retired Professors as adjunct faculty




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Police fail to confirm hacking of IAS officer’s phone in row over religious WhatsApp group

Opposition accuses CM of turning a blind eye to the infiltration of the IAS by fundamentalists




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Former Kerala Minister Mercykutty Amma wades into IAS officers’ spat, says Prasanth plotted against her

State govt. is considering disciplinary action against N. Prasanth, Special Secretary, Agriculture department, for his social media comments on Additional Chief Secretary A. Jayathilak




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Dowry demand: panel seeks report from women protection officer in capital

The woman’s family refused to solemnise marriage after a dowry demand was made and approached the Kerala Women’s Commission




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‘Mallu Hindu’ WhatsApp group row: Kerala government suspends two IAS officials

Officials subjected to punitive action are Industries department Director K. Gopalakrishnan and Special Secretary, Agriculture, N. Prasanth.




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The business of holidaying

Kavinder Singh on how Mahindra Holidays delivers on its vacation ownership model




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Do online distributors selling direct funds offer better deal?

Clearfunds CEO on how he plans to give best advice at lowest possible cost to investors




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Taking stock of the Budget

How will Budget 2018 impact the stock market? Traders and investors share their expectations




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Is digital banking paying off ?

Delivering services through use of technology has helped manage operational risk




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Will the healthcare push pay off?

The National Health Protection Scheme should act as a catalyst to increase health insurance penetration in the country, says Gopal Balachandran




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Will Budget offer cover for the common man?

The Centre’s focus on affordable housing and healthcare is a welcome step




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What will propel the growth of mining?

Self-declaration, simple policies and quick decisions, says Sunil Duggal, CEO, Hindustan Zinc