RInfra Q4 net profit drops 79% on higher expenses
Reliance Infrastructure posted a consolidated net profit of Rs 918.07 crore in Q4 FY26, down sharply from Rs 4,387.08 crore a year earlier, the company said in an exchange filing. Total income…
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Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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US judge drops Adani fraud case, Bernstein says overhang eases
A US judge has approved the dismissal of fraud and bribery charges against Gautam Adani after the Department of Justice said it would not pursue the case, calling it hard to prove…
Services sector growth hits 4.5-year low in July, says HSBC PMI
India's services sector grew at its slowest pace in 4.5 years in July, the HSBC India Services PMI falling to 53.3 from 57.4 in June. New business orders eased in domestic and…
R R Kabel shares jump 2% as Q1 profit doubles; CLSA bullish
R R Kabel shares ended 2.04% higher at Rs 2,576.90 on Tuesday after touching a fresh intraday high of Rs 2,775. The company reported a standalone PAT of Rs 203.1 crore in…
Coal India shares fall 4% on weak Q1 results
Coal India shares fell 4.06% to close at ₹410.15 on Tuesday after the state-run miner reported a marginal 0.7% rise in consolidated net profit to ₹8,849.81 crore for the June quarter. Total…
BEL shares fall 4% after Q1 results, brokerages retain bullish view
Bharat Electronics (BEL) shares fell 4.46 per cent to Rs 389 on Tuesday after the company reported a 25.2 per cent rise in revenue to Rs 5,533.06 crore in Q1FY27. Net profit…
Canara Bank: Equirus retains Long, target Rs 155
Equirus Securities has retained its 'Long' rating on Canara Bank with an unchanged target price of Rs 155. The bank reported in-line net interest income with flattish net interest margins at 2.52…
Paradeep Phosphates Q1 net profit up 24% to Rs 393 cr
The Hindu Business Line reports that Paradeep Phosphates posted a 24% rise in net profit to Rs 393 crore for the quarter ended June 2026, compared with Rs 317 crore a year…
HDFC Bank trims MCLR; NBFC FD rates reach 8.50%
HDFC Bank has lowered its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 5 basis points on most tenures, effective August 7, 2026. The revised MCLR now ranges from 8%…
Hitachi Energy Q1 profit more than doubles to Rs 294 crore, revenue jumps 69%
Hitachi Energy India on Friday reported a more than twofold jump in net profit to Rs 294 crore for the June quarter of FY27, compared to Rs 132 crore in the same…
