Swiggy targets Rs 10,000 crore EBITDA by FY31
Swiggy has set a target of Rs 10,000 crore in annual adjusted EBITDA by FY31, ETtech reports, after posting a Rs 2,483 crore adjusted EBITDA loss in FY26. The plan assigns Rs…
Business & Economy300- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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ICICI Securities picks HAL as defence orders may rise
Defence Acquisition Council approvals reached Rs 52,000 crore in FY26, their highest recorded level, according to ICICI Securities’ report cited by NDTV Profit. The brokerage expects defence order awards to accelerate in…
Motilal Oswal Reviews Q1 Results Of Three Companies
Motilal Oswal’s first-quarter review covers Bharti Hexacom, Happy Forgings and Ventive Hospitality, NDTV Profit reports. Bharti Hexacom continued to benefit from wireless growth and free cash flow generation, while Happy Forgings posted…
Three brokerages favour ICICI Bank among six Indian stocks
Morgan Stanley, HSBC and Bank of America have converged on six Indian stocks, according to NDTV Profit. The list includes ICICI Bank, Bajaj Finance, Larsen & Toubro, Titan, Hindalco and Lenskart. ICICI…
RBI to reopen urban cooperative bank licence applications
The Reserve Bank of India will resume issuing licences for urban cooperative banks on an on tap basis, after a pause of more than two decades. Governor Sanjay Malhotra said draft guidelines…
Indonesia to Take 60% Control of China-Funded Whoosh Railway
Indonesia will take a controlling 60% stake in PT KCIC, operator of the $7.3 billion Whoosh high-speed railway linking Jakarta and Bandung, Finance Minister Purbaya Yudhi Sadewa said. Chinese state-owned firms will…
Centre Approves Rs 353 Crore Fisheries Package for Telangana
The Centre has approved fisheries projects worth Rs 353.01 crore in Telangana under the Pradhan Mantri Matsya Sampada Yojana, Union Minister Rajiv Ranjan Singh told the Rajya Sabha in a written reply.…
Bengaluru’s MTR to open first Australian restaurant in Sydney
Mavalli Tiffin Rooms plans to open its first Australian restaurant in Sydney by the end of September, The Hindu reports. The Bengaluru institution will serve its familiar menu of dosas, rava idli,…
Rajpal Yadav’s Shahjahanpur Properties Face September 9 Auction
The Central Bank of India has scheduled a September 9 online auction of two properties linked to actor Rajpal Yadav in Shahjahanpur, Uttar Pradesh, over alleged unpaid dues of Rs 16.61 crore…
TCS Leads IT Rally as F&O Data Shows Short Covering
TCS shares led a rally in IT stocks, while rising futures prices and falling open interest indicated short covering in TCS, Infosys and HCLTech, NDTV Profit reports. Tech Mahindra saw fresh long…
