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%…
Business & Economy321- Page
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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…
Hyderabad to repair critical engine parts for Airbus, Boeing jets
GMR Aero Technic has signed a licence agreement with Honeywell Aerospace to repair critical engine components for Airbus A320neo and Boeing 737 MAX planes in Hyderabad, boosting India's aircraft maintenance, repair and…
Air India FY26 loss doubles to Rs 22,238 crore, turnaround may take decade
Air India's net loss more than doubled to Rs 22,238 crore in FY26 from Rs 10,859 crore a year earlier, according to Tata Sons' annual report. Revenue fell to Rs 70,081 crore…
CUB Q1 net profit rises 25% to Rs 383 crore
City Union Bank reported a 25% increase in net profit to Rs 383 crore for the quarter ended June 30, 2026, The Hindu reports. Net interest income rose 31% to Rs 820…
Alembic Pharma gets USFDA nod for generic constipation drug
Alembic Pharmaceuticals has received final USFDA approval for its generic Prucalopride Tablets, used to treat chronic idiopathic constipation in adults. The drug is therapeutically equivalent to Takeda's Motegrity. Based on IQVIA data,…
Tequila giant Becle makes direct India push, hires ex-Diageo executive
Becle, the world's largest tequila maker and owner of Jose Cuervo, is entering India directly through its spirits unit Proximo. It has appointed former Diageo executive Shweta Jain as managing director for…
Nykaa’s inventory model yields 45.9% gross margin, ₹79.8 Cr profit
Nykaa reported Q1 FY27 consolidated revenue of ₹2,791.3 crore, up 24% year-on-year, and net profit of ₹79.8 crore. The beauty retailer's inventory-led model, where it buys stock outright rather than operating as…
Knya revenue rises 83% to Rs 110 crore in FY26
Medical apparel startup Knya’s operating revenue rose 83% year on year to Rs 110 crore in FY26, Inc42 reports. Profit after tax more than tripled to Rs 10 crore from Rs 3…
BSE lists four new fund offers from UTI, SBI, DSP
BSE StAR MF platform has listed four new fund offers (NFOs) this week. UTI Mutual Fund launched a regular NFO with SIP facility and an ETF tracking the NIFTY 500 index. SBI…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.