UltraTech Cement, India’s leading cement maker, on Saturday (January 24, 2026), reported a consolidated net profit of ₹1,729.44 crore for December quarter FY26. It had posted a net profit of ₹1,363.44 crore in the October-December period a year ago, the Aditya Birla group flagship firm said in a regulatory filing. Revenue from operations was at…
Shriram Finance. File | Photo Credit: Special Arrangement Non-bank lender Shriram Finance on Friday (January 23, 2026) reported a 22% decline in its net profit for the December quarter to ₹2,530 crore on a consolidated level. The company had reported a net profit of ₹3,249 crore in the year-ago period and ₹2,314 crore in the…
Granules India posted 28% higher net profit for the third quarter ended December at ₹150.2 crore compared with ₹117.6 crore a year earlier. Revenue from operations stood at ₹1,387.9 crore (₹1,137.7 crore), an increase of 22%, which the generic drugmaker said was driven by the Finished Dosages (FD) segment in North America and Europe. FD,…
IndusInd Bank. File | Photo Credit: Reuters IndusInd Bank’s standalone net profit fell 88.5% to ₹161 crore in the quarter-ended December 2025, as against ₹1401 crore in the same period last year. The bank’s net interest income (NII) reduced 13% to ₹4562 crore in the reporting quarter, as against ₹5228 crore in the year ago…
Adani Enterprises Ltd. File | Photo Credit: Reuters Adani Enterprises Ltd tanked 10.76% to ₹1,861.80 a share after the U.S. capital market regulator Securities Exchange Commission (SEC) sought U.S. court to bypass India and send summons to the conglomerate on bribery cases. Also Read | Adani Group completes full takeover of IANS news agency The stocks opened…
Equity benchmark indices Sensex and Nifty resumed their downward journey to end nearly 1% lower on Friday (January 23, 2026), dragged by widespread sell-off and the rupee depreciating to hit a record low against the U.S. dollar. Besides, investors rushing to safe-haven assets from riskier assets and unabated foreign capital outflows in the absence of…
The Securities and Exchange Board of India (SEBI) has accused current and former executives at the local units of PwC and EY, among others, of breaching insider trading rules involving a 2022 share sale by Yes Bank, according to a regulatory notice. SEBI also accused executives at U.S. private equity firms Carlyle Group and Advent…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Indian rupee fell to a record low on Friday (January 23, 2026) and posted its steepest weekly decline in six months, weighed by sustained foreign outflows and hedging by importers. The rupee came within a hair’s breadth of the 92.00 level on Friday…
Image used for representational purposes only. | Photo Credit: Reuters Billionaire Gautam Adani’s group has taken full control of news agency IANS by purchasing the remaining 24% stake for an undisclosed sum of money. AMG Media Networks Ltd, the media arm of the group’s flagship firm Adani Enterprises, has entered into a share purchase agreement…
A man walks past the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty pared opening gains to trade lower in the early session on Friday (January 23, 2026) amid sustained selling by foreign institutional investors. The 30-share BSE Sensex opened higher at 82,335.94 and later…
