Bengaluru: Centum Electronics Ltd announced its audited financial results for Q4 with a record 25.6% QoQ rise in revenue to ₹344 crores as the company worked to execute a strong order book for the year. This includes projects across its portfolio in the aerospace and defence manufacturing secto₹ In fact, its order book has risen 22.7% to ₹ 1,645 crore on a year-on-year basis. Along with this, the company has declared a dividend of ₹ 5 per share following approval from the shareholde₹ Standalone Dominance vs. Foreign Subsidiary Drag Despite this, Centum has recorded a net loss of ₹51.81 crore…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
Read More
New Delhi: The Ministry of Commerce and Industry has announced that India’s wholesale inflation has risen to 8.3% in April, a significant jump due to the massive surge in prices of crude oil, natural gas and power, following the disruptions in oil supplies from the Middle East. This unexpected rise in wholesale inflation will cascade to retail prices soon, even as Brent crude prices rise above the $105 mark as the Strait of Hormuz continues to be blocked. Fuel and power inflation has risen 24.71% in April from 1.05% in March. The overall Fuel and power index has risen 18.22%…
New Delhi: After PM Modi requested the public to avoid unnecessary purchases of gold and silver, the government has taken concrete action by doubling the import duties on gold and silver from 6% to 15% effective immediately. According to notifications by the Finance Ministry on May 12, the import tax on gold and silver totals almost 18.4% now. This abrupt increase comes at a time when India has had to curtail non-essential imports given the increasing pressure on our finances following the unending blockade of the Strait of Hormuz affecting global oil supplies. Macroeconomic Urgency This aggressive tariff hike comes…
Mumbai: Capri Global Capital Ltd, a Mumbai-based Non-Banking Financial Company (NBFC), has announced a key milestone with its gold loan business now extending to 1,000 branches across the country. This has reinforced its commitment to expand accessible and timely credit solutions across urban, semi urban and rural markets. Over time, the company has diversified its presence across 16 states and union territories, with a higher concentration in Rajasthan (168 branches), Uttar Pradesh (136 branches), Gujarat (134 branches) and Madhya Pradesh (117 branches). Besides that, its network has extended further into Maharashtra, New Delhi, Telangana, Odisha, Andhra Pradesh, Uttarakhand, Bihar, Punjab,…
Bengaluru: Kofluence, a leading Ad-Tech influencer marketing platform, released its Decoding Influence: Annual Research Report 2026. The report complied data from over 2 million creators, 1,000+ surveys and in-depth interviews with leading creators in the industry. According to the report, the influencer marketing sector is currently valued at ₹3,000-3,500 crores and is projected to reach up to ₹4,500-₹5,000 crore by 2027, with a staggering 22% CAGR. This comes at a time when the creator economy has become a crucial part of marketing initiatives, boosting deep brand integration, creator professionalization and the institutionalization of influencer marketing initiatives. “With 15% of India’s…
Solapur: Balaji Amines Limited has delivered stellar numbers for Q4 FY26, even as the company has faced challenges with raw material supply disruptions for its specialty chemicals business.The company has reported a 30% year on year (YoY) surge in PAT in Q4 FY26 to Rs.62 crore from Rs.40 crore reported for the same period last year. Its EBITDA margin has also increased to 26%, with the PAT margin increasing to 17% as well. The Board of Directors has also recommended a final dividend of Rs.11 per equity share for FY26. Operating Leverage: Margin Expansion Explains the Surge Despite the challenges…
India has been on an FTA spree lately, with India operationalizing Free Trade Agreements (FTAs) with New Zealand, Australia and the UAE in 2025 alone. With this, India has now signed FTA agreements with nine countries in the past three years, taking the total FTAs to 38 countries. “We have decided in FY27 let’s aspire for a $1 trillion exports target, 16-17 percent growth; this is not impossible with the FTAs coming up, logistics costs coming down along with states and ease of doing business,” Goyal said at the CII Annual Business Summit 2026 in New Delhi. This comes at…
Bengaluru: In a significant relief to Embassy Developments Limited, the Karnataka High Court has ruled in favor of the Bengaluru-based real estate firm, lifting a major regulatory roadblock over its premium tech park project. The ruling, passed on May 12, allows Embassy East Business Park Limited (EEBPL), a subsidiary of the company, to retain possession of the Kadugodi Industrial Area Land. The land, measuring more than 78 acres, was being developed by EEBPL for a technology park in East Bengaluru. This development is the second positive legal achievement for the company, after the National Company Law Appellate Tribunal (NCLAT) quashed insolvency…
In a rare move, PM Modi, has, on two separate occasions, made a direct appeal to citizens to avoid unnecessary travel, to embrace Work From Home and to reduce non-essential gold purchases. This comes at a time when India cannot shield its population from price rise anymore, especially as it has, so far, not increased petrol and diesel prices despite crude oil being more than 50% dearer since the start of the Middle East conflict. India is the last developing country to shield its population from the conflict, even as neighbouring Bangladesh, Sri Lanka and Pakistan have already increased their…
New Delhi: The National Testing Agency (NTA) cancelled the NEET-UG exam on May 12, after reports emerged of a ‘guess paper’ that was widely circulated through Telegram and offline before the exam. This paper contained almost 120 questions asked in the Chemistry paper exactly, out of the 410 questions. Many sold the paper online for up to ₹2 lakh even as genuine candidates spent months preparing for the exams. https://www.youtube.com/watch?v=Uka4JyfDvVI “I don’t understand why the paper was given to the candidates in the first place,” Khan sir said. “The NTA should be renamed as the ‘Never Trustable Agency,”…
