New Delhi: With limited prospects for growth at home, Haryana’s farmers are now looking at Africa as a source of income. The Haryana Government, with the cooperation of the Central Government, has signed a Memorandum of Understanding (MoU) with the government of Tanzania to lease 1,00,000 acres of farmland to grow various crops. “The land is mineral-rich, and whatever you grow, you will have a very good crop. The land lies between the Tanzanian city of Dar es Salaam and the country’s capital, Dodoma. I am reaping benefits after I took the decision to explore the Tanzanian market,” Somveer Ghasola,58,…
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.
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Kanpur: Kanpur Plastipack Limited has reported a 6.16% rise in revenues to ₹183 crore in Q4 FY26 with its net profits rising 21.9% year on year from ₹11.91 crore in Q4FY25 to ₹14.53 crore this time. The company has attributed its capacity expansion plans, where it has already added 10% of its 6,000 MT of planned Flexible Intermediate Bulk Containers(FIBC) expansion scheduled for the next five yea₹ It is also constructing a state-of-the-art Roll Management System to enhance inventory control, with construction to be completed by September 2026. The Export Moat The plastic packaging company has been successfully boosting its…
Mumbai: Avenue Supermarts Limited, the holding company behind the DMart brand, continued to show how its value-first, brick-and-mortar retail model works at a time when convenience has become commoditized. In its latest financial filing for Q4, the company has reported revenues of ₹ 17,205 crore, a 19% year on year rise from ₹14,462 crore reported in the same period last year. Its net profit has also grown 16.9% from ₹620 crore in Q4FY25 to ₹725 crore this time. The company’s famed Everyday low cost – Everyday low price (EDLC-EDLP) strategy still holds strong, as it continues to procure goods at…
New Delhi: The Online Gaming market is now officially under the government’s lens. After the Parliament unanimously passed the Promotion and Regulation of Online Gaming Act, 2025 in August last year, the entire sector will now have to comply with the Online Gaming Authority of India(OGAI), a newly established regulator with effect May 1, 2026. Under the rules, e-sports games have to be mandatorily registered with the OGAI, with each game earning a Certificate of Registration that remains valid for up to 10 years. To ensure accountability and reduce red tape, the OGAI has to complete the registration process within…
Mumbai: Filatex India Limited’s Q4 FY26 net profit declined 27.27% to ₹40.25 crore from ₹41.38 crore in the same period last year. Its revenue for the quarter also declined 6.12% from ₹1,080.2 crore in Q4FY25 to ₹985.49 crore this time. The Q4 Speedbump: Supply Chains & Crude Volatility The polyester maker has been facing challenges with a disruption in raw material supplies along with raw material price fluctuations, mostly attributable to the ongoing war in the Middle East. This has led to sales volumes falling 6.96% YoY, as the company has prioritized inventory planning over low-margin spot sales during high…
Gurugram: Square Yards’ a Gurugram-based property technology firm, has reported a 48% year on year rise in revenue for FY25-26 along with a massive 269% rise in EBITDA from the previous year, as the company works towards meeting sustainable, high margin operations. According to its financial disclosures, the company has also crossed the Rs.2,000 crore mark in annual revenue, a 8x expansion from a five year period. This trajectory highlights a rare feat in the Indian startup ecosystem as the company looks to cement its position in the real estate brokerage space. The Multi-Vertical Growth Engine Besides its core competency,…
Mumbai: The recently listed National Securities Depository Limited (NSDL) continues to benefit from the domestic retail investment wave, onboarding 49.4 lakh net demat accounts during the financial year 2025-26. The company has been able to hold a dominant position in the custody of securities, where it has maintained a technological edge through advanced technological infrastructure and seamless integration with DP (Depository Participant) networks. During the year, the company also launched its FPI portal for Foreign Portfolio Investors (FPI) and Foreign Venture Capital Investors (FVCI) to streamline registrations and offering them a unified solution. Besides this, it has integrated more than…
Mumbai: After leapfrogging established industrialists and expanding the Adani Group to new levels, Chairman Gautam Adani has moved towards restructuring the group’s management to ensure quick decision-making and boost operational efficiencies. “As organisations grow larger, decisions become slower, and things take longer to move from one level to another. We don’t want this to happen.” Gautam Adani said to his employees on International Labour Day. “When layers are reduced, decisions are made faster, work speed increases, and the entire organisation is filled with new energy,” he added. This comes at a time when the Adani Group has grown exponentially in…
Mumbai: Automaker Mahindra and Mahindra (M&M) has recorded a rise in sales for Q4 with sales increasing 21% year-on-year to 99,969 units. This has helped the company close FY26 with strong annual volumes across categories. Passenger Vehicles: The SUV Powerhouse The SUV segment remains the flagship portfolio for Mahindra, with the company managing to overtake Tata Motors to become India’s second-largest passenger vehicle manufacturer by volume in FY26. Sales have risen 8% in the final quarter on the back of strong demand for the XUV700, Scorpio-N, and Thar. Commercial Vehicles: Trucks and Buses Lead the Charge The company has witnessed…
Mumbai: Godrej Agrovet Limited reported a mix bag of results with its revenues rising 9.3% to ₹2,333 crore in Q4 FY26 from ₹ 2,134 crore from the same period last year. Though the company’s net profit rose 48.1% to ₹105 crore in the quarter, the company’s EBITDA has declined 5.3% year on year due to operational pressures and margin contraction. Along with this, the company’s board has recommended a final dividend of ₹11 per share for the financial year. Animal Feed: The Growth Engine The company’s animal feed business remains the largest contributor to its topline, benefitting from rising demand…
