Mumbai: Reliance Industries Limited (RIL) financial results for Q4 FY26 has been a mixed bag, with the company’s core petrochemical business witnessing a 12.5% decline in Net Profits, even as Jio Platforms’ PAT rose 13%. The two-month-old US-Iran war has affected RIL’s petrochemical business, with its profits declining from ₹19,407 crore last year to ₹16,971 crore this time, Reliance Jio’s rise This was mitigated by Reliance Jio Platform’s 13% rise in Profit After Tax (PAT) to ₹7,935 crore from ₹7,022 crore a year ago. The company Average Revenue Per User (ARPU) has increased by 3.8% from ₹206.2 last year to…
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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According to predictions from the Indian Meteorological Department (IMD), India is expected to experience a heatwave across major populated regions, including Delhi-NCR, Punjab, Rajasthan, Vidarbha, Chhattisgarh, and Jharkhand. With the rains still two months away, heatstroke could become a challenge with far-reaching implications for everyone under the sun. The Productivity Gap: Labor in the Sun Almost 50% of India’s workforce is ‘heat exposed’, meaning they work in environments where they are subject to direct or intense heat, such as farmers preparing their fields, workers carrying heavy loads on construction sites, or miners laboring in hazardous, high-temperature conditions. For these workers,…
Bengaluru: Can Fin Homes Limited (CFHL) delivered strong performance for its Q4 FY26 results, with its consolidated net profit rising 31% Quarter on Quarter (QoQ) from ₹265 crore to to ₹346 crore. On a yearly basis, the company’s net profit reached ₹1,086 crore for FY26, representing a solid 27% growth over the previous year. In a move to reward shareholders, the board has recommended a dividend of ₹8.00 per share. Combined with the interim dividend paid earlier, the total payout for FY26 stands at ₹15.00 per equity share. Loan Book and Margin Expansion The company’s loan book has grown by…
Strong silver prices have helped Hindustan Zinc Limited (HZL) report a massive 68.2% Year-on-Year (YoY) jump in consolidated net profit for the quarter ended March 2026, reaching ₹5,033 crore. The company, which is also the world’s second-largest integrated zinc producer, saw its margins expand significantly as global metal markets favored its diversified portfolio. Along with the results, the Board of Directors also announced the first interim dividend for FY27 at ₹11 per equity share, amounting to a total payout of ₹4,648 crore. The Silver Boost Even though Zinc remains the company’s primary volume driver, silver has been the undisputed star…
Mumbai: After placing a non-binding, $10 billion bid for US-based women’s pharma specialty player Organon, Dilip Sanghavi-led Sun Pharma has upped its bid for the company. According to a report in the Economic Times, the company has submitted a $13 billion binding bid for the company, which could become one of the largest takeovers by an Indian pharmaceutical company. Besides Sun Pharma, Swedish equity firm EQT and German drugmaker Gruenthal have also bid for the US-listed company. If this deal goes through, Sun Pharma would be able to expand from a generic-heavy manufacturer to a global leader in women’s health and…
New York: As of 2026, Binance has emerged as the largest crypto exchange, having recorded a staggering $1.09 trillion in total trading volume, capturing over 34.9% of market share among the top 10 exchanges. This trend has signaled the consolidation in trading volumes for the crypto industry, where fragmented liquidity amongst dozens of minor exchanges is slowly ending. Instead, trading is migrating to ‘liquidity magnets’ platforms where order books are deep enough to handle institutional-sized trades without a significant price impact. Why Liquidity is Concentrating at Binance According to data by CryptoQuant, Binance is leading the market by cleaning $1.09…
New Delhi: With pickleball gaining traction globally and increasingly in India’s urban and corporate communities, CII Indian Women Network (CII-IWN), in association with Usha, will host the Usha CII-IWN Pickleball Invitational in New Delhi on April 26 at REPPP, Mehrauli. 12 corporate teams comprising of approximately 70 participants, including business leaders, entrepreneurs, and professionals, will participate in a mixed team reinforcing collaboration and equal participation on court and played in a Davis Cup-Style format. This event showcases a significant shift in how corporate India is moving beyond traditional boardroom settings and adopting fitness as an important part of their lifestyle.…
Bengaluru: Infosys Ltd’s shares fell 6% in early morning trades on April 24 despite the company announcing a 21% year on year (YoY) rise in consolidated net profit for the quarter ended March 2026. The Bengaluru-based IT company has also seen its consolidated revenues rise to ₹46,402 crore from ₹40,925 crore, a 13.4% rise from the same quarter last year. The drop in share price has been attributed to the company’s conservative revenue growth guidance of 1.5% to 3.5% for FY27, given that the recovery in global discretionary spending remained slow. Last quarter, the company’s revenues beat its own estimates,…
New Delhi: Aditya Birla Sun Life AMC Limited (ABSL AMC) Q4 results has shown mixed results, with the company’s other operations resulting in a loss of ₹32.86 crore even as its core operations revenues increased 6.8% to ₹458 crore. “Recommendation of final dividend of ₹25.50 per equity share of ₹5 each of the company for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM),” the company said in a press release to the bourses. Despite this, ABSL’s Board of Directors have recommended a final dividend of ₹25.50 per equity…
New Delhi: India is aiming to tighten the validity of its welfare payments system by running pilots of the e-Rupee(e₹), a digital version of the currency that can address the challenge of leakages within the welfare distribution system. Launched in 2022 by the RBI as a Central Bank Digital Currency (CBDC), the eRupee differs from UPI in that it can be programmed to be used only for select purposes, helping to arrest the misuse of government subsidies by beneficiaries. Though government corruption has been minimized as the cash is now being directly credited to the beneficiary’s bank account, there is…
