Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.
The data may include details of foreign bank accounts, investment accounts, certain financial investments, interest income, dividends and other specified financial income held by Indian tax residents abroad.
A land dealer was allegedly shot dead in Ranchi, Jharkhand, due to a financial dispute. Police have arrested the accused and are investigating the incident.
ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.
A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.
Union Minister Nitin Gadkari has filed a civil suit against Meta, X Corp, Google LLC, and unknown persons in the Bombay High Court over "defamatory" deepfakes and AI-generated posts concerning the ethanol policy. The court will hear the matter on August 5, with Gadkari seeking a permanent injunction and immediate takedown of the fake content, which he claims has harmed his reputation.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.
Millions play cricket in India; only a few reach the IPL teams or the Indian team. Sometimes, a player may not get selected not due to lack of skill, at other times it may be due to team balance. But what every youngster should remember is that talent is permanent; selection is temporary, notes K R Nayar.
FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.
Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.
You should look beyond a flat SIP, ensuring that your investments grow along with your income, expenses, and financial aspirations.
Congress leaders Rahul Gandhi and Mallikarjun Kharge have written to Prime Minister Narendra Modi, demanding an independent investigation into alleged embezzlement of donations at the Ayodhya Ram temple. They highlighted that devotees feel betrayed and urged the Prime Minister to ensure accountability and make the Trust's financial affairs public. The controversy follows the arrest of eight people and the resignation of two Trust functionaries in connection with the alleged theft.
FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.
Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.
The Bangalore Hotels Association (BHA) on Wednesday warned that hotels affiliated to it and other hospitality bodies in the city would suspend business with online food delivery platform Swiggy from August 15 if the company failed to resolve longstanding issues relating to payment transparency, unauthorised deductions and advertising charges.
Taxpayers must provide more details to support deduction and exemption claims.
Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.
High-performance computing server maker Netweb Technologies reported a more than twofold increase in net profit to Rs 85.32 crore for the first quarter ended June 30, 2026. This significant growth was primarily driven by its AI Systems segment, which contributed over 62% of the revenue. The company also saw its revenue from operations more than double to Rs 819.6 crore, reflecting strong demand and disciplined execution, with a robust order book of Rs 2,507 crore.
For hundreds of Indian scholars who journeyed to Canada aiming for a foreign degree and a path toward long-term career opportunities, what should have been a triumphant graduation has instead spiralled into deep uncertainty.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF), a move aimed at promoting motorsport and facilitating Formula 1's return to India. This recognition requires FMSCI to amend its constitution to comply with governance acts, and a Task Force is being established to assess the benefits and challenges of hosting major motorsport events.
'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'
Hindustan Unilever Ltd (HUL) reported a 3.17 per cent year-on-year decline in consolidated net profit to Rs 2,680 crore for the June quarter, even as revenue from product sales surged by 10.26 per cent to Rs 17,149 crore, marking its highest growth in 13 quarters.
Chhattisgarh Chief Minister Vishnu Deo Sai announced a Rs 100 crore allocation for sports infrastructure and athlete development during a Sports Conclave in Raipur. The state government is focused on promoting sports, nurturing talent, and providing employment opportunities for outstanding sportspersons, alongside organising major sporting events like the Bastar and Surguja Olympics.
A bipartisan group of US Senators has agreed to fast-track a bill allowing the President to impose sanctions on major purchasers of oil from Russia and Iran. This legislation, known as the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, aims to restrict funding for Russia's war efforts and Iran's energy and weapons sectors, potentially impacting countries like China and India through tariffs and other restrictions.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
The Securities and Exchange Board of India (Sebi) has introduced a comprehensive new code of conduct for its board members, significantly tightening rules on conflict of interest, disclosures, recusals, and non-permitted investments, moving from broad ethical guidelines to a more prescriptive, compliance-driven regime.
HCL Technologies reported a significant 20 per cent year-on-year increase in its consolidated net profit for the June quarter of FY27, reaching Rs 4,624 crore, while maintaining its revenue growth guidance of 1-4 per cent for the fiscal year.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has invited applications for the first Chief Executive Officer (CEO) of the Ram temple in Ayodhya. This new position aims to strengthen administrative and financial management following alleged embezzlement concerns. The CEO will be appointed for a three-year term, overseeing various aspects from finance to pilgrim facilities, and must be an actively practising Hindu with specific managerial experience.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
Doctors attribute the rise in male infertility to obesity, diabetes, smoking, chronic stress, inadequate sleep and sedentary lifestyles.
FIFA President Gianni Infantino's ambitious plan to sell a 20% stake in a commercial entity managing the World Cup and other tournaments to private investors has been abandoned following widespread opposition, including a boycott threat from UEFA.
Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.
'At the end of the day, it is just another technology produced by the human mind.'
'I am getting better. Thank you for checking in.'
Indian boxing icon Vijender Singh is planning to establish a boxing academy in his ancestral village of Kaluwas, Bhiwani, and has sought financial assistance from the Sports Ministry.
Indian athletes delivered a strong performance at the Commonwealth Games, with weightlifters Gyaneshwari Yadav and Bindyarani Devi securing silver and bronze medals respectively. Several athletes, including long jumpers M Sreeshankar and Lokesh Sathyanathan, boxers Sachin Siwach and Ankush, and swimmers Sajan Prakash, Aryan Nehra, and Swatik Patel, also advanced to their respective finals or quarter-finals, showcasing India's diverse talent across multiple disciplines.
HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.
Indian para-athlete Dilip Mahadu Gavit, fresh off winning the Commonwealth Games 2026 gold medal in the men's T47 100m with a Games record, dedicated his triumph to his coach Vaijanath Kale on Guru Purnima, crediting him for spotting his talent and transforming his career.
