FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
The Enforcement Directorate (ED) has arrested Nowhera Shaik, the prime accused in the Heera Group-linked alleged investment fraud, from an Airbnb property in Gurugram. Shaik was living under a fake identity and using forged documents. The Heera Group allegedly collected over Rs 5,978 crore from the public, promising high returns but failing to return even the principal amount.
Buoyant domestic sales are expected to lift revenues for pharma companies by 8-11 per cent in Q3FY26, even as declining generic Revlimid (cancer drug) sales in the US remain a key drag. Most brokerages forecast a modest 2-4 per cent growth in profit after tax (PAT) for the quarter. Hospitals and diagnostics companies, meanwhile, are likely to post much stronger numbers, with revenues seen growing 20-22 per cent year-on-year (Y-o-Y).
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
'With inflationary pressures now at elevated levels and the adverse cost environment persisting, the company has to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible.'
'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'
At least 14 people have died in Pune after consuming suspected spurious liquor. Police have arrested eight individuals, including a key bootlegger, and the investigation has been transferred to the CID. The incident has sparked outrage and raised concerns about the illegal liquor trade.
AI-powered fleet safety and performance solutions provider Netradyne has acquired European fleet intelligence and connected mobility company Moove Connected Mobility for an undisclosed sum.
At least 13 people have died in Pune after consuming suspected spurious liquor, leading to multiple arrests and a high-level investigation.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
The Jharkhand High Court has rejected a bail application filed by suspended IAS officer Vinay Choubey in a case registered by the anti-corruption bureau, involving the illegal sale of land and manipulation of records during his tenure as deputy commissioner in Hazaribagh.
The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
The BCCI announced the commencement of the third stage of ticket sales for the upcoming T20 World Cup following the two successful ticketing windows, with Phase 1 launched on December 11, 2025, and Phase 2 on January 14, 2026.
rediffGURU Vishal Bisht, founder and CEO of IT services provider Marksman Technologies, recommends strategies to build a successful brand.
The Indian Premier League (IPL) has seen a significant increase in digital watch-time and strong TV viewership, according to broadcasters. Digital watch-time is up by seven per cent, and TV viewership is on track to reach 500 million.
A 32-year-old man has been arrested in Delhi for allegedly defrauding a resident of 2 lakh under the guise of selling a second-hand car online. The accused impersonated an employee of a reputable online car sale platform to gain the victim's trust.
Tamil Nadu Chief Minister C Joseph Vijay has ordered the closure of 717 retail liquor outlets across the state, responding to public demand, particularly from women and political parties.
Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.
A rare albino buffalo nicknamed 'Donald Trump' due to its distinctive hairstyle has been sold in Bangladesh ahead of Eid al-Adha, capturing widespread attention on social media and local news.
Maharashtra excise department seized Indian-Made Foreign Liquor (IMFL) manufactured in Goa, valued at Rs 1.43 crore, in Thane city and arrested two persons.
Authorities in southwest Delhi demolished illegal constructions allegedly linked to drug peddling in the Najafgarh area. The action was conducted in areas under Baba Haridas Nagar in Dwarka, where structures outside residential houses were being used for illegal sale and distribution of narcotics.
Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.
The Enforcement Directorate (ED) questioned IAS officer Ansar Shaikh regarding alleged illegal sand mining and trafficking from riverbeds in West Bengal's Jhargram district and adjoining areas.
FIFA officials are visiting India this week to try and resolve a deadlock over broadcast rights for next month's World Cup, with millions of Indian soccer fans potentially missing out on the tournament.
India's foreign exchange reserves saw a significant increase of USD 6.295 billion, reaching USD 696.988 billion for the week ending May 8, as reported by the Reserve Bank of India.
FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.
Punjab minister Sanjeev Arora has been sent to judicial custody for two weeks in connection with an alleged Rs 100-crore money laundering case. The Enforcement Directorate produced Arora before the court after completing his extended remand. The minister's next court appearance is scheduled for June 1st.
Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.
A high-stakes memorandum for a 60-day ceasefire between the United States and Iran is in its final stages, with negotiators working to close remaining gaps and avert further escalation in the region, including reopening of the Strait of Hormuz and the resumption of Iranian oil sales, according to an Axios report citing US officials.
Gurugram police have arrested a web designer accused of creating a fake Zomato website to sell fraudulent tickets for Punjabi singer Diljit Dosanjh's concert.
The Uttarakhand Special Task Force arrested two men and seized approximately Rs 10 lakh worth of charas during a joint operation in the Kathgodam area.
A farmer couple in Uttar Pradesh allegedly died by suicide due to mounting debt and a family dispute over land. Santosh Kumar, 66, and his wife Radha Devi, 60, were found unconscious near Adurpur village after consuming a poisonous substance.
The West Bengal government is set to investigate the chaotic scenes that marred Lionel Messi's visit to Kolkata last year, with concerns raised over ticket sales, security, and administrative lapses.
Priyanka Chopra and Orlando Bloom are confirmed to lead Reset, an upcoming survival thriller directed by Matt Smukler, promising a gripping tale of mystery and deceit.
The OnePlus Nord CE6 Lite is a fresh addition in the Nord CE Lite range.
Delhi Police seized over 1.50 lakh prohibited imported cigarettes worth approximately Rs 15 lakh from Chawri Bazar, arresting two individuals involved in the illegal storage and supply.
US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.
India will continue to purchase Russian oil based on commercial viability and energy security needs, irrespective of US sanctions waivers, according to a senior petroleum ministry official.
Housing sales fell 1 per cent last year to over 3.48 lakh units across eight major cities, with demand stagnating amid an average price rise of up to 19 per cent, according to Knight Frank. In a virtual press conference on Wednesday, real estate consultant Knight Frank India noted that the decline in interest rates on home loans, strong economic growth and lower inflation were some of the key factors that helped in sustaining the housing demand during the 2025 calendar year despite fears of an impending correction.
Ola Electric is making a renewed push into the electric motorcycle market with aggressive pricing and in-house battery manufacturing, aiming to replicate its earlier success in electric scooters while addressing past quality and service issues.
