Mahindra & Mahindra Ltd on Monday reported a 13.34 per cent rise in consolidated profit after tax at Rs 3,541.85 crore in the fourth quarter ended March 31, 2025 led by good performance from auto and farm equipment sectors. The company had posted a consolidated net profit of Rs 3,124.94 crore in the same quarter of the previous fiscal, Mahindra & Mahindra (M&M) said in a regulatory filing.
Air India Boeing 787-8 crash in Ahmedabad has brought back all traumatic memories.
Janhvi Kapoor, Ishaan Khatter, along with others, turned heads at Cannes 2025 as they walked the red carpet in absolute style ahead of the much-awaited premiere of their film 'Homebound' at the prestigious film festival.
In the next ACC cycle, Pakistan's Mohsin Naqvi is slated to head the continental institution.
https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm
India registered its protest at the board of IMF, which met on Friday to review the EFF lending programme for Pakistan.
The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.
Indian astronaut Shubhanshu Shukla and three others are expected to travel to the International Space Station on June 19, after SpaceX successfully resolved the liquid oxygen leak in its Falcon-9 rocket, the Indian Space Research Organisation (ISRO) announced on Saturday.
IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.
Proxy advisory firm IiAS has recommended that institutional investors should vote against the appointment of Anant Ambani on Reliance Industries Ltd's (RIL's) board, citing his age as the reason. The firm has, however, given its green light to the appointment of Anant's elder siblings - Akash and Isha. In its recommendation note, IiAS said, "At 28 years of age, his appointment as a non-executive, non-independent director does not align with our voting guidelines."
'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'
'When there are glaring errors in the report, how can you trust anything in it?'
There have been some cases where the entire family has perished or both spouses died in the crash, which are making the claims process particularly complex.
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
Hero MotoCorp on Tuesday posted 24 per cent increase in consolidated profit after tax at Rs 1,169 crore for the fourth quarter ended March 31, 2025 riding on higher margins backed by better product mix, parts revenue and cost effectiveness. The company had reported a consolidated profit after tax (PAT) of Rs 943 crore in January-March FY24.
Billionaire industrialist Mukesh Ambani described his 2016 return to the telecom industry with Reliance Jio as the "biggest risk" of his life, saying that even if analysts' predictions of financial failure had come true, it would still have been worth it for the role it played in transforming India digitally.
'It's a tremendous accomplishment to have a father like Amitabh Bachchan and still be so sorted, to not taste the kind of success that he should have and yet be so balanced.'
Indian Navy's elite marine commandos on Friday rescued 21 crew members including 15 Indians from a bulk carrier in the North Arabian Sea and sanitised it in a swift operation while responding to an attempted hijacking of the Liberian-flagged vessel by around five-six armed personnel.
Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.
Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.
Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.
'Raising the entire amount in one go may not be prudent, given the market dynamics.'
Addressing close to 700 employees and the leadership team across the Air India headquarters and Air India Training Academy in Gurugram, Chandrasekaran urged them to stay on course, terming the accident the most "heartbreaking" crisis of his career.
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
He then went on to say that, however, he won't get a Nobel Peace Prize for any of his efforts.
Shareholders have given approval to the appointment of Ambani scions Akash, Isha and Anant on board of Reliance Industries, the company said in a stock exchange filing.
'We consider everyone who lost someone in this tragedy as part of our family -- now and forever.'
Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.
For the special screening of their film Aranyer Din Ratri at Cannes, Sharmila and Simi were dressed to the nines.
Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems.
The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.
Lieutenant General Shakti Gurung deserves to be complimented in telling his life story and that of his people, as subaltern communities within this vast and diverse nation of ours clamour for recognition and a plea for their voices to be heard and their aspirations to be met, notes Lieutenant General Gautam Moorthy.
'The retail industry is still growing in double digits.'
'Dharmendra was paying a little extra attention to me and she didn't like it.'
An Air India aircraft with 242 passengers on board heading to London crashed in the Meghaninagar area near Ahmedabad airport on Thursday afternoon, the police said.
Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.
After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL director (finance) Vetsa Ramakrishna Gupta and its director (refineries) S Khanna but found none suitable for the job of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), according to a PESB order.
Heavy overnight rains severely affected parts of the city on Monday, leading to water-logged roads, inundated residential areas and traffic pile-up, as the city braces for more spells in the coming days.
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
