Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.
Pharmaceutical major Cipla reported a 3 per cent year-on-year decline in March quarter revenue to Rs 6,541 crore, with net profit falling 55 per cent to Rs 554.6 crore, missing consensus estimates. Despite strong growth in India and Africa, a significant decline in North American sales impacted overall performance, with the company now focusing on new product launches and regulatory filings to drive future gains.
What lessons opposition parties need to learn post defeat of Mamata Banerjee in West Bengal elections? The election saw spectacular victor of BJP which rose from 3 seats in 2016 to 206 seats in 2026 assembly elections.
Reliance Industries is expected to report largely flat performance for its fourth quarter (January-March, Q4) of FY26, with weakness in the oil-to-chemicals (O2C) business and muted retail growth likely to offset steady gains in the telecommunications segment.
Indian Grandmaster R Praggnanandhaa defeated Javokhir Sindarov in the second round of the Super Chess Classics. Other results from the round include victories for Maxime Vachier-Lagrave and Vincent Keymer, while Fabiano Caruana and Wesley So drew their respective matches.
'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'
Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.
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.
'...appearing culturally coercive or administratively vindictive.' 'If it governs as a conquering force, resistance will build.'
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
Suvendu Adhikari was sworn in as the first BJP chief minister of West Bengal, marking the end of the Trinamool Congress' 15-year rule in the state.
'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'
IT firm Tech Mahindra announced a 16 per cent increase in its consolidated net profit to Rs 1,353.8 crore for the January-March quarter of FY26, with revenue from operations rising 12.6 per cent to Rs 15,076.1 crore, driven by an accelerated transition to an AI-led organisation and record deal wins.
Telecom czar Sunil Bharti Mittal plans to hand over the reins of Bharti Airtel to his children in the next decade and desires that promoter firm Bharti Telecom regains over 50 per cent stake in the company.
Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.
Indian benchmark indices, Sensex and Nifty, ended lower in choppy trade, with the Sensex declining 114 points, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties.
Initial vote counting in the Kerala Assembly elections indicates a significant lead for the Congress-led UDF, suggesting a potential shift in power.
The Madras High Court has restrained TVK MLA R Srinivasa Sethupathi from voting, including in the upcoming confidence motion, due to a petition challenging his one-vote victory.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
The murder of a close aide to BJP leader Suvendu Adhikari in West Bengal has ignited post-election violence, raising concerns about political stability and the transition of power.
State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.
Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.
'98 lakhs in Bengal, 97 lakhs in Tamil Nadu, 2.83 crores in Uttar Pradesh.'
The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.
Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.
'The BJP successfully merged governance with identity. That's a powerful combination in Assam's political context.'
Royal Challengers Bengaluru (RCB) batting coach Dinesh Karthik praised his team's attitude and bowling effort despite a five-wicket loss to Gujarat Titans (GT) in Ahmedabad on Thursday, April 30, 2026.
Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.
Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.
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.
For India, China's Indian Ocean power projection, maritime domain awareness, dual-use ports, underwater surveillance, antisubmarinewarfare, naval exercises with Pakistan, pose considerable pressure, depleted India's strategic depth and marginalises Indian role, points out Srikanth Kondapalli.
HCL Technologies remains under pressure after missing Q4 expectations and issuing cautious FY27 guidance. Analysts highlight weak margins, soft demand, and muted growth outlook.
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
'They will have to adjust themselves to the new reality. Because if they don't understand this changed political perception, their future will be difficult.'
Ruling Congress in Karnataka on Monday retained Bagalkot and Davanagere South assembly seats, giving a respite to Chief Minister Siddaramaiah and the party leadership, amid the ongoing power tussle over the leadership issue.
India's fiscal deficit is projected to reach 4.5 per cent of GDP for the current fiscal year, exceeding the budgeted target, as the government's policy responses to the West Asia conflict are expected to strain public finances, according to research firm BMI.
If current trends persist, the Congress risks becoming increasingly regionally concentrated, dependent on a handful of states rather than functioning as a truly pan-India political force.
Actor Vijay's newly formed party, TVK, has achieved a significant victory in the 2026 Tamil Nadu Assembly elections, securing a commanding vote share and disrupting the state's traditional bipolar political system.
IT major HCLTech reported a 4.20 per cent year-on-year rise in consolidated net profit to Rs 4,488 crore for the January-March quarter of FY26, but projected a modest 1-4 per cent revenue growth for FY27, citing market volatility and reduced discretionary spending.
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