Cigarette-to-soap conglomerate ITC on Thursday reported a consolidated net profit (attributable to owners) of Rs 4,931.19 crore for the third quarter (October-December/Q3) of 2025-26 (FY26), affected by a one-time provision related to the new labour codes and a base effect from an exceptional item in Q3 of 2024-25. In the year-ago period, net profit had stood at Rs 4,934.8 crore.
There remains a debate on who said this: "When the facts change, I change my mind. What do you do, Sir?" Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC's boardroom in recent years.
Whether one likes it or not, services constitute the value-addition sector that the country has to build on, using its comparative advantage in infotech and related skills, suggests T N Ninan.
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
managers said the weaker rupee, which has driven up shares of technology companies, has helped the fund fetch better returns.
Infotech will see a mixed appraisal season.
'IIT-ians want to contribute to nation building and the Pan IIT meet provides a channel to do that. We want to move beyond words and set up an action plan for this,' says Pradeep Gupta.
The fraud was operated from call centres in India to defraud hundreds of elderly and vulnerable people in the US, CBI officials said.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
Most of the markets it is now looking at in hopes of gaining the next billion internet users have demographics similar to that of India.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The IT major is donning a new face for the changing times, says Ayan Pramanik.
The IT major is donning a new face for the changing times, says Ayan Pramanik.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
After HCL Infosystems, another IT major Wipro has decided to shut down its manufacturing of computers and servers due to changing market scenario and consumer preferences.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Balgopal Athavale was startled that the day after his new business was registered, he was flooded with offers from various service providers. 'How did they know what only my wife and I knew?' he asks.
SmartCommute is a solution for employee commuting safety, which helps track employees and vehicles during regular commutes and also helps employees contact transport management teams efficiently in case of an SOS situation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Dollar debt and higher import cost might impact earnings by up to 30%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In terms of the number of deals, there has been a decline of 13 per cent
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016.
Sensex ended strong, Tata Steel, HUL climb higher.
While some companies used that to become world leaders, others squandered it by over-borrowing.
The store launches same-day delivery for its site, though analysts say others have eroded its headstart in the brick and mortar format.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
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