Team India has brought in four young Indian spinners - Harsh Dubey, Shivang Kumar, Tanush Kotian, and Vipraj Nigam - to assist in net practice ahead of their two-Test series against Sri Lanka, despite already having four spinners in their main squad.
ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.
India's net direct tax collections have surged by 16.4 per cent year-on-year to 6.51 trillion as of July 13, primarily driven by robust growth in corporate tax receipts, according to provisional data from the Central Board of Direct Taxes (CBDT).
State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.
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.
State Bank of India (SBI) reported a 13.73 per cent increase in its June quarter consolidated net profit, reaching Rs 24,113 crore, primarily due to improved core income and a decline in provisions for non-performing assets.
Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
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.
Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.
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.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
Indian opener Rohit Sharma has returned to net practice, showcasing good form with elegant strokes, as he prepares for the upcoming three-match ODI series against England starting July 14. The "Hitman" is India's third-highest ODI run-scorer, and his inclusion, alongside Virat Kohli, boosts the squad.
Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Vaibhav Sooryavanshi batted with a free-flow in the nets on Thursday, his first practice session with the senior India team, of the eve of their T20I against Ireland in Belfast.
India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).
India's preparations for the Ireland T20Is were briefly disrupted by practice facility issues in Belfast, but teenage sensation Vaibhav Sooryavanshi stole the spotlight with an impressive first net session that sparked excitement among local Indian fans.
Bharti Airtel, India's second-largest telecom operator, reported a 37.3 per cent rise in consolidated net profit to 8,167 crore for Q1 FY27, driven by the addition of high-paying premium customers, despite missing Bloomberg consensus estimates.
India Test captain Shubman Gill sustained two painful blows to his right hand during a training session in Colombo, just before a warm-up match against a Sri Lanka XI. Despite initial concerns, assessments suggest no serious damage, allowing Gill to continue preparations for the upcoming World Test Championship series.
Indian shuttler Ashmita Chaliha has advanced to her maiden BWF World Tour singles final at the Korea Masters Super 300, defeating compatriot Rakshitha Ramraj. Chaliha, returning from injury, will now face China's Han Qianxi for the title, marking a significant achievement for Indian badminton.
Indian shuttler Ashmita Chaliha defeated compatriot Rakshitha Sree Santhosh Ramraj to reach her first-ever BWF World Tour final at the Korea Masters Super 300. Chaliha, returning from a knee injury, continued her impressive run, having previously upset the top seed.
Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.
Jammu and Kashmir seamer Auqib Nabi Dar, whose non-selection in the Indian Test squad caused controversy, has been summoned to bowl in the nets ahead of the Test against Afghanistan, along with six others.
'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'
Former Indian cricketer Cheteshwar Pujara shared memorable anecdotes from his IPL career, including a 'fanboy moment' meeting Kolkata Knight Riders co-owner Shah Rukh Khan and Australian pacer Josh Hazlewood's humorous refusal to bowl to him in the Chennai Super Kings nets.
Rohit Sharma joined India's white-ball nets in Mohali on Wednesday and remained the box-office attraction despite the presence of young and emerging stars.
Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.
East Bengal FC secured a comprehensive 5-0 victory over South United FC in their final Durand Cup Group A match, significantly boosting their chances of qualifying for the quarter-finals.
After four consecutive months of withdrawals, Foreign Portfolio Investors (FPIs) injected Rs 20,200 crore into Indian equities in July, driven by attractive valuations, improving corporate earnings, and a more favourable global environment.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore for the quarter ended June, primarily attributed to higher expenses, despite an increase in total income.
Top-order batter B Sai Sudharsan has not joined the Indian team in Colombo for their two-Test series against Sri Lanka due to a toe injury. He is undergoing recovery at the BCCI Centre of Excellence, with his availability for the series to be decided in the coming days.
An inside look at the world of IPL net bowlers, the unsung heroes who hone their skills while bowling to cricket's biggest stars, hoping for a chance to shine.
Brazilian forward Rodriguinho made a sensational debut for SC Delhi, scoring five goals to lead his team to a dominant 7-0 victory over Defenders FC in the Durand Cup. This win propelled SC Delhi to the top of Group C, bringing them closer to a quarter-final spot, while Defenders FC exited the tournament without a point.
Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.
