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.
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.
State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.
IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.
Debt-ridden telecom operator Vodafone Idea on Monday said its consolidated net loss narrowed to Rs 5,524 crore in the second quarter ended September compared to the year-ago period, mainly on account of savings in finance cost on debt from banks and an increase in average revenue per user supported by a tariff hike.
The Indian women's hockey team secured a silver medal at the FIH Youth Hockey5s Asian Championship in Muscat, losing 2-4 to China in the final. Despite the loss, their strong performance, including an 8-1 semi-final win against Kazakhstan, earned them a qualification spot for the FIH Youth Hockey5s World Cup. Hockey India also announced cash prizes for the team and support staff.
Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, with the Sensex falling over 500 points and the Nifty over 150 points, as Brent crude oil prices surged past USD 100 per barrel due to escalating geopolitical tensions in the West Asia. track sensex, Nifty on July 24.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
Tata Sons' unlisted ventures, including Air India, Tata Digital, and Tata Electronics, reported combined net losses of approximately 25,568.8 crore in FY25, a 58.3 per cent increase from the previous year, despite Tata Sons itself remaining profitable for over a decade.
Tata Motors, which now houses the company's commercial vehicle business, on Thursday reported a consolidated net loss of Rs 867 crore in the September quarter, impacted by mark-to-market losses of Rs 2,026 crore on account of investment in Tata Capital.
Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.
Customers must report the fraud both to their bank and to the National Cyber Crime Reporting Portal or Helpline 1930 within five calendar days of the occurrence of the fraudulent transaction.
Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
HDFC Bank shares plummeted over 5 per cent, wiping out Rs 64,685 crore from its market valuation, after its June quarter earnings disappointed investors, particularly on the net interest margin (NIM) front.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
'We may be able to wind back some of the schedule reductions we'd taken in recent months.'
With their tri-series campaign hanging in the balance, India A take on Afghanistan A in a must-win contest on Wednesday. Another defeat could leave Tilak Varma's side relying on other results to stay in the race for the final.
Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.
Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.
Kylian Mbappe has admitted France's failure to win the FIFA World Cup 2026 will "hurt for a while", despite finishing as the tournament's top scorer and becoming the competition's all-time leading goalscorer.
Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.
Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.
England's World Cup journey ended in heartbreak after their decision to sit back defensively against Argentina in the semi-final allowed Lionel Messi to orchestrate a stunning comeback, exposing the perils of premature defensive play, according to manager Thomas Tuchel.
A 13-year-old boy was killed and two others injured in Ciudad Rodrigo, Spain, when a fountain collapsed during celebrations for Spain's FIFA World Cup 2026 victory. The tragic incident cast a shadow over nationwide festivities after Spain secured its second World Cup title with a 1-0 win over Argentina.
India's Unity Cup campaign concluded with a 1-0 defeat against Zimbabwe in the third-place play-off, with Prince Dube's first-half penalty proving decisive.
Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.
Belgium goalkeeper Thibaut Courtois was seen consoling his replacement Senne Lammens, who was blamed for Spain's late winner in the FIFA World Cup quarter-final match on Friday.
Kidambi Srikanth ended his impressive run with a runner-up finish at the US Open Super 300 badminton tournament after going down fighting in three games to Chinese Taipei's Su Li-yang.
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
Two days after a 36-day student agitation concluded at Jantar Mantar, the iconic protest site in New Delhi is already witnessing new demonstrations, including calls for Gorkhaland and women's reservation, alongside curious visitors documenting the aftermath.
Argentina's conduct after their World Cup final defeat to Spain has come under fire, with players and fans facing criticism for their actions during the trophy presentation and post-match celebrations.
The 2026 World Cup has witnessed an unusual number of own goals in its opening 10 days, with seven already recorded, making it the second-highest tally in tournament history. The United States has benefited from two such incidents. This trend is notable given the tournament's expansion and could surpass the 2018 record of 12 own goals. Several players from different nations have contributed to this statistic, highlighting a peculiar aspect of the early matches.
Spain face Belgium on Friday in a World Cup quarterfinal that pits one of the tournament's smoothest operators against a side emboldened by a thunderous 4-1 win over the United States that followed one of football's most bizarre political interventions.
Former India captain Diana Edulji believes the Indian women's cricket team faces a significant challenge to qualify for the Women's T20 World Cup semifinals after their recent loss to South Africa. She highlighted the team's need to win their remaining matches against Bangladesh and Australia and discussed the team's T20 playing style.
Alireza Firouzja has established a dominant lead in the Croatian leg of the Grand Chess Tour after a stellar performance in the blitz section, accumulating 20 points.
India stayed alive in the Women's T20 World Cup with a five-wicket win over Bangladesh. Here's how Harmanpreet Kaur's side can qualify for the semi-finals, with Australia and South Africa still in the equation.
The Reserve Bank of India (RBI) net-bought $7.4 billion from the spot foreign exchange market in February, its highest buy since March 2025, before heavily intervening by selling dollars in March as the rupee declined over 4 per cent following a spike in crude oil prices.
India's Uber Cup campaign concluded with a 0-5 defeat to China, despite a promising start from PV Sindhu. The Indian team struggled to capitalise on opportunities against the formidable Chinese side.
