New Delhi, July 8 (IANS) Tata Motors on Wednesday unveiled an ambitious five-year roadmap for its passenger vehicle business, targeting annual sales of more than 1.2 million units by FY30, a 20 per cent share of the domestic passenger vehicle market and revenues of Rs 1.4 lakh crore, backed by investments of nearly Rs 40,000 crore in products and manufacturing.Speaking at the company’s 81st annual general meeting held virtually on Wednesday, Tata Motors Chairman Natarajan Chandrasekaran said the…
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Agartala, June 28 (IANS) State-owned Tripura State Cooperative Bank (TSCB) has reported a record net profit of Rs 78.08 crore for the financial year 2025-26, registering its seventh consecutive year of profitability, senior bank officials said on Sunday. TSCB Chairman Nagadhiraj Dutta and Managing Director Bhajan Chandra Roy highlighted the bank’s growing contribution to Tripura’s rural economy and its continued financial growth.Dutta said the bank earned an operating profit of Rs 166.08 cro…
Ahmedabad, June 24 (IANS) The Adani Group made a record capital investment of more than Rs 1.5 lakh crore in hard infrastructure in FY25-26, the Adani Group Chairman said on Wednesday.To put that in perspective, this represented over 30 per cent of India’s total new private-sector capital expenditure for the year, said the billionaire industrialist during the 34th Annual General Meeting (AGM) 2026.“For us, this is more than a financial number. It is a statement of belief, and there can be no…
Ahmedabad, June 24 (IANS) The Adani Group Chairman Gautam Adani on Wednesday said that infrastructure and intelligence can no longer be viewed as separate priorities, as they have become complementary forces that will strengthen India’s economic capabilities, enhance strategic self-reliance and support its ambition of becoming a leading global power.Addressing shareholders at the Adani Group’s 34th Annual General Meeting (AGM), the billionaire industrialist described infrastructure as the physic…
Mumbai, June 18 (IANS) The Reserve Bank of India (RBI) has approved the extension of Keki Mistry as interim part-time chairman of HDFC Bank for a further period of three months, it was announced on Thursday.In an exchange filing, HDFC Bank said the RBI, through a communication dated June 18, 2026, approved the extension of Mistry’s tenure until September 18, 2026, or until the appointment of a regular part-time chairman, whichever is earlier.“The RBI has granted approval for the extension of t…
Mumbai, May 27 (IANS) Footwear major Bata India on Wednesday reported a sharp 95.2 per cent decline in consolidated net profit for the fourth quarter of fiscal 2026 (Q4 FY26), as a one-time loss weighed heavily on its bottom line despite higher revenue growth.The company’s net profit stood at Rs 2.2 crore for the quarter ended March 31, 2026, compared with Rs 45.9 crore in the corresponding period of the previous financial year, according to a stock exchange filing. Bata India said the quarter w…
New Delhi, May 25 (IANS) Navratna public sector undertaking NBCC (India) Limited on Monday reported a sharp rise in its consolidated net profit for the January-March quarter (Q4) of FY26, driven by improved operational performance despite a marginal decline in revenue.The company posted a consolidated net profit of Rs 253.51 crore in Q4 FY26, registering a growth of 38.78 per cent from Rs 182.66 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to it…
Mumbai, May 19 (IANS) Kirloskar Industries on Tuesday reported a 7.90 per cent decline in its consolidated net profit for the March quarter (Q4) of FY26.The company posted a consolidated net profit of Rs 43.10 crore in the January-March quarter, compared to Rs 46.8 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its regulatory filing.Revenue from operations rose 4.55 per cent year-on-year to Rs 1,827.41 crore in the fourth quarter of FY26, again…
Mumbai, May 17 (IANS) Dodla Dairy has reported a 2.3 per cent year-on-year decline in consolidated net profit for the fourth quarter of FY26.The Hyderabad-based dairy company posted a net profit of Rs 55.4 crore for the January-March quarter, compared to Rs 56.7 crore in the corresponding period last financial year, according to its exchange filing.Revenue from operations, however, rose 4.6 per cent year-on-year to Rs 845 crore in Q4 FY26, up from Rs 807.8 crore reported in the same quarter of t…
Mumbai, May 16 (IANS) Hind Rectifiers Limited on Saturday reported a 55 per cent year-on-year decline in consolidated net profit for the fourth quarter ended March 31 (Q4 FY26).The company posted a net profit of Rs 4.51 crore for the January-March quarter, compared with Rs 9.99 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations, however, rose 51 per cent year-on-year to Rs 279.8 crore during the quarter, against Rs 185….