Mumbai, May 4 (IANS) Electric two-wheeler maker Ather Energy on Monday reported a sequential increase in its net loss for the fourth quarter of FY26, even as the company posted strong revenue growth and improved year-on-year performance.The company’s net loss widened to Rs 100.23 crore in the January–March quarter (Q4 FY26), compared to Rs 84.64 crore in the preceding December quarter (Q3 FY26), according to its stock exchange filing.However, on a yearly basis, the loss narrowed significantl…
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Mumbai, April 29 (IANS) Force Motors on Wednesday reported a sharp 40 per cent decline in profitability for the March quarter (Q4 FY26).The company’s net profit fell to Rs 278.5 crore, compared to Rs 434.7 crore in the same period previous financial year (Q4 FY25), according to its stock exchange filing.Despite the drop in bottom line, the automaker maintained steady growth in its topline.Revenue for the quarter rose 8.2 per cent to Rs 2,550 crore from Rs 2,356 crore a year ago, supported by c…
New Delhi, April 28 (IANS) Staffing services provider TeamLease Services has received a show-cause notice from the Employees’ Provident Fund Organisation (EPFO) over an alleged fund management dispute involving about Rs 185 crore, the company said in an exchange filing on Tuesday.The notice — dated April 13 and received on April 23 — flagged certain contraventions related to the administration and management of funds by the Employees’ Provident Fund Trust.According to the filing, major obser…
New Delhi, April 25 (IANS) The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Manappuram Finance Ltd Chairman and Managing Director, V.P. Nandakumar, for delayed disclosure of share pledge transactions, the company said in a regulatory filing on Saturday.The warning was issued via a letter dated April 24 related to a delay in disclosure of pledge of shares by the NBFC’s CMD in his personal capacity for transactions carried out between September 21 and Septe…
New Delhi, April 23 (IANS) Aviation regulator the Directorate General of Civil Aviation (DGCA) has issued a warning letter to India’s largest airline, IndiGo, in connection with compliance related to temporary domestic airfare caps imposed by the government in December 2025, the airline’s parent InterGlobe Aviation informed stock exchanges on Thursday.According to the exchange filing available on the bourses, the DGCA letter pertains to certain airfares offered during the period when governmen…
New Delhi, April 23 (IANS) IT services major Infosys on Thursday reported a 28 per cent quarter-on-quarter growth in its consolidated net profit for the fourth quarter of FY26.The company posted a net profit (after non-controlling interests) of Rs 8,501 crore, an increase of 21 per cent (year-on-year) compared to Rs 7,033 crore in Q4 FY25. On a sequential basis, profit jumped 27.8 per cent from Rs 6,654 crore in Q4.Operating profit stood at Rs 9,743 crore, up 13.6 per cent year-on-year and up 16…
Mumbai, April 22 (IANS) Tata Communications Limited on Wednesday reported a 74.7 per cent decline in profitability for the fourth quarter (Q4) of FY26.According to an exchange filing, the Tata Group telecom firm’s consolidated net profit fell sharply by 74.7 per cent year-on-year to Rs 263.25 crore in Q4 FY26, compared to Rs 1,040.34 crore in the same period previous financial year.Sequentially, too, net profit dropped 28 per cent from Rs 364.28 crore reported in the December quarter (Q3 FY26)…
Mumbai, April 22 (IANS) Shares of HCL Technologies tumbled sharply on Wednesday, falling more than 10 per cent to Rs 1,289 on the NSE, as investor sentiment turned negative following a disappointing quarterly performance and subdued growth outlook. The steep decline came after several brokerages downgraded the stock and cut their target prices, citing concerns over weak revenue growth, margin pressures and cautious forward guidance.The company’s earnings report highlighted multiple areas of co…
Mumbai, April 20 (IANS) The Securities and Exchange Board of India (SEBI) has drastically slashed the minimum investment requirement for individual investors in social impact funds to Rs 1,000 in order to lower the barrier for entry from the Rs 2 lakh level that was in place until now, with the aim of increasing retail participation on the Social Stock Exchange (SSE).The reduced threshold of Rs 1,000 allows small investors to participate in SIFs, which are Alternative Investment Funds (AIFs) foc…
New Delhi, April 18 (IANS) Major drug maker Lupin on Saturday said that the US health regulator has issued a ‘Form 483’ with three observations to its manufacturing facility in Somerset, New Jersey, following a recent inspection.In a regulatory filing, the pharmaceutical company said that the inspection by the US Food and Drug Administration (USFDA) was conducted this week between April 13 and April 17.”The inspection was completed with the issuance of a Form 483 carrying three observations,” th…