Business is war.
Adani Energy Solutions posted revenue of 6,767 crore rupees for the July-September quarter, a 6 percent rise from last year, as the power transmission company expanded capital spending and installed more smart electricity meters. Profit after adjustments jumped 21 percent to 557 crore rupees for the three months ended September. Revenue climbed 16 percent to…
Indian Oil Corporation earned 7,610.5 crore rupees between July and September, a 4,128 percent jump from the same months last year when profit reached just 180 crore rupees. The state-owned refiner announced results on Monday showing revenue climbed 4 percent to 2.03 lakh crore rupees as fuel sales stayed strong and refining margins improved. The…
India shipped electronics worth $22.2 billion in the first half of its fiscal year, making the category the nation’s third-largest export and positioning it to soon rank second. Electronics and IT Minister Ashwini Vaishnaw announced on Monday that sales abroad grew 42 percent from a year earlier, with about half tied to Apple iPhone shipments….
India’s economy strengthened after tax cuts took effect in September 2025, with consumer spending rising and sales across major industries increasing. The Finance Ministry reported on Monday that the revised Goods and Services Tax rates, combined with holiday shopping, drove demand higher and created more jobs. Passenger vehicle sales jumped nearly 35 percent compared with…
Lenders expect two-wheeler financing to expand by 18 to 19 percent through March 2026, as buyers borrow more to purchase costlier motorcycles and scooters. Average loans jumped from 86,111 rupees in fiscal 2021 to 114,929 rupees in the last fiscal year because manufacturers raised prices after raw material costs rose and new pollution standards increased…
India will expand its deep-sea fishing operations through cooperatives after Union Home Minister Amit Shah distributed 1.2 crore rupees worth of vessels on Monday at Mazagon Dock in Maharashtra. The program marks the first time fishing cooperatives rather than private firms will control deep-sea vessels, with 200 additional boats planned over five years under the…
Prime Minister Narendra Modi emphasized the expansion of food processing as essential to national security and rural economic growth on Monday. He responded to Finance Minister Nirmala Sitharaman’s article on how agricultural programs are transforming farmers into business operators through district-level manufacturing facilities. The government established processing centers in Karnataka’s Koppal and Raichur districts under…
Indian technology companies completed 80 transactions valued at $1.48 billion between July and September, representing a 33 percent rise from the previous quarter. Business advisory firm Grant Thornton said investors shifted focus from deal volume to higher-value acquisitions in artificial intelligence, software as a service and enterprise automation. Mergers and acquisitions accounted for 29 transactions…
Vinyl Chemicals India reported a net profit of 2.88 crore rupees in the July-September quarter, down from 5.13 crore rupees a year earlier. The Mumbai company’s revenue edged up 1.03 percent to 151.89 crore rupees as expenses climbed to 149.28 crore rupees. Earnings per share dropped to 1.58 rupees from 2.80 rupees in the second…
India will become a global maritime leader through government reforms that emphasize security, stability and self-reliance, Home Minister Ami Shah said on Monday at the India Maritime Week conference in Mumbai. The sector accounts for about 60 percent of gross domestic product through ports, shipping and logistics operations. Representatives from more than 100 nations attended…
