Delta Corp Ltd, India’s leading gaming and hospitality company, reported a sharp decline in quarterly profit for the second quarter of FY2024, weighed down by regulatory headwinds and a major write-down in its online gaming investments. Profit Falls on Lower Revenue and Investment Losses The company’s net profit…
Kaynes Technology: Rolls Out 900 Multi-Chip Modules with Mitsui Kaynes Technology’s subsidiary, Kaynes Semicon, in collaboration with Mitsui, has produced 900 Multi-Chip Modules at its advanced OSAT facility in Sanand, Gujarat, marking a milestone in India’s semiconductor manufacturing push. Network18: To Acquire IBN Lokmat for ₹25 Crore Network18…
The Andhra Pradesh government has approved two investments worth ₹1,000 crore from the Raymond Group to set up aerospace and automotive component manufacturing units in Sri Satya Sai district. The projects are expected to generate over 5,400 direct jobs. The state will provide ₹700 crore in incentives under…
Leela Palaces, Hotels & Resorts is confident of exceeding its ₹100 crore quarterly profit target in the financial year ending March 2026, driven by strong growth in both occupancy and room rates. The company has reported four consecutive profitable quarters and expects the momentum to continue into the…
Power Mech Projects Ltd. has secured a significant ₹2,500 crore order from state-run Bharat Heavy Electricals Limited (BHEL). The order involves the EPC package for balance of plants (BOP) at the 1 X 800 MW Singareni Super Thermal Power Project, Stage II, Mancherial, Telangana, and is expected to…
Sula Vineyards Reports Q2 FY26 Revenue with Record Wine Tourism Figures Sula Vineyards Ltd reported stable revenue for the second quarter of FY26, with operations generating ₹139.7 crore, slightly down from ₹141.2 crore in the same period last year. The Own Brands segment contributed ₹124.1 crore, reflecting a…
JSW Paints Ltd has announced an open offer to acquire up to 26% of the equity share capital of Akzo Nobel India Ltd, marking a strategic step to consolidate its holdings in the Indian paint industry. The offer follows JSW Paints’ earlier acquisition of a 74.76% controlling stake…
Domestic institutional investors (DIIs) have made record investments in Indian equities in 2025, infusing over ₹6 trillion — the highest ever in a calendar year since the BSE began maintaining such data in 2007. The strong inflow highlights the growing dominance of domestic money in India’s capital markets,…
Silver prices in India edged higher on Wednesday, October 15, 2025, maintaining their upward momentum as the festive season boosts demand. With Dhanteras just days away, bullion markets remain active as both silver and gold continue to attract steady buying from retail investors and jewellers. According to market…
Real estate major Prestige Estates Projects Ltd has announced the launch of a new premium residential project, ‘Prestige Garden Trails,’ in Mumbai, with an estimated revenue potential of ₹2,000 crore. The development marks the company’s continued push into India’s most lucrative real estate markets, reflecting its confidence in…