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PepsiCo bottler Varun Beverages’ Q1CY25 profit rises by 35.22% to Rs 726.49 crore on strong volume growth

PepsiCo bottler Varun Beverages Ltd on Wednesday released its quarter earnings report for the Q1 of CY2025 with profit at Rs 726.49 crore, posting a growth of 35.22 per cent in comparison to Rs 537.27 crore recorded during the corresponding quarter of previous year. It posted revenue from operations at Rs 5680.03 crore, up 29.15

Infosys layoffs: Narayana Murthy’s company fires 195 more trainees at Mysuru campus, says report

Infosys layoffs: In a fresh round of terminations, Infosys has let go of 195 more trainees at its Mysuru campus, according to a report by Moneycontrol. This marks the fourth round of layoffs at the Bengaluru-based IT giant, reportedly due to trainees failing internal assessments, as per the emails accessed by the outlet. This brings

Q4 results this week: UltraTech Cement, Ambuja Cements, BPCL, IOCL, SBI, Vedanta, Marico, others to declare earnings; Here’s a list

A number of major companies across sectors have already released their Q4 numbers and with this, the fiscal fourth quarter earnings season is now in full swing. IT services giants like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech, Tech Mahindra, banking majors like HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, and others including

Mahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore

Mahindra & Mahindra (M&M) on Saturday announced plans to acquire a 58.96% stake in SML Isuzu for Rs 555 crore. The move aims to expand its footprint in the commercial vehicle space. As part of the deal, M&M will purchase 43.96% of SML Isuzu shares from promoter Sumitomo Corporation and an additional 15% stake held

Nuclear plants may get 49% FDI nod

India could allow foreign companies to take a stake of up to 49% in its nuclear power plants, three government sources said, as New Delhi draws up plans to open up its most-guarded sector to help achieve goals to cut carbon emissions. The government has considered changing its nuclear foreign investment framework since 2023. The

Bharti Airtel launches single international roaming plan for 189 countries: Check plan details, charges

Airtel has launched a new international roaming plan for its users that will be applicable in 189 countries. The new international roaming plan aims to smooth the user experience in different countries without worrying about different international roaming zones and recharge packs.  ALSO READBharti seeks equity swap for AGR dues The plan offers users access

Maggi-maker Nestle India Q4 Results: Profit down 6.50%; improving volume help domestic sales

Nestle India released its fourth quarter results for FY25 on Thursday wherein it posted profit for the period at Rs 873.46 crore, missing estimates. This was down 6.50 per cent in comparison to Rs 934.17 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 5503.88 crore, posting a growth

Suzlon Energy bags 1,544 MW wind projects including 378 MW order from NTPC Green Energy

Suzlon Energy Ltd on Wednesday announced that it has consolidated its largest partnership with NTPC Green Energy Ltd (NGEL) to 1,544 MW, with a recent award win of 378 MW wind energy project. In a regulatory filing, the company said that the win strengthens Suzlon’s undisputed market leadership and commitment to sustainable, large‐scale growth. As
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Big relief for taxpayers! Income Tax Dept extends timeline for ITR processing, refunds in THESE cases

In a significant relief for taxpayers who had filed income tax returns (ITRs) late but with proper condonation from the Income Tax Department, the Central Board of Direct Taxes (CBDT) has allowed processing of such returns and issuance of refunds by March 31, 2026. The tax department’s move is aimed at addressing cases where valid

Retail boost: Amazon India bets on tier-2 cities with new fulfillment centres 

Amazon India is gearing up for a higher penetration in the interior of India as it opens new fulfillment centres in the tier-2 cities. On Thursday, the company said that it has launched 5 new fulfillment centres in India, with 4 located in tier-2 cities, Indore, Bhubaneshwar, Kochi, and Rajpura (Punjab). While the global e-commerce

Motilal Oswal recommends ‘Buy’ on Coforge: 3 reasons powering the bullish call

Motilal Oswal has a ‘Buy’ rating on Coforge, with a target price of Rs 2,200, implying an upside of 18%. The brokerage expects that the company has a strong executable order book and resilient client spending across verticals that bodes well for its organic business. Motilal Oswal on Coforge: Management confident of organic growth Coforge’s

Can you legally claim both HRA and home loan interest deduction in ITR? Here’s what income tax rules say

ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if they can claim both House Rent Allowance (HRA) and home loan interest deduction benefits. So, the answer is ‘yes’, it is legally possible since many taxpayers live on rent and also pay

Adani Total Gas partners Jio-BP: Can it boost retail fuel sales?

In a major development in India’s private retail energy sector, Adani Total and Jio BP have partnered to integrate each other’s energy products at their retail outlets. According to an Adani Total Gas statement, while Adani Total Gas outlets will offer Jio BP’s petrol and diesel at their outlets, Jio BP will integrate Adani Total