Fortis Healthcare Limited reported a strong financial performance for the quarter ended September 30, 2025, with consolidated net profit rising 82% year-on-year to ₹321 crore, compared with ₹176.5 crore in the same period last year. The growth was driven by solid operational performance across both the hospital and…
Tata Consultancy Services (TCS) has announced a partnership with SINTEF, one of Europe’s largest independent research foundations, to develop AI-driven solutions aimed at improving elderly care and supporting independent living for senior citizens. Enhancing the SMILE Platform The collaboration will focus on advancing SINTEF’s Smart Inclusive Living Environments…
Valor Estate Limited has announced the listing of its demerged hospitality business, Advent Hotels International Limited, on the BSE and NSE from November 13, 2025. The listing follows the composite scheme of amalgamation and arrangement approved by the National Company Law Tribunal (NCLT), Mumbai Bench. Listing Details Listing…
IOL Chemicals and Pharmaceuticals Ltd reported a strong performance for the September 2025 quarter, posting a significant rise in profitability and operational efficiency. The company’s shares surged up to 13% during the session, reversing a recent downward trend. Financial Highlights (Q2 FY25, YoY) Net Profit: ₹30 crore, up…
Furniture and home-furnishing retailer IKEA India reported a 6% year-on-year increase in sales, with annual revenue reaching ₹1,860.8 crore for the financial year ended August 2025. The company’s Swedish parent, Ingka Group, which follows a September–August financial cycle, announced global revenues of €41.5 billion, marking a marginal decline…
The total number of active demat accounts in India dipped marginally in October 2025, marking a brief slowdown after several years of strong retail participation growth following the pandemic. According to data from the National Stock Exchange (NSE), the top 25 brokers collectively lost about 57,000 active accounts…
Zydus Lifesciences Ltd has received approval from China’s National Medical Products Administration (NMPA) to market Venlafaxine extended-release capsules in 75 mg and 150 mg strengths. First Approval in China This marks Zydus Lifesciences’ first regulatory approval in China, representing a key milestone in the company’s expansion into the…
Olectra Greentech Limited, one of India’s leading electric vehicle (EV) manufacturers, has confirmed that there are no delays in its bus delivery commitments in Maharashtra. The company addressed recent concerns during a conference call, assuring stakeholders that all scheduled deliveries will be completed on time. Delivery Commitments on…
Allcargo Gati Limited has completed a major corporate restructuring under a composite scheme of arrangement and amalgamation, marking a key milestone in its strategic consolidation process. The scheme, approved by the National Company Law Tribunal (NCLT), Mumbai Bench, became effective on November 1, 2025, following its filing with…
Adani Enterprises Limited (AEL) has announced a ₹24,930-crore rights issue, marking its largest fundraising since the company withdrew its ₹20,000-crore follow-on public offering (FPO) in 2023. The company has fixed the rights issue price at ₹1,800 per share, representing a 24% discount to Tuesday’s closing price. The issue…