Ashok Leyland, the flagship commercial vehicle subsidiary of the Hinduja Group, has won a major order worth ₹668.76 crore from Tamil Nadu State Transport Undertakings (TNSTU) for 1,937 buses, reinforcing its leadership in the Indian bus market. Order Composition and Delivery Schedule The order includes a mix of…
Net income came in at ₹3,250 crore ($365.6 million), down 2.5% sequentially but up 1.2% year-on-year, while earnings per share (EPS) stood at ₹3.1. Wipro reported operating cash flow of ₹3,390 crore ($381.5 million), accounting for 103.8% of net income, though it declined 17.6% QoQ and 20.7% YoY.…
State-owned BEML Ltd has signed a Memorandum of Understanding (MoU) with Kineco Ltd to collaborate on advanced composite manufacturing for defence and aerospace applications. The MoU was exchanged in New Delhi in the presence of BEML CMD Shantanu Roy and Kineco Founder & CMD Shekhar Sardessai, along with…
Jio Financial Services Ltd (JFSL) reported a strong performance in the second quarter of FY26, marking a major milestone in its transition from a treasury-led NBFC to a full-fledged financial services powerhouse. The company’s revenue jumped 41% year-on-year to ₹981.4 crore, compared to ₹693.5 crore in Q2FY25, driven…
Infosys Ltd, India’s second-largest IT services company, announced its financial results for the second quarter of FY26, reporting healthy deal momentum and improved profitability. The Bengaluru-based firm also declared an interim dividend of ₹23 per share and unveiled a massive ₹18,000 crore share buyback, reaffirming its strong cash…
JSW Infrastructure Ltd, part of the JSW Group, announced its financial results for the quarter ended September 30, 2025 (Q2 FY26), reporting a 26.4% year-on-year rise in revenue but a slight decline in profitability due to higher operating costs and margin compression. Revenue Growth Driven by Business Expansion…
Waaree Energies Ltd, India’s leading solar module manufacturer, reported stellar results for the second quarter of FY26, showcasing strong operational and financial performance. The company’s net profit surged 134% year-on-year to ₹878 crore for the quarter ended September 30, 2025, compared to ₹375.66 crore in the same period…
Mutual funds continued to increase their exposure to public sector banks (PSU banks) in September 2025, reflecting renewed institutional optimism toward state-owned lenders. The sector’s allocation in mutual fund portfolios rose to 3.3%, up 30 basis points (bps) from July and August, and 70 bps higher year-on-year —…
Anand Rathi Wealth Ltd, one of India’s leading non-bank wealth management firms, has announced an interim dividend of ₹6 per equity share for the financial year 2025–26. The dividend represents 120% of the face value of ₹5 per share and reaffirms the company’s focus on consistent shareholder rewards…
Tech Mahindra Limited, a leading Indian IT services and consulting company, has announced an interim dividend of ₹15 per equity share for the financial year 2025–26, translating to 300% of the face value of ₹5 per share. The move underscores the company’s continued focus on shareholder returns and…