BUSINESS

GitHub CEO Thomas Dohmke To Leave This Year To Start A New Company

GitHub’s CEO, Thomas Dohmke, announced on Monday that he will step down at the end of 2025 to start a new company. GitHub is owned by Microsoft, which bought it in 2018 for USD 7.5 billion.

ZEE NEWS
4 hours ago
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BUSINESS

Apollo Hospitals reports 42% growth in net profit for Q1FY26

Apollo also announced acquisition of 50% stake in Apollo Gleneagles PET-CT Private Limited (AGPCL) from its existing shareholder, Parkway Healthcare (Mauritius) PTE Limited for around ₹8.5 crore

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Tilaknagar Industries Q1 net revenue jumps 30.6%, PAT more than doubles

The profit after tax (PAT) excluding exceptional items rose 120.8 per cent to ₹88.5 crore from ₹40.1 crore last year

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AGRICULTURE

Basmati exports to US drop 13% in Apr-July, set to be hit further

Pakistan likely to benefit with Trump administration imposing 50% tariff on Indian imports

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ECONOMY

Higher refunds, sluggish non-corporate mop-up push net direct tax collections into negative growth at ₹6.64 lakh crore

Refunds issued jumped 10% to ₹1.35 lakh crore between April 1 and August 11 while non-corporate tax mop-up dipped 7.45% to ₹4.12 lakh crore

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BUSINESS

Cabinet approves ₹5,801 crore Lucknow Metro Rail Project

The Phase 1B will have 12 stations, seven of which are underground and five others elevated.

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COMMODITIES

Gherkin exporters seek duty reimbursement to tide over US tariff impact

Exports have stopped to the US, the largest market, after tariff has been increased to 50%

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Petroleum Ministry says E20 fuel helps better ride quality, refutes impact on insurance

Ministry underlined that blended fuel provides better acceleration and better ride quality; weighted average price of ethanol higher than the cost of refined petrol

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REALESTATE

CapitaLand Investment plans ₹19,200 crore Maharashtra expansion by 2030

The planned investment forms part of CLI’s broader India strategy to increase funds under management from over S$8 billion to S$15 billion by 2028

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STOCKS

HUL shareholders approve demerger of ice-cream business

In March 2024, Unilever announced its decision to separate its global ice-cream business into a standalone entity

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BUSINESS

Elgi Equipments Ltd reports 18% increase in PAT in Q1’26

Revenue grew by 8% to ₹867 crore

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COMMODITIES

NMDC warns of Maoist threats, market share risk as JSW, AMNS India ramp up iron ore output

The company had mentioned the same in its Annual report last year

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BUSINESS

Granules India’s Q1 FY26 net profit down 1% at ₹112 cr

The total revenue of the Hyderabad-based company increased 3 percent at ₹1210 crore in the quarter under review as against ₹1179 crore in the year-ago period

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BUSINESS

India Registers 50.7% Rise In Turmeric Exports, Global Market Share At 66%

In quantity terms, the exports of turmeric from India were over 1.76 lakh metric tonnes in 2024-25 compared with 1.62 lakh metric tonnes in 2023-24, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to a question in the Lok Sabha.

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BUSINESS

Honasa Consumer net up 2.6%, revenue up 7.4%

The company delivered its “highest-ever quarterly revenue” and a “record quarterly profit” supported by a sequential improvement in EBITDA margin to 7.7 per cent

THE HINDU BUSINESS LINE
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