BUSINESS

JSW Steel Q1 results: Net profit jumps over two-fold to Rs 2,209 crore; crude steel output up 14% YoY

JSW Steel's consolidated net profit more than doubled to Rs 2,209 crore in Q1, driven by lower expenses and increased volumes. While total income saw a marginal rise, crude steel production and sales volumes experienced significant year-on-year growth. The company has filed a review petition regarding the Supreme Court's verdict on the Bhushan Steel and Power Ltd resolution plan.

TIMES OF INDIA
4 hours ago
Read Full Article

MORE TO CATCH UP

AUTO

This Kochi youngster handmade a Lamborghini Huracan LP 610-4 from scratch

Bibin Chacko spent three years fabricating a scaled down Lamborghini Huracan, which he had only seen before in pictures

THE HINDU
9 minutes ago
BUSINESS

Small vendors ditch UPI over GST notices, plan bandh on July 25

The Commercial Taxes Department said that UPI is only a mode of receiving consideration, and GST applies based on the value of supply, not the mode of payment.

THE HINDU BUSINESS LINE
24 minutes ago
BUSINESS

One-time gain propels RIL’s Q1 net to ₹30,783 cr., up 76.5%

Excluding proceeds of profit from sale of investments, net profit grew 25% YoY backed by strong double-digit profit growth from Jio, retail and O2C businesses.

THE HINDU
30 minutes ago
BANKING

Holistic reconfiguration of financial ecosystem needed to unlock required flows into green infra: RBI Dy Guv Rao

Blended finance is essential for bridging the bankability gap of green and sustainable infrastructure, says RBI Deputy Governorr Rajeshwar Rao

THE HINDU BUSINESS LINE
32 minutes ago
BANKING

Root cause of distress in UCBs is not external shocks, but weak internal governance: RBI Dy Guv Swaminathan

RBI Deputy Governor emphasises active engagement, strong governance, and internal systems for urban co-operative bank directors.

THE HINDU BUSINESS LINE
33 minutes ago
BUSINESS

Reliance Retail Q1 results: Profit rises 28.3% YoY to Rs 3,271 crore, gross revenue jumps 11.3% to Rs 84,171 crore

Reliance Retail reported a 28.3% surge in profit after tax, reaching ₹3,271 crore for the quarter ending June 30, 2025, fueled by strong performance across all segments and store expansions. Revenue rose 11.3% to ₹84,171 crore. The ...more

TIMES OF INDIA
34 minutes ago
BUSINESS

Tanishq partners with De Beers to launch Diamond Expertise Centre

The initiative features five advanced devices that evaluate diamond quality, origin, inclusions, and laser markings in real-time

THE HINDU BUSINESS LINE
38 minutes ago
BUSINESS

India a core market in Bacardi’s global playbook: Vinay Golikeri

He highlighted India as a major growth opportunity for Bacardi, given its status as one of the world’s largest international spirits markets by volume

THE HINDU BUSINESS LINE
42 minutes ago
BUSINESS

Shoppers Stop to open 7–8 new stores this fiscal amid improving consumer demand: MD & CEO Kavindra Mishra

Shoppers Stop plans to open 30-40 new stores for its value fashion format, INTUNE, aiming to capitalise on the growing shift from unorganised to organised retail markets, says Kavindra Mishra

THE HINDU BUSINESS LINE
45 minutes ago
BUSINESS

ICRA, CRISIL reaffirm rating on Vedanta

ECONOMICS TIMES
54 minutes ago
BUSINESS

Reliance Retail Q1 PAT up 28% led by grocery, fashion

Revenue from operations up 11.3% at ₹84,171 crore; adds 388 new stores

THE HINDU BUSINESS LINE
55 minutes ago
BUSINESS

Reliance Retail Q1 Results: Net Profit Rises 28% To Rs 3,271 Crore

The company's consolidated gross revenue came in at Rs 84,171 crore, a 11 percent rise from Rs 75,615 crore in the corresponding quarter of the previous year.

NEWS18
1 hour ago

Subscribe for latest news updates from NewsFomo

Get over your FOMO of knowing what's happening. Never miss what matters to you!