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NEW DELHI: In a morale booster for employees, lossmaking Air India on Friday said it does not anticipate any layoffs even as the airline has been battling a series of black swan events for a year now. However, annual increments “will be deferred by at least one quarter in light of the uncertain economic environment”….
Telecom regulator Trai on Thursday proposed a stronger consumer grievance redressal framework for telecom operators, including penalties of up to Rs 50 lakh per quarter for improper handling or disposal of customer complaints, PTI reported.The proposed Telecom Consumers Complaint Redressal (Fourth Amendment) Regulation, 2026 aims to make complaint registration and tracking more transparent and accessible…
Apple has delivered a stronger-than-expected second quarter for fiscal 2026, beating its own guidance and market forecasts, with growth powered largely by iPhone demand and continued momentum in services. The company reported revenue of $111.2 billion for the March quarter, up 17% year on year—comfortably above its earlier projection of 13–16% growth. Net profit came…
Institutional investments in India’s real estate sector stood at $1.6 billion during January-March 2026, rising 26 per cent year-on-year but falling sharply 52 per cent from the previous quarter amid the Middle East conflict.Investments had totalled $1.27 billion in January-March 2025 and $3.35 billion in the October-December quarter of last year, according to Cushman &…
NEW DELHI: India’s smartphones market has opened 2026 on a weak note, recording its slowest start in six years as shipments slipped 3% year-on-year in the March quarter, according to Counterpoint Research. The decline may appear modest, but the underlying pressures suggest a more persistent demand slowdown.As per the report, smartphones are getting pricier, and…
Small Savings Schemes Interest rates (AI image) Latest Small Savings Interest Rates: The Finance Ministry announces the interest rates for post office and small savings schemes every quarter after a review. The interest rates for Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizens Savings Scheme (SCSS), National Savings Certificates (NSC) etc are decided…
MUMBAI: Consumption of soaps, shampoos, biscuits and other packaged goods took a hit in the Dec quarter with volume growth dropping to 2.6% compared to 6.2% in the year ago quarter as transition to a new goods and services tax (GST) regime from Sept 22 disrupted sales at neighbourhood kirana stores which still drive the…
MUMBAI: Tata Motors Passenger Vehicles (TMPV) slipped into a loss in the third quarter, hit by a cyberattack at its UK luxury arm, Jaguar Land Rover (JLR), which disrupted operations and triggered a one-time charge of Rs 1,600 crore. The company reported a consolidated loss of Rs 3,483 crore during the October-December period, compared with…
MUMBAI: Nykaa’s net profits more than doubled to Rs 67.7 crore on a consolidated basis in the Dec quarter from Rs 26.4 crore in the year-ago quarter. Revenue from operations increased to Rs 2,873.2 crore from Rs 2,276.2 crore in the year ago period on the back of robust consumer demand for beauty products and…
NEW DELHI: FMCG major Nestle India on Friday reported a 45.12 per cent rise in consolidated net profit to Rs 998.42 crore for the third quarter ended December 2025, on the back of a nearly five-year high volume growth, driving its highest-ever quarterly revenue.The company had posted a consolidated net profit of Rs 688.01 crore…
