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Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, reported an 84% year-on-year rise in consolidated net profit to Rs 3,199 crore for the September quarter, boosted by a one-time gain from the sale of its stake in AWL Agri Business Ltd (formerly Adani Wilmar Ltd).However, excluding the exceptional gain of Rs 3,583…
After flying high in the June quarter, IndiGo’s earnings took a sharp turn as the airline posted a net loss of Rs 2,582 crore for the September quarter. The reversal comes despite steady growth in operations and passenger traffic, with revenue rising 9% year-on-year (YoY) to Rs 18,555 crore, according to an ET report. In…
GST revenue collections in FY26 might exceed estimates this financial year!SBI Research expects India’s Goods and Services Tax (GST) collections to outperform targets in FY26, even as the country moves through a major rate restructuring exercise. The banking group’s latest analysis took in account for similar gains and losses across the states and concluded that…
India’s gross Goods and Services Tax (GST) collections rose 4.6% year-on-year to about Rs 1.96 lakh crore in October, driven by festive demand and pent-up consumption, according to government data released on Saturday.The increase came despite GST rate cuts on 375 items–from kitchen essentials to electronics and automobiles–that took effect from September 22, coinciding with…
Apple’s operations in India stood out once again for the US tech and electronics major which set an all-time revenue record in the country just as it clocked an 8% growth in global revenues — at $102.5 billion, led by “a tremendous response” to the new iPhone17 series and the previous-gen iPhone16.Tim Cook, the global…
File photo: Apple CEO Tim Cook (Picture credit: AP) NEW DELHI: Apple’s operations in India shone once again for the US tech and electronics major, which set an all-time revenue record in the country just as it recorded an eight per cent growth in global revenues, at $102.5 billion, led by “a tremendous response” to…
The Centre’s fiscal deficit reached 36.5 per cent of the full-year target at the end of the first half of FY26, data released by the Controller General of Accounts (CGA) on Friday showed.During the same period last year, the fiscal deficit had stood lower at 29 per cent of the Budget Estimates (BE) for 2024–25,…
Google parent Alphabet reported its first-ever $100 billion quarterly revenue. Beating analysts estimates of $99.89 billion, the company reported a record revenue of $102.35 billion. CEO Sundar Pichai shared an X (formerly Twitter) post where he shared highlights from the company’s $100 billion quarter numbers. He also shared a thank you message to Google employees,…
BANGALURU: Cognizant reported revenue of $5.4 billion for the Sept quarter, marking a 7.4% year-on-year rise and a 3.2% sequential increase in dollar terms. In constant currency, revenue grew 6.5%, including a 2.5% contribution from inorganic growth. Sequential growth stood at 2.8%. Cognizant’s strong quarterly performance lifted its shares 6.6% in early Nasdaq trading following…
Dividend cheque was presented to Union health minister JP Nadda by Dr Anitha Thampi, chairperson of HLL, in the presence of minister of state Anupriya Patel and health secretary Punya Salila Srivastava. Mini-Ratna CPSE HLL Lifecare Limited has paid a record dividend of Rs 69.53 crore to the Government of India for the financial year…
