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MUMBAI: Tata Steel’s consolidated profit surged multifold to Rs 2,730 crore in Q3FY26, aided by higher sales volumes despite weak steel prices. Its profit in Q3FY25 was Rs 296 crore. Domestic production volumes increased 11%, while delivery volumes grew 14%, driven by improved capacity utilisation at its Kalinganagar and Jamshedpur plants. Quarterly deliveries crossed six…
Microsoft has officially promoted four top sales executives to the rank of Executive Vice President, a report has said. The promotions come just months after Judson Althoff was elevated to CEO of Microsoft’s Commercial Business. These promoted leaders will continue to report directly to Althoff, serving as the frontline for Microsoft’s global commercial expansion. Why…
Skoda Kylaq has crossed the 50,000-unit production milestone in a year. The Kylaq has played a key role in driving the Group’s 36 per cent year-on-year growth in 2025, with this performance supported by the expansion of its India operations and higher levels of localisation. Skoda made its entry into India’s sub-compact SUV segment with…
NEW DELHI: Passenger vehicle makers began 2026 on a strong note, with Jan sales data pointing to a broad-based momentum across the industry, aided by steady demand in smaller towns and cities, and sustained consumer sentiment after GST cuts.Market leader Maruti Suzuki posted passenger vehicle sales of 2.2 lakh units in Jan 2026, up from…
Commerce Secretary Rajesh Agrawal (Photo-PTI) The Budget FY27 proposal to allow Special Economic Zone (SEZ) units to sell goods in the domestic market at concessional duty rates is expected to boost import substitution and generate employment, Commerce Secretary Rajesh Agrawal said, adding that detailed operational guidelines will be rolled out in the next two to…
Government aims at raising Rs 80,000 crore from divestment and asset monetisation in 2026-27, a sharp increase from the revised estimate of nearly Rs 34,000 crore.While govt has moved away from mentioning a specific target for asset sales in state-run firms, the realisations from divestment are mentioned under what is called the miscellaneous capital receipts.Economic…
As she completed three decades in Hindi cinema, actress Rani Mukerji said that she never came into films with a master plan and that even today, she still carries the nervousness of that young girl standing in front of the camera for the first time, hoping she belonged. Looking back, the actress shared a letter…
New Delhi: Maruti Suzuki India on Wednesday reported a 3.7% rise in net profit for the third quarter, supported by a rebound in domestic sales after GST reforms, though earnings were hit by a one-time provision linked to new labour laws and higher commodity costs. The country’s largest carmaker posted a net profit of Rs…
India’s residential real estate market moved into a phase of normalisation in 2025, with housing sales moderating from elevated levels even as prices stayed firm, reflecting a more disciplined and resilient market structure, according to a report by digital real estate transaction and advisory platform PropTiger.Across the top eight cities, all-India residential sales declined 12%…
Parle Products reported steady growth in revenue in FY25, even as profitability came under pressure, highlighting the intense competition and changing dynamics of India’s biscuit and confectionery market. The unlisted FMCG major recorded an 8.5 per cent rise in operational revenue to Rs 15,568.49 crore in the financial year ended March 31, 2025, according to…
