Reliance Industries Limited (RIL) reported a consolidated net profit of ₹18,165 crore for the quarter ended September 2025, up 10 % compared with ₹16,563 crore in the same quarter last year. Revenue also sees growth Revenue from operations rose roughly 10 % year-on-year to around ₹2.59 lakh

HDFC Bank has clarified that the adoption of artificial intelligence will not result in job cuts. CEO Sashidhar Jagdishan said the bank sees AI as a tool to enhance efficiency and redeploy staff into customer-facing and technology roles rather than reduce its workforce. AI Experiments in Progress The bank, with a workforce of around 2.20 […]

E-commerce company Meesho has received clearance from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), aiming to raise between $700–800 million. This makes it one of the largest upcoming listings by a new-age Indian startup. IPO Structure and Listing Plan The issue will include a fresh share sale […]

Union Finance Minister Nirmala Sitharaman on Saturday said the recent Goods and Services Tax (GST) rate cuts have boosted consumer demand and are likely to sustain momentum in the coming months. She noted that businesses have started passing on tax benefits, reflected in stronger sales of automobiles and consumer goods. Monitoring Prices Closely Sitharaman also […]

The BSE Sensex climbed 484 points on Friday, while the Nifty 50 crossed the 25,700 mark to close at a fresh one-year high. Key winners and movers Stocks such as Asian Paints and Mahindra & Mahindra saw double-digit gains of around 4% and 3% respectively. Among financials and energy names, Reliance, HDFC Bank, and ICICI […]

Elon Musk conceded that X (formerly Twitter) is underpaying content creators and that payment allocation on the platform is not accurate enough. Praise for YouTube’s model In contrast, Musk lauded YouTube’s monetization system, saying it is more efficient and fair for creators. Creator backlash Many creators have long complained about unpredictable earnings and lack of

Coca-Cola Co. is reportedly considering an initial public offering (IPO) of its main Indian bottling unit, Hindustan Coca-Cola Beverages Pvt. Ltd., with a potential fundraising target of around $1 billion. Advisors and timeline The company is said to be in early discussions with financial advisors to evaluate market conditions and structure of the share sale. […]

Wipro Ltd reported a consolidated net profit of ₹3,246 crore in Q2 FY26, up 1.2% from ₹3,209 crore a year earlier. The figure fell short of street expectations. Revenue and guidance The company expects Q3 IT services revenue to be between USD 2.59 billion and 2.64 billion. Deal bookings reportedly jumped by 91% in the […]

The Economic Offences Wing (EOW) of Mumbai Police has widened its probe into IndusInd Bank over alleged accounting irregularities, focusing on ₹255 crore in unsubstantiated entries. These amounts were reportedly omitted from the bank’s original complaint, which flagged a lapse of nearly ₹2,000 crore. Nature of the discrepancy These newly uncovered entries are suspected to

Axis Bank reported a 26 % year-on-year drop in net profit for Q2 FY26, down to ₹5,090 crore. The decline was driven by a sharp rise in provisions, including a one-time ₹1,231 crore standard asset provision linked to discontinued crop loans. Core performance shows resilience Despite the earnings hit, the bank’s core business held steady. […]