Tag: BusinessUpdate

Tata Motors Q1 FY26 Results: Profit Falls 62% Due to Lower Sales and JLR Tariff Impact

Tata Motors has reported a 62.2% drop in net profit for the April–June quarter (Q1 FY26). The company…

Mahindra Buys 58.96% Stake in SML Isuzu, Renames it SML Mahindra

Mahindra & Mahindra (M&M) has bought a 58.96% stake in commercial vehicle company SML Isuzu for ₹555 crore.…

HUL Q1 FY25: Net Profit Rises 5.97% to ₹2,768 Cr, Revenue Grows 5.15%

Hindustan Unilever Ltd (HUL), one of India’s top FMCG companies, announced its financial results for the April-June 2025…

With $200 Million Cash Reserve and 70% Gross Margin, Lenskart Sets Stage for IPO at $10 Billion Valuation

Eyewear brand Lenskart, backed by SoftBank, is getting ready to go public (IPO) later this year. According to…

Wipro Consumer Care Records ₹10,600 Cr Revenue in FY25, Achieves 7.8% Volume Growth Despite Weak Demand and Global Slowdown

Wipro Consumer Care & Lighting (WCCL), the FMCG division of Wipro, reported a 3.5% increase in revenue, reaching…

Microsoft Layoffs: Top Executive Takes Break as More Job Cuts Expected…

Microsoft’s top sales leader, Judson Althoff, is taking a two-month break from work, according to a report by…

Religare Enterprises Faces ₹1.05 Billion Tax Demand from Authorities

Religare Enterprises Ltd. (RELG.NS) has announced that one of its units has received two tax notices from authorities,…

Ola Electric Just Took a Huge Hit—Find Out What Went Wrong?

Shares of Ola Electric Mobility (OLAE.NS) fell by 3.7% to ₹48.62 on Monday after news broke that a…