india’s aluminium extrusion industry has suffered annual revenue losses of up to ₹14,700 crore as cheap imports, factory closures and low capacity utilisation pressure domestic manufacturers.
Grasim Industries Posts ₹234 Crore Q2 Loss on One-Time Canada Pulp JV Charge
Grasim Industries posted a ₹234 crore Q2 loss after a ₹766.7 crore charge related to its Canadian pulp joint venture, even as revenue rose 26%.
CCPA Fines Ola ₹10 Lakh Over Pre-Ride ‘Tip’ Prompts, Calls Practice a Dark Pattern
CCPA has fined Ola ₹10 lakh and ordered it to stop pre-ride payment prompts that suggested customers could improve their chances of getting a cab faster.
India Must Control Satellite ‘Kill Switch’, Cannot Depend on One Foreign Provider: Sunil Mittal
Sunil Bharti Mittal says India must control the “kill switch” for satellite networks and avoid dependence on a single foreign company or country.
Paytm Gets RBI’s In-Principle Approval to Operate Wallets, Final Authorisation Still Required
Paytm Payments Services has received RBI’s in-principle approval to operate wallets, but it must complete audits and secure final authorisation before issuing PPIs.
India’s Exports Hit Record $89.99 Billion in October, Trade Deficit Narrows to $20.09 Billion
India’s overall exports surged 29.9% to an all-time monthly high of $89.99 billion in October, while the trade deficit narrowed to $20.09 billion.
Godrej Properties Buys 31-Acre Land in Indore for ₹130 Crore, Plans Residential Project
Godrej Properties has acquired 31 acres on Indore-Ujjain Road for around ₹130 crore to develop its third residential project in Indore.
Sembcorp Green Infra Gets SEBI Nod for ₹3,750 Crore IPO, Entire Issue to Be Fresh Shares
Sembcorp Green Infra has secured SEBI approval for its ₹3,750 crore IPO, with the entire fresh issue primarily aimed at reducing debt and supporting its renewable energy expansion.
Tata Motors Passenger Vehicles Swings to ₹5,531 Crore Q2 Loss Despite 34% Revenue Growth
Tata Motors Passenger Vehicles swung to a ₹5,531 crore Q2 loss after booking ₹6,738 crore of exceptional items, even as revenue rose 34%.
Shriram Properties Q2 Net Profit Jumps 2.5-Fold to ₹21.59 Crore, Income Rises to ₹272 Crore
Shriram Properties’ Q2 consolidated net profit jumped 2.5-fold to ₹21.59 crore as total income increased to ₹272.25 crore.
