business news India
Asian Paints Q3 FY26: Revenue Growth Cushions Profit Decline Amid Seasonal Headwinds
Asian Paints reported steady revenue growth in Q3 FY26 driven by higher volumes, even as net profit declined year-on-year due to exceptional expenses...
Rashmi Group to Set Up ₹12,500 Crore Steel Plant in Telangana, AB InBev Expands Operations
Rashmi Group has announced a ₹12,500 crore investment to establish a major steel manufacturing plant in Telangana, while AB InBev plans to expand...
Techno Paints and Chemicals Charts IPO Path, Appoints Sachin Tendulkar as Brand Ambassador
Techno Paints and Chemicals is planning a Rs 500 crore IPO in the next financial year as part of its expansion strategy, while...
UK Paints to Increase Direct Holding in Berger Paints Through Internal Restructuring
UK Paints (India) Private Limited will raise its direct stake in Berger Paints India Limited to 64.57 percent through an internal promoter restructuring,...
Dalmia Cement Gains Major Relief as Tamil Nadu Drops Tax Demand
Tamil Nadu tax authorities have withdrawn tax and penalty demands totalling Rs 266.3 crore against Dalmia Cement, offering significant relief after detailed scrutiny...
Jindal Cement Industries’ Share Purchase Brings Strategic Shift in Jindal Steel’s Promoter Structure
Jindal Cement Industries has acquired shares in Jindal Steel, marking its entry into the promoter group. The move signals strategic alignment and stability...
Shree Cement Hit with ₹588 Crore Tax Demand for FY22, Says No Major Impact Expected
Shree Cement Ltd, India’s leading cement manufacturer, has been served an income tax demand of ₹588.65 crore for the fiscal year 2021–22. The...
SC Liquidation Order on Bhushan Power Shakes JSW Steel, Sparks IBC Concerns
The Supreme Court’s order to liquidate Bhushan Power and Steel Ltd (BPSL) has left JSW Steel in legal and financial limbo, four years...
The Ramco Cements Sells ₹455 Crore in Non-Core Assets to Cut Debt
Ramco Cements has asset monetization of ₹455.03 crore in FY25 as part of the company’s asset monetization strategy which aims to reduce debt...
Indian Exporters Face Uncertainty as Myanmar-Thailand Earthquake Disrupts Trade
Gujarat is among the states whose business community is feeling the rumblings of the powerful earthquake that rocked Myanmar and Thailand on March 28,...
