November 3, 2026
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Jio Platforms, the telecom and digital services company backed by billionaire Mukesh Ambani, reported a 13.7% increase in quarterly net profit on Friday, October 30. This marks its first earnings announcement since its record-breaking stock market debut earlier this week, which made it India’s second most valuable listed company. Net profit rose to ₹83.89 billion Continue Reading
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India’s Tata Group-owned retailer Trent reported a 23% increase in consolidated net profit for the second quarter ended September 30, 2026. Profit rose to ₹464 crore from ₹377 crore in the same period last year, supported by strong sales across its fashion and lifestyle businesses and continued store expansion. Revenue from operations increased 22% year-on-year […]Continue Reading
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India and German automaker Volkswagen clashed in a Mumbai court on Thursday over a record $1.2 billion tax demand linked to alleged undervaluation of vehicle imports. Indian authorities claim the company paid lower import duties by declaring shipments as individual car parts rather than importing nearly complete vehicles in unassembled form. Volkswagen denies the Continue Reading
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Blue Star, India’s leading air-conditioning and appliance manufacturer, reported a 25% increase in consolidated net profit for the quarter ended September 30, 2026. Net profit rose to ₹124 crore from ₹99 crore in the same period last year. Revenue from operations grew nearly 21% to ₹2,931 crore, driven by strong demand for air conditioners during […]Continue Reading
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India’s Telecom Minister Jyotiraditya Scindia has rejected claims of monopolies in the country’s telecom sector following Elon Musk’s criticism over delays in launching Starlink satellite internet services in India. Musk questioned whether Reliance Industries chairman Mukesh Ambani was using political influence to block Starlink’s entry, asking on social media whether Continue Reading

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