October 14, 2026
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Shares of Godrej Consumer Products plunged 11.2% on Wednesday, marking their steepest single-day decline in more than six years. The sell-off followed the abrupt departure of CEO Sudhir Sitapati, raising concerns among investors about the company’s strategic execution and growth plans. Godrej Consumer appointed CFO Aasif Malbari as CEO and managing director after Sitapati Continue Reading
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India’s state-run Hindustan Aeronautics Ltd (HAL) reported a nearly 15% rise in first-quarter profit, supported by strong execution of defence orders and steady progress in project deliveries. The aerospace and defence company posted a June-quarter net profit of ₹15.90 billion ($166.66 million), compared with ₹13.84 billion a year earlier. HAL’s revenue from operations Continue Reading

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