February 13, 2026
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Britannia Industries reported a 17% year-on-year rise in third-quarter net profit, supported by price increases and the impact of recent GST cuts. The biscuit maker posted a consolidated net profit of ₹6.8 billion for the quarter ended December 31, surpassing analyst expectations of ₹6.64 billion. Revenue grew 8.2% to ₹49.7 billion, marking an improvement from […]Continue Reading
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Polycab India reported a 36% rise in consolidated net profit for the third quarter ended December 31, reaching ₹6.22 billion ($68.5 million), up from ₹4.58 billion a year ago. The growth was driven by sustained demand in the company’s core wires and cables segment, supported by strong infrastructure and housing activity across India. Revenue from […]Continue Reading
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Shares of Devyani International, the Indian operator of KFC and Pizza Hut, surged up to 8.3% after it announced a long-awaited $934 million merger with rival Sapphire Foods. The deal creates one of India’s largest fast-food operators, positioning the combined entity as a strong challenger to market leader Jubilant Foodworks, which runs Domino’s Pizza in […]Continue Reading
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Indian benchmark indices traded flat on Tuesday, snapping a two-session winning streak as losses in IT stocks offset gains in other sectors. With no major fresh triggers and thin year-end trading volumes, investors remained cautious while awaiting cues from the upcoming third-quarter earnings season. The Nifty 50 edged down 0.02% to 26,167.35, while the BSE […]Continue Reading
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Vodafone Idea Ltd (Vi) shares were in focus on Friday after the telecom operator announced a ₹3,300 crore fundraise through the issuance of unlisted, unrated, non-convertible debentures (NCDs) by its subsidiary, Vodafone Idea Telecom Infrastructure Ltd (VITIL). The company said the issue attracted strong demand, with investor interest exceeding the size of the issuance, Continue Reading
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Women are emerging as a powerful force in India’s capital markets, with 2.5 crore women investors added over the last 10 years, according to NSE MD and CEO Ashish Kumar Chauhan. Speaking at the Business Today Most Powerful Women event, Chauhan said the NSE now has 12.2 crore registered investors covering 99.85% of India’s pincodes, […]Continue Reading
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