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Dee Development hits the floor after Q1 PAT slides 42% QoQ to Rs 16 cr

Mumbai, Aug. 4 -- Revenue from operations declined 18.57% quarter on quarter to Rs 294.46 crore in Q1 FY27 from Rs 361.57 crore in the previous quarter. On a year-on-year basis, the company's net pro... Read More


Grapevine: Leeford, Creador, Neo Group, Ambit Capital in news

New Delhi, Aug. 4 -- Generic drugmaker Leeford Healthcare is in advanced talks with Creador to sell a minority stake; Neo Group plans to bring in an Ambit executive to lead its investment banking busi... Read More


Assam: NCHAC Assembly passes Rs 1,232.56-crore Budget for 2026-27

Haflong, Aug. 4 -- The North Cachar Hills Autonomous Council (NCHAC) Legislative Assembly on Tuesday passed a Budget of Rs 1,232.56 crore for the 2026-27 financial year at the end of its two-day speci... Read More


Escorts Kubota Q1 FY27 Profit Rises 26% to Rs 3.87 Bn

Mumbai, Aug. 4 -- Escorts Kubota Limited (EKL) reported a strong performance for the quarter ended June 2026, with standalone profit from continuing operations before exceptional items rising 26% year... Read More


Business, investment reforms drive Dira 2050

DAR ES SALAAM, Aug. 4 -- TANZANIA will rely on sustained business and investment reforms to implement the Tanzania Development Vision 2050, with the government saying the countrys economic transformat... Read More


Sri Lanka loses Rs. 17.3 billion annually in cigarette tax revenue

Sri Lanka, Aug. 4 -- Sri Lanka loses an estimated Rs. 17.3 billion in cigarette tax revenue each year, an amount sufficient to fund the annual budget of the 1990 Suwa Seriya ambulance service almost f... Read More


Govt proposes to ease tax relief conditions for offshore funds

India, Aug. 4 -- To strengthen India's position as a global fund management hub, the Government has proposed to substantially relax the eligibility conditions for an Eligible Investment Fund (EIF) man... Read More


RBI appoints Monisha Chakraborty as ED

India, Aug. 4 -- The Reserve Bank of India (RBI) on Monday said it has appointed Monisha Chakraborty as Executive Director (ED), who will oversee the departments of foreign exchange and financial mark... Read More


Rupee rises for sixth day, gains 12 paise to 95.31 against US dollar

India, Aug. 4 -- The rupee strengthened against the US currency for the sixth consecutive session on Monday, closing higher by 12 paise at 95.31 (provisional) following a sharp drop in global crude oi... Read More


Willie Walsh assumes charge as IndiGo CEO

India, Aug. 4 -- Willie Walsh, a pilot and an aviation industry leader, on Monday took charge as the CEO of the country's largest airline IndiGo. An Irish national, Walsh is now at the helm of IndiGo... Read More