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Govt mandates alternative fuel facilities at every third fuel outlet

New Delhi, Aug. 13 -- The government has mandated that at least every third retail outlet (RO) of fuel marketing entities must offer a "new generation alternative fuel", including CNG, LNG, biofuels o... Read More


Anchor investors exit faster from smaller IPOs, finds SEBI study

New Delhi, Aug. 13 -- The anchor investors have been exiting their investments more aggressively in smaller initial public offerings on the mainboard compared to larger IPOs. According to the SEBI st... Read More


Brigade Group profit rises 37% to Rs.217 crore in Q1

New Delhi, Aug. 13 -- Brigade Group posted a 37 per cent growth in profit after tax (PAT) to Rs.217 crore for the first quarter of FY27, even as revenue declined 11.6 per cent year-on-year (YoY) to Rs... Read More


ISMA partners with ICAR's sugarcane research centre to set up seed production centre

New Delhi, Aug. 13 -- The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) on Wednesday announced that it has signed an MoU with ICAR-Indian Sugarcane Research Institute (ICAR-ISRI), Luc... Read More


Elgi Equipments Q1FY27 net profit grows 20 per cent

New Delhi, Aug. 13 -- Elgi Equipments, the Coimbatore-headquartered manufacturer of air compressors, posted 23 per cent growth in consolidated revenue of Rs.1,062 crore for the quarter ended June 2026... Read More


Tata Trusts begins process to select Chandra's successor as Tata Sons Chairman

New Delhi, Aug. 13 -- Tata Trusts has initiated the process to select a new Chairman in place of incumbent N Chandrasekaran, who has opted against a third term beginning February 2027. The Sir Dorabji... Read More


NITES flags prolonged onboarding delay for 200-plus Wipro Elite hires

New Delhi, Aug. 13 -- IT employee welfare union Nascent Information Technology Employees Senate (NITES) has sought the intervention of the Union Labour Ministry over the alleged delay in onboarding mo... Read More


Karnataka says rain made Cauvery water allotment to TN possible; TN says release was not voluntary and need more

New Delhi, Aug. 13 -- Karnataka in the Supreme Court on Thursday said good rainfall in a distress year made right an erroneous direction upheld by the Cauvery Water Management Authority (CWMA) to dail... Read More


Editorial. Exploring options

New Delhi, Aug. 13 -- Rattled by the war-induced oil shock, India (which imports nearly 90 per cent of its crude needs) has of late unveiled a slew of policy steps to reduce its oil import bill; this ... Read More


SBI raises $500 million overseas as strong investor demand sharply cuts spread

New Delhi, Aug. 13 -- State Bank of India (SBI) has successfully priced a $500 million Regulation S bond issue through its London branch, showcasing strong global investor confidence in India's larges... Read More