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Singapore Airlines profit plunges 57 percent as Air India losses bite harder than expected

Singapore Airlines profit plunges 57 percent as Air India losses bite harder than expected

Singapore Airlines Group’s FY26 profit fell 57.4% to SGD 1.184 billion, driven by the absence of a prior one-off merger gain and by losses linked to Air India. Even with weaker earnings, SIA says it remains firmly committed to its Air India investment, calling it essential to its multi-hub strategy in a fast growing aviation market.

Summarised by Beize from a story on The Economic Times on 14 May 2026
JSW Steel Q4 profit more than doubles as prices recover and demand stays strong

JSW Steel Q4 profit more than doubles as prices recover and demand stays strong

JSW Steel reported a sharp jump in Q4 earnings, with profit before tax more than doubling for the quarter ended March 31. The company attributed the surge to recovering steel prices and steady demand, despite higher costs linked to the Iran war. Consolidated profit before exceptional items and tax stood at Rs 44.89 billion, underscoring resilience as the market firms up.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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DLF to pump in Rs 21300 crore to complete pending homes across Gurugram

DLF to pump in Rs 21300 crore to complete pending homes across Gurugram

DLF Ltd, India’s largest realty firm, plans to invest an additional Rs 21,300 crore to complete its ongoing residential projects in Gurugram and other cities. The move comes as the company holds sizable customer receivables. DLF has also rolled out fresh projects, including a luxury development, while sales bookings eased but profits and total income rose.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Bharti Airtel shares jump 2% as profit slides, Morgan Stanley flags fresh upside

Bharti Airtel shares jump 2% as profit slides, Morgan Stanley flags fresh upside

Bharti Airtel shares rose more than 2% after its Q4 numbers showed a 34% year-on-year fall in consolidated net profit to Rs 7,325 crore. Investors instead leaned into stronger operations as revenue jumped 16% to Rs 55,383 crore, led by steady India performance and resilient Africa operations, with India revenue up 8% including passive infrastructure services.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Swiggy plans to become wholly Indian company as FEMA rules reshape its board

Swiggy plans to become wholly Indian company as FEMA rules reshape its board

Swiggy is revamping its board structure to qualify as a wholly Indian concern under FEMA rules. The move is driven by stakeholder inquiries as the company manages foreign investment that accounts for roughly 60% of its shares. With India’s food delivery market fiercely competitive, the shift could give Swiggy greater autonomy and control in the next phase of growth.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Tata Motors stays steady on capex despite West Asia war shocks and cautious growth outlook

Tata Motors stays steady on capex despite West Asia war shocks and cautious growth outlook

Tata Motors is tightening its outlook on spending as the West Asia crisis throws up fresh challenges for the company. Even with these headwinds, it plans to keep capital expenditure around Rs 3,000 crore for FY27. The domestic commercial vehicle market is also expected to grow at only single digits next year, reinforcing a cautious stance.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Dixon Tech profit plunges 36 as demand weakens and costs rise sharply

Dixon Tech profit plunges 36 as demand weakens and costs rise sharply

Dixon Technologies’ quarterly profit fell 36% even as revenue grew, driven by soft consumer demand, higher component costs and the withdrawal of PLI benefits. Margins came under pressure, but the company is looking ahead with plans to scale smartphone manufacturing, telecom equipment, exports and IT hardware, betting on strong growth momentum into FY27.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Vodafone Idea shares fall 4% after denial over stake transfer talk from Vodafone Group

Vodafone Idea shares fall 4% after denial over stake transfer talk from Vodafone Group

Vodafone Idea shares slid nearly 4% after the company said it had received no communication from Vodafone Group about a reported proposal to transfer part of its stake. The move came right after an 8% surge fueled by media reports that Vodafone Plc could support Vodafone Idea’s balance sheet and fundraising efforts through such a transfer.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Bombay High Court Rejects Urgent Plea to Stall Tata Trusts Meeting on May 8

Bombay High Court Rejects Urgent Plea to Stall Tata Trusts Meeting on May 8

The Bombay High Court refused an urgent hearing request to stay Tata Trusts board meetings set for May 8. The petition claimed the Sir Ratan Tata Trust breached 2025 state rules tied to “perpetual trustees.” With the court declining interim relief, the Trusts can proceed with deliberations on key governance issues for the scheduled meeting.

Summarised by Beize from a story on Republic on 7 May 2026
Radico Khaitan restarts Gulf liquor shipments as regional tensions finally ease

Radico Khaitan restarts Gulf liquor shipments as regional tensions finally ease

Radico Khaitan has resumed liquor exports to the Gulf after shipments were halted in March and April amid regional conflict. The company says deliveries are restarting gradually, while growth in other markets such as Africa and Asia-Pacific helped cushion the slowdown. The move comes after Radico Khaitan logged record export sales in the previous fiscal year.

Summarised by Beize from a story on The Economic Times on 7 May 2026

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Emami to buy 60 percent stake in Vedix and SkinKraft parent for Rs 321 crore

Emami to buy 60 percent stake in Vedix and SkinKraft parent for Rs 321 crore

Kolkata-based Emami is set to acquire a 60% stake in IncNut Digital, the company behind beauty brands Vedix and SkinKraft, in a deal valued at Rs 321 crore. Emami plans to purchase the remaining stake over the next four and a half years, signaling a long-term push into the fast-growing skincare and wellness segment.

Summarised by Beize from a story on The Economic Times on 7 May 2026
NMDC raises iron ore prices by Rs 200 per tonne sparking fresh pressure on steel makers

NMDC raises iron ore prices by Rs 200 per tonne sparking fresh pressure on steel makers

State-owned NMDC has increased its iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump is now at Rs 5,500 per tonne and fines at Rs 4,700, excluding taxes and fees. The move is likely to raise input costs for steel manufacturers and could ripple through downstream pricing.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Marico ditches comfort coconut for premium and digital growth targets 15000 crore by FY27

Marico ditches comfort coconut for premium and digital growth targets 15000 crore by FY27

Marico is retooling its growth strategy, shifting from familiar coconut oil strength toward premium and digital brands. The company is targeting double-digit revenue growth and aims to cross ₹15,000 crore by FY27, supported by higher-margin categories. It expects demand to recover steadily, plans stronger international growth, and is expanding and upgrading its distribution network to carry the momentum.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Adani Arcelor firms move treasury operations to GIFT City aiming to rival Singapore and Dubai

Adani Arcelor firms move treasury operations to GIFT City aiming to rival Singapore and Dubai

Adani, Arcelor and other major companies including Bharti Airtel, Genpact and ZF Friedrichshafen are setting up treasury operations in India’s GIFT City. The tax-neutral finance zone is expected to deliver cheaper funding and lower taxes on dividend remittances. Seventeen corporate treasuries are slated to start within three months as India seeks to compete with Singapore and Dubai for global capital management.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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Yotta Data eyes up to 900 million Mumbai IPO and $6 billion valuation

Yotta Data eyes up to 900 million Mumbai IPO and $6 billion valuation

Yotta Data Services is reportedly preparing for a Mumbai IPO that could raise as much as $900 million, with a possible $300 million pre-IPO funding round. The company is pitching its growth to investors as AI-driven demand boosts data centre capacity across India. With a targeted valuation of about $6 billion, it’s betting on the momentum in the country’s digital infrastructure build-out.

Summarised by Beize from a story on The Economic Times on 5 May 2026
CCI rejects AGI Greenpac bid to overturn green channel approval for HNG deal

CCI rejects AGI Greenpac bid to overturn green channel approval for HNG deal

The Competition Commission of India has rejected AGI Greenpac’s renewed challenge to the green channel approval granted for Independent Sugar Corporation’s acquisition of Hindusthan National Glass & Industries. AGI Greenpac alleged undisclosed equity participation and a control transfer, but the CCI found no significant market overlaps or material changes that would justify interfering with the earlier clearance.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Lodha Developers plans Rs 22000 crore housing launch as bookings target rises 17 percent

Lodha Developers plans Rs 22000 crore housing launch as bookings target rises 17 percent

Lodha Developers will roll out new housing projects worth about Rs 22,000 crore in FY27, spanning the Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR. The company is targeting 17% growth in sales bookings, with a projected Rs 24,000 crore in booking value, signaling an aggressive push to scale up launches and demand across key markets.

Summarised by Beize from a story on The Economic Times on 1 May 2026
Adani Group unveils three layer restructure to speed decisions and power next growth phase

Adani Group unveils three layer restructure to speed decisions and power next growth phase

Adani Group has announced a sweeping operational overhaul using a new three-layer structure designed to speed decision-making and improve execution as India’s infrastructure boom gathers pace. The conglomerate is also expanding worker facilities and planning major investments. Meanwhile, Adani Enterprises is raising funds via a share sale, even as the group tackles operational hurdles and ongoing legal matters.

Summarised by Beize from a story on The Economic Times on 1 May 2026

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Amazon settles dispute with Future Coupons agreeing to pay over Rs 11 crore

Amazon settles dispute with Future Coupons agreeing to pay over Rs 11 crore

Amazon and Future Coupons Pvt Ltd have ended a long-running dispute after a March 13 agreement. As part of the settlement, FCPL will pay more than ₹11 crore—over 10% of a ₹105 crore arbitration award—and both sides will withdraw legal proceedings across forums. FCPL will also drop its appeal against the Singapore arbitration ruling.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Vedanta sets special trading session for demerger today here is what investors should watch next

Vedanta sets special trading session for demerger today here is what investors should watch next

Vedanta shares will trade ex-demerger today, with a special session set to recalibrate prices. The restructuring paves the way for four new entities to list in the near term, aiming to unlock value for shareholders. With the company recently reporting strong Q4 profit growth, investors are advised to track the upcoming listings and how the market prices the split.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
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