ADANI PORTS Q1 RESULTS
Donald Trump administration officially bans U.S. commercial international flights to THIS City. Here's why shocking reason
U.S. government designated a powerful gang coalition known as Viv Ansanm as a foreign terrorist organization.
SpiceJet shares fall 5% after airline reports Rs 234 crore net loss in Q1FY26
SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year's profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline's net worth improved due to financial restructuring.
SpiceJet to unground 10 aircraft by April 2026, expansion underway to meet market demand
SpiceJet aims to restore grounded aircraft by April 2026, including several Boeing 737 NG, MAX, and Q400 planes. The airline has secured maintenance slots and dispatched engines for repair. SpiceJet received overhauled engines from StandardAero. SpiceJet raised funds and finalized a lease for ten Boeing 737s.
Adani Group looks to invest USD 60 bn in power, RE sectors till FY32
Adani Group plans to invest approximately USD 60 billion in the power sector by FY32, with a significant focus on renewable energy expansion. The group aims to increase its renewable energy capacity to 50 GW by FY30, investing USD 17 billion in transmission and distribution capabilities. Adani Power will invest USD 22 billion to reach a 41.
Adani Power sets 41 GW thermal goal by 2032
Adani Power has significantly increased its thermal power capacity addition target to 41 GW by 2032, driven by the government's push for increased thermal capacity. The company plans to invest ₹1.8 lakh crore, primarily funded through internal accruals, to achieve this expansion.
Vedanta to pour Rs 17,000 cr into Jaiprakash Associates, beats Adani bid
Vedanta won the bid for Jaiprakash Associates with a ₹17,000-crore offer. It outbid Adani Enterprises in the insolvency battle. The deal involves major cement facilities. Only Vedanta and Adani submitted binding offers. Other suitors like Jindal Power and Dalmia Bharat did not participate. The Committee of Creditors will review Vedanta's winning bid. The resolution process for Jaiprakash Associates faced delays.
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SpiceJet Q1 Results: Airline slips into red with Rs 234 crore YoY loss, revenue falls 36%
SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year. Revenue from operations also declined significantly. It fell by 36 percent year-on-year, reaching Rupees 1,060 crore.
Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 crore
Oyo has reported a profit after tax of over Rs 200 crore in the first quarter of fiscal year 2026, with revenue growing 47% to Rs 2,019 crore. The company's Gross Booking Value surged 144% to Rs 7,227 crore, driven by hotel openings and premiumization.
Adani Power gets shareholder nod for 1:5 stock split
Adani Power received shareholder approval for a 1:5 stock split, as announced in a postal ballot on August 1, 2025. This decision, aimed at enhancing retail investor participation, will subdivide each Rs 10 share into five shares of Rs 2 each. Post-split, the number of equity shares will increase significantly, while the company's capital structure remains unchanged.
Varun Beverages Ltd forms JV with Everest International to make refrigerators
Varun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% stake in the venture, which will focus on manufacturing visi-coolers and other refrigeration equipment. The company has invested ₹21.25 crore, acquiring 2,12,50,000 equity shares in White Peak Refrigeration Pvt Ltd.
Omnichannel jewellery retailer Bluestone narrows Q1 loss as revenue rises 41%
For the Bengaluru-based company, which announced its first results after listing on the Indian bourses, total expenses during the quarter rose 29% to Rs 538.4 crore, led by a 51% jump in employee benefit costs to Rs 62.9 crore.
Trump's 50% tariffs put India's billionaire families in the crosshairs
Donald Trump's imposition of 50% tariffs on Indian goods has sparked concerns among India's top business families, particularly those with significant exports to the US. Companies like Reliance Industries, Adani Group, and ArcelorMittal face potential setbacks due to these tariffs, impacting their revenue and export strategies.
Adani Green, Waaree Energies and other renewable energy stocks in focus as GST cut to 5% from 12%
Renewable energy stocks like Adani Green, Tata Power, NTPC, and Waaree Energies in focus after the GST Council cut tax on solar, wind, biogas, and other clean energy devices and parts to 5% from 12%, lowering costs for developers and boosting green transition.
Small and mid-cap firms lag behind large caps in Q1 earnings show
An ETIG analysis reveals that small and mid-cap firms underperformed large caps in the June quarter, with profit growth hitting multi-quarter lows. Large caps saw improved profit and sales growth, maintaining stable profit margins, while smaller firms experienced declines.
Luxury yacht worth $900,000 sinks minutes after launch - video of owner forced to swim to shore goes viral
A luxury yacht worth nearly $1 million, named Dolce Vento sank within minutes into its maiden introduction off the coast of Ereğli in northern Turkey. Amateur video captured the 24–30 meter vessel tilting heavily and slipping beneath underwater about 200 meters from shore. The owner, captain, and two crew members jumped to escape overboard and swam to safety without injury. Officials rapidly responded, opening a security perimeter and began an investigation.
JSW Cement Q1 profit before exceptional item & tax at Rs 164.74cr, revenue up 7.8%
JSW Cement Ltd reported a multi-fold increase in its profit before exceptional items and tax of Rs 164.74 crore for the first quarter ended June 2025.
Stocks in news: Hero MotoCorp, Hyundai India, IGL, Maruti Suzuki, BEL
The markets opened positively, buoyed by strong Q1 GDP figures. Hero MotoCorp reported an 8% YoY increase in sales, while Hyundai India saw a 4% dip. Maruti Suzuki began exporting its first BEV, the eVITARA, and BEL secured additional orders worth ₹644 crore.
Is India's Q1 GDP growth overestimated? The surprise behind the better-than-expected 7.8% number
HSBC India warns that India’s June quarter GDP growth of 7.8% may be overstated due to low deflators, especially in services and manufacturing. Inflation adjustments risk inflating real growth. External pressures like US tariffs and GST revenue impacts pose further challenges. Economists emphasize cautious optimism and stress the need to monitor growth sustainability amid evolving fiscal and global dynamics.
India Playbook 2025: Proposed tariff imposition from US punishes Indian market despite resilient economy
Global equities rallied on US-Russia talks, but Indian markets lagged, with FIIs turning sellers amid tariff fears, weak Q1 topline growth and slowing consumption. Yet, GST reforms and discounted Russian oil imports may cushion the economy.
RBL Bank shares rise 3% after Societe Generale acquires shares worth Rs 79 crore via bulk deal
RBI Bank share price: French lender Societe Generale executed a bulk deal in RBL Bank, purchasing over 31 lakh shares worth Rs 79 crore at an average price of Rs 250.57, while simultaneously offloading 1.29 lakh shares in another trade.
Adani hits record Rs 23,793 crore Ebitda in June quarter
The Adani Group's Ebitda reached a record ₹23,793 crore in the June quarter, driven by strong cement business growth. This offset a weaker performance from Adani Enterprises, where Ebitda declined. The group's overall Ebitda growth supports its planned capital expenditure of ₹1.5 to 1.6 lakh crore, aiming for ₹2.5 lakh crore Ebitda by FY30.
Family Power: Adani Group adds women leaders by tapping founders’ inner circle
Gautam Adani's conglomerate is increasing female leadership, including family members, to meet diversity goals. Srushti Adani will lead digital initiatives, while Diva Adani will focus on airport business strategies. This move reflects a broader trend in Indian conglomerates, balancing family control with evolving roles for women in key decision-making positions.
India Inc earnings downgrade drought shows first signs of breaking: Will Q2 mark the bottom?
The earnings decline for Indian companies might be nearing its end. Q1 saw the smallest downgrade cycle in a year. Large companies are showing stability. Oil and Gas sector boosted overall growth. Construction materials and telecom sectors are performing well. Textiles and consumer durables are facing challenges. Rural consumption revival and potential RBI policy changes could aid growth.
Adani's Vizhinjam port achieves major milestone, hits 1 million TEUs
Adani Group's Vizhinjam International Seaport has achieved a major milestone. The port handled over 1 million TEUs in nine months. Kerala's Minister for Ports, V N Vasavan, marked this achievement at a ceremony. Vizhinjam has welcomed over 460 vessels since its launch in December 2024. The port exceeded initial projections. It is reshaping India's maritime map.
Fitch upgrades JSW Infrastructure's rating to investment grade with stable outlook
Fitch Ratings has upgraded JSW Infrastructure's credit rating to ‘BBB-’ with a stable outlook, joining an elite group of Indian corporates. This upgrade, along with positive assessments from S&P and Moody's, reflects confidence in JSW Infrastructure's financial management, strategic growth, and pivotal role in India's port and logistics sector.
Adani Ports, ICICI Bank, Titan among top picks as PL Capital eyes 12-month Nifty target of 27,609
Prabhudas Lilladher forecasts Nifty 50 at 27,609 over 12 months, citing India’s consumption revival, tax cuts, and easier credit. Top stock picks include Titan, Britannia, DOMS Industries, Adani Ports, and ICICI Bank. Overweight on banks, healthcare, consumer; risks stem from U.S. tariffs, geopolitics, and sector-specific pressures.
Adani Ports unveils 70-acre logistics park in Kochi worth Rs 600 cr
Adani Ports is investing Rs 600 crore to develop a 70-acre logistics park in Kochi, Kerala. This project, under the Invest in Kerala initiative, aims to transform the state into a major logistics and industrial hub. The development signifies a crucial advancement in strengthening Kerala's infrastructure and economic capabilities.
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