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Vedanta, Hindustan Zinc Among Firms Eyeing Govt's Rs 7,280 Crore Rare Earth Magnet SchemeThe government, on March 20, invited bids for setting up manufacturing facilities for 6,000 metric tonnes per annum (MTPA) of magnets under the scheme.
- Apr 06, 2026 23:11 pm IST
- Press Trust of India
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Shapoorji Pallonji Group Gets Relief On $3.4 Billion Private Credit DebtIts financing arm, Porteast Investment, will temporarily raise its loan-to-value limit to 40% from 34% for four months through July 15.
- Apr 06, 2026 22:58 pm IST
- Bloomberg News
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Indian Oil And BPCL Delay Maintenance To Stabilise Fuel SuppliesIndian Oil, the nation's largest refiner, operates nine plants with a combined capacity to process 1.4 million barrels of crude a day. Bharat Petroleum runs three facilities that can collectively refine 709,000 barrels per day.
- Apr 06, 2026 21:57 pm IST
- Bloomberg News
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Godrej Consumer Sees 6-9% Cost Hit If Crude, Palm Oil Prices Stay ElevatedFor Q4, Godrej Consumer Products is expecting to report nearly a double-digit revenue growth on a consolidated basis.
- Apr 06, 2026 21:46 pm IST
- Prajwal Jayaraj
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RBI Cancels Licence Of Shirpur Merchants' Co-op BankThe Commissioner for Cooperation, Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator.
- Apr 06, 2026 20:06 pm IST
- Press Trust of India
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WeWork India Management Leases Over 7 Lakh Sq Ft Of Office Space, To Set Up Five Co-working CentersThe company has taken office space from Embassy Office Parks, Madhu Ventures & Vista Spaces, Inspira Builders and Phoenix Group Hyderabad.
- Apr 06, 2026 20:06 pm IST
- Press Trust of India
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'Evaluating Opportunities': Nykaa On Buzz Over Buying Deepika Padukone's Skincare BrandIn a clarification for the exchanges, the company has said that it remains in discussions with concerned parties.
- Apr 06, 2026 19:53 pm IST
- Khushi Maheshwari
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CBI Probes Rs 73,000 Crore Bank Fraud Linked To Anil Ambani's Reliance Group; ED Flags IBC IrregularitiesThe CBI informed the Supreme Court that it is actively investigating seven cases, and is probing the roles of certain public servants as well.
- Apr 06, 2026 19:30 pm IST
- Press Trust of India
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Amul Enters Rs 1 Lakh Crore Topline Club — From RIL To TCS, Check Others On The ListMost companies in the Rs 1 lakh crore revenue club come from sectors such as energy, banking, metals, automobiles and information technology.
- Apr 06, 2026 19:16 pm IST
- Pratiksha Thayil, Jasmeet Singh Ghai
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RBI Overhauls Business Correspondent Norms To Boost Last-Mile BankingThe regulator has proposed to define three types of delivery points—branch, Business Correspondent- Banking Outlet (BC-BO) and Business Correspondent- Banking Touchpoint (BC-BT).
- Apr 06, 2026 19:05 pm IST
- Piyush Shukla
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Suhel Seth Has A Beef With Axis Bank Customer Care, Netizens ReactSuhel Seth's remarks triggered responses from users, many of whom shared their own experiences.
- Apr 06, 2026 18:53 pm IST
- NDTV Profit News
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West Asia Tensions Push Companies To Move Backup Data Centers Farther Away; India Sees Demand SurgeEarlier, companies preferred secondary data centers to be located in the same city or nearby regions to keep costs low and ensure faster data access. That approach is now changing.
- Apr 06, 2026 18:03 pm IST
- Rishabh Bhatnagar
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United Spirits To Allied Blenders In Focus As Packaging Cost Surge Raises Price Hike RiskPackaging costs have surged by 30% to 40%, mounting pressure on the beverage industry.
- Apr 06, 2026 17:16 pm IST
- Riddhima Bhatnagar, Khushi Maheshwari
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Facebook Parent Meta To Lay Off 200 Employees In Silicon Valley As AI-Led Restructuring ExpandsThe company stated that it is finding opportunities for the employees that will be let go, wherever it is deemed possible.
- Apr 06, 2026 16:53 pm IST
- Prajwal Jayaraj
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UAE Investment Platform Valura.ai Makes India Debut With A Rs 3,000 Crore PipelineThe onboarded network includes independent financial advisors (IFAs), registered investment advisors (RIAs), mutual fund distributors, and chartered accountants.
- Apr 06, 2026 16:31 pm IST
- NDTV Profit Desk
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Anand Rathi Mulls Bonus Share Issue; Board To Meet On April 9If approved, this is the second time in over a year that the company will be issuing bonus shares to its shareholders.
- Apr 06, 2026 15:33 pm IST
- Khushi Maheshwari
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Nykaa In Talks For Majority Stake In 82 E: Can It Revive Deepika Padukone's Skincare Bet?Skincare brand Dot & Key has seen a sharp scale-up under Nykaa, while Kay Beauty, its joint venture with Katrina Kaif, reported 50% revenue growth to Rs 132.4 crore in FY25.
- Apr 06, 2026 15:31 pm IST
- Yukta Baid
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TCS Faces High Senior Level Attrition Amid Layoffs, Compensation Issues: ReportTCS is experiencing a surge in senior-level attrition amid restructuring, layoffs, and compensation issues.
- Apr 06, 2026 15:05 pm IST
- Soumil Kamat
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SC Refuses To Halt Adani's JAL Takeover, Asks Vedanta To Fight It Out At NCLATThe NCLAT's two-member bench sought a response from the Committee of Creditors (CoC) of JAL within a week. It also directed to list the matter on April 10 for the next hearing.
- Apr 06, 2026 13:55 pm IST
- NDTV Profit Desk