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Rohit Jain Appointed RBI Deputy Governor for 3 YearsAccording to a notification issued by the Department of Personnel and Training (DoPT), his tenure will take effect on or after May 3.
- May 02, 2026 21:46 pm IST
- NDTV Profit Desk
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Open To Inorganic Growth Opportunity, Kotak Mahindra Bank CEO Says | Profit ExclusiveAshok Vaswani said the ongoing West Asia crisis will have some impact on various supply chains and presently the situation is very fluid on ground.
- May 02, 2026 19:28 pm IST
- Piyush Shukla
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HUL: Systematix Turns Cautious on Valuations, Cuts Target Price Post Q4 Results — Check Potential UpsideThe fmcg major delivered a strong Q4 performance, with consolidated revenue rising 8% YoY, the highest growth in 12 quarters, supported by 6% volume growth led by home care, hair care and premium personal care segments.
- May 02, 2026 18:24 pm IST
- Systematix Institutional Equities
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JPMorgan Exit To $52 Million Package: Viswas Raghavan's Swift Return Sparks DebateRaghavan is tipped to succeed Citigroup CEO Jane Fraser in the future, according to a report.
- May 02, 2026 17:39 pm IST
- NDTV Profit News
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Adani Ports: Motilal Oswal Hikes Target Price After Q4 Results, Maintains Bullish Call — Here's WhyWith a healthy balance sheet, expanding international footprint, and robust growth visibility, Motilal Oswal believes Adani Ports is well-positioned to outpace industry growth in the coming years, supporting its continued bullish view on the stock.
- May 02, 2026 16:42 pm IST
- Motilal Oswal Financial Services
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Axis Bank Opens Its First Digital Locker-Focussed Branch In DelhiBy rethinking branch design and service delivery, Axis Bank is strengthening its physical presence in dense urban locations while offering customers greater control, privacy, and convenience, the bank said in a statement.
- May 02, 2026 15:25 pm IST
- Press Trust of India
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Spirit Airlines Shutdown: What It Means For Fares, Airlines And TravellersSpirit Airlines shutdown explained: fares rise, refunds begin, and airlines respond as travellers face disruption after the low-cost carrier exits.
- May 02, 2026 14:07 pm IST
- NDTV Profit News
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Spirit Airlines Ends Operations Amid Financial Stress; Refunds, Alternative Options ExplainedSpirit Airlines shuts down all flights after financial stress. Refunds to be processed as travellers turn to budget airlines and alternatives.
- May 02, 2026 13:59 pm IST
- NDTV Profit News
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Spirit Airlines Begins Wind-Down, Cancels Flights After Bailout Talks CollapseSpirit Airlines' decision comes after funding discussions failed to result in a rescue, leaving the airline without a path to continue operations.
- May 02, 2026 13:12 pm IST
- NDTV Profit Desk
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TVS Motors April Auto Sales: EVs, Three-Wheelers Lead With Over 35% Jump YoYElectric vehicle (EV) sales stood out, jumping 36% year-on-year to 37,771 units. The sharp rise underscores growing consumer acceptance of electric scooters and motorcycles.
- May 02, 2026 11:06 am IST
- NDTV Profit Desk
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Heatwave In India, UAE Exits OPEC, Exit Poll Results, US Fed Policy, April Auto Sales — The Week That WasAmid the current geopolitical trends and volatile movement of financial indicators, several high-stakes developments kept the week buzzing for the global economy and domestic market.
- May 02, 2026 09:00 am IST
- NDTV Profit Desk
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KFC Pulling Customers Away From Ordering Online? Here's What We KnowKFC operator Sapphire Foods India is driving dine-in growth with in-store-only offers as customer traffic stabilises.
- May 02, 2026 08:24 am IST
- NDTV Profit Desk
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US Approves Nearly $9 Billion In Weapons Sales To The Middle East Amid Fragile Iran CeasefireThe department authorized the sale to Israel of as many as 10,000 Advanced Precision Kill Weapon System-II All Up Rounds, worth $992.4 million and manufactured by BAE Systems.
- May 02, 2026 08:12 am IST
- Bloomberg News
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Spirit Bailout Talks Said To Have Ceased With Closure ImminentTrump on April 23 said he was considering having the US purchase Spirit, saying it could be a potentially good investment for the federal government.
- May 02, 2026 08:06 am IST
- Bloomberg News
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April Auto Sales Update: Hero MotoCorp Total Sales Surges 85%; Maruti Suzuki Sees Highest Ever Monthly SalesApril Auto Sales Live: Hyundai Motor India's sales in April have come in line with estimates with total sales at 65,610 units, while Escorts Kubota posted a beat in sales figures
- May 01, 2026 23:12 pm IST
- Nikita Prasad, Pratiksha Thayil
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Air India To Cut International Flights Till July Amid Jet Fuel Price Surge, Airspace CurbsAirspace restrictions in the wake of the Middle East conflict have forced the airline to take longer routes for many international destinations, resulting in increased fuel burn.
- May 01, 2026 22:14 pm IST
- Press Trust of India
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Jindal Steel Q4 Results: Net Profit Jumps To Rs 1,000 CroreThe Board of Directors has recommended a final dividend of Rs 2 per share for the year, subject to the approval of shareholders.
- May 01, 2026 21:28 pm IST
- Press Trust of India
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Vedanta Shares Nearly Doubled In One Year Amid Demerger Optimism, Steady Financial PerformanceVedanta will file with stock exchanges next week for listing approval of its demerged entities, with shares expected to list and commence trading by mid-June, a top official of the company said on Wednesday.
- May 01, 2026 18:43 pm IST
- Press Trust of India
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Empower India Signs Term Sheet To Acquire UAE-Based MABILThe transaction is structured as a strategic cross-border acquisition to be executed through a share swap arrangement, the company said in a statement.
- May 01, 2026 17:55 pm IST
- Press Trust of India
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Lodha Developers To Launch Homes Worth Nearly Rs 22,000-Crore For Sale In FY27These projects would be launched in the Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR.
- May 01, 2026 17:38 pm IST
- Press Trust of India