Business
Why Core Investment Companies Like Tata Sons Require Registration? Explains RBI Governor Sanjay MalhotraMalhotra's comments come amid continued attention on the regulatory requirements applicable to large corporate holding companies and the circumstances under which they must register with the RBI.
Apple India Revenue Grows 32% To Cross Rs 1 Lakh Crore Mark In FY26Apple India net profit grew by 66 per cent to Rs 5,311 crore in the same fiscal. The company's total expenses for the fiscal were reported at Rs 96,224 crore.
Jailer 2 Box Office Collection Day 9: Rajinikanth Starrer Maintains Momentum In Second Week, Mints This MuchJailer 2 earned Rs 15.68 crore on Day 9 till 9 pm, after an 18.18 crore Day 8. Here's how the Rajinikanth film is doing across states and cities.
Pilots' Body FIP Flags Concerns Over Proposed Relaxation In FDTL Norms ImplementationThe revised Flight Duty Time Limitations (FDTL) are being implemented in a phased manner, with the first phase of implementation done in July 2025.
Tamil Nadu Govt Reduces VAT On Aviation Turbine Fuel From 29 To 16% In ChennaiThe significant move aligns the state closer to the southern neighbours, resolving a long-standing grievance of the aviation industry. Previously Tamil Nadu's 29 percent Value Added Tax was among the highest in the country, leading airlines to limit their refuelling operations in Chennai.
JK Tyre To Hike Prices By 4-5% In Q3 As Raw Material Costs Stay ElevatedFor the July-September quarter, JK Tyre reported a 71.5 per cent on-year decline in its consolidated profit after tax to Rs 65.11 crore. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin contracted sharply to 7.1 per cent from 13.3 per cent.
RBI Net Dollar Purchase Hits $43.264 Billion In AugustNet inflows under non-resident deposits surged in August 2026, mainly supported by an increase in FCNR(B) deposits on account of the special USD-INR forex swap facility of the RBI.
Infosys Q2 Attrition Falls To 12.7%: Headcount Rises To 3.33 Lakh On 8,000 New Fresher HiresInfosys' voluntary attrition rate declined to 12.7% in Q2 FY27 from 13% in the previous quarter and 14.3% a year earlier. Total employee headcount increased to 332,542 as the IT services major continued hiring.
Infosys FY27 Guidance Cut Counters $5.2B Deal Bonanza, AI Revenue Uptick; Margins Steady Amid ExternalInfosys lowered its FY27 constant-currency revenue growth guidance to 1%-2% from 1.5%-3%, despite securing $5.2 billion in large deals during Q2. AI revenue rose 29% sequentially to account for 10.5% of total revenue.
Goa Cuts ATF VAT To 7% From 15%: New Rate Takes Effect On October 24The move follows similar ATF VAT cuts in Delhi and Maharashtra, where the tax rates were reduced to 7% from 25% and 18%, respectively.
GIC Adds 1,000 Hospitals To Common Empanelment Network In FY27The industry body had onboarded around 2,000 hospitals by the end of fiscal 2026 and is targeting 5,000 hospitals by the end of fiscal 2027.
A San Francisco Startup Says It Made Gold From Mercury. Here's What It DidMarathon Fusion says it has converted mercury into stable gold using a process involving fusion neutrons. The company claims it surpassed CERN's 2025 record, but the amount produced has not been disclosed and the result has not been independently verified.