Business

ICICI Prudential Life has witnessed significant shifts in business strategy, product mix, and financial reporting over the past three years.

On Wednesday, April 15 banks are scheduled to be closed in regions such as Agartala, Guwahati, Itanagar, Kochi, Thiruvananthapuram, Kolkata and Shimla for Bengali New Year's Day (Nababarsha), Bohag Bihu, Vishu and Himachal Day.

HDFC Securities highlighted Vishal Mega Mart's balanced mix across apparel, FMCG and general merchandise, with private labels contributing nearly three-fourths of revenue, supporting margins and value pricing.

Reacting to the unfortunate accident inSinghitarai plant, Agarwal offered support and condolences to the victim, stating that no stones will be left unturned in finding the cause of the accident.

The comment comes in the backdrop of charges of sexual harassment and allegations of forced religious conversion levelled by eight female employees at TCS' office in Nashik - an incident that has drawn sharp scrutiny and raised serious concerns.

While Mumbai is already connected to the national grid, the HVDC link enhances this connectivity by enabling more controlled, efficient, and higher-capacity power flows, particularly for renewable energy integration.

Domestic institutional investors raised their stake to a record 23.1% in the March quarter, up 2.8 percentage points sequentially and 9.1 percentage points from a year earlier, according to regulatory filings.

For the full fiscal 2026, Sify's losses widened to Rs 135.5 crore compared to Rs 78.5 crore.

The ratings upgrade follows completion of the transaction after receipt of necessary regulatory approvals.

The Danish drugmaker didn't disclose financial terms of the partnership announced Tuesday, which adds to Novo's existing AI efforts that include a research-focused deal announced last year with Nvidia Corp.

The occupancy on Day 27 remained in the low-to-mid range at around 15-16%. Morning shows recorded nearly 15.69% occupancy, reflecting a steady but expected weekday slowdown.

The BMC's new portal enables secure, transparent, and faster digital trading of Transferable Development Rights between buyers and sellers.

Transport vehicles found with an overload between 10% and 40% will be required to pay twice the base toll rate.

Petrol losses hit Rs 18 and diesel Rs 35 per litre. State-owned firms are losing Rs 1,600 crore daily as retail rates remain unchanged since April 2022.

SIAM data shows broad-based growth as two-wheelers and three-wheelers post double-digit gains despite ongoing geopolitical volatility in the Middle East.

The EU aims to push domestic capacity utilisation to 80%. Tata Steel's Dutch business is expected to benefit, while its India unit remains insulated by strong local demand.

The brokerage expects Paytm's core Ebitda and profit to grow nearly fourfold between FY26 and FY28, with margins expanding to around 17%.

When a product fails in the South, few FMCG majors would ever go ahead with it, industry experts say.

The brokerage remains positive on the two-wheeler major, citing healthy demand trends, improving market share in scooters and motorcycles, and a sharp recovery in exports, even as rising input costs pose near-term margin risks.

Reiterating the group's stance, he emphasised that the Tata Group maintains a zero-tolerance policy towards any form of coercion or misconduct.