New Delhi, July 28: Digital payments and fintech company Pine Labs reported a 67% sequential decline in its first-quarter net profit, reflecting pressure on earnings during the period. The company’s financial performance was impacted by various business factors, even as it continued to expand its merchant payments ecosystem and strengthen…
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India’s Export Growth Gains Momentum as FTAs Open New Global Markets
New Delhi, July 28: India’s trade performance recorded strong growth in FY26, with Free Trade Agreements (FTAs) helping exporters access new international markets and expand business opportunities. The government said improved market access through trade partnerships has supported Indian industries and strengthened the country’s position in global commerce. FTAs have…
Continue ReadingNPPA Sets Prices for 3,845 Medicines, Strengthening Affordable Healthcare Access
New Delhi, July 28: The National Pharmaceutical Pricing Authority (NPPA) has fixed the retail prices of 3,845 new medicines, a move aimed at improving transparency and ensuring greater affordability for patients. The government said the price regulation initiative is part of ongoing efforts to make essential medicines more accessible while…
Continue ReadingAir India Express Waives Cargo Charges for Assam Flood Relief Materials
July 28: Air India Express has announced the waiver of cargo charges for the transportation of relief material to Assam in support of the ongoing humanitarian response to the floods that have affected several parts of the state. The initiative aims to facilitate the movement of essential relief supplies by registered non-governmental organisations and recognised relief agencies working to support flood-affected communities. Eligible consignments may…
Continue ReadingSuzlon begins FY27 strong with 23 percentage YoY revenue growth and highest-ever Q1 deliveries
Chennai, July 28: Suzlon Group, India’s renewable energy provider, announced its first quarter results. Girish Tanti, Vice Chairman, Suzlon Group, said, “Suzlon is stronger than ever, and we’re leveraging this to invest in our future. Suzlon 2.0 is underway as we build 4 strategic growth engines with wind lead RE…
Continue ReadingPine Labs Reports Strong Revenue Growth and 4X Rise in PAT; Deploys Next-Generation Commerce Architecture on India’s Rails
Gurugram, July 28: Our revenue grew 20 percentage YoY to INR 737 Cr with Profit After Tax increasing 4X to INR 20 Cr from INR 5 Cr in Q1 FY26. Profit Before Tax grew to INR 38 Cr from a loss of INR 5 Cr in the same quarter last year. Contribution Margin held strong at 72.3 percentage . Adjusted EBITDA…
Continue ReadingAurionpro Reports Q1 Revenue of INR 358 Crore; Adds 23 New Customer Logos Amid Continued Deal Momentum
Mumbai, July 28: Aurionpro Solutions Limited, a global enterprise technology leader pioneering intuitive-tech through domain led IPs and scalable products, announced its unaudited financial results for the first quarter ended 30thJune, 2026. Results Highlights: Q1 FY27: · Revenue for the quarter stood at Rs. 358 Cr, a growth of 6.3% on a YoY basis. Banking and Fintech segment reported a growth…
Continue ReadingIndia’s Industrial Output Grows 7.3 pc in June, Manufacturing Drives Expansion
New Delhi, July 28: India’s industrial sector recorded strong growth in June, with overall output rising 7.3%, supported by better performance in manufacturing, electricity, and gas sectors. The growth reflects continued momentum in industrial activity and highlights the resilience of India’s economy amid changing global conditions. The manufacturing sector remained…
Continue ReadingSensex, Nifty Slip as Weak Asian Markets Weigh on Sentiment
Mumbai, July 28: Indian benchmark indices ended the trading session slightly lower as weakness across Asian markets affected investor sentiment and led to cautious activity in domestic equities. The Sensex and Nifty witnessed a subdued session, with investors tracking global market movements and assessing economic developments. Market experts said profit…
Continue ReadingSundaram Finance Revises Interest Rate on Three-Year Fixed Deposits
Chennai, July 28, 2026: Sundaram Finance Limited has announced an increase in the interest rate on its three-year fixed deposit scheme, effective August 1, 2026, reinforcing its commitment to offering attractive returns to its customers. Under the revised rates, the interest rate for the general public on three-year fixed deposits has been increased by 25…
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