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SBI Reports 13.73% Consolidated Net Profit Increase in Q1FY27

SBI Q1FY27 Profit Surges 13.73% to ₹24,113 Cr

State Bank of India (SBI) reports a strong Q1FY27 with consolidated net profit up 13.73% to ₹24,113 crore and total income rising 7.83%.

A financial professional in silhouette stands before a large digital display showing currency exchange rates, including USD/INR.

Rupee Gains 3 Paise Against Dollar Ahead of US Payrolls Data

The Indian rupee edged up 3 paise to close at 95.19 against the US dollar, as markets await crucial US non-farm payrolls data for clues on Fed policy.

Texmaco Rail Shares Up 0.55% on Skoda Digital AI Rail Solutions MoU

Texmaco Rail Partners Skoda Digital for AI Rail Solutions

Texmaco Rail & Engineering shares rise on MoU with Skoda Digital to explore AI-based railway digitalization and advanced digital rail technologies.

A male trader in a blue shirt and tie looks intently at a screen displaying a rising stock chart. Other screens and traders are visible.

Asian Markets Mixed: US Data, Geopolitics Drive Trading

Asian markets closed mixed Friday, influenced by anticipation of US non-farm payrolls data and geopolitical caution regarding US-Iran relations.

A researcher in a lab coat and safety glasses adjusts a complex trapped-ion quantum computer with vacuum chambers and optics.

Tech Mahindra Powers India’s Quantum Computing Future

Tech Mahindra partners with I-HUB QTF to develop middleware for India’s indigenous trapped-ion quantum computers, aiming for December 2026 completion.

Hindalco, Paras Defence, Batliboi Report Q1 FY27 Earnings

Hindalco, Paras Defence, Batliboi Q1 FY27 Earnings Revealed

Hindalco, Paras Defence & Space, and Batliboi release Q1 FY27 earnings. Discover key financial highlights, including PAT, sales growth, and operating profit.

A large marine vessel with a crane next to an offshore Well Head Platform in the open sea.

L&T Energy Hydrocarbon Wins Major ONGC Offshore Projects

L&T Energy Hydrocarbon Offshore (LTEH Offshore) secures significant ONGC orders for west coast pipeline and well head platform projects, valued between Rs 5,000-10,000 crore.

Molbio Diagnostics to Raise Up to Rs 950.03 Crore in IPO

Molbio Diagnostics IPO: Rs 950 Cr Issue Opens Aug 10

Molbio Diagnostics launches a Rs 950.03 crore IPO on August 10, 2026. Explore IPO details, price band, and investor allocation for this diagnostics company.

Indian Markets Extend Losses Amid Crude Surge and FII Outflows

Indian Markets Fall: Crude Oil Surge & FII Outflows Hit Stocks

Indian stock markets extend losses as Brent crude prices surge past $82/barrel and FIIs continue net selling, impacting Sensex and Nifty.

J Kumar Infraprojects Surges on Rs 990.16 Crore Stadium Contract

J Kumar Infraprojects Wins Rs 990 Cr Cricket Stadium Contract

J Kumar Infraprojects shares surge 1.85% after securing a Rs 990.16 crore Letter of Acceptance from Karnataka Housing Board for a new international cricket stadium.

State Bank of India's Q1 FY27 Profit Climbs Amidst Revenue Growth

SBI Q1 FY27 Profit Surges 10% to Rs 211 Billion on Revenue Growth

State Bank of India (SBI) reports a strong Q1 FY27 with net profit up 10.23% to Rs 211,212.20 million, driven by robust revenue growth of 8.54%.

Bond Yields Climb as Rising Crude Prices Dampen Demand on Friday

Bond Yields Rise on Higher Crude Oil Prices

Indian bond yields climbed Friday, with the 10-year G-Sec at 6.78% as surging crude oil prices impacted market demand. Five-year rates also rose.

Interior of Flurys cafe with patrons seated at tables, a display case with pastries, and archival photographs on walls.

Flurys Opens First Gurugram Cafe: Sweet Expansion in North India

Iconic bakery Flurys launches its first standalone 24/7 cafe in Gurugram’s Galleria Market, marking a significant expansion into North India.

Panasonic Energy Ind. Profits Soar as Q1 2026 Sees Mixed Corporate Results

Panasonic Energy Q1 Profit Doubles Amid Mixed Corporate Results

Panasonic Energy Ind. reports a nearly 98% surge in Q1 2026 profit to Rs. 16.57 million, outperforming mixed financial results from other corporations.

An aerial view of a thermal power plant with three large cooling towers emitting steam, a tall smokestack, and industrial buildings.

JSW Energy Acquires MCCPL, Capacity Hits 14.8 GW

JSW Energy completes 100% acquisition of Maruti Clean Coal and Power (MCCPL), boosting its total operating capacity to 14.8 GW with a 300 MW thermal project.

Surana Tele & Power Posts 206.07% Net Profit Surge in June 2026 Quarter

Surana Tele & Power Profit Soars 206% in Q1 FY27

Surana Tele & Power reports a remarkable 206.07% net profit increase to Rs 83.22 million in Q1 FY27, despite a 34.52% drop in sales. Discover the financial highlights.

A person holds a smartphone scanning a QR code on a payment terminal. Another hand holds an EazyDiner IndusInd Bank Platinum Credit Card.

IndusInd Bank & EazyDiner Launch RuPay Credit Card with UPI

IndusInd Bank and EazyDiner unveil a new RuPay Platinum Credit Card with UPI integration, offering significant annual savings on dining, movies, and more.

GK Energy Reports 61.55% Profit Surge in June 2026 Quarter

GK Energy Profit Soars 61.55% in June 2026 Quarter

GK Energy reports a remarkable 61.55% profit increase to Rs. 596.73 million in the June 2026 quarter, driven by a 71.10% rise in turnover.

A rural worker feeds agricultural residue into a CBG processing unit, with fields and homes in the background.

GOBARdhan Scheme: Rs 23,731 Cr Boost for Bioenergy in India

India’s Cabinet approves Rs 23,731 Cr GOBARdhan scheme to boost Compressed Biogas (CBG) production tenfold, fostering a circular bioeconomy and attracting investment.

Britannia Industries Records 13.56% Consolidated Net Profit Rise in Q1FY27

Britannia Q1FY27 Profit Jumps 13.56% to Rs 591 Cr

Britannia Industries reports a strong Q1FY27 with consolidated net profit up 13.56% to Rs 591.35 crore and total income rising 8.17% to Rs 5,061.38 crore.

A silver electric van is charging at a station, with a large array of solar panels in the background.

Waaree Energies Ventures into Clean Mobility Solutions

Waaree Energies expands into the green mobility sector with its new subsidiary, WH Clean Mobility Systems, focusing on clean fuels and advanced battery technologies.

APM Industries Posts Rs 44.40 Mln Profit in June 2026 Quarter

APM Industries Reports Rs 44.4M Profit in June 2026 Quarter

APM Industries achieves a significant turnaround, posting Rs 44.40 million in profit for the June 2026 quarter, driven by strong operational efficiency.

Indian Rupee Weakens 3 Paise Against Dollar Amid Strong US Currency

Indian Rupee Weakens Against US Dollar

The Indian Rupee depreciated by 3 paise against the US Dollar to 95.25, influenced by a strong USD and rising Brent crude prices. Market eyes US payrolls data.

An Indian fuel attendant fills a white car with E20 fuel at a busy station. A petroleum tanker is in the background.

India Rejects US Ethanol Imports: Domestic Policy Drives Fuel Blending

India confirms no commitment to US ethanol imports for fuel blending, emphasizing its domestic policy governs the Ethanol Blended with Petrol Programme.

August Currency Futures Strengthen as OI Jumps 9.84%, Rupee Dips

August Currency Futures Rise, Rupee Weakens Amidst OI Surge

August currency futures strengthen with a 9.84% OI jump, while the partially convertible rupee weakens against the dollar to 95.23.

Indian Equities Slide: Financials and Crude Drive Morning Losses

Indian Stocks Dip: Financials, Crude Oil Drive Morning Losses

Indian equity markets face morning losses, dragged down by weak financial stocks and rising crude oil prices. FII outflows add to market pressure.

A wide shot of a data center aisle with towering server racks receding into the background, illuminated by cool LED lighting.

Bharti Airtel’s Nxtra Data Expands Data Centre Footprint

Bharti Airtel’s Nxtra Data is acquiring up to 85% stakes in Rochak Systems and Rovision Tech Hub, significantly expanding its data centre business and digital infrastructure.

LIC Reports 24% Consolidated Profit Jump in Q1FY27, Shares Gain

LIC Profit Surges 24% in Q1FY27; Shares Rise

Life Insurance Corporation of India (LIC) reports a 23.98% consolidated net profit increase to Rs 13,584.25 crore in Q1FY27, with shares trading up 1.34% on the BSE.

Hero MotoCorp Q1 Profit Dips 17% Amid Income Surge; TVS Expands in Kenya

Hero MotoCorp Profit Dips, TVS Expands in Kenya

Hero MotoCorp’s Q1FY27 profit declines 17% despite income surge. TVS Motor expands into Kenya with iQube launch. Market insights.

Primary Steelmakers to Sustain Rs 10,500-11,000/T Profitability in FY27: Crisil

Steel Profitability to Hold Strong: Crisil Forecasts Rs 11,000/T Profit

Crisil Ratings predicts primary steelmakers will maintain Rs 10,500-11,000/T operating profit in FY27, driven by strong demand and steel prices despite rising input costs.