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Business

BEML Q1 revenue rises 29%, loss narrows as EBITDA turns positive

Defence public sector undertaking BEML Limited reported a 29 per cent year-on-year rise in revenue from operations in the first quarter of FY27, while its net loss narrowed sharply and operating earnings…

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Business August 7, 2026 · 5:48 pm

SBI Chairman rules out asset quality stress in Q1, says seasonality distorts sequential NPAs

State Bank of India (SBI) Chairman CS Setty dismissed concerns over sequential asset quality pressure and slowing private capex, clarifying that first-quarter…

Business August 7, 2026 · 5:37 pm

SK hynix commits USD 39.42 billion to expand AI memory chip fabs

South Korean semiconductor manufacturer SK hynix Inc. has decided to invest approximately 54 trillion won (USD 39.42 billion) to construct new fabrication…

Business August 7, 2026 · 5:37 pm

Google Pay not focusing on cross-border payments now, prioritising faster, safer domestic transactions

Google Pay is currently not focusing on cross-border payments and remittances and is instead putting significant emphasis on making domestic digital payments…

Business August 7, 2026 · 5:36 pm

Life insurers’ new business premium rises 21% in July, but retail growth remains mixed

India's life insurers recorded a nearly 21 per cent year-on-year rise in new business premium to Rs 47,004.84 crore in July 2026…

Business August 7, 2026 · 5:35 pm

Lok Sabha clears tax exemption for foreign investors in government bonds

Foreign investors in Indian government bonds will get an income-tax exemption on interest earnings and capital gains under the Taxation and Other…

Business August 7, 2026 · 5:31 pm

AdGlobal360 & Madhav Sheth (In his personal capacity) Reach Amicable Resolution on behalf of Honortech Universal Pvt. Ltd

New Delhi [India], August 7: AdGlobal360 India Private Limited and Mr. Madhav Sheth, CEO, Ai+ Smartphone, have amicably resolved a commercial matter…