Bharti Airtel profit up 24% to 10,710cr

NEW DELHI: Bharti Airtel Thursday reported a profit of Rs 10,710 crore this Q2, up 24% from the same period last fiscal, thanks to strong revenue growth across its India and Africa businesses. The company reported an average revenue per user (ARPU) at Rs 271, up 5.8% from Rs 256 in last Q2. Its consolidated…

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At 12k cr, LIC profit rises 20% in Q2

MUMBAI: Life Insurance Corporation of India (LIC) reported a 20.1% year-on-year increase in net profit to Rs 12,076 crore in Q2 FY27 ended Sept 30, 2026, compared with Rs 10,053 crore in the corresponding quarter last year.Total premium income increased 11.6% to Rs 2,74,269 crore during H1 FY27. Individual new business premium income rose 14.9%…

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Rupee gains 16 paise – The Times of India

Rupee gains against US dollar MUMBAI: The rupee gained 16 paise to close at 94.48 against the dollar Thursday, its strongest level in two weeks and fifth consecutive session of gains, as foreign investor buying resumed and crude oil prices fell below $100 a barrel. Dealers attributed the improvement in inflows partly to portfolio reallocation,…

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SUVs drive up M&M Q2 net profit by 25%

NEW DELHI: Mahindra & Mahindra’s consolidated net profit rose 25% to Rs 4,588 crore in the Sept quarter, as strong growth in its automobile business offset a decline in farm earnings. Revenue increased 25% to Rs 57,553 crore.Mahindra’s auto business reported a 55% increase in consolidated profit to Rs 2,388 crore, with revenue rising 39%…

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Adani Ports to buy storage operator Evos for $2.9bn

NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire 100% of Netherlands-based Evos BV from Igneo Infrastructure Partners at an enterprise value of $2.9bn, marking a major expansion of its international operations and giving it a significant presence in Europe’s liquid storage and energy infrastructure market.The proposed all-cash transaction values Evos…

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