Pieter Elbers, who stepped down as Chief Executive Officer of InterGlobe Aviation on March 10, 2026, took home a remuneration of ₹69.5 crore in FY26, with stock options accounting for nearly 61% or ₹43 crore of the total. His annual salary stood at ₹14 crore, taking his total compensation sharply higher from nearly ₹43 crore…
The government has extended the additional charge of the post of Chairman and Managing Director (CMD) of Cochin Shipyard Ltd held by Jose V J, Director (Finance), for a further period of seven months with effect from August 1, 2026, the company said in an exchange filing. The extension was approved by the Appointments Committee…
As IndiGo prepares for its next phase of growth, the airline is looking beyond carrying Indian travellers overseas. Its longer-term ambition is to make India a transit hub connecting passengers from around the world. But what does that mean, and can India realistically compete with established aviation hubs such as Dubai, Singapore and Doha? For…
Zerodha founder and CEO Nithin Kamath has flagged the rapid growth in margin trading as the biggest risk facing the brokerage, warning that a sharp correction in Indian equities could trigger forced selling, particularly in small- and mid-cap stocks. Drawing parallels with the recent turmoil in South Korea’s stock market, Kamath said his “biggest nightmare…
From Dabur India, TeamLease and others reporting their Q1 numbers to Hind Rectifiers securing its first order from the United States for traction moto…Read More 1/11 MTAR Technologies | The firm reported a net profit of ₹50.2 crore for Q1FY27, compared with ₹10.8 crore a year earlier. Its revenue more than doubled to ₹360 crore…
Power and railway equipment producer Hirect Ltd(Formerly known as Hind Rectifiers Ltd) on Wednesday (July 29) announced that it has secured its first order from the United States for traction motor assemblies, marking the company’s initial entry into the US market. The order is scheduled for delivery during FY27, the company said in an exchange…
Foreign institutional investors remained net buyers of Indian equities on Wednesday, purchasing shares worth ₹2,981.87 crore on a provisional basis. Domestic institutional investors (DIIs) also extended their buying streak, with provisional net purchases of ₹998.02 crore during the session. According to exchange data, FIIs bought equities worth ₹17,358.31 crore and sold shares worth ₹14,376.44 crore,…
Real estate developer Prestige Estates Projects Ltd on Wednesday (July 29) reported a consolidated net profit of ₹235.9 crore for the first quarter of FY27, compared with ₹292.5 crore in the corresponding quarter last year, registering a 19.4% year-on-year decline. Revenue from operations increased 15.9% year-on-year to ₹2,675.1 crore during the quarter from ₹2,307.3 crore…
Business hospitality company Chalet Hotels Ltd on Wednesday (July 29) reported a consolidated net profit of ₹86 crore for the first quarter of FY27, compared with ₹203 crore in the corresponding quarter last year, registering a 57.6% year-on-year decline. Revenue stood at ₹512.2 crore during the quarter, compared with ₹894.5 crore in the year-ago period,…
Piramal Pharma reported a narrower net loss for the first quarter of FY27, aided by strong revenue growth and a sharp improvement in operating performance across its businesses. The company posted a consolidated net loss of ₹69.39 crore for the quarter, compared with a loss of ₹81.7 crore in the same period last year. Revenue…
