Bajaj Elec in the red with ₹67.5-cr Q4 loss on weak margins, exceptional items; declares dividend

Bajaj Elec in the red with ₹67.5-cr Q4 loss on weak margins, exceptional items; declares dividend

Bajaj Electricals on Friday, May 15, reported a consolidated net loss of ₹67.5 crore for the fourth quarter of FY26, compared with a profit of ₹59.1 crore a year earlier. Weaker operating performance and a sharp swing in exceptional items impacted the figure. Revenue from operations declined 2.1% year-on-year to ₹1,239.5 crore from ₹1,265.5 crore,…

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SEBI may ease borrowing rules to give mutual funds more flexibility in managing cash

SEBI eases InvIT rules, allows SPVs to retain status post concession expiry

The Securities and Exchange Board of India (SEBI) has amended rules governing Infrastructure Investment Trusts (InvITs), allowing special purpose vehicles (SPVs) to retain their SPV status even after the completion or termination of concession agreements, subject to certain conditions. Under the revised framework, investment managers will be required to either exit investments in such SPVs…

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Bharat Coking Coal shares in focus after weak Q4 results; Co reports revenue drop, operating loss

Coal India gets nod for Mahanadi Coalfields listing with up to 25% stake sale via IPO, OFS

The country’s largest coal producer, Coal India Ltd, on Friday (May 15), said the Alternative Mechanism (AM) has approved the proposal for the listing of Mahanadi Coalfields Ltd (MCL) through a combination of fresh equity issuance (IPO) and disinvestment by Coal India through an offer for sale (OFS). The proposal, processed by DIPAM and the…

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NCC bags ₹1,703-cr orders in April across buildings, electrical, transportation divisions

NCC Q4 net profit falls 19% as margins ease, revenue up 2%; declares ₹2.20 dividend

Infrastructure company NCC Ltd on Friday (May 15) reported an 18.8% year-on-year decline in consolidated net profit for the fourth quarter to ₹206 crore from ₹253.8 crore in the same period last year. Revenue for the quarter increased 1.7% year-on-year to ₹6,232.7 crore compared with ₹6,130.9 crore in the corresponding quarter of the previous year….

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Gland Pharma Q4 profit surges 2x on strong US launches, CDMO growth; declares ₹20 dividend

Gland Pharma Q4 profit surges 2x on strong US launches, CDMO growth; declares ₹20 dividend

Hyderabad-based drug firm Gland Pharma Ltd on Friday (May 15) reported a 96.6% year-on-year jump in consolidated net profit for the fourth quarter to ₹366.6 crore from ₹186.5 crore in the same period last year, supported by higher revenue and improved operating performance. Revenue for the quarter rose 22.3% year-on-year to ₹1,742.7 crore compared with…

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