Indian Energy Exchange Ltd (IEX) on Thursday (April 23) reported a 10.8% rise in consolidated net profit at ₹129.8 crore in the fourth quarter, compared with ₹117 crore in the same period last year. The consolidated revenue increased 22.5% year-on-year to ₹174.3 crore from ₹142.2 crore. The consolidated EBITDA rose 23.1% to ₹149.4 crore versus…
Non-banking financial company Tata Capital Ltd on Thursday, April 23, reported an 80.5% year-on-year increase in net profit to ₹1,182 crore from ₹654.79 crore in the corresponding period last year. Tata Capital reported that in Q4FY26, excluding motor finance, assets under management grew 28% year-on-year to ₹2,51,885 crore as on March 31, 2026, from ₹1,96,942…
Adani Energy Solutions Ltd on Thursday (April 23) reported a 5.7% rise in consolidated net profit at ₹683.8 crore for the fourth quarter, compared with ₹647.2 crore in the same period last year. Revenue increased 16.8% year-on-year to ₹7,443 crore from ₹6,374.6 crore. EBITDA declined 4.7% to ₹2,145 crore versus ₹2,251 crore in the corresponding…
The market’s downward correction extended into a second straight session on Thursday, with the Nifty 50 closing 205 points lower at 24,173. The index opened with a sharp gap-down of 176 points and staged a brief recovery of over 100 points in the first hour. However, it lost momentum after 10:15 am and remained under…
Reliance Enterprise Intelligence Ltd has appointed Parminder Singh as its chief executive officer, according to a statement from Reliance Industries. REIL, a joint venture between Reliance Industries and Meta Platforms, was incorporated in India on October 24, 2025, and focuses on developing, marketing and distributing sovereign AI solutions for Indian enterprises. The venture aims to…
Wall Street ended lower on Thursday, retreating from record levels as a selloff in software stocks and a sharp rise in oil prices weighed on investor sentiment amid lingering uncertainty over the Iran conflict. The S&P 500 slipped 0.4% after earlier hitting a fresh intraday high, while the tech-heavy Nasdaq Composite declined 0.9%, also pulling…
Telecom passive infrastructure solutions provider Pace Digitek Ltd on Thursday (April 23) said it has entered into an Original Equipment Manufacturer (OEM) exclusivity agreement with NEC XON Systems Proprietary Ltd to market, distribute and sell its products across select African markets. The agreement grants NEC XON exclusive rights for the company’s products, including Battery Energy…
Gujarat Gas Ltd (GGL) on Thursday (April 23) said it is supporting the revival of the ceramic industry in Morbi by ensuring uninterrupted gas supply and price stability amid recent geopolitical disruptions. Gujarat Gas is the authorised supplier of Piped Natural Gas (PNG) in Morbi. “Over the years, GGL has developed a comprehensive gas distribution…
Equitas Small Finance Bank said on Thursday, April 23 that the Reserve Bank of India has approved the re-appointment of Vasudevan P N as its Managing Director and Chief Executive Officer. As per the exchange filing, company added that the approval, received on April 23, 2026, grants a fresh term of three years, effective from…
Balrampur Chini Mills Ltd said on Thursday (April 23) that it has approved the establishment of a lactogypsum processing plant at Kumbhi in Uttar Pradesh, with an estimated project cost of up to ₹160 crore. The proposed facility will have an installed capacity of around 76 lakh gypsum boards per annum and will utilise Lactogypsum…
