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Unlisted company margins at a record high, gap remains with listed peers

Unlisted company margins at a record high, gap remains with listed peers

Profit margins haven’t been this high for the unlisted segment in over 30 years. The profit after tax as a percentage of total income by a sample of unlisted companies in FY25 hit a record high of 5.75 per cent, according to a Business Standard analysis of data from the Centre for Monitoring Indian Economy.

No deal but US steal: Congress dig at govt over Indo-US trade agreement

No deal but US steal: Congress dig at govt over Indo-US trade agreement

The Congress on Wednesday took a swipe at Prime Minister Narendra Modi over the India-US interim trade agreement, saying the deal is a steal by the "PM's good friend in Washington" and reflects an "abject failure" of our "political huglomacy" as well as economic diplomacy.

Maharashtra Dy CM Sunetra Pawar takes charge, attends cabinet meeting

Maharashtra Dy CM Sunetra Pawar takes charge, attends cabinet meeting

Maharashtra Deputy Chief Minister Sunetra Pawar on Tuesday assumed her ministerial duties at the state secretariat Mantralaya, 13 days after the death of her husband and Deputy CM Ajit Pawar.

She was accompanied by senior Nationalist Congress Party (NCP) leaders and her elder son Parth Pawar as she took her seat in the deputy CM's office, marking a poignant transition in the state's leadership.

ED to issue fresh summons to Tina Ambani in money laundering probe

ED to issue fresh summons to Tina Ambani in money laundering probe

The Enforcement Directorate is soon expected to issue fresh summons to Tina Ambani, wife of Reliance Group chairman Anil Ambani, for questioning in a money laundering case after she failed to depose on her scheduled date, officials said on Tuesday.

Tina, 68, a former actor, was asked to depose by the federal agency here on Monday but she did not do so.

I-PAC raids: SC adjourns ED plea against Mamata's 'interference' to Feb 18

I-PAC raids: SC adjourns ED plea against Mamata's 'interference' to Feb 18

The Supreme Court on Tuesday adjourned to February 18 the hearing on a plea moved by the ED alleging obstruction by the West Bengal government, including by Chief Minister Mamata Banerjee, in its search operation at the I-PAC office and the premises of its director in connection with an alleged coal pilferage scam.

Adani Enterprises in talks with US agency over bribery allegations

Adani Enterprises in talks with US agency over bribery allegations

India's Adani Enterprises said on ‍Tuesday ​it is talks with the US Office of Foreign Assets over allegations from a Wall Street Journal report ​published in June last year that said billionaire Gautam Adani was trying to get the US President Donald Trump administration to drop bribery charges against him.

ACME Solar secures 220 MW solar project with battery storage in MP

ACME Solar secures 220 MW solar project with battery storage in MP

ACME Solar Holdings on Tuesday said it has secured a 220 MW solar project with Battery Energy Storage System (BESS) from Rewa Ultra Mega Solar Ltd (RUMSL).

The project is part of a 440 MW tender floated by RUMSL for the Morena Solar Park in Madhya Pradesh, a company statement said.

BCCI annual contracts: Kohli, Rohit demoted to Grade B; A+ category removed

BCCI annual contracts: Kohli, Rohit demoted to Grade B; A+ category removed

The Board of Control for Cricket in India (BCCI) announced annual contract for 2025-26 season on Monday for men's and women's cricket teams.

Former India skippers Virat Kohli and Rohit Sharma downgraded to grade B in BCCI Annual Central contracts. Notably, Kohli and Rohit retired from Test cricket and T20 Internationals and only playing One-Day Internationals (ODI) for India.

Tata Motors PV starts manufacturing at new TN unit; Evoque first model

Tata Motors PV starts manufacturing at new TN unit; Evoque first model

Tata Motors Passenger Vehicles Ltd (TMPV), India’s leading manufacturer of cars and SUVs, and its subsidiary Jaguar Land Rover Automotive Plc (JLR), on Monday announced the commencement of operations at their ₹9,000-crore new manufacturing facility at Panapakkam in the Ranipet district of Tamil Nadu.

PM Modi announces $175 million special economic package for Seychelles

PM Modi announces $175 million special economic package for Seychelles

India on Monday announced $175 million as development assistance to Seychelles after Prime Minister Narendra Modi held wide-ranging talks with the island nation's President Patrick Herminie.

The two sides also agreed on a broad vision to expand cooperation in areas of sustainability, trade and economy and security.

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