IndusInd panel gets extension from RBI
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EU sanctions on Russia oil: Indian oil refiner Nayara Energy CEO Alessandro des Dorides resigns; Russia-backed refinery key fuel retailer
[ad_1] Russia-backed Indian oil refiner Nayara Energy has named Sergey Denisov as its new chief executive, following the resignation of CEO Alessandro des Dorides in the wake of European Union sanctions targeting the company, Reuters reported citing four sources.Denisov, a company veteran who has been with Nayara since 2017, was appointed to the top job…
Cipla Q1 results: Cipla Q1 profit rises 10% to Rs 1,298 crore; revenue grows to Rs 6,957 crore on India, Africa boost
[ad_1] Pharmaceutical major Cipla posted a 10% year-on-year increase in consolidated net profit at Rs 1,298 crore for the quarter ended June 30, 2025, aided by solid demand in domestic and select international markets. The company had reported a net profit of Rs 1,178 crore in the same period last year.Revenue from operations stood at…
Gold rate today: Yellow metal slips Rs 500 to Rs 99,120/10g in Delhi; global cues weigh, silver holds steady
[ad_1] Gold rate today: Gold prices fell for the second consecutive session on Friday, dropping Rs 500 to Rs 99,120 per 10 grams in Delhi’s bullion market amid easing global trade tensions and a decline in safe-haven demand, according to the All India Sarafa Association.The precious metal of 99.9% purity had settled at Rs 99,620…
US markets today: S&P 500 & Nasdaq hold near records as AI stocks shine, Intel tumbles, global markets eye trade talks
[ad_1] Wall Street edged higher on Friday, with the S&P 500 and Nasdaq Composite hovering near all-time highs, as investors braced for a packed week of corporate earnings, macroeconomic data and high-stakes trade deadlines.The S&P 500 rose 0.1% in early trade after closing at a record 6,363.35 in the previous session, marking its fourth weekly…
Grief, boardroom and the game of succession: Inside family feud tearing through Sona Comstar after Sunjay Kapur’s death
[ad_1] Image credit: Priya Sachdev Kapur’s Insta account In a high-stakes corporate drama riddled with grief, suspicion, and boardroom intrigue, Sona Comstar held its Annual General Meeting (AGM) on July 25 – brushing aside an emotional plea from Rani Kapur, mother of Sunjay Kapur, to delay the proceedings. What unfolded wasn’t just a shareholder meeting,…
Yali Capital closes Rs 893 cr deeptech fund, eyes 8 portfolio firms by year-end
[ad_1] BENGALURU: Bengaluru-based Yali Capital has closed its debut deep tech-focused fund at Rs 893 crore (about $104 million), exceeding its original Rs 500 crore target and Rs 310 crore greenshoe option. The Sebi-registered Category II AIF plans to deploy the fund across early-stage and late-stage investments in sectors such as semiconductors, AI, robotics, aerospace…
Etihad Airways fleet expansion: First Airbus A321LR to enter service Aug 1 on Abu Dhabi-Phuket route; Narrowbody jet features First Suites, wider reach
[ad_1] Etihad Airways on Friday announced the delivery of its first Airbus A321LR aircraft from a total order of 30 jets, marking a significant step in the airline’s expansion strategy. The aircraft will enter commercial service on August 1, 2025, with its inaugural route connecting Abu Dhabi to Phuket.Following its debut, the A321LR will gradually…
Currency watch: Rupee ends 12 paise lower at 86.52 as equities drop and crude rises; trade uncertainty, FIIs weigh
[ad_1] The rupee declined 12 paise to settle at 86.52 against the US dollar on Friday, dragged down by weak domestic equities, rising global crude oil prices, and sustained foreign fund outflows. The sharp slide in equity benchmarks and a stronger dollar overseas also pressured the local unit, forex traders said.At the interbank foreign exchange,…
Swiggy adds noon CEO Faraz Khalid to board as SoftBank, Accel step down
[ad_1] BENGALURU: Swiggy has appointed Faraz Khalid, CEO of MidEast ecommerce major noon, as an independent director to its board, while long-time investor nominees from Accel and SoftBank have exited their roles, marking a broader shift toward independent governance after the company’s 2024 IPO.Khalid’s appointment brings global ecommerce and quick-commerce expertise to Swiggy at a…