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BUSINESS

Govt launches India's first sovereign-backed maritime P&I insurance
BUSINESS

Govt launches India's first sovereign-backed maritime P&I insurance

New Delhi, July 30 — The Department of Financial Services (DFS) on Thursday launched India's first sovereign-backed Protection and Indemnity (P&I) insurance product under the Bharat Maritime Insurance Pool (BMIP), a move aimed at strengthening the country's maritime risk management framework,…

Swiggy clocks Rs 791 crore net loss in Q1
BUSINESS

Swiggy clocks Rs 791 crore net loss in Q1

Mumbai, July 30 — Swiggy Limited on Thursday posted a consolidated net loss of Rs 791 crore for the quarter ended June 30 (Q1 FY27) as the company continued to expand its user base and dark-store network.The firm reported a loss of Rs 1,197 crore in the corresponding period last financial year (Q1…

Hyundai Motor India Q1 profit drops 35 pc amid higher costs
BUSINESS

Hyundai Motor India Q1 profit drops 35 pc amid higher costs

Mumbai, July 30 — Hyundai Motor India Limited on Thursday reported a 35 per cent year-on-year (YoY) decline in consolidated net profit for the June quarter (Q1) of FY27.The carmaker posted a net profit of Rs 889 crore for the first quarter ended June 30 (Q1 FY27), down from Rs 1,369 crore in the…

ICRA Limited's Q1 revenue slips 6.6 pc sequentially; PAT rises 32 pc
BUSINESS

ICRA Limited's Q1 revenue slips 6.6 pc sequentially; PAT rises 32 pc

Mumbai, July 30 — ICRA Limited on Thursday reported a 6.57 per cent sequential decline in consolidated revenue from operations for the June quarter (Q1 FY27) to Rs 163.4 crore in the June quarter of FY27 from Rs 174.85 crore in the preceding quarter (Q4 FY26).However, on a year-on-year (YoY) basis,…

E20 fuel rollout based on scientific validation: Suresh Gopi
NATIONAL

E20 fuel rollout based on scientific validation: Suresh Gopi

New Delhi, July 30 — The government informed Parliament on Thursday that the Ethanol Blended Petrol (EBP) Programme has been implemented through a phased, scientifically validated and consultative process involving NITI Aayog, automobile manufacturers, oil marketing companies (OMCs), Automotive…