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BUSINESS

MOIL reports 70 per cent jump in net profit in Q1 FY 2026-27
NATIONAL

MOIL reports 70 per cent jump in net profit in Q1 FY 2026-27

New Delhi, July 29 — Public sector manganese ore major MOIL on Wednesday reported a 70 per cent increase in net profit to Rs 87.62 crore for the first quarter of the current financial year compared to the corresponding figure of Rs 51.51 crore for the same quarter of the previous financial year.The…

Vedanta Power slips into Rs 423-crore loss in Q1
BUSINESS

Vedanta Power slips into Rs 423-crore loss in Q1

Mumbai, July 29 — Vedanta Power Limited on Wednesday reported a consolidated net loss of Rs 423 crore for the first quarter of FY27, weighed down by a sharp rise in exceptional losses.The company's consolidated revenue from operations stood at Rs 2,595 crore in the quarter ended June 30, 2026,…

US-based firm Marvell Technology to invest $250 million in India
BUSINESS

US-based firm Marvell Technology to invest $250 million in India

Bangalore, July 29 — Marvell Technology on Wednesday announced plans to invest $250 million in India over the next three years to expand its research and development capabilities, engineering talent and infrastructure, reinforcing the country's growing role in the global semiconductor industry.The…

7.97 lakh ‘Sarathis’ join govt’s Bharat Taxi initiative
NATIONAL

7.97 lakh ‘Sarathis’ join govt’s Bharat Taxi initiative

New Delhi, July 29 — The government on Wednesday said the total number of driver-partners (Sarathis) onboarded nationwide under the Bharat Taxi initiative stands at 7.97 lakh (as on July 19).The platform presently has 2.55 lakh Sarathis in the Delhi-NCR region, 1.01 lakh in Gujarat and 71,095 in…