Adani Power reported a 134 per cent year-on-year rise in consolidated net profit attributable to equity holders of the parent to ₹6,919 crore in the second quarter of FY27, supported by higher power sales, improved tariff realisations and one-time revenue recognition from previous periods.
https://mrf.lu/2v7dS
https://mrf.lu/2v7dS
BusinessLine
Adani Power net profit Q2 FY27 jumps 134% to ₹6,919 crore
Adani Power posts 134% quarterly profit surge to Rs 6,919 cr, with 44% revenue rise on higher sales, tariff gains, and prior-period revenue recognition.
The under recovery in liquefied petroleum gas (LPG) has risen by almost 34 per cent on a monthly basis to ₹327 per 14.2 kg domestic cylinder.
Read on for further details...
https://mrf.lu/2v768
Read on for further details...
https://mrf.lu/2v768
BusinessLine
LPG under recovery rises to ₹327/cylinder in November: HPCL
LPG under-recovery at ₹327/cylinder in November; HPCL reports rising losses, debt refinances, and freight-linked costs in FY27.
The Godrej Foundation, an independent philanthropic trust, on Friday said it has signed an agreement with the Maharashtra government and Samagra Development Foundation, launching a two-year partnership to support comprehensive human resource reforms across the State.
https://mrf.lu/2v74w
https://mrf.lu/2v74w
BusinessLine
Godrej Foundation inks pact with Maha govt to strengthen HR systems
Godrej Foundation partners with Maharashtra government and Samagra to overhaul state HR systems through a two-year reform initiative.
India's state-run Hindustan Petroleum Corp is increasingly buying Middle Eastern crude on a delivered basis, as producers with stranded cargoes offer discounts to offset higher freight costs, its chair said on Friday.
https://mrf.lu/2v-gx
https://mrf.lu/2v-gx
BusinessLine
HPCL is increasingly buying Middle Eastern crude on a delivered basis due to freight discounts
HPCL shifts to delivered oil, using discounts from Middle East cargoes as freight costs spike amid Hormuz tensions.
Mana Estates projects ₹3,000 crore sales this fiscal, 10 mn sq ft pipeline in two years
https://mrf.lu/2HNHT
https://mrf.lu/2HNHT
BusinessLine
Mana Estates projects ₹3,000 crore sales this fiscal, 10 mn sq ft pipeline in two years
India is regulating satellite broadband as rural policy. The physics makes it a premium product. Clearances cannot change arithmetic
https://mrf.lu/2H225
https://mrf.lu/2H225
BusinessLine
Limits of satellite internet plan
India is regulating satellite broadband as rural policy. The physics makes it a premium product. Clearances cannot change arithmetic
OpenAI restarts frontier AI training with tighter security and no internet access amid rising concerns over model exploits.
https://mrf.lu/2H2Xb
https://mrf.lu/2H2Xb
BusinessLine
OpenAI resumes reinforcement learning training and internal use of its most advanced AI solutions
OpenAI restarts frontier AI training with tighter security and no internet access amid rising concerns over model exploits.
Why is India committing Rs 1.86 lakh crore to its power grid now? The Green Energy Corridor Phase III brings 51,000 circuit km of transmission lines, battery storage for the first time and Rs 54,082 crore in central assistance that states must compete for. M. Ramesh explains what changes on the latest episode of Green Shift.
Watch the full episode here: https://mrf.lu/2HGsl
Watch the full episode here: https://mrf.lu/2HGsl
India-Germany R&D collaboration could unlock co-innovation, manufacturing, and growth via expanded trade and India-EU FTA opportunities.
https://mrf.lu/2HGCc
https://mrf.lu/2HGCc
BusinessLine
India-Germany R&D partnership can boost joint innovation, manufacturing: Piyush Goyal
India-Germany R&D collaboration could unlock co-innovation, manufacturing, and growth via expanded trade and India-EU FTA opportunities.
Boeing’s 777 freighter production halted for nearly two months due to a price dispute with a Florida supplier, with plans to bring the part in-house.
https://mrf.lu/2HGWK
https://mrf.lu/2HGWK
BusinessLine
Boeing’s dispute with a small Florida-based supplier has halted production of its 777 freighter for nearly two months
Boeing’s 777 freighter production halted for nearly two months due to a price dispute with a Florida supplier, with plans to bring the part in-house.
🔴Q2 Results Today Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria Ceramics, Bharat Coking Coal to announce Q2 results
https://mrf.lu/2HTD8
https://mrf.lu/2HTD8
BusinessLine
Q2 Results 24th Oct Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria…
Q2 Results Today Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria Ceramics, Bharat Coking Coal to announce Q2 results
🔴Q2 Results Today Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria Ceramics, Bharat Coking Coal
https://mrf.lu/2HcY6
https://mrf.lu/2HcY6
BusinessLine
Q2 Results 24th Oct Live: Kotak Mahindra Bank, AU Small Finance Bank, JK Cement log gains, BPCL profit falls, IDFC First Bank,…
Q2 Results Today Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria Ceramics, Bharat Coking Coal to announce Q2 results
Newer Indian mutual funds outperform giants in volatile markets, challenging size-linked investing while showing Davids delivering notable one-year gains.
https://mrf.lu/2HLK5
https://mrf.lu/2HLK5
BusinessLine
MF Davids give Goliaths a run for their money
Newer Indian mutual funds outperform giants in volatile markets, challenging size-linked investing while showing Davids delivering notable one-year gains.
APSDMA warns Andhra Pradesh of a depression in the Bay of Bengal intensifying into a severe cyclonic storm by Oct 27, potentially reaching very severe levels by Oct 28.
https://mrf.lu/2HDzZ
https://mrf.lu/2HDzZ
BusinessLine
Andhra on alert as depression over Bay of Bengal likely to intensify into severe cyclonic storm
APSDMA warns Andhra Pradesh of a depression in the Bay of Bengal intensifying into a severe cyclonic storm by Oct 27, potentially reaching very severe levels by Oct 28.
The development comes amid heightened security concerns in the region, with attacks targeting civilian and critical infrastructure in Saudi Arabia.
https://mrf.lu/2HD48
https://mrf.lu/2HD48
BusinessLine
US updates UAE travel advisory citing heightened threat of ‘terrorism and armed conflict’ by Iranian-supported Houthis
The development comes amid heightened security concerns in the region, with attacks targeting civilian and critical infrastructure in Saudi Arabia.
Global beauty major L’Oreal said it is witnessing a “great turnaround” in the India market, where growth has further accelerated driven by haircare and skincare. It is also sharpening its focus on the online channel including quick commerce.
https://mrf.lu/2Hj7W
https://mrf.lu/2Hj7W
BusinessLine
L’Oreal sees ‘great turnaround’ in India market, ramps up focus on quick commerce
Global beauty major L’Oreal said it is witnessing a “great turnaround” in the India market, where growth has further accelerated driven by haircare and skincare. It is also sharpening its focus on the online channel including quick commerce.
Air India Express and IndiGo are shifting domestic and international flights from Mumbai to Navi Mumbai Airport, with a major focus on West Asia, transferring around 3 million passengers annually, reports Aneesh Phadnis (@aneeshp)
https://mrf.lu/2HdZw
https://mrf.lu/2HdZw
BusinessLine
AI Express, IndiGo to move West Asia flights from Mumbai to Navi Mumbai
Air India Express and IndiGo are shifting domestic and international flights from Mumbai to Navi Mumbai Airport, with a major focus on West Asia, transferring around 3 million passengers annually
Modi highlighted the significance of the RBI’s Data Centre and Cybersecurity Training Institute in strengthening India’s digital financial infrastructure and advancing its technological self-reliance
https://mrf.lu/2H0z0
https://mrf.lu/2H0z0
BusinessLine
Secure banking system needs secure digital infrastructure, says PM Modi
Modi highlighted the significance of the RBI’s Data Centre and Cybersecurity Training Institute in strengthening India’s digital financial infrastructure and advancing its technological self-reliance
Adam Bartosiewicz, Vice-president, WB Group, who was part of a delegation which accompanied Poland Prime Minister Donald Trust during his visit to New Delhi from last week, exclusively spoke to businessline pitching that different classes of Ukraine-Russia battle hardened drones that his company produces could give New Delhi a crucial shortcut to ultimate combat readiness.
✍️ Dalip Singh
https://mrf.lu/2H0rW
✍️ Dalip Singh
https://mrf.lu/2H0rW
BusinessLine
From 40% to fully Indian: WB Group VP on transfer of technology for Ukraine-Russia tested drones
WB Group VP touts transferring drone tech to India, aiming 40-60% ToT, building India into a drone champion with Ukraine-Russia war insights.