Company News
ixigo Q1 net profit rises 28% to ₹19 crore, revenue up 73% at ₹314 crore
Driven by higher train and bus ticket bookings, ixigo posted strong Q1 earnings, while its AI agent TARA now handles over 60 per cent of voice calls on its platform
 "ixigo Q1 net profit rises 28% to ₹19 crore, revenue up 73% at ₹314 crore")
PhysicsWallah appoints first chief marketing officer ahead of IPO
Satish Sharma joins as CMO with 20 years of experience as PhysicsWallah prepares for IPO; he will lead marketing strategy and brand positioning amid expansion efforts
Tech Mahindra Q1 profit up 34% at ₹1,140 crore, revenue rises 2.7%
Revenue for the quarter increased 2.7 per cent to ₹13,351 crore, helped by communications and banking financial services and insurance (BFSI) business
 "Tech Mahindra Q1 profit up 34% at ₹1,140 crore, revenue rises 2.7%")
Nisaba Godrej outlines 2040 vision to shareholders in GCPL's annual report
GCPL to drive growth via bold TAM strategy, acquisition-led entries into deodorants, pet food, and mass detergents as FY26 targets and international gains take shape
 "Nisaba Godrej outlines 2040 vision to shareholders in GCPL's annual report")
Greenlam to invest ₹1,147 crore in Andhra for South's largest laminate unit
Andhra government will provide incentives of around Rs 329 cr to the company
 "Greenlam to invest ₹1,147 crore in Andhra for South's largest laminate unit")
Cabinet approves ₹7,000 crore NLCIL investment in renewables push
Centre eases investment restrictions for NLCIL, enabling 10 GW renewable energy target by 2030 and transfer of existing assets to new clean energy subsidiary NIRL
 "Cabinet approves ₹7,000 crore NLCIL investment in renewables push")
LAT Aviation has not bought any private jet, clarifies Deepinder Goyal
Earlier, a media report claimed that Goyal-backed LAT Aerospace has bought a Bombardier Global jet. The aerospace startup, co-founded by Surobhi Das, is in the regional aviation space
 "LAT Aviation has not bought any private jet, clarifies Deepinder Goyal")
Swiggy launches high-protein food category across 30 cities in India
Food-delivery platform launches curated section with over 500,000 protein-rich dishes from 35,000 restaurants as India faces widespread protein deficiency
 "Swiggy launches high-protein food category across 30 cities in India")
Dixon Technologies' China playbook faces crucial Centre's FDI test
The note states that any investment or transfer of ownership from countries sharing a land border with India
 "Dixon Technologies' China playbook faces crucial Centre's FDI test")
IHCL acquires additional stake in subsidiary ELEL Hotels for ₹165 crore
The acquisition was made at an issue price of ₹5,000 per share, the company said in a BSE filing
 "IHCL acquires additional stake in subsidiary ELEL Hotels for ₹165 crore")
BofA positive on Vedanta on improving credit profile, attractive valuation
The firm's report follows allegations by a US-based short seller Viceroy Research of Vedanta Resources' structural subordination, reliance on brand fees/dividends to service debt
 "BofA positive on Vedanta on improving credit profile, attractive valuation")
AM/NS India commissions auto steel line at Hazira plant to reduce imports
Hazira facility can produce high-strength steel of up to 1,180 MPa for automotive use; part of Rs 8,500 crore expansion to lift downstream capacity to 5 mt
 "AM/NS India commissions auto steel line at Hazira plant to reduce imports")
Tech Mahindra Q1 results: Profit up 34% to ₹1,141 cr, revenue edges up
Revenue from operations for the first quarter of FY26 came in 2.65 per cent higher at Rs 13,351.2 crore, as against Rs 13,005.5 crore in the year-ago period
 "Tech Mahindra Q1 results: Profit up 34% to ₹1,141 cr, revenue edges up")
Schneider Electric mulls buying Temasek's 35% stake in Indian JV
Schneider is in talks to buy the 35 per cent stake held by the Singapore state investment company in Schneider Electric India Pvt for about $1 billion
 "Schneider Electric mulls buying Temasek's 35% stake in Indian JV")
ITC Hotels Q1 FY26 result: Net profit jumps 54% to ₹133 cr, revenue up 15%
Meanwhile, the company's profit declined sequentially by 48.2 per cent compared to ₹256.90 crore in the March 2025 quarter
 "ITC Hotels Q1 FY26 result: Net profit jumps 54% to ₹133 cr, revenue up 15%")
Govt allows NTPC to invest up to ₹20,000 cr in renewable energy
The enhanced delegation given to NTPC and NGEL will facilitate accelerated development of renewable projects in the country, an official release said
 "Govt allows NTPC to invest up to ₹20,000 cr in renewable energy")
NTPC gets approval to invest up to ₹20,000 crore in renewable energy push
Centre raises NTPC's investment ceiling via NGEL to accelerate renewable energy capacity addition, supporting India's goal of 500 GW non-fossil power by 2030
 "NTPC gets approval to invest up to ₹20,000 crore in renewable energy push")
Pipeline Infrastructure, Crown LNG sign MoU for pipeline connectivity in AP
The MoU was signed on July 10 by PIL Managing Director Akhil Mehrotra and Crown LNG Holdings Ltd CEO Swapan Kataria
 "Pipeline Infrastructure, Crown LNG sign MoU for pipeline connectivity in AP")
Biocon Biologics expands diabetes portfolio with FDA approval for Kirsty
Interchangeable biosimilar to NovoLog in the US and will be available in prefilled pens and vials
 "Biocon Biologics expands diabetes portfolio with FDA approval for Kirsty")
Karnataka proposes ₹200 cap on movie tickets; PVR Inox faces revenue hit
Proposed pricing rule could cut average ticket price by 30% in Karnataka, impacting topline and Ebitda for movie theatres
 "Karnataka proposes ₹200 cap on movie tickets; PVR Inox faces revenue hit")
