Business

Tata Steel Q2 FY26 Results: India Operations Drive Consolidated Growth and Margin Expansion
13 Nov

Tata Steel Q2 FY26 Results: India Operations Drive Consolidated Growth and Margin Expansion

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#TataSteel #Q2Results #IndianSteel #EBITDA #FinancialResults #MakeInIndia #SteelSector #CapitalExpenditure #Decarbonisation Chandigarh: Tata Steel reported a strong set of unaudited financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26). The performance was largely driven by its robust India operations, which helped navigate a challenging global environment and significantly boosted the company's consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA). The consolidated EBITDA margin improved for the second consecutive quarter, reflecting successful cost management efforts despite global headwinds. India Operations (India¹) The India business was the primary engine of growth and profitability: EBITDA: ₹8,654 crores EBITDA Margin: 25%…
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Black Box Reports Strong Performance in Q2 FY26, Revenue grew by INR 198 crore, 14% quarter-on-quarter
13 Nov

Black Box Reports Strong Performance in Q2 FY26, Revenue grew by INR 198 crore, 14% quarter-on-quarter

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EBITDA grew by 23% quarter-on-quarter #BlackBox #Q2Results #DigitalInfrastructure #EBITDA #Essar #TechNews #NSEBBOX #FinancialResults #WindRiver  Chandigarh: Black Box Limited (BSE: 500463 | NSE: BBOX), Essar’s technology arm and a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter and half year ended September 30, 2025. The Company delivered a resilient performance, with strong quarter-on-quarter improvements across revenue, operating profit, and net profitability. With its transformation program now largely stabilised and a more focused go-to-market architecture in place, the Company is shifting decisively toward sustained revenue acceleration and a higher-quality business mix through FY26. Backed by robust…
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Mirae Asset Launches Infrastructure Fund: Tapping into India’s Multi-Trillion Dollar Growth Story
13 Nov

Mirae Asset Launches Infrastructure Fund: Tapping into India’s Multi-Trillion Dollar Growth Story

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#MiraeAsset #InfrastructureFund #NFO #PMGS #GatiShakti #IndianEconomy #EquityScheme #MutualFunds #InvestInIndia #NIP #CapitalExpenditure MUMBAI: Marking a strategic move to capitalize on India's accelerated capital expenditure cycle, Mirae Asset Investment Managers (India) has announced the launch of the Mirae Asset Infrastructure Fund. This new open-ended equity scheme is designed to provide investors with exposure to the entire value chain of India’s rapidly expanding infrastructure ecosystem. The launch comes at a time when the Indian infrastructure sector is entering a new, sustained growth phase, largely propelled by ambitious government initiatives and an increased influx of both public and private capital. 💰 NFO Dates and…
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India’s Textile Exports Shows Resilience and Diversification; Growth recorded in exports to 111 Countries
13 Nov

India’s Textile Exports Shows Resilience and Diversification; Growth recorded in exports to 111 Countries

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#TextileExports #ExportDiversification #IndiaTrade #MakeInIndia #AatmanirbharBharat #MSME #ReadyMadeGarments #EPM #GlobalCompetitiveness New Delhi: India’s Textile & Apparel, including handicrafts exports, demonstrated remarkable resilience in the first half of FY 2025-26 despite global headwinds and tariff-related challenges in major markets. India’s global exports of textiles, apparel and made ups grew marginally by 0.1% during April–September 2025, compared to the corresponding period in 2024. Some of the large export markets for India which clocked impressive growth rates were UAE (14.5%), UK (1.5%), Japan (19.0%), Germany (2.9%), Spain (9.0%) and France (9.2%). On the other hand, some of the other markets that recorded higher growth…
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Cabinet approves Rs. 20,000 crore Credit Guarantee Scheme for Exporters (CGSE)
13 Nov

Cabinet approves Rs. 20,000 crore Credit Guarantee Scheme for Exporters (CGSE)

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Up to Rs. 20,000 crore collateral-free credit support envisaged 100% credit guarantee through NCGTC Benefits to both MSME & non-MSME exporters #ExportPromotion #MakeInIndia #AatmanirbharBharat #MSME #IndianExports #GlobalTrade #CreditGuarantee #ModiCabinet #EconomicNews New Delhi: The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi today approved introduction of Credit Guarantee Scheme for Exporters (CGSE) for providing 100%  credit guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC)  to Member Lending Institutions (MLIs) for extending additional credit facilities upto Rs.20,000 crore to eligible exporters, including MSMEs. Implementation strategy and targets: The scheme shall be implemented by Department of Financial Services (DFS)…
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RBI का बड़ा फैसला: अप्रैल 2026 से चांदी के गहनों पर भी मिलेगा लोन!
13 Nov

RBI का बड़ा फैसला: अप्रैल 2026 से चांदी के गहनों पर भी मिलेगा लोन!

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#RBI #SilverLoan #चांदीपरलोन #CreditAccess #FinancialInclusion #NBFC #गोल्डलोन #भारत चंडीगढ़: भारतीय रिज़र्व बैंक (RBI) ने एक बड़ा और महत्वपूर्ण फैसला लेते हुए घोषणा की है कि 1 अप्रैल 2026 से, उधारकर्ता पारंपरिक गोल्ड-लोन (स्वर्ण ऋण) के अलावा अब चांदी के गहनों को गिरवी रखकर भी ऋण ले सकेंगे। यह कदम देश में ऋण (क्रेडिट) तक पहुंच का विस्तार करने और आम जनता को औपचारिक वित्तीय सहायता प्रदान करने के उद्देश्य से उठाया गया है। आरबीआई के ये नए, मानकीकृत ऋण दिशानिर्देश (standardised lending guidelines) वाणिज्यिक बैंकों, गैर-बैंकिंग वित्तीय कंपनियों (NBFCs), सहकारी बैंकों और आवास वित्त कंपनियों सहित सभी विनियमित ऋणदाताओं पर…
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Cosmo First Announces Strategic Joint Venture in South Korea
13 Nov

Cosmo First Announces Strategic Joint Venture in South Korea

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Partnership to take different B2B business verticals to the South Korean market #CosmoFirst #FilmaxCorporation #JointVenture #SouthKorea #GlobalExpansion #SpecialtyFilms #Chemicals #B2BPartnership #PackagingIndustry Chandigarh: Cosmo First Limited, a leading global conglomerate into multiple businesses (including Specialty/Consumer Films & Chemicals, Rigid Packaging, and Petcare) has entered a strategic 50-50 joint venture with Filmax Corporation, a renowned South Korean Films & Chemical Company with strong local market equity. The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First into the South Korean market and take Filmax products into the global market through the former’s various global arms. Partnership…
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IOL Chemicals Reports 56.7% YoY Profit Surge in Q2 FY26, Driven by Operational Efficiency and Non-Ibuprofen APIs
13 Nov

IOL Chemicals Reports 56.7% YoY Profit Surge in Q2 FY26, Driven by Operational Efficiency and Non-Ibuprofen APIs

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#IOLChemicals #Q2Results #APIManufacturing #PharmaGrowth #EDQM #CEP #EBITDA #ProfitGrowth #SpecialtyChemicals Chandigarh: IOL Chemicals and Pharmaceuticals Ltd (IOLCP) has announced robust standalone financial results for the second quarter (Q2) of FY26, reporting a significant surge in profitability driven by improved operating leverage and a strategic focus on its diverse product portfolio. The company's Profit After Tax (PAT) soared by 56.7% year-on-year (YoY) to ₹30.0 Crore in Q2 FY26, up from ₹19.2 Crore in Q2 FY25. This strong bottom-line growth was supported by a 33.3% YoY jump in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) to ₹64.0 Crore. 📈 Financial Performance Snapshot…
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Good News: Teens can now sign themselves up on Uber
13 Nov

Good News: Teens can now sign themselves up on Uber

MFNews0 CommentsBrands, Breaking News, Business, Entertainment, Health, Opinions, Technology, Travel
#UberIndia #UberTeens #FamilyTravel #TechForGood #SeniorsInTech #NewFeatures #RideHailing #DigitalIndia Chandigarh: Uber today announced that teens in India can now sign themselves up on the app by linking their accounts directly, making the process faster and more flexible for the use of its Uber Teens product in India. The update is part of a broader set of enhancements to Uber’s Teens and Family features, aimed at making travel safer, simpler, and more inclusive for families across generations. With this new self-onboarding process, teens gain the independence to manage their own Uber accounts while guardians retain full visibility and control. Uber has also extended…
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RELIANCE CONSUMER PRODUCTS PARTNERS WITH AJITH KUMAR RACING
12 Nov

RELIANCE CONSUMER PRODUCTS PARTNERS WITH AJITH KUMAR RACING

MFNews0 CommentsBrands, Breaking News, Business, Opinions, Shares, Technology
#CampaEnergy #RCPL #RelianceConsumerProducts #AjithKumarRacing #MotorsportIndia #IndianTalent #Sponsorship #FMCG #AjithKumar #EnduranceRacing #MadeInIndia #GlobalAmbition #EnergyPartner #HindujaGroup #RelianceIndustries Bengaluru: Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has announced its partnership with Ajith Kumar Racing, one of India’s most promising motorsport teams. As part of this collaboration, Campa Energy, RCPL’s flagship energy drink brand, will serve as the Official Energy Partner of the team. Supporting Made-in-India initiatives is a core pillar of RCPL’s philosophy, and this partnership reinforces that commitment. It also reflects RCPL’s mission of offering best-quality global products at affordable prices, while fostering Indian talent and ambition…
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