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Sterling and Wilson Renewable Energy reported a 680% YoY surge in Q1FY26 net profit to 39 crore, driven by a 93% revenue increase to 1,762 crore. EBITDA rose 176% YoY. Sequentially, profit and revenue dipped, but operational efficiency and execution remain strong.
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News and Media
The International Buddhist Confederation commemorated the 90th birth anniversary of the 14th Dalai Lama in New Delhi, celebrating his contributions to world peace, universal responsibility, and the preservation of Buddhist culture. The event highlighted his dedication to ancient Indian wisdom and his role as a bridge between Eastern and Western thought.
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News and Media
South Indian Bank reported a 9.5% YoY rise in Q1FY26 net profit to Rs 322 crore, aided by a 47% surge in non-core income. Despite nearly doubling provisions, the bank's pre-provision operating profit rose 32% and asset quality improved.
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News and Media
America saw a dip in new jobless claims last week. This hints at steady job growth in July. However, some laid-off workers face long unemployment spells. This is due to slower hiring. Trade policy uncertainty makes companies hesitant. Continuing claims data needs monitoring. It will give a clearer picture of the labor market's health.
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News and Media
Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26.
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News and Media
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