17January
RIL Q3 FY26: New Energy and AI Infra Initiatives to Reposition Reliance for a Brave New World
Reliance Industries Limited (RIL), led by Mukesh Ambani, announced its Q3 FY26 results with consolidated profit of Rs 22,167 crore, reflecting a modest 1.66% year-on-year growth. Oil-to-Chemicals (O2C) Segment: Strong margins in the O2C business provided stability despite global volatility. Jio Platforms: Continued subscriber growth and digital expansion offset slower retail performance. Retail Segment: Growth slowed due to weaker consumer demand, though long-term expansion plans remain intact. Oil & Gas Revenue: Declined, but compensated by
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Federal Bank delivered a solid set of numbers in its December quarter (Q3 FY26), prompting brokerage firm Systematix Institutional Equities to revise its stance on the stock from Hold to Buy. Net Profit Growth: The bank reported a 9% rise in net profit to Rs 1,041 crore, supported by improved margins and reduced provisions. Net Interest Margins (NIMs): Margins expanded, reflecting better cost management and lending efficiency. Advances Growth: Loan book growth was particularly strong
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LTIMindtree, one of India’s leading IT services and consulting firms, has won a landmark $330 million contract from the Central Tax Department to overhaul and modernize its tax analytics platform using advanced artificial intelligence technologies. This project is expected to transform the way tax data is processed, analyzed, and utilized, making compliance more efficient and strengthening the government’s ability to detect fraud and improve transparency. Scope of the Project The contract involves a complete upgrade
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The Supreme Court recently ruled against Tiger Global in its long‑running dispute with Indian tax authorities over capital gains from its 2018 Flipkart stake sale to Walmart. The apex court denied Tiger Global the benefits of tax treaties with Mauritius and Singapore, stating that a Tax Residency Certificate (TRC) alone is insufficient to claim exemptions. This landmark decision has sent ripples across the financial ecosystem. Impact on Foreign Portfolio Investors Scope of impact: Over 500
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China has achieved a historic milestone by notching a $1.2 trillion trade surplus in 2025, marking a 20% increase compared to the previous year. This achievement comes despite persistent tariff measures imposed by the United States under President Donald Trump’s administration, underscoring the resilience of China’s export-driven economy and its ability to adapt to global challenges. Key Drivers of the Surplus Robust Export Growth: Chinese exports surged across sectors including electronics, machinery, and renewable energy
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