Profit by knowlytics
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-five thousand crore rupees from domestic and overseas markets. HUDCO has already raised twenty thousand crore rupees in the first quarter of this fiscal.
Ajay Devgn will collaborate with director Nikhil Nagesh Bhat for a new action drama. Principal photography for this Jio Studios project is planned for late 2027. Bhat is currently completing his Hollywood debut film ‘Deadlocked’ with Jamie Foxx. His recent film ‘Kill’ garnered international acclaim for its intense action sequences. This collaboration adds another action-oriented…
Jindal Stainless is identifying a site for its proposed Rs 40,000-crore stainless steel manufacturing facility. The company expects clarity on land acquisition within one or two quarters. This new plant will have a capacity of four million tonnes per annum. It will produce specialized steel grades for emerging critical sectors. The Maharashtra government will expedite…
Shubman Gill practiced batting after an impact injury on his thumb. He removed the taping and focused on spin during his session. The team management is cautious about risking him before crucial upcoming fixtures. India faces several injury concerns and will name a replacement for Sai Sudharsan. Shaik Rasheed, Sarfaraz Khan, and Ruturaj Gaikwad are…
Gland Pharma has signed a strategic Manufacturing and Supply Agreement with a leading global pharmaceutical company for technology transfer, manufacturing and supply of sterile injectable products. The agreement covers 55 SKUs across three sites, with annualised revenue potential of $90-100 million upon commercialisation. Revenue generation is expected to begin in 2029.
The NCLAT rejected an appeal by Log 9 Mobility’s suspended directors. They challenged an NCLT order to help recover leased electric vehicles. The tribunal stated NCLT has wide powers under the IBC code. Directors cannot avoid responsibility for assisting vehicle identification and handover. The appeal was dismissed as the grounds lacked merit.
Food delivery platforms Ownly and magicpin are seeking greater market share in India. Both platforms report increased restaurant participation and daily order volumes. Restaurants are pushing for more control over commercial terms and promotions. Negotiations between Bengaluru restaurants and major aggregators are ongoing. The entry of new players is expected to benefit the overall food…
Cochin International Airport Ltd (CIAL) has posted a record annual net profit of Rs 502 crore for 2025-26, crossing the Rs 500-crore mark for the first time. The airport operator reported revenue of Rs 1,220 crore and recommended a 55% dividend, while announcing plans to enter airport consultancy services.
A captain on an Air India flight reportedly tested positive for psychoactive substances. This follows a severe turbulence incident that occurred near Odisha. The airline has not confirmed the test results, stating they were not shared. Pilots involved are currently off flying duty pending the ongoing investigation. The Directorate General of Civil Aviation is examining…
Premiumisation is the key growth driver for India’s alcoholic beverages industry. Major spirit makers expanded revenue and protected margins in the first quarter. United Spirits and Radico Khaitan reported high double-digit growth in their premium segments. United Breweries also saw an increase in its premium volume. This trend reflects rising disposable incomes and evolving consumer…