Business News for Founders
Info Edge Names Sanjeev Bikhchandani Group CEO From December
Info Edge founder Sanjeev Bikhchandani has been named Group CEO, subject to shareholder approval, as Hitesh Oberoi steps down.
Unimech Aerospace Q2 Profit Rises 103% to Rs 31.77 Crore
Unimech Aerospace's Q2 FY27 PAT was Rs 31.77 crore, with revenue from operations up 98% to Rs 123 crore.
L&T Q2 Profit Rises About 33% to Rs 5,202 Crore
L&T's consolidated Q2 FY27 profit was Rs 5,202 crore, with record order inflow of Rs 1,47,665 crore.
Anup Bagchi Takes Charge as HDFC Bank MD and CEO
Anup Bagchi took charge as HDFC Bank MD and CEO on 27 October, succeeding Sashidhar Jagdishan.
SEBI Extends Debenture Trustees' Deadline to April 2027
SEBI has given debenture trustees six more months, until 27 April 2027, to meet its separation rules.
Piramal Pharma Swings to Profit in Q2 FY27 as Revenue Rises 28%
Piramal Pharma posted a Q2 FY27 profit of about Rs 5 crore against a loss a year earlier.
AceVector Posts About Rs 17.6 Crore Loss in Q2 FY27
Snapdeal parent AceVector reported Q2 FY27 revenue of Rs 151.2 crore and a net loss of about Rs 17.6 crore.
MakeMyTrip Swings to $1.8 Million Profit in Q2 FY27
MakeMyTrip posted a $1.8 million profit in Q2 FY27 against a $5.7 million loss a year earlier.
WeWork India Q2 Profit Rises 219% to About Rs 20.4 Crore
WeWork India reported a Q2 net profit of about Rs 20.4 crore on revenue of about Rs 768 crore.
SoftBank Cuts Its Ola Electric Stake to 11.7% From 12.9%
SoftBank's SVF II Ostrich sold about 5.55 crore Ola Electric shares and 1.12 crore rights entitlements.
Paytm Q2 Profit Rises 10.7 Times to Rs 225 Crore
Paytm reported a Q2 FY27 profit of about Rs 225 crore on revenue of about Rs 2,648 crore.
Ather Energy Turns Profitable on About Rs 1.3 Crore Q2 Profit
Ather Energy posted a profit of about Rs 1.3 crore in Q2 FY27 after a loss of about Rs 154.1 crore.
Veefin Solutions H1 Profit Rises to About Rs 25 Crore
Veefin Solutions made about Rs 25 crore profit in April to September, up from about Rs 11 crore.
Central Bank of India Reports Rs 13.97 Crore Fraud
The bank says 187 unauthorised transfers left its RBI settlement account between October 15 and 17.
Jio Platforms IPO Subscribed 22.19 Times on Final Day
Jio Platforms' Rs 30,213 crore IPO drew 22.19 times subscription, led by institutional buyers.
Honasa Elevates Vipul Maheshwari to CPTO for Its AI Push
The Mamaearth parent has named Vipul Maheshwari its Chief Product and Technology Officer.
Zetwerk Shares List at About Rs 159, a 5% Premium to Issue Price
Zetwerk shares listed about 5% above the Rs 151 issue price after a Rs 5,012 crore IPO.