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Sun Pharmaceutical Reports Strong Q1 Growth Driven by India Business and Innovative Medicines

Sun Pharmaceutical Industries Ltd. has reported a 27% year-on-year increase in consolidated net profit for the quarter ended June 30, 2026, supported by strong revenue growth and improved operational performance. The company’s net profit attributable to owners rose to ₹2,894.79 crore, compared with ₹2,278.63 crore in the same quarter last year. The company’s consolidated revenue…

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Thanlon Shift from Pherzawl to Churachandpur Sparks Fresh Debate

The Manipur government has directed concerned departments and senior district officials to complete the transfer of Thanlon Sub-Division from Pherzawl district back to Churachandpur district within seven days. The order was issued on July 29 by Secretary (Land Resources) Th. Kirankumar, instructing authorities to carry out the administrative transfer and submit a compliance report within…

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Manipur’s Ukhrul Faces Continued Tension Amid Ongoing Economic Blockade

Tensions remained high in Manipur’s Ukhrul district on Tuesday as a counter-economic blockade entered its third day, with Naga and Kuki-Zo civil society organisations exchanging allegations over the situation. The Working Committee of the Tangkhul Naga Long (TNL) accused Kuki groups of disrupting movement along National Highway-202 and alleged that several vehicles were stopped, belongings…

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Strong Loan Growth Lifts Shriram Finance’s Q1 Net Profit by Nearly 60%

Shriram Finance reported a strong financial performance for the first quarter of FY2026-27, with net profit rising 59.79% year-on-year to ₹3,444.6 crore, driven by healthy growth in lending and improved margins. On a sequential basis, profit increased 14.30%, reflecting sustained business momentum. Net interest income (NII) climbed 33.67% year-on-year to ₹8,055.7 crore, while total income…

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AMC Race Intensifies as SBI Funds Lists With Strong Investor Interest

SBI Funds Management has entered the list of publicly traded asset management companies (AMCs) on Dalal Street, giving investors another opportunity to participate in India’s rapidly expanding mutual fund industry. The listing has intensified competition among leading AMCs, including HDFC AMC and ICICI Prudential AMC. Shares of SBI Funds Management debuted on July 21 at…

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L&T Secures Multiple EPC Orders Across Iron Ore, Steel and Zinc Sectors

Larsen & Toubro (L&T) has secured multiple Engineering, Procurement and Construction (EPC) orders from leading domestic metals and mining companies, strengthening its presence in India’s industrial infrastructure sector. The company’s Metals & Minerals (M&M) business has received a significant order from India’s largest iron ore producer, a public sector enterprise, for Package #BE-01C of an…

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Axis Bank Reports Robust Q1 Growth; Asset Quality Improves as Standalone Gross NPA Drops

Axis Bank has delivered a stellar financial performance for the first quarter ended June 30, 2026, reporting a 22.2 percent year-on-year surge in consolidated net profit to ₹7,632.31 crore. The impressive growth, which comfortably beat market estimates, was primarily driven by a significant 42.1 percent drop in provisions and contingencies, which fell to ₹2,337.47 crore…

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