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Aditya Birla Sun Life AMC Q2 profit falls 28.6 pc to Rs 221 crore

Oct 21, 2026

Mumbai, Oct 21 (IANS) Aditya Birla Sun Life AMC Limited on Wednesday reported a net profit of Rs 221 crore for the quarter ended September (Q2 FY27), marking a quarter-on-quarter (QoQ) decline of 28.6 per cent from the previous quarter (Q1 FY27). Revenue from operations rose 4.5 per cent sequentially to Rs 483.81 crore, according to its stock…

India to convert gas‑fuelled ammonia and urea plant to renewable power: Report

Oct 21, 2026

New Delhi, Oct 21 (IANS) India will convert an existing natural gas‑fuelled ammonia and urea plant to run on renewable power, creating one of the world’s largest green‑ammonia plants with an annual output target of about 1.1 million tonnes,…

Business

Sensex, Nifty decline for 2nd straight session; Smallcaps drop over 2 pc

Oct 21, 2026

Mumbai, Oct 21 (IANS) Indian equity benchmarks ended lower for the second consecutive session on Wednesday, dragged down by weakness in auto, metal and select heavyweight stocks, while broader markets witnessed a sharper selloff.The Sensex…

Business

Jio Platforms IPO subscribed 2.5 times on first day so far

Oct 21, 2026

New Delhi, Oct 21 (IANS) The Rs 30,213-crore initial public offering (IPO) of Jio Platforms was fully subscribed on Wednesday -- the first day of bidding -- receiving bids 2.5 times the offer so far.By 3:15 pm, the portion reserved for…

Business

Adani Green Energy’s EBITDA jumps 41 pc in first half this fiscal, energy sales rise 32 pc

Oct 21, 2026

Ahmedabad, Oct 21 (IANS) Adani Green Energy Limited (AGEL) on Wednesday reported a 41 per cent year-on-year (YoY) rise in EBITDA from power supply to Rs 7,957 crore in the first half of FY27, driven by a 32 per cent increase in energy sales…

Business

India-New Zealand trade pact to open new opportunities for exporters: Industry

Oct 21, 2026

New Delhi, Oct 21 (IANS) Industry body ASSOCHAM on Wednesday welcomed the entry into force of the India-New Zealand Free Trade Agreement (FTA), saying the pact would deepen India's economic engagement with the developed world and create…

Business

FTAs opening big opportunities for India’s exports: Piyush Goyal

Oct 21, 2026

New Delhi, Oct 21 (IANS) Commerce Minister Piyush Goyal said on Wednesday that the multiple free trade agreements (FTAs) concluded in recent years have opened immense opportunities for India’s exporters, and the Narendra Modi government's…

Business

India’s data centre boom gathers pace as AI, cloud investments fuel digital infrastructure growth

Oct 21, 2026

New Delhi, Oct 21 (IANS) India's digital transformation is emerging as one of the key pillars of economic growth, technology adoption, and global competitiveness, with the country's digital economy projected to reach $1 trillion by 2030, a…

Business

Essar Ports secures LOA for Tuna Tekra multipurpose cargo terminal at Kandla

Oct 21, 2026

Mumbai, Oct 21 (IANS) Essar Ports Limited has received the Letter of Award (LOA) from Deendayal Port Authority (DPA) for the development of a multipurpose cargo terminal at Tuna Tekra, Kandla, Gujarat, on a Build, Operate and Transfer (BOT)…

Business

Digital gold could unlock up to $700 billion in latent demand

Oct 21, 2026

New Delhi, Oct 21 (IANS) Digital gold could unlock up to $700 billion in latent demand from a market currently valued at $45–55 billion, a report said on Wednesday. The report from Boston Consulting Group and the World Gold Council said the…

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