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Suzlon Q4 results: Profit rises multi-fold to ₹1,180.98 cr, revenue up 73%

Suzlon Q4 results: Profit rises multi-fold to ₹1,180.98 cr, revenue up 73%

Suzlon Energy’s net profit surged multi-fold to ₹1,180.98 crore in the fourth quarter of the financial year 2024-25, compared to ₹254.12 crore in the same period of the previous fiscal year.

Revenue from operations rose 73 per cent year on year (YoY) to ₹3,773.54 crore in Q4 FY25, up from ₹2,179.20 crore reported in the corresponding quarter last year.

Delhi excise policy case: Arvind Kejriwal seeks NOC for passport renewal

Delhi excise policy case: Arvind Kejriwal seeks NOC for passport renewal

Former Delhi chief minister Arvind Kejriwal, an accused in the Delhi excise policy case, moved court on Thursday seeking a no objection certificate (NOC) for the renewal of his passport.

Special Judge Dig Vinay Singh issued notice to Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) and sought their replies by June 4, the next date of hearing.

India's defence production hits ₹1.46 trn, exports at ₹24k cr: Rajnath

India's defence production hits ₹1.46 trn, exports at ₹24k cr: Rajnath

India’s domestic defence production has reached an all-time high of ₹1.46 trillion, while exports have crossed ₹24,000 crore, Defence Minister Rajnath Singh said on Thursday.

Addressing the Confederation of Indian Industry (CII) Annual Summit 2025, Singh said this transformation highlights the strength of the Make in India initiative, which has reduced dependence on imports and bolstered national security.

Greater confidence of inflation aligning with target over 12 months: RBI

Greater confidence of inflation aligning with target over 12 months: RBI

With recent prints of headline consumer price inflation remaining benign, there is greater confidence that it will converge to the target of 4 per cent over the 12-month horizon, the Reserve Bank of India (RBI) said in its annual report for 2024–25, released today.

While noting that the outlook for the Indian economy remains promising, the report said softer inflation and moderate growth warrant monetary policy to be growth supportive.

US court blocks Trump from imposing 'Liberation Day' tariffs on imports

US court blocks Trump from imposing 'Liberation Day' tariffs on imports

A federal court in the US on Wednesday (local time) blocked President Donald Trump from imposing 'sweeping' tariffs on imports citing an emergency-powers law.

A three-judge panel at the New York-based US Court of International Trade issued the ruling. The development comes after several lawsuits were filed against Trump, arguing that he has exceeded his authority, Associated Press reported

Sebi bans IndusInd Bank ex-CEO, 4 others from trading in securities market

Sebi bans IndusInd Bank ex-CEO, 4 others from trading in securities market

The Securities and Exchange Board of India (Sebi) on Wednesday barred former IndusInd Bank chief executive officer (CEO) Sumant Kathpalia and four other senior officials from trading in the securities market, following allegations of insider trading linked to an accounting discrepancy worth over ₹3,000 crore.

In an interim order issued on May 28, Sebi said that these individuals had traded in IndusInd Bank shares while being in possession of unpublished price sensitive information (UPSI), violating insider trading rules.

N Chandrasekaran to step down from Tata Chemicals; new chairman appointed

N Chandrasekaran to step down from Tata Chemicals; new chairman appointed

Tata Sons Chairman N Chandrasekaran will step down as chairman and director of Tata Chemicals, effective May 29, 2025. The development was disclosed in a regulatory filing by the company.

Chandrasekaran, in a letter to the board, wrote, "I am writing to formally inform you of my decision to step down from my position as a director and Chairman of the Board of Directors of Tata Chemicals Limited w.e.f. 29th May, 2025. After careful evaluation of my current and future commitments, I have decided to step down from the Board. It has been a privilege to chair the Tata Chemicals board and I sincerely appreciate the support and collaboration during my tenure."

Kamal Haasan to join Rajya Sabha? DMK allots one seat to his party MNM

Kamal Haasan to join Rajya Sabha? DMK allots one seat to his party MNM

The Dravida Munnetra Kazhagam (DMK) has announced three candidates for the upcoming Rajya Sabha elections from Tamil Nadu. One of the seats has been allocated to the Makkal Needhi Maiam (MNM), a political party led by actor-turned-politician Kamal Haasan.

The other two candidates selected by DMK are advocate P Wilson and SR Sivalingam.

SC upholds ICICI Securities delisting, dismisses plea over valuation

SC upholds ICICI Securities delisting, dismisses plea over valuation

The Supreme Court on Wednesday dismissed a petition by investor Manu Rishi Gupta, upholding the delisting of ICICI Securities and clearing the way for its full merger with ICICI Bank. Gupta had challenged the share valuation process, claiming that the reverse book building (RBB) method could have secured a better price for shareholders, according to The Economic Times.

ICICI Securities was officially delisted in March 2024, becoming a wholly owned subsidiary of its promoter, ICICI Bank.

Karnataka CM slams BJP's 'Urdu over Kannada' claim as malicious lie

Karnataka CM slams BJP's 'Urdu over Kannada' claim as malicious lie

Karnataka Chief Minister Siddaramaiah has strongly refuted BJP allegations that the state government prioritised Urdu over Kannada in funding allocations, terming the claims "malicious lies" aimed at inciting communal hatred.

In a series of tweets, Siddaramaiah accused the BJP of Karnataka of deliberately spreading falsehoods that undermine communal harmony.

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