Information technology (IT) giant Infosys on Thursday reported 12 per cent year-on-year (Y-o-Y) fall in consolidated net profit at ₹7,033 crore for the December to March quarter for the financial year 2024-25 (Q4FY25).

Revenue for the March quarter was up 7.9 per cent Y-o-Y to ₹40,92 crore, the Salil Parekh-led company said in a regulatory filing to the exchanges.

Campa Cola, the soft drinks brand owned by Reliance Consumer Products Ltd, the FMCG arm of Mukesh Ambani-led Reliance Industries, will open a new bottling plant in Bihar.

According to reports, Reliance Consumer Products Ltd (RCPL)-owned brand will have a new plant on 35 acres of land in the Begusarai district of Bihar, where it will invest around Rs 1,000 crore.

The Supreme Court on Thursday directed the Centre not to make any appointments to the Central Waqf Council and state waqf boards for the time being. The directive came after the Centre sought time to file its preliminary response in the ongoing matter.

Solicitor General Tushar Mehta, appearing for the Centre, requested the court to grant a week’s time to submit the government's initial reply.

Travel platform EaseMyTrip has issued a statement on the searches conducted at its premises by the Enforcement Directorate in connection with the ongoing investigation into the Mahadev Betting App. The company has denied any association with the app.

As per information available in the public domain, the ED conducted searches at over 50 locations of various persons and corporates. Amongst them, one was the EaseMyTrip Gurgaon office.

The board of India's IDFC FIRST Bank has approved raising up to Rs 7,500 crore ($877 million) from affiliate firms of Warburg Pincus and the Abu Dhabi Investment Authority to fuel its next phase of growth, the lender said on Thursday.

The entities will invest the funds for a combined 15 per cent stake in the mid-sized private lender which has 971 branches, a loan book of Rs 2.31 trillion and a deposit base of Rs 2.27 trillion.

The Supreme Court has asked the Centre whether it is willing to allow Muslims to be part of Hindu religious trusts. The top court's comments come during the hearing of a bunch of petitions challenging the Waqf Amendment Act. A bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan is hearing the petitions. The hearing is underway with senior advocate Kapil Sibal, appearing for the petitioners' side, making submissions.

The Enforcement Directorate (ED) has filed a chargesheet against senior Congress leaders, including Sonia Gandhi and Rahul Gandhi, in connection with the National Herald money laundering case.

Special Judge Vishal Gogne, who received the chargesheet on April 9, has taken up the matter for cognisance and scheduled the next hearing for April 25.

Indian dairy firm Heritage Foods will increase the prices of its products this financial year to offset rising costs such as fuel and raw material expenses, its CEO told Reuters.

Consumer goods majors, including Nestle India and Cinthol soapmaker Godrej Consumer Products, are hiking prices to battle a double whammy of a slowdown in consumer spending and higher costs.

PhonePe has launched a feature enabling users to “create a circle” and make payments on behalf of their family, friends, or trusted contacts, said the fintech company on Wednesday.

Dependents in a family can use UPI Circle to create their own identity or profile in the digital payments service without a linked bank account, providing a secure financial service to “unbanked” individuals.

The Supreme Court will begin hearing a batch of 73 petitions challenging the constitutional validity of the Waqf Amendment Act today (April 16). The hearing, scheduled to start at 2 pm, will be conducted by a three-judge bench led by Chief Justice of India Sanjiv Khanna, along with Justices Sanjay Kumar and KV Viswanathan, reported India Today.

The Waqf Amendment Act, which was passed by Parliament and signed into law by President Droupadi Murmu on April 5, has sparked widespread protests and legal challenges across the nation.

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