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Tata Power Q4 Results: Tata Power reported a consolidated net profit of Rs 996 crore for Q4 FY26, a 4% year-on-year decline, while revenue fell 13%. The company achieved its highest-ever annual PAT of Rs 5,118 crore for FY26, driven by strong performance in its renewables, solar manufacturing, and transmission and distribution businesses.
Canara Bank anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning needs without raising fresh capital. Deposit growth is expected to continue at a healthy pace. Operating profits are projected to grow substantially. Return on assets will be maintained above 1 percent.
Dr Reddy's Laboratories Q4 Results: Dr. Reddy's Laboratories reported a consolidated net profit at Rs 221 crore in the March-ended quarter versus Rs 1,587 crore in the year ago period, an 86% YoY fall.
For many students, the cancellation was not unexpected. What shocked them more was the feeling that the system had once again fallen into the same crisis within just two years.
Indian equity markets fell for a fourth straight session as rising crude oil prices, geopolitical tensions, FII selling, and a record-low rupee triggered sharp losses across benchmark, midcap, and smallcap indices. Analysts warned volatility may persist unless global tensions ease and inflation concerns stabilise.
When global sanctions collide with domestic law, who wins? A high-stakes legal battle between a Russian-backed Indian refiner and a German tech giant is forcing India to confront the hidden vulnerabilities of its critical infrastructure.
The rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices since the Iran war began. The Philippine peso and the Indonesian rupiah have also been impacted severely, with the latter hitting a record low on Tuesday as well.
Jewellery and real estate stocks experienced a sharp decline after Prime Minister Modi urged financial restraint, advising citizens to postpone gold purchases and reduce discretionary travel. The comments, aimed at curbing fuel consumption amid geopolitical uncertainty and high energy costs, triggered an immediate market reaction in sectors tied to household spending.
Onward Technologies has approved a Rs 180 crore share buyback, repurchasing nearly 5.49 lakh shares at Rs 328 apiece, a 20% premium. Promoters will not participate in this first-ever buyback, with May 18 set as the record date. The company appointed Centrum Broking as the buyback manager.
Copper prices surged to record highs globally, with MCX copper rising 1.3% amid supply disruptions and strong demand from electrification and AI-linked sectors. Analysts cite tightening supply chains and geopolitical tensions as key drivers. Despite a recent pullback, technicals and fundamentals suggest continued bullish momentum with dip-buying opportunities.
The drug regulator has ordered all 4,153 licensed blood banks to register on a national portal by Wednesday, as the government tightens oversight following HIV contamination incidents. The push aims to replicate systems already in place in US, UK, and EU.
An analysis of mutual fund portfolios revealed 29 stocks held exclusively by single schemes, with most underperforming in CY26. However, Satin Creditcare Network, Rossell Techsys, and Amanta Healthcare bucked the trend, delivering strong returns. Brooks Laboratories and EFC (I) were among those experiencing significant declines.
Radhan Pandit Vettrivel is one of India's high-profile celebrity and political astrologers. He has over 40 years of experience in Vedic astrology, numerology and meditation-based guidance.
TeamLease Services will hold a board meeting on May 20. The board will review the company's January-March quarter results for FY26. A proposal for a share buyback will also be considered. This potential buyback would be the first in three years. The company's stock saw a significant jump following the announcement.
Global energy markets are entering a structurally tighter phase due to years of underinvestment in crude oil and refining. While renewables are growing, grid constraints persist, and downstream product shortages are emerging, signaling a multi-year squeeze across the energy sector.
Today's quote of the day comes from Hollywood legend Harrison Ford, who said: 'To me, success is choice and opportunity.' Here is what the Star Wars and Indiana Jones star meant, and why his words continue to resonate.
Anant Ambani's Vantara is supported by the Reliance Foundation. Under the same brand, Ambani launched 17 Indian-inspired flavours for his premium ice cream brand.
