Goldman Sachs maintained its neutral rating on Jubilant Foodworks with the target price cut to Rs 460 from Rs 480 earlier. Analysts said that in the Jan-March quarter (Q4FY26) the company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly ahead of estimates due to Dunkin’ classification as discontinued operations.Analysts flagged near-term margin pressure…
MUMBAI: Tata Sons chairman N Chandrasekaran is set to present a detailed roadmap of the company’s loss-making new businesses at a crucial board meeting on May 26, as he moves to defuse tensions with principal shareholder Tata Trusts chairman Noel Tata.His presentation will cover Tata Digital and Air India, ventures that have absorbed significant investment…
Spoiler Alert: This article contains main plot details and spoilers for ‘Drishyam 3’. If you haven’t seen the film yet and wish to avoid spoilers, please stop reading now. Jeethu Joseph’s ‘Drishyam 3’ brings back Georgekutty, played by Mohanlal, for another emotionally intense chapter in the thriller franchise.The mystery drama takes place several years after…
NEW DELHI: Adani Ports and Special Economic Zone (APSEZ), on Thursday said it will acquire a 100% stake in Jaypee Fertilisers & Industries (JFIL) from Jaiprakash Associates for Rs 1,500 crore, as part of the NCLT-approved resolution plan for JAL.In a regulatory filing, APSEZ said the acquisition will further consolidate the company’s inland logistics presence…
NEW DELHI: LG Electronics India reported an 8.2% decline in its net profit to Rs 692.7 crore for the March quarter from a net profit of Rs 754.5 crore during the Jan-March period a year ago. Its revenue from operations rose 8.1% to Rs 8,053.6 crore in the March quarter of FY26. It was Rs…
‘Karuppu’ has emerged as one of the biggest commercial successes in Suriya’s career, and the film’s strong performance has now turned into a celebration for the actor’s family as well. The film is directed by RJ Balaji and it mixed fantasy with action elements along with top performance of Suriya and Trisha Krishnan.Now, actor Jyotika…
GT beat CSK by 89 runs (Pic credit: IPL) NEW DELHI: Five-time champions Chennai Super Kings crashed out of IPL 2026 in disastrous fashion on Thursday after suffering the biggest defeat in their history, as Gujarat Titans stormed to a crushing 89-run win at the Narendra Modi Stadium in Ahmedabad.The emphatic victory not only helped…
MUMBAI: Banks have made a host of suggestions on how govt could attract $30–$50bn foreign exchange, most of them involving the central bank subsidising the hedging cost of the foreign exchange.While the interest rate differential between India and the US is far less than the 4–5% in 2013, bankers say that the macroeconomic fundamentals are…
Zendaya may not be spilling the beans about their marriage status just yet, but she is revealing details about her work life with Tom Holland.The star couple, who is rumoured to have wed in secret, will be seen in two films together – ‘The Odyssey’ and ‘Spider-Man: Brand New Day’. The actress, who appears as…
NEW DELHI: Jobs in the informal sector grew nearly 15% (yo-y), breaching the 15-crore mark for the first time in JanMarch 2026 from 13.1 crore in the same period last year, the latest quarterly data on the unincorporated sector enterprises released by NSO Thursday showed. The number of establishments in the sector grew nearly 17%…