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…

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%…

NEW DELHI: India’s largest carmaker Maruti Suzuki will raise prices across its vehicle line up by up to Rs 30,000 from next month, citing elevated inflationary pressures and a persistently adverse cost environment. Some of the other car makers indicated that they are also reviewing prices, while some have already raised it.In a regulatory filing…

NEW DELHI: The first ever index of services production (ISP) is set to be released around July, complementing the new index of industrial production (IIP) series, which will come out on June 1 with the revised base year 2022-23. This new index, which has been in making for several years, will help assess the shortterm…