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Even though the company’s full-year profit after tax more than quadrupled due to increased revenues and operational success, ReNew Energy Global reported a more than 75% fall in net profit for the fourth quarter of FY26. The business’s net profit for the quarter ended March 2026 decreased to Rs 77.7 crore, down from Rs 313.7 crore reported in Q4FY25, according to a press release released on Monday. FY26 Profit More Than Doubles, Q4 Income Increases ReNew Energy’s overall income for Q4FY26 climbed to Rs 3,954.8 crore from Rs 3,439.1 crore in the same quarter of the prior fiscal year, despite…

In an effort to improve its battery energy storage system (BESS) capabilities and expand renewable energy infrastructure in India, Reliance Industries is in talks with a number of international battery component makers, including China-based battery behemoth CATL. Sourcing essential parts for large-scale battery storage systems, which are anticipated to be crucial to Reliance’s larger clean energy goals, is the main topic of discussion. In light of the growing need for energy storage solutions connected to the growth of renewable energy, the company is considering collaborations with several foreign companies for battery system components. Reliance Plans to Increase Battery Storage By…

Due to increased profitability and better operational performance, Indian Oil Corporation (IOC) reported a 78% year-over-year increase in consolidated net profit to Rs 14,458 crore in the March quarter (Q4FY26) from Rs 8,124 crore in the same quarter of the prior fiscal year. While revenue from operations increased 7% to Rs 2,36,899 crore in Q4FY26 from Rs 2,21,360 crore in the same period last year, the parent company’s profit attributable to equity shareholders improved significantly throughout the quarter. In Q4, Revenue Growth and Margins Improve Sequentially, IOC’s revenue increased by just 0.27 percent from Rs 2,36,257 crore in the October–December…

In 2026, the Indian EV market is expected to grow dramatically as manufacturers release a range of entry-level, mass-market, and high-end electric SUVs. As EV usage increases, it is evident that higher range, adaptable platforms, and feature-rich products are the main priorities. Maruti e Vitara: up to 543km range, dual battery options Tata Sierra EV: 450-500km range, premium positioning Kia Syros EV: compact, mass-market electric SUV Hyundai Inster EV: 300km+ range, entry-level focus Škoda Elroq: up to 570km WLTP range, AWD and RWD options Four major EVs are anticipated in 2026. Tata Sierra EV An historic Tata nameplate is making…

In an effort to strengthen its position in India’s rapidly developing financial services industry, TVS Motor Company will pay Rs 193.3 crore to purchase a 4.9% share in Jana Small Finance Bank. According to an exchange filing, TVS Motor’s investment committee has authorized the acquisition of 51.6 lakh equity shares from Jana Holdings via a share purchase agreement. Subject to standard closing conditions, the transaction is anticipated to be finished in three months. Concurrently, the TVS Venu company intends to increase its overall stake in Jana Small Finance Bank to a completely diluted 9.9 percent. Primary warrant subscriptions and secondary…

Due to weaker investor demand and minimal trading activity in the bullion market, JPMorgan Chase has reduced its average gold price projection for 2026 from USD 5,708 to USD 5,243 per ounce. In a note dated Sunday, bank analysts stated that “investor client interest has ‘dried to a trickle,'” noting that COMEX gold futures activity, managed money positions, and ETF inflows continued to be muted. According to the bank, trade volumes and aggregate open interest in gold futures have remained low in recent months, indicating a decline in institutional investor participation. JP Morgan kept its positive outlook on gold and…

Even though Google’s upcoming flagship smartphone range is still months away, online leaks about the Pixel 11 series have already begun to appear. The Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL, and the foldable Pixel 11 Pro Fold are the four models that the US-based tech giant is anticipated to release. Early leaks are starting to provide a rather precise image of what the forthcoming Pixel phones might provide, even though Google has not yet officially acknowledged anything. Here is what we currently know about the next-generation Tensor chipset, improved cameras, and brighter displays. Expected specifications for the…

WhatsApp New Feature: Up until now, the timer for vanishing messages on WhatsApp started as soon as a message was sent. But with this new feature, the timer won’t start until the receiver has actually read the message. WhatsApp New Feature: WhatsApp is presently testing a new privacy feature for its customers that may further improve communication security. The business is reportedly implementing a function that will cause disappearing messages to immediately destroy themselves—not just after a predetermined amount of time, but particularly after they have been viewed. Testing for this function has started for iPhone users as well. It…

Bill & Melinda Gates Foundation Ends Longstanding Microsoft Investment In the first quarter of 2026, the Bill & Melinda Gates Foundation sold its remaining stock in Microsoft, completing its withdrawal from the software company. According to media sources citing regulatory records, the foundation’s trust sold its final 7.7 million Microsoft shares, a position worth around USD 3.2 billion, or Rs 26,500 crore. The sale completes a staged withdrawal that started around two years ago, at which point the trust owned roughly 28.5 million Microsoft shares. For many years, the foundation’s investment portfolio consisted primarily of Microsoft stock, which was donated…

Price of Petrol and Diesel: After four years, government oil companies have raised the price of petrol and diesel by ₹3. However, since state-run oil companies continue to suffer losses as a result of increased crude oil prices, industry sources predict that fuel prices may increase even more in the days ahead. New Delhi: Over the past two and a half months, the ongoing situation in West Asia has caused crude oil prices to soar. Oil prices are continuing trading above $100 and have reached $130 a barrel. State-owned oil marketing firms were allegedly losing close to ₹30,000 crore per month…