CEO salary at listed firms doubles to Rs 7.2 crore in a decade; CFO pay lags with 1.7x rise — Manufacturing, MNCs drive the hike: Report

The average salary for CEOs of listed companies in India reached Rs 7.2 crore, reflecting a compound annual growth rate (CAGR) of 9 per cent over the past decade, according to a new study by Resource Bridge, cited by ANI. In comparison, CFOs earned an average of Rs 2.3 crore, with their pay increasing 1.7 […]

NSDL IPO opens today: India’s oldest depository goes public with 4,012 crore IPO; should you subscribe? What analysts say

The Initial Public Offering (IPO) of National Securities Depository Ltd (NSDL), India’s pioneering and largest depository, opened for subscription on Wednesday, marking a significant event in the Indian financial market. The IPO, which is entirely an offer for sale (OFS) by existing shareholders, aims to raise Rs 4,012 crore, with no fresh capital being raised. […]

Lenskart files draft papers for Rs 8k crore IPO

BENGALURU: Lenskart Solutions is gearing up for one of the largest consumer-tech listings of the year, with its IPO expected to raise between Rs 7,500 crore and Rs 8,000 crore, people aware of the matter said. The company filed its draft red herring prospectus (DRHP) with market regulator Sebi on Tuesday. Source link

L&T Q1 results: Net profit jumps 30% to Rs 3,617 crore; order inflow hits record Rs 94,453 crore

L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company’s revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950 […]

Layoff impact weighs: TCS loses Rs 28,149 crore in market cap in 2 days; 12,000 job cuts planned

Tata Consultancy Services (TCS) has lost over Rs 28,000 crore in market capitalisation across two days, following its announcement to lay off about 12,000 employees globally over the course of this year.The IT major’s shares continued to slide for a second straight session on Tuesday, slipping 0.73% to close at Rs 3,056.55 on the BSE. […]

Economy

11 PSBs collected around ₹9,000 crore as penalty for low bank balance between FY21 and FY25

The Finance Ministry shared the data in response to a question by Congress president Mallikarjun Kharge in the Rajya Sabha, on Tuesday | Photo Credit: REUTERS Eleven public sector banks (PSBs) collected around ₹9,000 crore in the last five years as penalty for low balance in savings bank accounts, according to the Finance Ministry’s data […]

Economy

RVNL to build ₹447 crore Lajpat Nagar–Saket G Metro corridor for DMRC

Pradeep Gaur, Chairman and Managing Director, Rail Vikas Nigam Ltd   Rail Vikas Nigam Ltd (RVNL), a Navratna PSU under the Ministry of Railways, will execute a metro link between Lajpat Nagar and Saket G Block on behalf of the Delhi Metro Rail Corporation (DMRC), under the Delhi MRTS Phase IV project. This project is valued at approximately ₹447.42 […]

NSE Q1 results: Net profit rises 14% to Rs 2,924 crore, contribution to exchequer logs at Rs 14,331 crore in April–June

The National Stock Exchange (NSE) on Tuesday reported a 14% year-on-year rise in consolidated net profit to Rs 2,924 crore for the April–June quarter of FY26, even as its total income dipped 3% to Rs 4,798 crore compared with Rs 4,950 crore in the same period last year.In the year-ago quarter, the bourse had posted […]