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BUSINESS NEWS · 2 MIN READTVS Motor approves demerger of consumer finance businessesShareholders would receive an equal number of shares in the resulting company, subject to regulatory, statutory and shareholder approvals.4 HOURS AGO · BY SPECTATE MEDIA DESKEARNINGS CALLS · 2 MIN READL&T Q2 FY27 earnings call: what management saidL&T reported a record ₹1.48 lakh crore of order inflow and an order book of ₹8.54 lakh crore, and guided to 10% to 12% revenue growth for FY27.1 DAY AGO · BY SPECTATE MEDIA DESKTAX & POLICY · 1 MIN READRBI Governor urges states to onboard the Unified Lending Interface and use programmable digital rupee for direct benefit transfersSanjay Malhotra told state finance secretaries that the quality of spending matters for long-term fiscal health.1 DAY AGO · BY SPECTATE MEDIA DESKBUSINESS NEWS · 2 MIN READMaruti Suzuki's Q2 profit falls 26% to ₹2,466 crore on West Asia-linked commodity costs, even as sales volume hits a record 6.97 lakh unitsRevenue rose to ₹53,356 crore, but material costs jumped and mark-to-market losses cut non-operating income.1 DAY AGO · BY SPECTATE MEDIA DESKTAX & POLICY · 2 MIN READGST tribunal allows Singapore Airlines a ₹45.92 lakh refund on cancelled tickets, but only where fare and tax went back to passengersThe Kochi bench held that eight refund claims for 2019 to 2021 pass the unjust-enrichment test. Tax advisers say the result rests on passenger-level records.3 DAYS AGO · BY SPECTATE MEDIA DESKBUSINESS NEWS · 2 MIN READIDFC First Bank's Q2 profit nearly triples to ₹1,045 crore as provisions fall and gross NPA drops to 1.32%Advances grew about 31% and deposits about 26% from a year earlier. One report gives a different profit figure that Spectate Media could not reconcile.4 DAYS AGO · BY SPECTATE MEDIA DESKTAX & POLICY · 2 MIN READRBI tells banks and payment firms to treat systems as compromised after a credential exposure until forensic checks clear themThe advisory also asks for multi-factor authentication on admin access, an API inventory and incident reporting to the RBI. SBI separately disclosed 3,897 exposed customer records.4 DAYS AGO · BY SPECTATE MEDIA DESKBUSINESS NEWS · 2 MIN READJSW Steel posts record output and Jindal Steel's volumes rise 27% in Q2, as Jindal trims net debt by ₹1,141 croreJSW Steel's profit rose 14.1% on the previous quarter. Jindal Steel's net debt to EBITDA fell to 1.51 times, though one of its year-on-year profit comparisons looks wrong.5 DAYS AGO · BY SPECTATE MEDIA DESKBUSINESS NEWS · 2 MIN READGodrej Properties' Q2 profit falls 62% to ₹154 crore, even as collections hit a record for a second quarterIncome rose 38% and half-year bookings reached a record ₹16,659 crore. The chairperson says profit is recognised on project completion.5 DAYS AGO · BY SPECTATE MEDIA DESKBUSINESS NEWS · 2 MIN READRBI bought a record $43.26 billion net in August as its forward short position topped $200 billionNet purchases were more than double July's, helped by a concessional swap window for bank deposits and foreign borrowings.5 DAYS AGO · BY SPECTATE MEDIA DESK
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