WASHINGTON, United States — The Donald Trump administration is moving to strengthen the United States’ domestic supply of critical minerals with $500 million in federal grants for seven companies developing lithium, cobalt, battery recycling and other materials projects, according to a U.S. Department of Energy funding document.
टैग: Business News
IEX Q4 Results: Profit Jumps 11% as ₹2 Dividend Announced
NEW DELHI, India —IEX Q4 Results: Indian Energy Exchange (IEX) reported an 11% year-on-year increase in consolidated net profit for the January-March quarter of FY26, while revenue and EBITDA also recorded double-digit growth. The company posted a net profit of ₹130 crore, compared with ₹117 crore in the corresponding quarter a year earlier, and announced a final dividend of ₹2 per share.
IRCTC FY27 Growth: Tourism, Catering Plans
NEW DELHI, India — Indian Railway Catering and Tourism Corporation (IRCTC) is looking to strengthen growth in FY27 by tapping a revival in spiritual tourism, expanding catering capacity and upgrading its digital platform, even as its first-quarter profitability remained broadly flat amid global pressures.
Q1 Results Today: Ashok Leyland, NMDC, Voltas and Others to Report Earnings
NEW DELHI, India: A number of prominent Indian companies are scheduled to announce their Q1 results on August 14, with investors and market participants set to track earnings updates from companies including Ashok Leyland, NMDC, Alkem Laboratories, Bharat Dynamics, Voltas and PhysicsWallah. The earnings calendar also includes several other companies reporting their financial performance for the first quarter.
Silver Lake in Talks to Acquire Workday in Potential $50 Billion-Plus Deal
Private equity firm Silver Lake is in discussions to acquire Workday, a major cloud-based human resources and financial management software company, in what could become one of the largest software buyouts in history, according to people familiar with the matter.
Old Monk, McDowell’s Manufacturers Challenge FSSAI Order in Bombay High Court
MUMBAI, India — The manufacturers of Old Monk and McDowell’s No. 1 Celebration Matured Rum have approached the Bombay High Court after the Food Safety and Standards Authority of India (FSSAI) prohibited the manufacture and sale of fresh stocks of the two rum brands. The companies are challenging the validity of the prohibition orders before the court.