/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Losses widen for IndiGo and MobiKwik. Adani Enterprises and Indian Hotels Company see their profit dips.
Investors were in for disappointment on Tuesday as several leading Indian companies posted poor earnings in the second quarter of the 2025-26 fiscal. Their performance belied the early trends, which promised a better-than-expected show in the September quarter.
Adani Enterprises, the Adani group’s flagship company, reported a significant year-on-year dip in earnings; the only bright spot was the one-time gain through its stake sale in AWL Agri Business (formerly Adani Wilmar). India’s largest airline IndiGo and fintech company MobiKwik reported widening losses. Indian Hotels Company, the country’s largest hospitality business, posted a considerable dip in profits. State Bank of India, …
As the low-cost carrier pushes through a compensation overhaul, the absence of a CEO is complicating a delicate moment.
The two new chief executives at Air India and IndiGo come with contrasting reputations but face the same challenge—do their predecessors one better.
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
