enterprise Adani Enterprises Q4 profit drops 38% to ₹450 crore Revenue of India’s largest private airports operator increased 0.8% to ₹29,180.02 crore. By fortuneindia.com
enterprise Adani Ports Q4 profit zooms 77% to ₹2,015 cr; revenue up 19% In its FY25 guidance, Adani Ports estimates cargo volumes to grow to 460-480 MMT and revenue to rise to ₹29,000-31,000 cr By fortuneindia.com
enterprise Li-Ion battery costs down 90%; Next-gen low-cost tech to power EV, energy transition Prices of lithium-ion batteries have declined from $1,400 per kilowatt-hour in 2010 to less than $140 per kilowatt-hour in 2023. By P B Jayakumar
enterprise Cognizant Q1 profit dips 6% to $546 mn; revenue down 1% In its guidance, Cognizant says it expects second-quarter revenue to be $4.75-$4.82 billion, a decline of 2.9% By fortuneindia.com
enterprise ICICI Bank denies report of CEO Sandeep Bakhshi looking to resign It appears that this rumour is being spread with an ulterior motive and malicious intent in order to harm the Bank and its stakeholders, says ICICI Bank. By fortuneindia.com
enterprise Maruti Suzuki doesn't expect small car sales to recover until 2026 Price hikes in small cars due to regulations are quite steep whereas salary hikes have not happened to that extent, says Maruti Suzuki senior executive Partho Banerjee By Karan Dhar
enterprise Passenger car sales flat in April Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%. By fortuneindia.com
enterprise DigiYatra users crash 65% following DataEvolve scandal Suresh Khadakbhavi, CEO, DigiYatra Foundation explains how he’s tackling the crisis and why users need to reinstall the app By Anjuli Bhargava
enterprise Ambuja Cements Q4 profit up 64% to ₹1,055 cr The sales volume of Ambuja Cements improved by 17% to 16.6 million tonnes (MnT) during the quarter under review, as against 14.1 MnT in the March quarter of FY23. By fortuneindia.com
enterprise ‘I will do my time’: Binance founder after getting 4-month jail in US Changpeng Zhao pleaded guilty to breaking money laundering rules; prosecutors say Binance caused violations above $898 mn By Manoj Sharma
