PNI News - Press Network of India

Kozhikode : Federal Bank's Wealth Management team hosted an exclusive edition of its flagship ‘Wealth & Wisdom’ series at Hotel Raviz Kadavu Resort bringing together HNI customers for insightful discussions on market trends, investment opportunities, and long-term wealth creation strategies. The event is part of Federal Bank's ongoing customer engagement initiative, designed to provide affluent customers with expert perspectives on evolving market dynamics and support informed investment decision-making. The…

Lucknow: Migsun Group, one of North India's leading real estate developers, will invest Rs. 350 crores to develop a studio apartment project in Lucknow. Strategically located next to Medanta Hospital, the project is expected to emerge as one of the city’s preferred next-gen hubs. The project is designed to cater to the growing demand for compact residential-cum-commercial spaces. Located at one of Lucknow’s vibrant hotspots, the project promises attractive investment potential, offering high rental value. It is spread…

Mumbai : NITCO Limited, one of India’s leading premium surfaces brand, announced its consolidated financial results for the quarter ended June 30, 2026, reporting strong year-on-year growth in its core Tiles, Marble and Related Products business, reflecting continued market momentum and growing demand for its premium surfaces portfolio. For Q1 FY27, NITCO’s consolidated revenue from the core business products stood at INR 114.74 crores, registering about 26% year-on-year growth over INR 91.24 crores in Q1 FY26. The…

The Africa’s Business Heroes (ABH) (https://AfricaBusinessHeroes.org) Prize Competition, a philanthropic initiative of Alibaba Philanthropy, today announced the 20 entrepreneurs who will advance to its 2026 Semi-Final, taking place in Nairobi, Kenya, on 21–22 August. The Top 20 were selected from an expanded Top 100 cohort drawn from more than 24,000 applications across all 54 African countries. Candidates advanced through three-person judging-panel interviews that assessed leadership, innovation, impact, scalability and…

Chennai : Ashok Leyland, the Indian flagship of the Hinduja Group, reported a record Q1 with highest ever Commercial Vehicles volume of 48,763 units vis-a-vis 44,238 units in the same period last year. Q1 revenue was also ever highest at Rs 9,634 Cr. vis-a-vis Rs. 8,725 Cr last year. The company also reported its highest ever Q1 PAT of Rs. 609 Cr. as against Rs. 594 Cr in the previous year. However, owing to rising material costs, EBITDA was at 10.1% for Q1 FY27 (Rs. 970 Cr) as against 11.1% (Rs. 970 Cr) in Q1FY26. …

Muthoot MCred Limited (formerly known as Muthoottu Mini Financiers Limited), one of India’s trusted gold loan NBFCs, announced strong financial performance for the quarter ended June 30, 2026. Profit After Tax (PAT) increased by 232.73% year-on-year to ₹100.29 crore. AUM grew 58.53% year-on-year to ₹7,098.38 crore. Total income stood at ₹399.64 crore in Q1 FY27, registering a 76.38% year-on-year growth. The Company continued to maintain strong asset quality and operational discipline, with Gross NPA at 0.59% and Net NPA…

Freedom is often understood as the ability to choose. For India’s young people, that choice increasingly extends to how they learn, where they work, and what kind of livelihood they build. As India marks 80 years of independence, we should ask whether our young people have enough economic choice to shape their own futures, or whether the circumstances they are born into continue to decide what is possible for them. With one in four people aged 15-29 still outside education, employment or training, the challenge is not…