Tata Consumer Products net profit rises 16 percent, and 5 more corroborated developments

Tata Consumer Products net profit rises 16 percent

Tata Consumer Products reported consolidated net profit of ₹469.30 crore for the quarter ended September 30, FY27, up 16 percent year-on-year from ₹404.46 crore in the prior year period. The company attributed the increase to volume growth in its India business.

ITC Hotels reports 51% profit jump in September quarter

ITC Hotels posted consolidated net profit of Rs 201-203 crore for the September quarter, up 51-52% year-on-year, with revenue rising 25.6-26% to Rs 1,054 crore. Ebitda increased 37.3% to Rs 337 crore.

IndiGo to shift international flights to Navi Mumbai

IndiGo and Air India Group announced plans to progressively move part of their Mumbai operations to Navi Mumbai International Airport, with IndiGo transferring 12 daily international departures between February and July 2027. The shift represents about one-third of their international flights from Chhatrapati Shivaji Maharaj International Airport.

Tata Communications to invest $450 million in AI network

Tata Communications plans to invest $400-450 million over the next three to five years to build an AI Super Highway connecting India's key data centres and artificial intelligence hubs. The project will involve constructing 10,000 km of fibre network offering 7.2 petabytes of capacity.

Defence Acquisition Council approves 2.12 trillion rupee procurement

RBI conducts variable rate repo auctions in late October