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Building materials company Nuvoco Vistas Corp. Ltd. has reported a strong financial performance for the first quarter of FY27, backed by higher cement sales, improved profitability and progress in its capacity expansion programme. The company posted a 20 per cent year-on-year rise in Profit After Tax (PAT) to Rs. 160 crore, while EBITDA increased 7 per cent to Rs. 572 crore, marking its highest-ever first-quarter EBITDA. Consolidated total income grew 9 per cent year-on-year to Rs. 3,129 crore, with cement sales volume rising 5 per cent to 5.3 million metric tonnes (MMT). The company also inaugurated a 2 MMTPA grinding…

Online travel technology platform EaseMyTrip has signed a strategic Memorandum of Understanding (MoU) with the Department of Tourism, Government of Jharkhand, to promote the state’s diverse tourism offerings through digital initiatives and attract more domestic travellers. Under the partnership, EaseMyTrip will use its technology platform, extensive customer reach and dedicated spiritual and domestic tourism vertical EasyDarshan to showcase Jharkhand’s major attractions. The initiative will highlight destinations including Shri Baidyanath Dham, prominent temples, waterfalls, forests, eco-tourism sites, agri-tourism experiences and the state’s rich cultural heritage. EaseMyTrip Chief Executive Officer and Co-founder Rikant Pittie said the collaboration aims to bring Jharkhand’s spiritual,…

Motorola has launched the moto g77 POWER, positioning it as the segment's leading camera smartphone with a 50MP Sony LYTIA 600 sensor, a 6.72-inch FHD+ 120Hz display, and a 7,000mAh battery that the company claims can deliver up to three days of usage on a single charge. Priced at an effective Rs 23,999 for the 8GB+128GB variant, the smartphone will go on sale from July 13 through Flipkart, Motorola.in and leading retail outlets across India. Powered by the MediaTek Dimensity 6400 chipset, the device supports 5G connectivity, Android 16, Google Gemini integration, RAM Boost up to 24GB, and expandable storage…

Tata Motors has entered into a strategic partnership with public sector lender UCO Bank to strengthen India's commercial vehicle financing ecosystem by improving access to organised credit for customers across the country. The two entities have signed a Memorandum of Understanding (MoU) to offer attractive financing solutions aimed at making commercial vehicle ownership more affordable for entrepreneurs, fleet operators and businesses. Under the partnership, customers will have access to competitive interest rates, quick loan approvals, simplified documentation, high loan-to-value funding and flexible repayment tenures tailored to business cash flows. The companies said the collaboration would leverage UCO Bank's extensive branch…

Philip Morris International Inc. (PMI) has announced that the U.S. Food and Drug Administration (FDA) has issued Modified Risk Tobacco Product (MRTP) orders for 20 variants of its ZYN nicotine pouch products. This marks the first time the FDA has granted MRTP orders specifically for nicotine pouches. The historic authorization allows PMI U.S. to market a specific reduced-risk claim for these products, explicitly stating that using ZYN instead of traditional cigarettes puts the consumer at a lower risk of developing mouth cancer, heart disease, lung cancer, stroke, emphysema, and chronic bronchitis. Stacey Kennedy, CEO of PMI U.S., described the FDA's…

Tata Elxsi, a global leader in design-led technology services, reported a solid 18.2% year-on-year rise in its consolidated net profit to ₹170.6 crore for the first quarter of financial year 2026-27. This steady bottom-line growth was propelled by a major milestone, as the company’s quarterly operating revenue crossed the ₹1,000-crore threshold for the first time in its history, rising 14.5% year-on-year and 2.8% sequentially to reach ₹1,021.1 crore. A primary driver of this positive momentum was the Media & Communications vertical, which registered an outstanding 22.2% year-on-year growth in actual currency, fueled by the aggressive ramp-up of key global operator…