Elecon Engineering’s Q4 profit plunges 96 pc to Rs 6 crore on exceptional loss

IANS | April 15, 2026 3:31 PM

Mumbai, April 15 (IANS) Industrial gearbox manufacturer and a premier material handling equipment (MHE) provider Elecon Engineering Company Limited on Wednesday reported a sharp 96 per cent drop in its net profit to Rs 6 crore for the fourth quarter (Q4) of FY26, mainly due to a large exceptional loss during the period.

Air India seeks fresh funding from Tata Group, Singapore Airlines: Report

IANS | April 15, 2026 2:07 PM

New Delhi, April 15 (IANS) Air India has reported a wider-than-expected annual loss of over Rs 22,000 crore ($2.4 billion or Rs 220 billion) for FY26, prompting the airline to seek fresh capital support from its shareholders, including Tata Group and Singapore Airlines, a report has said.

Gold ETFs AUM triples to Rs 1.7 lakh crore in March amid geopolitical tensions

IANS | April 15, 2026 1:29 PM

New Delhi, April 15 (IANS) Physical gold may have taken the lead, but the precious metal has also surged in the digital space, with gold exchange-traded funds (ETFs) emerging as a favourite among both retail and institutional investors as total assets under management (AUM) surged to Rs 1,71,468.4 crore in March 2026, nearly tripling on a year-on-year basis, a report showed on Wednesday.