Business Economy


Avantel dials lower revenue and PAT in Q2

Chennai, Oct 18 (UNI) Technology solutions company Avantel Limited, which serves the defence and communication sectors, on Saturday reported lower operational revenue and net profit for the second quarter ended September 30, 2025.
In a regulatory filing, the company stated that it recorded operational revenue of Rs 55.12 crore, compared to Rs 77.25 crore in Q2 FY25. Net profit for the quarter stood at Rs 6.17 crore, down from Rs 23.57 crore in the same period last year, on a standalone basis.

Avantel also reported that its order book currently stands at over Rs 200 crore.
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Market valuation of four top 10 firms rises over Rs 92,000 cr, led by HDFC bank and Airtel

12 Jul 2026 | 4:05 PM

New Delhi, Jul 12 (UNI) The market valuation of four of the top 10 firms increased by Rs 92,995.48 crore last week, with HDFC Bank and Bharti Airtel emerging as the key gainers.

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Bank loan recovery improves in UP

12 Jul 2026 | 3:07 PM

Lucknow, Jul 12(UNI) Bank loan recovery has improved significantly over the past year in Uttar Pradesh, reports here said.
According to a joint report submitted by banks to the government recently, pending recovery certificates (RCs) have decreased from 23.23 lakh to 9.32 lakh, a reduction of 13.91 lakh. The pending amount associated with these certificates has also decreased from Rs 36,994 crore to Rs 17,856 crore.

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Bank loan recovery improves in UP

12 Jul 2026 | 2:12 PM

Lucknow, Jul 12(UNI) Bank loan recovery has improved significantly over the past year in Uttar Pradesh, reports here said.
According to a joint report submitted by banks to the government recently, pending recovery certificates (RCs) have decreased from 23.23 lakh to 9.32 lakh, a reduction of 13.91 lakh. The pending amount associated with these certificates has also decreased from Rs 36,994 crore to Rs 17,856 crore.

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Piyush Goyal will lead business-delegation to Spain, Belgium and Finland to strengthen economic relations across Europe

12 Jul 2026 | 1:47 PM

New Delhi, Jul 12 (UNI) Seeking to boost economic partnership across Europe, Commerce and Industry Minister Piyush Goyal will lead a high-level business delegation to Spain, Belgium, and Finland from July 13-17.

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Over 17 million taxpayers file Income Tax Returns so far: I-T Department

12 Jul 2026 | 1:45 PM

New Delhi, July 12(UNI) More than 17 million taxpayers have filed their Income Tax Returns (ITRs) for the Assessment Year (AY) 2026-27 so far, the Income Tax Department said on Saturday, urging eligible taxpayers who are yet to file their returns to complete the process before the deadline.

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