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LG Electronics Q3 profit falls 62%
Financial Express Mumbai
|February 12, 2026
LG ELECTRONICS INDIA on Wednesday reported a sharp drop in consolidated net profit, hit by weaker demand in home appliances, especially in the post-festive period.
The company posted a 61.6% year-on-year (yo-y) fall in net profit to nearly ₹90 crore in Q3FY26, below Street estima tes of ₹205 crore for the period.
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Financial Express Mumbai
Raj budget announces state testing agency, carbon credit programme
FORMATION OF RAJASTHAN State Testing Agency (RSTA) to bring transparency in competitive exams, carbon credit pilot project to benefit farmers and formation of a high-level committee to look into the demands of government employees were among other announcements in the Rajasthan budget 2026-27 presented by Deputy Chief Minister Diya Kumari on Wednesday.
1 min
February 12, 2026
Financial Express Mumbai
‘Will create enabling environment for investments in AI’
In the run-up to the India AI Impact Summit, which has drawn over 100,000 registrations, Abhishek Singh, additional secretary, MeitY and CEO of the IndiaAI Mission, speaks to Ojasvi Gupta about the country’s approach to AI infrastructure, regulation, data policy and foundational models. Excerpts:
2 mins
February 12, 2026
Financial Express Mumbai
LATE CONFIRMATION OF FIXTURE PUSHES PRICES HIGHER: EXPERTS India-Pak T20 clash sends Colombo airfares soaring
Air India, IndiGo planning to add more flights
2 mins
February 12, 2026
Financial Express Mumbai
Pulses imports drop sharply in FY26 on robust crop, stocks
AFTER SETTING A record in FY25, India's pulses imports have dropped sharply in the current financial year, trade sources said, citing adequate carry-forward stocks and robust domestic crop prospects.
1 min
February 12, 2026
Financial Express Mumbai
Balancing security & agility
AI OFTODAY is becoming more precise, better at mathematics, and consuming longer contexts as reasoning becomes central to the models.
2 mins
February 12, 2026
Financial Express Mumbai
Registration of new firms hits all-time high in Dec
REGISTRATION OF NEW companies touched a monthly high in December 2025 with a total of 26,631 firms incorporated during the month, latest data from the Ministry of Corporate Affairs (MCA) showed.
1 min
February 12, 2026
Financial Express Mumbai
US softens claims: Trade deal note drops pulses, digital tax
No commitment, only intent to buy 500-bn US goods
3 mins
February 12, 2026
Financial Express Mumbai
M&M Q3 profit up 33% to ₹3,931 cr
MAHINDRA & MAHINDRA REPORTED a 32.6% year-on-year (yo-y) rise in standalone net profit for the October-December quarter at ₹3,931 crore, compared with ₹2,964 crore a year ago, marginally ahead of Bloomberg estimate of ₹3,885 crore.
1 min
February 12, 2026
Financial Express Mumbai
Q-comm hiring moderates in Jan
THE WHITE-COLLAR hiring in the quick commerce segment grew 21% in January 2026 as the ultra-fast, hyperlocal delivery model has entered a second phase of maturity, said the latest Indeed report.
1 min
February 12, 2026
Financial Express Mumbai
Akasa Air Co-founder & CCO Praveen Iyer quits
AKASA AIR ON Wednesday announced that its Chief Commercial Officer (CCO) and Co-founder Praveen Iyer has resigned, marking the second high-profile departure at the three-year-old airline.
1 mins
February 12, 2026
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