Business

Markolines reported a 12 percent rise in net profit for the third quarter, with earnings reaching Rs. 6.78 crore, underscoring steady operational performance in a challenging business environment. The results reflect disciplined cost management, efficient project execution and a focus on profitability over aggressive expansion. Despite uneven demand conditions in the infrastructure services space, the company maintained financial stability and margin control.

A major airline experienced widespread operational disruption as a software malfunction affected check-in systems at airports across the country. Passengers reported long queues, missed flights, and inconsistent boarding information, creating both logistical and reputational challenges. Airline officials traced the issue to an integration failure between the reservation platform and automated check-in systems, which prevented accurate retrieval of passenger data and seat assignments. While temporary fixes restored partial functionality, full resolution required backend system resets.

India’s manufacturing and technology sectors are moving closer as Bharat Forge and VVDN Technologies announce a strategic partnership focused on automotive and defence applications. The collaboration aims to combine deep manufacturing expertise with advanced electronics and software capabilities, addressing the growing demand for indigenous, high-technology solutions.

India’s leading dairy and food major Mother Dairy is projecting a robust 30% increase in sales during the peak summer months, driven by rising demand for value-added dairy products and refreshment-focused offerings. With temperatures expected to remain high across much of the country, the company is scaling up production, strengthening distribution and expanding its product mix to capture seasonal consumption.

India’s leading online travel platform has entered a strategic partnership with a global artificial intelligence pioneer to redefine how consumers plan and experience travel. MakeMyTrip has joined hands with OpenAI to integrate advanced AI capabilities across its digital ecosystem. The collaboration aims to deliver more intuitive trip planning, personalized recommendations and faster customer support.

Fugitive businessman Vijay Mallya has said that legal constraints prevent him from returning to India, while regulatory and judicial conditions have also curtailed his ability to remain freely in the United Kingdom. The remarks underscore the prolonged and complex legal saga surrounding the former liquor baron, whose case has spanned jurisdictions and years.

In a decisive move that underscores the accelerating race for artificial intelligence leadership, Microsoft has committed $50 billion to expanding global access to AI infrastructure, tools and capabilities. The investment is aimed at scaling data centers, advancing cloud-based AI platforms and broadening adoption across enterprises, governments and developers worldwide. The initiative reflects Microsoft’s conviction that AI will become a foundational layer of the global economy, reshaping productivity, competitiveness and innovation.

Samsung is recalibrating its Galaxy strategy as competition intensifies across the global smartphone and consumer electronics market. The South Korean technology giant is doubling down on premium innovation, artificial intelligence integration and ecosystem-driven growth to defend its leadership position. With the Galaxy lineup spanning flagship smartphones, foldables and connected devices, Samsung aims to balance cutting-edge features with mass-market appeal.

Pulsar International has reported a sharp acceleration in profitability for the third quarter, posting a fourfold jump in net profit as improved operational efficiency and stronger demand lifted financial performance. The results signal a meaningful turnaround, underscoring the company’s ability to scale margins amid a challenging macroeconomic environment. Management attributed the gains to disciplined cost control, better capacity utilization, and improved execution across core business segments.

Ashok Leyland has entered into a strategic partnership with Rajasthan Gramin Bank to widen access to structured financing solutions for commercial vehicle buyers, particularly across rural and semi-urban markets. The collaboration is designed to improve credit availability for transport operators, small entrepreneurs, and fleet owners, supporting demand growth in India’s logistics and mobility ecosystem. By combining manufacturing strength with localized banking reach, the tie-up reflects a pragmatic approach to deepening financial inclusion while stimulating vehicle sales.