The Press Editor

Mumbai: Commuters travelling through Northeast Delhi are expected to get some relief from traffic jams soon, as the city is expected to get its first integrated double-decker flyover by December this year. The unique feature of this project is that metro trains will run on an elevated Metro corridor, while vehicles will travel on the flyover below. The Delhi government has approved a revised cost of Rs 291 crore for this ambitious project. Chief Minister Rekha Gupta told a press conference that approximately 88 per cent of the construction work on the 1.40-kilometre-long flyover on Wazirabad Road has been completed.…

New Delhi: IT services major Infosys has named Ashiss Kumar Dash as its Chief Executive Officer (CEO)-designate. The board has approved the appointment on the recommendations of the Nomination and Remuneration Committee. Dash will serve as CEO-designate until March 31, 2027. The board has also approved its intention to appoint him as the Chief Executive Officer and Managing Director from April 1, 2027. He will succeed Salil Parekh as the Managing Director & Chief Executive Officer on April 1, 2027.  The board believes this combination of strategic and commercial acumen together with his technology delivery experience uniquely positions him to…

Mumbai: Benchmark indices Sensex and Nifty extended their decline for the fourth consecutive session as crude oil prices neared USD 100 a barrel amid escalating tensions between the US and Iran. The 30-share BSE Sensex closed 363.66 points or 0.47 per cent lower at 76,391.39. During the day, the benchmark hit a high of 76,726.66 and a low of 76,151.98, gyrating 574.68 points. The 50-share NSE Nifty was down by 126.65 points or 0.53 per cent and ended the session at 23,869.60. The broader market too ended the session in the red. While the BSE MidCap Select Index fell 195.78 points…

Mumbai: Shares of Cordelia Cruises operator Waterways Leisure Tourism Ltd will be in focus during today's trading session as the newly listed company has announced financial results for the April-June quarter of FY27. The company has posted a consolidated net profit of Rs 22.7 crore for the quarter under review, up 28 per cent sequentially from Rs 18 crore in the March quarter. According to the information shared with the exchanges, the company's revenue from operations rose 8 per cent to Rs 190.11 crore in the first quarter compared to Rs 176 crore in the same quarter a year ago.…

Mumbai: Dalal Street is witnessing the launch of several mainboard initial public offerings of late. The public issue of Cube Highways Trust is among them, and it opened for subscription on July 22, 2026, but has so far received a muted response from investors. The IPO's subscription status was 8 per cent at the time of writing the report on day 2. Other investors have subscribed 17 per cent, and institutional investors are yet to receive bids. According to the information available on the NSE, the company has received bids for 1,06,08,460 shares against 13,65,89,480 shares on offer at 1:25…