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Allied Blenders and Distillers Ltd (ABD) reported steady financial performance for the first quarter of FY27, with growth in revenue and profitability on a standalone basis, supported by continued premiumisation, higher sales of premium brands and strategic investments in its luxury portfolio. The company reported standalone income from operations of ₹975 crore for Q1FY27, up 5.3 per cent from ₹926 crore a year earlier. Standalone EBITDA rose 14.4 per cent to ₹140 crore, while profit after tax (PAT) increased 11.9 per cent to ₹68 crore. On a consolidated basis, income from operations grew 5.8 per cent to ₹984 crore, while…

Global crude oil benchmarks have soared more than 25% over the past two weeks, fueled by a sharp escalation in Middle East hostilities following the collapse of a recent interim peace agreement between the United States and Iran. The dramatic price surge reflects growing fears of severe global energy supply disruptions, as military actions and proxy strikes threaten two of the world's most critical maritime oil transit chokepoints—the Strait of Hormuz and the Bab el-Mandeb Strait. The rapid rise in energy costs has sent shockwaves through global financial markets, rekindling inflationary anxieties and sparking a sharp sell-off in government bonds…

Axis Trustee Services Limited (ATSL), a wholly owned subsidiary of Axis Bank, has expanded its presence in Gujarat International Finance Tec-City (GIFT City) with the inauguration of a new office aimed at strengthening its role in India's growing international financial services ecosystem. The new office was inaugurated in the presence of PradeepRamakrishnan, Executive Director of the International Financial Services Centres Authority (IFSCA), BipinSaraf, Chairman of Axis Trustee Services Limited, and Rahul Choudhary, Managing Director and Chief Executive Officer of ATSL. The company said the expansion will enhance its ability to support financial institutions, issuers, fund managers and investors operating in…

Netflix on Monday unveiled the trailer of Operation SafedSagar, a military drama inspired by the Indian Air Force's role during the 1999 Kargil War, with the series scheduled to premiere on August 7. Based on real events, the show highlights the untold story of the Golden Arrows Squadron, whose high-altitude mission during Operation SafedSagar became a defining chapter in India's military history. Directed by Oni Sen and created by Abhijeet Singh Parmar and KushalSrivastava, the series is produced by Matchbox Shots LLP and Feel Good Films. The cast includes Siddharth, Jimmy Shergill, AbhayVerma, DiaMirza, PrajaktaKoli, AdilHussain, MihirAhuja, TaarukRaina, ArnavBhasin and…

Marking World Cleft Awareness Day, Smile Train India has announced that it has supported more than 800,000 free cleft surgeries for children across the country since 2000, while launching a renewed nationwide campaign to promote early diagnosis and awareness of cleft lip and palate. The organisation said nearly 35,000 children are born with clefts in India every year, but many miss timely treatment because of myths, misinformation, and social stigma. World Cleft Awareness Day, observed globally on July 20 and introduced by Smile Train in 2025, aims to bring cleft care into mainstream public health discussions and ensure every affected…