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7 mins read
SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it
Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…
7 mins read
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…
1 min read
Indian carriers to report $1.6-1.8 billion consolidated loss in FY24 says industry body CAPA
According to CAPA India, Indian airlines are estimated to have a net induction of 132 planes ne…
PTI
2 mins read
BPCL Q3 net profit jumps 82% on higher refining, market margins
State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82% jump in its December …
PTI
4 mins read
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
3 mins read
Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA
Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal…
PTI
3 mins read
India’s first quarter GDP may surpass RBI MPC projection
The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…
4 mins read
Earnings to remain volatile in FY24, but some sectors will benefit from lower energy prices, says Aditya Birla Sun Life MF’s CEO A Balasubramanian
Aditya Birla Sun Life Mutual Fund CEO, Balasubramanian, believes that investors should be bullish o…
5 mins read
Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax
The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…
2 mins read
IndianOil posts multifold growth in Q1, net profit at ₹14,735 crore beats estimates
India’s largest oil marketing company Indian Oil posted a multifold rise in consolidated net profit…
2 mins read
Zomato's Deepinder Goyal joins elite list of Indian billionaires
Zomato CEO Deepinder Goyal became a billionaire after a 2.22% stock surge to Rs 227.40, increasing …
1 min read
BharatPe's FY22 losses swell after change in fair value of compulsory convertible preference shares
In FY21, the company had posted a net loss of ₹1,619.2 crore. Apart from the CCPS cost, the c…
3 mins read
Devyani International posts net loss of ₹48.95 crore in Q4
Consolidated revenue from operations during the quarter under review stood at Rs 1,047.08 crore…
PTI
3 mins read
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
4 mins read
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
2 mins read
Domestic air passenger traffic grows to about 138.9 million in May, sees 5.1% annual increase: Icra
Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May …
PTI
2 mins read
Vistara reports net profit, crosses $1 billion revenue mark in FY23
Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding …
3 mins read
Allied Blenders and Distillers IPO : Should you subscribe? Know all about it here
Their most famous offering, the Officer’s Choice whiskey, was launched in 1988. Amongst its other p…
4 mins read
Telecom companies’ Q4 revenue likely to moderate due to lack of significant tariff hikes
Indian telecom companies are likely to report a moderation in Q4 earnings amidst a lack of signific…
9 mins read
LIC, Delhivery, Kfin Tech among IPO duds of FY23
After a bumper year of initial public offerings (IPOs) in 2021, the primary market is no longer as …