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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   


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1 min read

Exide Q1 PAT rises 16% to Rs 280 cr

The company had reported a profit after tax of Rs 242 crore in the April-June quarter of the preced…

PTI   


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2 mins read

Markets take a breather after record rally; settle marginally lower in volatile trade

The NSE Nifty dropped 32.40 points or 0.13 per cent to 25,356.50. Adani Ports was the bigges…

PTI   


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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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3 mins read

The ultra-rich who own $1 million gold bars probably aren't focused on profits amid soaring gold prices, experts say

The cost to store and protect physical gold can easily eat up a lot of its increase in value, but f…

Dominick Reuter   


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3 mins read

PVR INOX to close 70 non-performing screens in FY25, plan monetisation of real estate assets

The company will add 120 new screens in FY25 and close almost 60-70 non-performing screens, as it c…

PTI   


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Restaurant sector expected to turn around after tough Q1: Speciality Restaurants CMD

The restaurant industry faced temporary headwinds such as high food inflation and people dining out…

PTI   


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TVS Motor Q1 profit rises 6% to ₹461 crore; total income at ₹10,448 crore

Total income rose to Rs 10,448 crore for the period under review as compared to Rs 9,142 crore …

PTI   


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2 mins read

Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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1 min read

Hindustan Copper Q1 net profit rises two-fold to ₹113.40 crore

The consolidated income of the company during the April-June period rose to Rs 500.44 crore ove…

PTI   


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2 mins read

Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins

Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…

PTI   


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Tata Power net profit up 31% to ₹1,189 crore in June quarter

According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…

PTI   


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2 mins read

Devyani International reports Q1 profit of ₹224 crore

Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the …

PTI   


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4 mins read

All you need to know about Ola Electric's IPO: Should you subscribe or not?

With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…

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2 mins read

GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile

GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…

Matthew Fox   


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1 min read

Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales

The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …

PTI   


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4 mins read

Should you rent or buy a home? Here’s how much rental pricing has gone up compared to ownership cost in major Indian cities

Renting costs in Indian cities are rising rapidly, making homeownership a potentially smarter finan…

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2 mins read

Gold could see profit taking as it hits another new lifetime high

Gold prices hit another high on Thursday to ₹66,778 per 10 grams on the MCX on Thursday morning tra…

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5 mins read

The tricky way the government could lower grocery prices

While some states have price gouging laws, experts say they are either too broad or too specific to…

Ayelet Sheffey   


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2 mins read

Everyone wants a plug-in hybrid, and it's sending prices soaring

Plug-in hybrid prices are on the rise at the same time EV prices are coming down.

Nora Naughton