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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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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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TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike

On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …

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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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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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1 min read

TCS net profit rises 9% to ₹12,434 crore in Q4

Country's largest software services company TCS on Friday reported a 9.1 per cent growth in its Ma…

PTI   


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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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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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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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Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore

The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …

PTI   


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Ola Electric Mobility losses widen to ₹347 crore in Apr-Jun quarter

Revenue from operations for the quarter under review was Rs 1,644 crore against Rs 1,243 crore …

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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3 mins read

Stock market closing: Nifty inches up marginally to close in green, Hindalco, BPCL take lead

​​Out of the 2,838 stocks traded today on NSE, 1,975 stocks advanced while 758 saw declines, and an…

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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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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

Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings

According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…

ANI   


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2 mins read

Stock market today: Sensex, Nifty inch up marginal gains to open the day in green

Asian Paints, NTPC, Hindalco, ITC, and Bharti Airtel gained early lead during the day's trade.

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1 min read

Infosys Q1FY25 results: Net profits jump 7.1%, revenue beats market estimates at Rs 39,315 crore

India's IT giant's Q1FY25 net profit surged 7.1% YoY to Rs 6,368 crore, while revenue was up 3.6% t…

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1 min read

Infosys Q1 net profit rises 7.1%, hikes FY25 growth outlook

Quarter-on-quarter the company's net profit fell 20 per cent from Rs 7,969 crore in the January-Mar…

PTI