Turkey is one of the key expansion destinations for Jubilant FoodWorks (JFL). One of India’s leading fast-food giants, Jubilant listed out its growth plans for FY26 after the announcement of the Q4FY25 results, and Turkey features prominently in it. Notwithstanding the current ‘boycott Turkey‘ calls on social media, Jubilant assures shareholders that “operations in the
The market momentum suddenly gathered pace in afternoon trade on expiry day with the Sensex and Nifty shooting up significantly from morning levels. The Sensex has jumped 1,300 points to over 82,600 levels and the Nifty is now cruising past the 25,000 levels for the first time since October, 2024. Apart from supportive global cues
Systematic Investment Plan (SIP) in mutual funds have emerged as a preferred choice for investors aiming for wealth creation through equities. Investing in mutual funds SIP works just like like recurring deposits (RD) with a bank, where you deposit a fixed sum of money regularly. The only difference here is that your money is deployed
The pharma sector is staring at more uncertainty ahead after US President Donald Trump signed a new executive order on May 12, mandating that US drug companies align prices with other developing nations. Typically, the prices in the US are much higher, often 2-5x) than that in other countries where the government negotiates for lower
The brokerage firm Motilal Oswal has turned cautious on select stocks. The firm has given a ‘Sell’ call on these three stocks which include Thermax, Fine Organic Industries, and Relaxo Footwears, indicating challenges in growth, margins, and valuations. Here’s a look at the three stocks Motilal Oswal believes could face further pressure- Thermax: Sell with
Mumbai, Delhi and Karnataka would lead the direct tax collection charge with enhanced targets for FY26 as the Centre has pegged a collection growth of 13.2% at Rs 25.2 lakh crore for the year, despite substantial income tax relief in the budget. ALSO READNearly 1000 flights cancelled since the start of Operation Sindoor As
Reliance Power Limited on Monday announced that its subsidiary Reliance NU Energies Private Limited has bagged the largest allocation in SJVN’s tariff-based competitive bidding process, securing an allocation of 350 MW of solar generation capacity coupled with 175 MW/700 MWh of battery energy storage system (BESS). Post this announcement, shares of Reliance Power surged 10.01
The Raymond Group, one of India’s well known and iconic brands in the lifestyle industry is now reshaping its corporate structure in a major way. After spinning off its fashion business last year, the company has now plans to demerge its real estate business as a standalone entity. Let’s take a look at the four
Tata Consultancy Services left people stunned at the end of July after announcing plans to lay off more than 12,000 employees. The move has left many IT sector workers unnerved and sparked growing concerns about similar cuts in other companies. A growing call for AI and automation has incidentally led to the loss of more
Beating analysts’ estimates by a narrow margin, Tata Power on Friday posted a 9.2% growth in profit at Rs 1,060 crore in Q1FY26 as compared to Rs 971 crore in Q1FY25. Sequentially, profits grew 1.6%. Analysts had predicted a profit of Rs 1022 crore. The company beat analysts’ estimates on the revenue front also, posting
Asset Reconstruction Company (India) Limited, pioneer in the asset reconstruction industry and the first ARC to be incorporated in India, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The IPO comprises of an offer for sale of up to 105,463,892 Equity Shares of face value
New Income Tax Bill, 2025: The Centre has taken a big step towards making the tax system simple and transparent in the country. The Modi government introduced the ‘Income Tax Bill, 2025’ in Parliament during the budget session this year to replace the existing Income Tax Act, 1961. This Bill, after being introduced in the
ITC Ltd on Friday released its fiscal first quarter earnings report with a profit growth of 3.21 per cent to Rs 5,343.41 crore in comparison to Rs 5,176.99 crore recorded during the corresponding quarter of FY25. It posted revenue from operations at Rs 23,129.35 crore, reporting a growth of 19.53 per cent as against Rs