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Bikaji Foods Q2 Results: Profit rises by 13% to Rs 61.19 crore, revenue up 18.5% YoY on festive demand

Bikaji Foods International Ltd released its fiscal second quarter earnings with profit at Rs 69.16 crore, up 13.0 per cent in comparison to Rs 61.19 crore during the same period of previous financial year. It posted revenue from operations at Rs 721.17 crore, up 18.5 per cent as against Rs 608.69 crore during the corresponding

ITC shares jump over 4% as revenue growth beat estimates; Should you Buy, Sell, Hold?

Shares of ITC gains over 4% to intra-day high of Rs 491 on NSE today after the diversified conglomerate announced its financial results for the quarter ended September 2024. ITC Ltd reported a consolidated net profit of Rs 4,993 crore for Q2 FY25, reflecting a modest 2% increase from Rs 4,898 crore in the corresponding

Blinkit rolls out EMI option for users

Blinkit, the quick commerce arm of food delivery major Zomato, has introduced an option to purchase items priced above Rs 2,999 on equated monthly instalments (EMI). This comes just a month after its rival Zepto offered early access to some users to its buy now pay later (BNPL) offering, Zepto Postpaid. Blinkit CEO Albinder Dhindsa

IndusInd Bank shares hit 15% lower circuit after Q2 earnings disappoint – Here is what’s worrying investors

Private sector lender IndusInd Bank plunges 15% to hit intra-day low of Rs 1088.05 on NSE after posting its Q2 FY25 earnings, with a notable 39% year-over-year (YoY) decline in net profit. The bank’s latest results, released Thursday, also show moderate growth in net interest income (NII) but miss market profit expectations. Net Profit Falls

ITC Share Price Today Live Updates, 25 Oct, 2024: ITC on the radar

Go to Live UpdatesITC Share Price Today Live Updates, 25 Oct, 2024: The ITC share is in news and the counter closed trade on 24 Oct, 2024 at Rs 471.85. The shares touched an intraday high of Rs 482.95 in the last trading session while the intraday low was at Rs 470.00. The company’s market

IndusInd Bank Share Price Today Live Updates, 25 Oct, 2024: IndusInd Bank on the radar

Go to Live UpdatesIndusInd Bank Share Price Today Live Updates, 25 Oct, 2024: The IndusInd Bank share is in news and the counter closed trade on 24 Oct, 2024 at Rs 1278.90. The shares touched an intraday high of Rs 1285.65 in the last trading session while the intraday low was at Rs 1259.00. The

Who is Navya Haridas, BJP’s pick for Wayanad Lok Sabha seat to take on Priyanka Gandhi Vadra?

The BJP has nominated councillor Navya Haridas for the high-profile Wayanad Lok Sabha seat in the upcoming bypolls. She will face Congress candidate Priyanka Gandhi Vadra, who is making her electoral debut in Wayanad and is set to file her nomination today. Speaking to The Indian Express, Navya Haridas said that she was surprised by

Priyanka Gandhi files nomination for Wayanad Lok Sabha bypoll after grand roadshow

After holding a grand roadshow, Congress general secretary Priyanka Gandhi on Wednesday filed her nomination for the upcoming Wayanad Lok Sabha bypoll, marking her entry into the political arena. The by-election for Wayanad Lok Sabha seat in Kerala became necessary after Rahul Gandhi, who won the Lok Sabha polls from this constituency and Rae Bareli

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Regulatory clarity and risk-sharing tools critical to Budget’s power sector reforms

The Budget 2025-26 paved the way for the crucial reforms needed in the power sector – strengthening of the distribution and transmission segment while enabling a clear path for the non-fossil energy to meet the country’s net zero targets.  However, while the industry welcomes the measures, it  remains cautious of clear regulatory frameworks and risk-sharing

Taxpayers alert! You will now pay 70% additional tax if filing updated tax return after…

The Budget 2025 has proposed to extend the time limit to file updated income tax returns (ITRs) for any assessment year from the current limit of two years to four years, but that comes at a cost. In her Budget 2025 speech, Finance Minister Nirmala Sitharaman announced a proposal to extend the time limit for

Size of Income Tax-Act to reduce by half in new Bill: CBDT chief

The government has tried to remove redundancies in the Income Tax Act-1961, under the Bill to be tabled next week. The language has been made simpler, to the extent feasible, and the presentation has been made user-friendly, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal told Priyansh Verma in an interview. On the implementation

Markets to focus on earnings, RBI policy

Despite a number of positive announcements in the Budget, the stock markets failed to cheer on Saturday, with the benchmark indices ending flat. Barring FMCG, real estate and consumer-driven sectors ― expected to benefit from tax-cut measures ― most other sectors saw a limited movement. Shares in infrastructure, oil & gas and energy sectors experienced

Market valuation of 7 top firms soars by Rs 1.83 lakh cr, Hindustan Unilever biggest gainer, TCS, Airtel saw declines

The combined market capitalisation of seven of the top 10 most valued companies surged by Rs 1.83 lakh crore last week, with Hindustan Unilever emerging as the biggest gainer. During the week, the BSE benchmark rose by 1,315.5 points, or 1.72%, while the Nifty gained 389.95 points, or 1.68%. Equity markets remained open on Saturday