Adani Wilmar on Thursday reported its fiscal second quarter profit at Rs 311.02 crore in comparison to a loss of Rs 130.73 crore reported during the corresponding quarter of FY24. It posted revenue from operations at Rs 14,460.45 crore, up 17.9 per cent as against Rs 12,267.15 crore during the same period of previous financial
Amid Germany’s pressing need for skilled labour, upcoming talks between Prime Minister Narendra Modi and Chancellor Olaf Scholz are expected to concentrate on two major topics: the movement of Indian talent to Germany and the long-discussed India-EU Free Trade Agreement (FTA). With Germany facing a workforce shortage, these discussions which will take place in New
Adani-owned ACC Ltd on Thursday reported its fiscal second quarter earnings with a profit decline of 48.5 per cent at Rs 199.66 crore in comparison to Rs 387.85 crore recorded during the corresponding quarter of FY24, missing estimates. It posted revenue from operations at Rs 4,613.52 crore, up 4.0 per cent as against Rs 4,434.73
Deepak Builders & Engineers opened its IPO on October 21 and closed on October 23. It raised a sum of Rs 260.04 crore. The company’s IPO price band ranged between Rs 192 to Rs 203 per equity share. The allotment of the shares is likely to be finalised on October 24. Here’s how you can
Sona BLW Precisions Forgings shares rallied as much as 11% to an intra-day high of Rs 714. The surge in stock price came a day after the auto components maker reported a 16% jump on year in its net profit standing at Rs 143.57 crore in Q2 FY25, compared to Rs 124.06 crore in Q2
Maharashtra Elections, Shiv Sena candidate list: In the run-up to the upcoming Maharashtra Assembly polls, the Eknath Shinde-led Shiv Sena party has announced its first list of 45 candidates, featuring Chief Minister Eknath Shinde, who has been fielded from the Kopri-Pachpakhadi Assembly constituency, while Sada Sarvankar will go head-to-head against Amit Thackeray, Raj Thackeray’s son
Days after BJP and Congress’ lists were announced for the upcoming Jharkhand elections, the Jharkhand Mukti Morcha (JMM) released its first list of 35 candidates on Wednesday, fielding Chief Minister Hemant Soren from Barhait and Kalpana Soren from the Gandey segments. The 81-member Jharkhand Assembly will vote in two phases — on November 13 and
The entry-level off-road capable motorcycle segment has been dominated by the Hero Xpulse 200 for a while now. The motorcycle was a capable off-roader right out of the showroom floor and for those interested in having a hardcore off-roader, Hero offered the Rally kit with longer suspension and other bits. Now, Kawasaki wants in as
Reliance Retail has launched the ‘Shein India Fast Fashion’ app, reviving Shein’s presence in India after a five-year hiatus. The Chinese fashion giant had been banned in 2020 alongside other Chinese apps like TikTok, following escalating diplomatic tensions and concerns about data security. Founded in 2012 and later headquartered in Singapore, Shein became known for
Finance Minister Nirmala Sitharaman introduced significant changes to tax slabs under the new tax regime in the Union Budget yesterday, resulting in positive changes to the taxes you will pay for the financial year 2025-26. In her Budget speech, the FM stated that individuals earning up to Rs 12 lakh will pay NIL tax. However
In a bid to provide a fillip to Gujarat’s GIFT City, FM Nirmala Sitharaman announced several measures to further incentivise investment in Prime Minister Narendra Modi’s pet project. The incentives doled out in the Union Budget include a slew of incentives aimed at promoting investment, employment and off-shore funding at GIFT’s International Financial Services Centre
India Post, which has 150,000 rural post offices and 240,000 Dak Sewaks, will be repositioned to act as a catalyst for the rural economy, with its role being transformed as a large public logistics company. Also ReadTurn export challenges into opportunities with strategic road map The department, which has a Payment Bank — India Post
In line with the industry expectations and the target of achieving net-zero, the government announced a series of policy reforms aimed at promoting nuclear energy adoption and strengthening of the country’s electricity distribution and transmission sector. Also ReadNestle India misses estimates on weak urban demand The government envisages a 100 gigawatt (GW) of nuclear energy
