On the third trading day of 2025 and the last of the week, investors are watching key stocks across sectors. Early trends are under focus as they could shape the market’s direction for the year ahead. As indicated by GIFT Nifty, Indian equity indices BSE Sensex and NSE Nifty 50 are likely to open higher
Zairus Master, chief business officer at Honasa Consumer, has resigned from his post and will step down on February 28, the company said in an exchange filing on Thursday. The Gurugram-based firm is the parent company of Mamaearth, The Derma Co, Aqualogica, Dr Sheth’s, BBlunt and Staze. Also ReadQ3 Update: Hindustan Zinc’s mined metal production
Dunzo co-founder and CEO Kabeer Biswas is set to exit the troubled hyperlocal delivery startup, according to a report in Moneycontrol. Biswas is exiting the firm after a decade-long stint, marking the end of founder presence at the company, which has been battling severe financial crisis for over 18 months now. Also ReadSnapdeal cuts losses
Avenue Supermarts, owner of retail chain DMart, on Thursday reported a 17.5% rise in its standalone revenue at Rs 15,565.23 crore in the quarter that ended on December 31. It had reported a revenue of Rs 13,247.33 crore during the same quarter in 2023-24. Also ReadQ3 Update: Hindustan Zinc’s mined metal production stands at 265kt
India is likely to add 30 gigawatt (GW) of renewable energy capacity over FY25 to FY26 backed by continued policy support, availability of liquidity and established growth plans of some large corporate players, reduced equipment prices, and waiver of interstate transmission system charges, analysts say. “The power supply situation is expected to improve with the
Co-working player Smartworks has leased 480,000 sq ft in a DLF property in Gurgaon at an annual rent of Rs 94.68 crore for six years. The space is located in DLF Commercial Building Block -3 in DLF City-Phase 5, Gurgaon, according to data accessed by Propstack. Also ReadQ3 Update: Hindustan Zinc’s mined metal production stands
By Krishna Barot The Gujarat government’s bid to establish itself as a semiconductor hub may have succeeded in attracting big-ticket investments but have thus far found few takers amongst the MSME sector. Industry insiders attribute this lack of enthusiasm amongst MSMEs to the stiff conditions set by the government which are proving to be a deterrent
Ketan Parekh, who was debarred by the Securities and Exchange Board of India (SEBI) two decades back after his conviction in the infamous stock market scam 2000, is back in the market regulator’s bad books. On Thursday, in an interim order, SEBI debarred Parekh, Singapore-based Rohit Salgaonkar and 20 other entities, besides impounding Rs 65.77
The department for promotion of industry and internal trade (DPIIT) has entered into a partnership with cigarette-to-consumer goods conglomerate ITC to help startups in the manufacturing sector, according to a statement on Wednesday. According to the memorandum of understanding (MoU) signed for the purpose, ITC’s experience and expertise with the market network will complement DPIIT’s
L&T Technology Services (LTTS) anticipates a decline in net hiring numbers in the coming years, driven by increasing automation and productivity improvements, Amit Chadha, CEO & MD told FE. “If we look at it year-on-year, our headcount has been flat, but we have grown 9% in rupee terms. Going forward next year, you can expect
After falling for the past five trading sessions, the rupee on Wednesday recovered 28 paise, or 0.33%, against the dollar, marking its biggest gain in over seven months, helped by a weaker dollar and a lower-than-expected trade deficit number. Intervention from the Reserve Bank of India also helped the rupee hold its ground. Also ReadStallion
Pension guidelines: The Ministry of Defence (MoD) recently came out with a uniform procedure to simplify the process of updating names and dates of birth in Pension Payment Orders (PPOs) for retired personnel and their dependents. This comes following recommendations from a Tri-Service Committee led by the Additional Director General of Military Personnel (Policy &
Food delivery giants Swiggy and Zomato are expected to moderate discounts in their core business as competition in quick commerce — another segment they are present in — intensifies, say industry experts. This shift reflects a strategic move towards sustainable pricing to balance profitability and maintain market leadership. Discounting has been a key strategy to
