Adani Ports And Special Economic Zone Ltd on Thursday released its fiscal third quarter earnings report with profit at Rs 2,520.26 crore, posting a growth of 14.12 per cent in comparison to Rs 2,208.41 crore recorded during the same period of previous fiscal year. It posted revenue from operations at Rs 7,963.55 crore for the
Indian stock markets closed on a positive note Thursday. The NSE Nifty 50 climbed 86.40 points or 0.37%, settling at 23,249.50, while the BSE Sensex surged 394.88 points or 0.52% to end the session at 76,927.84. Banking stocks also participated in the rally, with the Bank Nifty advancing 146 points or 0.30% to close at
Dr Agarwals Healthcare, a company engaged in the business of eye care, opened its subscription window on January 29 and is set close on January 31, with an IPO price band set between Rs 382 to Rs 402 per share. Let’s take a look at the subscription status of this mainboard issue so far on
The share price of the de-merged entity ITC Hotels trades in the red for the second consecutive session. The stock fell 5% to an intra-day low of Rs 163.25 on Thursday a day after listing. ITC Hotels was listed on NSE and BSE on January 29. The share price of ITC Hotels fell as much
As the much-anticipated Budget 2025 approaches, India’s salaried class is hoping for reforms from Modi 3.0 that could alleviate financial burdens and enhance disposable income. Representing a significant portion of the taxpayer base, the salaried workforce is looking for a more inclusive and supportive financial framework. Their expectations range from tax reforms and higher exemptions
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025 on February 1, homebuyers are hopeful for reforms that enhance affordability, streamline regulations, and uplift real estate market sentiment. High interest rates and taxation continue to put financial pressure while rising inflation has dampened demand in the mid and affordable housing segments.
New CGHS guidelines issued! In a major move to streamline the approval process for some essential services about respiratory devices, the Ministry of Health and Family Welfare has announced a complete transition to an online system for processing permissions related to CPAP, BiPAP, and oxygen concentrators under the Central Government Health Scheme (CGHS). The new
Whirlpool of India Ltd on Thursday said that its holding company Whirlpool Corporation has announced its intention to sell down its ownership interest in Whirlpool of India Ltd to approximately 20 per cent by mid to late 2025. Currently, the company holds 51 per cent ownership in Whirlpool India. In a regulatory filing, Whirlpool of
Go to Live UpdatesQ3 Results Today Live Updates: With a number of major companies across sectors already having released their Q3 numbers, the fiscal third quarter earnings season is now in full swing. Till date, majors like Reliance Industries Ltd, TVS Motor, Zomato, Hyundai Motor, Tata Motors, Maruti Suzuki India, L&T, Paytm, Adani Enterprises, Adani
State-run oil giant Oil and Natural Gas Corporation (ONGC) is set to release its financial performance for the quarter ending December 2024 today, January 31. The announcement, which will include both standalone and consolidated financial statements, is one of the most awaited updates for investors in the oil and gas sector. Here are some key
By Brijesh Bhatia The January Futures and Options (F&O) expiry ended on a sour note, with the benchmark indices suffering a decline of nearly 500 points, or about 2%. This downturn marked a six-month low, with heightened fear on Dalal Street, particularly as mid-cap stocks faced severe selling pressure. With the Union Budget set to
By Amriteshwar Mathur The steel industry has been facing multiple headwinds with surging steel imports from south-east Asian nations over the past few quarters along with sluggish growth trends in the domestic economy, given a slowdown in government spending on infrastructure projects. It’s no surprise that steel companies reported near 8-9 % y-o-y fall in
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 are poised to see a muted start on Friday. Also, Asian markets opened majorly on a higher note in early trade hours. Previously, on Thursday, the NSE Nifty 50 closed the session 86.40 points or 0.37% higher at 23,249.50, while the BSE
