Petronet LNG on Thursday reported a surge of 4% in its consolidated net profit on year at Rs 848.99 crore in the quarter ended September. However, on a sequential basis, the company’s net profit declined by as much as 23% due to a decline in the revenue from operations. The company’s revenue from operations for
JSW Energy reported a flat net profit of Rs 853.26 crore in Q2FY25, marginally higher than the Rs 850 crore it posted in the same quarter last year. The net profit slightly exceeded Bloomberg’s consensus estimate of Rs 842 crore. Revenue from operations remained flat at Rs 3,238 crore in Q2FY25, compared to Rs 3,259
ITC Ltd on Thursday reported its fiscal second quarter earnings with profit at Rs 4992.87 crore, up 1.9 per cent in comparison to Rs 4898.07 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 22,281.89 crore, up 15.6 per cent as against Rs 19,270.02 crore during the same period of
TVS has launched a new variant of Raider called Raider iGo to celebrate one million unit sales of the 125cc motorcycle. Priced at Rs 98,389 (ex-showroom. Delhi), the Raider iGo gets a boost feature, just like the new Jupiter 110 does, which gives the rider an additional 0.55 Nm of torque, claims TVS. TVS Raider
One of the most eagerly awaited motorcycles is the new KTM 390 Adventure, which sees a big update in design to suit its name. While we have seen the motorcycle in multiple spy shots over time, new details have leaked regarding some crucial specifications of the motorcycle ahead of its launch. Here are the details.
The Reserve Bank of India has refused to approve Religare Enterprises’ application to appoint Rakesh Asthana as a director on its board, the company said in an exchange filing on Thursday. “…it is advised that your proposal to appoint Sh. Rakesh Asthana as a director on the board of Religare Enterprises Limited does not have
Modern-day car buying is a bit more than walking into a showroom, paying, and driving out. There is a waiting period and one of the carmakers who has been in the news for this is Mahindra, and this is a pain for customers wanting to buy the new Mahindra XUV 3X0 since the waiting period
Property values in eight key residential markets across India have strengthened over the past year, driven by an increase in construction costs, according to data from PropTiger.com. A recent report from PropTiger.com indicates that the average property prices in the majority of the cities examined saw double-digit increases in the third quarter of 2024 (Q3CY2024)
In a bid to make the settlement of provident fund claims easier for members, the Employees’ Provident Fund Organisation (EPFO) has introduced major changes to the withdrawal process. No need to upload image of cheque leaf The first change announced by the EPFO is removing the requirement to upload an image of a check leaf
The global carnage has had its impact in India too. The Sensex and the Nifty are both down 1% each and the broader market see further damage. The BSE Smallcap Index is down nearly 3% and the BSE Midcap Index is down 2%. The big Index losers include metal stocks, pharma and IT. ONGC, Vedanta
The bears are resurfacing across the smallcap universe after the US markets saw the biggest decline in five years since 2020. The BSE Smallcap index cracked 1,578 points, or 3.3%, to hit a low of 45,916.24 level. The index is 20.5% below its recent all-time high of 57,827.69 and it’s just 10% away from its
Rupee appreciated 34 paise to 84.96 against the US dollar in early trade on Friday, as the greenback’s broad-based weakness following the impact of Trump’s tariffs offered relief to emerging market currencies, including the rupee. The key catalysts for the rupee’s rebound include the fall in crude oil prices and the weakness of the American
Mallika Srinivasan can be described in many ways: India’s `tractor queen’ making an indelible impression in a heavily male-dominated industry; a thought leader; a strategist as well as a well-known philanthropist with an abiding interest in ensuring development of agriculture, education, and healthcare in India. As chairman and managing director of Tractors and Farm Equipment
