Kalpataru Projects International Limited (KPIL) on Wednesday announced that the company along with its Joint Ventures (JVs) and international subsidiaries have secured new orders of awards of Rs 2,273 crore. The orders received are for the Transmission & Distribution (T&D) business in India and overseas market, and residential building projects in India. Also ReadMiddle class
Go to Live UpdatesQ2 Earnings 2024 Live Updates: While majority of companies across sectors including Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Mahindra and Mahindra, Bharti Airtel, HUL, ITC, Marico, Dabur India, Nestle India, L&T, Adani Enterprises, Apollo Hospitals, Mankind Pharma, Nykaa, Godfrey Phillips, LIC, SBI, Axis Bank, HDFC Bank
The urban slowdown within the domestic fast-moving consumer goods (FMCG) market that has hurt the financial performance of most majors in the September quarter is due to rising housing prices and low wage hikes, Britannia’s vice chairman and MD Varun Berry said during an earnings’ call on Tuesday. Speaking to investors, Berry said, “The first
Shiprocket, a Logistics unicorn, is betting on quick deliveries by offline merchants to fuel its next level of growth. In August this year, the Gurugram-based company launched Shiprocket Quick, an on-demand local delivery solution, to enable offline merchants to meet consumer expectations for 2-hour to same-day deliveries in categories such as food, grocery, pet care
To meet the investment requirements in the power sector owing to rising demand, the government has suggested states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges. Union minister for power Manohar Lal Khattar on Tuesday said that the country’s power sector requires an estimated investment of Rs
Around 90% of trade between India and Russia is now being conducted using local or alternate currencies while the remaining still happens in other freely convertible ones, Russian Deputy Prime Minister Denis Manturov said Tuesday. “Share of local and alternative currencies keeps growing in bilateral trade. It is now approaching 90%. We deem it necessary
Beauty and fashion firm FSN E-commerce, which operates Nykaa, posted a 66% jump in profit after tax (PAT) year-on-year to Rs 13 crore compared to Rs 7.8 crore a year ago. Revenue from operations stood at Rs 1,874.7 crore, up 24% from Rs 1,507 crore in Q2FY24. Ebitda stood at Rs 103.7 crore, up 29%
India’s merchandise exports are expected to grow 1.85% on year in October-December quarter to $ 107 billion, according to a forecast. “Non-oil exports are forecast to amount $ 91.7 billion, with a y-o-y growth of 7.39%, during Q3 of FY 2025. Non-oil and non-gems and jewellery exports are forecast to amount $ 82.7 bn, with
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the
After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will
After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading
By Anand James One point at the start of last week was how strong an offensive could the bears launch. At that point, we were just coming off a sub 25 RSI level, which had historically favoured a bounce back. But such moves also held a strong chance of fizzling out quickly. This is why
Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share. The move comes at a time when restaurants have been voicing growing concerns over high commission rates and potential conflicts of interest following
