Go to Live UpdatesQ2 Earnings 2024 Live Updates: With majors like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Mahindra and Mahindra, Bharti Airtel, HUL, ITC, Marico, Dabur India, Adani Wilmar, Nestle India, L&T, Adani Enterprises, Apollo Hospitals, Mankind Pharma, Dr Reddy’s Laboratories, GAIL, LIC, SBI, Punjab National Bank, Axis Bank
The big boys of India Inc have put up a relatively poor show in Q2FY25 so far compared with smaller companies, with their net sales for the September quarter rising just 3% year-on-year. This has dragged down the aggregate sales growth for a sample of 1,237 companies (excluding banks and financials and oil marketing companies)
India’s coal production from captive and commercial mines, that is output from firms other than core miners like Coal India and its arms, reached over 100 million tonnes as of November 8, according to the data from coal ministry. The cumulative production of coal from these producers reached 100.08 million tonnes as on date this
Weak numbers from the India Inc for the July-September quarter have led to the biggest downgrades in earnings estimates since early 2020, according to Jefferies. The brokerage firm said it has downgraded earnings estimates for 63% of the 121 companies under its coverage that have reported their latest quarterly results. The underwhelming growth in the
Realty firm Godrej Properties has reported a 2% increase in its net debt during the September quarter, reaching Rs 7,572 crore, as the company focuses on land acquisition and future growth strategies. The company’s net debt stood at Rs 7,432 crore at the end of the June quarter, according to an investor presentation. Also ReadAsian
Asian Paints Q2 Results: Asian Paints announced its financial results for the September quarter (Q2FY25) on Saturday, revealing a sharp 42.4% year-on-year decline in consolidated net profit, which stood at Rs 694.64 crore. This compares to a profit of Rs 1,205.42 crore during the same period last year. The company’s revenue from sales also dropped
Meghalaya’s Tourism Minister Bah Paul Lyngdoh in a recent interview talked about the state’s rich array of adventure tourism options. The picturesque region, known for its natural beauty and unique landscapes, offers visitors “plethora of adventure tourism offerings”, according to Lyngdoh, such as caving in some of the world’s longest caves, and water sports including
From Buddhist Circuit to the Puri-Konark Heritage Corridor, from adventure sports to authentic local life experience, the state of Odisha has a lot to offer. Deputy CM and Tourism Minister of Odisha Pravati Parida agrees on the same when she recently emphasized on the state’s “limitless potential of tourism” in an interview. The Deputy CM
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
