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
Mahindra Lifespace Developers on Friday said its subsidiary Anthurium Developers, has entered into a joint development agreement with warehousing and logistics solutions player GKW for developing a nearly 37-acre land parcel located in Kanjur, Bhandup West, Mumbai. This land parcel has a development potential of about nearly approximately 3.6 million square feet. The project will
The central government will collaborate with the Goa government to create a framework to attract high-tech industries, including data centres and semiconductor facilities, aiming to establish a “mini Silicon Valley” in Goa, commerce and industry minister Piyush Goyal said on Friday. “In this framework, we envision developing Goa as a preferred destination for data centres
Despite the issue being flagged in many quarters, a large number of vacancies in the company law tribunals remains unfilled, resulting in a slowing of the process of insolvency resolution. This was highlighted by the Supreme Court while ordering the liquidation of grounded Jet Airways. “One another serious issue pertaining to the functioning of the
RITES Ltd, the engineering consultancy arm of Indian Railways, is aiming to increase the ratio of export in total revenue from under 1% now to 20-25% in the next three years and sustain it at that level, chairman and managing director Rahul Mithal told FE. “In the past 9-10 months, we’ve received orders worth Rs
India has the option to take up the matter of sanctions on 24 companies by the US with the World Trade Organisation (WTO) or International Court of Justice (ICJ) but is is more likely to engage in direct diplomacy with Washington to address its concerns, according to a report. Th country may seek exemptions for
When an investment matures, you face a crucial decision: withdraw the funds or reinvest them for future growth. The right choice depends on your financial goals, market conditions, and liquidity needs. Reinvesting can help build wealth through compounding, while withdrawing may be ideal for immediate expenses or reallocating to better opportunities. Understanding the pros and
With Bharti Airtel and Reliance Jio announcing their respective agreements with SpaceX, JM Financial said that this tie-up is largely neutral for the two telecom companies and there seems to be no significant risk to growth potential for Indus Towers. Currently, the agreement between the two telcos and SpaceX is limited to distributing Starlink’s satellite
OLA Electric Mobility has been continuously in the eye of the storm. The share price fell below Rs 50 per share on the National Stock Exchange, down 6.2% intra-day. This is after Rosmerta Digital Services initiated insolvency proceedings against OLA Electric Mobility’s wholly-owned subsidiary, Ola Electric Technologies, for non-payment of incurred services. Rosmerta initiates bankruptcy
Wipro shares fell 0.9% to an intra-day low of Rs 261.70 after it realigned the global business with clients’ needs. The stock was among the major losers on Nifty and has lost 13% year to date. The restructuring in global business line comes amidst the US recessionary concerns and challenging macroeconomic conditions. Also, the company
Infosys is back in the spotlight as investors keep a close watch on the IT giant following recent developments. From its upcoming quarterly earnings to stock performance trends, here are five key things to know about Infosys shares right now. Infosys: Quarterly earnings on the radar The countdown has begun for Infosys Q4 results. The
