Q2 Earnings Result 2024-25: The Q2 earnings season is underway. Several notable companies will announce their Q2 earnings in the upcoming week from October 28 to November 2. From the earnings announcement of major firms, including Adani Power, Bharti Airtel, and Maruti Suzuki to Tata Technologies and Adani Enterprises, these firms will present their Q2
JSW Energy Limited on Wednesday announced that its step-down subsidiary JSW Renew Energy Eleven Limited has signed Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI), for ISTS connected 700 MW solar capacity awarded under SECI Tranche XIII. In a regulatory filing, the company said that the PPA is signed for supply
By Bharat Gite India’s manufacturing sector stands at a pivotal juncture today. We aim to increase the sector’s GDP contribution to 25% by 2025. Simultaneously, a powerful convergence of Industry 4.0 technologies and ESG requirements is reshaping the industry. For manufacturers in India, this shift is not optional any more. It is a strategic necessity
Indian apparel exporters are expected to register a revenue growth of 9-11 per cent in FY2025, stated a report by ICRA. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted
Shoppers Stop Ltd announced its fiscal second quarter earnings with a loss of Rs 20.59 crore in comparison to a profit of Rs 2.73 crore recorded during the corresponding quarter of FY24, due to subdued demand. It posted revenue from operations at Rs 1,114.87 crore, up 7.3 per cent as against Rs 1,039.12 crore during
By B.M Sharma Every year, the fashion and textile industries contribute billions of dollars to the global economy. Conversely, they have an adverse environmental impact. Approximately 20% of water pollution and 10% of greenhouse gas (GHG) emissions emerge from textiles. By 2030, the fashion sector’s GHG emissions are anticipated to soar by more than 50%.
By Vikas Gaba and Ruchika Chawla Power distribution is a critical link in the electricity value chain, interfacing with the end-customers and the only revenue source for the entire value chain. As distribution utilities continue to provide reliable and affordable electricity to all, they need to address both traditional grid challenges such as grid reliability
Go to Live UpdatesQ2 Earnings 2024 Live Updates: With majors across segments and all of the IT services giants having released their Q2 results, the fiscal second quarter earnings season is now in full swing. Firms like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bank of Maharashtra, Nestle India, Axis
Capital markets regulator SEBI barred five individuals from the securities markets for one year and directed them to impound illegal gains of nearly Rs 1.53 crore made from their front-running activities.The regulator also imposed a penalty of Rs 10 lakh on Nikhil Khaitan, Rs 5 lakh on Om Prakash Khaitan, Manju Khaitan, Neha Khaitan, and
In a testament to India’s burgeoning luxury real estate market, there has been an unprecedented surge in ultra-luxury residential sales. Over the past three years, a staggering 49 ultra luxury homes, each commanding a price tag of Rs 100 crore or more, have changed hands in the country’s premier metropolitan hubs of Mumbai and Delhi-NCR
The Reserve Bank of India (RBI) is likely to go for a rate cut in its April MPC meeting, which may prompt banks to lower the interest rates on their fixed deposits further. It may be noted that some of the banks and financial institutions have already reduced their FD rates following the 25 bps
In a recent Twitter post Elon Musk announced that “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk had bought Twitter/X for $44 billion in 2022. Therefore, for all practical purposes, there is a clear loss of over $11
As the financial year FY26 begins, the last trading session of FY25 comes with a festive pause. Indian stock markets will remain closed on Monday, (March 31), on account of Eid-Ul-Fitr (Ramzan Id). This marks an extended break for investors, with trading resuming on Tuesday, April 1. No trading on BSE, NSE on March 31
