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Swiggy Q3 Results: Loss widens to Rs 799.08 cr; food delivery margin expansion balanced by investment in Q-commerce

Food delivery company Swiggy on Wednesday released its fiscal third quarter earnings report wherein it recorded a widened loss of Rs 799.08 crore in comparison to a loss of Rs 574.38 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 3993.07 crore, up 30.98 per cent as against Rs

Naukri-parent Info Edge Q3 Results: Profit surges 141.46% to Rs 288.42 crore on ‘consistent performance’ across four verticals

After its stock split announcement, Info Edge (India) on Wednesday released its fiscal third quarter earnings report. It posted a profit of Rs 288.42 crore during quarter, reporting a jump of 141.46 per cent in comparison to Rs 119.45 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 722.40 crore

Calvin Klein, Tommy Hilfiger retailer Arvind Fashions’ Q3 profit rises by 58.20% to Rs 47.65 cr despite muted market conditions

Arvind Fashions, which retails international brands such as Arrow, Calvin Klein and Tommy Hilfiger in India, on Wednesday released its fiscal third quarter earnings with profit at Rs 47.65 crore, posting a growth of 58.20 per cent in comparison to Rs 30.12 crore during the same period of FY24. It reported Q3 revenue from operations

JSW Energy receives LoA for 1.6 GW TPP from WBSEDCL, achieves 30 GW capacity milestone

JSW Energy on Wednesday announced that it has received letter of award (LoA) from West Bengal State Electricity Distribution Company Limited (WBSEDCL) for development and operation of 1,600 MW thermal power plant (TPP). In a regulatory filing, the company said, “ “JSW Energy Limited (the company) has received letter of award (LoA) from West Bengal

Q3 Results 2025 Live Updates: Swiggy, Reliance Power, Page Industries, Kansai Nerolac Paints, others releasing Q3 results today

Go to Live UpdatesQ3 Earnings Today Live Updates: A number of major companies across sectors have released their Q3 results and now the quarter earnings season is coming close to its end. Till now, companies including Reliance Industries Ltd, Nestle India, Vedanta, Zomato, Hyundai Motor, Tata Motors, Maruti Suzuki India, L&T, Paytm, Asian Paints, Titan

Zomato gets relief as GST authorities drop Rs 5.9 crore tax demand

Food and grocery delivery giant Zomato has received relief from tax authorities as a demand for Rs 5.9 crore in unpaid Goods and Services Tax (GST) has been dropped. Also ReadPepsiCo records double-digit growth in India In a regulatory filing, Zomato stated that it had received a favorable order from the Commissioner (Appeals) in Gurugram

PepsiCo records double-digit growth in India

FMCG major PepsiCo on Tuesday reported double-digit organic growth in both its convenient foods and beverage categories in India, even as it witnessed a weak demand for its sodas and snacks in the United States, its largest market. “Convenient foods unit volume grew 2%, primarily reflecting mid-single-digit growth in South Africa and double-digit growth in

Thermax PAT down 52%

Thermax reported a 52% year-on-year decline in net profit to Rs 114 crore for the December quarter. The company noted that the previous year’s Q3 profits included an exceptional gain of Rs 126 crore from the sale of land. Revenues during the quarter grew by 8%, totaling Rs 2,508 crore. However, order bookings decreased by
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Zerodha’s Nithin Kamath on SEBI’s new algo trading rules: API limits, strategy restrictions and other key details

Retail traders using broker APIs for automated trades now have new regulations to consider. The market regulator SEBI has rolled out a framework to regulate retail participation in algorithmic trading. Zerodha co-founder Nithin Kamath took to X, formerly Twitter to break down the key points of the new regulations for traders relying on broker APIs

Bank stocks in focus as RBI cuts Policy rate by 25 bps

Banking stocks are in the limelight as the Reserve Bank of India slashed the key lending rates by 25 basis points to 6.25% from 6.5%. The RBI Governor added that “Bank liquidity buffers are sufficient. Though the net interest margin (NIM) moderated, return on assets (RoA) and return on equity (RoE) are robust. The system-level

ITC Share Price Today Live Updates, 07 Feb, 2025: ITC on the radar

Go to Live UpdatesITC Share Price Today Live Updates, 07 Feb, 2025: The ITC share is in news and the counter closed trade on 06 Feb, 2025 at Rs 441.4. The shares touched intraday high of Rs 450.1 in the last trading session while the intraday low was at Rs 438.25. The company’s market capitalization

RBI announces additional authentication layer for online international digital payments

Newly appointed RBI Governor Sanjay Malhotra on Friday announced a 25-bps repo rate cut, giving much-needed relief to home and other loan borrowers who have long been waiting for their respective banks to slash rates. It, however, has to be seen how banks respond to RBI rate cut and whether they pass on this benefit

RBI Cuts Repo Rate by 25 bps: What should homebuyers do now?

In a widely-anticipated move, the Reserve Bank of India (RBI) has announced a 25-basis point (bps) reduction in the repo rate, marking a significant step to ease borrowing costs and stimulate economic growth. The decision, unveiled by RBI Governor Sanjay Malhotra on Friday, February 7, follows extensive deliberations by the Monetary Policy Committee (MPC). The