HDFC Bank has reported a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore in its first quarter results against Rs 16,475 crore a year ago. However, it reported a 12.2 per cent increase in its standalone net profit to ₹18,155 crore, up from ₹16,175 crore last year. The bank’s performance was
JSW Steel Ltd on Friday released its fiscal first quarter earnings report with profit at Rs 2,209 crore, surpassing estimates. The company reported a surge of 154.79 per cent in comparison to Rs 867 crore recorded during the corresponding quarter of FY25. The performance was buoyed by robust domestic demand and lower input costs. JSW
LTIMindtree Ltd on Thursday released its fiscal first quarter earnings report with profit at Rs 1,254.10 crore, posting a growth of 10.61 per cent in comparison to Rs 1,133.80 crore recorded during the first quarter of FY25. It posted revenue from operations at Rs 9,840.60 crore. This was 1.63 per cent higher than Rs 9142.60
The market regulator, the Securities and Exchange Board of India (SEBI), has granted renewal of the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) to act as a clearing corporation for a three-year three years period. Beginning from July 31, the renewal will be valid till July 30, 2028. ALSO READStocks making the biggest
India has achieved 50% of its installed energy capacity from renewable sources. The achievement comes 5 years before the set target of 2030 under the Paris Agreement, says the Ministry of New and Renewable Energy. Pralhad Joshi, Union Minister for New and Renewable Energy, said in a post on X that India’s total installed energy
HDFC Bank has completed its first full financial year after merging with HDFC. With the integration phase now behind, the bank is focusing on growth and transformation. As per a report by CNBC-TV18, in FY25, the bank’s deposits grew 2.5 times faster than its loans. This helped bring down the credit-to-deposit ratio to 96 per
By Sugandha Mukherjee When women field staff at Dr Reddy’s Laboratories began complaining of persistent headaches, the culprit was not stress; it was their helmets. The protective headgear, designed for men, was heavy and caused discomfort. For a role that involves riding to meet doctors up to 13-14 times a day, it was a barrier.
E-commerce giant Flipkart has rolled out a new liquidity event for eligible employees holding vested stock options. Employees who were with the company between July 6, 2022, and July 5, 2025, will have the option to sell up to 5% of their vested ESOPs, according to an internal email to staff from CEO Kalyan Krishnamurthy.
When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement
India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom. In the second quarter of 2025, the country added 2.7 GW of solar open access capacity. ALSO READOrder
Cement stocks are once again on Dalal Street investors’ radars with the monsoon season expected to get over the next 2-3 weeks and peak construction activity expected to restart in most parts of the country. Also, with the government recently announcing that GST on cement industry would shortly fall to 18% from 28%, and lower
8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National
The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO
