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Zomato Q2 FY25 Results 2024: Date, Time, and Where to Watch

Zomato Q2 Results 2024: As Zomato gears up for its Q2 FY25 financial results, here’s everything you need to know about the date, time, and how to tune in for the live earnings call. Date of Zomato Q2FY25 Results Mark your calendars! The Board of Directors of Zomato will convene tomorrow, October 22, 2024, to

Q2 Results 2024 Live Updates: Bajaj Housing Finance, Cyient DLM, Mahindra Logistics, Union Bank to announce earnings today

Go to Live UpdatesQ2 Earnings 2024 Live Updates: The Q2 earnings season has started and is in full swing. Market participants will watch out for the Q2 performance of the likes of Bajaj Housing Finance, City Union Bank, Union Bank of India, Gravtia India, Cyient DLM, and Mahindra Logistics among others. The earnings so far

83% of Indian businesses see tech risks as a major threat: Report

83% of Indian businesses view technology advancements and the consequent rise is concerns around data privacy, security vulnerabilities, and regulatory compliance as major risk factors, according to Horizon Watch Emerging Risk Report 2024. The report, published by Tata AIG General Insurance and Dun & Bradstreet India, was conducted among 300 business leaders across 25 sectors

Other income rescues profits of early birds; operating margins of 164 firms shrink in Q2

The earnings season has got off to a subdued start, with virtually every heavyweight disappointing the Street. Net profits of a sample of 164 companies (including banks and financials) were up 7% year-on-year on the back of an 8% rise in revenues. But net profits would have fallen but for a 23% jump in other

CPPIB drops plans to sell 50% IndoSpace JV stake

CPP Investments (CPPIB), Canada’s largest pension fund manager, has dropped its plans to sell stake in IndoSpace Core, its equal joint venture with IndoSpace, a developer of logistics parks promoted by Southeast Asia-focused Everstone Capital and US-based Realterm, people in the know said. CPPIB did not get the desired valuation from bidders, sources said. “Also

Modern trade gets quick commerce check as users pivot online; grocery chains’ volume growth falls to 4% in July-Aug

Not just kiranas, but quick commerce is beginning to hurt organised grocery retailers in urban centres as consumers seek instant gratification and convenience. While DMart, a popular grocery chain, admitted last week that online formats were hurting sales in metro stores, NielsenIQ data sourced from the industry corroborates this trend. Sales volume growth in modern

Companies make a beeline to set up RE storage capacities

As the government looks to set up 500 gigawatt (GW) of green capacity by 2030, a key challenge is to ensure its seamless access to the Grid. This is because RE by nature is intermittent, which undermines its optimal use unless stored efficiently. Private companies such as ReNew, JSW Energy, Avaada Energy, Serentica Renewables, Gensol

RE targets can swell solar import bill to $30 billion a year

India’s renewable energy RE) ambitions could increase the country’s annual solar import bill to $ 30 billion from $ 7 billion currently with most of it coming from China and as the entire world faces the same issue in its efforts to decarbonise key countries need to unite to global scale solar manufacturing facilities, according
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End of good times! United Breweries announces suspension of beer supply to Telangana Beverages Corp on pricing dispute

Kingfisher-maker United Breweries Ltd on Wednesday announced that it has decided to suspend the supply of beer to Telangana Beverages Corporation Ltd (TGBCL), with immediate effect. The company said that it took this decision because TGBCL has not revised the basic price of its beer since 2019-2020, resulting in huge losses for the company. In

Top volume gainers today: Here are 3 stocks that surged over 5% on January 8

The markets remained rangebound today. The Sensex closed the session 50.62 points, or 0.06% lower at 78,148.49, while the Nifty finished 19 points or 0.08% at 23,688.80. However, there are some stocks that surged in trade today coupled with strong volume –  Here are the top three stocks with high volumes in a muted market

DA Hike: How much increase can central govt employees expect in next revision? Here’s the answer

7th Pay Commission News: The next dearness allowance (DA) revision for central government employees is due this month. However, the announcement will probably be made in the first week of March, as witnessed on several occasions in the past due to a lag in the release of the All-India Consumer Price Index for Industrial Workers

IT sector Q3 results preview: Seasonal furloughs to weigh on growth, margin expansion expected, say analysts

With the fiscal third quarter earnings season all set to commence this week, brokerage firms said that the Indian IT services sector is expected to post a mixed performance during the seasonally weak quarter. Q3 is traditionally considered weak due to seasonal furloughs which, per analysts, is expected to weigh down the IT sector’s growth.

Delta Autocorp IPO: GMP surges 84% on Day 2 – Is this SME IPO a subscribe?

Delta Autocorp IPO is making waves on its second day of bidding, drawing attention in the grey market with a soaring premium. A NSE SME issue, Delta Autocorp IPO is open for subscription from January 7 to January 9. Let’s take a look at the latest GMP trend, subscription status, and other key details of