Jewellery stocks surged after the Indian government reduced basic customs duty on gold and silver to 6%. Senco Gold, Rajesh Exports, and PC Jeweller saw significant gains.

SAIF Partners has sold a 5.8% stake in Senco Gold for Rs 433 crore. The shares were disposed of at an average price of Rs 960.02 apiece. SAIF Partners' shareholding in Senco Gold declined to 4.97%...

Senco Gold aims for 15-20% revenue and profit growth in FY'25 despite rising gold prices. The company plans to open 15-20 new stores, with a focus on expansion in the west and south.

Malabar Gold & Diamonds, Titan, Kalyan Jewellers and more Indian brands make the global top 100 luxury goods list. Learn about their ranking and the growth of India's luxury market.

Senco Gold reports a 5.8% increase in consolidated profit after tax to Rs 109.32 crore in Q3 FY24, driven by strong revenue growth. The company also launched 18 new showrooms.

India's government has ruled out mandating ethanol blending with diesel due to concerns over fuel tank deposits and other implications, but is focused on increasing petrol blending up to 20% by 2025.

Adani Total Gas reported a 20% rise in Q1 net profit driven by higher CNG and piped cooking gas sales. Revenue grew 9% to Rs 1,237 crore. CNG sales were up 20% at 153 mmscm.

Vedanta Nico partners with US-based AEsir Technologies to supply nickel for next-generation batteries, focusing on EV, 5G, and critical infrastructure applications.

India's power generation capacity has grown 80% in the last 10 years, reaching 4.46 GW in June 2024, with significant increases in coal-based and renewable sectors.

Adani Wilmar reported a consolidated net profit of Rs 313.20 crore for the April-June quarter, a significant turnaround from a loss in the same period last year.

India's government has ruled out mandating ethanol blending with diesel due to concerns over fuel tank deposits and other implications, but is focused on increasing petrol blending up to 20% by 2025.

CSB Bank's net profit for Q1 FY24 declined by 14% to Rs 113 crore due to an increase in bad loans. Gross NPAs rose to 1.69% of gross advances.

Adani Total Gas reported a 20% rise in Q1 net profit driven by higher CNG and piped cooking gas sales. Revenue grew 9% to Rs 1,237 crore. CNG sales were up 20% at 153 mmscm.

Vedanta Nico partners with US-based AEsir Technologies to supply nickel for next-generation batteries, focusing on EV, 5G, and critical infrastructure applications.

PwC India and Microsoft India partner to enhance incident response and recovery capabilities using Microsoft Copilot for security, bolstering cybersecurity for enterprises.