Avenue Supermarts, the parent company of D-Mart, saw its shares rise over 4% after reporting a 17.45% increase in net profit for the June quarter.

Avenue Supermarts, owner of D-Mart, reported a 17.45% increase in Q1 net profit to Rs 773.68 crore, driven by improved sales in general merchandise and apparels. Revenue from operations rose 18.57%...

Avenue Supermarts Ltd, owner of D-Mart, reported an 18.36% rise in revenue to Rs 13,711.87 crore for the June quarter. The company now has 371 stores, including one temporarily closed in Rajkot.

Avenue Supermarts, owner of D-Mart, reported a 22.39% increase in net profit for Q4 FY24, reaching Rs 563 crore. Revenue also grew significantly, driven by strong performance in general merchandise...

HDFC Mutual Fund has sold a 2% stake in VST Industries for Rs 122 crore through open market transactions. Radhakishan Damani, promoter of Avenue Supermarts, has bought a 1.5% stake in the company.

Fineotex Chemical Ltd raised Rs 342.55 crore through the issuance of equity shares and warrants on a preferential basis. The company will use the funds for organic and inorganic growth.

Zydus Lifesciences secures Mexican regulatory approval for Bhava, a biosimilar cancer treatment, expanding its reach to Latin America. The drug is used for various cancers, including colorectal and...

JSW Neo Energy has secured a contract to develop a 500 MW solar project with energy storage systems from SECI. The project will be located in India and is part of the company's ambitious goal to...

Wipro shares plummeted nearly 9% on Monday after the IT major announced flat sequential growth guidance for the upcoming quarter. The company reported a 4.6% YoY rise in net profit but saw a...

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

Aluminium prices fell on the Multi Commodity Exchange (MCX) due to lower demand from consuming industries. The August contract dropped by Rs 1.65 to Rs 218.55 per kg.

Copper futures declined on Monday due to muted demand in the domestic market. Analysts attribute the drop to speculators reducing their positions.

India's GDP is projected to grow at 6.5-7% in 2024-25, according to the Economic Survey 2023-24. The forecast takes into account global challenges and domestic growth drivers.

Crude oil futures edged down on Monday due to weak demand, falling by 0.03% to Rs 6,610 per barrel on the Multi Commodity Exchange. Global oil prices, however, saw gains.

China's central bank cuts key interest rates in a surprise move to revive the struggling property sector and stimulate economic growth. The move comes as the country faces challenges in the housing...