Search result for 'dividend'

NTPC Profit Dips Slightly in Q3: Rs 5,169 cr

January 25, 2025 19:36

NTPC's net profit dipped marginally to Rs 5,169.69 crore in Q3 due to higher tax expenses and adjustments. Total income rose to Rs 45,597.95 crore.

Mindspace REIT Q3 NOI Up 8% to Rs 522 Cr - Business News

January 24, 2025 17:57

Mindspace Business Parks REIT reported an 8% increase in net operating income (NOI) to Rs 521.8 crore for the December 2024 quarter, driven by strong leasing activity and new data center launches.

Indus Towers Q3 Profit Soars 160% to Rs 4,003 Cr

January 23, 2025 22:09

Indus Towers reports a 160% jump in Q3 profit to Rs 4,003 crore driven by strong tower additions, colocation growth, and significant overdue collections.

Telangana Inks Rs 1.79 Lakh Cr MoUs at Davos: Data Centers, Jobs Boost

January 23, 2025 20:24

Telangana signs 20 MoUs for investments and expansions worth Rs 1.79 lakh crore at Davos, including data centers, pumped storage, and software expansions, creating 50,000 jobs.

IEX Net Profit Jumps 17% to Rs 107 Cr in Q3

January 23, 2025 18:11

Indian Energy Exchange (IEX) reported a 17% rise in net profit to Rs 107.29 crore in Q3 FY25, driven by higher revenues and increased electricity trading volume. The company also declared an...

Coforge Q3 Profit Up 10.3% to Rs 268 Cr | Strong Outlook

January 23, 2025 13:46

Coforge's adjusted PAT surged 10.3% to Rs 268 crore in Q3, driven by strong revenue growth and margin expansion. CEO expects robust growth in the coming year.

India's Digital Potential: Key to Inclusive Growth - KPMG

January 22, 2025 21:57

KPMG report highlights India's digital potential for inclusive growth and becoming a global digital leader by 2047. Key recommendations for policymakers and businesses.

Wendt (India) Ltd Q2 Net Profit at Rs 8.22 cr - PTI

January 22, 2025 20:08

Wendt (India) Ltd reported a consolidated profit of Rs 8.22 crore for the October-December 2024 quarter, down from Rs 9.60 crore in the same period last year. The Murugappa Group company also...

Modi Right Leader for India's Growth: Andhra CM

January 21, 2025 16:49

Andhra Pradesh CM N Chandrababu Naidu praises PM Modi's leadership, predicting India's economic rise by 2047. He announces a partnership with CII for a Center of Global Leadership on Competitiveness.

India's GDP to Grow 6.5-6.8% in FY25: Deloitte

January 21, 2025 14:22

Deloitte predicts India's GDP to grow at 6.5-6.8% in FY25, highlighting the country's resilience despite global uncertainties. The report analyzes factors like domestic strengths, global value...

Modi Right Leader for India's Growth: Naidu

January 21, 2025 13:18

Andhra Pradesh CM N Chandrababu Naidu praises PM Modi's leadership, saying India has the right leader at the right time for economic growth and social development. Naidu also outlines his vision...

Budget 2023: GTRI Suggests Raising I-T Exemption, Simplifying TDS

January 20, 2025 18:36

GTRI recommends increasing the income tax exemption threshold to Rs 5.7 lakh, simplifying the TDS system, and equalizing tax treatment for bank deposits and equities in the upcoming Budget.

HSBC to Open 20 New Branches in India

January 17, 2025 21:20

HSBC is expanding its India presence with 20 new branches, focusing on international wealth and premier banking. The bank received RBI approval for locations like Dehradun, Faridabad, Indore, and...

Wipro Q3 Profit Surges 24.4%, Beats Estimates

January 17, 2025 21:15

Wipro reported a strong Q3 FY25, exceeding expectations with a 24.4% rise in net profit. The IT services company sees cautious optimism and returning discretionary spending in 2025.

Wipro Q3 Net Profit Jumps 24.4%, Tweaks Capital Allocation Policy

January 17, 2025 16:36

Wipro's Q3 net profit surged 24.4% to Rs 3,354 crore, with revenue inching up slightly. The company also revised its capital allocation policy, increasing the payout percentage to 70% or above over...

Havells Q3 Profit Down 3.5%, Revenue Up 10.8% - Business News

January 16, 2025 19:27

Havells India reported a 3.45% decline in net profit to Rs 277.96 crore for Q3 FY2025, while revenue rose 10.76% to Rs 4,888.98 crore. Read more.

India Budget 2025: US Body Urges Bold Reforms for Investment

January 16, 2025 10:53

A US business advocacy group recommends reforms to attract investment, strengthen key industries, and make India a global growth driver. The group urges simplifying TDS, extending tax concessions...

US Body Urges India to Attract Investments with Reforms

January 16, 2025 02:50

Ahead of India's budget, a US business group calls for bold reforms to attract investments, simplify tax structures, and boost key industries.

GTDC Pays Rs 45 Lakh Dividend to Goa Government

January 15, 2025 13:57

Goa Tourism Development Corporation (GTDC) has paid a dividend of Rs 45 lakh to the state government for the financial year 2023-24, reflecting its commitment to sustainable tourism development.

Future of Jobs Conference: Mandaviya to Attend

January 13, 2025 19:52

Union Minister Mansukh Mandaviya will attend a conference on the future of jobs in India, focusing on AI, automation, and digital tools' impact on the job market.

CESC Q3 Profit Down 6.3% to Rs 282 Cr

January 10, 2025 17:41

CESC Ltd. reported a 6.3% decline in Q3 FY25 net profit to Rs 282 crore, impacted by lower regulatory income. Total income rose to Rs 3,657 crore.

NSDC, Axis My India Partner for Skill Development

January 7, 2025 15:06

NSDC and Axis My India join forces to identify data-driven skill gaps, enhance beneficiary participation and ensure effective skill development initiatives across India.

CII's 7-Point Agenda for Job Creation in India

January 5, 2025 17:15

CII suggests a seven-point agenda for employment generation in India's upcoming budget, including an integrated national employment policy, support to labor-intensive sectors, and setting up an...

ICAI Seeks Tax Benefits for Climate Change Mitigation

January 3, 2025 18:12

The Institute of Chartered Accountants of India (ICAI) has called for tax incentives to promote climate change mitigation strategies and other tax reforms to boost economic growth and sustainability.

India-South Africa Trade Booms, 30th Anniversary Marked

December 31, 2024 11:04

India and South Africa celebrated the 30th anniversary of their diplomatic ties in 2024, with bilateral trade hitting a record USD 19 billion. The two countries also saw increased investment and...

Indian Economy to Grow 6.5-6.8% in FY25: Deloitte

December 29, 2024 10:45

Deloitte forecasts India's economy to grow at 6.5-6.8% in FY25, driven by domestic consumption, despite global headwinds. The report highlights key sectors like manufacturing, services, and capital...

PSU Banks Profit: Rs 1.5 Lakh Cr Forecast, Deposit Concerns

December 27, 2024 11:01

Public sector banks (PSBs) in India are projected to exceed Rs 1.5 lakh crore in profit for FY'25, driven by low NPAs and credit growth. However, slow deposit mobilization remains a concern.

AI & Machine Learning: Transforming Indian Pharma by 2025

December 26, 2024 11:20

India's pharmaceutical industry is poised for a dramatic transformation by 2025, driven by AI, machine learning, and precision medicine. Discover how innovation, global access, and quality...

IOCL to Invest Rs 61,000 Crore in Odisha Naphtha Cracker Project

December 24, 2024 19:40

Indian Oil Corporation (IOCL) will invest Rs 61,000 crore in a naphtha cracker project at Paradip, Odisha. The project is expected to be one of the largest in the country.

RBI Rate Cut Expectations: New Governor's Focus on Growth

December 22, 2024 15:42

With a new RBI governor at the helm, market watchers anticipate a potential interest rate cut in February. The focus shifts from inflation control to growth, but challenges remain.

KSDL Pays Record Rs 109 Crore Dividend to Karnataka

December 17, 2024 19:16

Karnataka Soaps and Detergents Limited (KSDL) has paid a record dividend of Rs 109 crore to the Karnataka government, representing 30% of its profit for the fiscal year 2023-24. This is the highest...

Scindia, Ramesh Clash Over Satcom Spectrum Allocation

December 17, 2024 16:46

Telecom Minister Scindia and Congress leader Ramesh spar over the government's plan to allocate satellite spectrum to companies like Starlink without auction, with the 2G case surfacing as a point...

Vedanta Declares Rs 8.5 Interim Dividend for FY25

December 16, 2024 19:45

Vedanta Ltd announces a fourth interim dividend of Rs 8.5 per share for FY25, bringing the total interim dividend to Rs 43.5 per share. The record date for payment is December 24.

Jagdeep Dhankhar: No Scrutiny Leads to Degeneration - India News

December 14, 2024 14:39

Vice President Jagdeep Dhankhar emphasizes the importance of scrutiny and dialogue for institutions and individuals, warning of degeneration without it. Dhankhar, facing a no-trust motion, also...

MFN Clause Suspension: India Needs Strategic Approach to Tax Treaties - GTRI

December 13, 2024 21:29

Switzerland's suspension of the MFN clause in its tax treaty with India highlights the need for India to adopt a more strategic approach to international taxation agreements. The move could impact...

Switzerland Suspends MFN Status for India: Impact on Investments

December 13, 2024 18:22

Switzerland suspends MFN status in India-Switzerland DTAA, impacting Swiss investments and leading to higher taxes for Indian companies in Switzerland. This decision follows a Supreme Court ruling...

Switzerland Ends MFN for India: Higher Tax on Dividends

December 13, 2024 16:43

Switzerland has withdrawn MFN status for India, leading to higher withholding tax on dividends earned by Indian companies in Switzerland from January 1, 2025. The move follows a Supreme Court...

PSB NPAs Decline to Decade Low: FinMin

December 12, 2024 17:57

Gross non-performing assets (NPAs) of public sector banks (PSBs) have declined to a decade low of 3.12% in September 2024, driven by government measures like the 4Rs strategy.

Energy Transition: CEA Urges Caution, Growth Focus

December 12, 2024 13:42

India's Chief Economic Advisor emphasizes the need for a cautious energy transition without compromising economic growth, citing the example of Europe's economic slowdown. He also highlights the...

Bihar Business Connect: Global Investment Ties Strengthened

December 10, 2024 16:08

Bihar Business Connect 2024 Ambassadors' Meet showcased the state's investment opportunities to diplomats, highlighting Bihar's rapid strides in industrial development and sustainability.

RBI Governor Das: Fiscal-Monetary Coordination Strong in Last 6 Years

December 10, 2024 11:13

RBI Governor Shaktikanta Das highlights strong fiscal-monetary coordination in his six-year term, thanking PM Modi and FM Sitharaman for their support. He also expressed gratitude to the RBI team...

RBI Governor Shaktikanta Das Steps Down After 6 Years

December 9, 2024 18:31

Shaktikanta Das, the 25th Governor of the Reserve Bank of India, demits office on Tuesday after six years, leaving behind a legacy of navigating challenging economic periods and ensuring robust...

Kerala Open to Adani Projects, But Not Polluting Industries

December 8, 2024 14:57

Kerala is open to discussing new projects with Adani but won''t allow polluting industries, says Minister Rajeev. The state is prioritizing knowledge-based sectors and digital literacy.

Hindi Title Bill Sparks 'Hindification' Row in Rajya Sabha

December 5, 2024 17:26

Opposition MPs in Rajya Sabha accuse the government of Hindi imposition by using Hindi titles for new bills, triggering a debate on language and the 'Hindification' of laws.

Meja Urja Nigam Declares Rs 350 Cr Dividend for FY25

December 4, 2024 16:09

Meja Urja Nigam (MUNPL) has announced its first interim dividend of Rs 350 crore for FY25, to be paid to promoters NTPC Ltd and UPRVUNL. The dividend reflects MUNPL's strong financial performance...

Simplify ITR Forms: Deloitte Survey Calls for 'One Rate One Section' TDS

December 4, 2024 13:29

A Deloitte survey suggests simplifying ITR forms, TDS framework with 'one rate one section', and streamlining deductions & incentives. Read more about the recommendations.

Public Sector Banks Profitable: Sitharaman

December 3, 2024 19:48

Finance Minister Nirmala Sitharaman highlights the strong performance of public sector banks, stating they are safe, stable, and profitable. The Banking Laws (Amendment) Bill, 2024, was passed by...

India's Top Cities Hold 526 Mn Sq Ft REIT-Worthy Office Stock

December 3, 2024 15:07

India's top 7 cities have 526.3 million sq ft of rent-yielding office space stock, valuing Rs 4.5 lakh crore, that can be included in REITs, according to Vestian.

Zee Shareholders Reject Punit Goenka's Reappointment

November 29, 2024 00:40

Zee Entertainment shareholders voted against the reappointment of Punit Goenka as director. Goenka's resolution was defeated at the AGM, with only 49.54% of votes in favor.

Assocham Proposes Centralized Grievances Portal for MSMEs

November 28, 2024 15:25

Assocham advocates for a centralized grievances portal for MSMEs to address issues with government departments and state governments, similar to the RBI's Ombudsman system.

Assocham Urges Single TDS Rate in Budget 2025-26

November 19, 2024 18:52

Assocham seeks a single TDS rate of 1-2% for all resident assessees, advocating for tax reforms and ease of compliance in the upcoming Union Budget. The industry body also emphasizes tax neutrality...

Punit Goenka Resigns as Zee MD, Appointed CEO

November 19, 2024 00:13

Punit Goenka steps down as Managing Director of Zee Entertainment, assuming the role of CEO to focus on operational responsibilities. Mukund Galgali appointed Deputy CEO.

DIPAM Revises Capital Restructuring Norms for CPSEs

November 18, 2024 21:43

DIPAM issues revised guidelines for CPSE capital restructuring, mandating higher dividend payouts and introducing share buyback options. Learn more about the new norms.

NTPC Pays Rs 2,424 Cr Interim Dividend to Shareholders

November 18, 2024 18:36

NTPC has paid Rs 2,424 crore as an interim dividend to its shareholders for the financial year 2024-25, marking the 32nd consecutive year of dividend distribution. The company also announced plans...

REITs Distribute Rs 2,754 Crore to Unitholders in H1 FY24

November 18, 2024 15:03

Indian REITs Association reports a 14% YoY increase in income distribution to unitholders, reaching Rs 2,754 crore in the first half of FY24. The four listed REITs, including Brookfield India Real...

Zee Entertainment Raises Targets for CEO Punit Goenka

November 17, 2024 23:08

Zee Entertainment's board has set higher performance targets for CEO Punit Goenka's re-appointment, including revenue, EBITDA goals, and dividend payouts.

Odd-Even Rule for Cleaner Fuels in Delhi: Biogas Association's Proposal

November 17, 2024 11:17

The Indian Biogas Association proposes enforcing the odd-even rule in Delhi NCR to combat air pollution and encourage the adoption of cleaner fuels like EVs and CBG. The association also highlights...

Sobha Ltd Q2 Profit Surges 75% to Rs 26.08 Crore

November 15, 2024 15:42

Sobha Ltd has reported a 75% increase in consolidated net profit for the September quarter, reaching Rs 26.08 crore. The company attributes the strong performance to continued operational strength...

Vinsys IT Services Reports Rs 10.95 cr Profit in H1

November 14, 2024 19:06

Vinsys IT Services announced a profit after tax of Rs 10.95 crore for H1 FY25, a significant increase from the previous year. The company's revenue also grew by 16.3%, driven by overseas business...

Royalty Payments by Listed Cos Surge to Rs 10,779 Cr in FY23: Sebi

November 14, 2024 18:58

Sebi study reveals royalty payments by listed companies to related parties more than doubled in FY23, exceeding 20% of net profits in several cases. Concerns raised over lack of disclosure and...

RBI Should Cut Rates, Food Inflation Flawed: Goyal

November 14, 2024 18:50

Commerce Minister Piyush Goyal urges RBI to cut interest rates, calling food inflation irrelevant to rate setting. He argues for growth impetus and highlights India's economic potential.

Ipca Labs Q2 Profit Up 58% to Rs 229 Cr - Business News

November 14, 2024 18:18

Ipca Laboratories reported a 58% rise in consolidated net profit to Rs 229 crore in Q2 FY25, with revenue from operations reaching Rs 2,355 crore. Read more.

Bayer CropScience Q2 Profit Down 39%: Higher Expenses Hit Results

November 13, 2024 19:15

Bayer CropScience India reported a 38.85% decline in Q2 net profit to Rs 136.3 crore, impacted by higher expenses. Revenue rose, but margins were hit by production costs and price pressure.

Sun TV Q2 Profit Down 12% to Rs 409.3 cr - Latest News

November 13, 2024 19:07

Sun TV Networks Ltd reported a 12% decline in consolidated profit after tax (PAT) to Rs 409.32 crore for the September quarter, with revenue also decreasing. Learn more about the financial...

Nalco Q2 Profit Surges to Rs 1,046 Crore | Higher Revenue

November 13, 2024 17:31

Nalco's consolidated profit for Q2 FY25 jumped to Rs 1,046 crore, driven by increased revenue from operations. The company also declared an interim dividend of Rs 4 per share.

Natco Pharma Q2 Profit Surges 83% to Rs 676 Cr

November 12, 2024 17:18

Natco Pharma's net profit soared 83% YoY to Rs 676 crore in Q2 FY25, driven by strong sales growth. Revenue also increased significantly, with exports and domestic businesses performing well.

ONGC Net Profit Rises 17% in Q2 on Lower Levies

November 11, 2024 19:22

ONGC's net profit surged 17% in Q2 FY25, driven by lower windfall tax and other levies. The company also saw increased crude oil production and a slowdown in gas production decline.

Vedanta Resources Cuts Debt by USD 4.7 Billion: Anil Agarwal

November 10, 2024 12:57

Vedanta Resources, parent firm of Vedanta Ltd, has reduced its debt by USD 4.7 billion in two years, driven by financial discipline and record EBITDA. Chairman Anil Agarwal outlines plans for...

Asian Paints Profit Falls 43.7% in Q2 | News

November 9, 2024 21:28

Asian Paints reported a 43.7% decline in Q2 profit to Rs 693.7 cr, impacted by weak demand, material price inflation, and a decline in decorative and coatings business. Read more.

Shipping Corp Q2 Net Profit Surges to Rs 291.44 cr

November 8, 2024 19:24

Shipping Corporation of India (SCI) reported a multi-fold rise in its net profit for the second quarter ended September 2024, reaching Rs 291.44 crore. The company's total income also...

PFC Q2 Profit Up 9% to Rs 7,215 cr: Key Highlights

November 8, 2024 16:49

Power Finance Corporation (PFC) reported a 9% rise in Q2 profit to Rs 7,215 crore, driven by higher revenues. The company also witnessed growth in loan assets and a decline in bad loans.

Lodha Family Transfers Rs 21K Cr Stake to Philanthropic Arm

November 8, 2024 16:07

Abhishek Lodha and family transferred an 18.09% stake in Macrotech Developers to their philanthropic foundation, inspired by the Tata Trusts. The move will fund social initiatives in education,...

Ashok Leyland Q2 Profit Rises to Rs 766.55 Crore

November 8, 2024 13:51

Ashok Leyland reports a consolidated profit of Rs 766.55 crore for the July-September 2024 quarter, driven by strong performance in the medium and heavy commercial vehicle segment. The company...

Brookfield India REIT NOI Up 40%, Plans Rs 3500 Cr Fundraise

November 7, 2024 18:47

Brookfield India REIT's net operating income surged 40% to Rs 486 crore in Q2 FY24. The REIT plans to raise up to Rs 3,500 crore through an institutional placement to reduce debt and fund growth.

Sebi to Vet Appointments of Tech, Risk, Compliance Heads at MIIs

November 7, 2024 18:15

Sebi is considering vetting appointments of tech, risk, and compliance heads at MIIs, aiming to strengthen these functions and ensure their independence from commercial considerations.

Akzo Nobel India Q2 Profit Up 4%, Revenue Rises 2.7% | Dulux Paints

November 7, 2024 18:10

Akzo Nobel India reported a 4% increase in Q2 net profit to Rs 97.9 crore, driven by volume growth and strong B2B performance. Revenue rose 2.7% to Rs 982.3 crore.

Emami Q2 Net Profit Rises 19% to Rs 213 Crore

November 7, 2024 16:40

Emami Ltd reported a 19% rise in Q2 net profit to Rs 213 crore, driven by improved margins and steady growth in domestic and international markets. Revenue from operations increased to Rs 891 crore.

Power Grid Corp Q2 Net Profit Flat at Rs 3,793 cr

November 6, 2024 16:56

Power Grid Corporation of India (PGCIL) reported a consolidated net profit of Rs 3,793.02 crore in Q2 FY24, almost flat year-on-year. Total income rose to Rs 11,845.93 crore.

Ratan Tata's 'No Comments' on Cyrus Mistry: Biography Author

November 6, 2024 13:23

Author Thomas Mathew reveals Ratan Tata's silence on Cyrus Mistry's alleged attempt to break up the Tata Group, citing 'ethical & moral' issues and performance concerns.

Aptus Value Housing Finance Q2 Profit Up 22% to Rs 182 cr

November 5, 2024 22:34

Aptus Value Housing Finance India Ltd reported a 22% rise in net profit to Rs 182 crore in Q2 FY25, driven by increased income. AUM stood at Rs 9,679 crore.

Sundram Fasteners Q2 Profit Rises to Rs 143.84 cr

November 5, 2024 20:54

Sundram Fasteners Ltd reported consolidated profits of Rs 143.84 crore for the second quarter ending September 30, 2024, up from Rs 133.05 crore in the previous year. The company also announced an...

Sundaram Finance Q2 PAT at Rs 340.09 cr - Business News

November 5, 2024 15:41

Sundaram Finance reported a Q2 PAT of Rs 340.09 crore, down from last year's Rs 366.38 crore. Assets under management grew by 20%.

IRFC Q2 Profit Rises 4% to Rs 1,613 Cr, Interim Dividend Declared

November 4, 2024 20:46

IRFC's net profit for the September quarter rose 4% to Rs 1,613 crore, with total income reaching Rs 6,900 crore. The company also declared an interim dividend of Rs 0.80/share.

Coal India Aims for Dividend Return by FY'26

November 3, 2024 19:01

Coal India aims to eliminate ECL's losses and rejoin the dividend list by FY'26, with subsidiary Bharat Coking Coal already achieving this. The company also plans to boost production and reduce...

India Aims to Thrive on Own Strength Amid US-China Tensions

October 30, 2024 18:21

India's Commerce Minister Piyush Goyal emphasizes the country's focus on its own strengths amid US-China trade tensions, highlighting India's democracy, rule of law, and talented youth.

India's Fiscal Deficit Reaches 29.4% in H1 FY25

October 30, 2024 17:54

India's fiscal deficit touched 29.4% of the full-year target in H1 FY25, with revenue expenditure at 43.8% of the Budget Estimate. Read more about the government's fiscal performance and key...

GlaxoSmithKline Q2 Profit Rises 16% to Rs 252 cr

October 29, 2024 16:52

GlaxoSmithKline Pharmaceuticals reports a 16% jump in Q2 net profit to Rs 252 crore, driven by strong sales across segments. Key brands like Augmentin and Nucala saw growth.

CAMS Profit Surges 45% to Rs 122 Crore in Q2 FY25

October 28, 2024 21:06

CAMS, a leading registrar and transfer agent for mutual funds, reported a 45% rise in profit to Rs 122.5 crore in the September 2024 quarter, driven by strong retail participation in equity assets.

REC Q2 Profit Up 7% to Rs 4,037 Cr, Loan Disbursement at Rs 47,303 Cr

October 26, 2024 17:42

REC Ltd's net profit rose 7% to Rs 4,037.72 crore in Q2 FY25, driven by higher income. Loan disbursement stood at Rs 47,303 crore, with Rs 5,946 crore allocated to renewable energy.

Soft Landing of Global Economy Possible: Sitharaman

October 26, 2024 06:05

India's Finance Minister Nirmala Sitharaman says a soft landing of the global economy is increasingly possible, citing coordinated action by countries and institutions.

Coal India Q2 Profit Drops 22% to Rs 6,275 Cr

October 25, 2024 22:18

Coal India Ltd (CIL) reported a 22% drop in consolidated profit for the quarter ended September 30, 2024, due to lower sales. The company's consolidated income and sales also declined compared to...

Shriram Finance Q2 Profit Up 20% to Rs 2,153 Cr: Share Split Approved

October 25, 2024 19:20

Shriram Finance reports a 20% increase in Q2 profit to Rs 2,153 crore, with total income rising to Rs 10,097 crore. The board approved a share split of 1:5 and an interim dividend of 220%.

IndiGrid Profit Surges 154% to Rs 98 Cr in Q2

October 25, 2024 18:28

India Grid Trust reported a 154% jump in its consolidated net profit to Rs 98.73 crore for the September 2024 quarter, driven by higher revenues. The company also announced a Q2 FY25 distribution...

NTPC Net Profit Rises 14% to Rs 5,380 Crore in Q2

October 24, 2024 20:55

NTPC Limited reported a 14% increase in net profit for the September quarter, reaching Rs 5,380.25 crore. Total income declined slightly, while the average tariff rose. The company also announced...

NAM India Q2 Profit Surges 47% to Rs 360 cr

October 24, 2024 18:53

Nippon Life India Asset Management (NAM India) reported a 47% jump in Q2 profit to Rs 360.1 crore, driven by strong revenue growth. Assets under management reached Rs 6.54 lakh crore.

Petronet LNG Q2 Profit Rises 4% on Higher Capacity Utilization

October 24, 2024 18:29

Petronet LNG Ltd, India's largest LNG importer, reported a 4% rise in Q2 profit, driven by increased capacity utilization at its Dahej terminal. The company's net profit reached Rs 848 crore,...

GCPL Profit Up 13.5% to Rs 491 Crore in Q2

October 24, 2024 17:06

Godrej Consumer Products Ltd (GCPL) reported a 13.52% rise in consolidated net profit to Rs 491.31 crore in Q2 FY25, driven by volume growth in India and Indonesia.

Ramkrishna Forgings Q2 PAT Jumps to Rs 183 Crore

October 24, 2024 16:06

Ramkrishna Forgings reported a significant increase in its profit after tax for the September quarter, driven by higher income. The company also announced a dividend and expansion plans.

Dr Lal PathLabs Q2 Profit Up 18% to Rs 131 Cr - Business News

October 23, 2024 18:22

Dr Lal PathLabs reported a consolidated profit after tax of Rs 131 crore in Q2 FY25, up 18% YoY. Revenue also increased to Rs 660 crore. Read more.

Coforge Q2 Profit Rises 12% to Rs 202.3 Crore

October 23, 2024 12:30

Coforge reported a 11.7% YoY increase in net profit to Rs 202.2 crore for Q2 FY25, driven by revenue growth and the Cigniti acquisition. Read more.

India Poised for Growth Amid Global Challenges - Sitharaman

October 22, 2024 10:30

Finance Minister Nirmala Sitharaman highlights India's economic resilience and growth prospects amidst global uncertainty, emphasizing its potential to capitalize on new opportunities.

Tech Mahindra Q2 Profit Soars 153% to Rs 1,250 Crore

October 19, 2024 09:34

Tech Mahindra's Q2 net profit surged 153.1% YoY to Rs 1,250 crore, driven by strong revenue growth and cost optimization efforts. The company also unveiled a three-year plan, Project Fortius, aimed...

ICICI Lombard Q2 Profit Surges 20% to Rs 694 Crore

October 18, 2024 17:44

ICICI Lombard General Insurance reported a 20% rise in net profit to Rs 694 crore for the second quarter ended September 2024, driven by strong premium growth.

Ceat Q2 Profit Down 42% to Rs 121 Cr | Tyre Maker Reports Higher Revenue

October 17, 2024 20:44

Ceat's consolidated profit after tax declined 42% to Rs 121 crore in Q2 FY25 due to higher commodity prices. Despite this, revenue rose to Rs 3,304 crore.

LTIMindtree Q2 Net Profit Up 7.7% to Rs 1,251 Cr - Business News

October 17, 2024 19:55

LTIMindtree reported a 7.75% YoY increase in Q2 net profit to Rs 1,251 crore. Revenue also grew 5.91% to Rs 9,432 crore. The company added 2,504 employees and has 742 active clients.

Crisil Q3 Profit Rises 13% to Rs 171.55 Cr

October 16, 2024 21:00

Crisil's net profit jumped 13% to Rs 171.55 crore in Q3 FY24, driven by strong revenue growth. The company also announced a third interim dividend and the sale of its Australian subsidiary.

LTTS Q2 Profit Up 1.9%, to Hire 2,000 Freshers - News

October 16, 2024 17:48

LTTS reports a 1.9% increase in Q2 net profit, driven by strong European market growth. The company plans to hire 2,000 freshers in FY25 and aims for 8-10% revenue growth.

DB Corp Q2 Profit Drops 17.6% Due to Slowing Market

October 15, 2024 17:37

DB Corp's Q2 profit declined by 17.63% to Rs 82.57 crore due to a prolonged monsoon season, slower market activity, and reduced consumer spending. The company's revenue from operations also...

Sebi Monitors Market Infra Shareholding: New Framework

October 14, 2024 18:48

Sebi introduces a framework to monitor shareholding limits, public shareholding requirements, and 'fit & proper' criteria for Market Infrastructure Institutions (MIIs), including stock exchanges,...

HCLTech Q2 Net Profit Rises 11% to Rs 4,235 Crore

October 14, 2024 17:51

HCL Technologies reported an 11% rise in consolidated net profit to Rs 4,235 crore in Q2 FY25, driven by strong revenue growth and improved profitability. Read more.

Indian Real Estate Investments Surge 46% in 2024

October 14, 2024 15:43

Equity investments in Indian real estate reached USD 8.9 billion in Jan-Sep 2024, driven by strong office leasing, disposable income, and consumer spending.

TCS Shares Plunge 2% After Disappointing Q2 Earnings

October 11, 2024 11:31

TCS shares fell over 2% on Friday after the company's Q2 earnings failed to impress investors. The IT giant's profit margin narrowed, leading to a decline in share price and market capitalisation.

Anand Rathi Wealth Profit Jumps 32% in Q2 FY25

October 10, 2024 17:57

Anand Rathi Wealth Ltd reported a 32% rise in net profit to Rs 76.3 crore in the September quarter, driven by strong revenue growth. The company's AUM also surged by 57% to Rs 75,084 crore in the...

TCS Q2 Profit Up 4.99%, Margin Declines

October 10, 2024 17:19

TCS reported a 4.99% rise in Q2 net profit to Rs 11,909 crore, but profit margin narrowed. Revenue grew 7.06% to Rs 64,988 crore. Read more.

Meja Urja Nigam Pays First Dividend of Rs 102 cr

October 4, 2024 18:19

Meja Urja Nigam Pvt Ltd (MUNPL) has paid its first dividend of Rs 51 crore each to its parent companies NTPC and UPRVUNL, marking a significant milestone for the joint venture.

PTC India Approves Rs 7.80 Dividend for FY24

October 3, 2024 22:13

PTC India shareholders have approved a final dividend of Rs 7.80 per equity share for FY24, as announced at the company's recent annual general meeting.

Singapore's Role in Bengaluru's Tech Hub Development

October 2, 2024 11:51

Singapore has been a key partner in Bengaluru's tech growth over the past 30 years, fostering innovation and attracting global talent. Learn about their collaboration at the Bengaluru Tech Summit...

Govt Urges White Goods Industry to Apply for PLI Scheme

September 30, 2024 14:11

India's DPIIT urges white goods manufacturers to apply for fiscal benefits under the Production Linked Incentive (PLI) scheme, citing muted response so far. The scheme aims to boost domestic...

India Considers FDI Regulatory Mechanism for Oversight

September 29, 2024 15:02

India is considering a new regulatory mechanism for foreign direct investment (FDI) to ensure post-investment review and monitoring, aiming to strengthen oversight and attract legitimate investments.

Raghuram Rajan: Govt Needs Labor-Intensive Industries for Jobs

September 29, 2024 10:45

Former RBI governor Raghuram Rajan advocates for labor-intensive industries to boost employment in India, citing low job creation despite 7% economic growth. He also highlights concerns about...

Sidbi Net Profit Surges 20% to Record Rs 4,026 Cr in FY24

September 25, 2024 20:44

Small Industries Development Bank of India (Sidbi) reported a 20% jump in its FY24 net profit to a record Rs 4,026 crore, driven by strong income growth and loan portfolio expansion.

Goa Shipyard Records Record Revenue of Rs 1,753 Cr in FY24

September 25, 2024 19:48

Goa Shipyard Ltd (GSL) achieved record revenue of Rs 1,753 crore in FY24, marking a 102% growth year-on-year. Profit before tax was also significantly higher, with an order book of Rs 18,562 crore...

Vedanta Board to Consider 4th Interim Dividend - Oct 8

September 25, 2024 18:52

Vedanta Ltd.'s board will meet on October 8 to consider a fourth interim dividend for 2024-25. The record date for the dividend is set for October 16. This news follows several previous dividend...

Dairy Sector Remains Closed in FTAs: Goyal

September 25, 2024 09:55

India's Commerce Minister Piyush Goyal confirms no plans to open up the dairy sector in any free trade agreements due to its sensitivity and impact on small farmers. Read more.

Govt. Roadshows for Hindustan Zinc Stake Sale | Disinvestment Update

September 23, 2024 13:10

The Indian government is conducting roadshows to assess investor interest in selling its stake in Hindustan Zinc. Learn about the disinvestment process, timelines, and potential impact.

Sebi Proposes Electronic-Only Payments for Dividends, Interest

September 20, 2024 19:54

Sebi proposes making all dividend, interest, and redemption payments electronic to enhance security, convenience, and efficiency for investors. Public comments are invited until October 11.

SJVN Generates 8489 MU Power in FY24: CMD

September 19, 2024 18:24

SJVN generated 8,489 million units (MUs) of green energy in FY24, despite challenging hydrological conditions. The company achieved record daily and monthly generation, with revenue of Rs 2,533.59...

BHEL Pays Rs 55 Crore Dividend to Govt for 2023-24

September 18, 2024 18:29

Bharat Heavy Electricals Ltd (BHEL) has paid a final dividend of Rs 55 crore for 2023-24 to the government, representing a total dividend payout of over Rs 87 crore.

PFC Pays Rs 462 Crore Dividend to Govt in 2023-24

September 18, 2024 18:23

Power Finance Corporation (PFC) paid Rs 462 crore final dividend to the Indian government for FY 2023-24, its highest-ever dividend payout.

Hindustan Zinc Demerger Update: Two Verticals Instead of Three - CEO

September 18, 2024 15:40

Hindustan Zinc (HZL) is restructuring, splitting into two verticals instead of the earlier proposed three. CEO Arun Misra says discussions with the government are ongoing. Learn more about the...

Hikal Shareholders Approve Sugandha Hiremath Reappointment

September 17, 2024 21:16

Hikal shareholders approve reappointment of Sugandha Hiremath on the board, despite opposition from the Kalyani family. Learn more about the ongoing battle for control of the company.

Airfare Hike Not Linked to Airport Charges: ACI

September 17, 2024 16:59

Airports Council International (ACI) refutes claims that airfare hikes are linked to rising airport charges, highlighting their importance for infrastructure development. ACI says charges represent...

Meta's India Growth: Reels, Biz Messaging Drive Success

September 15, 2024 15:01

Meta highlights India's key role in global growth, driven by Reels, business messaging, and Meta AI adoption. The company sees significant potential in the Indian market.

India's Oil Exports to Bangladesh Unaffected by Turmoil

September 14, 2024 19:25

Despite political unrest in Bangladesh, India continues to export diesel to Bangladesh, with no disruption to business. Numaligarh Refinery's diesel exports remain unaffected, according to OIL...

IATA Concerns Over High Airport Charges in India

September 11, 2024 19:37

IATA expresses worry over rising airport charges in India, suggesting regulation to control costs and promote air travel accessibility. The association highlights the impact on airlines and...

India Committed to Reducing Budget Deficit: Fitch

September 10, 2024 18:17

Fitch Ratings says India remains committed to reducing its budget deficit despite focus on public spending. The agency highlights India's fiscal credibility and its preference for consolidation.

Sebi Modifies Reporting Timeline for Commercial Paper Payments

September 6, 2024 22:15

SEBI has aligned the reporting timeline for listed commercial paper payment obligations with non-convertible securities, requiring entities to report within one working day of the due date.

Vedanta Credit Rating Upgraded to AA by ICRA

September 4, 2024 20:03

ICRA upgrades Vedanta's long-term credit rating to AA, reflecting the company's strengthened credit profile following successful fund-raising and stake sale.

India: Finance Ministry Relaxes Norms for Capex Boost

September 4, 2024 16:54

The Indian finance ministry has relaxed norms for expenditure exceeding Rs 500 crore to accelerate capital expenditure (capex) for the current fiscal year, aiming to boost government spending.

Vedanta Approves Rs 7,821 Cr Interim Dividend

September 2, 2024 19:36

Vedanta's board approved a third interim dividend of Rs 20 per share, taking the total payout for FY25 to Rs 13,474 crore. Learn more about Vedanta's dividend policy and financial performance.

Govt Receives Rs 2,413 Cr Dividend from BPCL - DIPAM

September 2, 2024 16:30

The Indian government has received Rs 2,413 crore in dividends from BPCL, taking the total dividend received from CPSEs to Rs 15,389.14 crore in FY24-25.

Govt to Amend CPSE Capital Restructuring Guidelines

September 1, 2024 14:13

The Indian government is revising its 2016 guidelines on CPSE capital restructuring, focusing on dividend payments, bonus issues, and share buybacks. The amendments aim to optimize government...

NRL Records Rs 23,731 Crore Revenue in FY24

August 30, 2024 20:29

Numaligarh Refinery Limited (NRL) achieved a revenue of Rs 23,731 crore and a net profit of Rs 2,160 crore in FY24, despite challenges in the first quarter. The company also declared a final...

India's Fiscal Deficit Hits 17.2% in First 4 Months: CGA Data

August 30, 2024 18:43

India's fiscal deficit reached 17.2% of the full-year target in April-July, driven by lower capital expenditure and higher revenue receipts. Learn more about the fiscal deficit and its impact on...

Govt Receives Rs 5,091 cr Dividend from IOC - DIPAM

August 29, 2024 20:03

The Indian government has received Rs 5,091 crore as dividend from Indian Oil Corporation (IOC). This is part of the government's target of Rs 56,260 crore in dividend from public sector...

LIC Pays Rs 3,662 Cr Dividend to Government

August 29, 2024 19:24

LIC handed over a dividend cheque of Rs 3,662.17 crore to Finance Minister Nirmala Sitharaman, taking the total dividend paid to the Centre for FY24 to Rs 6,103.62 crore.

Gillette India Q1 Profit Soars 26.4% to Rs 116 cr

August 29, 2024 19:05

Gillette India's Q1 profit after tax (PAT) jumped 26.4% to Rs 115.97 crore, driven by strong sales growth and a robust portfolio. Revenue also increased 4.17% to Rs 645.33 crore.

Moody's Ups India's 2024 GDP Growth Forecast to 7.2% - Strong Growth

August 29, 2024 18:49

Moody's raises India's GDP growth forecast for 2024 to 7.2% and 2025 to 6.6%, citing strong broad-based growth, improved rural demand and a revival in private capex.

PhonePe Faces Market Cap Challenge for IPO - Fintech News

August 28, 2024 21:17

PhonePe CEO Sameer Nigam discusses the market cap overhang impacting the company's potential IPO. He says PhonePe plans to enter the European market within five years.

Vedanta to Consider Third Interim Dividend | Business News

August 28, 2024 20:38

Vedanta Ltd.'s board will meet next week to consider a third interim dividend for FY24-25. The company recently raised Rs 30,000 crore for deleveraging and growth.

Vedanta Prepares Rs 30,000 Cr War Chest for Deleveraging & Growth

August 26, 2024 18:46

Vedanta Ltd, led by Anil Agarwal, aims to use Rs 30,000 crore from recent fundraisings for deleveraging, growth, and transformational projects.

US Soy Export Council & Indian Poultry Group Partner for Workforce Training

August 20, 2024 19:00

The USSEC and KPFBA have signed an MoU to enhance workforce training in India's poultry sector. This partnership aims to improve skills and productivity in the growing industry.

Hindustan Zinc Declares Rs 8,028 Cr Interim Dividend

August 20, 2024 14:04

Hindustan Zinc Ltd has announced a second interim dividend of Rs 19 per share, totaling Rs 8,028.11 crore for FY25. The company reported a 19.3% rise in net profit for the June quarter.

Budget Balances Fiscal Prudence, Growth: RBI Paper

August 19, 2024 19:38

An RBI paper hails the Union Budget for striking a balance between fiscal prudence and growth, highlighting its positive impact on the medium-term economic outlook.

Hindustan Zinc OFS Oversubscribed 1.23 Times on Day 1

August 16, 2024 21:06

Vedanta's Hindustan Zinc OFS saw strong demand on Day 1, with non-retail investors bidding for 6.3 crore shares, exceeding the offer size by 1.23 times.

Hindustan Zinc to Pay Rs 8,000 Cr Special Dividend

August 15, 2024 16:12

Hindustan Zinc plans to pay a special dividend of Rs 8,000 crore to shareholders, with the government set to receive Rs 2,400 crore. This follows the NCLT's approval to transfer reserves to...

Vedanta Stake Sale in Hindustan Zinc: Debt Reduction & Capex Boost

August 15, 2024 11:03

Vedanta's planned stake sale in Hindustan Zinc aims to raise funds for debt repayment and capital expenditure, impacting the company's future dividend income and debt burden.

Vedanta to Sell 3.31% Stake in Hindustan Zinc via OFS

August 14, 2024 21:29

Vedanta to offload up to 3.31% stake in Hindustan Zinc through an offer for sale (OFS) at a floor price of Rs 486 per share, representing a 15% discount to Wednesday's close. The OFS will open on...

Vedanta to Offload 3.31% Stake in Hindustan Zinc via OFS

August 14, 2024 17:23

Vedanta raises the offer-for-sale size of Hindustan Zinc, now aiming to offload 3.31% stake, representing 14 crore shares. The move is expected to fetch Vedanta Rs 8,021 crore.

Vedanta to Sell 2.6% Stake in Hindustan Zinc via OFS

August 13, 2024 19:58

Vedanta Ltd announces the sale of 2.6% stake in Hindustan Zinc through an offer for sale (OFS). The move aims to reduce refinancing risks and reliance on dividends from Vedanta Resources Ltd.

IL''FS Reports Rs 9,414 Cr Loss Over 5 Years: Revised Balance Sheet

August 13, 2024 18:55

IL''FS, under resolution, reveals a cumulative loss of Rs 9,414 crore from FY14-FY18 in revised balance sheet. Total income also decreased significantly. Learn more.

Natco Pharma Q1 Profit Jumps 59% to Rs 668 Cr

August 12, 2024 17:29

Natco Pharma's consolidated net profit surged 59% to Rs 668 crore in Q1 FY24, driven by strong revenue growth. The company also declared an interim dividend of Rs 3 per share.

Nalco Q1 Profit Surges 76% to Rs 588 Crore - Business News

August 12, 2024 15:21

Nalco's consolidated profit jumped 76.3% to Rs 588.42 crore in Q1 FY25, while revenue declined. The company also announced a final dividend of Rs 2 per share.

Sun TV Profit Dips 5.4% in Q1, Revenue Falls - PTI

August 9, 2024 19:54

Sun TV Networks Ltd reported a 5.48% decline in consolidated profit after tax to Rs 559.58 crore in Q1 FY25. Revenue from operations dipped to Rs 1,312.40 crore. Read more.

Insecticides India Q1 Profit Surges 68% to Rs 49 Crore

August 9, 2024 19:49

Insecticides (India) Ltd reported a 68.18% jump in consolidated net profit for Q1 FY24, reaching Rs 49.01 crore. Total income also saw a marginal increase. The company declared an interim dividend...

IRB Infrastructures Q1 Profit Rises to Rs 140 Cr | Business News

August 9, 2024 14:56

IRB Infrastructures Developers Ltd reported a 5% rise in Q1 FY25 profit to Rs 140 crore, driven by higher income. The company's toll collection also saw a significant increase.

KPI Green Energy Q1 Profit Doubles to Rs 66.11 Crore

August 8, 2024 13:33

KPI Green Energy reported a doubled net profit of Rs 66.11 crore in Q1 FY25, driven by higher revenue. The company also announced an interim dividend of 0.20 paisa per share.

Kirloskar Oil Engines Q1 Profit Up 7% to Rs 117 Crore

August 7, 2024 22:16

Kirloskar Oil Engines reported a 7% rise in standalone net profit to Rs 117 crore in the April-June quarter, driven by strong B2B and B2C growth. Exports also grew 15% year-on-year.

Dr Lal PathLabs Q1 Profit Soars 29% to Rs 108 cr

August 7, 2024 17:56

Dr Lal PathLabs reported a 29% jump in consolidated profit after tax to Rs 108 crore for Q1 FY25, driven by revenue growth. The company also announced an interim dividend of Rs 6 per share.

Godawari Power Q1 Profit Jumps 24% to Rs 287 cr

August 7, 2024 17:34

Godawari Power and Ispat's consolidated net profit for the June quarter rose 24% to Rs 287 crore, driven by reduced expenses. The company also announced a special dividend and a share split.

GCPL Q1 Profit Surges 41% to Rs 451 cr, Enters Pet Care Market

August 7, 2024 16:47

Godrej Consumer Products Ltd (GCPL) reports a 41.36% rise in Q1 profit to Rs 450.69 cr, driven by lower raw material costs. The company also announced entry into the pet care market with a Rs 500...

Mukesh Ambani's Salary: Zero for 4 Years, Children Get Sitting Fees

August 7, 2024 16:17

Mukesh Ambani, Asia's richest man, drew no salary for the fourth straight year from Reliance Industries, while his children earned sitting fees and commission for board positions. Learn more about...

Airtel Targets Rs 300 ARPU, 5G FWA Launch by Sept

August 6, 2024 22:22

Bharti Airtel aims for Rs 300 average revenue per user (ARPU) and plans to roll out fixed wireless access (FWA) broadband services on its 5G network by September. The company also reported a strong...

Power Finance Corporation Q1 Profit Jumps 20% to Rs 7,182 cr

August 6, 2024 14:51

Power Finance Corporation's net profit surged over 20% to Rs 7,182 crore in the June quarter, driven by higher revenues. The company also declared an interim dividend of 32.50%.

China Marriage Registrations to Hit Record Low in 2024: Expert

August 5, 2024 16:02

China's marriage registrations are expected to hit a record low in 2024 due to declining birth rates and an aging population. The decline is attributed to factors such as a decrease in the young...

BCCL Pays First Dividend: Rs 44 Cr to CIL

August 4, 2024 18:08

Bharat Coking Coal Limited (BCCL) paid its inaugural dividend of Rs 44.43 crore to Coal India Limited (CIL), marking a significant milestone after clearing accumulated losses.

Dabur India Profit Rises 8% to Rs 494.35 cr in Q1 FY25

August 1, 2024 15:40

Dabur India reported an 8.27% rise in consolidated net profit to Rs 494.35 crore in Q1 FY25 despite a challenging demand environment. The company's India FMCG business posted a volume growth of...

Mahindra Urges Private Sector to Utilize Govt. Schemes for Job Creation

July 31, 2024 16:53

Anand Mahindra calls for private sector engagement in utilizing government schemes to boost job creation and drive India's economic growth, emphasizing a collective responsibility for prosperity.

REC Q1 Net Profit Surges 16.57% to Rs 3,460 Cr, Loan Book Hits Rs 5.30 Lakh Cr

July 27, 2024 19:36

REC's consolidated net profit for Q1 FY25 jumped 16.57% to Rs 3,460 crore, driven by higher revenue. The company's loan book also expanded to Rs 5.30 lakh crore, indicating strong growth.

REC Q1 Profit Surges 16.57% to Rs 3,460.19 cr

July 27, 2024 15:41

REC's consolidated net profit for the June quarter rose 16.57% to Rs 3,460.19 crore, driven by higher revenues. The company also announced an interim dividend.

Vedanta Approves Rs 4 Interim Dividend: Details

July 26, 2024 16:47

Vedanta Ltd announces a second interim dividend of Rs 4 per share for FY24, totaling Rs 1,564 crore. The company recently raised Rs 8,500 crore through QIP.

India's FY25 Budget: Fitch Confirms Fiscal Deficit Reduction

July 26, 2024 15:04

Fitch Ratings affirms India's commitment to fiscal deficit reduction in FY25 and FY26, despite coalition government demands. The budget highlights priority areas like agriculture, job creation, and...

Chinese Steel Imports Hurt Indian Steelmakers: Sajjan Jindal

July 26, 2024 13:12

JSW Steel Chairman Sajjan Jindal warns of rising Chinese steel imports impacting domestic margins. Indian steel industry seeks government support for a level playing field.

LT Foods Q1 Profit Up 13% to Rs 155.3 Cr, Revenue Rises 16.4%

July 25, 2024 18:25

LT Foods reported a 13% increase in Q1 profit to Rs 155.3 crore, with revenue rising 16.4% to Rs 2,070.5 crore. The company's premiumization strategy and growth in RTE/RTC segments drove performance.

Vedanta Resources Rating Upgraded by S&P on Improved Capital Structure

July 25, 2024 18:04

S&P Global Ratings upgraded Vedanta Resources' rating to 'B' from 'CCC+' citing improved capital structure and liquidity. The company has sufficient internal resources to meet debt maturities until...

Job Creation: Anand Mahindra Calls for Private Sector Action

July 24, 2024 12:06

Mahindra Group Chairman Anand Mahindra urges India's private sector to match government efforts on job creation, warning that without collective action, the demographic dividend could become a...

FY25 Budget: Fitch Ratings on India's Fiscal Deficit & Policy

July 23, 2024 21:31

Fitch Ratings commends India's FY25 Budget, highlighting its commitment to fiscal deficit reduction and policy continuity under the NDA government. The rating agency expects sustained fiscal...

India's General Govt Debt to Stabilize Above 80% of GDP: Moody's

July 23, 2024 19:34

Moody's projects India's general government debt to stabilize above 80% of GDP over the next three years, down from 89.3% in 2020-21. The rating agency expects interest payments to fall to 24% of...

India Budget 2024: Focus on Jobs, Inflation Praised

July 23, 2024 17:55

Economists applaud India's 2024 Budget, highlighting its emphasis on job creation, inflation control, and fiscal prudence. They praise the government's responsiveness to economic concerns.

Govt Targets Rs 50,000 Crore from Disinvestment in FY25

July 23, 2024 17:51

India's government projects Rs 50,000 crore in revenue from disinvestment and asset monetization in FY25, exceeding the interim budget estimate. The move includes proceeds from CPSE disinvestment...

Share Buyback Taxed as Dividend: Impact on Investors

July 23, 2024 16:40

Finance Minister Nirmala Sitharaman announces that buyback of shares will be taxed as dividends for shareholders, effective October 1, 2024. This move could increase the tax burden on investors and...

Modi 3.0 Budget: Tax Relief, Job Scheme & More

July 23, 2024 15:07

India's Finance Minister Nirmala Sitharaman unveiled Modi 3.0 government's first budget, focusing on tax relief for middle class, a Rs 2 lakh crore job creation scheme, and infrastructure spending.

India Budget 2024: Key Numbers & Fiscal Outlook

July 23, 2024 09:57

India's Finance Minister presents the 2024 budget, focusing on fiscal deficit, capital expenditure, tax revenue, and growth projections for the world's fastest-growing economy.

India Budget 2024: Key Numbers to Watch

July 22, 2024 19:48

India's Finance Minister will present the 2024 Budget, focusing on 'Viksit Bharat'. Key areas include fiscal deficit, capital expenditure, tax revenue, and GST.

BigBloc Construction Approves 1:1 Bonus Share Issue

July 22, 2024 15:32

BigBloc Construction's board has approved a 1:1 bonus share issue for shareholders, boosting share price and aiming to reward investors. The bonus issue is subject to shareholder approval at the...

Skill Development Linked to PLI & Job Incentives: Economic Survey

July 22, 2024 13:44

India's Economic Survey recommends linking skill development with production and employment-linked incentives in high-growth sectors like toys, apparel, and textiles to enhance workforce skills.

Obesity in India: Economic Survey Highlights Rising Concern - PTI

July 22, 2024 13:18

India's Economic Survey raises concerns about rising obesity, blaming processed food and lack of physical activity. The survey highlights the need for preventive measures to ensure a healthier...

USIBC Recommends PLI for Media, Entertainment in Budget

July 21, 2024 12:48

The US India Business Council (USIBC) urges India to introduce production-linked incentives for the media and entertainment industry in the upcoming Budget, aiming to position India as a leading...

Boost Domestic Mfg: ICC Urges Duty Rationalisation in Budget

July 17, 2024 12:06

The Indian Chamber of Commerce (ICC) has urged the government to rationalize customs duties in key sectors like steel, solar batteries, aluminum, and lithium cells to boost domestic manufacturing.

Tata Power Plans Rs 20,000 Crore Capex in FY25

July 16, 2024 20:43

Tata Power Chairman N Chandrasekaran announces Rs 20,000 crore capex for FY25, focusing on renewable energy, transmission & distribution. Company aims for 15 GW clean energy portfolio & 50 million...

Company Name
Price
Volume

Vodafone Idea L
9.47 ( -0.42)
28334153

YES Bank Ltd.
18.25 ( -1.24)
9525366

Suzlon Energy Ltd.
52.56 ( -3.24)
9310880

Thinkink Picturez
1.16 (+ 4.50)
8645050

Srestha Finvest
0.66 ( -1.49)
8526864

Tax Cuts Needed for Two-Wheeler Demand: HMSI

Honda Motorcycle and Scooter India (HMSI) urges tax cuts on two-wheelers, citing...

US Fed, Union Budget, Earnings Drive Markets...

Analysts expect market volatility this week driven by the US Fed rate decision,...

Top 10 Firms Lose Rs 1.25 Lakh Cr: Reliance Hit...

Four of India's top 10 valued companies, including Reliance Industries, lost a combined...

Moneywiz Live!

ALL MONEYWIZ PAGES

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us