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Falling steel prices amid Chinese export surge, to reduce profits of companies in Q3 FY25: Report

Steel companies in the country are likely to face margin pressure in the third quarter of FY25 as m…

ANI   


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1 min read

Consumer staple demand recovers in rural areas, urban areas witness slowdown: Report

Rural and semi-urban markets in India showed recovering consumer demand in the second quarter of FY…

ANI   


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1 min read

Airlines should not hike prices beyond a limit, even during rush: CPI's K Narayana to Civil Aviation Minister on exorbitant airfares

Communist Party of India(CPI) National Secretary K Narayana on Tuesday wrote to Union Civil Aviatio…

ANI   


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Hero MotoCorp shares jump over 5% after Q2 earnings

At the NSE, it soared 5.12 per cent to Rs 4,839.95. The country's largest two-wheeler maker …

PTI   


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HDFC Bank Q2 profit soars 5% to ₹16,821 crore

Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…

PTI   


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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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Tesla says the Cybertruck is already profitable

Less than a year after the first deliveries, Tesla's Cybertruck turned a profit.

Nora Naughton   


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Waaree's stock tumbles over 5%, hours after listing at a premium of 66.33% on the bourses

​​Waaree's offer worth Rs 4,321.44 crore saw a thumping reception from investors across all categor…

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Hindustan Unilever shares tumble over 6% post Q2 results

Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…

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Exide Q1 PAT rises 16% to Rs 280 cr

The company had reported a profit after tax of Rs 242 crore in the April-June quarter of the preced…

PTI   


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3 mins read

Waaree Energies Limited opens for subscription today. Should you invest?

The company, which operates 4 manufacturing facilities in Gujarat, India, commenced operations in 2…

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8 mins read

How investors are about to profit from a tidal wave of new homes

Builders have too many new homes on their hands. But before they slash prices, they have another op…

James Rodriguez   


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3 mins read

Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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Goldman Sachs bumps its S&P 500 price target for the 3rd time this year as it sees higher corporate profits ahead

Goldman Sachs initially set a year-end S&P 500 price target of 4,700, but has since raised its fore…

Matthew Fox   


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Profits jump at British Airways' owner as rivals struggle with Boeing delivery delays

IAG posted a 15% rise in third-quarter operating profit after increasing passenger revenues and avo…

Pete Syme   


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Disney stock surges as rare 3-year forecast sees strong profit growth ahead

Disney rallied after earnings, as investors got a rare three-year forecast that showed the company …

Kelly Cloonan   


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Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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3 mins read

KRN Heat Exchanger & Refrigeration's IPO opened for subscription today. Should you invest?

​From the funds raised, the company intends to invest Rs 242.5 crore in its wholly owned subsidiary…

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1 min read

Chipotle says ensuring 'consistent and generous portions' has taken a toll on its profitability

Chipotle executives said a recent focus on portions sizes, as well as unusual price trends for avoc…

Dominick Reuter   


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Markets take a breather after record rally; settle marginally lower in volatile trade

The NSE Nifty dropped 32.40 points or 0.13 per cent to 25,356.50. Adani Ports was the bigges…

PTI