Tata Motors Passenger Vehicles Ltd saw a huge profit rise in the September quarter. This was mainly due to a large one-time gain. However, Jaguar Land Rover faced production issues after a cyberattack. The Indian passenger vehicle business showed resilience. Demand strengthened during the festive season. Tata Motors expects a strong second half of the...Read More

Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck’s emergence as India’s largest commercial vehicle technology platform, driven by its expanding tolling and telematics offerings and improved profitability. The company has significantly digitized India’s trucking ecosystem, serving a substantial portion of...Read More

Wall Street’s main indexes dipped on Friday, driven by a renewed selloff in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an interest rate cut in December.Read More

Morgan Stanley acquired 40,000 shares in Shaily Engineering Plastics through block deals. Promoters Amit Mahendra Sanghvi and Laxman Sanghvi sold some of their holdings. Motilal Oswal Mutual Fund and S I Investments Broking Pvt Ltd were also buyers. Shaily Engineering Plastics, a multibagger, reported strong Q2 results with a 134% jump in net profit and...Read More

Benchmark indices reversed early losses to close higher for a fourth straight session, aided by gains in financials, pharma and FMCG. Key movers included Ipca, Jubilant FoodWorks, Groww, Pine Labs, TARIL, and IT stocks reacting to profit booking and earnings updates.Read More

Stablecoins have crossed $3.1 trillion in daily transactions, surpassing Visa and nearing US ACH volumes. Their market cap has topped $300 billion as they rapidly evolve into a programmable payments layer enabling faster, cheaper and more open digital transactions across the Internet.Read More

Goswami Infratech, part of Shapoorji Pallonji Group, is seeking global investors for a large bond sale. The company plans to raise approximately 250 billion rupees. This funding will be used to refinance existing debt and for corporate needs. The bond sale is expected to conclude by January-end.Read More

Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts maintain a positive outlook. The bank’s performance in loans, net interest margin, and asset quality is favorable. SBI’s share price is near its 52-week high. The stock shows a strong...Read More

LG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA margin, and strong market share gains across TVs, refrigerators and ACs. With localization, price hikes, premiumization and revived demand set to lift margins, the company expects a stronger Q3–Q4 and a return toward double-digit profitability in FY26.Read More

LG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA margin, and strong market share gains across TVs, refrigerators and ACs. With localization, price hikes, premiumization and revived demand set to lift margins, the company expects a stronger Q3–Q4 and a return toward double-digit profitability in FY26.Read More