Eternal CEO Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY29, driven by NOV growth, resilient India-first operations, and scalable ecosystems supporting millions of customers, partners, and workers nationwide.Read More
Air compressors-maker Kirloskar Pneumatic Company has announced a 1:2 stock split for its eligible shareholders, along with a final dividend of Rs 8.5 per share and Q4 results.Read More
State-run REC reported a 22% year-on-year drop in Q4 profit to Rs 3,375 crore, with revenue declining 5%. Sequential performance also weakened, while expenses increased. The company maintained strong loan assets and announced a final dividend, taking total FY26 payout higher.Read More
Japan’s Nikkei share average slipped from a record high, government bonds swung and the yen rallied on Tuesday, after the central bank struck a hawkish tone as it kept interest rates unchanged.Read More
European shares were muted on Tuesday as investors braced for a week packed with central bank meetings and corporate earnings, while weighing a diplomatic impasse in U.S.-Iran negotiations.Read More
Australian shares closed at their lowest in nearly four weeks on Tuesday as stalled U.S.-Iran peace talks and caution ahead of domestic inflation data kept investors on edge.Read More
Indian banks are set for a major provisioning change with Expected Credit Loss (ECL) norms arriving April 1, 2027. This global shift means banks will provision for future loan losses, not just past ones. Experts say the impact is manageable, with banks already preparing. This upgrade strengthens the banking system for future economic challenges.Read More
Maruti Suzuki India Q4 Results: The company’s revenue from operations stood at Rs 52,449 crore for the quarter, up 28% from Rs 40,910 crore in the corresponding period of the previous financial year.Read More
Maruti Suzuki announced its largest-ever dividend of Rs 140 per share for FY26, totaling Rs 4,401.6 crore. The record date for eligible shareholders is August 7, with payment scheduled for September 9, pending AGM approval. This marks a significant increase from the previous year’s payout.Read More
Solar cells and solar modules manufacturer Websol Energy System reported a net profit of Rs 125 crore in the March-ended quarter on Tuesday versus Rs 48 crore in the year ago period, implying a 158% surge.Read More
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