Vedanta Q4 Results: Vedanta announced a significant financial performance for the March quarter. The company’s net profit soared by 92% year-on-year to Rs 6,698 crore. Total revenues also saw a substantial increase of 47% year-on-year. Vedanta achieved its best-ever EBITDA and a record Return on Capital Employed. The net debt to EBITDA ratio improved considerably,...Read More
European shares dipped on Wednesday, as investors turned their focus to a packed day of corporate earnings, while a continuing U.S.-Iran impasse also kept risk sentiment in check.Read More
Indian Bank reported a standalone net profit of Rs 3,103 crore for the March-ended quarter, up 5% from Rs 2,956 crore a year ago. Net interest income (NII) rose 11% to Rs 7,110 crore in Q4FY26, compared with Rs 6,389.34 crore in the corresponding quarter of the previous financial year.Read More
Silver prices declined by Rs 1,137 to Rs 2.36 lakh per kilogram in futures trade on Wednesday as traders trimmed positions amid concerns over elevated crude oil rates and strengthening of the US dollar.Read More
Indian education firm Allen Career Institute, backed by James Murdoch and Uday Shankar’s Bodhi Tree Systems, is reportedly exploring an initial public offering in Mumbai. The company, a specialist in competitive test preparation, has been in discussions with investment banks about a potential listing. Deliberations are ongoing, and a final decision on the IPO has...Read More
Foreign investors have pulled more than $20 billion out of Indian equities in the first four months of 2026, surpassing last year’s record annual exit, as an Iran war-driven spike in oil prices soured sentiment on Asia’s third-largest economy and one of the biggest importers of crude oil.Read More
Realty firm Mahindra Lifespace Developers Ltd’s sales bookings rose 21 per cent to Rs 3,405 crore last fiscal on better demand for its residential properties.Read More
Blackstone-backed Bagmane Prime Office REIT on Wednesday fixed a price band of Rs 95-100 per unit for its Rs 3,405-crore initial public offering (IPO), which will open for subscription on May 5.Read More
Maruti Suzuki anticipates a strong 10% volume growth in FY27, supported by new production lines. The company’s outlook is bolstered by healthy demand, especially from rural markets. Margin recovery will be a gradual process, with Maruti carefully managing input cost increases. Exports are expected to remain stable. The company is well-positioned for the upcoming fiscal...Read More
Markets are oscillating between sentiment and fundamentals, with global disruptions impacting near-term earnings. Raunak Onkar of PPFAS Mutual Fund highlights that while growth expectations are long-term, supply chain issues may affect upcoming quarters. He remains positive on the structural trajectory of financial services and technology, despite AI concerns.Read More
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