Vedanta Oil & Gas posted a Rs 945 crore net profit for Q1 FY27. This marks a significant turnaround from the previous year’s net loss. The company’s revenue from operations also saw an increase of 8.5 percent. This profit was achieved despite reporting an exceptional net loss. The firm’s financial performance shows positive momentum in...Read More
On Wednesday, the Indian rupee hit a three-week peak as local stocks surged, with traders adjusting their positions ahead of the Federal Reserve’s decision. State-run banks contributed by selling dollars, which alleviated demand pressure amid futures expiry. However, Brent crude prices soared amidst rising tensions in the Middle East, while global share markets faced challenges,...Read More
State Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received bids exceeding twice the base size, reflecting strong demand from institutional investors across multiple domestic financial segments.Read More
Edelweiss Alternatives Asset Advisors has secured over Rs 1,200 crore for its second Discovery Fund and made its first investment by leading a Rs 230-crore Series A round in Arboreal Bio Innovations to support manufacturing expansion and product development.Read More
Despite a sluggish broader market, 15 top-performing Indian midcap stocks generated massive wealth over the past year, surging up to 98%. Led by names like Laurus Labs and Bharat Forge, this detailed breakdown highlights their price rallies alongside key foreign institutional investor and mutual fund holding patterns in June 2026.Read More
Aberdeen Group experienced substantial net outflows of £3 billion in the first half. This occurred as withdrawals from investment and adviser businesses offset strong growth. Interactive investor platform attracted record inflows, but larger clients reduced asset holdings. The company’s assets under management reached £579.4 billion. Adjusted operating profit rose, narrowly exceeding market expectations for the...Read More
European bond markets have largely tracked developments in the Gulf conflict since hostilities began in late February, with movements in energy prices playing a key role in shaping investor sentiment. Market participants are closely monitoring whether a sustained rise in oil prices could fuel broader inflation pressures and prompt central banks to maintain tighter monetary...Read More
Asian Paints Q1 Results: Asian Paints reported a strong Q1 FY27 performance, with consolidated net profit rising 40% year-on-year to Rs 1,539 crore, driven by robust demand and improved profitability. Consolidated net sales grew 18% to Rs 10,521 crore, while margins expanded on the back of calibrated price hikes, a better product mix, sourcing efficiencies...Read More
KPIT Technologies reported a 32% YoY decline in Q1 FY27 net profit to Rs 117 crore, but its shares surged 10% to Rs 662.65 as revenue grew 9% to Rs 1,675 crore, slightly topping management’s previous outlook. The company also announced a final dividend of Rs 5.25 per share.Read More
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