Public sector undertakings (PSUs) have demonstrated significant financial improvement, with their share of net profit in the ET 500 rankings expanding sharply to 30.7% in FY25 from 17.9% in FY19. PSUs also outpaced non-PSUs in sales and profit growth, showcasing a robust financial turnaround.Read More
This year’s ET 500 list reveals fierce competition. Many companies saw their rankings fall. However, some firms achieved notable gains. Aster DM Healthcare and Strides Pharma Science climbed significantly. New companies also entered the prestigious list. The cutoff income for the 500th company has also risen, indicating growth in corporate India’s scale of operations.Read More
Asian stocks advanced for a second day, mirroring Wall Street’s bullish momentum and signaling a year-end rally. The MSCI Asia Pacific index rose, with Japan’s Topix also climbing. This positive sentiment, driven by technical factors and stimulus optimism, is setting the stage for a strong finish to the year and a solid start to the next.Read More
Six companies had shown interest in acquiring Aviom India Housing Finance under the National Company Law Tribunal (NCLT)-monitored process but eventually three of them participated at the challenge auction process that concluded last week.Read More
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