Indian stock markets, Sensex and Nifty, experienced a decline of up to 0.5% on Tuesday, reversing gains from the previous day. This downturn was triggered by renewed concerns over the US-Iran conflict, which fueled a surge in oil prices. Despite the broader market dip, Nifty Smallcap and Midcap indices showed resilience, rising by up to 0.4%.Read More
The Indian rupee weakened to a near one-month low on Tuesday, pressed by a stubborn rise in oil prices and sustained hedging by local importers against further weakness, underscoring anxiety over the currency’s outlook as it nears the 95 per dollar mark.Read More
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
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