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Adani Electricity Mumbai has secured a AAA credit rating from India Ratings, placing the private utility on par with India’s sovereign credit profile. The upgrade reflects regulatory support, declining leverage and improved operating performance following a turnaround since its acquisition in 2018.
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European shares took a breather on Wednesday after two consecutive days of gains ‌as ‌investors parsed through a string of earnings updates and executive commentary, ‌while ASML hit a record high.
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SBI Life Q3 Results: For the nine months ended December 2025, SBI Life retained its leadership position in individual rated premium, clocking Rs 16,680 crore and securing a 25.6% share of the private market.
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Maruti Suzuki Q3 Results: Maruti Suzuki reported a 4% year-on-year rise in net profit to Rs 3,794 crore for the December quarter, driven by a 29% increase in revenue to Rs 49,891 crore. However, lower export proceeds and a one-time provision impacted profitability, leading to a smaller-than-expected quarterly profit. The results saw the company’s shares...
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State-owned defence electronics major Bharat Electronics Ltd (BEL) announced a strong performance for the December quarter, with consolidated net profit surging 21% year-on-year to Rs 1,580 crore. Revenue from operations also saw a significant jump of 24% YoY, reaching Rs 7,154 crore, indicating robust growth for the company.
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Shadowfax is at the forefront of India’s last-mile logistics evolution. The company is experiencing strong growth driven by e-commerce and quick commerce. Aggressive expansion into new areas and technology are key. Shadowfax is improving efficiency and profitability. The company is set to play a significant role in the country’s logistics future.
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Short-end euro zone bond yields fell on ‍Wednesday after European Central ​Bank policymaker Martin Kocher warned that further ⁠euro strength could force them to resume interest rate cuts.
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Realty firm Mindspace Business Parks REIT on Tuesday reported a 33 per cent increase in consolidated net profit to Rs 180.09 crore in the December quarter of this fiscal year on higher income.
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TVS Motor Q3 Results: TVS Motor Company achieved its highest-ever quarterly sales, revenue, and profits in the December quarter. Consolidated net profit surged 49% year-on-year to Rs 841 crore. Revenue from operations rose 34% to Rs 14,756 crore. Overall two-wheeler and three-wheeler sales grew 27% to a record 15.44 lakh units. Electric vehicle sales also...
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Brokerage commentary suggests that while the overall fiscal stance is likely to remain disciplined, the composition of government spending could shift meaningfully. Jefferies expects total government capital expenditure to grow by about 12% in FY27 to Rs 12.5 lakh crore, but flags that defence capex may grow much faster—by as much as 25%.
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