Welspun Corp on Thursday posted a 57 per cent rise in consolidated net profit to Rs 443.51 crore in the September quarter, driven by a rise in revenues from the core steel products business.Read More
Swiggy is planning to raise Rs 10,000 crore through a qualified institutional placement to strengthen growth capital and strategic flexibility. The move comes amid intensifying competition and follows a wider quarterly loss of Rs 1,092 crore due to higher expenses.Read More
State-run Union Bank of India on Thursday reported a 10 per cent decline in September quarter profit at Rs 4,249 crore, driven by a decline in core income and also recoveries from written-off accounts.Read More
ITC Q2 Results: Diversified conglomerate ITC Ltd reported 3% year-on-year (YoY) growth in its net profit at Rs 5126 crore in the second quarter. Revenues declined 1% YoY to Rs 21,256 crore.Read More
Benchmark indices ended lower as selling hit banking, auto, and IT stocks. Vaibhav Global, Canara Bank, and Sagility gained on strong Q2 results, while Vodafone Idea and Dr Reddy’s declined sharply.Read More
Swiggy Q2 Results: Food delivery giant Swiggy reported a consolidated net loss of Rs 1,092 crore for the September quarter, an increase from the previous year’s Rs 626 crore loss. Despite the wider loss, the company saw a significant 54% year-on-year revenue growth, reaching Rs 5,561 crore in the same period.Read More
Indian stocks declined on Thursday as the U.S. Federal Reserve cut interest rates but signaled a potential pause in further reductions for 2025. This move, coupled with uncertainty over the U.S. economic outlook due to the government shutdown, dampened investor sentiment and pressured emerging market equities.Read More
The Indian rupee weakened significantly on Thursday, reaching its lowest point in two weeks. This decline was driven by increased dollar demand and a hawkish stance from the U.S. Federal Reserve. Traders noted that the Reserve Bank of India intervened to limit losses but not aggressively. Asian currencies also saw a downturn. U.S. Treasury yields...Read More
Hyundai Motor Q2 Results: Hyundai Motor India reported a 14.3% year-on-year rise in consolidated net profit to Rs 1,572 crore for the September 2025 quarter. Revenue from operations saw a 1.2% increase to Rs 17,461 crore, driven by festive demand and strong SUV sales. The company’s EBITDA margin improved to 13.9% due to a favorable...Read More
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