Coforge Q2 Results: Coforge reported a stellar Q2, with net profit surging 86% year-on-year to Rs 376 crore. Revenue climbed 32% to Rs 3,986 crore, driven by strong order intake and new client acquisitions. The company’s robust performance and low attrition signal an exceptional fiscal year ahead, according to its CEO.Read More
Markets regulator Sebi on Friday introduced a streamlined process for transferring Portfolio Management Services (PMS) business from one portfolio manager to another, aimed at enhancing ease of doing business.Read More
On Friday, the Sensex declined about 345 points to close at 84,211. Despite the broader market weakness, nine stocks from the BSE 500 index hit fresh 52-week highs, signalling sustained bullish momentum. Sammaan Capital, Federal Bank and seven other stocks delivered strong gains over the past month.Read More
Billionaire investor Radhakishan Damani has invested Rs 90 crore in Lenskart. This investment comes before Lenskart’s upcoming Rs 2,150 crore initial public offering. The eyewear retailer plans to use the funds for expansion, technology, and marketing. Lenskart operates online and through a large retail network. It also has international presence. The IPO will see promoters...Read More
Jio Platforms is gearing up for its highly anticipated IPO, with analysts projecting it could achieve a dazzling valuation of USD 148 billion by September 2027. This bullish outlook is fueled by enhanced sector dynamics, a more robust tariff environment, and an accelerating shift towards 5G technologies.Read More
Indian government bonds ended little changed, recovering from intraday declines, but posted a weekly drop on Friday as thin trading volumes encouraged short-sellers, while investors largely stayed away on interest rate uncertainty.Read More
Dr Reddy’s Laboratories Q2 Results: Generic drugmaker Dr Reddy’s Labs reported 7% growth in its net profit at Rs 1,347 crore in the September quarter, compared with Rs 1,255 crore in the same quarter of last year. Revenue from operations increased 10% YoY to Rs 8828 crore.Read More
The Indian Rupee saw a slight uptick of 10 paise against the US Dollar, finishing at 87.78 on Friday. This increase was fueled by encouraging news from trade negotiations between India and the US, combined with declining crude oil prices, which proved beneficial for the local currency.Read More
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