News That Shapes
Your Next Trade
Showing 16 articles
The Reserve Bank of India kept its benchmark repo rate unchanged at 6.5% citing persistent inflation concerns and global economic headwinds from US tariff policies.
IT giant Infosys reported a 11.4% year-on-year rise in net profit for Q3, driven by strong deal wins in North America and Europe. Management raised revenue guidance for FY25.
Sun Pharmaceutical Industries announced the acquisition of a leading US dermatology brand, strengthening its specialty pharma portfolio in the American market.
Reliance Retail Ventures reported strong quarterly numbers with revenues growing 18% year-on-year, backed by expansion in tier-2 and tier-3 cities across India.
Oil and Natural Gas Corporation announced a significant natural gas discovery in the Krishna-Godavari deepwater basin, potentially adding to India's domestic gas production.
Tata Steel unveiled a major capital expenditure plan to expand its Kalinganagar plant capacity, aiming to increase steel output to meet growing domestic infrastructure demand.
HDFC Bank has completed the core systems integration following its merger with HDFC Ltd, and management signalled a return to aggressive loan book growth in FY26.
Wipro announced a landmark five-year partnership with Microsoft to build AI-powered enterprise solutions on Azure, targeting clients across banking, healthcare, and manufacturing.
Maruti Suzuki India announced plans to launch three electric vehicles in calendar year 2025 in partnership with Toyota, targeting the mass market EV segment below ₹15 lakh.
Adani Green Energy crossed the 10 gigawatt operational renewable energy capacity milestone, becoming one of the largest renewable energy companies in Asia.
Avenue Supermarts, which operates DMart, reported same-store sales growth of 9.5% in Q3 FY25 driven by higher footfalls and improved product mix in food and FMCG categories.
NTPC Limited commissioned India's largest green hydrogen production facility in Rajasthan with a capacity of 10 tonnes per day, a key milestone in India's hydrogen mission.
DLF announced the launch of an ultra-luxury residential project in Gurugram with apartments starting at ₹10 crore, targeting HNI and NRI buyers amid surging premium housing demand.
Zee Entertainment Enterprises announced a sweeping cost restructuring plan including a 10% workforce reduction and consolidation of its OTT and linear TV operations to restore profitability.
Hindustan Zinc reported record silver production of 180 tonnes in Q3 FY25, driven by higher ore grades and improved metallurgical recovery at its Rajasthan operations.
Cipla received final approval from the US FDA for its generic version of a key respiratory drug, opening access to a $400 million addressable market in the United States.