In its FY27 first-quarter earnings call, Manappuram Finance outlined plans to strengthen asset quality, expand into higher-ticket segments like affordable housing, and maintain profitability amid a diversified lending portfolio aimed at balancing growth with credit discipline. Manappuram Finance used its…
Gold reached its highest level in over two months amid anticipation of US inflation figures influencing Fed policies and escalating geopolitical tensions supporting safe-haven demand. Gold rose on Tuesday to its highest level in more than two months as traders…
Indian benchmark indices are expected to open on a cautious note as ongoing tensions in the Strait of Hormuz and key technical levels keep traders on edge, with fears of deeper declines amid consolidation phase. Indian markets are set for…
The Gurugram-based e-commerce enablement platform attracts prominent domestic and global investors, signalling strong confidence as it prepares to list on NSE and BSE with a planned IPO of over Rs 1,600 crore. Shiprocket has drawn strong institutional interest ahead of…
Aditya Birla Sun Life AMC introduces two specialised long-short equity funds, offering investors differentiated exposure to India’s mid and small-cap segments with dynamic risk management features amid evolving market conditions. Aditya Birla Sun Life Asset Management Company has opened subscription…
Triveni Turbine’s Q1 FY27 results highlight a surge in export orders and demand from emerging markets, even as margin pressures from shipping costs and mix challenges temper domestic profits. The company remains optimistic about a stronger second half supported by…
Abrdn’s BCD ETF is attracting interest for its tax-efficient, broad exposure to commodities through a K-1 free structure, offering a potential hedge during inflationary and market turmoil scenarios, in contrast to traditional funds like Invesco’s DBC. abrdn’s BCD has drawn…
Spot gold reaches its highest level since June, driven by record inflows into the GLD ETF and heightened investor appetite amid market uncertainty, signalling renewed confidence in gold as a safe haven. Spot gold climbed to $4,395 an ounce on…
Antony Waste Handling’s Q1 FY2027 revenue rose 6% amid contract wins and refinancing gains, but profits declined sharply due to operational challenges and a tragic incident at a waste-to-energy plant, signalling a complex recovery trajectory. Antony Waste Handling Cell said…
Vodafone Idea marks a turning point with its first net subscriber increase since 2018 and a boost in revenue and ARPU, signalling a potential recovery driven by 4G and 5G expansion. Vodafone Idea said its first quarter of fiscal 2027…
Amid rising market uncertainties from geopolitical tensions, trade worries, and Fed policy shifts, investors increasingly turn to gold ETFs like SPDR Gold Shares, potentially pushing prices back above $5,000 by year-end. Gold has a habit of drawing attention when confidence…
Mumbai-based NRB Bearings, traditionally an auto-ancillary firm, is now diversifying into aerospace and robotics sectors, backed by increasing foreign institutional investor stake and resilient financial performance amidst rising input costs. Foreign investors have been steadily increasing their exposure to NRB…
