Mangalore Refinery and Petrochemicals Ltd says damage from the September 30 Coker Hydrotreater fire is fully insured, while quarterly profit after tax rose 194% to ₹1,881 crore. Mangalore Refinery and Petrochemicals Ltd has told stock exchanges that a fire at…
India’s biggest-ever IPO is due to open this week, while foreign outflows, elevated crude prices and a packed earnings calendar test the market’s recent rebound. Indian equities are heading into a holiday-shortened week with one story dominating market attention: the…
Reliance-backed Jio Platforms is betting that millions of 2G users, low fixed-broadband penetration and overseas demand for its technology will drive its next phase of growth ahead of its 21 October listing. Jio Platforms is set to open its ₹30,213…
Hunger Pangs’ net loss widened to ₹15.4 crore in fiscal 2026 despite a 46.6% jump in revenue, as rising costs outpaced growth ahead of its proposed ₹150 crore IPO. Hunger Pangs, the company behind the Burma Burma restaurant chain, swung…
HDFC Bank matched September-quarter profit expectations as strong lending and deposit growth was offset by narrower margins and weaker treasury income. HDFC Bank reported September-quarter profit in line with analyst expectations even as margins narrowed, underscoring how India’s biggest private…
Tata Elxsi’s revenue and operating margins improved in the September quarter, but almost flat sequential profit leaves investors waiting for stronger evidence of a durable turnaround. Tata Elxsi’s share price has staged a partial recovery after sliding to a 52-week…
ICICI Bank’s standalone net profit rose to Rs 14,843 crore in the second quarter, while advances surged 30% and bad-loan ratios improved despite weaker margins. ICICI Bank reported a strong second quarter, with standalone net profit rising 20.1% from a…
HDFC Bank’s second-quarter net profit rose 4.7% to ₹19,510 crore as stronger lending income was offset by weaker treasury gains, higher taxes and a continued decline in its net interest margin. HDFC Bank reported a subdued rise in second-quarter standalone…
Gold struggles to reclaim ₹1,48,000 while silver targets ₹2,00,000 as hotter US inflation, rising Treasury yields and a stronger dollar weigh on bullion. Precious metals came under renewed pressure last week, with both gold and silver extending losses after a…
HDFC Bank expects a modest margin boost from a 25-basis-point rate increase as changing household savings habits pressure low-cost deposits, despite robust loan and deposit growth. HDFC Bank is expecting a modest lift to margins from the December quarter, banking…
India has shielded itself from the initial energy shock by diversifying crude supplies, but sustained pressure on diesel and jet fuel could push up costs and strain public finances. India could come under renewed inflation pressure if the Middle East…
IDBI Bank’s reported second-quarter profit fell 39% after a one-off gain last year, but underlying earnings, net interest income and margins improved as Fairfax’s proposed Rs 52,878 crore takeover moved closer to completion. IDBI Bank reported a sharp fall in…
