India’s retail chains posted strong second-quarter revenue growth, but festive timing, store expansion and weaker comparable-store sales created a more uneven picture beneath the headline numbers. Retail investors watching India’s value and fashion chains after the latest results may find…
Indian SMEs raised ₹3,791.67 crore and recorded 80 listings in the July-to-September quarter, signalling a sharp recovery in market activity despite proceeds remaining below last year’s peak. India’s small and medium enterprise initial public offering market regained momentum in the…
Jio Financial Services reported a 51% annual decline in second-quarter profit as operating expenses, finance costs and provisions rose sharply, despite strong growth in revenue, lending and assets under management. Jio Financial Services said its earnings came under pressure in…
Indian equities rebounded after two losing sessions as a strong TCS earnings report, gains in technology stocks and softer crude prices helped the Sensex climb 879 points and the Nifty reclaim 22,500. Indian shares staged a sharp recovery on Friday,…
Tech Mahindra shares rose as much as 7% after a 32.7% jump in quarterly profit, a ₹15 interim dividend and board approval for a 1:1 bonus issue. Tech Mahindra shares jumped on Friday after the Indian technology services company reported…
Matthews Asia portfolio manager Andrew Mattock says broad emerging markets funds offer limited exposure to Chinese AI companies, leaving investors to make a more targeted bet. Investors hoping to capture the biggest gains from artificial intelligence may need to look…
E2E Networks reported record September-quarter growth after securing a multi-year sovereign AI contract for Nvidia Blackwell capacity, while management avoided formal forecasts amid rapid market change. E2E Networks said revenue surged in the September quarter as demand for advanced graphics…
India’s markets regulator will restore a 30-minute VWAP settlement method and separate the closing auction session in a bid to reduce volatility and revive participation in expiry-day derivatives trading. India’s markets regulator has moved to soften a contentious overhaul of…
India’s markets regulator has reversed its expiry-day settlement change after receiving more than 20,000 consultation responses, winning broker support while renewing questions over regulatory intervention. SEBI’s decision to restore the earlier 30-minute volume-weighted average price settlement method for expiry days…
SBI Research warns that India’s benchmark 10-year government bond yield could rise to 7.6% if elevated US borrowing costs and persistent inflation continue to unsettle global markets. SBI Research has warned that India’s benchmark 10-year government bond yield could climb…
HDFC Asset Management’s September-quarter profit rose to ₹749 crore as revenue and assets under management grew, despite lower treasury and investment gains. HDFC Asset Management Company reported a modest rise in September-quarter net profit, helped by stronger revenue and a…
Citizens has reaffirmed its $17 price target for Opus Genetics, but the clinical-stage biotech’s weak finances, modest revenue and significant insider selling highlight the risks behind the bullish call. Citizens has reiterated a “Market Outperform” rating on Opus Genetics and…
