Janus Henderson Group and other major fund managers increase holdings in Indian online travel firm, signalling sustained confidence despite market fluctuations and a mixed analyst view, with Wall Street broadly positive on the company’s growth prospects. Janus Henderson Group lifted…
India’s burgeoning IPO pipeline sees 10 major companies, spanning sectors from solar manufacturing to healthcare, authorised to raise over ₹53,700 crore, signalling renewed confidence in the market’s growth trajectory. India’s public offering pipeline is building again, with 10 large companies…
Despite a decline in revenue and profits for the first quarter of FY 2026-27, Pace Digitek accelerates its energy storage expansion with new manufacturing milestones and increased installed capacity. According to Renewable Watch, Pace Digitek reported a softer first quarter…
Shares in Siemens Energy India surged following a significant rise in revenue, profit, and order backlog, signalling strong business momentum amid broader Indian market weakness. Siemens Energy India shares surged as investors reacted to a sharp improvement in earnings and…
India Shelter Finance Corporation saw a 24% year-on-year increase in assets under management to ₹11,284 crore in Q1 FY27, with profits rising despite a change in loan disbursement recognition method, indicating resilience in the affordable housing finance sector. India Shelter…
State Bank of India reports a 13.73% rise in consolidated net profit for June quarter, driven by higher income and lower bad loan provisions, as shares react positively. State Bank of India reported a 13.73% rise in consolidated net profit…
Trent reports a 22% quarterly profit increase driven by aggressive expansion into Tier II and Tier III cities, offsetting rising costs amid shifting consumer spending patterns across India. Trent reported a 22% rise in quarterly profit on Thursday as the…
India’s sovereign gold bond scheme, once seen primarily as a gold substitute, has evolved into a more sophisticated and regulated component of household wealth management, despite recent tax rule changes affecting capital gains exemption. India’s Sovereign Gold Bond scheme was…
Gold prices surged over 1% in Asian trading, reaching a seven-week high amid softer oil prices, declining inflation concerns, and shifting market sentiment on geopolitical risks. Investors await US labour data with expectations of higher gold prices ahead. Gold extended…
India is on course to exceed its ₹80,000 crore fundraising goal through state-run company stake sales, buoyed by the largest LIC divestment in years and promising progress on IDBI Bank stake sale, amid ongoing fiscal pressures. India is on track…
State Bank of India shares rose 3.5% on Friday following a stronger-than-expected June quarter performance, with net profit surpassing analyst expectations and asset quality improving, signalling resilience amid market uncertainties. State Bank of India shares rose 3.5% on Friday after…
Mumbai-based Lupin Ltd reported a 16% increase in quarterly profit, driven by robust sales across its key markets, especially the US, signalling strong start to the financial year amid broad-based growth. Lupin Ltd has started the financial year with a…
