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EID Parry reports profit decline amid modest revenue growth in latest quarter

EID Parry India Ltd’s consolidated net profit dropped in the June quarter despite a slight increase in revenue, signalling a challenging start to the new financial year amid volatile commodity prices and fluctuating demand. EID Parry India Ltd said its…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Equity funds offer long-term growth but require patience amid market volatility

While equity funds can generate substantial wealth over time, recent data highlights the importance of patience and strategic fund selection in navigating unpredictable market cycles. Equity funds do not offer a fixed rate of return, and that is precisely what…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Marksans Pharma stock hits new high after record quarterly earnings and overseas growth

Shares of Marksans Pharma surged up to 14% on the back of its strongest quarter yet, with profit nearly tripling and revenues driven by record UK and European sales, as the drugmaker’s global footprint expands and cash reserves cross ₹1,000…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Hi-Tech Pipes stock plunges 8% despite record volume growth as profit margins shrink

Shares of welded steel pipe maker Hi-Tech Pipes declined sharply on Wednesday, after reporting a marginal drop in quarterly net profit amid rising revenues and an expansion in sales volumes, highlighting the pressure on profit margins despite strong demand from…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Landmark Cars stock drops despite strong profit growth and new EV incentive partnership

Landmark Cars shares declined over 7% on August 12 amid a quarterly profit surge and a new electric vehicle charging credit programme with ChargeZone, highlighting the sector’s evolving landscape and investor caution. Landmark Cars fell more than 7% on August…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Delhi consumer forum orders Citi Bank to refund overinterest on home loan and pay compensation

The Delhi State Consumer Disputes Redressal Commission has directed Citi Bank to refund ₹12,91,248 to a woman after excessive interest charges on her home loan and to pay additional compensation, underscoring increasing scrutiny of banks in long-running disputes. The Delhi…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Navi Mumbai homebuyers can accelerate their goal with disciplined 18-month savings plan

A structured 18-month savings strategy, complemented by research and prudent borrowing, can make Navi Mumbai’s property ownership more attainable for first-time buyers, transforming the journey from distant dream to achievable goal. Buying a home in Navi Mumbai is rarely just…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

HeloAir expands niche with safety leadership and regional response capabilities

HeloAir, a Virginia-based helicopter operator with over 30 years’ experience, enhances its regional role through a focus on safety, emergency response, and versatile aerial services, maintaining a fleet of seven helicopters and accident-free records. HeloAir has spent more than 3…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Tripura paediatrician's bank account hacked in Rs 7 lakh cyber fraud amid security concerns

A senior paediatrician in Agartala alleges a Rs 7 lakh theft from his UCO Bank account through unauthorised transactions, raising questions over banking authentication and security measures amid recent financial scams in the region. A senior paediatrician in Agartala has…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Frustration with infrastructure prompts companies in Chakan MIDC to consider relocating to Khandala MIDC

Rising traffic jams, damaged roads, and inadequate services are pushing nearly 20 companies in Chakan MIDC to contemplate moving to Khandala MIDC, as infrastructure woes threaten one of Maharashtra’s key industrial hubs. Around 20 companies in Chakan MIDC are considering…

  • apxadmin
  • August 12, 2026
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