Garware Hi-Tech Films has transitioned from a niche player to a market momentum name, posting record quarterly results and planning over ₹300 crore in expansion, raising questions on sustainability amid high valuations. Garware Hi-Tech Films has moved from being a…
Small-cap biotech Sellas Life Sciences is bracing for a potentially significant market move of about 12% after its August 13 earnings release, with options market indicating heightened volatility amid ongoing pipeline uncertainties. SELLAS Life Sciences Group is heading into its…
India has introduced a new export-centric framework allowing foreign investment in inventory-based e-commerce dedicated to overseas shipments, aiming to enhance global market access for domestic producers without altering domestic consumption restrictions. India has moved to open a new export channel…
IndusInd Bank has cleared a significant regulatory hurdle by securing RBI approval to establish a wholly owned subsidiary for stock broking, signalling a strategic move to expand into capital market services and diversify revenue streams. IndusInd Bank has cleared a…
A recent RTI disclosure reveals that Pune’s public bus operator, PMPML, lost nearly ₹3,000 crore over four years, raising concerns over financial stability, management practices, and transparency in the city’s critical infrastructure. An RTI disclosure has raised fresh questions over…
Emcure Pharmaceuticals sees 22.8% revenue growth amid strong overseas sales and pipeline progress, with expectations of stabilising domestic growth and advancing biologics innovation. Emcure Pharmaceuticals said revenue rose 22.8% year on year to ₹2,580 crore in the quarter ended June,…
Bajaj Electricals demonstrates a significant improvement in operating margins driven by cost control and product premiumisation, with the consumer division returning to growth despite supply chain disruptions, signalling a resilient recovery amid macroeconomic challenges. Bajaj Electricals said its first-quarter earnings…
Despite robust growth in casting, the company’s margins face headwinds from rising input costs and volatile markets, even as it invests in capacity and forward integration. Kirloskar Ferrous Industries said its casting business remained the main engine of growth in…
As global AI markets waver, India’s broader economic recovery, tech investments, and changing investor sentiment are positioning the country as a new rallying point in the evolving AI-driven trade landscape. India’s stock market, long overshadowed by Asia’s AI-heavy trading favourites,…
Ventive Hospitality reports a 13% revenue increase in India driven by higher room rates and full hotels, as the company invests in solar projects and expands its luxury portfolio amid rising costs in the Maldives. Ventive Hospitality said its India…
