Vedanta Ltd on Friday reported a 60.8 per cent decline in consolidated net profit at Rs 1,808 crore for the quarter ended September 30 on the back of higher expenses. The company had posted a consolidated net profit of Rs 4,615 crore in the year-ago period, Vedanta Ltd said in a regulatory filing. The company's [...]
The shares of J Kumar Infraprojects increased by 8 percent to close at Rs 244 on Thursday. Continuing the rally, the stock was trading 2 percent higher at Rs 248 levels till the afternoon on Friday. In the past month, the stock has shed 13 percent. However, on a YTD basis, the stock has added [...]
The shares of Vaibhav Global Ltd zoomed 8.17% on Friday’s early trades to reach an intraday high of ₹ 370.00 apiece on the National Stock Exchange (NSE). This happened after the company reported its quarterly results and declared a dividend. Its shares were trading at ₹ 362.30 apiece, up 5.92% at 01:44 PM on Friday. [...]
Shares of Infibeam Avenues shot up 19.72% on Friday’s early trades to reach a high of ₹ 17.30 on the National Stock Exchange. This happened after the company received a payment aggregator license from the Reserve Bank of India. Infibeam Avenues is a fintech company that provides software development services, maintenance, web development, payment gateway [...]
The shares of TD Power Systems Limited were trading 1.4 per cent lower on Friday morning at Rs 616 levels. In the past four months, the stock has zoomed by approximately 33 per cent. In a year, it has gained 82 per cent. TD Power Systems is one of the leading manufacturers of AC Generators [...]
When Parag Agrawal was appointed CEO of Twitter in November 2021, the IIT graduate joined a steadily growing club of executives from India rising to the top of global corporations, but the 38-year-old executive's brief tenure at the helm of the social media giant was challenging and chaotic. Less than a year into his job [...]
Telecom infrastructure company Indus Towers on Thursday reported about 44 per cent fall in its consolidated net profit for September quarter at Rs 872 crore, and said profits remained under pressure due to collection challenges from one of the major customers. The second quarter consolidated revenue at Rs 7,967 crore was up 16 per cent [...]
The initial share sale of microlender Fusion Microfinance, backed by global private equity major Warburg Pincus, will open for public subscription on November 2. The initial public offering (IPO) will conclude on November 4. The bidding for anchor investors will open on November 1, according to the red herring prospectus (RHP). The IPO comprises fresh [...]
The Reserve Bank has called a special meeting of the Monetary Policy Committee on November 3 to prepare a report on its failure to keep retail inflation below 6 per cent for three consecutive quarters. "Under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act ...an additional meeting of the MPC [...]
The shares of Indian Energy Exchange Limited reached its new 52-week low of Rs 133.85 in the early hours of Tuesday. After a day off, the shares started on a weak note again on Thursday and were trading at Rs 139 levels. The shares declined after the company reported a decline of 7 percent in [...]
