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News Desk

Anant Ambani Appointed Whole-Time Director at Reliance Industries for 5 Years

Anant Ambani Appointed Whole-Time Director at Reliance Industries for 5 Years

/ Indian Market /

Reliance Industries Ltd (RIL) announced on April 25 that Anant M. Ambani, the youngest son of Mukesh Ambani, has been appointed as a whole-time director of the company. His five-year term will begin from May 1, 2025, after shareholder approval. Anant Ambani has already been serving as a non-executive director on Reliance Industries’ board. With […]

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Sensex Crashes Over 1,000 Points, Nifty Below 24,000 as Indo-Pak Tensions Rattle Markets

Sensex Crashes Over 1,000 Points, Nifty Below 24,000 as Indo-Pak Tensions Rattle Markets

/ Indian Market /

Indian stock markets saw heavy selling on April 25, with the Sensex falling over 1,000 points and the Nifty slipping below the 24,000 mark. This sharp fall came due to rising India-Pakistan border tensions, weak banking sector performance, and profit-booking by investors. The Sensex dropped 1,004 points or 1.25 percent to settle at 78,797.39, while

Sensex Crashes Over 1,000 Points, Nifty Below 24,000 as Indo-Pak Tensions Rattle Markets Read More »

Adani Energy Solutions Posts 79% Rise in Q4 Profit, Revenue Jumps 35%

Adani Energy Solutions Posts 79% Rise in Q4 Profit, Revenue Jumps 35%

/ Results /

Adani Energy Solutions Ltd reported strong financial results for the fourth quarter of FY25, with net profit rising by 79 percent to ₹647.15 crore. In the same period last year, the company had posted a profit of ₹361.44 crore. The company’s revenue from operations also saw good growth, rising by 35 percent year-on-year to ₹6,374.58

Adani Energy Solutions Posts 79% Rise in Q4 Profit, Revenue Jumps 35% Read More »

ACC Q4 Profit Falls 20% Despite Higher Revenue; Declares ₹7.5 Dividend for FY25

/ Results /

ACC Ltd, part of the Adani Group, announced its financial results for the fourth quarter of FY25 on April 24, showing a 20 percent fall in net profit. The company reported a profit of ₹751 crore for the March quarter, down from ₹943 crore in the same period last year. The fall in profit came

ACC Q4 Profit Falls 20% Despite Higher Revenue; Declares ₹7.5 Dividend for FY25 Read More »

Bajaj Housing Finance Shares in Focus as Q4 Profit Jumps 54%, AUM Crosses ₹1.14 Lakh Crore

Bajaj Housing Finance Shares in Focus as Q4 Profit Jumps 54%, AUM Crosses ₹1.14 Lakh Crore

/ Results /

Shares of Bajaj Housing Finance are likely to remain in focus on April 23 after the company reported strong financial results for the January to March quarter of FY25. This housing finance subsidiary of Bajaj Finance has shown impressive growth in both profit and business operations. The company’s net profit for Q4FY25 rose by 54

Bajaj Housing Finance Shares in Focus as Q4 Profit Jumps 54%, AUM Crosses ₹1.14 Lakh Crore Read More »

Waaree Energies Shares Jump 8% After Strong Q4 Results; Profit Rises 34% and Revenue Grows 36%

Waaree Energies Shares Jump 8% After Strong Q4 Results; Profit Rises 34% and Revenue Grows 36%

/ Results /

Shares of Waaree Energies rose over 8 percent on April 23 after the company announced strong financial results for the fourth quarter of the financial year. The company’s stock touched its highest level in nearly three months after the results were declared. Waaree Energies reported a 34 percent rise in its net profit to Rs

Waaree Energies Shares Jump 8% After Strong Q4 Results; Profit Rises 34% and Revenue Grows 36% Read More »

Gensol Engineering Faces EoW Probe After PFC Files Complaint Over Fake Documents

Gensol Engineering Faces EoW Probe After PFC Files Complaint Over Fake Documents

/ Indian Market /

Gensol Engineering Ltd has come under investigation after Power Finance Corporation Ltd (PFC) filed a complaint with the Economic Offences Wing (EoW) of Delhi Police. PFC, a government-owned NBFC, alleged that Gensol submitted false documents related to loan servicing. In a statement released on April 22, PFC said it is committed to protecting its interests

Gensol Engineering Faces EoW Probe After PFC Files Complaint Over Fake Documents Read More »

Donald Trump Signals Softer Approach on China Tariffs, Hints at Lower Rates Than 145%

Donald Trump Signals Softer Approach on China Tariffs, Hints at Lower Rates Than 145%

/ Indian Market /

In a positive move, US President Donald Trump said he will be “very nice” towards China in upcoming trade talks. Speaking in Washington, Trump assured that tariffs on Chinese goods would not be as high as 145%, as previously imposed during the peak of the trade tensions. Trump mentioned that China would have no option

Donald Trump Signals Softer Approach on China Tariffs, Hints at Lower Rates Than 145% Read More »

Ather Energy Sets IPO Price Band at Rs 304-321 Per Share, First IPO After Two Months

Ather Energy Sets IPO Price Band at Rs 304-321 Per Share, First IPO After Two Months

/ IPO News /

Electric vehicle company Ather Energy has fixed the price band for its upcoming IPO at Rs 304 to Rs 321 per share. The public issue will open for subscription on April 28, marking India’s first IPO launch after almost two months. Market experts believe other companies are closely watching Ather’s IPO before planning their own

Ather Energy Sets IPO Price Band at Rs 304-321 Per Share, First IPO After Two Months Read More »

YES Bank Q4 Results: Net Profit Jumps 63% to Rs 738 Crore, Asset Quality Improves

YES Bank Q4 Results: Net Profit Jumps 63% to Rs 738 Crore, Asset Quality Improves

/ Indian Market /

YES Bank posted a strong 63.7 percent year-on-year growth in net profit to Rs 738.12 crore for the fourth quarter ending March 31, 2025. In the same quarter last year, the bank had reported a profit of Rs 451.9 crore. The rise in profit was helped by better interest income, lower provisions, and improvement in

YES Bank Q4 Results: Net Profit Jumps 63% to Rs 738 Crore, Asset Quality Improves Read More »

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