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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 […]

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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

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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 »

HDFC Bank Q4 Results: Net Profit Rises to Rs 17,616 Crore, Dividend of Rs 22 Announced

HDFC Bank Q4 Results: Net Profit Rises to Rs 17,616 Crore, Dividend of Rs 22 Announced

/ Results /

HDFC Bank, India’s biggest private sector bank, reported a 6.7 percent rise in standalone net profit to Rs 17,616 crore for the fourth quarter of FY25. The profit beat market estimates, as analysts had expected a profit of Rs 17,072 crore according to a Moneycontrol survey. On a quarter-on-quarter basis, the net profit grew by

HDFC Bank Q4 Results: Net Profit Rises to Rs 17,616 Crore, Dividend of Rs 22 Announced Read More »

India Sets Target of Rs 50,000 Crore Defence Exports by 2030, Says Rajnath Singh

India Sets Target of Rs 50,000 Crore Defence Exports by 2030, Says Rajnath Singh

/ Indian Market /

fIndia has set a big goal to increase its defence exports to Rs 50,000 crore by 2029-30, Defence Minister Rajnath Singh announced on Friday. Speaking to industry leaders, Singh said that India’s defence exports have already seen strong growth, rising from just Rs 600 crore in 2014 to Rs 24,000 crore today. The Defence Minister

India Sets Target of Rs 50,000 Crore Defence Exports by 2030, Says Rajnath Singh Read More »

HDFC Life Q4 Results: Net Profit Rises 16%, Dividend of Rs 2.1 per Share Announced

HDFC Life Q4 Results: Net Profit Rises 16%, Dividend of Rs 2.1 per Share Announced

/ Results /

HDFC Life Insurance announced its fourth quarter results for FY25 on April 17, showing a 16 percent increase in net profit. The company reported a net profit of Rs 477 crore, up from Rs 412 crore in the same quarter last year. The company’s net premium income for the quarter stood at Rs 23,766 crore,

HDFC Life Q4 Results: Net Profit Rises 16%, Dividend of Rs 2.1 per Share Announced Read More »

Infosys Shares in Focus as Q4 Net Profit Falls 12% Year-on-Year, Misses Market Expectations

Infosys Shares in Focus as Q4 Net Profit Falls 12% Year-on-Year, Misses Market Expectations

/ Results /

Infosys Ltd, India’s second-largest IT services company, reported a 12 percent year-on-year drop in its net profit for the fourth quarter of FY25. The company posted a net profit of Rs 7,033 crore, which is lower than the analysts’ expectation of Rs 7,278 crore. However, on a quarter-on-quarter basis, the company’s net profit rose by

Infosys Shares in Focus as Q4 Net Profit Falls 12% Year-on-Year, Misses Market Expectations Read More »

Gold Prices Hit Fresh Record High as Global Trade War Fears Boost Safe-Haven Demand

Gold Prices Hit Fresh Record High as Global Trade War Fears Boost Safe-Haven Demand

/ Indian Market /

Gold prices touched another all-time high as global trade tensions and comments from US Federal Reserve Chief Jerome Powell increased demand for safe-haven assets. On Thursday, gold rose as much as 0.4 percent to reach $3,357.78 per ounce before giving up some gains. This strong move followed a sharp 3.5 percent jump in gold prices

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MCX Gold Crosses Rs 95,000 for First Time as Weak Dollar and Tariff Worries Push Prices Up

MCX Gold Crosses Rs 95,000 for First Time as Weak Dollar and Tariff Worries Push Prices Up

/ Indian Market /

Gold prices in India made a new record on April 16, with MCX gold crossing the Rs 95,000 mark for the first time ever. The price touched Rs 95,066 per 10 grams before settling at Rs 95,000 around 1:04 pm, which was 1.66 percent higher for the day. This big rise in gold prices is

MCX Gold Crosses Rs 95,000 for First Time as Weak Dollar and Tariff Worries Push Prices Up Read More »

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