Author name: Lisl News Desk

News Desk

No Change in STCG and LTCG Tax Rates in New Income Tax Bill:

No Change in STCG and LTCG Tax Rates in New Income Tax Bill: CNBC-Awaaz Report

/ Indian Market /

There will be no changes in short-term capital gains (STCG) and long-term capital gains (LTCG) in the upcoming Income Tax Bill, according to a report by CNBC-Awaaz on February 12. The Central Board of Direct Taxes (CBDT) had formed an internal committee to examine the Income Tax Act for simplifying the law, reducing disputes, and […]

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TVS Motor to Invest ₹2,000 Crore in Karnataka, Set Up Global Capability Centre

TVS Motor to Invest ₹2,000 Crore in Karnataka, Set Up Global Capability Centre

/ Indian Market /

TVS Motor has signed an agreement with the Karnataka government to invest ₹2,000 crore over the next five years. The investment will be used to establish a Global Capability Centre (GCC) in Karnataka and expand its existing operations in Mysuru. A GCC is a specialized unit that manages IT and business functions of an organization.

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Ken Enterprises Shares List at Discount on NSE Emerge, Fall 10% Below IPO Price

Ken Enterprises Shares List at Discount on NSE Emerge, Fall 10% Below IPO Price

/ Indian Market /

Ken Enterprises made a weak stock market debut on February 12, listing at a discount of 9.57 percent to its issue price on the NSE Emerge platform. The Maharashtra-based textile company that provides design-to-delivery solutions for fabrics started trading at ₹85 a share, compared to its IPO price of ₹94 a share. The company, which

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IRCTC Q3 Net Profit Rises 14% to ₹341 Crore, Revenue Grows 10%

IRCTC Q3 Net Profit Rises 14% to ₹341 Crore, Revenue Grows 10%

/ Results /

Indian Railway Catering and Tourism Corporation (IRCTC) has posted a 13.7 percent year-on-year increase in consolidated net profit for the third quarter of FY25, at ₹341 crore. The company had posted a net profit of ₹300 crore in the same quarter of the previous fiscal. Operating revenue of the group rose by 10 percent, reflecting

IRCTC Q3 Net Profit Rises 14% to ₹341 Crore, Revenue Grows 10% Read More »

Sensex, Nifty Fall for 5th Straight Session; India VIX Jumps 5%, Broader Markets Sink

Sensex, Nifty Fall for 5th Straight Session; India VIX Jumps 5%, Broader Markets Sink

/ Indian Market /

Indian share markets continued their losing streak for the fifth consecutive session as Sensex and Nifty 50 declined 1.5 percent on February 11. The sell-off was triggered by a combination of Donald Trump’s fresh tariff actions, a weakening rupee, disappointing Q3 earnings, and ongoing foreign investor outflows. At 2:40 PM, the Sensex was down 1,192

Sensex, Nifty Fall for 5th Straight Session; India VIX Jumps 5%, Broader Markets Sink Read More »

Apollo Hospitals to Launch Three New Facilities in FY26, Expands Healthcare Network

Apollo Hospitals to Launch Three New Facilities in FY26, Expands Healthcare Network

/ Indian Market /

Apollo Hospitals is set to expand its flagship hospital business with the launch of three new facilities in Kolkata, Delhi, and Pune in FY26, with operations expected to begin before Q3 or early Q4 of the financial year. This was announced by Managing Director Suneeta Reddy during the company’s post-earnings investor call. Apart from these

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RVNL Shares in Focus After Winning ₹355 Crore Railway Project

/ Indian Market /

Rail Vikas Nigam Ltd. (RVNL) shares will be in focus on February 11 after the company emerged as the lowest bidder for a ₹355.43 crore project from South Western Railway. The project is for survey, design, supply, installation, testing, and commissioning of KAVACH equipment and other related works on 790 RKM in Hubballi and Mysuru

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Nykaa Q3 Net Profit Rises 51% to ₹26 Crore, Revenue Grows 27%

Nykaa Q3 Net Profit Rises 51% to ₹26 Crore, Revenue Grows 27%

/ Results /

FSN E-Commerce Ventures, the parent firm of fashion and beauty brand Nykaa, has registered a 51 percent year-on-year growth in net profit in the third quarter of FY25, at ₹26.4 crore. That is more than the ₹17.5 crore profit it notched in the corresponding quarter in the previous year and almost two times the ₹13

Nykaa Q3 Net Profit Rises 51% to ₹26 Crore, Revenue Grows 27% Read More »

Eicher Motors Q3 Net Profit Rises 17.5% to ₹1,170.5 Crore

Eicher Motors Q3 Net Profit Rises 17.5% to ₹1,170.5 Crore

/ Results /

Eicher Motors reported a 17.5 percent year-on-year increase in net profit for the third quarter of FY25, reaching ₹1,170.5 crore. The company’s profit was slightly below market expectations, as analysts had estimated a net profit of ₹1,176 crore. Revenue from operations grew 19 percent year-on-year to ₹4,973.1 crore, compared to analyst estimates of ₹5,034 crore,

Eicher Motors Q3 Net Profit Rises 17.5% to ₹1,170.5 Crore Read More »

Rupee Hits Record Low of 87.96 Against US Dollar on Trump's Tariff Plans

Rupee Hits Record Low of 87.96 Against US Dollar on Trump’s Tariff Plans

/ Indian Market /

The Indian rupee fell to a new record low of 87.9563 against the US dollar on February 10, impacted by US President Donald Trump’s announcement of fresh tariff plans. The local currency opened at 87.9175 per dollar, significantly weaker than its previous close of 87.4275. Trump announced on Feb. 9 that he would impose a

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