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News Desk

Strides Pharma Gains After Buying 4 US Drug Approvals to Expand Product Range

Strides Pharma Gains After Buying 4 US Drug Approvals to Expand Product Range

/ Indian Market /

Strides Pharma shares went up slightly on April 30 morning after the company announced that its US-based arm has acquired four approved drug applications (ANDAs) for the American market. The share was trading at Rs 657.40 on the BSE, up by 0.74 percent at 09:24 AM. These ANDAs have been purchased from Nostrum Laboratories Inc., […]

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SEBI Panel to Review F&O Limits and Expiry Day Rules in Upcoming Meeting on May 7

SEBI Panel to Review F&O Limits and Expiry Day Rules in Upcoming Meeting on May 7

/ Uncategorized /

The Securities and Exchange Board of India (SEBI) will soon discuss two important matters related to the futures and options (F&O) market. These are the index options limit and deciding a fixed expiry day for derivative contracts. A key committee of SEBI will meet on May 7 to take a final view on these topics,

SEBI Panel to Review F&O Limits and Expiry Day Rules in Upcoming Meeting on May 7 Read More »

Trent Q4 Profit Falls 46% to Rs 350 Crore Despite Strong Revenue Growth of 29%

Trent Q4 Profit Falls 46% to Rs 350 Crore Despite Strong Revenue Growth of 29%

/ Results /

Trent Ltd, the retail company from the Tata Group, reported a 46 percent fall in its standalone net profit for the March 2025 quarter. The company posted a profit of Rs 350 crore, down from Rs 654 crore in the same quarter last year. However, the company showed strong growth in its revenue. Trent’s consolidated

Trent Q4 Profit Falls 46% to Rs 350 Crore Despite Strong Revenue Growth of 29% Read More »

RBI to Infuse Rs 1.25 Lakh Crore via OMO Purchases to Support Bond Market Amid Tensions

RBI to Infuse Rs 1.25 Lakh Crore via OMO Purchases to Support Bond Market Amid Tensions

/ Indian Market /

The Reserve Bank of India (RBI) has announced a liquidity injection of Rs 1.25 lakh crore through open market operations (OMO) to help ease rising bond yields, especially after the recent tensions between India and Pakistan following the April 22 terror attack in Pahalgam. Bond yields, particularly on the 10-year benchmark government bond, have gone

RBI to Infuse Rs 1.25 Lakh Crore via OMO Purchases to Support Bond Market Amid Tensions Read More »

RBI Projects India’s Economy to Grow at 6.5% in 2025 Despite Global Challenges

RBI Projects India’s Economy to Grow at 6.5% in 2025 Despite Global Challenges

/ Indian Market /

India’s economy is expected to grow by 6.5% in 2025, keeping its place as the fastest-growing major economy in the world, said the Reserve Bank of India (RBI). Despite the rise in global uncertainties, India’s growth remains strong compared to other large economies. RBI Governor Sanjay Malhotra shared this update during a speech in Washington,

RBI Projects India’s Economy to Grow at 6.5% in 2025 Despite Global Challenges Read More »

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 »

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