News Desk

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Engineers India Ltd (EIL) Reports Strong Q4 Results, Stock Surges on Robust Growth

Engineers India Ltd (EIL), a leading public sector undertaking (PSU) in engineering consultancy and EPC services, has reported impressive financial results for the fourth quarter of FY25. The company witnessed a 25% year-on-year revenue growth, coupled with a significant expansion in profit margins, driving a surge in its stock price. Financial Performance Highlights EIL’s revenue…

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Brainbees Solutions Q4 Results: FirstCry Parent’s Net Loss Widens to ₹111 Crore, Revenue Jumps 16%

Brainbees Solutions, the parent company of FirstCry, reported a consolidated net loss of ₹111 crore in Q4 FY25, widening from ₹43 crore in Q4 FY24, despite a 16% increase in revenue to ₹1,930 crore. Key Financial Highlights: Growth Drivers & Market Challenges Despite strong revenue growth, Brainbees Solutions faced higher operational expenses, contributing to the…

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Reliance General Insurance Net Profit Rises 12.5% to ₹315 Crore in FY25, Eyes Growth Under New Promoter IIHL

Reliance General Insurance, now under IndusInd International Holdings Ltd (IIHL), has reported a 12.5% increase in net profit, reaching ₹315 crore for FY25, marking a strong recovery after nearly three years under insolvency proceedings. Key Financial Highlights: Strategic Growth Under IIHL IIHL, backed by the Hinduja Group, acquired Reliance Capital via the insolvency process in…

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GMR Airports Shares May Re-Test ₹100 After Strong Q4, FY26 Outlook, Says Jefferies

GMR Airports Ltd. is poised for a potential price surge to ₹100, following a strong Q4 performance and an optimistic FY26 outlook, according to Jefferies. Key Financial Highlights & Growth Drivers Jefferies’ Revised Price Target & Market Sentiment Jefferies has raised its price target for GMR Airports from ₹92 to ₹100, implying a 15% upside…

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SEBI Imposes ₹25 Lakh Penalty on MCX for Incomplete, Delayed Disclosures

The Securities and Exchange Board of India (SEBI) has levied a ₹25 lakh penalty on Multi Commodity Exchange (MCX) for non-compliance with disclosure norms, citing incomplete and delayed regulatory filings. Key Regulatory Findings: Market Reaction & Compliance Measures MCX has assured stakeholders that it is strengthening its compliance framework to prevent future lapses. Analysts believe…

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JSW Steel Q4 Review: Morgan Stanley Says Results In Line, BPSL Overhang Remains

JSW Steel Ltd. reported Q4 FY25 earnings that were broadly in line with expectations, according to Morgan Stanley, but concerns over its Bhushan Power & Steel Ltd (BPSL) acquisition continue to weigh on investor sentiment. Key Financial Highlights: Morgan Stanley’s Analysis & BPSL Overhang Morgan Stanley maintained its ‘equal-weight’ rating on JSW Steel, noting that…

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NHAI Cuts Debt by 27% in FY25, Achieves ₹90,634 Crore Reduction Through Asset Monetization

The National Highways Authority of India (NHAI) has successfully reduced its debt burden by 27%, bringing total liabilities down to ₹2.44 trillion in FY25, compared to ₹3.35 trillion in FY24. This significant reduction was achieved through aggressive asset monetization, a freeze on fresh borrowings, and substantial loan prepayments. Key Debt Reduction Strategies: Infrastructure Growth &…

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Reliance Industries Faces ₹40,800 Crore Market Cap Loss as Bharti Airtel Gains Momentum

Reliance Industries Ltd (RIL) witnessed a ₹40,800 crore decline in market capitalization, emerging as the biggest loser among India’s top 10 most valued companies amid broader stock market weakness. Key Market Movements: Market Sentiment & Investor Outlook The decline in Reliance Industries’ valuation aligns with global uncertainties and profit-booking trends. Meanwhile, Bharti Airtel’s strong performance…

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From Balloons to Billionaire: The Inspiring Journey of MRF Tyres Founder K.M. Mammen Mappillai

K.M. Mammen Mappillai, the visionary behind MRF Tyres, transformed a humble balloon-selling business into India’s largest tyre manufacturer, now valued at ₹59,334 crore. His entrepreneurial journey, marked by resilience and ambition, continues to inspire business leaders across India. The Rise of MRF: From Balloons to Tyres Mappillai’s story began in Madras (now Chennai), where he…

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Hindalco Sets ₹8,000 Crore Capex Target for FY25 Amid Strong Profit Growth

Hindalco Industries, the flagship metals company of the Aditya Birla Group, has announced a capital expenditure (capex) target of ₹7,500–₹8,000 crore for FY25, marking a significant increase from ₹6,500 crore in FY24. Key Financial Highlights: Strategic Expansion & Industry Leadership Hindalco’s capex strategy focuses on upstream projects, including bauxite mining, alumina refining, aluminium smelting, and…

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LIC Increases Stake in Nestlé India to Over 5%, Signaling Strong Confidence in FMCG Giant

Life Insurance Corporation of India (LIC) has raised its stake in Nestlé India to 5.001%, acquiring an additional 1,49,000 shares through market purchases. Key Transaction Details: Strategic Implications & Market Reaction LIC’s increased stake reflects strong institutional confidence in Nestlé India, a leading FMCG player known for brands like Maggi, Nescafé, and Cerelac. Despite a…

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Groww Files IPO Papers With SEBI, Eyes $700 Million to $1 Billion Listing

Groww, India’s fastest-growing retail broking platform, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), aiming to raise $700 million to $1 billion through an initial public offering (IPO). Key IPO Details: Strategic Growth & Market Positioning Groww has rapidly expanded its market share, growing from 23.28%…

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Infibeam Avenues Q4 Results: Profit Rises 20% to ₹55 Crore, Revenue Surges to ₹1,160 Crore

Infibeam Avenues, a leading B2B payments and e-commerce solutions provider, has reported a 20% year-on-year (YoY) increase in net profit, reaching ₹55 crore in Q4 FY25, compared to ₹46.6 crore in the same period last year. The company’s revenue surged 62% YoY, touching ₹1,160 crore, driven by higher payment volumes and rapid merchant onboarding. Key…

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Govt Wraps Up FY22–25 Asset Monetisation Programme at ₹5.8 Lakh Crore, Just Short of Target

The Government of India has successfully concluded its four-year National Monetisation Pipeline (NMP) programme, raising ₹5.8 lakh crore, slightly below the ₹6 lakh crore target set for FY22–FY25. Key Highlights of the Asset Monetisation Drive Sector-Wise Performance & Challenges The Coal Ministry emerged as the best performer, surpassing its original target by ₹63,000 crore, while…

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Info Edge Shareholders Approve ₹1,000 Crore Investment in Third Venture Fund

Info Edge (India) Ltd, the parent company of Naukri.com, has secured shareholder approval to invest ₹1,000 crore in its third venture capital fund, Info Edge Ventures Fund III. The move reinforces the company’s commitment to early-stage startup investments, strengthening its presence in India’s growing venture capital ecosystem. Key Highlights of the Investment: Expanding Startup Investments…

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Nazara Tech Q4 Results: Net Profit Surges to ₹4 Crore, Revenue Nearly Doubles to ₹520 Crore

Nazara Technologies, India’s leading gaming and esports company, has reported a 95% year-on-year (YoY) increase in revenue, reaching ₹520 crore in Q4 FY25, compared to ₹266 crore in the same period last year. The company’s net profit surged to ₹4 crore, marking a significant jump from ₹18 lakh in Q4 FY24. Key Financial Highlights: Growth…

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Adani Group Eyes Stake in DPIL to Strengthen Infrastructure & Vendor Control

Adani Group is reportedly in advanced discussions to acquire a stake in Diamond Power Infrastructure Ltd (DPIL), a move aimed at tightening vendor control and boosting infrastructure investments. Strategic Acquisition & Market Impact DPIL, an Ahmedabad-based power infrastructure firm, specializes in cables, conductors, transmission towers, and turnkey power projects. The company was acquired in 2022…

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Arkade Developers Plans ₹3,500-4,000 Crore Projects in FY26, Eyes Luxury Housing Expansion

Arkade Developers, a leading Mumbai-based real estate firm, has announced plans to launch four major projects in FY26, with a combined gross development value (GDV) of ₹3,500-4,000 crore. The company aims to maintain its 20% compounded annual growth rate (CAGR), following a 27.7% profit growth in FY25. Key Project Launches in FY26 Growth Strategy &…

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Reliance Infra Turns Debt-Free, Reports ₹4,938 Crore Profit Amid Record EBITDA Growth

Reliance Infrastructure Ltd (RInfra), led by Anil Ambani, has achieved a major financial milestone, becoming debt-free on a standalone basis after clearing ₹3,300 crore in liabilities during FY25. The company also reported a record-breaking consolidated net profit of ₹4,938 crore, marking a strong turnaround from a ₹1,609 crore loss in FY24. Key Financial Highlights: Strategic…

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Zepto CEO Aadit Palicha Alleges Smear Campaign by Rival CFO Amid Quick Commerce Battle

Zepto co-founder and CEO Aadit Palicha has publicly accused the chief financial officer (CFO) of a rival company of orchestrating a smear campaign to discredit the fast-growing quick commerce startup. In a LinkedIn post, Palicha alleged that the rival CFO has been circulating false financial data to investors, journalists, and social media platforms using proxy…

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