Tripura has recorded a significant improvement in CBSE board exam results, with Class 10 pass rates surging to 86%, marking a 26% increase from last year. Similarly, Class 12 results improved to 71%, reflecting a 21% jump. Vidya Jyoti Schools Lead the Way The Vidya Jyoti schools have emerged as top performers, with 15 schools…
Assam Chief Minister Himanta Biswa Sarma has conducted an inspection of 1,000 bighas of cleared land in Sonapur, unveiling ambitious plans for a police battalion camp, a medical college, and a university. The move is part of the state’s broader infrastructure development strategy, aimed at boosting education, healthcare, and security in the region. Key Announcements…
The Securities and Exchange Board of India (SEBI) has taken strict action against SME merchant bankers and companies following revelations that 71% of IPO funds were allocated to merchant banking and issue-related expenses. The regulatory body has barred Varaya Creations Limited (VCL) from accessing the market, frozen promoter shares, and restricted Inventure Merchant Banking Services…
Gold prices have been under pressure, with June futures falling ₹1,300 per 10 grams on Wednesday, extending total losses to over ₹7,000 from recent highs. Analysts suggest that if gold remains below ₹92,000, a further decline to ₹86,000 could be possible. Technical Analysis & Market Trends Experts recommend a sell-on-rise strategy, citing easing inflation, global…
Vodafone Idea Ltd (VIL) witnessed a strong rally, with its stock rising 2.87% to ₹7.18 during Thursday’s trading session. The surge was accompanied by high trading volumes, drawing investor attention to the telecom operator, which is a component of the NIFTY MIDCAP 150 index. Market Performance & Investor Sentiment The increased trading activity suggests heightened…
CESC Ltd, a leading power utility company, has reported a 7% year-on-year (YoY) decline in net profit, reaching ₹385 crore for the fourth quarter (Q4) of FY25. Despite the dip in profitability, the company recorded a 14.5% increase in revenue, totaling ₹3,877 crore, driven by higher electricity demand and improved operational efficiencies. Financial Highlights Factors…
Yes Bank’s CEO, Prashant Kumar, has confirmed that Japan’s Sumitomo Mitsui Banking Corp (SMBC) will maintain at least a 20% stake in the lender, reinforcing its commitment to long-term investment. The deal, which marks the largest cross-border merger and acquisition in India’s financial sector, is expected to boost Yes Bank’s credit profile and lending capabilities….
South Indian Bank has reported a strong financial performance for the fourth quarter (Q4) of FY25, with net profit rising 58% year-on-year (YoY) to ₹683 crore. The bank’s shares surged to a nine-month high of ₹27.25 apiece, reflecting positive investor sentiment. Financial Highlights Market Performance & Growth Outlook South Indian Bank’s asset quality improved significantly,…
BLS E-Services Ltd has reported a strong financial performance for the fourth quarter (Q4) of FY25, with net profit rising 59% year-on-year (YoY) to ₹17.3 crore. The company also recorded a 224.83% revenue growth, reaching ₹239.21 crore, driven by higher transaction volumes and the consolidation of Aadifidelis Solutions Pvt Ltd. Financial Highlights Growth Outlook &…
Hitachi Energy India Ltd has reported a strong financial performance for the fourth quarter (Q4) of FY25, with net profit rising 62% year-on-year (YoY) to ₹183.9 crore. The company also recorded a 13% revenue growth, reaching ₹1,921.85 crore, driven by higher order execution and strong demand across key segments. Financial Highlights Growth Outlook & Expansion…
