India’s public sector banks (PSBs) have reported a record cumulative net profit of ₹1.78 lakh crore for the fiscal year FY2024-25, marking a 26% year-on-year (YoY) growth. This milestone reflects the sector’s turnaround from losses in FY18, driven by government-led reforms and recapitalization efforts. Financial Highlights Government-Led Reforms Driving Growth The turnaround of PSBs is…
Reliance Power Ltd, led by Anil Ambani, has reported a net profit of ₹126 crore for the fourth quarter of FY2024-25, marking a significant turnaround from a net loss of ₹397.6 crore in the same period last year. The company attributes this recovery to lower expenses and improved operational efficiency. Financial Highlights Operational Performance Reliance…
Poco is gearing up to launch its next flagship smartphone, the Poco F7, as recent leaks and certifications suggest an imminent release. The device was recently spotted on the US Federal Communications Commission (FCC) website, hinting at a global debut, including India. Poco F7: Expected Specifications According to reports, the Poco F7 is likely to…
Samsung has officially launched the Galaxy F56 5G in India, introducing a sleek design, upgraded performance, and six years of Android OS and security updates. The smartphone is positioned as a mid-range offering with premium features, including AI-powered editing tools, Samsung Knox Vault security, and Tap & Pay support. Samsung Galaxy F56 5G: Price &…
Larsen & Toubro (L&T), India’s leading engineering and construction conglomerate, has announced its financial results for the fourth quarter of FY2024-25, reporting a 25% year-on-year (YoY) increase in consolidated net profit to ₹5,497 crore. The company attributes this growth to strong order inflows and operational efficiencies. Financial Highlights Dividend Declaration & Market Performance L&T’s board…
Asian Paints Ltd, India’s largest paint manufacturer, has reported a 45% year-on-year (YoY) decline in net profit for the fourth quarter of FY2024-25, amounting to ₹692.1 crore. The company attributes the drop to weak demand conditions and rising operational costs. Financial Highlights Dividend Declaration & Market Performance Asian Paints’ board has recommended a final dividend…
State-owned power sector financier REC Ltd has announced its financial results for the fourth quarter of FY2024-25, reporting a 5.66% year-on-year (YoY) increase in net profit to ₹4,309.98 crore. The company attributes this growth to higher revenues and strong operational performance. Financial Highlights Dividend Declaration & Market Performance REC’s board has recommended a final dividend…
Pidilite Industries Ltd, India’s leading manufacturer of adhesives, sealants, and construction chemicals, has announced its financial results for the fourth quarter of FY2024-25, reporting a 40.5% year-on-year (YoY) increase in net profit to ₹427.5 crore. Despite the strong profit growth, the company’s earnings fell short of market estimates. Financial Highlights Dividend Declaration & Market Performance…
Biocon Ltd, a leading biopharmaceutical company, has announced its financial results for the fourth quarter of FY2024-25, showcasing a remarkable 153% year-on-year (YoY) increase in net profit to ₹344 crore. The company attributes this surge to strong operational performance across its generics, biologics, and research services divisions. Financial Highlights Strategic Developments & Expansion Plans Biocon…
Birla Corporation Ltd, the flagship company of the M P Birla Group, has reported a robust financial performance for the fourth quarter of FY2024-25, with a 32.8% year-on-year (YoY) increase in net profit to ₹256.6 crore. The company attributes this growth to higher capacity utilization and improved realizations, driven by an uptick in demand and…
The iQOO 12 5G, a flagship smartphone known for its high-performance Snapdragon 8 Gen 3 processor, has received a massive price cut during the Amazon Great Summer Sale. Originally launched at ₹57,999, the 16GB RAM + 512GB storage variant is now available for ₹44,999, with additional bank discounts bringing the price down to ₹43,749. How…
Coal India Ltd (CIL) has reported a 12% year-on-year (YoY) increase in its Q4 FY25 consolidated net profit, reaching ₹9,604 crore, driven by higher income and operational efficiencies. Financial Performance Highlights Operational Developments Coal India’s Ib Valley coal washery, operated by Mahanadi Coalfields Ltd (MCL), became the largest non-coking coal washery in India, generating ₹314…
Housing and Urban Development Corporation (HUDCO) has announced a 28% year-on-year (YoY) increase in its net profit, reaching ₹2,709 crore for FY25, driven by strong loan disbursements and improved asset quality. The company also plans to raise $2 billion through overseas borrowings, primarily targeting the Japanese market. Financial Performance Highlights Overseas Fundraising Strategy HUDCO plans…
ICICI Securities (I-Sec) has initiated coverage on United Breweries Ltd (UBL) with an ‘Add’ rating, setting a target price of ₹2,300. The brokerage firm anticipates strong revenue, EBITDA, and PAT growth over the next few years, driven by premium portfolio expansion and improved operational efficiency. Investment Rationale I-Sec expects United Breweries to deliver: The brokerage…
Bharat Forge Ltd., India’s leading auto and defense component manufacturer, reported its Q4 FY25 earnings, highlighting strong revenue growth but potential challenges in its defense business and tariff impact on exports. Financial Performance Challenges in Defence and Export Segments Despite overall growth, Bharat Forge’s defense business may drag domestic revenue, while the passenger vehicle segment…
The Indian rupee experienced its steepest single-day decline in a month, weakening by 0.5% to 84.8250 against the U.S. dollar, as escalating tensions between India and Pakistan weighed on investor sentiment. Geopolitical Impact on Currency Markets India’s Operation Sindoor, which targeted nine terror-linked sites in Pakistan and Pakistan-occupied Kashmir (PoK), has led to heightened concerns…
Dabur India Ltd, one of the country’s leading FMCG brands, has unveiled a refreshed growth strategy aimed at achieving double-digit revenue and profit growth by FY28. The company plans to modernize its product portfolio, expand premium offerings, and aggressively pursue mergers and acquisitions to strengthen its market position. Strategic Overhaul for Sustainable Growth Dabur’s seven-pronged…
Shares of KFin Technologies Ltd are under the spotlight as General Atlantic Singapore Fund Pte. Ltd, a key promoter, prepares to offload 6% of its stake in the financial services firm via block deals. Stake Sale Details Strong Q4 Performance KFin Technologies recently reported a 14.3% year-on-year (YoY) increase in consolidated net profit for Q4…
JM Financial has reiterated its ‘Buy’ rating on Coforge Ltd, raising its target price to ₹10,000, citing strong order book growth and robust revenue projections for FY26. Investment Rationale The brokerage firm highlighted Coforge’s record signed order book, which has increased 47.7% year-on-year (YoY). Management expects organic growth in FY26 to surpass FY25, driven by…
Shares of Symphony Ltd soared 12% intraday on Thursday following the company’s robust Q4 FY25 earnings, which showcased a 63% rise in consolidated profit after tax (PAT) to ₹79 crore, compared to ₹48 crore in Q4 FY24. Strong Financial Performance Symphony reported a 36% increase in consolidated revenue, reaching ₹1,576 crore, while standalone revenue surged…
Both moringa water and lemongrass water have gained popularity in the wellness space, offering distinct benefits for skin health, digestion, and overall well-being. But which one is better suited for your needs? Moringa Water: The Nutrient Powerhouse Moringa, often called the “Miracle Tree,” is packed with vitamins A, C, and E, along with essential minerals…
Zucchini, a popular summer squash, is generally considered safe and nutritious. However, in rare cases, it can cause food poisoning due to the presence of cucurbitacins, naturally occurring compounds that can be toxic in high concentrations. What Causes Zucchini Poisoning? Cucurbitacins are bitter compounds found in some members of the cucurbit family, including zucchini, cucumbers,…
What you eat first thing in the morning can significantly impact your digestion, energy levels, and overall health. While some foods provide essential nutrients and aid metabolism, others can cause acidity, bloating, or discomfort. Here’s a look at the eight best and worst foods to start your day with. Best Foods to Eat on an…
Shares of Tata Motors rallied over 3% on Thursday, marking gains for a second consecutive session, as investor sentiment soared following reports of a potential trade agreement between the United States and the United Kingdom. Market Reaction and Stock Performance Tata Motors shares surged 3.45% to ₹704.00 apiece on the Bombay Stock Exchange (BSE), making…
The Board of Control for Cricket in India (BCCI) has penalized Kolkata Knight Riders (KKR) spinner Varun Chakravarthy, imposing a 25% fine on his match fees and awarding him one demerit point for breaching the IPL Code of Conduct during KKR’s match against Chennai Super Kings (CSK) at Eden Gardens. Incident Leading to the Penalty…
Bollywood actress Sonali Bendre has candidly spoken about the hidden risks of being an actor, revealing details about her recent hand injury and the physical challenges of her profession. The Reality of a Physically Demanding Career In an exclusive interview, Bendre explained that acting is not just about glamour but also involves physical endurance. She…
Actor Sameera Reddy, known for her candid approach to fitness and wellness, has shared insights into her weight loss journey at 46, emphasizing that cutting out carbs and extreme diets are not the solution. A Shift Towards Sustainable Health In an interview, Reddy revealed that she had struggled with yo-yo dieting for years, experiencing constant…
The Ministry of Railways has issued an urgent advisory warning employees about potential attempts by Pakistani intelligence agencies to gather sensitive information regarding military train movements. The notice, released on May 6, comes amid heightened tensions following India’s Operation Sindoor, which targeted terror infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK). Security Advisory and National Threat…
Prime Minister Narendra Modi has called off his scheduled three-nation Europe tour, which was set to include Croatia, Norway, and the Netherlands, following India’s Operation Sindoor—a military strike targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK). Diplomatic Priorities Shift Amid Regional Tensions The visit, originally planned for May 13-17, included Modi’s participation in the…
Tamil Nadu Chief Minister MK Stalin has voiced strong support for the Indian Army following the launch of Operation Sindoor, a precision military strike targeting terror camps in Pakistan and Pakistan-occupied Kashmir (PoK). Tamil Nadu’s Stand Against Terrorism In a post on X, Stalin declared, “Tamil Nadu stands with the Indian Army against terrorism. With…
