Indian stock markets bounced back strongly after 2 days of losses, helped by gains in Reliance Industries and some major banking stocks. The BSE Sensex started the day on a positive note, opening about 120 points higher at 79,344. It continued to move up during the session, hitting a new high for the calendar year …
Indus Towers Ltd., a leading tower infrastructure provider, has announced that its Board of Directors will convene on Wednesday, April 30. According to an exchange filing made on Sunday evening, April 27, the board will deliberate on multiple options to enhance shareholder returns. These include the possibility of a share buyback, the issuance of bonus …
According to Reuters, Several major electronics companies, both international and domestic, have launched legal challenges against India’s newly introduced e-waste recycling mandate. The policy, which seeks to formalise and regulate the country’s largely informal e-waste sector, has drawn criticism from industry giants who argue that the regulation imposes undue financial burdens without effectively addressing the …
Colab Platforms Limited (formerly known as Colab Cloud Platforms Limited) announced a major development, launching a ₹250 million Sports-Tech Growth Accelerator Program aimed at transforming India’s sports innovation landscape. As of 1:33 PM, the share price of Colab Platforms hit the upper circuit on the BSE. The newly introduced Accelerator, housed under Colab’s Sports Innovation …
According to the news reports, Reliance’s FMCG business has grown massively, becoming as big as Tata Consumer and even larger than Marico. Its sales are almost equal to Dabur’s and three times higher than Emami’s. By the end of the March quarter, Reliance Consumer Brands had reached 1 million stores. Sales and Market Performance In …
According to the latest data released by the General Insurance Council (GIC), non-life insurance companies and standalone health insurers in India collectively received a gross premium of ₹1.18 lakh crore in health insurance during FY25. This marks a 9% growth compared to FY 2024, highlighting the sector’s continuing expansion in both group and retail health …
Domestic IT company KPIT Technologies posted a sharp 47.5% year-on-year (YoY) rise in its consolidated net profit for the March 2025 quarter (Q4FY25). The company reported a net profit of ₹244.73 crore, compared to ₹165.92 crore in the same quarter of the previous year. Revenue Grows Nearly 16% KPIT’s revenue from operations for the quarter …
According to a news report, Dixon Technologies, a homegrown electronics manufacturing giant, is reportedly entering the electronics component manufacturing space (ECMS) in India. Initially focusing on captive requirements, the company plans to expand its operations to cater to external market needs. CEO Atul Lal confirmed this new phase of growth, marking a significant shift for …
In light of recent developments concerning Gensol Engineering Ltd, its promoters, and associated companies, the Indian Renewable Energy Development Agency Limited (IREDA) has initiated an internal review in accordance with RBI guidelines and its due diligence procedures. While Gensol’s account is under stress, it has not been classified as a Non-Performing Asset (NPA). The Investigation and Risk …
On April 28, 2025, Reliance Industries shares will be in focus as the Mukesh Ambani-led conglomerate spanning oil, telecom, and retail sectors announced its Q4 FY25 results on Friday after market close. During Q4FY25, RIL reported a 6% YoY increase in its consolidated profit to ₹22,434 crore, compared to ₹21,143 crore in the same period last year. …
