Transport Corp Q2 results: Net profit up 5.8% on higher freight volumes
The company’s net profit rose to ₹113 crore for the three months ended Sept 30, from ₹106 crore a year earlier.
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US Fed Meeting LIVE Updates: S&P 500 futures rise as investors await Fed rate decision; Nvidia climbs
US Fed Meeting LIVE Updates: The US Federal Reserve concludes its two-day monetary policy meeting today (October 29), with markets widely expecting a 25 basis point interest rate cut, which would bring the policy rate to the 3.75%–4.00% range. The…
Akasa Air will look at IPO in next 2-5 years, says CEO Vinay Dube
In August, Akasa Air said it had raised funds from investors, including Premji Invest and Claypond Capital, and that the investments would be utilised mainly to expand operations.
SEBI’s new mutual fund fee proposal: How lower expense ratios may affect AMCs
SEBI’s proposed overhaul of mutual fund expense caps may compress margins for large AMCs even as investors gain from lower costs. Experts say the move will improve transparency and operational efficiency across the industry.
BHEL Q2 results beat Street estimates, profit surges nearly fourfold
BHEL reported stronger-than-expected Q2 results, with profit and margins surpassing estimates. Net profit rose nearly fourfold, supported by higher operational efficiency and improved project execution.
L&T Q2 falls short of estimates; net profit up 16%, order inflows surge 45%
Revenue for the quarter stood at ₹67,983 crore, up 10.4% from ₹61,554 crore a year ago, but lower than the poll estimate of ₹69,950 crore. Shares of Larsen and Toubro Ltd ended at ₹3,951.70, down by ₹21.15, or 0.53%, on…
MCX faces second glitch in 3 months: SEBI seeks detailed review, experts weigh in
Abhishek Dadoo, Partner of Khaitan & Co and Sandeep Parekh, Managing Partner of Finsec Law Advisors offered contrasting views: while one emphasised accountability and regulatory action, the other argued that system failures are inevitable and the focus should be on…
HDFC Bank, Reliance and Bharti Airtel fuel a third of Nifty’s 4,000-point rally
Three stocks — HDFC Bank, Reliance Industries, and Bharti Airtel — together accounted for nearly one-third of the Nifty’s total gains during this run, data compiled by CNBC-TV18 show.
Wipro inks multi-year agreement with apparel brand HanesBrands
Wipro will leverage its AI suite, Wipro IntelligenceTM WINGS to facilitate HanesBrands’ shift to a unified, AI-led managed services model.
NMDC Steel Q2 results: Shares tank despite narrowing of net loss, revenue doubling
NMDC Steel reported a sharp narrowing of losses in Q2 FY26, with net loss at ₹115 crore compared to ₹595.4 crore a year earlier, while revenue more than doubled.