The group’s crown jewel, Tata Consultancy Services (TCS), has been the biggest casualty, losing nearly $70 billion in market value since September last year. Tata Motors is the second-largest contributor to the group’s market cap erosion, with a decline of…
The board has approved a total capital expenditure of ₹1,600 crore for two new projects. The funding for these projects will follow a 40:60 split between equity and debt. Shares of Godawari Power and Ispat Limited ended at ₹199.90, up…
Ashiana Housing Limited plans a ₹425 crore investment for FY2025–26 to expand senior living housing in Mumbai, Bengaluru, and Delhi-NCR. This marks a 100% increase from last year’s ₹213 crore.
EBITDA surged 18.3% to ₹159.8 crore in the first quarter over ₹135.1 crore year-on-year. The EBITDA margin expanded to 27.8% versus 25.6% in the year-ago quarter. Shares of EIH Ltd ended at ₹372.90, down by ₹3.30 or 0.88%, on the BSE…
It appears that market participants are awaiting a key trigger, and the RBI policy announcement in the coming session is likely to be the catalyst that determines the next directional move.
The proposed deal involves Dalmia Cement (Bharat) Ltd, a wholly owned unit of Dalmia Bharat Ltd, acquiring 100% of JAL. Dalmia Bharat is primarily engaged in cement manufacturing and sales, while JAL operates across cement, real estate, hospitality, and engineering.
The clarification comes after a 19-year-old youth, Deepak alias Deepu, claimed that an astronomical amount appeared in his late mother Gayatri Devi’s bank account. Gayatri Devi died two months ago, but her account was reportedly still being accessed by her…
The EBITDA margin narrowed to 16.4% compared to 17.7% in the corresponding period of the previous fiscal. The CNBC-TV18 poll had predicted a margin of 17.8% this quarter. Shares of Britannia Industries Ltd ended at ₹5,631.35, down by ₹153.85, or…
The total value of properties attached in connection with the 65 financial crimes recorded till the end of June stood at massive ₹14,814 crore.
The instant coffee manufacturer’s EBITDA surged 22.8% to ₹159.3 crore from ₹129.8 crore last year. Shares of the company closed in red at ₹910.60 apiece, down 1.75% on the BSE today (August 5). The stock has gained 34% in the…