Hero MotoCorp has signalled that the financial year 2026 will be a pivotal year for international growth, as it builds on last year’s strong overseas performance. In FY25, the company achieved 43% year-on-year growth in international business, led by South…
WeWork India’s IPO consists of 3.3 crore equity shares held by real estate company Embassy Group and 1.03 crore equity shares held by 1 Ariel Way Tenant, a WeWork Global affiliate. The company will not issue new shares.
Swaraj Engines’ EBITDA margins for the period remained flat at 13.84% from 13.94% during the year-ago quarter.
At the interbank foreign exchange, the rupee opened at 85.97 against the greenback before inching up to 85.92 – the same level as its previous close. The rupee depreciated 12 paise to close at 85.92 against the US dollar on…
On a broader allocation strategy, Matt Orton said India continues to stand out. In his global equity portfolio, India now commands the highest country weight outside of the US, with over 10% exposure.
Spot gold rose 0.1% to $3,346.94 per ounce at 0151 GMT. US gold futures held steady at $3,355.60 an ounce.
This 6.6% gain in July, makes it the fifth straight month of gains for shares of Paytm, having gained 4% in June, 3% in May, 10.4% in April and another 9.6% in March this year. The stock had declined 24%…
Despite a 47% recovery from its 52-week low, shares of Kalyan Jewellers are still trading at a discount between 10% to 40% in comparison to other discretionary players. This, even as it has higher revenue and PAT CAGR estimates in…
In May 2025, the company’s chairman and managing director Kamlesh Gandhi had told CNBC-TV18 that the firm’s priority would be on maintaining asset quality.
Currencies showed little reaction to data showing China’s economy grew 5.2% last quarter, slightly topping analysts’ forecasts.