L&T wins order worth up to ₹2,500 crore from MMRDA for the Mumbai metro

This is the third successive order L&T has won in the Line 4 and 4A corridor of the Mumbai Metro, having won two earlier orders for Package Ca-234 and for Package Ca-168.

This is the third successive order L&T has won in the Line 4 and 4A corridor of the Mumbai Metro, having won two earlier orders for Package Ca-234 and for Package Ca-168.

For the most recent quarter, Muthoot Finance’s profit increased by nearly 90%, while its Net Interest Income or core income grew by nearly 60% from last year.

Mark Matthews of Bank Julius Baer & Co. does not believe Indian IT companies will be entirely displaced by artificial intelligence and expects them to adapt and find new opportunities within the technology cycle, with any easing in trade relations…

Gold hit ₹1.38 lakh per 10 grams and silver ₹2.23 lakh per kg on MCX, driven by US rate cut hopes, geopolitical tensions, and strong demand, marking all-time highs in India and global markets.

The rise in Copper prices is reflecting in shares of Hindustan Copper, which have surged for the fifth day running. The stock is up another 5% on Wednesday, and has now hit the highest levels since 2010.

On Tuesday (December 23), the rupee settled at 89.63 against the US dollar.

Promoters of VIP Industries had sold the first part of this sale, a 6.2% stake in September this year for ₹343 crore. The remaining stake has been sold today.

Platinum hit a record $2,377.50 an ounce on December 24, driven by safe-haven demand, US rate cut expectations, and tight supply. Palladium also surged, reflecting strong investor appetite.

BNP Paribas’ Kumar Rakesh alluded to the strong contingencies that are available in the form of offshoring, increased local hiring, which companies have already done and something that is likely to pick-up pace in the upcoming year as well.

Biocon will supply semaglutide to Ajanta Pharma for exclusive marketing in 23 countries and semi-exclusive marketing in thee countries across Africa, Centra Asia and the Middle East.