These near-term factors could enable Indus Towers to resume rewarding shareholders
The AGR dues relief for Vodafone Idea bodes well, and a board decision on the reinstatement of dividends is awaited, according to CLSA.
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Firstsource Q3 profit falls 33% QoQ; revenue, margins rise; dividend declared
Q3 sees ₹91.35-crore one-time expense from new labour codes; further impact possible after rule finalisation, says company
Rupee outperforms Asian peers, clocks biggest single-day gain since December 2018
The rupee surged 1.4% after the US cut tariffs on Indian goods to 18%, boosting Nifty 50 by 639 points and rekindling foreign investor interest in Indian equities.
Varroc Engineering bags $48 million deal to make electric vehicle chargers for global car maker
Varroc Engineering Ltd secures a six-year contract to supply AC bi-directional wall chargers to a global EV OEM, boosting its presence in electric mobility and automotive electronics.
Bajaj Finance Q3 Results: NII up 21%, beats estimates; profit impacted by higher provisions
Bajaj Finance reported strong loan and customer growth in Q3, with net interest income rising 21%, even as higher provisioning led to profit missing Street estimates.
Aditya Birla Capital Q3: Net profit soars 41%, revenue up 30%
Shares of Aditya Birla Capital surged earlier in the day when it announced that subsidiary Aditya Birla Housing Finance is set to raise ₹2,750 crore in growth capital from private equity major Advent International.
Nifty 50 recovers despite a ₹1.5 lakh crore IT sell-off; Here are the stocks aiding this recovery
Stocks like Reliance Industries, ICICI Bank, L&T and Mahindra & Mahindra have gained for the third session in a row and are up anywhere between 7% to 8% so far this week, and these stocks are leading the gains that…
Top Losers: Five stocks that are seeing negative reaction to their Q3 results
Five stocks are trading with large losses in trade today, reacting to their post-market Q3 results that came in on Tuesday. Read on to find out how each stock performed in the quarter under review and how it is performing…
Indian gold and silver rally in tandem with global bullion: Will the momentum sustain?
MCX gold surged to ₹1,60,755 and silver to ₹2,84,094 on global cues, weaker dollar, and renewed buying. China demand and India–EU trade optimism fueled gains, but volatility remains likely.
Tech sell-off sparks AI worries over Indian IT services: Arvind Sanger, Moshe Katri debate outlook
As AI adoption picks up speed, Indian IT services companies could be heading into a phase that changes both growth and valuations. Arvind Sanger and Moshe Katri say the next few years will show whether the sector benefits from helping…