Manappuram Finance Q2 results: Net profit slumps 62%; dividend declared
Shares of the company ended trading today at ₹275.10 on the BSE, down 0.5% from last day’s closing price. The stock has been up over 40% this year so far.
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Exide Industries shares drop after board postpones results amid I-T Dept survey
Exide Industries clarified that there has been no material impact on its business operations due to the ongoing action.
Swiggy to mull raising up to ₹10,000 crore via QIP or other routes on Nov 7
The company reported a net loss of ₹1,092 crore for the September quarter, which was higher than the ₹626 crore loss it had reported during the same quarter last year.
Gillette India Q2 net profit rises 11% on topline growth and productivity gains
The company reported sales of ₹811 crore, up 4% compared with the same period last year, driven by strong brand fundamentals across its portfolio, positive consumer response to innovations, and superior retail execution. Shares of Gillette India Ltd ended at…
True North likely to exit Fedbank Financial Services via block deal: Sources
True North was a pre-IPO investor in Fedbank Financial Services and had partially sold its holding during the company’s initial public offering in November 2023.
India sees record festive gold demand despite high prices: World Gold Council’s Sachin Jain
Sachin Jain, MD of World Gold Council, said the sentiment toward gold remains deeply rooted among Indian households. He noted that consumer confidence in gold continues to stay strong and is likely to carry through the upcoming wedding season.
CNBC-TV18 Exclusive: Umang Vohra says his job at Cipla is complete, clarifies he is not retiring
As a company, Vohra said that Cipla is run by professionals with guidance from promoters and management teams also need to change every 11-12 years, as change can also be good.
A beginner’s guide to Blockchain layers: Security, speed and apps explained
Blockchain layers: Layer 1 secures and validates transactions, Layer 2 improves speed and cost-efficiency and Layer 3 powers customised blockchain apps — together creating a smoother, more scalable and user-friendly blockchain ecosystem.
Large-caps drag markets lower; Nifty ends below 25,900 amid global risk-off mood
“The US Federal Reserve’s widely anticipated 25-bps rate cut initially buoyed sentiment, but comments from Chair Jerome Powell that this could be the last cut of 2025 dampened expectations of further easing,” said Vinod Nair, Head of Research at Geojit…
Cipla shares nosedive after Umang Vohra says not seeking reappointment as MD & CEO
The news marks the end of a decade-long stint for Vohra at the helm of Cipla. He has been MD & Global CEO at the company since 2016. He had joined Cipla in 2015 as Global CFO and strategy officer.