New Delhi, June 5 (IANS) Shares of Rajesh Exports tumbled 5 per cent for the second straight session on Friday, hitting lower circuit limits after capital markets regulator Securities and Exchange Board of India (SEBI) barred the company’s promoter and CEO, Rajesh Mehta from dealing in the company’s securities over alleged financial irregularities.The stock declined as much as 4.99 per cent to hit the lower circuit limit at Rs 98.73 on the NSE, while on the BSE it declined 4.97 per cent to R…
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New Delhi, June 3 (IANS) Shares of private lender IndusInd Bank fell 3 per cent on Wednesday after reports emerged of a fresh whistleblower complaint seeking an investigation into alleged insider trading, governance lapses and audit shortcomings at the bank.The stock declined as much as 3.01 per cent to hit an intraday low of Rs 884.75 apiece on the BSE as of 2:30 pm. At the last count, the banking stock was trading at Rs 895.80, down about 2 per cent.The selling pressure followed reports sugges…
New Delhi, May 30 (IANS) Inditex Trent Retail India Pvt Ltd — operates Zara’s India business — reported about a 32 per cent decline in consolidated net profit to Rs 204.14 crore in FY26, while revenue from operations decreased 1.17 per cent to Rs 2,749.28 crore, Trent Ltd said on Saturday.The company had posted a profit of Rs 299.84 crore and revenue from operations of Rs 2,782.06 crore in the previous financial year, according to the exchange filing by Trent Ltd.In addition, total income fo…
Mumbai, May 26 (IANS) The National Stock Exchange of India has barred Yes Securities from onboarding new clients for a period of three months after identifying violations related to upfront margin collection and penalty recovery practices.In its disciplinary order, the NSE said the brokerage failed to maintain the required upfront margins in several instances and later transferred the penalties imposed by the clearing corporation to its clients.According to the exchange, such practices violated …
New Delhi, May 23 (IANS) State-owned energy services provider NTPC Limited on Saturday reported a strong financial performance for the fourth quarter and full financial year ended March 31, 2026, driven by operational gains, capacity additions and improved efficiencies.The public sector company reported a 75 per cent quarter-on-quarter (QoQ) growth in profit after tax (PAT) in the January-March quarter to Rs 8,747 crore from Rs 4,987 crore reported in the third quarter of FY2026.For the full fin…
New Delhi, May 22 (IANS) Prime Minister Narendra Modi and Cyprus President Nikos Christodoulides on Friday reiterated their commitment to combating terrorism, including cross-border terrorism, in all its forms and manifestations, during their meeting in New Delhi. The talks between both leaders covered areas of trade and investment, defence and security, maritime and financial connectivity, technology and innovation, mobility, education, culture and India–European Union (EU) engagement.”Buildi…
New Delhi, May 22 (IANS) Cyprus President Nikos Christodoulides on Friday shared a light moment with Prime Minister Narendra Modi by taking a selfie ahead of the talks aimed at strengthening bilateral ties. Before the meeting at the Hyderabad House, President Christodoulides and PM Modi warmly greeted each other. Christodoulides then took a selfie with his mobile phone with PM Modi.Earlier, several other world leaders, including French President Emmanuel Macron and Italian Prime Minister Giorgia…
New Delhi, May 21 (IANS) Cyprus President Nikos Christodoulides arrived in New Delhi on Thursday, as part of his ongoing four-day State Visit to India.”Warm welcome to President Nikos Christodoulides of the Republic of Cyprus as he arrives in New Delhi following the Mumbai leg of his visit. He was accorded a ceremonial welcome and Guard of Honour and was warmly received by Minister of State for Road Transport and Highways, Shri Ajay Tamta,” the Ministry of External Affairs (MEA) wrote on X.Acc…
New Delhi, May 21 (IANS) Vedanta Limited on Thursday informed stock exchanges that the Supreme Court of India has ruled against its subsidiary Talwandi Sabo Power Limited (TSPL) in a case related to alleged misdeclaration of power availability, resulting in a penalty payout of nearly Rs 127 crore along with applicable late payment surcharge.In a regulatory filing, Vedanta said it had received a disclosure from TSPL regarding a judgment dated May 20, passed by the apex court in appeals filed by P…
Mumbai, May 13 (IANS) Bharti Airtel on Wednesday reported a 33.5 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter of FY26 at Rs 7,325 crore, compared to Rs 11,021.8 crore in the corresponding quarter last financial year.Despite the annual decline, the telecom major posted a sequential growth of 10.48 per cent in profit from Rs 6,630 crore recorded in the previous quarter, according to its stock exchange filing.The company’s revenue from operations rose 15.6…