Mumbai, Feb 12 (IANS) Indian Railway Catering and Tourism Corporation (IRCTC), a Navratna public sector company, on Thursday reported a 15.51 per cent year-on-year (YoY) rise in consolidated net profit for the October–December quarter of the financial year 2025–26 (Q3 FY26).The company’s net profit increased to Rs 395 crore in the third quarter, compared with Rs 342 crore in the same period last financial year, as per its stock exchange filing.IRCTC’s revenue from core operations also show…
Latest NSE News & Updates
New Delhi, Feb 10 (IANS) The government announced on Tuesday that it has launched an Offer for Sale (OFS) to divest up to a 5 per cent stake in engineering giant Bharat Heavy Electricals Limited (BHEL). The government will sell an initial 3 per cent stake, with an option to offload an additional 2 per cent stake to accommodate any oversubscription of bids. The floor price for the OFS has been fixed at Rs 254 per share.“Offer for Sale in Bharat Heavy Electricals Limited (BHEL) opens tomorrow fo…
New Delhi, Feb 10 (IANS) The National Stock Exchange of India (NSE) has signed a memorandum of understanding (MoU) with the Department of Posts to enable distribution of mutual fund products through India Post’s extensive postal network, it was announced on Tuesday.Under the three‑year agreement, selected employees of the Department of Posts will be identified, trained, and onboarded as certified mutual fund distributors, according to an official statement.These officials will offer mutual f…
New Delhi, Feb 3 (IANS) The India-US trade agreement is the most important deal for the country and will generate more jobs and also add to foreign exchange, said Ashishkumar Chauhan, NSE MD and CEO, on Tuesday.Speaking to IANS, Chauhan stated that the trade deal between the US and India was expected for a long time, and now will be implemented immediately, unlike the European deal, which is expected to roll out after six months.“India is the only country that has manpower, high-tech appreciat…
Mumbai, Feb 2 (IANS) India is in a sweet spot today, and the Union Budget for a ‘Future Ready Bharat’ covers a multitude of sectors, both traditional and modern, giving impetus to services with a major focus on tech, Commerce and Industry Minister Piyush Goyal said on Monday.In a meeting on the holistic benefits of the Budget at the NSE here, along with investors and captains from the mutual funds and asset management industry, the minister said the Budget addresses specific areas which will…
New Delhi, Jan 31 (IANS) As the National Stock Exchange (NSE) gets ready to file its long-awaited initial public offering (IPO) draft papers in the next 3-4 months, a leading legal expert on Saturday said what matters most is full and timely disclosure of all pending cases and risks in the IPO documents.The capital markets regulator SEBI on Friday gave no-objection certificate (NOC) to the NSE, and the exchange can now finalise the structure and timing of its IPO.Supreme Court advocate B. Shrava…
Mumbai, Jan 20 (IANS) Newgen Software Technologies on Tuesday reported 29.42 per cent year-on-year (YoY) drop in net profit in the December quarter of the current financial year (Q3 FY26).The company’s net profit declined to Rs 62.81 crore in Q3, compared to Rs 89 crore in corresponding quarter of previous financial year (Q3 FY25), according to its stock exchange filing.On quarter-on-quarter (QoQ), the New Delhi-based IT firm posted 23.3 per cent decline in its net profit, compared with Rs 81….
Mumbai, Jan 19 (IANS) India continued to remain the fastest-growing major economy in the world, with GDP growth estimated at 7.4 per cent, according to the latest Market Pulse report released by the National Stock Exchange of India on Monday.The report highlights strong macroeconomic stability, rising investor participation, and record fund-raising activity in capital markets during 2025.As per the First Advance Estimates, India’s economic growth stayed well ahead of global peers, supported by…
Mumbai, Jan 16 (IANS) Indian stock exchanges BSE and NSE on Friday announced that markets will be open for trading on February 1 (Sunday) on account of the Union Budget 2026-2027.The pre-open market would open from 9 am till 9:08 am while normal trading will run from 9:15 am till 3:30 pm.“On account of the presentation of the Union Budget, members are requested to note that Exchange shall be conducting live trading session on February 01, 2026, as per the standard market timings (9:15 am-3:30 …
Mumbai, Jan 15 (IANS) The Indian stock markets remain closed on Thursday on account of municipal corporation elections in Maharashtra.In an earlier notification, the BSE said there will be no trading in the equity segment, equity derivatives, commodity derivatives, and electronic gold receipts on that day. It also said that equity derivative contracts originally scheduled to expire on January 15, 2026, expired a day earlier. These revisions will be reflected in the end-of-day contract master fil…