Mumbai, May 4 (IANS) Tata Chemicals Limited on Monday reported a sharp increase in its net loss for the fourth quarter of FY26, weighed down by a significant one-time cost during the period. The company posted a consolidated net loss of Rs 2,132 crore for the January–March quarter, compared to a loss of Rs 56 crore in the preceding quarter, according to a stock exchange filing.The firm incurred a one-time cost of Rs 1,837 crore during the quarter, substantially higher than Rs 55 crore reported…
Latest Stock Market News & Updates
Washington, May 2 (IANS) US President Donald Trump on told a crowd of seniors in Florida that his administration has effectively delivered “no tax on Social Security,” framing it as a central pillar of his economic and political pitch ahead of midterm elections.Addressing residents at The Villages, one of the largest retirement communities in the United States, Trump said, “we’re here to celebrate a policy that benefits every American senior all across this land, and it’s called no tax on …
Washington, May 1 (IANS) President Donald Trump on Friday highlighted strong economic indicators and reiterated his “America first” approach, citing record employment, stock market gains, and domestic investment. “The stock market is hitting record numbers. We have more people working in the USA today than we’ve ever had working,” Trump told reporters at the White House.He said economic growth was being driven by tax cuts and deregulation. “We have the largest tax cuts in the his…
New Delhi, April 28 (IANS) Leading automaker Maruti Suzuki India Ltd on Tuesday reported more than 6 per cent decline in consolidated net profit for Q4 FY26 on year-on-year basis, even as revenue increased, according to its exchange filing.The automaker posted a consolidated net profit of Rs 3,659 crore for the January-March quarter, down 6.4 per cent year-on-year from Rs 3,911 crore, and lower by 5.7 per cent quarter-on-quarter from Rs 3,879 crore.In terms of revenue, the company saw a rise of …
Indore, April 24 (IANS) Indore Police cracked a shocking case of child abduction within hours on April 23, rescuing two minor boys and arresting four accused who, according to officials, had plotted the crime after suffering heavy losses in the stock market. The swift operation, carried out under the jurisdiction of Palasia Police Station, brought relief to the children’s family and the wider community, which had been thrown into panic by the sudden disappearance.Indore was gripped by panic on…
Washington, April 24 (IANS) US President Donald Trump said that the United States will keep control of the Strait of Hormuz until Iran agrees to a deal, using the vital oil route as leverage in the ongoing standoff.“We have total control of it,” Trump said. “It’ll open when they make a deal or something else happens that’s very positive.”He made clear the closure is intended to pressure Iran’s economy. “If we open the strait, that means they’re going to make $500 million a day….
Mumbai, April 16 (IANS) Tata Group-backed Tejas Networks’ shares plunged nearly 6 per cent in early trade on Thursday after the company’s January–March quarter (Q4) earnings disappointed traders and investors.The BSE 500 stock declined as much as 5.86 per cent to Rs 423.50, hitting an intraday low, compared with its previous close of Rs 449.90. The fall came after the company reported its fifth straight quarterly loss in Q4 FY26, with revenue also declining sharply year-on-year.Tejas Network…
Washington, April 6 (IANS) US President Donald Trump on Monday marked Easter at the White House with a mix of religious messaging and political remarks, highlighting the country’s strength and recent military actions.Speaking at the annual Easter Egg Roll event, Trump called it “a very special day” and said, “It’s a day where we celebrate Jesus… it’s a day where we celebrate religion.”He used the occasion to project confidence about the state of the country. “Our country is doi…
Chennai, March 22 (IANS) BJP spokesperson C. R. Kesavan on Sunday reacted strongly to Leader of Opposition (LoP) in the Lok Sabha Rahul Gandhi’s remark that the Prime Minister Narendra Modi-led government “has neither direction nor strategy”.Gandhi, in a post on X on Saturday, alleged that the fuel prices and prices of everyday items, including production and transport, will increase as a result of the ongoing West Asia conflict. In addition to this, he said that MSMEs and the stock market will …
New Delhi, Feb 23 (IANS) The Reserve Bank of India (RBI) on Monday said there is no systemic risk to the banking system and stressed that the Central Bank does not comment on individual banks or regulated entities, as IDFC First Bank revealed the Rs 590-crore fraud at its Chandigarh branch.Addressing a joint press conference after a meeting of the RBI’s central board of directors in the national capital, RBI Governor Sanjay Malhotra said the regulator is closely monitoring the situation but th…