New Delhi, June 8 (IANS) India’s capital markets have emerged as one of the most significant success stories of the past decade, with a sharp rise in retail investor participation and a growing shift in household savings towards equities and mutual funds transforming the country’s financial landscape.Millions of households that traditionally parked their savings in bank deposits, gold and real estate are increasingly turning to equity markets, creating a deeper and more resilient domestic in…
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Mumbai, May 25 (IANS) Shares of Info Edge India — the parent company of Naukri.com — plunged over 5 per cent in early trade on Monday and hit a fresh 52-week low as analysts remained cautious on the near-term growth outlook.The BSE 100 stock touched an intraday low and a new 52-week low of Rs 909.20, down 5.4 per cent from the previous close during early trade on the BSE. Info Edge shares were among the top losers on the Nifty Midcap 50 index during the session.“Traded on new 52-week low val…
New Delhi, May 23 (IANS) Yatra Online on Saturday reported a 26 per cent decline in its revenue for the fourth quarter of FY26, while net profit also witnessed a marginal drop.The company posted a consolidated net profit of Rs 8.2 crore in the January-March quarter, down 1 per cent from Rs 8.3 crore reported in the previous quarter.While revenue from operations decreased by 26 per cent quarter-on-quarter (QoQ) to Rs 189 crore, compared to Rs 256.8 crore in the preceding quarter.Moreover, the com…
Mumbai, May 18 (IANS) Government-owned Life Insurance Corporation of India on Monday received approval from its shareholders for the allotment of fully paid-up bonus equity shares worth Rs 6,352 crore.The shares, which carry a face value of Rs 10, are being issued in a 1:1 ratio, effectively doubling its paid-up share capital. Under this structure, shareholders receive one new bonus equity share for every one existing share held. This is the first-ever bonus issue announced by the LIC.The compan…
Mumbai, May 17 (IANS) Dodla Dairy has reported a 2.3 per cent year-on-year decline in consolidated net profit for the fourth quarter of FY26.The Hyderabad-based dairy company posted a net profit of Rs 55.4 crore for the January-March quarter, compared to Rs 56.7 crore in the corresponding period last financial year, according to its exchange filing.Revenue from operations, however, rose 4.6 per cent year-on-year to Rs 845 crore in Q4 FY26, up from Rs 807.8 crore reported in the same quarter of t…
Mumbai, May 8 (IANS) Cera Sanitaryware Limited on Friday reported a 9.7 per cent year-on-year decline in its fourth-quarter (Q4 FY26) profitability.The Gujarat-based company’s consolidated net profit for the March quarter fell to Rs 77.3 crore, compared to Rs 85.6 crore in the corresponding period previous financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations, however, increased 11.4 per cent to Rs 643.8 crore during the quarter, up from Rs 578 crore a year e…
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…
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 …