Representative Image New Delhi: Reliance Industries Ltd on Thursday reported a 7.4 percent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December – the third quarter of April 2024 to March 2025 fiscal … Read more
Mumbai: Global brokerage Goldman Sachs on Thursday lowered its target price for Reliance Industries Ltd (RIL), while maintaining ‘buy’ rating for the diversified group. The brokerage reduced Reliance Industries Ltd (RIL’s) target price to Rs 1,595 from its previous target of Rs 1,630. The revised target price still suggests a 26 per cent potential upside … Read more
New Delhi: The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of female-led startups increased by over 90 per cent in 2024. Women entrepreneurs are not only becoming founders and co-founders, but a large number … Read more
New Delhi: The New Year welcomed a new two-wheeler (2W) EV leader in India as Bajaj Auto overtook Ola Electric in the month of December in terms of market share. According to the data from the government’s Vahan portal, Bajaj Auto‘s market share in the two-wheeler EV segment increased by 3 per cent to 25 … Read more
New Delhi: India’s savings rate has surpassed the global average as financial inclusion has shot up in the country with over 80 percent adults now having formal financial accounts, according to an SBI report released on Monday. India savings rate is at 30.2 percent, which is higher than the global average of 28.2 per cent, … Read more
Seoul: Seoul shares tumbled nearly 2 per cent on Thursday as risk appetite weakened after the U.S. Federal Reserve hinted at a slower monetary easing cycle next year and U.S. tech giant Micron Technology’s sharp losses overnight. The benchmark Korea Composite Stock Price Index (KOSPI) plummeted 48.5 points, or 1.95 percent, to close at 2,435.93. … Read more
Mumbai: The Indian stock market opened in red on Tuesday as selling was seen in Nifty’s PSU Bank, financial service, FMCG and metal sectors. At around 9:33 am, Sensex was trading at 81,548.45 after declining 200.12 points or 0.24 per cent, while the Nifty was trading at 24,605.5 after dropping 62.70 points or 0.25 per … Read more
Mumbai: The Indian stock market recovered after facing initial losses on Monday as selling was seen in PSU banks, financial services, pharma and FMCG sectors in early trade. Asian Paints shares dropped around 9 per cent after several brokerages showed disappointment over its poor Q2 results. Asian Paints posted a huge 42.4 per cent drop … Read more
