The Board of Directors of Fevicol-maker Pidilite Industries is set to meet today, Wednesday, August 6, to consider key corporate matters, including a proposal to issue bonus shares — the company’s first such move in 15 years. In a prior exchange filing, the company had informed that the board meeting would, inter alia, take up […]
Trump’s Tariff Strategy: Reshaping the pharma and tech supply chain – Key Announcement
This isn’t Trump’s first mention of steep sectoral tariffs. In February, he proposed starting rates of 25% or higher on pharmaceuticals and semiconductor chips. By June, he suggested pharma tariffs could climb to 200%. Now, he is targeting an even higher ceiling of 250%. Source link
BSE, other capital market stocks fall up to 3% for second straight day amid regulatory concerns
Capital market stocks continued to reel under selling pressure for the second straight day on Wednesday, sliding up to 3.5%, as investor sentiment remained weak amid ongoing concerns over potential regulatory tightening by India’s market watchdog. The persistent decline comes in the wake of reports suggesting that SEBI may introduce measures to curb speculative activity […]
Reliance Power shares down 31% in 1 month. Should you buy the dip or steer clear?
Reliance Power shares have tumbled 31.5% over the past month, including a 5% slide on Tuesday that triggered a third consecutive lower circuit. The selloff, fueled by heightened regulatory scrutiny of group companies and deteriorating technical indicators, has pushed the stock well below key moving averages, raising urgent questions for investors navigating both legal risk […]
Gujarat Gas shares in focus on reporting marginal dip in Q1 PAT
Shares of Gujarat Gas are likely to gain investors’ attention during Wednesday’s trading session after the company reported a marginal 0.91% year-on-year (YoY) dip in its profit after tax (PAT) for the first quarter of FY26. The PAT stood at Rs 327 crore, compared to Rs 330 crore in the same quarter last year, indicating […]
Adani Ports shares in focus after Q1 profit rises 7% YoY. Should you stay invested?
Shares of Adani Ports and Special Economic Zone (Adani Ports) will be in focus on Wednesday after the company reported a 6.5% year-on-year rise in consolidated net profit to Rs 3,314.59 crore for the June quarter of FY26, supported by strong revenue growth. Revenue from operations jumped 31.2% YoY to Rs 9,126.14 crore, up from […]
US stocks: US stocks end lower as investors consider tariff impact on results, economy
U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands and other companies cited trade duties in their results or outlooks. The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than […]
Suzlon: UBS bullish on power equipment makers; Triveni Turbine, Waaree Energies among top picks
Mumbai: UBS has initiated coverage on power generation equipment makers with ‘buy’ ratings on BHEL, Waaree Energies, Premier Energies and Suzlon. The brokerage reiterated its ‘buy’ rating on Thermax and Triveni Turbine. “We see scope for earnings and order-led value creation over the next 3-5 years, offering a favourable setup for returns, driven by scale, […]
Top 5 IT CEO Salaries in FY25: HCLTech’s Vijayakumar leads with Rs 94crore – Top IT CEO salaries
HCLTech CEO C Vijayakumar earned USD 10.85 million (approximately Rs 94.6 crore) in FY 2024–25, making him one of the highest-paid leaders in the Indian IT industry—outpacing the compensation of the CEOs at larger competitors like TCS and Infosys. According to the company’s annual report, the board has approved a more than 71% hike in […]
Britannia Q1 profit dips 0.8% YoY; revenue up 8.8%, misses estimates
Biscuit major Britannia Industries Ltd reported a marginal 0.8% year-on-year (yoy) drop in standalone net profit at Rs 498.27 crore for the first quarter ending June 30th, while standalone revenue from operations grew 8.8% YoY at Rs 4,452.74 crore. The performance during the quarter missed street estimates. The company did not attribute any reason behind […]