The worst is behind for Novelis in several ways, said Satish Pai, managing director of Hindalco Industries. “By the second half of this year, you should start to see a very positive turn to Novelis,” he said on Tuesday. Hindalco Industries, which reported its consolidated earnings on Tuesday, saw a 30% jump in its consolidated […]
Apollo Hospitals Q1 Results: Cons PAT surges 42% YoY to Rs 433 crore, revenue rises 15%
Apollo Hospitals Enterprise on Tuesday reported a consolidated net profit of Rs 433 crore in Q1, up 42% compared to Rs 305 crore reported in the year ago period. The profit after tax (PAT) was attributable to the owners of the company. Company’s revenue from operations in the quarter grew 15% to Rs 5,842 crore […]
Sebi plans to demystify draft offer documents, simplify regulatory framework for FPIs
Markets regulator Sebi plans to simplify the offer document preparation process by introducing a template-based approach for relevant sections as it aims to reduce repetitive information and streamline disclosures. Also, Sebi intends to rationalise and optimise existing regulations, simplify the regulatory framework for foreign portfolio investors (FPIs), and expand the range of permissible investment strategies […]
CarTrade Tech, Fortis Healthcare among 10 smallcap stocks that hit 52-week high; rally up to 25% in a month – Small but Mighty
On Tuesday, the benchmark Sensex declined by around 368 points, closing at 80,235. However, defying the broader market weakness, 10 stocks from the BSE Smallcap Index touched their 52-week highs — reaching their highest levels in the past year. Such breakouts are often seen by traders and investors as bullish indicators, reflecting strong upward momentum […]
Sebi rejects Anil Ambani’s settlement plea over Yes Bank investments, documents show
MUMBAI -India’s market regulator has rejected a plea by industrialist Anil Ambani to settle charges related to investments in lender Yes Bank, potentially exposing him to at least a Rs 1,828 crore ($208.4 million) penalty, according to documents reviewed by Reuters. The case relates to Rs 2,150 crore ($245.3 million) invested by Ambani’ Reliance Mutual […]
HAL Q1 results: Cons PAT slips 4% YoY to Rs 1,383 crore, revenue surges 11%
Defence major Hindustan Aeronautics Ltd (HAL) on Tuesday posted its results for the first quarter ended June 30, 2025, reporting a 3.7% year-on-year (YoY) decline in its consolidated net profit at Rs 1,383.77 crore, down from Rs 1,437.14 crore in Q1FY25. Meanwhile, the total revenue from operations for the quarter rose 10.8% YoY. For the […]
European shares gain on US-China tariff truce optimism
European shares rose on Tuesday, with a U.S.-China tariff truce extension aiding sentiment, while investors awaited U.S. inflation data to gauge the impact of tariffs on price pressures and monetary policy path. The pan-European STOXX 600 index was up 0.4%, as of 0710 GMT, with most regional bourses trading in the green. Washington and Beijing […]
Treasury yields dip ahead of key inflation data
U.S. Treasury yields dipped ahead of July inflation data, as traders bet on a September Fed rate cut despite tariff-driven inflation concerns. Source link
Truce Talks | US-China agree to extend their tariff truce for another 90 days – Trump’s Trade War with China: 2025 Timeline
On January 21, just a day after taking office, Trump threatened to impose a 10% tariff on Chinese imports, citing fentanyl trafficking. By February 1, the U.S. had implemented a 10% tariff on Chinese goods and 25% on Mexico and Canada. Days later, China retaliated by targeting U.S. companies like Google and imposing tariffs on […]
Sensex jumps over 100 pts, Nifty tops 24,600; IT stocks rise
Indian benchmark indices Sensex and Nifty50 traded higher on Tuesday, defying weakness in broader Asian markets, as investors awaited July’s domestic inflation data and a crucial US inflation print that could influence near-term interest rate expectations. At 9:26 am, the BSE Sensex was up 103 points, or 0.13%, at 80,707, while the Nifty50 rose 33 […]