Today (November 12), FSN E-Commerce Ventures, the company running the Nykaa brand of beauty and wellness items online, is prepared to release its September quarter (Q2 FY25) financial results. According to news reports, Nykaa will post strong results for the current quarter because of the expansion of its Beauty and Personal Care (BPC) division. According…
On a day when benchmark indices saw volatility, Tata Motors’ share price increased by about 3% in morning trading on Monday, making it one of the top gainers among the Nifty 50 firms. Although Jaguar Land Rover’s margin weakness was the main cause of Tata Motors’ weak Q2 performance, analysts predict that the second half…
During intraday trading on Monday, November 11, shares of Asian Paints, the nation’s top paint and décor company, dropped 9.5% to ₹2,506 a share, the lowest level since April 2021. The company’s poor September quarter (Q2) earnings, which fell short of analysts’ forecasts in every way, were the cause of this decline. Soft demand circumstances,…
On Monday, November 11, shares of Aarti Industries, the Aarti Group’s main firm, fell 10% to ₹427 per share, reaching a 4-year low. This drop came after the company’s terrible September quarter performance when a steep increase in operating costs and poor energy segment performance caused net profit and EBITDA to hit multi-quarter lows. In…
Donald Trump promised to lower Social Security taxes during his campaign, but recipients might not realise the full cost of this change. Trump defeated Democratic opponent Kamala Harris in a close race to become the 47th president of the United States during this week’s elections. During a rally in July, he declared that he would…
ITI Ltd.’s shares jumped 9% to an intraday high of Rs 291 on the BSE today on the company’s announcement that it had been selected as the L1 bidder for the Rs 3,022 crore Middle Mile Network BharatNet project. In the Andaman & Nicobar Islands, West Bengal, and Himachal Pradesh, the business has been the…
On November 6, 2024, Swiggy Limited’s first public offering (IPO) debuted on the Indian primary market. The Swiggy IPO will continue to accept bids until November 8, 2024. Accordingly, Swiggy’s IPO subscription will be available Wednesday through Friday of this week. The Swiggy IPO pricing range has been set by the online food delivery service…
Beijing was on the defensive and unsure how to react when Donald Trump initiated a trade war with China in 2018. Despite losing more, President Xi Jinping is more equipped to battle this time. Trump has threatened to impose up to 60% tariffs on Chinese imports, a figure that Bloomberg Economics claims could severely harm…
On Wednesday, 6 November, Power Grid Corporation, the biggest electric power transmission firm and a Maharatna Central Public Sector Undertaking (CPSU), revealed lower-than-expected results for the second quarter of fiscal year 2025 (Q2 FY25). In comparison to the ₹11,267 crore reported for the same period the previous year, the company’s consolidated revenue for Q2 FY25…
The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles (EVs) and energy-efficient consumer goods. This is a component of the $1 billion debt-raising plan…