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Adani Wilmar clocks 105 pc profit jump in Q3, revenue rises 31 pc

Jan 27, 2025

Mumbai, Jan 27 (IANS) Adani Wilmar saw its stock rising on Monday after the company reported a 105 per cent jump in net profit at Rs 410.57 crore in Q3 FY25, compared to Rs 201 crore in the same quarter last year.Revenue for the quarter jumped 31 per cent (year-on-year) to Rs 16,859 crore, up from Rs 12,828 crore in Q3 FY24, according to the…

Key reasons why Indian stock market is falling

Jan 27, 2025

Mumbai, Jan 27 (IANS) The Indian stock market witnessed a sharp fall on Monday as the benchmark indices faced heavy selling pressure amid weak global cues, uncertainty over US trade policies and sustained foreign fund outflows.One of the…

Business

Credit card usage in India grows as consumers finance consumption needs

Jan 27, 2025

New Delhi, Jan 27 (IANS) Credit card usage in India grew at 34 per cent in the September quarter of 2024, compared to 26 per cent in the same period in 2023, as consumers increased spending on their existing credit cards to finance their…

Business

Govt starts search for new SEBI chief as Buch’s tenure ends on Feb 28

Jan 27, 2025

New Delhi, Jan 27 (IANS) The Union Ministry of Finance has started the search for a new chairman to head the Securities and Exchange Board of India (SEBI) as the tenure of incumbent Madhabi Puri Buch ends on February 28.The Finance…

Business

Processor performance top choice among Indian smartphone consumers: Report

Jan 27, 2025

New Delhi, Jan 27 (IANS) Smartphone processor performance has taken the lead in smartphone purchase decisions among Indians, followed by battery life, storage capacity and camera quality, according to a report on Monday.With increasing…

Business

Maiden edition of Handicrafts Expo (Artefacts), Jodhpur-2025 by EPCH gets phenomenal response

Jan 27, 2025

Jodhpur, Rajasthan, 26th January 2025: The 1st edition of Handicrafts Expo (ARTEFACTS), Jodhpur-2025, concluded today amidst much fanfare. Artefacts Jodhpur was organised by the Export Promotion Council for Handicrafts (EPCH) from 23rd to…

Business

US-based AI company Perplexity submits revised bid for TikTok: Report

Jan 27, 2025

New Delhi, Jan 27 (IANS) US-based artificial intelligence (AI) company Perplexity has reportedly submitted a revised proposal to merge with Chinese short-form video platform TikTok.US President Donald Trump last week signed an executive…

Business

Indian stock market opens lower, pares early morning losses

Jan 27, 2025

Mumbai, Jan 27 (IANS) The Indian benchmark indices opened lower on Monday amid poor Q3 earnings and weak global cues in the week of Union Budget 2025-26.Sensex was trading at 75,756.52, down 433 or 0.57 per cent at around 9.32 am while the…

Business

Big brokerage firms tipped to have pocketed decent earnings in 2024

Jan 27, 2025

Seoul, Jan 27 (IANS) South Korea's major brokerage houses are expected to have racked up decent earnings last year on the back of increased trading of overseas stocks, industry sources said on Monday.According to the data from market…

Business

Investment announcements in India reach Rs 32.01 lakh crore in 9 months this fiscal

Jan 27, 2025

New Delhi, Jan 26 (IANS) The total investment announcements stood at Rs 32.01 lakh crore in the nine months this fiscal (FY25), marking a 39 per cent increase from Rs 23 lakh crore in the same period last fiscal, reflecting a positive…

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