Bosch Q1 profit falls 37% on high base; revenue up 22%
Bosch’s net profit for the first quarter of FY27 skidded 37% year-on-year to Rs 702 crore, dragged by a high base from the same quarter last year, NDTV Profit reports. Revenue, however,…
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Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Indian pharma holds firm on domestic production despite Trump tariff threat
Indian pharmaceutical companies are not rushing to move manufacturing to the United States despite former President Donald Trump's threat of up to 200 percent tariffs on imported generic drugs after a two-year…
Intel Plans $15 Billion Share Sale; Stock Falls 5%
Intel shares fell nearly 5% in pre-market trade on Monday after the chipmaker announced plans to raise $15 billion through a stock offering. The company, which has seen its stock surge more…
JioMart hits 2 million daily orders, gains on quick-commerce rivals
JioMart, Reliance Retail's online delivery arm, crossed 2 million average daily orders in the March quarter, up threefold from a year earlier, according to Reliance Industries investor presentations. The platform now reaches…
Raymond Realty targets ₹4500 crore redevelopment in Mahim
Raymond Realty Ltd, the real estate arm of Raymond Group, will launch two redevelopment projects in Mumbai's Mahim area in FY2027 with a combined gross development value of ₹4500 crore. The company…
Budget 2024 rejigs capital gains tax: what stocks, MFs, gold now pay
The Union Budget 2024 has standardised long-term capital gains (LTCG) tax at 12.5% across most asset classes, while short-term capital gains (STCG) rates vary by investment type. For equity stocks, ETFs and…
Brokerages flag structural re-rating for Dee Development Engineers
Brokerages maintain a 'Buy' on Dee Development Engineers with a target price of ₹740, citing a 32% revenue jump driven by oil and gas order execution. The company's margins improved by 87…
Sensex, Nifty flat for third day as crude oil rally caps gains
Indian benchmark indices ended virtually unchanged for a third straight session on Monday, with the Sensex up 43 points at 78,542.44 and the Nifty 50 gaining 13 points to 24,583.80. Rising crude…
Union Mutual Fund names Rajkamal Tiwari interim CEO
Union Mutual Fund has appointed Rajkamal Tiwari as interim chief executive of Union Asset Management Company, the fund house said. Tiwari, currently COO and CFO, replaces Madhukumar Nair effective Tuesday. The Hindu…
Royal Jordanian Airlines picks Ramco Systems for aviation software
Ramco Systems, the Chennai-based enterprise aviation software provider, has been chosen by Royal Jordanian Airlines for its aviation software suite. The deal follows a global evaluation process by the Jordanian national carrier.…
