Mumbai, May 13 (IANS) The Indian stock markets ended lower on Tuesday as investors booked profits following Monday’s sharp rally. The sell-off was also fuelled by the potential fallout from the ongoing US-China trade talks.
Mumbai, May 13 (IANS) Patel Engineering Limited on Tuesday reported a sharp drop in its net profit for the fourth quarter (Q4) of FY25 despite strong revenue growth, as rising expenses and narrowing margins put pressure on earnings.
Mumbai, May 13 (IANS) Homegrown biopharma major Suven Life Sciences on Tuesday reported over 65 per cent increase in its net loss for the fourth quarter (Q4) of FY25, as a significant drop in revenue weighed heavily on its financial performance.
Mumbai, May 13 (IANS) India's retail sector is witnessing a major transformation, with over 16.6 million square feet of new Grade A mall space expected to come up across top seven cities in 2025 and 2026, a new report said on Tuesday.
New Delhi, May 13 (IANS) The shares of Zhuzhou Hongda Electronics Corp Ltd, the Chinese defence company that manufactures the PL-15 missile, dropped sharply by 6.42 per cent or 2.56 Yuan to 37.33 Yuan on Tuesday, after India's air defence system successfully intercepted and destroyed the missile during the conflict with Pakistan.
Mumbai, May 13 (IANS) Shares of One97 Communications Ltd, the parent company of Paytm, declined marginally on Tuesday after stock worth Rs 2,380 crore changed hands in multiple large trade order involving 1.7 crore shares.
Mumbai, May 13 (IANS) The Indian rupee opened 75 paise stronger at 84.65 against the US dollar on Tuesday, following its previous close at 85.38 a dollar.
Mumbai, May 13 (IANS) Indian equity indices opened in the red on Tuesday as heavyweights like Infosys, Eternal (Zomato) and Kotak Mahindra Bank were top losers in the BSE benchmark.
New Delhi, May 13 (IANS) The Central government’s abrupt termination of RP Gupta, Chairman and Managing Director of the Solar Energy Corporation of India (SECI), stems from serious irregularities involving Anil Ambani-owned Reliance Power, according to multiple sources familiar with the matter.
New Delhi, May 12 (IANS) Prime Minister Narendra Modi said on Monday that the effectiveness of ‘Made in India’ defence equipment was decisively proven during Operation Sindoor against Pakistan, in which terrorist hubs were wiped out with precision strikes and heavy damage was also caused to airbases deep inside enemy territory.
