Foreign investors continue to show confidence in the country’s equity market, infusing Rs 18,620 crore so far this month, driven by a combination of global tailwinds and improving domestic fundamentals. This positive momentum follows a net investment of Rs 4,223 crore in April, marking the first inflow in three months, data with the depositories showed. … Read more
Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has recorded a profit after tax (PAT) of Rs 527 crore in 2024-25, registering a growth of 48 per cent over Rs 357 crore of net profit in the previous fiscal, an official said on Tuesday. The company posted a 39 per cent growth in total … Read more
The VVIP gallery at the venue where the Prime Minister will be addressing a public meeting on May 2, in Amaravati on Tuesday. | Photo Credit: T. VIJAY KUMAR All is set for the relaunch of Amaravati capital works by Prime Minister Narendra Modi on May 2. The Prime Minister will be laying the foundation … Read more
Gold prices climbed Rs 200 to Rs 99,400 per 10 grams in the national capital on Thursday following fresh buying by stockists and jewellers and a weak dollar, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity took a U-turn from the historic Rs 1 lakh-mark and declined Rs … Read more
Adani Energy Solutions Ltd (AESL), the electricity transmission arm of the Adani Group, on Thursday reported an 87 per cent rise in March quarter profit to Rs 714 crore, aided by a one-time exceptional income. It had posted a net profit of Rs 381.29 crore in the January-March period of preceding 2023-24 financial year, the … Read more
India’s Tata Communications reported a 15% rise in its fourth-quarter profit on Tuesday, helped by higher demand for its data services. The firm’s consolidated pre-tax profit for the January-to-March quarter rose to 3.36 billion rupees ($39.5 million) from 2.92 billion rupees a year earlier. Tata Communications, which provides services such as data connections and cybersecurity … Read more
High salaries may look impressive on paper, but they don’t guarantee wealth. What truly matters is how much you save — not how much you earn, says veteran investor Vijay Kedia. In a recent post on X (formerly Twitter), Kedia urged individuals to rethink their lifestyle choices and focus on disciplined saving to build long-term … Read more
Prime Minister Narendra Modi. File. | Photo Credit: PTI Andhra Pradesh Chief Secretary K. Vijayanand said on Wednesday that Prime Minister Narendra Modi would be visiting the State to set the capital construction works in motion on May 2. The Cabinet sub-committee, comprising Ministers Payyavula Keshav, Kollu Ravindra, Y. Satyakumar Yadav, Nadendla Manohar, and P. … Read more
Gold prices rallied by Rs 1,100 to hit a fresh peak of Rs 92,150 per 10 grams in the national capital on Friday amid rise in precious metal rates in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had finished at Rs 91,050 per 10 … Read more
India’s Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its funding target, two sources familiar with the matter said on Friday. The group, which caters to sectors including construction and real estate, plans to raise $3.2 billion to $3.3 billion through the bond issue, … Read more