Shares of Punjab National Bank (PNB) climbed 1.7% to touch the day’s high of Rs 115.7 on the BSE on Monday, following the public sector lender’s announcement of a 14% year-on-year (YoY) increase in its profit after tax (PAT) for the quarter ended September 30, 2025. The PAT stood at Rs 4,904 crore, up from … Read more
Shares of food delivery firm Eternal slid 4.2% to their day’s low of Rs 333.75 on the BSE on Friday, October 17, after the company reported a sharp 63% year-on-year (YoY) decline in its consolidated net profit for the September quarter. The net profit stood at Rs 65 crore in Q2 FY26, down from Rs … Read more
“Over the past 3–4 quarters, we saw increasing losses in quick commerce due to pricing wars, heightened competitive intensity, and marketing investments. So, it’s evident that the worst is behind us in terms of profitability and losses. From a medium- to long-term perspective, we expect the breakeven point to return for Blinkit — something we … Read more
“Overall, from a medium-term perspective, not only for auto tariffs but overall because of the other tariffs across sectors, you will see inflationary pressures in the US and mind you that couple of months back it was only the US that was expected to give a strong growth in terms of the guidance for many … Read more
Mutual fund investment: In the year 2024, sectoral and thematic funds have emerged as the focal point in the investment landscape, capturing 42% of the total active mutual fund inflows. This surge in interest is primarily driven by domestic investors, notably retail investors, who are displaying a significant penchant for sectoral and thematic funds. As of … Read more
Jo Johnson, the brother of Boris Johnson. File | Photo Credit: REUTERS Lord Jo Johnson, younger brother of former British prime minister Boris Johnson, has resigned his non-executive directorship of a UK-based investment firm linked with the now-withdrawn Adani Enterprises Follow-on Public Offer (FPO). ‘The Financial Times’ newspaper referenced UK Companies House records to reveal … Read more