LIC Housing Finance shares will be in focus on Thursday after the company’s board approved a borrowing plan of Rs 1.23 lakh crore for FY26 through loans, bond issuances, and other instruments. The board, based on the audit committee’s recommendation, approved a total borrowing budget of Rs 1,22,500 crore for the next financial year, the … Read more
Shares of EIH Associated Hotels fell as much as 5.1% on Tuesday to Rs 355.15 on the BSE amid a broader market selloff, as weak global sentiment weighed on investor confidence. The decline came despite the company reporting a modest rise in quarterly earnings. The hospitality firm, part of The Oberoi Group, posted a 5.4% … Read more
Vedanta shares plunged 7% to Rs 410 in Monday’s trade on the BSE after the US dollar reached a record peak against the Indian rupee and other global currencies. The Indian rupee weakened past Rs 87 per US dollar for the first time, following President Trump’s tariff impositions on the country’s largest trading partners, driving … Read more
Some of Trump‘s campaign signature promises, like tariffs and immigration control, if implemented, could put upward pressure on inflation and treasury yields, possibly affecting capital flows into India, says Krishnan VR, Chief of the Quantitative Research team at Marcellus. Tighter visa regulations, however, won’t be a big threat for Indian IT majors, he says in … Read more
Indian benchmark indices experienced a choppy session on Friday, giving up most of their intraday gains but still ending slightly higher, signaling a cautious start to the January series. The S&P BSE Sensex settled at 78,699, up by 226.6 points or 0.29%, while the broader Nifty 50 index closed at 23,813.40, higher by 63.20 points … Read more
Half a dozen banks reported higher quarterly net profit Saturday, as growth in retail loans, increased non-interest income and a fall in provisions more than offset the impact of increasing cost of funds that weighed on their net interest margins (NIMs). ICICI Bank, the largest of the six lenders, reported a 24% rise in net … Read more
Various widely tracked companies like Reliance Industries, Jio Financial Services, HDFC Bank, Asian Paints, LTIMindtree, IndusInd Bank, Polycab India, HUL, UltraTech Cement, ICICI Bank, and Kotak Mahindra Bank will be releasing their December quarter report cards this week. Here’s a list: January 15Jio Financial Services, Angel One, PCBL, Choice, International, Kesoram Industries, Fedbank Financial Services, … Read more
“One indication that could be important to follow for us is what is going on in the consulting space. As you know, we have made significant investments in consulting and strategic decisions to help us transform our organization,” says Thierry Delaporte, CEO, Wipro. “On deal wins, we are continuing to see a strong momentum in … Read more
“And also in a competency, our goal of moving from mechanical to a mechatronics and electronic capabilities, with some of the product offerings that will come through the stable, i.e. sensors and stuff like that, I think it also adds us to the competency and the capability list,” says Nagesh Basavanhalli, Greaves Cotton Limited. Well, … Read more
Various widely tracked companies like L&T, Bajaj Finserv, Sun Pharma, Coal India, Tech Mahindra, Britannia, Ashok Leyland and Jubilant FoodWorks would be releasing their December quarter report cards this week. Here’s a list: January 30 Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, , REC, Laurus Labs, … Read more