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New Delhi: PIB Fact Check on Monday warned internet users of an AI-manipulated video of Finance Minister Nirmala Sitharaman suggesting an investment scheme to earn Rs 60,000 in 24 hours and Rs 10 lakh a month. The fact-checking unit of Press Information Bureau (PIB) said that the video is false and misleading as it was digitally altered. "A video on Facebook falsely shows Union Finance Minister @nsitharaman promoting an 'investment program' that promises easy daily income. The Finance Minister ...Read More >
ITC Hotels announced a significant 74 percent increase in its second-quarter net profit. This growth was driven by higher revenues from operations. The company's revenue from operations increased to Rs 839.48 crore. NEW DELHI: ITC Hotels on Friday reported nearly 74 per cent rise in consolidated net profit for the second quarter ended September at Rs 133.29 crore, on higher revenue from operations. The company, which listed on the stock exchanges earlier this year post its demerger from ITC Li ...Read More >
New Delhi, Oct 27 (PTI) Helmets manufacturer Studds Accessories Ltd is targeting to raise Rs 455 crore through its initial public offering (IPO), which is scheduled to open on October 30. The company has set a price band of Rs 557 to Rs 585 per share, valuing it at around Rs 2,300 crore at the upper end of the range. The issue will close on November 3, while the anchor book will open for a day on October 29, the company said in a public announcement. The IPO will comprise only an offer-for-sa ...Read More >
Mumbai: Overseas fund managers are at their most bullish on Indian equities since July, in contrast with their outlook earlier this month when bearish wagers were at record levels. These investors have cut bearish bets in Nifty futures amid the bounce in Indian equities in the past two weeks that has brought the main indices near all-time highs reached in September 2024. The long-short ratio-a market sentiment indicator that compares the number of traders betting on a rise in prices (long posi ...Read More >
Orkla India IPO GMP: Orkla India Ltd. IPO is a book build issue of Rs 1,667.54 crores. The issue is entirely an offer for sale of 2.28 crore shares of Rs 1,667.54 crore. Orkla India IPO price band is set at Rs 695.00 to Rs 730.00 per share. The lot size for an application is 20. Orkla India IPO GMP : The initial public offering ( IPO ) of Orkla India is set to open for subscription on October 29, 2025, and will close on October 31, 2025. The company has announced a price band of Rs 695 to Rs 73 ...Read More >
Kolkata, Oct 25 (UNI) The government's recent Free Trade Agreement (FTA) with several European nations, Japan and the UAE would boost exports of leather goods and help sustain the sector on a firm footing, notwithstanding the US tariff war on India, an industry body has said. Mumbai, Oct 25 (UNI) Reliance Industries Limited (RIL) officially announced through a regulatory filing to the stock exchange that it has incorporated a step-down subsidiary called Reliance Enterprise Intelligence Limited ...Read More >
New Delhi, Oct 25 (SocialNews.XYZ) The Life Insurance Corporation of India (LIC) on Saturday denied false reports by The Washington Post, reaffirming all investments are made with integrity and due diligence. In a rebuttal to the article, LIC said the allegations leveled by The Washington Post that the investment decisions of LIC are influenced by external factors are "false, baseless, and far from truth". "No such document or plan as alleged in the article has ever been prepared by LIC, which ...Read More >
Mumbai, October 24: Tata Motors' name has been changed to Tata Motors Passenger Vehicles after the demerger. The Indian automobile giant will trade as TMPV on stock exchanges. It was effective after the company's stock adjusted to the demerger of its commercial vehicle business earlier this month. Soon, the shares of the demerged commercial vehicle business may be listed on stock exchanges, including BSE and NSE. TaMo (Tata Motors) has now officially become TMPV; however, the question arises ab ...Read More >
New Delhi, Oct 24 (PTI) ITC Hotels on Friday reported nearly 74 per cent rise in consolidated net profit for the second quarter ended September at Rs 133.29 crore, on higher revenue from operations. The company, which listed on the stock exchanges earlier this year post its demerger from ITC Limited, had posted a net profit of Rs 76.63 crore a year ago. In a statement, ITC Hotels observed that the hospitality sector remains well-positioned for expansion, backed by robust domestic travel, evolv ...Read More >
New Delhi, Oct 24 (PTI) SBI Life Insurance Company on Friday reported a net profit of Rs 494.6 crore for September quarter of the current fiscal (FY26), marking a year-on-year decline of 6.6 per cent. The insurer had a net profit of Rs 529.42 crore in the same quarter last year. The company's net premium income during the quarter under review rose to Rs 24,848 crore from Rs 20,266 crore registered a year ago, according to a stock exchange filing. Amit Jhingran, MD & CEO of SBI Life welcomed t ...Read More >
Midwest share price: Midwest, India's largest Black Galaxy Granite producer, debuted on stock exchanges at a 9.4% premium, reflecting strong investor demand for its Rs 451 crore IPO. The company's integrated model, global reach, and robust financial performance, including significant revenue and profit growth, position it as a strong player in the natural stone sector. Shares of Midwest listed at a 9.4% premium at Rs 1,165 on both NSE and BSE on Friday. The Rs 451 crore IPO generated strong inv ...Read More >
New Delhi, Oct 24 (PTI) Orkla India, which owns spices and condiments brands MTR and Eastern, on Friday fixed a price band of Rs 695-730 per share, aiming for a valuation of around Rs 10,000 crore at the upper end. The company's Rs 1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on October 31, according to a public announcement. Anchor investors can submit their bids on October 28. The company's IPO is a complete Offer For Sale (OFS) of 2 ...Read More >
Mumbai, Oct 23 (SocialNews.XYZ) Vardhman Textiles Limited on Thursday announced its September quarter results (Q2 FY26) as the company reported a 5 per cent year-on-year (YoY) drop in its net profit to Rs 187.76 crore, compared to Rs 197.29 crore in the same quarter previous financial year (Q2 FY25). Revenue also slipped slightly by 1 per cent to Rs 2,480 crore from Rs 2,502.4 crore a year ago, according to its stock exchange filing. However, operating performance improved as the company's ear ...Read More >
New Delhi, Oct 23 (PTI) Epack Prefab Technologies Ltd has reported a two-fold jump in its consolidated net profit to Rs 29.46 crore in the second quarter of this fiscal year on higher income. Its net profit stood at Rs 14.42 crore in the year-ago period. Total income rose to Rs 436.72 crore in the July-September quarter of this fiscal from Rs 270.82 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday. During the entire 2024-25 fiscal, Prefab ...Read More >
India's stock exchanges, NSE and BSE, are altering the timing of the Diwali Muhurat Trading session for the first time in decades, moving it to the afternoon today to mark the start of the new Hindu financial year, Samvat 2082. This auspicious one-hour trading period, traditionally held in the evening, will now run from 1:45 p.m. to 2:45 p.m. Mumbai, For the first time in decades, India's stock exchanges are changing the timing of one of the market's most symbolic events -- the Diwali Muhurat T ...Read More >
Mumbai, October 21: For the first time in decades, India's stock exchanges are changing the timing of one of the market's most symbolic events -- the Diwali Muhurat Trading. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will hold the special trading session in the afternoon today, between 1:45 p.m. and 2:45 p.m., instead of the usual evening slot. This marks the beginning of the new Hindu financial year, Samvat 2082. Muhurat trading has always been seen as an auspicious even ...Read More >
Mumbai, Oct 20: The rupee rose 9 paise to close at 87.93 (provisional) against the US dollar on Monday, supported by foreign fund inflows and lower crude oil prices. Positive sentiments in the domestic equity markets lent further support to the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 87.94 against the US dollar and traded in the range of 87.74-87.94 during the day before settling at 87.93 (provisional), higher by 9 paise against its previo ...Read More >
Globally, developments around proposed US tariffs on China, along with movements in crude oil prices and currency trends, will play a key role in shaping risk appetite and investor positioning, Mishra added.Source : ABPLIVE AI The Indian benchmark indices saw significant gains during early trade on Monday morning on account of Diwali as the Sensex opened 498 points higher at 84,451.11, and the Nifty opened higher by more than 190 points, at 25,899.90. In the pre-open session, at 9:03 AM, the S ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty ended higher Monday, taking their winning run to the fourth day in a row, driven by buying in blue-chip Reliance Industries and sustained foreign fund inflows. A sharp rally in global markets also added to the markets' optimism. The 30-share BSE Sensex jumped 411.18 points or 0.49 per cent to settle at 84,363.37. During the day, it zoomed 704.37 points or 0.83 per cent to 84,656.56. The 50-share NSE Nifty surged 133.30 points or 0.52 per cent ...Read More >
Mumbai, Oct 20 (PTI) The rupee rose 9 paise to close at 87.93 (provisional) against the US dollar on Monday, supported by foreign fund inflows and lower crude oil prices. Positive sentiments in the domestic equity markets lent further support to the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 87.94 against the US dollar and traded in the range of 87.74-87.94 during the day before settling at 87.93 (provisional), higher by 9 paise against its p ...Read More >
Founded in 1908, the 117-year-old institution once rivalled the Bombay Stock Exchange in trading volumes and stood as a symbol of Kolkata's financial heritage. The Calcutta Stock Exchange (CSE), one of India's oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 following regulatory non-c ...Read More >
Kolkata: The Calcutta Stock Exchange (CSE), one of India's oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 following regulatory non-compliance. After years of efforts to revive operations and contest SEBI directives in courts, the exchange has now decided to back out of the business a ...Read More >
Mumbai, Oct 19 (SocialNews.XYZ) The Calcutta Stock Exchange (CSE), one of India's oldest stock exchanges, may be celebrating its final Kali Puja and Diwali this year on October 20 as a functioning bourse. After a long legal and regulatory battle, the exchange is close to completing its voluntary exit from the stock exchange business. CSE, founded in 1908, once competed with the Bombay Stock Exchange and was a major part of Kolkata's financial landscape. But the exchange faced a serious setbac ...Read More >
New Delhi [India], October 18 (ANI): After a bumper rally over the past few weeks, the precious metals market witnessed a sharp correction on Friday, as both Gold and Silver prices tumbled on the Multi Commodity Exchange (MCX). The decline came amid a profit-taking wave triggered by specific external market factors that temporarily eased geopolitical and economic anxieties. Gold prices of 24 kt on MCX, which had recently touched a record high of Rs 1,32,294 per 10 grams, fell by around 3 per c ...Read More >
MUMBAI: PCBL Chemical Limited, a part of the RPSG Group, on Friday reported a 50 per cent year-on-year (YoY) to Rs 61.7 crore in the July-September quarter (Q2 FY26), compared to Rs 123 crore in the same period last financial year (Q2 FY25). Revenue for the quarter remained almost unchanged at Rs 2, 163 crore, according to its stock exchange filing. Operational performance also weakened during the quarter. The company's earnings before interest, tax, depreciation and amortisation (EBITDA) fell ...Read More >
Mumbai: IndusInd Bank on Friday clarified that the reported accounting irregularities amounting to Rs 255 crore are not part of any new investigation. The bank stated that the matter had already been investigated in an earlier probe conducted by an independent external agency, whose report was submitted in April 2025. In a filing to the stock exchanges, the private sector lender stated that it has made all the necessary disclosures in this regard, and the same has appropriately reflected the re ...Read More >
New Delhi, Oct 17 (PTI) Gold prices surged by Rs 2,442 to touch an all-time high of Rs 1,32,294 per 10 grams in the domestic futures trade on Friday, driven by safe-haven demand as investors weighed deepening global economic uncertainties and expectations of monetary easing by the US Federal Reserve. On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery increased by Rs 2,442, or 1.88 per cent, to hit a lifetime high of Rs 1,32,294 per 10 grams. Similarly, the Fe ...Read More >
Mumbai: Eyewear retailer Lenskart is looking to launch its ₹8,000-crore initial public offering (IPO) in early November, according to bankers. This will be the fourth-largest issue in 2025 so far after Tata Capital, HDB Financial Services and LG Electronics. Bankers said the company is looking to capitalise on the continued investor appetite for large public issues. "Lenskart may announce the price band by the end of October and launch the IPO in the first week of November," said a banker. Br ...Read More >
New Delhi: Gold prices on Thursday surged by Rs 1,185 to scale an all-time high of Rs 1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the USD 4,250 per ounce globally, driven by expectations of interest rate cuts by the US Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed by Rs 1,185, or 0.93 per cent, to reach a new peak of Rs 1,28,395 per 10 grams.Extending the gains for ...Read More >
New Delhi, Oct 16 (PTI) Gold prices on Thursday surged by Rs 1,185 to scale an all-time high of Rs 1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the USD 4,250 per ounce globally, driven by expectations of interest rate cuts by the US Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed by Rs 1,185, or 0.93 per cent, to reach a new peak of Rs 1,28,395 per 10 grams. Extending ...Read More >
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