India Financial News
07.02 / 18:15
07.02 / 16:35
07.02 / 16:35
07.02 / 15:29
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Pinterest shares jump 20% as AI advertisement tools drive forecasts
revenue above estimates, indicating that its AI-powered tools would spur ad spend on the image sharing platform. Pinterest has focused on direct response ads, designed to prompt specific actions like app downloads or website visits.
07.02 / 14:21
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Making agro-based disposable utensils? Run a microbial test to rule out presence of germs
Subscribe to enjoy similar stories. New Delhi: Taking a leaf out of China's book on standards for agro-based disposable utensils, the government has decided to tighten regulations for food-serving utensils made from agricultural by-products by making microbial safety testing mandatory for manufacturers, two people aware of the matter said. The move assumes significance as demand for disposable food-serving utensils at social gatherings has been growing amid environmental concerns sparked by the widespread use of non-biodegradable polythene-based products.
07.02 / 14:15
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Balu Forge Q3 results: Ashish Kacholia portfolio co reports 134% YoY PAT jump, revenue up 74%
The Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at Rs 68 crore in the reported quarter versus Rs 33 crore in Q3FY24, witnessing a 107% jump.
07.02 / 13:57
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Juniper
AT Capital owned Juniper Green Energy plans Rs 3,000 crore IPO
Backed by Singapore-based investment firm AT Capital and Dutch energy & commodity trading company Vitol, Juniper has hired ICICI Securities, JM Financial and HSBC to launch a Rs 3000-crore IPO, said people aware of the development. The money will be raised through primary offering of shares, said sources.
07.02 / 13:57
07.02 / 13:57
Target
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Manufacturing must play significant role to realise USD 2 trn exports target by 2030: EXIM Bank DMD
manufacturing sector has to play a «very significant role» to realise India's aim to clock USD 2 trillion worth of goods and services exports by 2030, Deputy Managing Director of EXIM Bank Tarun Sharma said on Friday.
07.02 / 12:55
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Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty index opened positive on Friday, witnessed profit booking and finally settled the day on a negative note at the 23,560 level. The volatility index, India VIX, dropped by 3.45% to 13.69, indicating a decrease in market volatility.
07.02 / 12:55
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Vande Bharat passengers can buy food onboard even if they opt out during ticket booking: Railways
IRCTC (Indian Railway Catering and Tourism Corporation)," the Railway Board said in a circular addressed to the chairman and managing director of IRCTC on Friday.
07.02 / 12:45
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Kia contests $14 million India tax demand for wrongly using trade treaty exemptions
free trade agreements to claim lower tariffs on some electronic car part imports, the latest tax tussle between the South Korean automaker and New Delhi.
07.02 / 12:45
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Delhivery Q3 Results: Cons PAT soars 114% YoY to Rs 25 crore, revenue up 8%
Delhivery reported a 114% year-on-year jump in its December quarter net profit at Rs 25 crore versus Rs 12 crore reported in the year ago period making it the third consecutive profitable quarter for the company. The revenue from operations in the reported quarter stood at Rs 2,378 crore, witnessing an 8% jump over Rs 2,194 crore reported in the corresponding quarter of the previous financial year. On a sequential basis, the profit after tax (PAT) was 145% higher over Rs 10 crore posted by the logistics company in Q2FY25. Meanwhile the revenue was up 9% on a quarter-on-quarter basis versus Rs 2,190 crore reported in the July-September quarter.
07.02 / 12:45
07.02 / 11:45
07.02 / 11:45
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Stock market update: Nifty Realty index advances 0.1%
Shares of Macrotech Developers Ltd.(up 3.35 per cent), Phoenix Mills Ltd.(up 1.75 per cent), Oberoi Realty Ltd.(up 1.52 per cent) and Raymond Ltd.(up 0.23 per cent) ended the day as top gainers in the pack.
07.02 / 11:45
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Stock market update: Nifty Bank index falls 0.44%
Shares of Federal Bank Ltd.(up 2.47 per cent), IndusInd Bank Ltd.(up 1.28 per cent), Au Small Finance Bank Ltd.(up 1.0 per cent), Kotak Mahindra Bank Ltd.(up 0.7 per cent) and IDFC First Bank Ltd.(up 0.57 per cent) ended the day as top gainers in the pack.
07.02 / 11:45
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Pharmaceuticals
Stock market update: Nifty Pharma index advances 0.31%
Shares of Torrent Pharmaceuticals Ltd.(up 3.08 per cent), Glenmark Pharmaceuticals Ltd.(up 2.69 per cent), Abbott India Ltd.(up 2.48 per cent), Mankind Pharma Ltd.(up 1.56 per cent) and Lupin Ltd.(up 0.73 per cent) ended the day as top gainers in the pack.
07.02 / 08:09
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'Lottery ticket': Crypto investors brace for bumpy ride under Trump
The crash immediately wiped out tens of thousands of dollars from his savings.
07.02 / 07:59
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Strategy reports fourth straight quarterly loss, deepens bitcoin focus with rebranding
cryptocurrency. The Tysons Corner, Virginia-based company booked impairment losses from digital assets of $1.01 billion in the quarter, compared with $39.2 million a year ago.
07.02 / 06:53
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Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
Subscribe to enjoy similar stories. Mumbai: The Reserve Bank of India’s (RBI) monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. The first rate cut in five years, the Monetary Policy Committee's decision will lead to lower equated monthly instalments or EMIs by retail borrowers by an equivalent amount, provided their rates are linked to the repo.
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