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Avenue Supermarts, which operates the retail chain of Dmart, will remain in focus on Monday, January 13, after the company announced that its standalone Q3 revenue jumped 17.5% year-on-year (YoY) to Rs 15,565 crore while profit rose 6.5% YoY to Rs 785 crore. However, the retailer's EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5% on a YoY basis.

Central Consumer Protection Authority (CCPA) has sought additional documents from the company as part of its ongoing investigation into the electric two-wheeler manufacturer. “In continuation of the earlier letter received from the Central Consumer Protection Authority dated December 04, 2024, by Ola Electric Mobility Limited we would like to inform you that the company has received further request for information via email dated January 10, 2025,” the company said in an exchange filing on Friday post market hours.

Sundararaman Ramamurthy, MD & CEO, BSE, says as the nation grows, so does its economy, leading to the expansion of individual enterprises. Entrepreneurs are investing their life savings into their ventures, and I believe that small and medium-sized enterprises (SMEs) will thrive, with many advancing to the main board. Once listed, these companies may pursue multiple exchange listings, enhancing liquidity, credibility, and access to financing, which will support greater capital formation and benefit the economy. What is your view on how the SME listings for BSE would move for this year? Sundararaman Ramamurthy: Let me give you a macro picture and then let me come to the BSE picture. From a macro level, we are talking about 6.2, 6.3 crores of SMEs in the country. Today we are talking about the total listing of some 1,000 plus companies across exchanges. All the 6.2 crore companies may not be big enough to come for listing or may not be requiring a listing as well.

Brent crude futures climbed $1.35, or 1.69%, to $81.11 a barrel by 2339 GMT after hitting an intraday high of $81.44, the highest since Aug. 27.

Here's breaking down the pre-market actions:

The impact of the jobs report on U.S. rate cut prospects also raised the stakes for consumer price figures on Wednesday where any rise in the core greater than the forecast 0.2% would threaten to close the door on easing altogether.

At least three Indian companies plan to raise more than $1 billion combined by selling dollar bonds to international investors this week, people aware of the details said.

integrated dental products company with presence in India and overseas. It is rolling out an initial public offering of ₹698 crore comprising a fresh issue of ₹138 crore and an offer for sale of ₹560 crore that dilutes the promoter shareholding from 46.5% to 42.6%. Of the issue proceeds, ₹27.5 crore will be used to repay borrowings and ₹68.3 crore for funding capex. Business: Incorporated in 2004, the company manufactures a range of branded dental products ranging from crowns, bridges, and aligners to thermoforming sheets, intraoral scanners and paediatric dental products. It is the largest and most profitable vertically integrated and indigenous B2B2C dental aligner solutions company.

Subscribe to enjoy similar stories. Is there a new restaurant you are keen to try? They can probably seat you for dinner five weeks from now at 10pm—if you’re lucky and can reserve a spot in under two minutes online. That’s why Bengaluru-based algorithms engineer Dakshin Victor John, 28, spent a few hours analysing session timing, page views and queues on the website of Naru, the noodle bar that opens for reservations every Monday at 8pm and is booked within minutes.

ITC Ltd. has allotted 125.11 crore equity shares of ITC Hotels to its shareholders. The decision was finalized during a Board meeting on January 11, 2025, following a scheme of arrangement between ITC Ltd. and ITC Hotels (ITCHL). In an exchange filing, ITC stated, «The Board of Directors of ITCHL, at the meeting held today, January 11, 2025, has allotted 125,11,71,040 equity shares of Rs 1 each to the shareholders of the company as of the record date, January 6, 2025, pursuant to the Scheme of Arrangement among ITC Limited, ITCHL, and their respective shareholders and creditors.»

Indian market closed in red on Friday, dragged lower by selling in heavyweight financial and energy stocks, as worries over corporate earnings dampened market sentiment, while IT stocks stood out as the only gainers after quarterly update from sector leader TCS suggested early signs of a demand recovery. The benchmark BSE Sensex lost 241.30 points or 0.31% to close at 77,378.91, while the broader Nifty 50 index closed at 23,431.50, lower by 95.00 points or 0.4%.

Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that he sees the bearish pressure continue and to intensify as the index closed below 23,500 for the first time in several days. «The index remains below the crucial 50 EMA, reaffirming a bearish trend. Furthermore, the RSI remains in a negative crossover, signaling weak momentum. Sentiment stays subdued in the short term, with the potential for a decline toward 23,300 or 23,000. On the upside, resistance is observed at 23,550–23,600,» De said.

virtual digital assets (VDA) has been a rollercoaster. From skepticism to cautious exploration, the narrative has shifted significantly in recent years. As the global virtual digital assets market matures, it’s crucial for India to embrace a well-defined regulatory framework that nurtures innovation while safeguarding the interests of all stakeholders.

Avenue Supermarts, which operates the retail chain of DMart, on Saturday announced that its standalone Q3 revenue jumped 17.5% year-on-year (YoY) to Rs 15,565 crore while profit rose 6.5% YoY to Rs 785 crore. The retailer's EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5% on a YoY basis.

capital markets regulator is not planning any more measures to curb or restrict activity in derivatives, Sebi's Wholetime Member Ananth Narayan said on Saturday. An expert group under former RBI executive director G Padmanabhan continues to work on bettering the system, and some moves on ease of doing business and better risk management are being mulled, he added. «At this point in time, there is no thought of Sebi taking any further steps in this particular regard,» Narayan said, addressing an event organised by Sebi-promoted NISM here.

EMA Partners India on Saturday said it is looking to raise Rs 76 crore on the NSE's Emerge platform through an initial public offering, which will open for public subscription on January 17. The issue with a price band of Rs 117-124 apiece will conclude on January 21. The bidding for anchor investors will open for a day on January 16, the company said in a statement. At the upper end of the price band, the company will raise about Rs 76.01 crore.

markets extended their decline over the past five sessions and ended the week on a negative note. While the week started on a bearish note, the Nifty violated a few key levels on higher and lower time frame charts. Along with the weak undercurrent, the trading range widened again as the Nifty moved in a 745-point range. The volatility spiked up, and India Vix surged 10.16% to 14.91 on a weekly basis. Following a thoroughly bearish undertone, the headline index closed with a net weekly loss of 573.25 points (-2.39%).

Aditya Birla Sun Life Mutual Fund (MF), ICICI Prudential MF, HDFC MF, Kotak MF, Mirae Asset MF, Tata MF, Birla Sunlife Insurance, Max Life Insurance, Abu Dhabi Investment Authority, Nomura, Goldman Sachs, Al Mehwar Commercial Investments and Natixis Investment Managers, among others, have been allotted shares in the anchor round.

CLSA has initiated coverage on the recently listed Hyundai Motor India with an «Outperform» rating and a target price of Rs 2,155, predicting an upside potential of 20.5%, citing the automaker's strong growth prospects and strategic expansion plans. Describing Hyundai’s positioning as ‘aspirational yet affordable’, the brokerage firm notes that while Hyundai is currently experiencing a period of low growth amid elevated utilization rates, the company's outlook remains promising.

Jeju Air flight that left 179 people dead stopped recording four minutes before the disaster, South Korea's transport ministry said Saturday. The Boeing 737-800 was flying from Thailand to Muan, South Korea, on December 29 carrying 181 passengers and crew when it belly-landed at the Muan airport and exploded in a fireball after slamming into a concrete barrier. It was the worst-ever aviation disaster on South Korean soil.

«Now, within utilities, you can very well define a few infra companies, a few cement companies, a few power companies but as a theme power should continue doing well,» says Mayuresh Joshi, Head Equity, Marketsmith India. Give us a sense of what kind of momentum you are expecting when it comes to the markets next week, because we have had numbers come in from TCS, good set of numbers, IT is looking good. Next week, we get a little bit deeper into the quarter three earnings. Tell us which sectors you think are going to emerge as winners or if you could put it that way, the one with the least amount of cuts coming in when it comes to the earnings preview for quarter three. Mayuresh Joshi: So, two things, as we see earnings forecast chart put through Panaray, our institutional software, and the sector rotation graph that we probably have, which takes into account earnings that have happened till the quarter gone by and expectations of consensus earnings over the next few quarters, BFSI as a space selective probably looks the strongest as far as the EPS ratings are concerned.