AUM heavyweights SBI, HDFC and ICICI Pru flex muscle, adding Rs 2 trillion+ each. Mutual fund houses saw robust asset growth in the third quarter, with the industry’s assets under management (AUM) expanding nearly 40 per cent year-on-year. Key players
Although UltraTech Cement’s results for the December quarter of the current financial year (Q3FY25) were not an improvement compared to Q3FY24, the company managed to surpass Street expectations. Photograph: Amit Dave/Reuters The company’s profit attributable to the owners of the
Dr Reddy’s Laboratories (DRL) share price plunged 6.66 per cent to Rs 1,203.50 per share on the NSE during Friday after analysts remained cautious on the company’s Q3 performance and differed on its growth outlook. Chairman of Dr. Reddy’s Laboratories,
1 / 7 The third-quarter earnings season (Q3 FY25) is in full swing, with around 140 companies set to announce their results this week. Key players to watch include Tata Steel, Bajaj Auto, L&T, Adani Enterprises, Adani Ports, TVS Motor,
Upcoming IPO: Jamnagar-based shipping and logistic solutions provider Shreeji Shipping Global Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Saturday, January 25. The company aims to
The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore ($7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning
Equity benchmarks Sensex and Nifty surrendered early gains to close with losses in a volatile session on Friday, snapping their two-day winning streak as investors pared exposure to realty, oil & gas and healthcare stocks amid a mixed trend in
About 99,165 electric cars were sold in India in 2024, but electric car penetration — share of electric car sales in total sales — was just about 2.5 per cent. IMAGE: Mercedes Benz Head Of Region Overseas Sagree Sardien and
Industry experts say the rupee’s record low last week presents an investment opportunity for non-resident Indians (NRIs) and global capability centres (GCCs). While firms like KPMG, Emkay Global, CRISIL, and Anarock see potential gains for overseas investors, they also caution
ICICI Bank Q3 results Live updates: The lender’s net profit was up 14.8% from last year and NII increased by 9.1% Â ICICI Bank Q3 results Live updates: ICIC Bank reported its third quarter results on Saturday, January 25. A CNBC-TV18
