Hindalco net profit rises 21% to Rs 4,741 crore

Aditya Birla Group’s Hindalco Industries on Friday reported a 21.3 per cent year on year rise in its consolidated net profit to Rs 4,741 crore in the second qua­rter of 2025-26 (Q2FY26), driv­en by its Indian business and its US-based

Bajaj Auto posts highest ever quarterly revenue and PAT

Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Photograph: Rupak De Chowdhuri/Reuters Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2

Dragged by foreign fund outflows and weak global peers, Sensex ends in red

Benchmark indices Sensex and Nifty ended lower on Friday as relentless foreign fund outflows and weak trends in global markets hit investors’ sentiment. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex declined 94.73 points, or 0.11 per cent, to settle at

Forex reserves drop $5.62 bn to $689.73 bn

India’s forex reserves dropped $5.62 billion to $689.73 billion for the week ended October 31, the Reserve Bank of India said on Friday. Photograph: Dado Ruvic/Reuters The overall reserves had declined by $6.92 billion to $695.35 billion. For the week

Torrent Pharma profit up 30%, Gujarat Alkalies swings to profit

Q2 Results LIVE Updates: The September quarter earnings season is drawing to a close and the final trading day of the week will see more announcements from Nifty and broader market companies. Trent, Bajaj Auto, Hindalco are some names reporting

Pine Labs IPO receives 13% bids on first day; GMP falls sharply — Check details

Pine Labs IPO: Fintech firm Pine Labs’ initial public offering (IPO) kicked off on Friday, November 7, to raise ₹3,900 crore. The issue was off to a slow start, with only the employee portion getting fully subscribed on the first

Shiv Nadar Donates 7.4 Cr Every Day!

Shiv Nadar and family donated Rs 2,708 crore (Rs 27.08 billion) in 2024-2025. IMAGE: Shiv Nadar, Founder, HCL Technologies. Photograph: Kind courtesy wikipedia.org/Creative Commons   HCL Technologies Founder Shiv Nadar and family, through the Shiv Nadar Foundation, have retained their

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On July 26, 2023, the Mumbai-based diversified

PhysicsWallah sets IPO price band at Rs 103-109/share

Edtech unicorn PhysicsWallah on Thursday fixed a price band of Rs 103-109 per share for its upcoming initial public offering (IPO), aiming for a valuation of over Rs 31,500 crore at the upper end. IMAGE: Alakh Pandey dropped out of

LIC Q2 net profit surges 32% to Rs 10,053 crore

State-owned insurer LIC on Thursday reported a 32 per cent jump in net profit to Rs 10,053 crore for the second quarter ended September 30, aided by a lower commission outgo. Illustration: Dominic Xavier/Rediff The country’s biggest insurer had reported

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