‘Equities may not outperform every year, but if they do so seven times out of 10, it’s an asset class worth relying on.’ Illustration: Dominic Xavier/Rediff Though not among India’s top 15 asset managers, Canara Robeco Mutual Fund is focusing
Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Thursday reported a consolidated net profit of Rs 65 crore for the second quarter ended September. Photograph: Courtesy, Instagram The company, which re-branded itself as
India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU, Commerce and Industry Minister Piyush Goyal said. Illustration: Dominic Xavier/Rediff India
LTIMindtree Ltd on Thursday (October 16) has declared an interim dividend of ₹22 per equity share of face value₹1 each for the financial year 2025–26. The company said the dividend will be paid within 30 days of declaration to shareholders
Indian Overseas Bank (IOB) announced a record net profit for the quarter ending September 30, 2025, at ₹1,226 crore. The figure was higher by 57.79% year-over-year (YoY). The bank’s operating profit increased by 12.78% to ₹2,400 crore, driven by a
The ambitious proposal by the power ministry to allow network sharing between distribution licensees operating in the same geographical area will face three key challenges, said a former bureaucrat. Photograph: Mukesh Gupta/Reuters According to him, they include sharing of fixed
Axis Bank on Wednesday reported a 26 per cent decline in standalone net profit to Rs 5,089.64 crore annually for the quarter ended September 2025. Photograph: Anushree Fadnavis/Reuters The private sector lender posted a profit of Rs 6,917.57 crore for
India, the world’s third-largest oil consumer, spent 2.5 billion euro on buying crude oil from Russia in September, 14 per cent less than the previous month, a European think tank said. Illustration: Dado Ruvic/Reuters India remained the second-largest buyer of
The unemployment rate for those aged 15 and above increased marginally to 5.2 per cent in September, according to a government survey released on Wednesday. Illustration: Uttam Ghosh The unemployment rate (UR) was 5.1 per cent in August, 5.2 per
Q2 Results Live Updates: Earnings season for the September quarter is slowly but surely starting to pick up pace. Stocks like ICICI Lombard, Cyient DLM and Thyrocare Technologies, along with Tech Mahindra and Persistent Systems will be reacting to their
