Moderate valuation, growth triggers augur well for Shriram Finance stock

Shriram Finance’s (SHFL’s) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25). Photograph: Kind courtesy Shriram Finance/Instagram The FY25 PAT (excluding exceptional gain) grew 15

Sensex climbs 295 points on sustained foreign fund inflows

Equity benchmark indices Sensex and Nifty closed higher on Monday, supported by sustained foreign fund inflows and a sharp correction in global crude oil prices. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark climbed 294.85 points or

Early-bird Q4 results reflect earning hiccups

Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. Illustration: Dominic Xavier/Rediff The combined net profit (adjusted for exceptional

Apple India shipments grew 25% in Q4, Vivo tops smartphone market

Apple’s iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday. Photograph: Francis Mascarenhas/Reuters Chinese smartphone company Vivo led the overall smartphone market in

Indian Hotels profit, revenue up 25%; CAMS declares ₹19 dividend

Q4 Results Live Updates: The fourth quarter earnings season is underway and as many as eight important names like Zee Media Corporation, Mahindra & Mahindra, Computer Age Management Services, Coforge, DCM Shriram, Prataap Snacks, Unicommerce Esolutions, Indian Hotels Company, and

Wall Street today: US stocks edge lower after new Trump tariffs rekindle trade war worries

Wall Street’s key stock indices opened lower on Monday after President Donald Trump rekindled worries about the ramifications of a global trade war by imposing new tariffs. At the opening bell, the Dow Jones Industrial Average fell 144.1 points, or

Automobile retail sales up 2.95% in April: FADA

Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on

NMDC posts record 15% rise in iron ore production in April

State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April. Photograph: David Gray/Reuters In a statement on Sunday, NMDC said it produced 4 million

Trade deal with India: US likely to seek tariff cuts, regulatory reforms

The US is expected to push for sweeping changes in India’s policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday.

Centralised KYC system in works, says Sebi

Markets regulator Sebi is actively working with the  Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. Illustration: Francis Mascarenhas/Reuters The Central KYC is an online