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
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
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
Benchmark indices Sensex and Nifty closed lower in a highly volatile trade on Thursday amid relentless foreign fund outflows and selling in blue-chip ICICI Bank. Photograph: Danish Siddiqui/Reuters Falling for the second day in a row, the 30-share BSE Sensex
‘Repeated adjournments are one of the largest contributors to lengthy litigation cycles.’ Kindly note this illustration generated using Microsoft Copilot is only posted for representational purposes. When the Karnataka high court disposed of a tax case against Texas Instruments
The July–September quarter (Q2) performance of consumer electricals and durables major Havells India in 2025-26 (FY26) was broadly in line with Street estimates. Photograph: Kind courtesy, Havells While the top line was supported by robust growth in the wire and
Stock market sentiment is likely to remain optimistic going ahead, though some consolidation cannot be ruled out after the recent sharp rally in the benchmarks, analysts said. Photograph: Francis Mascarenhas/Reuters According to experts, the Nifty and Sensex could indeed move
Sun Pharmaceutical Industries on Wednesday posted a 2.56 per cent increase in its consolidated net profit to Rs 3,118 crore for the second quarter ended September 30, aided by robust sales in India and emerging markets. Photograph: Francis Mascarenhas/Reuters The
‘India needs at least 70,000 to 80,000 eyewear stores; our 2,000 stores are just a drop in the ocean.’ Photograph: Kind courtesy Lenskart/Facebook Ahead of its debut on the Bombay Stock Exchange on Monday, November 10, 2025, eyewear company Lenskart’s
Mahindra & Mahindra on Tuesday posted a 28 per cent year-on-year increase in its consolidated profit after tax to Rs 3,673 crore for the second quarter ended September 30, 2025, driven by robust performance of the farm sector, while also
