Steel makers expect protectionist measures in Budget

Domestic steel makers said they are expecting protectionist measures in the upcoming Budget to safeguard the sector from dumping. Photograph: Babu/Reuters AMNS India CEO Dilip Oommen said he expects the government to continue its focus on infrastructure development while enhancing

Sensex surges 632 points on buying in IT stocks

Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Wednesday, buoyed by a rally in IT, capital goods and industrial stocks amid a firm trend in global markets. Photograph: PTI Photo from the Rediff Archives The

Auto revenue may hit high gear on rural push, launches

Overall, volume growth is likely to be in the range of 3-8 per cent for two-wheelers and 5-7 per cent for passenger vehicles owing to healthy demand from urban and rural areas and pending order books. Kindly note the images

Sensex plunges 824 pts to 7-month low as IT, oil, gas shares tank

Benchmark BSE Sensex tanked 824 points to settle at a fresh seven-month low on Monday following heavy selling in IT and oil & gas shares amid weak global trends. Photograph: Arko Datta/Reuters The 30-share BSE barometer plunged by 824.29 points

Top 5 Mutual Funds Deadlift Rs 11 Trillion

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

Most brokerages lift targets for UltraTech Cement

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

Sensex ends down 330 points dragged by realty, healthcare stocks

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

IndiGo Q3 profit falls 18% to Rs 2,449 cr on forex loss

The country’s largest airline IndiGo on Friday saw its profit after tax slide 18.3 per cent to Rs 2,448.8 crore in the three months ended December 2024 due to foreign exchange loss even as revenue jumped on higher capacity and

HDFC Bank Q3 a ‘strong’ quarter despite just 2% profit growth: Analysts

Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year (2024-25/FY25). Photograph: Shailesh Andrade/Reuters They believe the results were ‘strong’ given the tough

‘NCLAT Verdict Bittersweet For CCI, Meta’

‘Each side could consider challenging the NCLAT’s stay order before the Supreme Court.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy antonbe/Pixabay.com   The National Company Law Appellate Tribunal (NCLAT) on Thursday said that