Friday, November 22, 2024

Category: Business

Food delivery company Zomato's profit jumps 388%: Rs. 36 crores to Rs. 176 crore, revenue up 68% in the July-September quarter

Food delivery company Zomato's profit rose 388% year-on-year to Rs 176 crore in the July-September quarter. In the same quarter a year ago, the company's consolidated net profit was Rs. was...

Adani Green Q2 profit up 71%: Revenue up 131% to ₹468 crore, stock returns 91% in one year

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​In the second quarter of the financial year 2024-25, Adani Green Energy, a company of the Adani Group, made Rs. 180 crore net profit has been made. There has been an...

Ambuja Cement to buy 46.8% stake in Orient Cement: Rs 8,100-crore deal, company to make open offer for 26% stake

​​​​​​​​Adani Group's Ambuja Cements Limited announced today (October 22) that it will invest in Orient Cement Limited (OCL) for Rs. 8,100 crore to buy 46.8% stake. The deal involved OCL's promoters...

Gold touched a record high of ₹ 78,232: So far this year it has gained ₹ 14,880, while silver also touched ₹ 97,254 a...

Gold and silver hit all-time highs today, October 22. According to India Bullion and Jewelers Association (IBJA) data, the price of 10 grams of 24 carat gold rose by Rs 18...

Paytm Q2 Results: Paytm posts net profit of ₹930 crore in Q2 FY25, shares fall over 4%

Listed companies are announcing FY25 Q2 results. Paytm's parent company One97 Communication reported a net profit of ₹930 crore in the second quarter of FY 2024-25, compared to a loss of...

Hyundai shares fall 1.5% to ₹1931 List: Issue price was ₹1960, total subscribed 2.37 times Country's largest IPO

Shares of Korean carmaker Hyundai Motor India are listed at ₹1931, 1.5% below the issue price on the Bombay Stock Exchange (BSE). The stock was listed at ₹1934 on the National...

Sensex jumps over 100 points: Trade, IT and FMCG shares rise at 81,300

Today i.e. on 22nd October, the stock market is seeing a surge. The Sensex is trading at 81,300, up over 100 points. At the same time the Nifty is seeing a...

Markets disappointed by impact of corporate results: Stock market 'sell', foreign investors' $10 billion sell-off continues

Discount offers are running in the Indian stock market during the festive season. Foreign investors sold a record $10 billion during the first two weeks of October, sending the market into...

Bhaskar Analysis: Natural diamond prices fall 40% in two years, but trend will change, exports up 14% amid supply slump

Demand for diamonds in America-Europe will pick up before Christmas, likely to increase pricesNatural diamond prices have fallen 40% in the past two years due to the Ukraine-Russia war. But now...

Global economy resilient: Private investment picking up despite global geo-tension: RBI

The country's growth outlook is driven by a strong domestic engine and private investment is also picking up despite geopolitical tensions globally, the RBI said in its October bulletin. The global...

INVESTMENT POINTS – Volatility seen in stock markets on Monday: Nifty futures to remain bullish at 24808 points

Volatility was seen in the stock market on Monday. The first day of the week saw a decline due to more selling pressure in the stock market. Global markets were softening...

Ultratech Cement profit falls 36% to ₹820 crore: Q2 revenue down 2.3% to ₹15,634 crore, shares up 30% in last one year

Aditya Birla Group-owned cement major UltraTech reported a 36% year-on-year (YoY) decline in consolidated profit for the second quarter of fiscal 2024-25 at ₹820 crore. The company posted a profit of...

Kotak Mahindra Bank shares fall 5% after results: Bank's profit at ₹3,344 crore in July-September quarter, interest income up 11%

Shares of private sector lender Kotak Mahindra Bank fell 4.73% today i.e. Monday, October 21, following July-September quarterly results. After the day's business, the company's share was Rs. 88 down to...

Prabhakar Raghavan becomes Google's new CTO: He had the blueprint for a Google-like company before Larry Page, an annual package of ₹300 crore

Google is moving fast in the field of AI and restructuring the team. Raghavan's appointment is part of this exercise. (File Photo)Google has made a big change in leadership. Prabhakar Raghavan...

Adar Poonawalla to buy 50% stake in Dharma Productions: Rs 1,000 crore deal, Karan Johar to be acting chairman

Adar Poonawala's Serene Productions will buy 50% stake in Karan Johar's Dharma Productions and Dharmatik Entertainment. This deal will be done for 1,000 crore rupees. Today i.e. Monday (October 21) the...
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