Category: Business

Tech-heavy Nasdaq composite index ticked lower at open after major selloff in IT stocks on Wednesday. On the other hand, the S&P 500 and Dow Jones Industrial Average opened higher.  The selloff was triggered after Anthropic PBC launched its new enterprise AI automation tool that sparked fears it could eat into the core businesses of…

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Hindustan Aeronautics Ltd. has issued a clarification regarding media reports claiming restructuring of the Advanced Medium Combat Aircraft programme. The defense PSU has not received any official communication in this regard and will, therefore, not comment on the reports, according to an exchange filing on Wednesday.  The AMCA is a key programme for India’s indigenous defence manufacturing…

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Apollo Tyres’ profit rose 39.5% to Rs 471 crore in the third quarter of this financial year. This is in comparison to profit of Rs 337 crore in the same quarter of the last fiscal, according to its stock exchange notification on Wednesday. Revenue advanced by 11.8% year-on-year for the three months ended December, reaching…

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Metropolis Healthcare also issued the bonus equity shares of the ratio 3:1. Photo Source: Envato Metropolis Healthcare Ltd. reported a 32 % year-on-year rise in the standalone net profit to Rs 41.4 crore in Q3FY26 from Rs 31.4 crore, as per an exchange filing from the company on Wednesday. Revenue was at Rs 406 crore…

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Caste enumeration will be done in the second phase of the census and questions, including those on caste, will be finalised and notified before the commencement of the phase called Population Enumeration (PE), the government informed Parliament on Wednesday. In a written response to a query in the Rajya Sabha, Minister of State for Home…

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Tata Power Co.’s net profit for the third quarter of FY26 declined 25% year-on-year, as per an exchange filing on Wednesday.  The Tata Group company registered a consolidated net profit at Rs 772 crore, compared to Rs 1,031 crore in the year-ago period.  Revenue fell over 9% to Rs 13,948 crore from Rs 15,391 crore. Earnings…

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For Indian first-time potential homebuyers, it could be tricky to understand if they should take a long-term loan or stick to renting. Both options have their own perks. While a home loan offers the comfort of ownership and long-term asset creation, it also brings the burden of high EMIs and reduced financial flexibility. This can…

Read More “Should You Buy or Rent? The Rs 70,000 EMI vs Rs 40,000 Housing Math Explained” »