To enhance transparency and operational efficiency, Sebi on Friday directed Alternative Investment Funds (AIFs) to upload the latest net asset value (NAV) for each ISIN of AIF units in the depository system through their Registrars and Transfer Agents (RTAs).
BLS International has reported a net profit of Rs 170 crore for quarter three of this fiscal, up 33% year on year. The company reported revenues of Rs 736 crore, up 44% year on year.
Tata Motors Passenger Vehicles (TMPV) slipped to a consolidated net loss in the December quarter from a year-earlier profit, hit by the continued fallout of a cyberattack at its British luxury car unit Jaguar Land Rover and a challenging global demand environment.
The budget announcements on government initiatives in infrastructure development, skilling 10,000 tourist guides, creating a digital repository, and promoting archeological sites are welcome moves, but in the absence of adequate marketing and promotions, one may not see the appropriate tourism growth numbers, said Thomas Cook (India) CEO Mahesh Iyer in an interview with ET.
Jewellery retailer Kalyan Jewellers India on Friday reported a 90.36 per cent growth in consolidated net profit to Rs 416.29 crore.
State-run power NBFC Indian Renewable Energy Development Agency (IREDA) on Friday approved a Rs 2,994 crore fundraising plan via the qualified institutions placement (QIP) mode.
SBI is set to post steady Q3FY26 results with healthy loan growth and resilient net interest income, but sequential profit may dip as margins compress, provisions rise, and one-off gains are absent, keeping focus on asset quality and management commentary.
Anand Rathi Share and Stock Brokers on Friday informed the exchanges that its Internal Inquiry Committee has discovered a Rs 13 crore fraud. The brokerage said that the crime has been committed by certain unknown individuals in connivance with employees of group company Anand Rathi IT Private Limited.
Indian markets closed higher as buying in consumer and private banks offset losses in auto, IT and pharma. Stock-specific moves in BEML, LIC, Hitachi Energy and others drove action across the board.
NSE Q3 Results: Leading exchange NSE reported a 37% year-on-year (YoY) slump in its consolidated net profit at Rs 2,408 crore in the third quarter, while total income fell 9% YoY to Rs 4,395 crore.
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