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Des[ite pressure from the Donald Trump administration, Chinese apps continued to dominate download list in the United States last year. Here's how ByteDance's TikTok and CapCut, and fashion retailers Temu and Shein fared.
Kotak Mahindra Bank has announced a solid financial performance for the third quarter of fiscal year 2026. The private lender saw its standalone net profit climb 4% year-on-year to Rs 3,446 crore. This growth was supported by a 5% rise in net interest income, reaching Rs 7,565 crore, indicating a healthy expansion in its core lending operations.
Hitachi Energy India received a total tax demand of ₹26.07 crore for AY 2022-23, comprising ₹16.40 crore as income-tax and ₹9.67 crore as interest, related to alleged disallowances of interest on delayed receivables and group management fees. The company considers the demand unjustified and plans to file an appeal with the Income-tax Appellate Tribunal (ITAT).
UltraTech Cement reported a consolidated Q3 FY26 net profit of ₹1,729.4 crore, up 27% YoY, exceeding estimates, after accounting for a one-time exceptional expense of ₹88 crore under the new Labour Code. Revenue rose 23% to ₹21,830 crore, while EBITDA grew 35.2% to ₹3,915 crore, with margins improving to 17.94%. Consolidated cement sales volumes grew 15% YoY, with domestic grey cement markets up 29.4%. Capacity utilisation improved to 77%, and the company commissioned 1.8 mtpa of new cement capa
Ultratech Cement has announced strong financial results for the third quarter of FY26. The company's profit after tax saw a significant 32% year-on-year increase, reaching Rs 1,792 crore. Net sales also climbed by 22.5% year-on-year to Rs 21,506 crore. These figures exclude the impact of the New Labour Code.
Jensen Huang's annual Shanghai visit is likely to lead to a Beijing detour after Nvidia's H200 chips were met with a surprise customs block from Chinese authorities last week, as per a report. Here's what we know…
Silver has surged past $100 per ounce for the first time, driven by a confluence of factors including a weakening dollar, robust industrial demand for green technologies, and supply constraints. Analysts highlight its evolving role from a safe haven to a critical mineral, with expectations of continued strength amid global economic shifts and geopolitical uncertainties.
In the upcoming week, a host of companies have announced such actions, ranging from high-percentage interim dividends to rights issues at discounted prices. The following slides provide a detailed, day-wise summary based on StockEdge data.
Jio Financial Services has incorporated a wholly owned subsidiary, Jio Alternative Investment Manager Ltd, to act as the investment manager for a proposed Alternative Investment Fund, and will invest ₹1 crore as initial capital, with no related party involvement or regulatory approvals required.
For the week, the BSE Sensex declined by 2,032.65 points, or 2.43 per cent. The larger NSE Nifty also fell by 645.7 points, or 2.51 per cent.
United Breweries’ board has approved a Productivity and Cost Effectiveness Program aimed at improving operational efficiency and profitability amid regulatory pressure, high taxes and rising input costs. The programme includes business reorganisation, brewery network optimisation, portfolio rationalisation and cost controls across logistics, packaging and sourcing, and is expected to deliver sustained annualised savings of 3% to 6%, which the company plans to reinvest to drive long-term growth i
Goldman Sachs Group Inc. CEO David Solomon saw his biggest pay hike yet, as the investment banker's compensation for 2025 jumped by 21% to $47 million, according to reports. Here's all we know…
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