Wipro Q1 Profit Up 11% to Rs.3,330 Cr, Beats Forecasts; Declares Rs.5 Dividend
Strong deal momentum and cost discipline support earnings beat, but stock slips amid muted revenue guidance Wipro Ltd on July 17 reported a robust 11% year-on-year rise in consolidated net…
Adani Enterprises Exits AWL Agri with Rs. 7,150 Cr Deal; Wilmar Now Holds 65% Stake
Exit completes Adani’s JV departure as Wilmar becomes majority shareholder; AWL Agri rallies over 5% on deal clarity and record revenue Adani Enterprises on July 17 announced the completion of…
Promoters, Staff Sell Rs. 483 Cr Stake in 360 ONE WAM Following UBS Deal Rally
Profit-booking follows 26% stock rally since April after UBS India wealth arm acquisition; insiders cash in as valuation peaks 360 ONE WAM shares have come under pressure as promoters and…
Q1 Results 2025: Wipro, Axis Bank, Jio Financial Lead Earnings Rush Today
The earnings season is in full swing as 37 listed companies are set to declare their financial results for Q1 FY26 today (April–June 2025 quarter). The market is closely watching…
India’s iPhone Exports Jump 53% in H1 2025, US Drives Record Growth
Apple’s H1 export volumes from India hit all-time high; US now accounts for 78% of iPhones shipped from India, up from 53% last year India's iPhone exports surged 53% year-on-year…
Tax Relief May Spur Urban Consumption, But Wage Growth Remains Key
Income tax cuts and lower inflation could revive short-term demand, but economists stress structural job and wage concerns remain critical for a sustained recovery India's urban consumption, which has been…
SEBI Clears 4 Passive Funds from Jio BlackRock as New Entrants Flood Mutual Fund Space
Jio BlackRock Mutual Fund secures SEBI approval for four new passive schemes, intensifying competition in the index fund space. Jio BlackRock Mutual Fund on July 15 received regulatory approval from…
SEBI Member Flags Short-Term F&O Surge, Hints at Longer Tenure Contracts
SEBI may soon consider extending the tenure of Futures and Options (F&O) contracts to improve the quality of India’s derivatives market. This comes after concerns were raised over the massive…
Tax Breaks Could Spur Urban Consumption, But Wage Growth Remains Crucial
India’s urban consumption has slowed down since FY24, primarily due to stagnant wages and tightened lending conditions. However, experts suggest that recent income tax cuts, falling inflation, and potential GST…
Zepto Founders Lead the Pack in Avendus–Hurun India’s Under-30 List
India's startup ecosystem just got a fresh dose of young energy as Zepto’s 22-year-old co-founders, Kaivalya Vohra and Aadit Palicha, top the prestigious Avendus Wealth Hurun India Uth Series 2025…
