Hyundai Q1 Results: Net Profit Drops 8% as Domestic Sales Slide
Hyundai Motor India reported an 8.08% year-on-year (YoY) decline in its consolidated net profit for Q1 FY26, impacted by sluggish domestic market performance. The company’s net profit fell to ₹1,369.23…
Pakistan Requested Indian DGMO to End Hostilities: Jaishankar in Parliament
On Day 2 of the 2025 Parliament Monsoon Session, External Affairs Minister S. Jaishankar informed the House that Pakistan’s military leadership requested India’s Director General of Military Operations (DGMOPakistan Requested…
Schneider Electric Buys Out Temasek in India JV for €5.5 Billion
Schneider Electric, one of France’s largest industrial companies, has acquired Temasek Holdings’ remaining stake in their joint venture in India for €5.5 billion, gaining full ownership of Schneider Electric India…
Rupee Falls to 4-Month Low on Trump’s Tariff Remarks, RBI Seen Limiting Losses
The Indian rupee weakened sharply on July 30, slipping to 87.24 per US dollar—its lowest level since March 13, 2025—amid renewed trade tensions following remarks from former US President Donald…
Indian Smartphone Market Sees 18% Growth in Q2; Apple Tops Shipments
India’s smartphone market saw a strong recovery in the April–June 2024 quarter, growing 18% in value and 8% in volume year-on-year, according to Counterpoint Research. This marks the best-ever second…
Jane Street Requests Extension to Respond to SEBI Interim Order
US-based trading firm Jane Street Group LLC has sought an additional six weeks to respond to an interim order from the Securities and Exchange Board of India (SEBI), issued on…
NSDL IPO Subscribed 38% on Day 1; Retail Investors Lead with 51%
The Initial Public Offering (IPO) of National Securities Depository Limited (NSDL) opened for subscription on July 30 and saw a moderate response on Day 1. According to data from the…
UNSC Report Links TRF to April 22 Pahalgam Attack, Mentions LeT’s Role
In a significant development, the United Nations Security Council’s (UNSC) sanctions monitoring team has highlighted the role of The Resistance Front (TRF) in the April 22 terror attack in Pahalgam,…
GNG Electronics Shares List with Solid 50% Premium on NSE
GNG Electronics made a stellar debut on July 30, listing at Rs 355 per share on NSE—nearly 50% higher than its issue price of Rs 237. This impressive listing premium…
Lenskart Files for IPO: Fresh Issue of ₹2,150 Cr, 13.2 Cr Shares in OFS
Eyewear retail brand Lenskart has filed its draft red herring prospectus (DRHP) with SEBI to launch its initial public offering (IPO). The offering includes a fresh issue of ₹2,150 crore…