UltraTech Cement Q4 Net Profit Jumps 10% to Rs 2,482 Crore; Declares Rs 77.5 Dividend
Strong Financial Performance in Q4FY25 UltraTech Cement, India's largest cement manufacturer, reported a 10% increase in consolidated net profit for the quarter ending March 31, 2024. The company’s net profit…
India Mulls Allowing Up to 26% Chinese Equity in Select Electronics JVs
Overview of Proposed Chinese Investment in Indian Electronics Sector India is considering allowing Chinese companies to acquire up to 26% equity in joint ventures (JVs) for critical electronic components. This…
India, France Sign Rs 63,000-Crore Rafale-M Jets Deal Amid Tensions with Pakistan
Overview of the India-France Rafale-M Deal In a significant move to strengthen India’s maritime capabilities, India has signed a Rs 63,000 crore defense deal with France for the purchase of…
Cabinet Set to Approve Rs 25,000-Crore Fund for Shipping Sector
Overview of the Maritime Development Fund (MDF) Proposal The Union Cabinet is expected to approve a Rs 25,000-crore Maritime Development Fund (MDF) soon, according to sources. This fund is designed…
Reliance Industries Shares Soar 4% on Q4 Profit Beat; Brokerages Remain Bullish
Strong Quarterly Performance Drives RIL Share Surge Reliance Industries Ltd. (RIL) saw a significant surge in its stock price following the release of its Q4 FY25 results, which exceeded analysts'…
India’s Market Resilience Seen After Past Indo-Pak Conflicts: Pahalgam Impact
Market Reaction to Pahalgam Attack Mirrors Historical Trends Following the terrorist attack on tourists at Pahalgam, the Indian stock market experienced initial weakness, with cautious sentiment prevailing among investors. However,…
Sensex, Nifty Near Day’s High as Reliance Rallies; SBI, Sun Pharma, Axis Bank Lead Gains
Major Indices Surge on Broad-Based Buying Across Sectors Indian equity benchmarks Sensex and Nifty traded close to their day's high on Monday, buoyed by gains in index heavyweights like Reliance…
Trade War Risks Remain Despite Focus on Global South: Rajiv Bajaj
Bajaj Auto’s Global Versatility Amid Challenges Rajiv Bajaj emphasized Bajaj Auto’s strength in adaptability, underlining that the company remains resilient across segments — electric vehicles (EVs), scooters, motorcycles, domestic markets,…
Defence Stocks Surge Amid India-Pakistan Border Tensions; Paras Defence, BEL Lead Gains
The Indian defence sector saw a strong rally on Monday, driven by escalating tensions between India and Pakistan following a terror attack in Jammu and Kashmir’s Pahalgam. The rising geopolitical…
F&O Radar: Deploy Iron Butterfly in Nifty to Benefit from Index Consolidation
The Nifty Index has recently seen some profit booking after reaching a high of 24,365 on Friday. This marked the peak before the index faced a pullback, dropping to a…