Mumbai: reported a 30 percent year-on-year decline in consolidated net profit to Rs 81.48 crore for the quarter ended September 30, 2026 (Q2 FY27), compared with Rs 116.36 crore in the corresponding quarter last year. Despite the decline in profitability, revenue from operations increased 36.5 percent to Rs 1,057.84 crore from Rs 774.78 crore in … Read more
Mumbai: reported a 30.2 percent year-on-year rise in standalone net profit to Rs 5,536.10 crore for the quarter ended September 30, 2026 (Q2 FY27), compared with Rs 4,250.77 crore in the corresponding quarter of the previous financial year. Revenue from operations increased 22.9 percent to Rs 20,890.66 crore from Rs 17,002.86 crore in Q2 FY26, … Read more
Congress leader Charan Singh Sapra slammed the Maharashtra government over a firing incident on Tiger Shroff’s car, citing a ‘collapsed’ law and order situation. Mumbai Police formed 20 teams and apprehended three suspects from Kota. Congress leader Charan Singh Sapra on Monday criticised the Maharashtra government over the firing incident targeting Bollywood actor Tiger Shroff … Read more
A protest broke out in Imphal’s Khwairamband Ima market after militants killed two villagers. CM Khemchand Yumnam visited the injured and chaired a high-level security meeting to review the situation and strengthen security in vulnerable areas. Protest in Imphal, CM Reviews Security A protest erupted at Khwairamband Ima market in Imphal, Manipur, after two villagers … Read more
Strategy bought 267 Bitcoin over the past week, bringing its total Bitcoin holdings to around 848,517 BTC. An analyst said STRC’s return to its $100 par value could be important for Strategy’s ability to resume larger Bitcoin purchases through its ATM offering. Other crypto treasuries also announced new purchases of their underlying assets on Monday. … Read more
CEO Lourenco Goncalves said the company’s 2027 outlook had “improved materially,” citing signed customer contracts and prevailing steel price forecasts. The company reported adjusted EPS of $0.28, beating Fiscal AI’s estimate of $0.24. Cleveland-Cliffs forecast fourth-quarter adjusted EBITDA of approximately $715 million, up from $612 million in Q3. The steelmaker reported $3.2 billion in liquidity … Read more
Foreign investor outflows and rising global bond yields are likely to remain key headwinds for Indian markets, even as a recovery in corporate earnings is expected to drive equity returns in the near term, HSBC Mutual Fund said in its equity and debt market reviews. The fund house said Indian equities faced a broad-based correction … Read more
Global container freight rates have surged by a staggering 130% since February 2026, primarily due to escalating tensions in the Middle East. This sharp increase is raising significant concerns for India’s burgeoning export-import trade, which heavily relies on container shipping, according to a recent report by Jefferies. After a period of decline in early 2025, … Read more
Mumbai, Maharashtra: Indian stock markets witnessed a sharp downturn on Monday, with both the Sensex and Nifty closing significantly lower. The decline was primarily driven by a slump in private bank stocks, disappointing corporate earnings, and the continuous surge in global crude oil prices, which neared USD 109 per barrel. This confluence of factors dampened … Read more
HFCL Limited, a prominent technology firm specializing in optical fiber, telecom equipment, and defense products, has announced a remarkable financial performance for the second quarter of FY27. The company’s consolidated net profit surged over fivefold to ₹394.22 crore, a significant jump from ₹71.92 crore in the same period last year. This impressive growth is attributed … Read more