India's electric vehicle (EV) market is abuzz with anticipation as Ather Energy, a trailblazer in the two-wheeler EV segment, prepares for a groundbreaking initial public offering (IPO). This bold move highlights not only the company's aspirations bu

Asian stocks surged on Friday, bolstered by strong US jobs and spending data that alleviated recession fears, sparking a rally in equities and driving down bond prices. Japan’s equity benchmarks rose by up to 2.4%, with shares in Australia and S

On August 16, benchmark indices Nifty and Sensex experienced significant gains, spurred by optimism regarding a potential interest rate cut by the US Federal Reserve in the coming month. This sentiment was fueled by stronger-than-expected US inflatio

Ola Electric Mobility reported a net loss of ₹347 crore for the quarter ending June 30, 2024, reflecting a year-on-year increase of approximately 30%. Ola Electric's consolidated revenue from operations grew by 32%, reaching ₹1,644 crore compared

Mazagon Dock Shipbuilders announced a substantial 121% year-on-year (YoY) growth in profit after tax (PAT), reaching ₹696 crore for the quarter ending in June 2024. During the same period, revenue from operations rose to ₹2,357 crore, an 8.5% inc

On August 14, Hindustan Aeronautics Ltd (HAL) reported a 77% year-on-year increase in net profit for the first quarter of FY25, reaching ₹1,437 crore, up from ₹814 crore during the same period last year. The company's revenue from operations for

Cricket icon Sachin Tendulkar, alongside Harsh Mariwala, Ranjan Pai, and Kanwaljit Singh, achieved profitability on their investments in FirstCry following the company's strong stock market debut on August 12, at ₹651 per share. These prominent inv

Sugar stocks experienced a surge of up to 5% after reports emerged that the government is contemplating a proposal to raise ethanol prices for the 2024-25 season. This initiative also includes promoting the diversification of feedstocks to achieve th

Hero MotoCorp reported a 36% increase in its standalone net profit for Q1 FY25, reaching ₹1,122.63 crore, up from ₹824.72 crore in the corresponding quarter of the previous year. The company's revenue from operations for the quarter stood at ₹1

Vodafone Idea (Vi) posted a net loss of ₹6,432 crore for the first quarter (Q1) of the 2024-25 fiscal year (FY25). Compared to the previous quarter, the company's net loss decreased by 16.1%. Interest and finance costs fell to ₹5,262 crore in Q1,

Shares of Dhariwalcorp went public on the NSE SME platform at a premium of 41.5%, rising from the issue price of ₹ 106 to ₹ 150. Much to the delight of investors, the IPO was 100 x oversubscribed. The company deals in industrial chemicals & w

On Monday, the Securities and Exchange Board of India (SEBI) announced that mutual funds must value additional tier-1 (AT-1) bonds they hold using the 'yield to call' methodology. This directive aligns with recommendations from the National Financial