Latest Updates Around The World
Drug giant Sun Pharmaceutical Industries on Wednesday reported a net profit after tax of Rs 3,117.95 crore for the second quarter of FY26, a growth of 2.6% year-on-year compared to a profit of Rs 3,040.16 crore in the year-ago period.The company said operating revenue for the second quarter ended September 2025 stood at Rs 14,405.22 […]
Mahindra & Mahindra (M&M) shares could rise as much as 22%, according to global brokers who turned increasingly bullish following the automaker’s September quarter results. Nomura and Nuvama both reiterated their ‘Buy’ ratings on the stock, citing robust demand for SUVs, strong growth in farm equipment and expanding profit margins as key drivers for the […]
European shares hit a two-week low on Wednesday as higher stock valuations continued to make global investors nervous, while Novo Nordisk slumped after the drugmaker made a gloomy forecast. The pan-European STOXX 600 index fell 0.4% to 568.10 as of 0811 GMT, trading at levels last seen on October 17 for a second straight session. […]
Warren Buffett is ending his legendary run at Berkshire Hathaway just as he spent the last three years, selling more shares than he’s buying, piling up record cash and waiting for better bargains. With just two months to go before he hands over the CEO reins to Greg Abel, the 95-year-old investor has cemented his […]
Chalet Hotels has reported revenue from operations of Rs 735 crore for the second quarter of FY2026, up from Rs 377 crore in the corresponding period of the previous fiscal. The chain reported a consolidated net profit of Rs 154 crore for the quarter ended September, compared to a loss of Rs 138 crore in […]
Lenskart Solutions completed its IPO worth Rs 7,278 crore on November 4, attracting strong interest from investors. The eyewear group received bids for 281.9 crore shares against 9.97 crore shares on offer, amounting to a subscription of 28.2 crore. The allotment basis will be finalized on November 6 and investors can check their allotment status […]
Life Insurance Corporation of India (LIC) will announce its September quarter results on Thursday, with the country’s largest life insurer expected to report a 10% year-on-year decline in its Annual Premium Equivalent (APE) – a key sales metric. The range is pegged at Rs 14,840 crore to Rs 16,380 crore as per four brokerage estimates. […]
India’s top 10 dividend-paying stocks have failed to meet investors’ return expectations, underperforming not only the benchmark returns of the BSE Sensex and Nifty, but also the sector. Half of these counters are down double digits, down as much as 28% over a one-year period.At 7.5%, MSTC tops the list when it comes to dividend […]
After coming within touching distance of a fresh record, the Nifty is down over 2% from its peak as uncertainty over the India-US trade deal, fading hopes of a US Federal Reserve rate cut in December and periodic FII selling have dampened investor sentiment. However, analysts believe the ongoing pullback is a healthy consolidation within […]
ChrysCapital has raised the largest-ever private equity fund from a domestic PE firm after raising $2.2 billion for ChrysCapital X, the company said. This represents a jump of more than 60% compared to Fund IX’s $1.35 billion in 2022.Another private equity firm, Kedaara Capital, had last year raised India’s largest PE fund with a corpus […]
