Latest Updates Around The World
Leading cement makers reported strong double-digit year-on-year growth in sales volumes in the December 2025 quarter, even as their realizations came under pressure.Businesses remain optimistic about further improvement in demand and prices in the coming months, aided by favorable inflation, supportive tax rationalization measures and healthy infrastructure-led growth. Industry leaders, including UltraTech, Ambuja Cements, Shree […]
Meesho’s consolidated net losses for the quarter ended December rose 13 times to Rs 491 crore, compared to a loss of Rs 37 crore in the year-ago period. The December-listed e-commerce company reported a 32% year-on-year increase in revenue in Q3FY26 to Rs 3,518 crore, compared to Rs 2,674 crore in the corresponding quarter of […]
Markets started the week on a positive note, advancing almost one percent, continuing Friday’s recovery. Looking ahead to the scheduled weekly expiration, analysts say Nifty may face resistance in the 26,200-26,300 zone, which coincides with the record high.However, the broader bias remains positive and participants may look for buying opportunities during dips towards the 25,950–26,050 […]
India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has sold nearly 2% stake in Adani Ports and Special Economic Zone (APSEZ) between November 2022 and December 2025, bringing its stake down to 7.34%, according to APSEZ’s filing with the stock exchanges on Friday.LIC had earlier held 9.35% stake in the APSEZ, which […]
Adani Group said it reported a strong first half for FY26, driven by record investments, higher operating profits and continued improvement in credit quality across its core infrastructure businesses.The portfolio added Rs 67,870 crore in gross assets during the first six months of the year, taking its total asset base to Rs 6.77 lakh crore. […]
MUMBAI: Cement manufacturer ACC has reported a five-fold increase second-quarter consolidated net profit from a year ago, helped by a tax recovery, and said it expects a revival in demand due to the VAT cut and improved economic sentiment. Consolidated net profit for the September quarter rose to Rs 1,119.26 crore, the Adani group company […]
