Latest Updates Around The World
IndiaMart InterMesh reported a 56% increase in its consolidated net profit in the December quarter at Rs 188 crore, compared to Rs 121 crore in the same period a year ago. The company reported 13% growth in consolidated revenue from operations at Rs 402 crore, compared to Rs 354 crore in the corresponding quarter last […]
ITC Hotels reported a 77% jump in consolidated net profit to Rs 235 crore for the quarter ended December 31, 2025 on Tuesday, compared to Rs 133 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the parent company. The company’s operating revenue rose 47% to Rs 1,231 […]
Rajiv Jain-backed GQG Partners on Tuesday sold over 1.52 crore shares in JSW Energy through a block deal. The deal was worth nearly Rs 677 crore and the shares were sold at a price of Rs 444 each, which was a 2% discount from Monday’s closing price of Rs 453.60.GQG Partners owned over 3.12 crore […]
SME SAR Televenture has raised Rs 208.46 crore through the issuance of over 1 crore warrants from a group of investors including Madhusudan Kela-backed fund, Choice Strategic Advisors and the promoter group.The warrants were issued at a price of Rs 207 each and Kela’s Founder Collective Fund bought Rs 25 crore worth of warrants. Choice […]
HCL Capital Private Limited emerged as the largest acquirer of British American Tobacco’s (BAT) stake in ITC Hotels. The NBFC company associated with Shiv Nadar’s HCL Group on Friday bought 14.58 crore shares worth Rs 2,998 crore through a block deal. In separate block deals, major investors Nippon India Mutual Fund, Societe Generale, Morgan Stanley, […]
British American Tobacco plc (BAT) plans to sell a 7%-15.3% stake in ITC Hotels through a block deal, the company said in a media statement on Thursday.BAT has announced that its wholly owned subsidiaries, Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited and Rothmans International Enterprises Limited, intend to sell the issued ordinary share capital […]
Mid-market IT services company Coforge on Friday reported 86% year-on-year growth in its net profit for the quarter ended September at Rs 376 crore, compared to Rs 202 crore in the year-ago period. The profit after tax (PAT) was attributable to the owners of the company. The company’s operating revenue in the July-September quarter stood […]
The hotel sector warms up in FY26, with shares that rise to 50%. This wave is powered by consistent growth, a thriving demand and growing excitement around the upcoming GST Council meeting (GST 2.0), where expected tax reductions and simpler rules can give industry an extra boost. Reduced GST on hotel services could lower the […]
ITC hotels shares fluctuated on Thursday after an increase of 3 percent in early trade. This followed an increase of 53.4 percent yoj in his consolidated net profit to £ 133.71 crore for the first quarter this tax and an increase in sales of 15.5 percent. Brokers have maintained a positive position compared to ITC […]
