Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two decades as investor concern over accelerating inflation fueled a selloff in global debt markets. The 30-year rate increased six basis points to 5.18% on Tuesday, a level last seen on the brink of the global financial crisis in 2007, rising…
Zerodha founder and CEO Nithin Kamath has cautioned that the sharp rise in margin trading facility (MTF) exposure across brokerages could pose a significant risk to India’s stock market ecosystem in the event of a market correction. In a post on X, the Zerodha co-founder noted that MTF books are expanding rapidly despite Indian equities…
Dredging Corporation of India Ltd reported a sharp turnaround in fourth-quarter earnings, aided by strong revenue growth and improved operating performance. The company posted a net profit of ₹87 crore for the quarter ended March 31, compared with a loss of ₹25 crore in the corresponding period last year, according to an exchange filing. Revenue…
C.E. Info Systems Ltd (MapmyIndia) reported a marginal rise in consolidated net profit for the fourth quarter ended March 2026, even as revenue growth remained subdued on a year-on-year basis. The company posted a net profit after tax of ₹50.93 crore in Q4 FY26, compared with ₹49.02 crore in the corresponding quarter last year, marking…
Sensex Prediction for Wednesday, May 20: The BSE Sensex is bracing for a highly volatile and indecisive trading session on Wednesday, May 20. Sensex Prediction for Wednesday, May 20: The BSE Sensex is bracing for a highly volatile and indecisive trading session on Wednesday, May 20. This comes after the equity benchmark indices ended marginally…
Orkla India reported a 107% year-on-year rise in net profit for the fourth quarter, with profit after tax rising to ₹73 crore from ₹35.2 crore in the corresponding quarter last year. The company’s revenue from operations grew 5% year-on-year to ₹626 crore in Q4 FY26, compared with ₹596 crore in the year-ago period. EBITDA for…
Mankind Pharma reported a strong set of fourth-quarter earnings, supported by robust domestic growth, expanding chronic therapy contribution and improved operating margins. Revenue for the March quarter rose 11.8% year-on-year to ₹3,443 crore from ₹3,079.4 crore. EBITDA jumped 36.1% to ₹930 crore from ₹683 crore, while EBITDA margin expanded sharply to 27% from 22.2% a…
Borosil said on Tuesday, May 19 that it has reported a 5% year-on-year decline in net profit to ₹10.6 crore for the fourth quarter, compared with ₹11.1 crore in the corresponding period last year. The company’s revenue rose 5.2% to ₹284.1 crore from ₹270.2 crore a year ago. As per exchange fillings, Earnings Before Interest,…
Tata Consultancy Services crossed the ₹1 lakh crore net worth milestone in FY26 despite massive dividend payouts and buybacks, highlighting the financial strength and cash-generating ability of India’s largest software exporter. By Yoosef K May 19, 2026, 9:01:51 PM IST (Published) Software giant Tata Consultancy Services, known for distributing a large share of its profits…
ITC Hotels has acquired Zuri Hotels and Resorts for up to ₹175 crore, strengthening its luxury portfolio and expanding presence in premium leisure destinations. 2 Min Read ITC Hotels said on Tuesday, May 19 that it has acquired 100% shareholding in Zuri Hotels and Resorts Private Limited for a consideration of up to ₹175 crore….
