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Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…

Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…

Rupee At Fresh Record Low: Breaches 96 mark against US Dollar, falls nearly 7% so far this year Source link

Shares of SJVN Ltd., the state-run company, recovered from the lows of the day to trade with gains, after it reported its March quarter results on Friday, May 15. The company reported a net loss of ₹117.8 crore, compared to a net loss of ₹127.7 crore during the same quarter last year. Revenue for the…

NBFC Stock: Muthoot Finance delivered a strong quarterly performance in Q4FY26, with gold loans continuing to be the primary engine of growth, driving both earnings and balance sheet expansion. The company reported a sharp rise in gold loan assets under management (AUM), which jumped nearly 54 per cent year-on-year to Rs 1.54 lakh crore. The…

Shares of Thangamayil Jewellery Ltd. were volatile on Friday, May 15, after they reported their results for the fourth quarter. The stock gained up to 7% post results and was trading in the red soon after. The company reported a positive set of earnings across all parameters. Its net profit increased to ₹143 crore from…

Mobility platform Rapido has raised $240 million in a primary funding round led by Prosus, with participation from existing and new investors including WestBridge Capital and Accel, the company said on May 15. The transaction, which includes both primary and secondary components, takes the total capital raised by the company to about $730 million. The…

Companies are also being forced to adopt a mix of strategies beyond outright price hikes. Britannia, for instance, has indicated calibrated increases through a combination of price revisions and grammage reductions. The company has also flagged pricing pressure from regional competitors offering lower-priced packs, especially in rural and wholesale channels, which continue to remain sensitive…

Three companies — Tenneco Clean Air India Ltd., Physicswallah Ltd., and Aadhar Housing Finance Ltd., will see their respective shareholder lock-in period end on on Monday, May 18. As of Thursday’s closing price, the value of those shares if worth nearly ₹21,000 crore. It is important to note that these shares will only become eligible…

India’s stock market has trailed every most Asian peers since the West Asia conflict began, prompting many global investors to turn cautious. But Matt Orton, Chief Market Strategist at Raymond James Investment Management, says that reaction may be missing the point. “A lot of the impact of India on higher-for-longer oil prices is largely baked…