Man Infra Q4 profit falls 34% and revenue halves as construction, real estate business weakens

Man Infra Q4 profit falls 34% and revenue halves as construction, real estate business weakens

Man Infraconstruction Ltd reported a 34.4% year-on-year decline in fourth-quarter net profit at ₹50.5 crore, compared with ₹76.9 crore in the corresponding period last year. The company’s revenue from operations fell 50.5% to ₹145.5 crore from ₹293.8 crore a year ago. EBITDA declined 82.2% year-on-year to ₹18.9 crore versus ₹106.5 crore, while margin narrowed to…

Read More
Dow Jones, S&P, Nasdaq open higher on hopes of Iran de-escalation

Chip rally lifts Nasdaq futures, Dow slips in premarket as markets brace for PPI print

US stock futures traded mixed on Wednesday, but the tone tilted positive for tech as chip stocks staged a sharp premarket rebound, even as investors braced for fresh inflation data and tracked high-stakes geopolitical developments. Futures tied to the S&P 500 rose 0.2%, while Nasdaq-100 contracts jumped 0.7%, led by strength in semiconductor names. In…

Read More
Jio Financial to invest ₹4.95 crore for 50% stake in new Jio Allianz General Insurance JV

Jio Financial to invest ₹4.95 crore for 50% stake in new Jio Allianz General Insurance JV

Jio Financial Services Limited informed stock exchanges on May 12, 2026, that it has incorporated a joint venture company with Allianz Europe BV, named Jio Allianz General Insurance Limited. According to the exchange filing, the joint venture has been formed to carry on the business of general insurance, including health insurance in India, subject to…

Read More