Zensar Technologies reported a steady set of Q4 numbers with modest revenue growth and higher profit, alongside a final dividend announcement and one-time accounting impact linked to new labour codes. The company’s net profit rose 5.4% quarter-on-quarter to ₹210.6 crore versus ₹199.8 crore in the previous quarter. Revenue increased 1.4% to ₹1,450.4 crore compared with…
Shares of Hindustan Zinc Ltd., promoted by Anil Agarwal owned Vedanta Ltd. fell over 2% on Friday, April 24, in response to their March quarter results, which were a miss on the margin front, but better across most other parameters. The company reported a net profit of ₹5,033 crore for the March quarter, which is…
IndusInd Bank reported a stronger than expected March quarter performance, supported by robust income growth and improving asset quality. For the quarter, net profit stood at ₹594.2 crore, beating the CNBC-TV18 poll estimate of ₹420.4 crore and marking a sharp recovery from a loss of ₹2,329 crore in the year-ago period. Net interest income (NII)…
Shares of Onesource Specialty Pharma and Shaily Engineering Plastics saw heightened investor interest in Friday’s trade, driven by renewed optimism around the fast-growing global GLP-1 drug ecosystem, particularly semaglutide-based therapies and India’s emerging role in the supply chain for injectable drugs and delivery devices. Onesource Specialty Pharma: Betting on semaglutide scale-up and Canada opportunity Onesource…
The Securities and Exchange Board of India (SEBI) has amended its earlier circular to permit net settlement of funds for outright transactions undertaken by Foreign Portfolio Investors (FPIs) in the cash market. The regulator on Friday, April 24, clarified that “outright transactions” refer to either a purchase or a sale transaction in a security during…
Supreme Power Equipment Limited has secured domestic orders worth ₹128 crore from Hyderabad-based companies, strengthening its order pipeline and near-term revenue visibility. The company bagged four orders during April 2026. Two orders secured on April 22 include ₹51.30 crore for the supply of 20MVA, 110/33–11 kV power transformers and ₹23.30 crore for a 160MVA, 220…
IndusInd Bank Chief Compliance Officer Sachin Patange has stepped down, with his last working day set for April 29, 2026, the bank said in an exchange filing on Friday. “Sachin Patange will cease to hold the position of Chief Compliance Officer and Senior Management Personnel of the Bank with effect from the close of business…
Reliance Industries Limited has recommended a dividend of ₹6 per equity share of ₹10 for the financial year ended March 31, 2026, signalling steady shareholder returns even as the oil-to-telecom major continues to invest across businesses. In a regulatory filing on Friday, the company said its board has “recommended a dividend of ₹6.00 per equity…
Reliance Industries Limited reported a 12.4% year-on-year rise in oil-to-chemicals (O2C) revenue for the March quarter, driven by a sharp increase in crude oil prices, up about 12% YoY, and higher volumes in domestic fuel retail, even as margins faced some pressure amid a challenging global environment. O2C segment revenue rose to ₹1.85 lakh crore…
The US Department of Justice has dropped a criminal investigation into the Federal Reserve and its chair, Jerome Powell, over a renovation project at the central bank’s Washington headquarters. The move comes even as scrutiny around the project’s ballooning costs continues. “This morning the Inspector General for the Federal Reserve has been asked to scrutinise…
