Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.
The 31 ultras killed in the February 9 encounter in Bijapur in Chhattisgarh included the mastermind of the January 6 IED blast in which eight security personnel and a civilian lost their lives and several other deadly attacks, a police official said. Among the 31 ultras killed in the encounter was Hunga Karma, who was secretary of the west Bastar division of the outlawed Communist Party of India (Maoist) and carried a reward of Rs 8 lakh on his head. He was the mastermind of the January 6 attack on security personnel. Karma also masterminded the 2006 Murkinar camp attack in which 11 police personnel were killed as well as the 2007 Ranibodli camp attack in which 55 security personnel were killed. Of the 31 killed ultras, 28, including 17 men and 11 women, have been identified and they carried a cumulative reward of Rs 1.10 crore on their heads. Out of the 81 Naxalites gunned down in the state so far this year, 65 were killed in the Bastar division, which comprises Bijapur and six other districts. So far this year, 77 firearms, including two AK-47 rifles, five Self Loading Rifles (SLR) and two INSAS rifles and three.303 rifles, have been recovered following separate encounters in Bastar region, the IG informed.
Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.
The Q2FY25 revenue for Coal India (CIL) was reported at Rs 30,700 crore (down 6 per cent year-on-year or Y-o-Y and 16 per cent sequentially). The blended average selling price was Rs 1,622/tonne (down 6 per cent Y-o-Y and 3 per cent quarter-on-quarter or Q-o-Q). Adjusted operating profit stood at Rs 7,200 crore (down 20 per cent Y-o-Y and 38 per cent Q-o-Q) due to lower-than-expected e-auction volumes and higher costs.
The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Overall, the industry's individual WRP grew 4.8 per cent year-on-year (Y-o-Y); LIC's individual WRP declined 13 per cent while private players saw 11.4 per cent growth.
Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp decline. The growth was largely driven by strong performance from private sector life insurers.
New Zealand clinched the tri-nation title by beating hosts Pakistan by five wickets in the final in Karachi on Friday to give them a major boost ahead of next week's Champions Trophy.
Hollywood's biggest night was high on glitz and glamour but lacked the edge and excitement of the movies it was celebrating, observes Sukanya Verma.
Varun-Natasha's anniversary... Soha goes to Japan... meet the lady who has Bobby's heart...
Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. According to General Insurance Council data, health insurance premiums grew by 10.44 per cent year-on-year (Y-o-Y) in the Apr-Jan period of FY25 in comparison with 20.79 per cent in the year-ago period. It was around 23.57 per cent in FY23, and 25.89 per cent in FY22.
Dr Reddy's Laboratories (DRL) share price plunged 6.66 per cent to Rs 1,203.50 per share on the NSE during Friday after analysts remained cautious on the company's Q3 performance and differed on its growth outlook. DRL's Q3 performance was viewed as subdued by some analysts when they adjusted it for one-time grants and incomes that the company received during the quarter.
New Zealand took charge on the second day of the third Test by dismissing England for 143 and making 136/3 at close of play for an overall lead of 340.
Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.
Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.
... catch up with Blinkit, Swiggy Instamart and Zepto...
Although a one-off tax provision negatively impacted the bottom line, HDFC Asset Management Company (HDFC AMC) posted an excellent operational performance in Q2FY25. The equity quarterly average assets under management (QAAUM) growth was 14.7 per cent quarter-on-quarter (Q-o-Q). And, equity AUM market share rose 50 basis points (bps) year-on-year (Y-o-Y) to 12.9 per cent.
The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.
Co-location attracts institutional investors, which drives volumes for long-dated options, with higher realisations at lower costs.
The stocks of diagnostic service providers have been standout performers within the healthcare sector over the past year, posting returns between 16 and 80 per cent. In comparison, the Nifty 50 saw returns of 8 per cent. Stable pricing, expectations of gradual volume growth, and market share expansion for the larger players have stoked increased optimism for listed companies.
Successful in keeping opponents and vitriol at bay so far, India will have to rise above traditional bugbear New Zealand and a rigmarole of emotions surrounding stalwarts Virat Kohli and Rohit Sharma to reclaim the Champions Trophy after 12 years in Dubai on Sunday.
Godrej Consumer Products Ltd (GCPL) reported a 2 per cent year-on-year (Y-o-Y) increase in consolidated revenue to Rs 3,670 crore. Organic revenue growth in constant currency was up 14 per cent Y-o-Y. Consolidated operating profit was up 5 per cent to Rs 760 crore, profit before tax grew 10 per cent Y-o-Y to Rs 710 crore, and adjusted net profit grew 12 per cent Y-o-Y to Rs 490 crore.
A confident New Zealand side will be eager to seal a semi-final spot when they take on Bangladesh, who will be fighting for survival, in their Champions Trophy Group A match in Rawalpindi on Monday.
Amid a massive ruckus after the suspension order, the Rajya Sabha was adjourned.
Customised restaurant recreations, cafe setups, pop-ups by Michelin-star chefs, bespoke table linens with monograms and couple-themed hashtags.
India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.
Mere Husband Ki Biwi collapses into an unremarkable My Best Friend's Wedding knock-off reducing a woman's worth to a catfight, observes Sukanya Verma.
The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.
Pacers Suraj Sindhu Jaiswal and Sumit Mohanta shared seven wickets to power Bengal to an innings and 13-run win over Punjab in their Elite Group C match of the Ranji Trophy.
Rohit can be seen working extensively on his batting, unleashing his signature shots including the trademark pull shots, the drives through the off-side and the straight lofted shots among others.
SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.
ABB reported a weak quarter. Revenue was at Rs 2,910 crore, up only 5 per cent year-on-year (Y-o-Y), with operating profit at Rs 540 crore, up 23 per cent and net profit at Rs 440 crore.
'Sunny sir keeps me distracted from my morning sickness.'
Seven-times World champion Lewis Hamilton appeared in Ferrari red for the first time outside of Italy as Formula One put on an unprecedented and spectacular 10-team season launch in front of 15,000 fans on Tuesday.
Among urban users, 57 per cent mentioned a preference for accessing Internet content in vernacular languages.
Who do you think should be part of India's playing XI against New Zealand in Sunday's final?
Lataji had once picked her favourites, albeit reluctantly, and told Subhash K Jha just why they were so close to her heart.
Jasprit Bumrah was the highlight of Coldplay's second concert in Ahmedabad on Sunday, January 26.
During the September quarter (Q2FY25), Hindustan Zinc's (HZL's) revenue was reported at Rs 8,300 crore (up 22 per cent year-on-year or Y-o-Y, and 2 per cent quarter-on-quarter or Q-o-Q), marginally above consensus. Operating profit stood at Rs 4,100 crore (up 31 per cent Y-o-Y and 5 per cent Q-o-Q), also a small beat. The operating profit margin was 50 per cent, up from 48.5 per cent in Q1FY25.
Goods and Services Tax (GST) collections in September, in gross terms, were at Rs 1.73 lakh crore, with a yearly jump of 6.5 per cent, according to data from finance ministry released on Tuesday. In September 2023, the total collection was to the tune of Rs 1.62 lakh crore. CGST, SGST, IGST, and cess all increased year-on-year in September, official data made available on Tuesday showed.
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