The January-March quarter (Q4) results for 2024-25 (FY25) from the country's largest passenger vehicle (PV) maker, Maruti Suzuki India (MSIL), were a mixed bag, with revenues broadly in line but operating profit missing Street expectations. Given cost pressures, margins at the operating level were the lowest in the past seven quarters.
Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India's largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. The company has guided for a high single-digit revenue growth for FY26, which is below what the Street was working with.
The Indian government briefed an all-party meeting on Thursday on the success of "Operation Sindoor", the retaliatory airstrikes against Pakistan following the Pahalgam terror attack. Top government functionaries and opposition leaders met for a second time in a fortnight amid rising tensions between India and Pakistan. The meeting was chaired by Union Home Minister Rajnath Singh and attended by several prominent leaders from various political parties. The government highlighted the strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base Muridke.
Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.
rediffGURU T S Khurana answers readers' personal income tax queries.
'When you have the best market at your doorstep, international diversification is a distraction.'
Tharoor said that though India's case might not be at the top of the agenda for the US media, India can get its message across easily.
The department of homeland security withdrew Harvard certification under the Student and Exchange Visitor Programme, effectively barring the university from admitting new foreign students and threatened the legal status of current international enrollees.
A lawyer was hacked to death by an assailant in broad daylight in the district headquarters town of Kalaburgi in Karnataka, when he was about to leave for court on Thursday, the police said.
Hosts England dominated the proceedings to take control at the end of Day 1 over visitors Ireland at Lord's.
Tata Motors, State Bank of India, UltraTech Cement, Tata Consultancy Services, Tata Steel and Asian Paints were among the other laggards from the 30-share pack. Maruti, Bharti Airtel, Power Grid, Hindustan Unilever and HDFC Bank were among the gainers.
The Supreme Court of India has ruled that maternity leave is a fundamental right and cannot be denied to a woman based on the number of children she has from previous relationships. The court overturned a Madras High Court decision that had denied maternity leave to a Tamil Nadu government school teacher who had two children from a previous marriage. The Supreme Court emphasized the importance of reproductive rights, including maternity benefits, as part of international human rights law. The court also highlighted the right to life under Article 21 of the Indian Constitution, which includes the right to health, dignity, and reproductive choice. The decision has significant implications for women's rights and reproductive healthcare in India.
'The devastating Indian Air Force strikes on the night of May 9-10 exposed Pakistan's vulnerabilities.' 'If these had continued, it would have further degraded Pakistan's ability to continue with air operations.'
'Ultimately, (Australia captain) Pat Cummins is a really great guy and I would be amazed, once the emotion settles, if he does not sit back and think, 'I got that one wrong', even though his bottom line at the time was winning a Test match.'
From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.
An inconclusive end to this war will pose high risk for Netanyahu of a cascading demand for a regime change in Israel, predicts Ambassador M K Bhadrakumar.
The Trump administration has threatened to freeze more than $2.2 billion in grants and contracts if the university refused to submit to demands, including it eliminate diversity, equity and inclusion programs, ban masks at campus protests, enact merit-based hiring and admissions reforms, and reduce the power of faculty and administrators the White House has said are "more committed to activism than scholarship."
From the 30-share pack, Bajaj Finserv, Mahindra & Mahindra, Eternal, Power Grid, ITC, Tata Motors, Asian Paints and Hindustan Unilever were among the gainers. Among the laggards, Kotak Mahindra Bank tanked 4.57 per cent
India has warned Pakistan against its unprovoked firings along the Line of Control (LoC) in Jammu and Kashmir as the directors general of military operations of the two armies spoke on the hotline amid the escalating tensions over the Pahalgam terror attack.
India's service sector activity accelerated slightly in April largely driven by a quicker increase in new order inflows, which also underpinned a faster expansion in employment, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, up from 58.5 in March, indicating a sharp and stronger expansion in service sector output.
From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.
India and the UK have respected each other's political sensitivities during the negotiations for free trade agreement, with New Delhi agreeing to drop its demand on post-study work visas for students in exchange for Britain withdrawing its request to open up legal services here, an official said on Wednesday.
The USOPC has received "significant reassurances" from the White House on visas for the Los Angeles 2028 Games, Chair Gene Sykes said on Thursday, weeks after an internal memo showed the Trump administration was weighing sweeping travel restrictions.
India's External Affairs Minister S Jaishankar has called on Europe to display sensitivity and mutuality of interest for deeper ties with India, stating that New Delhi seeks partners, not "preachers." Jaishankar emphasized the importance of "Russia realism" in India's foreign policy, highlighting the natural complementarity between India and Russia as a resource provider and consumer. He criticized attempts by the West to address the Russia-Ukraine conflict without Russia's involvement, arguing it "challenged the basics of realism." Jaishankar also stressed the importance of finding common ground with the US, suggesting that focusing on mutuality of interest rather than ideological differences is key to successful engagement.
Dwaipayan Bose explains what momentum investing is, how it works, why it generates higher returns and has higher wealth creation potential.
All-party parliamentary delegations on Monday met with the leaders of several countries and highlighted India's resolve to combat terrorism, which they stressed must be eradicated in the interests of all humanity.
Total market funds are ideal for long-term investors who prefer a simple, hands-off approach, making them suitable for those unwilling to manage multiple funds.
The US Fed interest rate decision, trading activity of foreign investors and quarterly earnings from corporates would largely drive the momentum in the equity market this week, analysts said. Escalating tensions between India and Pakistan over the Pahalgam terror attack will also remain on investors' radar, they added.
'As more and more work becomes automated and a range of lower-level and higher-level tasks are replaced by AI, the need for a classic command-and-control pyramid structure goes away.'
Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.
The Circle Officer (CO) of Sambhal, Anuj Chaudhary, has been cleared of any wrongdoing regarding his controversial remarks about Holi and Jumma (Friday) prayers. Chaudhary had previously stated that those uncomfortable with Holi celebrations should stay indoors, sparking criticism from some sections of the community. The police investigation was launched following a complaint by former IPS officer Amitabh Thakur.
'The entire shoot paused after that.' 'There was a heaviness on set -- a shared recognition of the horror we were portraying.'
'This helps the consumers secure more favourable terms from CIs.'
In a wholesome moment that warm the cockles of one's soul, Virat Kohli touched Mohammad Shami's mother's feet and sought her blessings.
Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. On Wednesday, the precious metal of 99.9 per cent purity soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams.
The high point of the 19 Shastri months was the 22-day war that he fought against great odds and won in principle, even if military historians often call it a stalemate. Pakistan saw a great opportunity to conquer Kashmir and lost. It was the last time they had the relative strength militarily and diplomatically to take Kashmir. Shastri's resolve buried that dream forever, points out Shekhar Gupta.
He went on to say that even though this has not been discussed, he is going to 'increase trade substantially with both of these great Nations.'
India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.
England tested him like no other place - from exposing his raw edges in 2014 to witnessing his peak in 2018, and finally revealing his human side in 2021.