Propelled by strong demand and lower costs, the country's largest airline, InterGlobe Aviation (IndiGo), reported solid operational performance in the 2024-25 (FY25) October-December quarter (Q3). While demand was driven by the festival season, year-end increase, and higher consumer spending, lower fuel and rental costs helped deliver a beat at the operating profit level.
Markets regulator Sebi's new guidelines on research analysts (RAs) are forcing several equity research firms publicly announcing plans to shut down their shops due to heightened compliance and operational requirements. The Securities and Exchange Board of India (Sebi), on January 8, came out with guidelines for Research Analysts in a bid to curb fraudulent stock recommendations and illegal practices in the securities market.
'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'
Danielle Collins will exit the Australian Open as public enemy number one after roasting a hostile crowd at the Grand Slam and the American said following her defeat on Saturday that it was up to the fans if they wanted to repair their relationship.
Power Grid Corporation of India's (PWGR's) Q3FY25 revenue declined 3 per cent year-on-year (Y-o-Y) to Rs 11,200 crore, with operating profit falling 7 per cent Y-o-Y to Rs 9,500 crore and margin contracting to 85 per cent from 91 per cent Y-o-Y. Other income surged 89 per cent Y-o-Y to Rs 500 crore, but regulatory income dropped 62 per cent Y-o-Y to Rs 42.5 crore.
Glitz, glamour and lots of joy marked the celebration.
Lajong's third win of the campaign and fourth consecutive clean sheet at home lifted them to fourth place with 12 points.
Sporting stars, past and present, at the Ambani wedding.
JM Financial on Friday said the Reserve Bank of India has lifted restrictions imposed on its subsidiary JM Financial Products Ltd with regard to financing against shares and debentures. "We wish to inform you that the RBI, vide its letter dated October 18, 2024, has lifted the restrictions imposed by it on the company (JM Financial Products Ltd) through its order dated March 5, 2024," JM Financial said in a regulatory filing.
Prime Minister Narendra Modi on Saturday said he had a "very warm meeting" with Pope Francis and discussed a wide range of issues, including the Covid-19 pandemic and the challenge posed by climate change, with the head of the Roman Catholic church and also invited the Pontiff to visit India at an early date.
Shane Sabastian Pereira, born in Karachi, Pakistan, was granted Indian citizenship after 43 years of living in his ancestral village in Goa. He is the second person from the coastal state to receive the certificate under the Citizenship (Amendment) Act. Pereira's journey to citizenship highlights the impact of the CAA on individuals seeking to become Indian citizens.
The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra set aside the National Company Law Appellate Tribunal (NCLAT) decision upholding the resolution plan of Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC).
Twenty priests have been booked by the police in Kochi, Kerala, for allegedly assaulting a police officer during a protest at the Bishop's House. The incident occurred on January 11, with the priests protesting against the unified Holy Mass. The police registered a case against the priests under various sections of the Indian Penal Code (IPC) for unlawful assembly, rioting, and causing hurt to a public servant. The protest follows a controversy over the unified Holy Mass, which the Archbishop has defended, stating that altering decisions approved by Pope Francis is impossible.
Aryna Sabalenka overwhelmed Paula Badosa 6-4, 6-2 with a impressive display of raw power to reach her third successive Australian Open final on Thursday.
The Securities and Exchange Board of India (Sebi) on Thursday debarred Pacheli Industrial Finance and six others entities from the markets in its bid to crack down on a "pump and dump" case, substantiated by a probe into Rs 850 crore preferential allotment and examination of alerts around price movement of the firm's stock.
On Thursday morning, Tata's mortal remains left the hospital in an ambulance. Here are the images:
Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank and State Bank of India. Benchmark BSE Sensex declined by 55.47 points or 0.07 per cent to settle at 79,486.32. During the day, it tanked 424.42 points or 0.53 per cent to 79,117.37.
In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.
Novak Djokovic was seriously rattled early on by inspired American teenager Nishesh Basavareddy but rallied for a 4-6, 6-3, 6-4, 6-2 victory on Monday.
From the 30 Sensex pack, State Bank of India jumped 5 per cent, followed by ICICI Bank, Bajaj Finserv, NTPC, Adani Ports, Bajaj Finance and Larsen & Toubro. In contrast, Maruti, Tata Motors, Sun Pharma, Bharti Airtel, IndusInd Bank and Mahindra & Mahindra were among the laggards.
Danielle Collins gave the hostile crowd a roasting after beating local favourite Destanee Aiava in the second round of the Australian Open
Jannik Sinner retained his Australian Open title with an emphatic 6-3, 7-6(4), 6-3 win over Alexander Zverev on Sunday
From the 30-share Sensex pack, Hindustan Unilever, NTPC, Nestle, IndusInd Bank, Power Grid, Adani Ports, Tata Motors and Bajaj Finserv were the major laggards. Reliance Industries, Kotak Mahindra Bank, Tech Mahindra, Mahindra & Mahindra and HDFC Bank were among the gainers.
'In the 2023 World Cup, we lacked batting depth from No. 8 onwards. These are the crucial questions that need to be addressed.'
"I think often of persecuted peoples: the Rohingya, the poor Uyghurs, the Yazidi -- what ISIS did to them was truly cruel -- or Christians in Egypt and Pakistan killed by bombs that went off while they prayed in the church," Francis says in a new book, Let Us Dream: The Path to A Better Future, published on Monday.
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.
Defying the bearish sentiment in the markets on Monday, ICICI Bank's share price rose by 2 per cent, reaching an intraday high of Rs 1,234.4 per share on the BSE. With a 1.5 per cent gain at the close, the stock emerged as the top performer on both the BSE Sensex and the National Stock Exchange Nifty 50 indices.
Aided by festive demand, domestic passenger vehicle wholesales rose marginally year-on-year to 3,93,238 units in October, industry body SIAM said on Wednesday. The overall passenger vehicle dispatches by companies to dealers stood at 3,89,714 units in October last year. Total two-wheeler sales rose 14 per cent year-on-year to 21,64,276 units last month, as compared to 18,95,799 units in October 2023, the Society of Indian Automobile Manufacturers (SIAM) said in a statement.
Hours before the US presidential elections, special prayers were held for Democrat candidate Kamala Harris's victory at her ancestral village in Tamil Nadu.
Jasprit Bumrah's incredible performance has prevented the Border-Gavaskar Trophy series from becoming completely lopsided in Australia's favour, said pace great Glenn McGrath, lauding the India spearhead for his ball-control and ability to adapt quickly.
Vistara's aircraft, having better interiors, will replace Air India's planes on major metro-to-metro routes between Delhi, Mumbai and Bengaluru after merger of both the carriers next month, sources privy to the development said on Thursday. "Air India aircraft are being refurbished one by one. Until that process is complete, it makes sense to deploy Vistara planes on our high-revenue metro-to-metro routes between Delhi, Mumbai and Benglauru," a source said.
'We were hoping for her victory and had planned celebrations bigger than Deepavali'
He congratulated each medal winner and said they had made the country proud with their performances.
The unanswerable question, of course, is whether Djokovic is the GOAT. That's a complex issue over which fans will forever bicker, observes Kanika Datta.
Floor leaders of the Opposition Indian National Developmental Inclusive Alliance met on Monday ahead of the start of Parliament's winter session and decided to raise the issue of alleged corruption in the Adani Group and demand a Joint Parliamentary Committee on the matter.11111111111111111111111111
The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.
PVR INOX plans to shut down 70 non-performing screens.
India's World Cup-winning skipper Kapil Dev would like to know why Ravichandran Ashwin decided to call it a day all of a sudden.
The para-athletes outnumbered the able-bodied ones in the list this time due to the magnificent Paris Paralympics performance in which they returned with 29 medals, including seven gold and nine silver.
The Sebi board on Wednesday approved a series of measures, including stricter regulatory norms for SME IPOs, a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information (UPSI). Also, the board approved reforms to boost ease of doing business for Debenture Trustees, ESG rating providers, InvITs, REITs, and SM REITs.
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