Sluggish urban demand, a high base effect, and weak sales of hatchbacks and sedans weigh down passenger vehicle sales in FY25.
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.
Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.
Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25. The FY25 revised estimates (RE) indicate 7 per cent growth in FY25 against FY24, implying 21 per cent Y-o-Y growth in Q4FY25 government capex.
Manchester City came back from a goal down to beat Bournemouth 2-1 on Sunday to book their spot in the semi-finals of the FA Cup.
'The Election Commission is conducting the National Register of Citizens in Bihar through the backdoor.'
It's an action-packed week on OTT. Fasten your seat belts and check out these options from Sukanya Verma.
Royal Challengers Bengaluru accomplished an unprecedented milestone with victory over Lucknow Super Giants on Tuesday, winning all seven away matches this IPL season. They are the first-ever team to brag an unbeaten away record in a season that follows the home-and-away format.
Royal Challengers Bengaluru beat Lucknow Super Giants by six wickets and secured place in IPL Qualifier 1.
'I don't have to 'kill' my best friend (on a reality show) and not even apologise.'
Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut by the Reserve Bank of India (RBI), according to analysts' estimates. Additionally, loan growth is expected to further slowdown amid low demand in certain secured products, stress in the unsecured segment, and a high cost to deposit (CD) ratio across the system.
Successive elections since 2019 have proved that the Modi charisma and Shah's strategy does not work in Tamil Nadu. Now, they have to see next year if the DMK is capable of losing, whether to an existing NDA alliance or an expanded version, if one becomes necessary and possible!, explains N Sathiya Moorthy.
Safiullin upsets Muller, Moutet through in Mallorca
'Dharmendra was paying a little extra attention to me and she didn't like it.'
An IndiGo flight from Delhi to Srinagar encountered severe turbulence after a sudden hailstorm. The pilot requested permission from Lahore Air Traffic Control to use Pakistani airspace to avoid the turbulence, but the request was rejected. The flight, carrying over 220 passengers, including Trinamool Congress MPs, landed safely at Srinagar Airport. The incident is being investigated by the Directorate General of Civil Aviation (DGCA).
Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.
Gujarat Titans messed up on a golden opportunity to seal a top two spot in the league table as Lucknow Super Giants earned a consolation 33-run victory.
'She didn't think she'd die. It was just a trend -- a video. But it took her away in seconds.'
'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'
Oscar-winning Producer Guneet Monga Kapoor made her mark on Cannes 2025 by launching a new initiative that spotlights three rising women producers from India, part of her newly-established Women in Film India chapter, reported Variety.
Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."
The 81-year-old Biden and his family are currently consulting with doctors to determine the best course of action.
A 4.6 magnitude earthquake shook parts of Pakistan on Monday with the epicentre located close to a prominent faultline in its Punjab province, the director of the National Center for Seismology (NCS) said.
First-half goals by Jakub Kiwior and Leandro Trossard looked like being enough for a lacklustre Arsenal against a lively Palace side who equalised with an Eberechi Eze volley.
While sedan sales have declined in the mass-market segment in recent years, demand remains strong for BMW sedans, which account for 45 per cent of its sales in India.
"In his 2 speeches will he tell us: Why has PM not answered a single question in Parliament?... Why are Opposition MPs denied basic rights: voting, discussion?" O'Brien said.
The final ODI will be played in Mount Maunganui on Saturday.
The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.
Sinead O'Connor, the gifted Irish singer-songwriter, became a superstar in her mid-20s and was known as much for her private struggles and provocative actions as for her fierce and expressive music.
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
'Very rarely does a film give you the opportunity to do this, I was constantly improvising and adding scenes on the set.'
Sunderland stun Sheffield United in playoff to return to Premier League
Videos of the moments of turbulence shared on social media showed panic-stricken passengers could be heard making religious supplications as the plane swayed.
On the fateful morning, the then prime minister was shot at by her two Sikh bodyguards in revenge for Operation Bluestar, when the army had stormed the Golden Temple under orders from Gandhi. Bhargava, 54 at the time, recalls the decision to take Gandhi to the operating theatre even though there was no pulse.
Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.
A delegation of a Meitei civil society group from Manipur has conveyed its concerns to the Centre over an incident where the state's name written on a bus windshield was covered with white paper. The group, Coordinating Committee on Manipur Integrity (COCOMI), expressed its commitment to peace and its willingness to cooperate in efforts to restore normalcy. They also raised concerns over the growing threats posed by narco-terrorism, cross border illegal immigration, and widespread illegal opium cultivation in the state.
Trinamool Congress (TMC) MP Derek O'Brien was suspended from the Rajya Sabha on Thursday for the remainder of the winter session of Parliament and the matter referred to the privileges committee as he did not leave the House even after repeated directions from Chairman Jagdeep Dhankhar.
ICICI Prudential Life Insurance (IPRU) disappointed the market even though some analysts said the Q3FY25 results were in line. Most analysts cut margin estimates. The insurer reported M9FY25 growth of 8.5 per cent year-on-year (Y-o-Y) in value of new business (VNB) premium to Rs 1,575 crore, while total annual premium equivalent (APE) grew 27.2 per cent to Rs 6,910 crore.
The Indian government defended its decision to revoke the security clearance of Turkey-based Celebi without warning, citing an "unprecedented" threat to aviation security. Solicitor General Tushar Mehta argued that giving a hearing or reasons before taking action would "defeat the purpose" in matters of national security. The decision came after Turkey backed Pakistan and condemned India's airstrikes on terror camps in the neighboring country. Celebi, which operates at nine Indian airports, has challenged the government's move in court.
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