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Mohun Bagan Super Giant created history by becoming the first team in the Indian Super League (ISL) to successfully defend their title. With a 1-0 victory over Odisha FC, they secured the ISL Shield and a spot in the AFC Champions League 2. The win in their 22nd league game brought their total points to 52, ensuring their victory with two matches remaining.
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.
Jet Airways in which Abu Dhabi's Etihad is buying a stake, reported its worst quarterly loss on record as carriers in Asia's third-biggest economy battle high fuel costs and taxes.
Gross Non-Performing Assets rose to 12.90 per at the end of March, from 6.55 per cent a year ago.
India Inc continued to grapple with muted revenue growth in the September 2024 quarter (Q2FY25) and witnessed a decline in margins and profits. The headwinds were especially severe for non-financial companies, while banking, financial services, and insurance (BFSI) firms significantly outpaced the rest of the corporate sector. The total profit of 1,353 listed companies that have released their Q2FY25 results thus far dropped by 0.6 per cent year-on-year (Y-o-Y) - the first cumulative earnings decline in eight quarters.
At the EBIDTA level domestic operations showed an operating loss of Rs 178 crore.
A round-up of Saturday's action in the English Premier League.
Chelsea won for the first time in six Premier League matches when they beat relegation-threatened Wolverhampton Wanderers 3-1 at home on Monday.
Stocks of new-age companies have seen a mixed performance thus far in calendar year 2023 (CY23). While those of One97 Communications (parent company of Paytm), PB Fintech and Zomato have surged up to 63 per cent year-to-date (YTD), FSN e-commerce, the parent company of Nykaa, however, has dropped 14 per cent YTD. By comparison, Nifty50 and Nifty 500 indices have advanced 7 per cent and 8.7 per cent, respectively, during the period, ACE Equity data show.
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.
Info Edge (India) topped expectations in its October-December quarter (Q3) results, posting strong revenue and profit growth. Its shares have rallied as much as 6.14 per cent in two days. The technology holding company's revenue rose 15.2 per cent year-on-year (Y-o-Y) to Rs 722.3 crore, driven by robust performance across its key verticals, particularly its recruitment business.
Bopanna, Zhang advance into mixed doubles round two of Australian Open
Novak Djokovic was shocked by Botic van de Zandschulp 6-2, 3-6, 6-1 in the second round of Indian Wells on Saturday as the Serbian suffered an early exit at the hands of a tournament lucky loser for a second consecutive year.
Gillette India Ltd has posted a net loss of Rs 33.30 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 253.60 million for the quarter ended December 31, 2001.
Steel Authority of India Ltd has posted a net loss of Rs 787.50 million as compared to a net loss of Rs 5853.80 million in the quarter ended December 31, 2001.
The deaths of five people in a helicopter crash at the King Power Stadium in October 2018, including Leicester City soccer club owner Khun Vichai Srivaddhanaprabha, were accidental.
Debt-ridden Kingfisher Airlines today reported that its net loss doubled to Rs 468.66 crore (Rs 4.68 billion) in the quarter ended September 30, 2011, as higher fuel prices depressed operating margins.
It had net loss of Rs 355.55 crore (Rs 3.55 billion) in the January-March quarter of 2010-11, Kingfisher said in a filing to the BSE.
Defeat was a blow for the 21-year-old Spaniard as the French Open and Wimbledon champion's bid to become the youngest man to complete a career Grand Slam went up in flames, and he was left to digest his third loss to Djokovic on the surface.
R Praggnanandhaa outclassed world champion D Gukesh in sudden death to win Tata Steel Masters chess title.
Lewandowski strike gives Barcelona 1-0 win over Alaves
Adidas' profit after tax has grown to Rs 140 crore in 2017-18.
Alexander Isak's early headed goal lifted Newcastle to a 1-0 victory over Arsenal on Saturday at St. James' Park, as Eddie Howe's men delivered a blow to Arsenal's title chase with their first win in six Premier League outings.
IMAGES from the Premier League matches played on Sunday.
The Andhra Pradesh police on Friday told the Supreme Court they will not arrest Telugu Desam Party chief N Chandrababu Naidu in the FiberNet case till October 18 due to the pendency his petition related to the Skill Development Corporation scam in the apex court.
Gujarat State Fertilisers & Chemicals Ltd has posted a net loss of Rs 643.50 million for the quarter ended December 31, 2002 as compared to a net loss Rs 329 million for the quarter ended December 31, 2001.
From the 30-share Sensex pack, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Asian Paints, Infosys and Maruti Suzuki were the biggest laggards.
Fuelled by robust market demand and higher revenues, InterGlobe Aviation on Thursday flew into the profitability zone, raking in a net profit of Rs 919.2 crore in the March quarter. The parent of the country's largest airline IndiGo, which had faced turbulence last year, had a net loss of Rs 1,681.8 crore in the three months ended March 2022. Reflecting the bullishness in the aviation market, the carrier has forecast a 5-7 per cent rise in Available Seat Kilometres (ASK), an indicator of seat capacity, in the June quarter.
Cummins had no qualms in admitting that his team was thoroughly outplayed in the series opener but he promised to bounce back in Adelaide
India Inc's net profit as a percentage of the country's gross domestic product (GDP) is just shy of reaching 5 per cent, bolstered by strong earnings growth in the second quarter of 2023-24. Analysts interpret this as an indication that a corporate profit upcycle is in progress, with projections suggesting that this share could exceed 8 per cent within the next five years, driven by bullish earnings growth expectations. "We believe we are only halfway through a profit cycle, with the profit share in GDP rising from a low of 2 per cent in 2020 to about 5 per cent currently, and likely heading to 8 per cent in the coming four to five years. "This implies about 20 per cent compounding of earnings growth. "Underscoring this forecast is the start of a new private capex cycle, under-geared balance sheets, a healthy banking system, lower corporate tax rates, improving terms of trade, and structural consumption demand outlook albeit somewhat offset by likely consolidation in government deficit," said Ridham Desai, managing director, head of research, Morgan Stanley India in a note.
GAIL India's second quarter (Q2FY25) performance met expectations.
FC Goa held total control over this game, keeping 58.6% of the possession and taking eight shots on target as opposed to none of Chennaiyin FC.
ArcelorMittal reports $780 million loss in the last quarter of 2010.
In 2025 banks are in for challenges such as pressure on margins and slowing credit growth. With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. However, deposit rates are expected to adjust more gradually, which could impact the net interest margin (NIM) - a key measure of profitability for banks.
A ruthless Iga Swiatek slammed the door shut on German lucky loser Eva Lys with a 6-0 6-1 win on Monday to breeze into the quarter-finals of the year's opening Grand Slam for the second time.
A summary of Saturday's action in the Premier League.
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