Adani Energy Solutions on Monday posted a 28 per cent decline in consolidated net profit to Rs 557.10 crore for the September quarter, mainly due to one-time adjustment of deferred tax of Rs 314 crore in the year-ago period. Adani Energy Solutions Ltd (AESL) had reported a net profit of Rs 773 crore in the July-September quarter of the last fiscal.
From the Sensex pack, Asian Paints, ICICI Bank, PowerGrid, Larsen & Toubro, Bajaj Finserv, Bharti Airtel, Sun Pharmaceuticals, Maruti Suzuki India, Axis Bank, UltraTech Cement and HCL Technologies were the only gainers. On the other hand, Eternal, Tata Motors' commercial vehicles arm, Mahindra & Mahindra, Tata Steel, Bharat Electronics Ltd, Tata Motors Passenger Vehicles, Trent, Tata Consultancy Services, Hindustan Unilever, and Infosys were among the laggards.
Renewables sector stole the show as Andhra Pradesh bagged investments to the tune of around Rs 13.25 trillion during the three-day CII Partnership Summit in Visakhapatnam. The sector accounted for the bulk of Rs 5.33 trillion out of the memorandum of understanding (MoUs) signed during the summit.
A major accident on the Mumbai-Bengaluru highway near Pune resulted in eight fatalities and 14 injuries after a car was crushed between two container trucks, leading to a large fire. The incident occurred on the accident-prone Navale Bridge.
State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.
The movement has taken the shape of an unusual reverse migration, which officials and they themselves link directly to the Special Intensive Revision (SIR) of electoral rolls underway in West Bengal.
Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global market trends amid growing tensions in the Middle East.
Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, soared nearly 30 per cent on their market debut on Wednesday, defying the recent trend of muted listings. The stock opened at Rs 112 and hit a high of Rs 134.4 before settling at Rs 128.85 on the NSE - a gain of 28.85 per cent over its issue price of Rs 100.
A complaint was filed against Salman Khan in the Kota consumer court, alleging that advertisements for a pan masala brand endorsed by him were 'misleading'.
Karnataka Chief Minister Siddaramaiah met Prime Minister Narendra Modi and insisted on demands pertaining to the state, including on Fair Recovery Price of sugarcane, All India Institute of Medical Sciences for Raichur, the release of flood relief among others.
With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.
Maharashtra Deputy Chief Minister Ajit Pawar has said that he has no connection with the alleged multi-crore land deal in Pune involving his son, Parth Pawar.
EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan
Among the Sensex firms, Bharat Electronics Ltd, Mahindra & Mahindra, Adani Ports, HCL Technologies, Eternal, Infosys, Bharti Airtel, Sun Pharmaceuticals, Larsen & Toubro, Hindustan Unilever and UltraTech Cement were the gainers. Bajaj Finance, Tata Motors Passenger Vehicles, Kotak Mahindra Bank, PowerGrid and Tata Steel were among the laggards.
Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.
Celebrity hair stylist Jawed Habib, his son, and an associate are facing 32 FIRs for allegedly defrauding investors with promises of high returns on Bitcoin investments through Follicle Global Company (FLC).
With this, a total of six accused persons have been convicted and sentenced in the case so far, relating to spying at vital installations and Indian Navy establishments by foreign spies and agents with the intent to threaten its unity, integrity, security and sovereignty.
Dharmendra's demise means the loss of one of the biggest icons ever in the Hindi film firmament.
Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Prashant Kishor's Jan Suraaj Party reiterated its promise to scrap the liquor ban in Bihar if elected, planning to use the revenue to secure loans from international financial institutions.
Brookfield India Real Estate Trust (BIRET) plans to acquire a large office campus, covering 7.7 million sq ft, in Bengaluru for Rs 13,125 crore to expand its portfolio.
Hours after a local passenger train collided with a goods train near Bilaspur station in Chhattisgarh claiming six lives, the Railway Board on Tuesday said the accident took place as the passenger train seems to have overshot a red signal.
At least eight persons, including the loco pilot, were killed and 14 others injured after a passenger train allegedly jumped a red signal and collided with a goods train from behind near Bilaspur station in Chhattisgarh on Tuesday, officials said.
A married couple committed suicide, reportedly depressed over the husband losing around Rs 5 lakh while gambling online, police said on Monday.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two lenders reporting a decline. All 12 public sector banks (PSBs) together made a profit of Rs 45,547 crore in the September quarter of FY25.
The stock of mid-tier information technology (IT) major Persistent Systems has been one of the outperformers in the IT pack with a return of 5.3 per cent over the last year, while its peer index, the Nifty IT, is down 16.2 per cent over the same period. The strong September quarter (Q2FY26) result and upgrades by brokerages are positive but its ability to sustain growth momentum in a weak macroeconomic environment will be key for future gains. At the current levels, the stock is trading at a premium valuation of 38 times its FY27 earnings estimates.
Potential windfall for women's squad: BCCI might match prize money of T20 WC winning men's team
'Why would a highly qualified doctor with a promising future choose to wage war against his own country?'
Union Home Minister Amit Shah promised a defence corridor and factories in each district of Bihar if the NDA wins the upcoming elections. He also outlined plans for flood control, infrastructure development, and revival of sugar mills.
A 28-year-old bike taxi rider has been arrested for allegedly molesting a woman passenger and robbing her after diverting the route towards a secluded stretch in east Delhi, police said on Tuesday.
Leading hospital chain Apollo Hospitals Enterprises Ltd (Ahel) has posted a consolidated net profit of Rs 477 crore during the second quarter this financial year, up 26 per cent from Rs 379 crore during the same period last financial year.
The ministries of Road Transport & Highways and Railways have exceeded the national average capital expenditure (capex) by spending 63 per cent and 57 per cent of Budget estimates (BE), respectively, in the first half of 2025-26 (FY26). The total capital expenditure for April-September of FY26 stood at 52 per cent of the BE, according to the latest data by the Controller General of Accounts (CGA).
From the Sensex firms, Bharti Airtel, Power Grid, Tech Mahindra, Infosys, Bajaj Finance and Reliance Industries were among the major laggards. However, Larsen & Toubro, Bharat Electronics, UltraTech Cement and Maruti were among the gainers.
'Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.'
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
The police in Maharashtra's Palghar district have registered a case against a woman for allegedly forcing a ten-year-old tribal girl into bonded domestic labour, an official said on Thursday.
Ahmedabad-headquartered Zydus Lifesciences posted a 17 per cent year-on-year (Y-o-Y) rise in revenue from operations to Rs 6,123 crore, while the net profit increased by 38 per cent to Rs 1,258.6 crore aided by consistent performance in the US and India formulations businesses.
Ek Deewane Ki Deewaniyat has hit half a century...
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