Business news

Sensex trades higher on strong global cues

Indian stock market continues winning streak ahead of Union Budget

The Indian stock market on Thursday continued its upward journey for the third consecutive session, with both the Sensex and the Nifty closing in the positive territory, as all eyes are now on the Union Budget 2025-26.

Jan 30, 2025

Adani Enterprises' share jumps nearly 5 pc, Adani Ports among top gainers

Adani Enterprises Ltd logs 29 pc rise in consolidated EBITDA, consolidated PBT up 21 pc

Adani Enterprises Ltd (AEL) on Thursday reported a 29 per cent increase in consolidated EBITDA at Rs 12,377 crore in the first nine months of the current fiscal (FY25), driven by continued strong operational performance by Adani New Industries Ltd (ANIL) ecosystem and airports.

Jan 30, 2025

Adani Ports clocks 14 pc net profit growth in Q3, PAT crosses Rs 8,000 cr in 9 months of FY25

Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday reported a 14 per cent net profit jump in the October-December quarter this fiscal (FY25) at Rs 2,518 crore, from Rs 2,208 crore in the same period last fiscal (FY24).

Jan 30, 2025

Maruti Suzuki starts shipping out Jimny 5-Door SUV

'Made in India' Jimny 5-door SUV debuts in Japan

The 'Made in India' Jimny 5-door was unveiled in Japan on Thursday, marking the debut of the second-most exported model from Maruti Suzuki in FY 2024-25 in another major market.

Jan 30, 2025

Indian stock market opens flat as US Fed pauses rate cut cycle

Sensex, Nifty open flat as US Fed pauses rate cut cycle

The domestic benchmark indices opened flat on Thursday as the US Federal Reserve meeting voted unanimously to pause the rate cut cycle, which started last September and has delivered 100 bps of cut to date.

Jan 30, 2025

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

Maruti Suzuki registers 16 per cent jump in Q3 net profit at Rs 3,727 crore

Leading car manufacturer Maruti Suzuki India Ltd on Wednesday reported a 16 per cent increase in net profit to Rs 3,727 crore for the October-December quarter of the current financial year, compared to the corresponding figure of Rs 3,206.8 crore in the same quarter last year.

Jan 29, 2025

Tata Motors unveils over 50 next-gen vehicles, intelligent solutions at auto expo

Tata Motors' Q3 profit drops 22 pc, EV sales up 19 pc

Tata Motors on Wednesday reported a 22 per cent decline in its net profit for the third quarter (Q3) of FY25 at Rs 5,451 crore, down from Rs 7,025 crore in the same period last fiscal.

Jan 29, 2025

Adani Power's bid for KSK Mahanadi Power forces other bidders to raise offers

Adani Power logs 7.4 pc net profit growth in Q3, revenue up 11 pc

Adani Power on Wednesday reported 7.4 per cent growth in net profit at Rs 2,940 crore in Q3 FY25, compared to Rs 2,738 crore in the same period last fiscal (FY24).

Jan 29, 2025

Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease

Stock market extends gains for 2nd straight day, smallcaps lead rally

The Indian stock market on Wednesday continued its upward trend for the second consecutive session, with both the Sensex and Nifty closing in the green.

Jan 29, 2025

Ambuja Cements clocks highest quarterly revenue of Rs 7,516 crore in Q2

Ambuja Cements' net profit more than doubles in Q3; reports Rs 2,620 crore PAT

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Wednesday reported robust profit after tax (PAT) growth at Rs 2,620 crore, which more than doubled (year-on-year) in Q3 FY25.

Jan 29, 2025

India's economic growth expected to accelerate in 2nd half of 2024-25: Report

MCX to hold special trading session on Union Budget day

The Multi Commodity Exchange of India (MCX) on Wednesday said it will remain open for trading on February 1 due to the Union Budget 2025-26 presentation by Finance Minister Nirmala Sitharaman.

Jan 29, 2025

GCCs fuel record-breaking office leasing in India, to exceed 2,500 units in 3-4 years

Global capability centres (GCCs) fuelled record-breaking 77.2 million square feet office leasing in India, accounting for 36 per cent of total demand in 2024, according to a report on Wednesday.

Jan 29, 2025

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock market opens higher, Nifty above 23,000

The domestic benchmark indices opened higher on Wednesday for second day in a row, as investors are now looking forward to positive cues in the upcoming Union Budget 2025-26.

Jan 29, 2025

Indian stock market bounces back, ends 2-day decline

Indian stock markets on Tuesday witnessed a positive trend with the benchmark indices gaining strong ground after two days of decline amid mixed global signals.

Jan 28, 2025

PM Modi's Cabinet approves ₹3,300 crore for 'Made in India' semiconductors

Semiconductor demand in India to reach 28 pc by 2026 end amid AI boom

The demand for semiconductors in India in the artificial intelligence (AI) era is likely to increase to 28 per cent by the end of 2026, close to the global expected demand of 29 per cent

Jan 28, 2025