IBT Business Desk

Articles by IBT Business Desk

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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

RBI likely to go for steps to spur growth in February monetary policy review: Jefferies

The RBI's monetary policy committee meeting scheduled for February is likely to spring some positive surprises with a growth-favoured approach, according to brokerage firm Jefferies.

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

Each rupee invested in India's highways has led to Rs 3 rise in GDP: IIM-Bangalore study

Each rupee invested in India's highways led to Rs 3 rise in GDP: IIM-Bangalore study

Investments made in India's highways sector have translated to a more than three-fold increase in the country's GDP due to the multiplier effect resulting from the creation of more jobs and incomes in the economy, according to an IIM-Bangalore study.

Jan 29, 2025

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

Union Budget 2025 to act as catalyst for India's $5 trillion economy goal

India's goal of becoming a $5 trillion economy calls for policies that promote sustainable and inclusive growth and the Union Budget 2025-26 can act as a catalyst for growth while ensuring equity and efficiency in the economy.

Jan 29, 2025

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

India Inc. pegs GDP growth at 6.5-6.9 pc for 2025-26: FICCI pre-Budget survey

India Inc. is optimistic about the growth prospects of the economy and wants the Union government's thrust on capital expenditure (Capex) to continue in the Union Budget 2025-26, according to a survey released by apex business chamber FICCI

Jan 28, 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

RBI may begin rate easing cycle with 25 bps cut, add durable liquidity: Morgan Stanley

Morgan Stanley on Tuesday said that it expects the Reserve Bank of India (RBI) to commence the rate easing cycle with a 25-bps rate cut, reflecting the current domestic growth-inflation dynamics.

Jan 28, 2025

India's major ports record 3.2 pc rise in cargo during Dec, Deendayal Port leads

India's major ports record 3.2% rise in cargo during Dec, Deendayal Port leads

India's 12 major ports, owned by the Central government, handled 72.2 million tonnes of cargo in December, recording a 3.22 per cent growth over the same month of the previous year.

Jan 28, 2025

Nifty, Sensex rebound in early trade as US markets sink amid new AI fears

The domestic benchmark indices opened higher on Tuesday after ending over seven-month low in the previous trading session.

Jan 28, 2025

Sridhar Vembu steps down as Zoho CEO to become company's chief scientist

Sridhar Vembu, Founder and CEO of software major Zoho Corporation, on Monday stepped down as the CEO to serve as the company's chief scientist.

Jan 27, 2025

cement sector, cement update, top picks, dalmia cement, MOSL research, shree cement, ramco cement

Adani's cement major ACC Ltd reports 103 pc surge in Q3 profit

Cement and building materials leader ACC Limited, part of the diversified Adani Group, on Monday, reported a significant 103 per cent year-on-year jump in its net profit for the December quarter (Q3) of FY25.

Jan 27, 2025

Indian share market ends lower, Nifty below 23,700

Sensex, Nifty slide over 1 pc amid weak global cues, US trade uncertainties

Indian equity markets witnessed a sharp decline on Monday amid weak global cues and uncertainties over US trade policies which dampened domestic investors' sentiment.

Jan 27, 2025

Adani Wilmar clocks 105 pc profit jump in Q3, revenue rises 31 pc

Adani Wilmar saw its stock rising on Monday after the company reported a 105 per cent jump in net profit at Rs 410.57 crore in Q3 FY25, compared to Rs 201 crore in the same quarter last year.

Jan 27, 2025

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Articles by IBT Business Desk

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

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

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

RBI likely to go for steps to spur growth in February monetary policy review: Jefferies

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

Each rupee invested in India's highways led to Rs 3 rise in GDP: IIM-Bangalore study

Union Budget 2025 to act as catalyst for India's $5 trillion economy goal

MCX to hold special trading session on Union Budget day

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

Indian stock market opens higher, Nifty above 23,000

India Inc. pegs GDP growth at 6.5-6.9 pc for 2025-26: FICCI pre-Budget survey

Indian stock market bounces back, ends 2-day decline

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

RBI may begin rate easing cycle with 25 bps cut, add durable liquidity: Morgan Stanley

India's major ports record 3.2% rise in cargo during Dec, Deendayal Port leads

Nifty, Sensex rebound in early trade as US markets sink amid new AI fears

Sridhar Vembu steps down as Zoho CEO to become company's chief scientist

Adani's cement major ACC Ltd reports 103 pc surge in Q3 profit

Sensex, Nifty slide over 1 pc amid weak global cues, US trade uncertainties

Adani Wilmar clocks 105 pc profit jump in Q3, revenue rises 31 pc

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'