Revenue stagnant, losses mount as EV firm Ather Energy prepares for IPO

New Delhi (IANS) The electric two-wheeler maker Ather Energy is set to launch its initial public offering (IPO) on April 28, but industry experts on Friday raised eyebrows over the company’s continued losses and lack of revenue growth. 

Despite…

Poonawalla Fincorp Q4 net profit plunges 81 pc to Rs 62 crore

New Delhi (IANS) Poonawalla Fincorp on Friday reported a sharp over 81 per cent decline in its net profit, which fell to Rs 62.33 crore in the January-March quarter (Q4) of FY25, compared to Rs 331.70 crore in the same quarter of the previous financial…

Hindustan Unilever Limited's Q4 net profit drops 17.4 pc QoQ to Rs 2,464 crore

Mumbai (IANS) FMCG giant Hindustan Unilever Limited (HUL) on Thursday reported a 17.4 per cent drop in its consolidated net profit on a quarter-on-quarter basis for the fourth quarter (Q4) of FY25. 

The net profit stood at Rs 2,464 crore in…

Black Box reports strongest quarterly performance of FY25 with Rs 1,550 crore in Q4 order wins

Mumbai (IANS) Black Box Limited, a leading global provider of digital infrastructure solutions, on Thursday, announced its best-ever quarterly performance for the financial year 2024–25, achieving order wins totaling Rs 1,550 crore in Q4. 

This…

Industrial and warehousing demand in India up 15 pc in Q1 2025

Bengaluru (IANS) Industrial and warehousing demand across the top eight cities in India remained robust at 9 million square feet (sq ft) in Q1 2025 with 15 per cent annual growth, a report showed on Wednesday. 

Delhi-NCR and Chennai led the…

Centre tightens vigil to check flow of cheap imports amid US tariff hikes

New Delhi (IANS) The government has set up a taskforce to keep a close watch on attempts by other countries to dump goods at predatory prices to exploit the Indian market, following the hike in tariffs announced by the Donald Trump administration…

Indian stock market opens higher, Sensex above 79,500

Mumbai (IANS) The domestic benchmark indices opened marginally up on Tuesday amid positive global cues, as buying was seen in the auto, PSU bank and financial services sectors in the early trade. 

At around 9.34 am, Sensex was trading 134.87…

Safeguard duty to provide Rs 1,000-1,300 per tonne relief to primary steelmakers: Report

New Delhi (IANS) The government’s decision to impose 12 per cent safeguard duty on select categories of flat steel imports for 200 days could provide respite to the domestic primary steelmakers grappling under the pressure of low-cost imports, a Crisil…

Sensex jumps 855 points, Nifty ends above 24,100; banks, IT lead rally

Mumbai (IANS) The Indian stock market continued its strong rally for the fifth day in a row on Monday, as investors showed heavy buying interest in banking, IT, and auto stocks. 

The Sensex jumped 855.30 points, or 1.09 per cent, to close at…

India to achieve steel production capacity of 300 million tonnes by 2030

New Delhi (IANS) India is on a trajectory to achieve steel production capacity of 300 million tonnes (MT) and a per capita consumption of 160 kg by 2030, according to the government. 

In FY25 (April to December period), the production of crude…