IEX shares fall by 17% in two days on news of market coupling implementation by FY25

September 25, 2024

IEX Share Price: Market coupling, expected to be implemented by the end of this fiscal year or the start of FY26, aims to establish a unified price for electricity across different trading platforms. IEX, which currently dominates the power trading market with an 84% share, may face new challenges due to this change.

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Neville Noronha quits Avenue Supermarts, Unilever’s Anshul Asawa to be new CEO

Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa

January 11, 2025

DMart Q3 Results: Standalone profit up 6.5% to Rs 785 crore, revenue jumps 17.5%

The retailer’s EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5%

January 11, 2025

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