Sun TV Network Q1 net profit dips amid ad revenue decline
Sun TV Network reported a 3% YoY drop in Q1 profit to ₹529 crore due to weak advertising revenues, while subscription income grew 10%. EBITDA fell 13% to ₹617 crore.
Kalyan Jewellers Q1 Results: Cons PAT jumps 49% YoY to Rs 264 crore, revenue grows 31%
Kalyan Jewellers posted a 49% YoY jump in Q1FY26 net profit to Rs 264 crore, driven by strong domestic and international growth. Revenue rose 31% YoY to Rs 7,268 crore, with upbeat outlook for the festive season.
Knowledge Realty Trust REIT becomes India’s largest and most subscribed REIT IPO at 13x
Knowledge Realty Trust REIT, co-sponsored by Sattva Group and Blackstone, received over 13 times subscription, making it India’s largest and most subscribed REIT IPO. Institutional and retail interest highlighted growing confidence in India’s commercial real estate sector.
OppenheimerFunds sells Kotak Mahindra Bank’s shares for Rs 2,035 cr
Asset management firm OppenheimerFunds on Thursday sold shares of private sector lender Kotak Mahindra Bank for Rs 2,035 crore through an open market transaction.
HPCL Q1 Results: Standalone PAT skyrockets 1,128% YoY to Rs 4,371 crore, revenue sees marginal decline
HPCL reported a sharp 1,128% year-on-year rise in Q1 standalone net profit to ₹4,371 crore, driven by strong refinery throughput and operational efficiency, despite marginally lower revenues and weaker refining margins.
Sebi introduces joint inspection framework for brokers, DPs
Markets regulator Sebi on Thursday mandated a unified annual inspection for stock brokers and depository participants to be conducted jointly by all relevant market infrastructure institutions, replacing the existing practice of separate assessments by each entity.
Gold price smashes all records at Rs 1.02 lakh/10 g! Is 38% profit in 2025 just the beginning?
Gold prices surged to a record Rs 1,02,155 per 10g on August 7 amid growing investor interest. Weak U.S. data, policy uncertainty, and tariff fears are fueling the rally, with analysts projecting 4–5% more upside.
This IPO to help Jhunjhunwala family beat bank FD returns with 7% payout. Here’s how
The Jhunjhunwala family invested ₹195 crore in the Knowledge Realty Trust REIT IPO, set to earn ₹13.65 crore annually at a 7% projected yield, surpassing prevailing bank FD rates. Investor response has been strong, with the IPO subscribed 6.91 times.
Zerodha’s Nithin Kamath calls for lower STT, higher leverage to boost trading volumes in cash, futures
Zerodha CEO Nithin Kamath criticized the high Securities Transaction Tax (STT), noting it’s higher than brokerage income and discourages trading in cash and futures. He said reducing STT and increasing intraday leverage could boost volumes. Kamath linked STT changes to a surge in options trading and called for balanced reforms.
Have money to deploy today? Put it in pharma funds, says Sandeep Tandon
Sandeep Tandon of Quant Mutual Fund believes India is decoupling from developed economies, particularly within the Asia-centric emerging market. He highlights the pharma sector as a key beneficiary in the current economic climate, dismissing concerns about significant US tariffs on Indian generics. Tandon advocates investing in pharma funds, viewing it as a straightforward and promising […]