BSE Q2 Results: Cons PAT soars 61% YoY to Rs 558 crore, revenue surges 44%
BSE Q2 Results: BSE reported a significant 61% year-on-year growth in its consolidated Q2 net profit, reaching Rs 558 crore. Revenue from operations also surged by 44% to Rs 1,068 crore. Sequentially, the company saw a 3.5% increase in profit and a 12% rise in topline.
States should give industry incentives on time: Union Minister Piyush Goyal
Union Minister Piyush Goyal urged states to disburse promised industrial incentives on time and simplify laws to attract investments. He emphasized the importance of quality control orders in boosting domestic manufacturing and consumer safety. The minister also highlighted the need to focus on eastern and north-eastern states for economic growth.
NSE says its electricity futures emerge as key price benchmark in India’s power market
NSE’s electricity futures are emerging as a benchmark for power price discovery, with close alignment to physical market rates, enhancing transparency, efficiency, and integration in India’s evolving energy market.
Ikea India sales grows 6% YoY to Rs 1,860 crore, eyes profitability in 2 years
Ikea India reported 6% YoY sales growth to Rs 1,860.8 crore in FY25 and 12% EBITDA growth, targeting profitability within two years amid expanding online and North India presence.
Nithin Kamath says Robinhood makes Rs 1,300 crore from just instant withdrawals, calls US banking system ‘broken’
Zerodha’s Nithin Kamath compared India’s UPI-led payments ecosystem with the US, noting Robinhood earns Rs 1,300 crore yearly from instant withdrawal fees, highlighting India’s cost-free and efficient payment infrastructure.
Vijay Kedia-backed Atul Auto shares soar 14% after Q2 PAT jumps 70% YoY
Shares of Vijay Kedia-backed Atul Auto surged rose sharply after the company posted a 70% year-on-year jump in Q2 net profit to Rs 9.2 crore. Revenue rose 10% to Rs 200 crore, driven by higher sales volumes and improved operational performance in its commercial three-wheeler segment.
Single window systems in WB, Odisha, Andhra, 5 yr tax holiday for startups in Bihar: Assocham
ASSOCHAM has proposed digitized single window systems and a unified annual compliance form for MSMEs. These measures aim to boost investment and competitiveness across Indian states. The report highlights specific recommendations for states like West Bengal, Odisha, and Andhra Pradesh.
Gold price’s Rs 8,200 surge in 10 days may pose warning signal. What should investors watch now?
Indian gold prices have seen a significant jump, nearing Rs 1,26,000 per 10 grams. This rise is driven by positive global sentiment regarding the US government shutdown resolution and expectations of US Federal Reserve interest rate cuts. Strong domestic demand from the wedding and festive season further supports this upward trend.
97% Sebi enforcement orders since 2013 targeted trading-call providers: Report
An ARIA analysis shows that trading-call providers—both registered and unregistered—accounted for nearly 97% of Sebi’s enforcement orders under the Investment Advisers framework since 2013. Of 218 orders issued until March 2025, only six involved registered investment advisers, none of which led to investor losses. The findings highlight high compliance standards among genuine fiduciary advisers.
NALCO shares zoom 12% in 2 days on strong Q2 earnings, brokerage optimism. What should investors do?
NALCO shares saw a sharp uptick in two days after reporting strong Q2 results, with net profit up 37% YoY to Rs 1,430 crore. Brokerages including Axis Securities, PL Capital, and Emkay Global remain bullish, citing cost efficiency, expansion projects, and improving aluminium prices as key growth drivers.