Indus Towers’ shares surged by nearly 2% following a 160% YoY jump in Q3 net profit to Rs 4,003 crore, driven by increased tower additions and overdue collections from Vodafone Idea. The company plans to expand into the EV charging sector and expects significant dividend payouts, with analysts maintaining a ‘Buy’ rating.
FM Sitharaman takes part in customary halwa ceremony; marks final stage of Budget preparation
Finance Minister Nirmala Sitharaman participated in the traditional ‘halwa’ ceremony, marking the final stage of preparing the Union Budget 2025-26. This custom signifies the ‘lock-in’