Households invest record Rs 5.43 lakh crore in mutual funds
Indian households demonstrated a structural shift in FY25. They pulled Rs 54,786 cr from secondary equities but doubled primary investments. A record Rs 5.43 lakh crore went into mutual funds, nearly doubling total securities market savings to Rs 6.91 lakh crore, favoring financial assets.
Apollo Hospitals Q4 Results: Cons PAT jumps 36% YoY to Rs 529 crore, revenue rises 18%; Rs 10 per share dividend declared
Apollo Hospitals reported strong Q4 FY26 results: consolidated PAT surged 36% YoY to Rs 529 crore, and revenue increased 18% to Rs 6,605 crore. EBITDA grew 31% to Rs 1,011 crore. The company declared a Rs 10 dividend.
NCDEX launches India’s first weather derivatives contract based on Mumbai rainfall
NCDEX has announced India’s first SEBI-approved exchange-traded weather derivatives contract, “RAINMUMBAI”, aimed at helping market participants hedge risks arising from monsoon rainfall fluctuations. The contract, based on IMD rainfall data and developed with IIT Bombay, seeks to create a regulated framework for managing climate-linked financial risks across sectors.
Global funds ready for further Rupee weakness with 100 in sight
Global investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven by rising oil import costs due to the US-Iran conflict and investor preference for the greenback. The rupee’s decline has already eroded local gains for foreign funds, prompting concerns about potential central bank […]
India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: Report
India’s manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing share, India aims to increase R&D expenditure to 2% by 2035, requiring greater private sector involvement and stronger innovation ecosystems. This transition to innovation-driven manufacturing is crucial for long-term global competitiveness.
Ola Electric Q4 Results: Net loss contracts 42% YoY to Rs 500 crore, revenue tanks 57%
Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for the March quarter, marking a contraction of 42.5% from Rs 870 crore reported in the same period last year. This is attributable to the owners of the company.
Lenskart Q4 Results: Profit falls 9% YoY to Rs 200 crore, but revenue jumps 46%
Lenskart Q4 Results: Revenue from operations increased 46% YoY to Rs 2,516 crore.
Stock market rebounds: Sensex recovers 790 points from day’s low, Nifty closes above 23,650
Indian stock markets staged a strong recovery, erasing morning losses. The Sensex and Nifty closed higher as oil prices dropped below $110 per barrel. Bond yields also eased from record highs. Investor sentiment improved broadly across market segments. The Indian Rupee, however, hit a fresh record low against the US dollar. Foreign investors resumed selling […]
Execution and balance sheet strength will decide EMS sector winners: Praveen Sahay
Investors are now prioritizing financial discipline in the electronics manufacturing services sector. Companies are expanding and investing heavily, leading to increased focus on cash flows and working capital. Companies like Amber Enterprises India and Dixon Technologies India are navigating these changes. Kaynes Technology India faces execution challenges. The sector is entering a phase of selective […]
Vi shares double investments in 1 year. What lies ahead?
Vodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. While some see potential catalysts like government support and promoter infusion, many highlight significant challenges. Key concerns include securing crucial bank funding for capex and regaining market share. Investors await further developments on debt […]