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Business Standard

Fortis revenue rises 12% on strong hospital biz

Healthcare major Fortis Healthcare on Friday reported a 5 per cent year-on-year (Y-o-Y) rise in consolidated net profit for the September quarter of financial year 2024-25 (Q2FY25) at ₹193 crore, up from ₹184 crore reported in the same period last year.

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1 min  |
November 09, 2024
Vedanta swings into black in Sep quarter
Business Standard

Vedanta swings into black in Sep quarter

Anil Agarwal-promoted Vedanta Ltd on Friday reported a consolidated net profit of ₹4,352 crore (attributable to the owners of the company) for the September quarter (Q2) against a loss of ₹1,783 crore in the year-ago period, helped by a one-time gain and improved performance.

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1 min  |
November 09, 2024
Business Standard

LIC profit slips 4%, net premium income up 11%

MD & CEO reveals plans to buy stake in health insurer by FY25-end

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1 min  |
November 09, 2024
TaMo Q2 earnings down 11% as EV, SCV go slow
Business Standard

TaMo Q2 earnings down 11% as EV, SCV go slow

Revenue dips 3.5% as demand, supply challenges persist

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1 min  |
November 09, 2024
Business Standard

Satellite spectrum allocati0n:.]io, Airtel bat for restricted Validity of S-S years

Bharti Airtel and Reliance J io are pushing for a restricted validity on the assignment of spectrum for satellite broadband communications, proposing an initial period of three-five years before a government reassessment ofthe assignment terms and pricing methodology.

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2 mins  |
November 09, 2024
Swiggy, Zomato breached antitrust laws: CCI probe
Business Standard

Swiggy, Zomato breached antitrust laws: CCI probe

An investigation by the country's antitrust body, the Competition Commission of India (CCI), found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show.

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1 min  |
November 09, 2024
Business Standard

SBI's earnings shoot up 28%, beat estimates

Other income expands sharply but provisioning too

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3 mins  |
November 09, 2024
Business Standard

Higher volume, profitability gains for GAIL India

GAIL India's second quarter (Q2FY25) performance met expectations.

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3 mins  |
November 08, 2024
Business Standard

MULTI-ASSET ALLOCATION FUNDS: Ensure fund's equity exposure and strategy match your risk appetite

A recent analysis by Ventura Securities of 25 multi-asset allocation funds (MAAFs) reveals that many of these funds have outperformed a large number of equity schemes over 1-5-year timeframes.

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2 mins  |
November 08, 2024
Business Standard

Markets fall over 1% after two-day rally

IN THE RED Sensex intraday

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1 min  |
November 08, 2024
Industry bodies urge FinMin to ease TDS rate structure
Business Standard

Industry bodies urge FinMin to ease TDS rate structure

Proposal seeks to lessen compliance burden on taxpayers and avoid litigation

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1 min  |
November 08, 2024
After SC rap, Centre doubles penalty for stubble burning
Business Standard

After SC rap, Centre doubles penalty for stubble burning

Burning issue

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1 min  |
November 08, 2024
Business Standard

Proactively made all disclosures, recusals: Sebi WTM on Cong's charges

Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.

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1 min  |
November 08, 2024
Business Standard

Market regulator may water down skin-in-game rules for MF executives

The Securities and Exchange Board of India (Sebi) has shown intent to relax the skin-in-the-game norms applicable to senior executives of the mutual fund (MF) industry.

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1 min  |
November 08, 2024
Business Standard

MSCI adds 5 Indian stocks to key index

MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weighting on the index to 20 per cent, further narrowing the gap with China.

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1 min  |
November 08, 2024
Trump's triumph: Will bulls run amok and gold, silver sparkle?
Business Standard

Trump's triumph: Will bulls run amok and gold, silver sparkle?

Top brokerages highlight opportunities, risks, and contradictions the new administration may offer

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3 mins  |
November 08, 2024
REIMAGINING ROLE OF AGRICULTURE
Business Standard

REIMAGINING ROLE OF AGRICULTURE

In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics

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6 mins  |
November 08, 2024
Inside the world of mad billionaires
Business Standard

Inside the world of mad billionaires

Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.

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3 mins  |
November 08, 2024
Business Standard

Funding education

Easy financial assistance is not enough

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2 mins  |
November 08, 2024
Business Standard

Policy approach

RBI is acting selectively and with care

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2 mins  |
November 08, 2024
Central banks have the last laugh
Business Standard

Central banks have the last laugh

They've tamed record inflation without triggering a recession whether through tactical genius or sheer luck is anybody's guess

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4 mins  |
November 08, 2024
Reaching new heights of policy success
Business Standard

Reaching new heights of policy success

For over two decades, various government committees—spanning different political dispensations—recommended the corporatization of the 200-year-old Ordnance Factory Board (OFB) to modernize operations.

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4 mins  |
November 08, 2024
How Musk's clout with Trump may help his firms
Business Standard

How Musk's clout with Trump may help his firms

Elon Musk's (pictured) backing of Donald Trump's decisive victory for a second presidency gives the billionaire entrepreneur extraordinary influence to help his companies secure favorable government treatment.

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2 mins  |
November 08, 2024
I concede this election but not the fight: Harris
Business Standard

I concede this election but not the fight: Harris

US Vice-President Kamala Harris told supporters to accept her election loss at the hands of President-elect Donald Trump but urged them to keep fighting for the ideals she espoused in her campaign as she publicly conceded the 2024 presidential race.

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1 min  |
November 08, 2024
'Trump's America': Resounding win signals a different kind of country
Business Standard

'Trump's America': Resounding win signals a different kind of country

In her closing rally on the Ellipse last week, Kamala Harris scorned Donald Trump as an outlier who did not represent America. \"That is not who we are,\" she declared. In fact, it turns out, that may be exactly who we are. At least most of us.

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5 mins  |
November 08, 2024
Xi congratulates Trump, calls for stable ties
Business Standard

Xi congratulates Trump, calls for stable ties

Chinese President Xi Jinping (pictured) on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the US to find the right way to manage the differences by strengthening dialogue and communication.

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1 min  |
November 08, 2024
More checks, balances needed to curb fraud'
Business Standard

More checks, balances needed to curb fraud'

India's digital platforms and ecosystems need to be a step ahead of the fraudsters with more layers of protection and a strong focus on education, as the country grows leaps and bounds in digitization, said industry stalwarts at a session in Mumbai on Thursday.

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3 mins  |
November 08, 2024
Valuations limit upsides in near term: Mkt gurus
Business Standard

Valuations limit upsides in near term: Mkt gurus

The equity valuation premium for the Indian stock markets has \"limited room to expand\" in the short to medium term despite the country's economy on a structurally sound path, said market analysts at the Business Standard BFSI Insight Summit on Thursday.

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3 mins  |
November 08, 2024
Supply pressure for affordable housing despite strong demand
Business Standard

Supply pressure for affordable housing despite strong demand

Despite increasing demand for affordable housing in India, there is a shortage of supply as developers are not adding inventory for end customers, housing finance experts said at Business Standard BFSI Summit on Thursday.

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3 mins  |
November 08, 2024
Regulatory compliance key to consumer protection
Business Standard

Regulatory compliance key to consumer protection

Fintech leaders and industry experts emphasized the crucial role of regulatory compliance in ensuring consumer protection and fostering long-term business success.

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2 mins  |
November 08, 2024