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Debaroti Adhikary

Senior Sub Editor

Moneycontrol

Waaree Energies shares surge 16% after Q4 profit jumps 34%, revenue up 36% on year

BUSINESS

Waaree Energies shares surge 16% after Q4 profit jumps 34%, revenue up 36% on year

The company's EBITDA meanwhile jumped over 116 percent YoY to Rs 1,060 crore during the January-March quarter of financial year 2025.

Honasa vs HUL: Ghazal Alagh calls out 'disparaging' sunscreen ad, Lakme responds

BUSINESS

Honasa vs HUL: Ghazal Alagh calls out 'disparaging' sunscreen ad, Lakme responds

After a preliminary hiring on April 16, the Delhi High Court said that the Lakme ad appears to be 'disparaging' and has sought a response from Hindustan Unilever.

Gensol and BluSmart promoter Anmol Singh Jaggi diverted EV loans to purchase a DLF Camellias flat: SEBI

BUSINESS

Gensol and BluSmart promoter Anmol Singh Jaggi diverted EV loans to purchase a DLF Camellias flat: SEBI

'The promoters were running a listed public company as if it were a propriety firm. The company's funds were used for unconnected expenses, as if the company's funds were promoters' piggybank,' says SEBI

Nifty Bank extends gains for 3rd straight session; Federal Bank, BoB, PNB shares surge up to 2%

BUSINESS

Nifty Bank extends gains for 3rd straight session; Federal Bank, BoB, PNB shares surge up to 2%

The moderation in both headline and core inflation strengthens the case for a potential policy rate cut, said Mahendra Patil frokm MP Financial Advisory Services LLP

IREDA Q4 Results: Net profit surges 49% to Rs 502 crore, revenue up 37%

BUSINESS

IREDA Q4 Results: Net profit surges 49% to Rs 502 crore, revenue up 37%

The PSU company's revenue from operations meanwhile surged nearly 37 percent to Rs 1,905.06 crore.

GM Breweries Q4 net profit falls 30% to Rs 60 crore, declares Rs 7.5 dividend

BUSINESS

GM Breweries Q4 net profit falls 30% to Rs 60 crore, declares Rs 7.5 dividend

While the company's net profit tumbled, its revenue from operations increased over 6 percent YoY to Rs 663 crore in Q4 FY25.

Swiggy launches 'Pyng' app to cater to 'unmet demand' of professional services

BUSINESS

Swiggy launches 'Pyng' app to cater to 'unmet demand' of professional services

The app will help connect customers to verified professions including health & wellness experts, financial advisors, astrologers and spiritual experts, event planners and entertainers, travel and lifestyle experts and education and skill trainers.

Mehul Choksi arrested: When the fugitive was 'abducted' to Dominica after being honeytrapped

WORLD

Mehul Choksi arrested: When the fugitive was 'abducted' to Dominica after being honeytrapped

In 2021, Choksi was detained in Dominica, while allegedly attempting to flee to Cuba by boat. However, his lawyers claimed that he was forcibly abducted from Antigua and taken to Dominica, after being honeytrapped by a woman.

PNB fraud co-accused Mehul Choksi arrested: Timeline of events since the scam was uncovered

BUSINESS

PNB fraud co-accused Mehul Choksi arrested: Timeline of events since the scam was uncovered

The 65-year-old businessman who is a prime accused in the Rs 13,000 crore Punjab National Bank (PNB) fraud is likely to be extradited to India.

Mehul Choksi arrested: Here's a list of Indian fugitives who were and weren't extradited

BUSINESS

Mehul Choksi arrested: Here's a list of Indian fugitives who were and weren't extradited

Nirav Modi and his uncle Mehul Choksi are the prime accused in a Rs 13,850-crore scam related to the Punjab National Bank (PNB). Nirav Modi continues to remain in a prison in London for the last six years

Trump tariff flip-flop: How Indian markets fared in April as compared to global peers

BUSINESS

Trump tariff flip-flop: How Indian markets fared in April as compared to global peers

India has emerged as one of the five most resilient major markets globally, falling less than 3.5 percent since US President Donald Trump announced reciprocal tariffs, marking a sign of investor confidence despite trade tensions.

Small, midcap indices jump up to 3% on US tariff reprieve: Here are the top gainers

BUSINESS

Small, midcap indices jump up to 3% on US tariff reprieve: Here are the top gainers

On April 11, Sensex gained over 1,300 points, while Nifty jumped nearly 2 percent. The sharp recovery in the benchmark indices also spilled over to the broader markets.

Investors cheer Trump's tariff pause: These are the top gaining spaces

BUSINESS

Investors cheer Trump's tariff pause: These are the top gaining spaces

Sensex surged over 1,300 points, while Nifty closed nearly 2 percent higher.

Pharma stocks rally on Trump's tariff pause, led by up to 7% surge in Laurus Labs, Granules, Cipla

BUSINESS

Pharma stocks rally on Trump's tariff pause, led by up to 7% surge in Laurus Labs, Granules, Cipla

The recent global tariff changes have added uncertainty to markets, but India is being seen as better-positioned, with money managers pointing at sectors like banking, pharma, and energy as attractive bets.

Nifty IT pares early gains as escalating US-China trade war weakens dollar, TCS in red post-Q4 results

BUSINESS

Nifty IT pares early gains as escalating US-China trade war weakens dollar, TCS in red post-Q4 results

The IT sector has been one of the worst-hit in this global market rout as these companies derive major portions of their revenue from the American market. The Nifty IT index crashed over 10 percent between April 2 and April 9.

These sectors may benefit tomorrow as Trump pauses reciprocal tariffs for 90 days

BUSINESS

These sectors may benefit tomorrow as Trump pauses reciprocal tariffs for 90 days

After Trump made his 'Liberation Day' announcement and unveiled 26 percent tariff on India, Indian stock markets strongly reacted, accompanying global peers.

FMCG's domestic focus attracts investors as Trump tariffs make markets volatile

BUSINESS

FMCG's domestic focus attracts investors as Trump tariffs make markets volatile

The FMCG sector's defensive nature and domestic demand makes it an attractive bet for investors amid times of uncertainties, especially at a time when the markets are turning volatile owing to US President Trump's reciprocal tariffs.

Delhivery shares down 9% in two days after acquisition of Ecom Express stake for Rs 1,400 crore

BUSINESS

Delhivery shares down 9% in two days after acquisition of Ecom Express stake for Rs 1,400 crore

Emkay Global said that despite the scale benefits which will be enjoyed by Delhivery post acquisition, there will be significant cost synergies which will have to be realized over the next 12-18 months.

Jio Financial shares rise 6% as top Nifty gainer on foray into loans against securities

BUSINESS

Jio Financial shares rise 6% as top Nifty gainer on foray into loans against securities

Customers will be able to leverage their investments like shares and mutual funds to avail loans of up to Rs 1 crore in just 10 minutes through the Jio Finance App.

Mazagon Dock's FY25 turnover rises 14%, declares 2nd interim dividend of Rs 3 per share for FY25

BUSINESS

Mazagon Dock's FY25 turnover rises 14%, declares 2nd interim dividend of Rs 3 per share for FY25

The record date to determine the eligibility of shareholders set to receive the payment has been set at April 16.

Metal index snaps three-day slump; Adani Enterprises, JSW Steel, others rise up to 6% on China stimulus hopes

BUSINESS

Metal index snaps three-day slump; Adani Enterprises, JSW Steel, others rise up to 6% on China stimulus hopes

Investors had sold off metal shares on worries over a possible US recession and the implications of a global trade war. However, reports of China considering a stimulus and the weakness in US dollar has likely helped metal stocks stage a recovery.

Nifty Bank attempts rebound after tariff turmoil and ahead of MPC outcome

BUSINESS

Nifty Bank attempts rebound after tariff turmoil and ahead of MPC outcome

The volatility seen around bank stocks also comes amid anticipation of a rate cut by RBI’s MPC, which is set to announce its decision on April 9.

DLF, Godrej Properties, other realty stocks crash up to 8% as Trump tariffs trigger US recession fears

BUSINESS

DLF, Godrej Properties, other realty stocks crash up to 8% as Trump tariffs trigger US recession fears

While US recession and inflationary pressure remain in sight following Trump's tariffs, few experts suggest that the effect may spill over to the global market

Banking shares drag Nifty Bank lower by 3% as Trump tariffs trigger recession fears

BUSINESS

Banking shares drag Nifty Bank lower by 3% as Trump tariffs trigger recession fears

ICICI Bank and HDFC Bank shares are down 3% each, contributing the most to the decline on Nifty Bank index.

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