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    • Forex gains, interest income from foreign securities helped RBI transfer higher surplus to Centre

      Forex gains, interest income from foreign securities helped RBI transfer higher surplus to Centre

      On May 23, the RBI Central Board has approved the transfer of Rs 2.69 lakh crores as surplus to the government for the financial year 2024-25.

    • TCS Q3 review: Experts divided on margins, rev performance

      TCS Q3 review: Experts divided on margins, rev performance

      Ankita Somani, IT Analyst, Angel Broking does not think TCS has surprised in the positive. Margins as well as dollar revenues came in below expectation.

    • Will recoup market share loss through Discover: Rajiv Bajaj

      Will recoup market share loss through Discover: Rajiv Bajaj

      Rajiv Bajaj, managing director, Bajaj Auto said a steep decline in volumes, (-10 percent in motorcycles and -25 percent in three-wheelers), and the company not passing on higher input costs of its upgraded three-wheeler model were the main reasons for the lackluster quarterly performance.

    • Ranbaxy Q1 net jumps 310% YoY on robust sales, forex gains

      Ranbaxy Q1 net jumps 310% YoY on robust sales, forex gains

      Pharma major Ranbaxy Wednesday reported a significantly better-than-expected four-fold year-on-year increase in consolidated net profit at Rs 1,247 crore, helped by strong sales growth, higher other income and forex gains.

    • Dr Reddy's Q3 beats street; cons net jumps 88% YoY

      Dr Reddy's Q3 beats street; cons net jumps 88% YoY

      Dr Reddy's Laboratories reported a better-than-expected 88% year-on-year rise in third quarter net profit at Rs 513 crore, helped by new high margin drug launches and foreign exchange gains.

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