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Crompton Greaves Consumer Electricals shares fell to a day’s low of ₹250 on Friday, even after posting strong Q1 results a day earlier. The company reported a 15.2% YoY jump in PAT to ₹143 crore (6.4% margin) and 11.8% YoY revenue growth to ₹2,235 crore, driven by broad-based performance across segments.
The outcome of the Karlapat bauxite block auction is significant, as aluminium makers and new entrants alike compete to secure long-term access to the mineral amid an aggressive capacity expansion cycle.
Malaysia Aviation Group (MAG) has ordered mandatory drug testing and stricter screening for pilots after a Malaysia Airlines pilot was arrested in Indonesia with 26 kg of MDMA.
Gold and silver prices climbed on the MCX on Friday, extending their recent gains as easing oil prices and expectations around U.S. interest rates supported sentiment. Investors are now awaiting the U.S. nonfarm payrolls report for clues on the Federal Reserve’s next policy move, while analysts advise caution ahead of the key data release.
Xiaomi India is launching its Mijia sub-brand for home and lifestyle products. This move aims to diversify the company’s offerings beyond declining smartphone shipments. The company plans to enter the large home appliances segment with local manufacturing partners. Mijia will join Xiaomi, Redmi, and Poco in the brand portfolio.
U.S. stock futures steady with nonfarm payrolls in focus
The Supreme Court declined to halt a Bombay High Court ruling on spectrum charges. This decision impacts Bharti Airtel and Vodafone Idea regarding past spectrum usage. The High Court had previously quashed the government’s ₹3,300 crore demand. This levy was for spectrum held beyond 6.2 MHz between 2008 and 2012. The Centre has now appealed…
India’s food regulator FSSAI has penalized AWL Agri Business Ltd for selling substandard oil. A sample of Fortune Fryola refined sunflower oil failed lab tests for Vitamin D. The company’s appeal confirmed significantly lower Vitamin D levels than prescribed. FSSAI imposed a penalty on AWL Agri Business Ltd for these violations. This action follows recent…
Rhetam TMT share price opened at ₹33.46 apiece today, as compared to previous close of ₹32.85 on Thursday.
IRCTC offers meticulously crafted tour packages to Japan specifically designed for Indian travelers. The all-inclusive packages encompass flights, accommodations, meals, and guided tours. Notable upcoming tours feature an extensive 8-night itinerary departing from Delhi and a 9-night adventure starting from Ahmedabad, highlighting iconic locations such as Tokyo, Kyoto, and Mount Fuji. Prices for these extraordinary…