Business

Varun Beverages Limited, one of the largest franchisees of PepsiCo globally, has delivered another strong operational performance, recording an impressive 14 percent year-on-year increase in consolidated net profit. The beverage giant, which accounts for a substantial share of PepsiCo’s beverage volume in India and key international markets, continues to demonstrate …

Friday morning opened on an electrifying note across Dalal Street, but one corner of the trading floor caught almost everyone off guard. Several newly demerged companies under the Vedanta conglomerate began climbing within minutes of the opening bell. The most dramatic move came from Vedanta Oil and Gas, whose shares …

Trading desks across Mumbai, Delhi-NCR, Bengaluru, and Kolkata witnessed a decisive return of risk appetite during today’s market session as domestic benchmark equity indices erased recent consolidation and surged higher. The 30-share BSE Sensex jumped several hundred points to confidently push past the crucial resistance threshold of 73,800, while the …

Automotive component manufacturer Hero Motors Limited has emerged as one of the most closely tracked momentum stocks on Dalal Street, locking into its 5% upper circuit limit for the third consecutive trading session. Nearly a month after making its market debut in late September, the counter opened with heavy buying …

Investor sentiment across Indian equity markets turned electrifying on Thursday as shares of Aeroflex Industries staged a commanding intraday rally, surging as much as 18 percent on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Spurred by a breathtaking second-quarter earnings scorecard that caught market participants by surprise, …

The Employees’ Provident Fund Organisation (EPFO), which manages the retirement assets of over 30 crore formal sector employees with an aggregate corpus exceeding ₹30 lakh crore, stands on the cusp of an unprecedented financial transformation. In a decisive strategic shift away from an almost exclusive dependence on ultra-conservative government bonds …

A historic realignment has rewritten India’s corporate rankings following the blockbuster stock market debut of Jio Platforms. Surging over 21% above its issue price on debut, the telecom and digital giant achieved a market capitalisation of approximately ₹12.5 lakh crore, instantly becoming India’s second-most valuable publicly traded firm behind its …

In a major leadership realignment at India’s largest conglomerate, Tata Trusts Chairman Noel Tata is scheduled to step down from the boards of six prominent operating companies across the Tata Group. While the headline might suggest an internal shake-up, the transition is not the result of sudden corporate friction, executive …

Domestic equity benchmarks opened under intense selling pressure, halting recent consolidation moves as the BSE Sensex sank well below the critical 73,300 support mark. The NSE Nifty 50 slipped deeper into the red, reflecting widespread risk aversion across major sectors. Persistent foreign institutional investor (FII) outflows, mixed global cues, and …

Shares of indigenous aerospace and defence manufacturer Sigma Advanced Systems Limited hit their 5% upper circuit limit after bagging an international contract valued at USD 102.23 million (approximately ₹973 crore) from a NATO alliance customer. The landmark deal underscores the accelerating appetite for Indian-manufactured precision military hardware across Western defence …