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The NTPC Green Energy Ltd (NGEL) board will next week consider a proposal to raise up to Rs 5,000 crore through issuance of bonds in one or more tranches in fiscal 2025-26. NGEL is an umbrella company for the green business initiatives of state-owned power giant NTPC. The board meeting is scheduled for...
Drug firm Laurus Labs on Thursday said its consolidated profit increased three-fold to Rs 234 crore for the March quarter, driven by strong sales. The Hyderabad-based company reported a net profit of Rs 76 crore for the same quarter of FY24. Revenue increased to Rs 1,720 crore for the fourth quarter as...
Axis Bank Q4 FY25 Results: Private sector lender Axis Bank on Thursday reported a net profit of Rs 7,118 crore for the quarter ended March 31, almost unchanged from the corresponding period a year ago but slightly lower than analysts’ expectations. Its net interest income–or the difference betwee...
Eternal Group, the parent company of Zomato, has dismissed media reports suggesting that Rakesh Ranjan, the CEO of its food delivery business, has resigned. In a stock exchange filing on Thursday, the company clarified that Ranjan continues to serve in his leadership role and has not tendered any resign...
Tech Mahindra Q4FY25 Results: IT services and consulting firm Tech Mahindra for the March quarter reported a 18.7 per cent growth in net profit quarter-on-quarter (QoQ) to Rs 1,167 crore. On a year-on-year (YoY) basis, the profit grew 76.5 per cent. Zee Business research anticipated net profit to come i...
Bengaluru-based IT giant Infosys reported a net profit of Rs 7,033 crore for the March 2025 quarter, down 12 per cent YoY. While revenue rose marginally on a quarter-on-quarter basis to Rs 41,850 crore as per Zee Business estimates, it was down by 2 per cent sequentially to Rs 40,925 crore as per offici...
As many as 8 places, including Noida and Gurugram, related to FITJEE, were raided in connection with the coaching centre scam. Raids are being conducted at places of FIITJEE promoter DK Goyal and some other people. The ED team has seized documents, laptops, mobiles, and many digital devices from the pre...
FMCG major Hindustan Unilever Ltd (HUL) reported a standalone net profit of Rs 2,493 crore for the January–March quarter, marking a 2.6 per cent year-on-year increase. This matches closely with Zee Business’ estimate of Rs 2,447 crore. The stock traded 1.4 per cent higher post the announcement, at...
Life Insurance Corporation of India (LIC), the country’s largest life insurer, registered new business premium to the tune of an impressive Rs 2,26,669.91 crore in for FY25, which includes a record Rs 62,404.58 crore from individual new business, according to data released by the Life Insurance Co...
SBI Life Insurance is scheduled to release its Q4FY25 results on Thursday, April 24, and early indicators suggest a mixed performance. According to Zee Business estimates, the insurer’s first-year premium (FYP) has declined by 11.4 per cent year-on-year to approximately Rs 3,871 crore a sharp drop that...
360 One Wam Dividend; Record, Payment Dates, Q4 Results: 360 ONE WAM Ltd, an Indian wealth and asset management firm, on Wednesday declared a total dividend payout of Rs 6.00 per share for the FY25. The company has announced an interim dividend for FY 2025‐26 of Rs 6 per share with a face value of Re .....
Tata Consumer Products Q4 FY25 Results: Tata Consumer Products on Wednesday reported a consolidated net profit of Rs 345 crore for the January-March period, marking a 59 per cent jump over the corresponding period a year ago. Tata Consumer Products, whose shares are traded with the symbol TATACONSUM on...
Tech Mahindra Q4 Results Preview: IT services and consulting firm Tech Mahindra is slated to report its March quarter earnings on April 24, 2025. Zee Business research analysts expect the largeca company to report steady earnings for the quarter ending March 31, 2025. However, PAT during the December qu...
Tata Group’s consolidated airline operations, Air India Chief Executive Officer and Managing Director Campbell Wilson will relinquish his position as Chairman of Air India Express. He will be succeeded by Nipun Aggarwal, who is the current Chief Commercial Officer (CCO) of the airline. Wilson, who...
LTIMindtree Q4 FY25 Results Preview: IT major LTIMindtree is set to report its financial results on Wednesday, April 23. Analysts expect the Mumbai-headquartered software exporter to stage a strong financial performance for the final three months of FY25. According to Zee Business research, LTIMindtree...
Maharashtra Scooters Dividend 2025: Bajaj Holdings’ subsidiary—Maharashtra Scooters, a midcap firm—declared a dividend of 300 per cent on Wednesday, April 23, 2025. The automobile company announced a final dividend of Rs 30 per share, on a face value of Rs 10, for FY25. Maharashtra Scooters’...
Shares of Schaeffler India, CIE Automotive India, and Elantas Beck India came under focus on Wednesday as the companies traded ex-dividend. The record date for identifying eligible shareholders for the dividend payouts is set for today, April 23, 2025. Investors were required to purchase the stocks by T...
Havells India on Tuesday announced a consolidated net profit of Rs 518 crore for the quarter ended March 31, marking a rise of 15.9 per cent over the corresponding period a year ago. Its revenue grew 20.2 per cent to Rs 6,544 crore, according to a regulatory filing. Havells India Q4 FY25 Results | How...
HCL Technologies Ltd. reported a mixed set of earnings for the March 2025 quarter, with revenue meeting estimates but profit taking a sequential dip. The company has trimmed its FY26 revenue growth guidance to 2–5 per cent, citing an uncertain demand environment and early signs of tariff-related headwin...
State-owned Power Finance Corporation on Tuesday said it is actively pursuing further action and “exploring all possible options” on pending dues of Rs 307 crore from Gensol Engineering which came under market regulator Sebi’s lens for fund diversions and governance lapses. The company has also fi...
HCLTech Q4 FY25 Results: Noida-based IT technology company HCLTech on Tuesday reported a consolidated net profit of Rs 4,307 crore for the quarter ended March 31, marking a sequential decline of 6.2 per cent. Its revenue grew 1.2 per cent on a quarter-on-quarter basis to Rs 30,246 crore for the January-...
Hyundai Motor India Ltd on Tuesday said it has partnered with Indian Oil Corporation Ltd to explore viability for mass-use of Hydrogen fuel cell vehicles in India. The company has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation, under which it has handed over one Hyundai NEXO Hydr...
HCLTech Q4 Results Interim Dividend Latest Update: Largecap IT firm, HLC Tech, announced its fourth-quarter (January-March) (FY2425) results today (Tuesday, April 22, 2025), declaring an interim dividend of Rs 18 per equity share (900 per cent) of the face value of Rs 2 each “The Board of Director...
Tata Communications Dividend: Tata Communications Ltd, a telecommunications firm of the Tata Group, announced a final dividend of 250 per cent after the market session closing on Tuesday, April 22, 2025. The Mumbai-headquartered company declared a dividend of Rs 25 per share for shareholders holding sha...
AU Small Finance Bank Q4 Results: AU Small Finance Bank on Tuesday reported 18 per cent rise in profit at Rs 504 crore for March quarter FY25 on account of increase in core income. The bank’s net profit was Rs 428 crore in the year-ago quarter. During the latest fourth quarter, the bank’s to...
Tata Communications Q4 FY25 Results: Tata Communications on Tuesday reported a net profit of Rs 1,040 crore for the quarter ended March 31, marking a 4.4 times jump over the previous three months. Its revenue grew 3.3 per cent sequentially to Rs 5,990 crore, according to a regulatory filing. The compan...
Coming down hard on yoga guru Ramdev, the Delhi High Court on Monday said his remarks on beverage Rooh Afza are shocking and inexcusable. The matter relates to Ramdev’s comments on the product by Hamdard that were widely criticised for their communal undertones, triggering the beverage maker to file a l...
Company name Result Date AU Small Finance Bank Ltd 22-Apr-25 CDG Petchem Ltd 22-Apr-25 Cella Space Ltd 22-Apr-25 Choice International Ltd 22-Apr-25 CISTRO Telelink Ltd 22-Apr-25 Cyient DLM Ltd 22-Apr-25 Delta Corp Ltd 22-Apr-25 Hathway Cable & Datacom Ltd 22-Apr-25 Havells India Ltd 22-Apr-25 HCL Te...
Nestle India Q4 FY25 Results Preview: Nestle India is set to report its earnings for the January-March period as well as the year ended March 31 on Thursday, April 24. Analysts expect the FMCG major to stage a mixed financial performance for the final three months of the financial year gone by. Nestle...
Walmart group e-commerce firm Flipkart on Tuesday said it will shift its domicile to India from Singapore– a move that can be seen as a step towards a potential public listing in the country. At present, Flipkart is headquartered in Singapore. “Flipkart, India’s homegrown e-commerce pl...
Cognizant CEO Ravi Kumar’s targeted package Rs 137 crore; earns Rs 70 crore; here’s why The targeted pay package of Ravi Kumar S, CEO of IT company Cognizant, stood at Rs 137 crore in the financial year 2024 (FY24), according to the company’s filing with the United States Securities and Exch...
Muthoot Finance Dividend 2025: Major gold loan NBFC, Muthoot Finance, has announced a dividend payout of 260 per cent during Monday’s market session. The company’s board of directors held a meeting in which they approved an interim dividend of Rs 26 per equity share for the financial year 20...
HCLTech Q4 FY25 Results Preview: Noida-based IT technology company HCLTech is set to announce its financial results for the quarter as well as the year ended March 31 on Tuesday, April 22. Analysts expect the IT major to stage a weak performance for the January-March period, with factors such as seasona...
State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,346.24 crore from seven public sector banks, the company said in a regulatory filing. The loss-making public sector telecom firm’s total debt obligations reached Rs 33,568 crore as on March 31, 2025, according to the filing dated A...
JSW Energy’s Rs 16,000 crore capex for setting up its largest greenfield power plant – a 1,600-MW ultra-supercritical thermal unit- at Salboni in West Bengal will be the “most competitive” in terms of capital cost per megawatt among recent projects, company officials said on Sund...
Markets regulator Sebi has said it found “no manufacturing activity” at Gensol Engineering’s electric vehicle (EV) plant in Pune with only 2-3 labourers present when a National Stock Exchange (NSE) official visited the site. These revelations were part of markets regulator Sebi’s...
Realty firm Macrotech Developers’ net debt fell by 7 per cent in the January-March quarter to nearly Rs 4,000 crore on strong housing sales and fund collections from customers. Macrotech Developers, which sells properties under the Lodha brand, is one of the leading real estate developers in the c...
State-owned engineering firm BHEL on Sunday posted a 19 per cent on-year growth in revenue at Rs 27,350 crore for the fiscal year 2024-25. The company also secured its highest-ever order inflows during the year, amounting to Rs 92,534 crore, a company statement said. With this, BHEL’s total order...
ICICI Bank on Saturday, April 19, reported a 15.7% year-on-year rise in consolidated net profit for the quarter ended March 2025, reaching Rs 13,502 crore, compared to the same period last year. The robust performance was driven by a steady rise in core income and improved asset quality. On a standalon...
Logistic firm Delhivery Ltd and Ecom Express have sought Competition Commission of India’s approval for their Rs 1,400-crore deal. Under the deal announced on April 5, Delhivery will acquire a controlling stake in Ecom Express for a cash consideration of Rs 1,400 crore. While Delhivery is a listed...
HDFC Bank, the country’s largest private sector lender, posted a 6.7 per cent year-on-year rise in standalone net profit to Rs 17,616 crore for the fourth quarter of FY25. The bank’s net interest income (NII) for the quarter rose 10.3 per cent YoY to Rs 32,070 crore. Net revenue for the January-March pe...
Driven by the industrial and services sectors, the number of active companies in the country surged by more than 162,800 last fiscal (FY25). According to latest data from the Ministry of Corporate Affairs (MCA), new business registrations surged as services sector accounted for about two-thirds of all n...
Havells Q4 Earnings Preview: Consumer electricals major Havells India, known for its diverse portfolio of fans, appliances, cables, and the Lloyd brand of air conditioners, is set to announce its fourth-quarter results for FY25 on April 30. According to Zee Business research, the Noida-based FMEG (fast-...
Tata group design and technology service provider Tata Elxsi said on Thursday that it had won a strategic, multi-year deal to the tune of 50 million euros from a leading European-headquartered automotive original equipment manufacturer (OEM), positioning it has a key engineering partner for platform and...
India’s FMCG giant ITC Ltd announced the acquisition of a 100 per cent stake in Sresta Natural Bioproducts Pvt Ltd, the maker of 24 Mantra Organic, for up to Rs 472.50 crore on a cash-free, debt-free basis. The move will bolster ITC’s Foods Business, aligning with its ‘ITC Next’ strate...
The Reserve Bank of India (RBI) on Thursday declared that it has imposed monetary penalties on several major financial and banking services firms due to certain deficiencies in regulatory compliance. The central bank has imposed the fine on three banks, including public sector and private sector banks...
Tata Elxsi Q4 FY25 Results: Tata group design and technology services company Tata Elxsi on Thursday reported a net profit of Rs 172.4 crore for the quarter ended March 31, marking a fall of 13.4 per cent compared with the previous three months. Its quarterly revenue decreased to Rs 908.3 crore, a seque...
Menon’s resignation came a day after Sebi on Tuesday barred Gensol Engineering and its promoters — Anmol Singh Jaggi and Puneet Singh Jaggi — from the securities markets till further orders in a fund diversion and governance lapses case. In his resignation letter addressed to Anmol Sin...
Tata Elxsi Dividend: Tata Elxsi, a leading software company under the Tata group, has declared a dividend of Rs 75 per share for the financial year 2025. The company’s board, in a meeting held on April 17, 2025, approved the dividend, which was announced after the market session. Additionally, the...
HDFC Life Q4FY25 results, HDFC Life share news: HDFC Life reported its March quarter earnings post-market hours on Thursday (April 17, 2025). For the review quarter, the life insurer’s standalone net profit grew 16 per cent to Rs 477 crore. In the corresponding period of the same fiscal year, prof...
