Reliance Industries, retail arm, Reliance Retail has reintroduced Shein to the Indian market through the Shein India Fast Fashion app, nearly five years after the brand was banned. The platform offers locally manufactured, affordable clothing, initially catering to major metropolitan areas, with plans for nationwide expansion. Shein India Fast Fashion App Goes Live The Shein …
Va Tech Wabag, a leading small-cap company in the water supply and management sector, has secured a significant order worth over ₹3,200 crore in Saudi Arabia. The company announced that it has won a consortium order for an independent sewage treatment plant in Riyadh that produces 200 million litres per day (MLD). The order, valued at …
Life Insurance Corporation of India (LIC) has announced its financial results for the nine months ending December 31, 2024. Q3 FY 2025 Highlights The Profit After Tax (PAT) for this period stood at ₹29,138 crore, reflecting an 8.27% growth compared to ₹26,913 crore during the corresponding period in 2023. The company stated that it maintained …
Glenmark Pharmaceuticals Ltd has received a tax demand order from the Joint Commissioner of Central Goods and Services Tax and Central Excise (CGST & CX), Palghar, Maharashtra, amounting to ₹121.25 crore. The order, covering the period from 2017-18 to 2021-22, includes tax dues, interest, and penalties, the company disclosed in a regulatory filing on Friday. …
Mining conglomerate Vedanta Ltd has received two tax demand orders from the Office of the Commissioner, Central Goods and Services Tax (CGST) & Central Excise, Rourkela Commissionerate. The orders, both dated February 6, 2025, seek penalties totalling ₹141.36 crore, along with tax demands and applicable interest. Breakdown of the Tax Demand The first order imposes …
On Monday, February 10, 2025, the Indian stock market is expected to open on a weaker note, with benchmark indices Sensex and Nifty 50 likely to decline amid global market uncertainties. Here are the key stocks to watch today: Delhivery Delhivery reported an increase in its net profit for the December quarter, reaching ₹24.9 crore compared …
Aadhar Housing Finance, a non-banking finance company (NBFC), reported a 17.17% rise in its net profit for the third quarter of FY25. The company’s profit after tax (PAT) for Q3 FY25 stood at ₹239.34 crore, up from ₹204.37 crore in the same quarter last year. The total income for the quarter reached ₹797.64 crore, reflecting …
Bharti Hexacom shares surged by 7.7% on Thursday, reaching an intraday high of ₹1,412.95 on the BSE, following the release of its Q3 results after market hours. Stock Performance By 11:24 AM, Bharti Hexacom shares were up by 6.02%, trading at ₹1,390.1 on the BSE. In comparison, the BSE Sensex was up 0.19% at 78,203.18. …
Mahindra & Mahindra (M&M) reported strong growth in its financial results for Q3FY25, with higher profits and revenue. The company’s consolidated net profit rose 19.64% year-on-year (YoY) to ₹3,181 crore, compared to ₹2,658 crore in the same quarter last year. Revenue from operations increased 17.74% YoY to ₹41,465 crore from ₹35,218 crore in Q3FY24. Strong …
Ola Electric reported a net loss of ₹564 crore in Q3FY25, rising from ₹376 crore in the same quarter last year. In the previous quarter (Q2FY25), the company had a net loss of ₹495 crore. The company’s revenue from operations fell 19.36% year-on-year (YoY) to ₹1,045 crore, compared to ₹1,296 crore in Q3FY24. Ola Electric’s …
