Mumbai, Feb 2 (PTI) – Young sensation Abhishek Sharma delivered a batting masterclass at the Wankhede Stadium, smashing a breathtaking 135 off just 54 balls, setting new benchmarks in Indian T20I history. His blitzkrieg knock, featuring 13 towering sixes and 7 fours, powered India to a formidable 247/9 in the fifth and final T20I against England on Sunday.At just 24 years old, Abhishek etched his name into the record books with a fearless display of power hitting, dismantling England's...
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New Delhi, Feb 2 (PTI) – As the high-stakes Delhi Assembly elections draw closer, Prime Minister Narendra Modi on Sunday termed the Union Budget 2025 as the "most middle class friendly budget in India's history." Addressing a massive election rally in RK Puram, he highlighted the tax relief measures introduced by Finance Minister Nirmala Sitharaman, asserting that never before have those earning up to ₹12 lakh annually received such significant benefits.With just three days to go until the...
A Transformative Budget for India's Growth
The Union Budget 2025 marks a significant milestone in India's development journey, addressing the aspirations of 140 crore citizens. **Prime Minister Narendra Modi highlighted: that this budget is designed to fulfill the dreams of every Indian and acts as a force multiplier for economic growth. It aims to increase savings, boost investment, and accelerate consumption, thereby driving national progress.A People-Centric and Growth-Oriented Budget...
New Delhi, Feb 1 2025 – In a landmark move aimed at bolstering India's middle class, the government has announced a substantial revision in personal income tax slabs and exemptions. Recognizing the critical role of the middle class in the country's economic growth, the government has progressively reduced tax burdens, ensuring increased disposable income for households.
Democracy, Demography, and Demand: Pillars of Growth
The government, under the leadership of Prime Minister Narendra Modi...
📢 Watch the Live Broadcast of the Union Budget 2025 here:Budget 2025: Date, Time, and Expectations
The Union Budget 2025 will be presented tomorrow, marking a crucial economic milestone for India. As the country awaits the budget announcement, finance experts, business leaders, and taxpayers are keen to understand the changes in budget income tax slabs, economic policies, and stock market impacts.📅 Budget Date 2025
The budget date 2025 is February 1, 2025, in line with tradition...
Ahmedabad, January 31, 2025 – Gujarat Mineral Development Corporation Limited (GMDC) (BSE: 532181 | NSE: GMDCLTD) announced its unaudited financial results for Q3 FY25, showcasing robust revenue growth and improved profitability. The Board of Directors approved the results at their meeting held on January 31, 2025.Key Financial Highlights (Standalone)
(₹ in Crore)ParticularsQ3 FY25 (31-Dec-24)Q2 FY25 (30-Sep-24)Q3 FY24 (31-Dec-23)9M FY259M FY24FY24 (Audited)Total...
Pune, India | January 31, 2025 – Tata Technologies Limited (NSE: TATATECH, BSE: 544028) has disclosed a cybersecurity incident involving a ransomware attack that impacted a few of its IT assets. The company, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has notified the stock exchanges about the incident.Incident Details & Response
The company detected a ransomware attack affecting certain IT systems, prompting immediate...
Mumbai, January 30, 2025 – KPI Green Energy Limited has signed a contract agreement with Coal India Limited to develop a 300 MWAC grid-connected ground-mounted solar PV plant at GIPCL’s Solar Park in Khavda, Gujarat.Project Details & FinancialsProject Capacity: 300 MWAC
Location: GIPCL’s Solar Park, Khavda, Gujarat
Contract Value: ₹1,311.40 Crore
Completion Timeline: November 2025
Operation & Maintenance (O&M): 5 yearsThe project marks a significant step in KPI Green Energy’s...
Mumbai, India – January 29, 2025
Voltas Limited (NSE: VOLTAS, BSE: 500575), a leading air conditioning and engineering solutions provider from the Tata Group, has announced its financial results for the third quarter (Q3) and nine months (9M) ended December 31, 2024, showcasing record revenue, strong profit growth, and leadership transition.Key Financial Highlights (Consolidated Results)
Quarterly Performance (Q3 FY 2024-25 vs Q3 FY 2023-24)Total Revenue: ₹3,164 crore, up 18% YoY from...
Mumbai, January 29, 2025 – Blue Star Limited, a leading provider of cooling solutions and commercial refrigeration, has reported a 25.3% year-over-year (YoY) increase in consolidated revenue, reaching ₹2,807.36 crore for the third quarter ended December 31, 2024. The company's operating profit surged by 35%, reflecting its continued expansion and strategic initiatives.Key Financial Highlights (Q3 FY25 vs Q3 FY24)Revenue from Operations: ₹2,807.36 crore, up from ₹2,241.19 crore (+25.3%)...
Chennai, India – January 29, 2025 – Sundaram Finance Holdings Limited (NSE: SFHL, BSE: 533166) has announced robust Q3 FY25 earnings, reporting a consolidated net profit of ₹10,572.32 crore, marking a 3.2% YoY increase. The Board also declared an interim dividend of ₹3.70 per share (74%), reinforcing its commitment to shareholder value creation.
Financial Performance: Q3 FY25
Standalone Financial Highlights (₹ in Lakhs)Total Income: ₹1,804.74 crore (down 46.5% YoY) from ₹3,371.72 crore in...
Ahmedabad, January 29, 2025 – Adani Power Limited (NSE: ADANIPOWER, BSE: 533096) has disclosed that the Additional Commissioner, GST & Central Excise Commissionerate, Rourkela, has issued a GST demand and penalty totaling ₹31.20 crores, comprising ₹15.60 crores in tax liability and an equivalent amount as a penalty.Key Details of the GST OrderIssuing Authority: Additional Commissioner, GST & Central Excise Commissionerate, Rourkela.
Date of Communication: January 28, 2025.
Nature of...
Persistent Systems Reports Strong Q3 FY25 Performance with 19.9% YoY Revenue Growth.January 2025 – Persistent Systems Ltd., a global leader in AI-led digital engineering, has reported robust financial results for the third quarter of fiscal year 2025, showcasing strong growth across key performance metrics. The company posted revenue of $360.2 million, reflecting a 4.3% quarter-on-quarter (QoQ) increase and an impressive 19.9% year-on-year (YoY) growth.Key Financial HighlightsRevenue...
Mumbai, January 28, 2025 – HDFC Bank Limited (NSE: HDFCBANK, BSE: 500180) has announced its Q3 FY25 financial results, posting a net profit of ₹16,820.97 crore, reflecting a 7.3% year-on-year (YoY) increase, while revenue from operations surged to ₹85,499.64 crore. The bank continued its strong loan growth, stable asset quality, and improved net interest margin (NIM) despite macroeconomic challenges.
Key Financial Highlights – Q3 FY25 (Standalone)MetricQ3 FY25Q3 FY24YoY ChangeRevenue...
Chennai, India | January 29, 2025 – VA TECH WABAG ('WABAG'), a leading multinational water technology company, has strengthened its presence in the Middle East region by securing a seven-year Operation & Maintenance (O&M) contract worth approximately USD 14 million (INR 121 crores) for the BAPCO Refining Industrial Wastewater Treatment Plant in the Kingdom of Bahrain.
Contract OverviewClient: BAPCO Refining B.S.C.
Location: Kingdom of Bahrain
Duration: 7 years
Contract Value: USD 14...
Pune, India – January 28, 2025: Suzlon Energy Limited (NSE: SUZLON, BSE: 532667), India's leading renewable energy solutions provider, has announced its unaudited financial results for Q3 FY2024-25, reporting a revenue of ₹2,969 crore and a net profit of ₹388 crore. The company achieved record-breaking quarterly wind turbine deliveries of 447 MW, marking a 163% YoY growth.
Key Financial Highlights – Q3 FY2024-25 (Consolidated)Revenue from Operations: ₹2,969 crore (YoY increase of 91% from...
Chennai, India — January 28, 2025: Wheels India Limited (NSE: WHEELS), a leading manufacturer in the automotive and industrial wheels sector, has announced an interim dividend of ₹4.50 per equity share for the financial year ending March 31, 2025. The decision was approved in the company's Board Meeting held on January 27, 2025.
Key Dividend Details:Interim Dividend Declared: ₹4.50 per equity share.
Record Date: February 3, 2025 (to determine eligible shareholders).
Dividend Payment Date...
Mumbai, January 27, 2025—Deccan Gold Mines Limited (BSE: 512068) has provided an operational update on its associate company, Kalevala Gold Oy, which is developing two gold mines in Finland. Subject to satisfactory economic assessment, the company expects these projects to transition to full-scale production in 2025.
Key Developments in Kalevala Gold OyProject Progress: Deccan Gold’s Finnish operations hold eight exploration and mining licenses in various stages of approval, with complete...
Mumbai, January 25, 2025 – Siyaram Silk Mills Limited (NSE: SIYSIL, BSE: 503811) has announced its Q3 FY25 financial results and declared a second interim dividend of ₹3 per equity share (150%) for the fiscal year 2024-25.
Key Announcements from the Board MeetingFinancial Results ApprovalThe Board approved the unaudited standalone and consolidated financial results for the quarter and nine months that ended December 31, 2024.
The results were reviewed by statutory auditors M/s...
New Delhi, January 25, 2025 – Bharat Heavy Electricals Limited (BHEL) (NSE: BHEL, BSE: 500103) has announced key senior management changes following the superannuation of two senior executives on January 24, 2025. The company has appointed two new General Managers to take over critical leadership roles.
Key Retirements
The following officials have retired from BHEL's senior management:Shri Vinay Nigam – Executive Director (TP), Jhansi
Shri Rahul Bansal – Executive Director (PS-HQ), New...