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India's Nykaa posts profit jump as fashion business ramps up
India's FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by growth in its be...
India
India says it is not involved with Bangladesh ex-PM Hasina's virtual address
The event in New Delhi where Bangladesh's former Prime Minister Sheikh Hasina is due to speak is being organised by a private entity and the Indian government has nothing to ...
India
India's Marico beats quarterly profit view as Parachute oil maker sees strong demand
Indian consumer goods maker Marico reported quarterly profit above market expectations on Tuesday, helped by steady demand and lower prices of a key raw material.
India
Jio-BlackRock enters India's ETF market with Nifty 50 fund
Jio Financial Services and BlackRock on Tuesday launched the JioBlackRock Nifty 50 ETF, marking their entry into India's exchange-traded fund market through their asset managemen...
India
India's Odisha state warns iron ore miners, steelmakers over grade manipulation
India's top iron ore producing state of Odisha has warned steelmakers and miners of strict action over alleged grade manipulation and misdeclaration, according to documents revie...
India
India's new stock closing auction leaves traders nervous before derivatives expiry
Stock traders are on edge ahead of an Indian equity derivatives expiry on Tuesday, after the roll out of a new method to calculate closing prices caused unexpected swings in the ...
India
India's edible oil imports hit 10-month peak in July on higher palm buying, dealers say
India's edible oil imports climbed to their highest level in 10 months in July as refiners increased purchases of palm oil and soyoil to replenish inventories ahead of the festiva...
India
Rupee nudges higher, inflow-led boost runs into importer hedging drag
The Indian rupee logged modest gains on Tuesday, supported by dollar sales by foreign banks, although gains were capped on account of importer hedging activity.
India
India's Nifty 50 falls as new closing mechanism-led surge unwinds
India's blue-chip Nifty 50 fell on Tuesday, reversing part of the previous session's sharp rise that came after exchanges launched a new mechanism to price stocks at close.
India
Gold holds ground with Middle East turmoil, US jobs data in focus
Gold nudged higher on Tuesday as investors weighed mixed signals on potential U.S.-Iran talks and awaited a series of U.S. labour market reports for clues on the Federal Reserve'...
India
India's SBI Funds Management posts profit rise in first results since IPO
India's SBI Funds Management reported a 3.7% rise in first-quarter profit on Monday, helped by robust domestic capital inflows, in its first earnings report since going public in...
India
India's Nifty and Sensex diverge following launch of new auction mechanism
India's Nifty 50 and BSE Sensex showed a rare divergence on close of trade on Monday as exchanges adopted a new auction mechanism for stocks with traded futures and option contrac...
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India proposes tax relief for offshore funds using local managers
India has proposed tax law amendments to shield offshore investment funds from Indian tax liabilities when they route investments through India-based fund managers, a draft bill s...
India
India's Escorts Kubota posts rise in adjusted quarterly profit on stronger demand
India's Escorts Kubota reported a rise in adjusted first-quarter profit on Monday, driven by higher tractor sales.
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India's Ather Energy posts narrower quarterly loss, aided by firm scooter demand
Indian electric scooter maker Ather Energy reported a sharply narrower first-quarter loss on Monday as strong demand for its Rizta scooters helped cushion the impact of higher co...
India
State Bank of India, HSBC and ICICI lead India's overseas deposit drive, data shows
State Bank of India , HSBC and ICICI Bank have garnered the largest amounts under a central bank scheme to attract dollar deposits from non-resident Indians, government data showe...
India
Indian court acquits wrestling body ex-chief in sexual harassment case
An Indian court on Monday acquitted the former chief of India's wrestling federation in a sexual harassment case lodged by female wrestlers, local media reported, three years afte...
India
How India’s employment exams turned its ‘cockroach’ youth against Modi
Prime Minister Narendra Modi presides over the world's fastest-growing major economy. But many Indians feel his government has been slow to deal with their grievances over test lea...
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