India Business

Thermax Shares Plunge 16% Following 86% Decline in Net Profit

Thermax shares dropped significantly after reporting an 86% profit decline. Revenue rose 7% year-on-year, but earnings before interest, taxes, depreciation, and amortization fell. Order inflow increased 2%, and the total order book grew. The company cited higher input costs and weaker export sales…

Chief Editor | Jul 31, 2026

BS-III Vehicles May Need Rubber Part Replacements for E20 Fuel, Nitin Gadkari Says

Gadkari confirmed that some BS-III vehicle components may require attention for E20 fuel use. Studies indicate no significant performance issues in legacy vehicles. AAP's Kejriwal claimed that manufacturers are pressured to downplay E20 compatibility risks for pre-2023 vehicles.

Chief Editor | Jul 30, 2026

How Tomas Milar and Eqvista Are Bringing Real-Time Valuations to Private Companies

Private companies are the biggest contributors to a country’s GDP. They employ most of the world’s workforce, drive a major share of innovation, and attract a growing pool of venture and private equity capital. Yet most of these companies don’t know what they are actually worth. If we look at the…

Chief Editor | Jul 30, 2026

Shashi Tharoor Criticizes India's Abstention From ILO Vote on Gig Workers' Rights

Tharoor expressed discontent over India's abstention in the ILO vote aimed at protecting gig workers. He urged government action to implement standards that would address issues faced by millions engaged in the burgeoning gig economy, reflecting a lack of sensitivity to their needs.

Chief Editor | Jul 30, 2026

S&P 500 Closes Higher as Apple Hits $5 Trillion Milestone and Investors Await Tech Earnings

The S&P 500 index closed higher on Tuesday, boosted by gains in Boeing and Coca-Cola. Chip stocks experienced a significant decline as investors awaited quarterly reports from major tech firms. Microsoft and Amazon saw movement ahead of their upcoming earnings announcements this week. Apple's…

Chief Editor | Jul 29, 2026

NFO Collections Fall to Five-Year Low in June Quarter

New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline followed weak equity market sentiments in the preceding quarter. Although market sentiment improved, it did not revive new fund…

Chief Editor | Jul 28, 2026

Nifty 50 Eyes Potential Pullback to 24,000 as Index Enters Oversold Territory

The Nifty 50 has declined and is now near oversold levels. Analysts suggest a potential pullback towards 24,000 if support at 23,600 is maintained. Traders are advised to consider specific option strategies for the upcoming weekly expiry. Several top stock picks are recommended with defined…

Chief Editor | Jul 27, 2026

Lohia Corp Plans Offer for Sale Following Strong Financial Growth

Lohia Corp plans an offer for sale to raise funds. The company's revenue grew significantly while its net profit surged. Its order book expanded substantially after strong financial performance. The business is cyclical, depending on agriculture and construction sectors. Investors with higher risk…

Chief Editor | Jul 24, 2026

Nestle India Shares Hit Record High on Strong June Quarter Revenue Growth

Nestle India shares reached a record high after a strong June quarter performance. Revenue growth accelerated significantly year-on-year, reaching 25.2 percent. However, operating margins moderated sequentially due to increased advertising investments. Exports also showed steady growth, driven by…

Chief Editor | Jul 23, 2026

SEBI Directs Depositories to Freeze Promoter Holdings During Buybacks

Sebi has directed depositories to freeze promoter holdings during company buyback periods. This restriction will be in effect from board approval until the offer closes. Promoters can still participate in buybacks through the tender offer route. Existing pledges created before the buyback period…

Chief Editor | Jul 22, 2026

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India Business

Thermax Shares Plunge 16% Following 86% Decline in Net Profit

BS-III Vehicles May Need Rubber Part Replacements for E20 Fuel, Nitin Gadkari Says

How Tomas Milar and Eqvista Are Bringing Real-Time Valuations to Private Companies

Shashi Tharoor Criticizes India's Abstention From ILO Vote on Gig Workers' Rights

S&P 500 Closes Higher as Apple Hits $5 Trillion Milestone and Investors Await Tech Earnings

NFO Collections Fall to Five-Year Low in June Quarter

Nifty 50 Eyes Potential Pullback to 24,000 as Index Enters Oversold Territory

Lohia Corp Plans Offer for Sale Following Strong Financial Growth

Nestle India Shares Hit Record High on Strong June Quarter Revenue Growth

SEBI Directs Depositories to Freeze Promoter Holdings During Buybacks