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United Spirits climbs after Q4 PAT rises 27% YoY to Rs 571 cr

Mumbai, May 15 -- The company said profitability during the quarter was supported by a one-time benefit of Rs 219 crore on account of interest on tax refund accrued during the quarter and realised aft... Read More


SEBI seeks comments on intraday borrowing framework for mutual funds

Mumbai, May 15 -- The Securities and Exchange Board of India (SEBI) has issued a consultation paper on allowing mutual funds to use intraday borrowing lines for cash management. The proposal aims to ... Read More


Economic Buzz: Japan machine tool orders jump 45.1%, fastest since 2022

Mumbai, May 15 -- Japan's machine tool orders surged by 45.1% year-on-year to JPY 188,971 million in April 2026. The latest reading marked the strongest growth since January 2022, supported by robust ... Read More


Silver melts around 8% as metals melt amid firm US dollar

Mumbai, May 15 -- Silver futures slumped today, witnessing a massive collapse in tune with Gold and Copper prices as a firm US dollar hurt metals across the board. Meanwhile, there are lingering conce... Read More


Nifty above 23,700 level; IT shares advance

Mumbai, May 15 -- The key equity benchmarks traded with minor gains in mid-morning trade, buoyed by a record-breaking Wall Street session and cautious optimism surrounding the Trump-Xi summit in Beiji... Read More


Board of Welspun Enterprises recommends final dividend

Mumbai, May 15 -- Welspun Enterprises announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the final dividend of Rs 3 per equity Share ... Read More


Board of Rashi Peripherals recommends final dividend

Mumbai, May 15 -- Rashi Peripherals announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i... Read More


Board of Workmates Core2cloud Solution recommends interim dividend

Mumbai, May 15 -- Workmates Core2cloud Solution announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the interim dividend of Rs 2 per e... Read More


Board of J.G.Chemicals recommends final dividend

Mumbai, May 15 -- J.G.Chemicals announced that the Board of Directors of the Company at its meeting held on 14 May 2026, inter alia, have recommended the final dividend of Rs 1.1 per equity Share (i.e... Read More


Allcargo Logistics slides as Q4 PAT tanks 20% to Rs 20 cr

Mumbai, May 15 -- Total income declined 1.31% year on year (YoY) to Rs 525 crore in the quarter ended 31 March 2026. Profit before tax stood at Rs 16 crore in Q4 FY26, compared to a loss of Rs 1 cror... Read More