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India gets upgraded to BBB with a Stable trend, reflects strength in structural reforms

Mumbai, May 12 -- Ministry of Finance stated in a latest update that the global sovereign credit rating agency, Morningstar DBRS, upgraded India's Long-Term Foreign and Local Currency - Issuer Ratings... Read More


Navin Fluorine Intl Q4 PAT rises 35% YoY to Rs 95 cr; declares dividend of Rs 7/sh

Mumbai, May 12 -- Revenue from operations rallied 16.44% year on year to Rs 700.94 crore in Q4 FY25, compared with Rs 601.95 crore in Q4 FY24. Profit before tax (PBT) increased 59.93% YoY to Rs 127.0... Read More


First round of negotiations for the IndiaNew Zealand Free Trade Agreement concluded successfully

Mumbai, May 12 -- Ministry of Commerce & Industry has stated in a latest update that in a major step towards expanding bilateral trade and investment engagement, the first round of negotiations for th... Read More


Manappuram Finance rises on appointing Deepak Reddy as CEO

Mumbai, May 12 -- Reddy brings over 30 years of experience in the financial services industry. He has held leadership positions at leading institutions including Bajaj FinServ, where he served for 17 ... Read More


Borosil Renewables edges higher after net loss falls sharply in Q4

Mumbai, May 12 -- Net sales during the period under review increased by 31.9% year-over-year (YoY) to Rs 373.54 crore. Operating expenditure rose by 16% to Rs 358.16 crore in the fourth quarter as co... Read More


Sensex zooms over 2,361 pts; metal shares shine

Mumbai, May 12 -- The frontline indices traded with robust gains in mid-morning trade after India and Pakistan reached a ceasefire agreement over the weekend, easing geopolitical tensions that had esc... Read More


Economic Buzz: UK recruitment activity remains weak in April

Mumbai, May 12 -- UK recruitment activity remained weak at the start of the second quarter as demand for staff deteriorated amid the rise in the salary inflation due to the increases in the national m... Read More


K.P.R. Mill slides after Q4 PAT drops 4% YoY to Rs 204 cr

Mumbai, May 12 -- Revenue from operations increased 4.61% year on year (YoY) to Rs 1,700.95 crore during the quarter ended 31st March 2025. Profit before tax (PBT) rose 1.01% YoY to Rs 280.73 crore i... Read More


Reliance Power soars after subsidiary bags SJVN solar project

Mumbai, May 12 -- The tender, focused on developing Inter-State Transmission System (ISTS)-connected solar and battery energy storage systems (BESS), has seen Reliance Power emerge as a frontrunner in... Read More


Government of India announces the sale of two dated securities for a notified amount of Rs.25,000 crore

Mumbai, May 12 -- The Government of India (GoI) has announced the sale (re-issue) of (i) "6.79% GS 2031" for a notified amount of Rs.11,000 crore and (ii) "7.09% GS 2074" for a notified amount of Rs.1... Read More