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Economic Buzz: India services sector enjoys strong start to new fiscal year

Mumbai, May 6 -- After experiencing a slowdown in March, growth of business activity in the Indian service sector accelerated slightly in April. This regained momentum was largely driven by a quicker ... Read More


Cummins India drops as parent withdraws guidance amid tariff concerns

Mumbai, May 6 -- In a statement on Monday, Cummins Inc. announced it would not be providing an outlook for revenue or profitability for the remainder of the year due to the evolving economic landscape... Read More


SBI Mutual Fund announces change in fund manager under its schemes

Mumbai, May 6 -- SBI Mutual Fund has announced change in fund manager under the following schemes, with effect from 01 May 2025. Table, th, td {border: 1px Solid black; Border-collapse: collapse;} ... Read More


Nifty slides below 24,000; PSU Bank shares decline

Mumbai, May 6 -- The domestic equity benchmarks traded with moderate losses in the morning trade. Nifty traded below the 24,400 level. PSU Bank shares extended losses for the second consecutive tradin... Read More


Nifty slides below 24,400; PSU banks drop

Mumbai, May 6 -- The domestic equity benchmarks traded with moderate losses in the morning trade. Nifty traded below the 24,400 level. PSU Bank shares extended losses for the second consecutive tradin... Read More


IRCON International bags Rs 187-cr order from Kerala State IT Infrastructure

Mumbai, May 6 -- The order is valued at Rs 187,082,914,800 and is to be executed within 30 months. IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction compa... Read More


Stocks Slide as Trade Tensions Rise; Nasdaq Drops 133 Points, Energy Sector Hit Hard

Mumbai, May 6 -- The Nasdaq slid 133.49 points (0.7%) to 17,844.24, the S&P 500 fell 36.29 points (0.6%) at 5,650.38 and the Dow dipped 98.60 points (0.2%) to 41,218.83. Renewed trade concerns also w... Read More


Coforge gains after Q4 PAT climbs 21% QoQ to Rs 306 cr; declares dividend of Rs 19 /sh

Mumbai, May 6 -- Revenue from operations increased 4.66% QoQ to Rs 3,409.9 crore in Q4 FY25. Year on year basis, the company's revenue and PAT climbed 47.08% and 32.77%, respectively. Profit before ... Read More


Ather Energy make decent debut

Mumbai, May 6 -- The scrip was listed at Rs 326.05, exhibiting a premium of 1.57% to the issue price. So far, the stock has hit a high of 332.90 and a low of 321. On the BSE, over 6.90lakh shares of ... Read More


Yes Bank jumps on buzz of SMBC acquisition plans

Mumbai, May 6 -- According to media reports, SMBC is considering two possible approaches: acquiring less than 26% in Yes Bank and pursuing a merger through a share swap, or purchasing up to 26% follow... Read More