New Delhi, August 4, 2025 — In the wake of Managing Director and CEO Girish Kousgi’s resignation, PNB Housing Finance has announced two strategic senior appointments aimed at ensuring continuity and reinforcing its business verticals. Effective August 2, 2025, Jatul Anand has been appointed Executive Director (non-board member). He will oversee the Prime and Emerging…
India’s leading fast-moving consumer goods (FMCG) company, ITC Ltd on Friday, August 1, reported a steady standalone net profit of ₹4,912 crore for the April-June quarter as against ₹4,917 crore in the same period last year. However, the company’s operating revenue during the quarter under review grew 20% y-o-y to ₹21,059 crore as against ₹17,593…
Mumbai, August 2: The State Bank of India (SBI) has called on the Reserve Bank of India (RBI) to implement a 25 basis points (bps) repo rate cut during the upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7, citing persistently low inflation and sluggish credit growth as key reasons. In its…
New Delhi, Maruti Suzuki India on Friday reported that total sales in July rose 3 percent year-on-year to 1,80,526 units, led by exports. The leading automaker had sold a total of 1,75,041 vehicles in the same month last year. Total domestic passenger vehicles dispatched to dealers grew marginally as compared to 1,37,463 units in the…
Mumbai: Godrej Properties, the real estate development arm of the Godrej Group, has announced a 15% year-on-year increase in its consolidated net profit to ₹598 crore for the first quarter of the fiscal year 2025-26. The company’s profit for the same period last year stood at ₹518.8 crore. Despite the rise in net profit, the…
New Delhi, Guar gum prices rose by Rs 84 to Rs 9,691 per quintal in futures trade on Thursday as speculators increased their deal size amid strong spot demand. At the National Commodity and Derivatives Exchange, the price of guar gum contract for August delivery rose by Rs 84, or 0.87 per cent, to Rs…
New Delhi, July 31, 2025 — Maruti Suzuki India Ltd., the country’s largest carmaker, reported a marginal rise in consolidated net profit for the first quarter of FY26, posting ₹3,792 crore, up just 0.9% year-on-year from ₹3,760 crore in Q1 FY25. The subdued profit growth comes despite an 8% increase in revenue from operations, which…
New Delhi, Shares of Punjab National Bank (PNB) fell over 1 per cent on Wednesday after the bank reported a 48 percent drop in its standalone net profit for the June quarter. The stock closed 1.10 percent lower at Rs 108.10 per share on the BSE. During the day’s trade, it fell 1.60 per cent…
Mumbai, July 29, 2025 — Tata Consultancy Services (TCS), India’s largest IT services firm, has announced a freeze on annual salary hikes and lateral hiring across its global operations, following its decision to lay off approximately 12,000 employees—roughly 2% of its workforce. The move is part of a broader cost-optimization strategy aimed at navigating macroeconomic…
New Delhi: Aluminium prices fell by Rs 1.30 to Rs 252.90 per kg in futures trade on Tuesday as traders offloaded their positions following a weak trend in the spot market. Aluminium contracts for August delivery fell by Rs 1.30, or 0.51 percent, to Rs 252.90 per kg on the Multi Commodity Exchange in a…
