Reliance Retail reported a 28.3% surge in profit after tax, reaching ₹3,271 crore for the quarter ending June 30, 2025, fueled by strong performance across all segments and store expansions. Revenue rose 11.3% to ₹84,171 crore. The company added 388 new stores, expanding its footprint. JioMart's hyperlocal delivery saw substantial growth, and the fashion vertical thrived with own-brand success.
IOC, BPCL see 255% hike in payouts to Centre, benefiting from 65% crash in crude rates, but only pass on 2% drop in retail petrol prices; faced with slow disinvestment, Centre mandates high dividends from top PSUs
The total income rose to ₹10,374 crore during the June quarter of 2025-26, from ₹9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory filing
The total income rose to ₹31,791 crore during the June 2025 quarter from ₹30,874 crore in the year-ago period, Union Bank of India said in a regulatory filing
Yes Bank's net profit surged 59% to Rs 801 crore in Q1 FY26, driven by treasury gains and increased non-core income. While core net interest income saw modest growth, the bank remains cautious on retail lending. The acquisition of a 20% ...more
India's role in global food safety gained recognition at a recent international meeting. The Codex Alimentarius Commission praised India's millet grain standards. India co-chaired initiatives for fresh turmeric and broccoli standards. T ...more
The fund follows a quantitative model, ensuring disciplined allocation between equity and debt
The objective is to moderate price volatility and determine the opening price when normal market opens
Rahul comes across an article on IRDAI imposing penalties on health insurers on improper claim deductions. Supriya, who works in the insurance industry, discusses with Rahul measures policyholders can follow to minimize any surprises at ...more
Four debt securities held by mutual funds that are relatively unknown to retail investors
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