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Samvardhana Motherson Q3 Results: Net profit rises 62% YoY to Rs 879 crore
Auto component maker Samvardhana Motherson International on Friday reported a consolidated net profit of Rs 879 crore for the third quarter ended December 31, 2024. The company had reported a net profit of Rs 542 crore for the October-December quarter of the last fiscal.
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BSNL Q3 Results: Telco swings to black with Rs 262 crore profit, aided by network expansion & cost control
BSNL Q3 Results: The public sector telco reported a net loss of Rs 1,569.22 crore in Q3FY24. Its mobility services revenue grew 15% YoY, while fiber-to-the-home (FTTH) and leased line services saw YoY increases of 18% and 14%, respectively.
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Puravankara Q3 Results: Company posts net loss of Rs 92 crore, revenue slumps 43%
Puravankara Limited reported a net loss of ₹92.64 crore in Q3 FY25, with revenue dropping 43% to ₹334 crore due to higher expenses and lower handovers. However, customer collections and average price realization showed positive growth.
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Tech view: Nifty faces bearish reversal, key support at 22,800. How to trade on Monday
Nifty’s weekly chart shows a bearish reversal, with key support at 22,800 and resistance at 23,250. Analysts foresee further downside unless Nifty decisively moves above 23,300, confirming a potential trend reversal.
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Cordelia Cruises plans to raise Rs 800 cr through IPO to fund growth plans
Waterways Leisure Tourism (Cordelia Cruises) on Friday said the company is planning to raise Rs 800 crore through an Initial Public Offering (IPO) to fund its growth plans.
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EaseMyTrip Q3 Results: Net profit declines to Rs 34 crore
Online travel booking platform EaseMyTrip on Friday reported a decline in its consolidated net profit to Rs 34 crore in the quarter ended December. The company had a net profit of Rs 45.68 crore in the year-ago period, according to a regulatory filing.
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US aid freeze spurs big job cuts at UN migration, refugee agencies
The US decision to freeze foreign aid funding forces UN agencies like IOM and UNHCR to lay off thousands, affecting refugee resettlement. Over 3,000 IOM staff tied to the US programme are losing jobs, with UNHCR cutting 600 positions. The largest donor's funding pause prompts life-saving work prioritization, halting many refugee-entry activities.
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What are Trump's reciprocal tariffs and who might be affected?
US President Trump has proposed reciprocal tariffs that could increase tariffs on imports to match those applied by other countries. Analysts predict this measure could mainly impact emerging market economies with high duties on US products and further complicate international trade dynamics.
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Elon Musk calls for the US to 'delete entire agencies' from the federal government
Elon Musk urged the U.S. to eliminate entire federal agencies to streamline the government and reduce spending under President Trump. At the World Governments Summit, he emphasized a need for re-prioritizing American power, compared to previous interventions abroad. Musk also discussed the potential dangers of artificial intelligence and announced a proposed underground transit network in Dubai.
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A Trump self-goal? Coca-Cola to Coty, US firms brace for tariffs
Trump's tariffs on steel and aluminium imports have raised fears of an all-out trade war. US businesses, including Coca-Cola and Ford, are preparing for impacts, such as cost increases and production shifts. Trump's tariffs aim to boost domestic industry and jobs but could impose heavy costs on manufacturers and small businesses.
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MS Ahluwalia favours smaller states to drive urbanisation, economic growth
Economist Montek Singh Ahluwalia advocates for splitting large states like Uttar Pradesh to spur urban growth and creating 'near-Metros' from tier-2 towns. He points out challenges in achieving 8% annual growth and the complexities of initiating reforms in a fragmented global scenario.
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King Kong: This 3-year-old buffalo is the world's tallest standing at 6 feet 8 inches
King Kong, a 3-year-old water buffalo from Thailand, has been recognized by Guinness World Records as the tallest in the world, standing 6 feet 8 inches tall. Despite his size, he is friendly and playful, enjoying splashing in the pond and interacting with his caretakers. He lives at Ninlanee Farm with his parents and other animals.
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Santorini Greece Earthquakes: Why 8,000 tremors have hit the islands with Spiderweb-like faults and a 6.5 lakh-year dark history
Nearly 8,000 earthquakes have shaken Greece's Santorini island since late January, prompting authorities to declare a state of emergency. Approximately 11,000 people were evacuated due to the tremors, unrelated to volcanic activity and caused by tectonic shifts in the Aegean Sea.
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India may cut tariffs on 30 items imported from US to prevent higher reciprocal tariffs: Nomura
India is considering reducing tariffs on more than 30 items and increasing purchases of US defence and energy products to avoid higher reciprocal tariffs from the United States. Prime Minister Narendra Modi's meeting with President Trump is expected to discuss these issues to maintain smooth trade relations.
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Kerala Budget 2025 Highlights: High-speed rail corridor, metro projects, and IT park in Kannur, check all key announcements
Kerala Budget 2025 Highlights: Kerala Finance Minister K.N. Balagopal presented the 2025-26 budget, focusing on Metro rail projects, high-speed rail corridors, and the K-Homes project for tourism. Rs 750 crore is allocated for Wayanad rehabilitation. The budget also includes provisions for infrastructure development, social welfare, and healthcare, with significant investments in scholarships, pensions, and the Karunya Health Scheme.
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NaBFID eyes tieups with multilateral funding agencies
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development in India. NaBFID will also explore municipal finance structures and PPP investment frameworks, moving Rs 30,000 crore from banks and NBFCs to the bond market.
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Income tax bill won't raise tax or compliance load: Finance secretary Tuhin Kanta Pandey
Finance secretary Tuhin Kanta Pandey assured taxpayers there will be no additional taxes or compliance burdens in the new income tax bill expected to be tabled next week. The bill will include changes announced in the budget, such as income tax rates and TDS provisions, aiming to simplify understanding and reduce litigation, replacing the old Income Tax Act.
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New income tax bill expected to be presented in Parliament next week, finance secy says it won't have any new taxes
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of Rs 15.68 lakh crores channelled exclusively into capital expenditure, Finance Secretary and Secretary, Department of Revenue, Tuhin Kanta Pandey told industry leaders Monday.
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BJP accuses Kejriwal of sending voters hoax calls to mislead
BJP has accused Arvind Kejriwal of orchestrating hoax calls to mislead voters, alleging that the AAP is claiming votes are being cut by the BJP to support AAP. They also allege distribution of money in slum areas and raised concerns about voter data confidentiality, demanding an investigation.
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Jamnagar's SME IPO gets highest listing premium of 387% in 2024, 15th multibagger debut of the year
Winsol Engineers, based in Jamnagar, achieved the highest premium on listing this year, aligning with expectations. Its stock debuted with an impressive premium of nearly 387% over the issue price on Tuesday, marking one of the strongest listings in recent memory.
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SRM Contractors sets IPO price band at Rs 200-210 per share; issue to open on March 26
SRM Contractors IPO will open for subscription on March 26. The company is looking to raise Rs 130 crore. It has set the price band of Rs 200-210 per share for the IPO.
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Lok Sabha election 2024: Maharashtra get interesting after splits in Shiv Sena, NCP
Lok Sabha election 2024: The BJP-Shiv Sena won 41 of the 48 seats in the 2019 polls, but the Sena has split since and a vast majority of the Bal Thackeray-founded party is now allied with the BJP. The Nationalist Congress Party also split as well with Ajit Pawar joining the ruling alliance in the state, led by Eknath Shinde. In the 2019 Lok Sabha polls, the BJP emerged the top party with 23 seats, followed by the undivided Sena with 18.
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Modi charisma key factor in BJP's bid to retain all 26 seats in Gujarat
Gujarat's upcoming Lok Sabha elections are influenced by PM Narendra Modi's charisma, anti-incumbency, unemployment, inflation, education, healthcare challenges, and BJP's endeavor to secure all 26 seats. Lok Sabha polls in Gujarat will be held in a single phase on May 7. Counting of votes will be held on June 4. Anti-incumbency, unemployment, inflation, education and healthcare facilities are some of the other important issues in the election, where the ruling BJP in Gujarat will attempt to retain all the 26 Lok Sabha seats it won in 2019.
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Implementation of 'guarantees', decline of BRS favour Congress in Telangana, BJP aiming for better show
The BJP, riding high on its growing voter base in Telangana, is now aiming to win over 12 out of the total 17 seats and 35 per cent vote share, in the upcoming Lok Sabha polls. The party doubled its vote share to nearly 14 per cent resulting in eight seats in the assembly elections held on November 30, last year. BRS, which ruled the state for about a decade since its emergence, is low on morale following the defeat, even as its founder and former Chief Minister K Chandrasekhar Rao's daughter K Kavitha was arrested on the eve of poll dates announcement, adding insult to the injury.
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Kavitha arrest before polls may hit BRS morale, hasten desertions; party calls for protests tomorrow
Kavitha's arrest before Lok Sabha elections may psychologically impact BRS party. Meanwhile, fomer minister Harish Rao announced protests in the state. Moreover, desertion of MPs and leaders who are not contesting polls adds to party's troubles. Nagesh Kumar predictsed that more desertions could happen due to Kavitha's arrest.
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A mysterious "push" probably behind Mamata Banerjee's fall, suggests hospital director
West Bengal Chief Minister Mamata Banerjee clarified that her fall at home was due to a 'sensation of push.' Initial reports suggested she fell due to 'some push from behind,' leading to injuries on her forehead and nose. Banerjee received treatment at SSKM Hospital and is reported to be clinically stable. The incident sparked speculation, but the police confirmed no complaint has been lodged. Banerjee has suffered injuries in the past and is under a "Z+ category" security cover.
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Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months
ETMarkets scanned through the quarterly shareholding of promoters, and found seven companies where the holding came down sharply on a sequential basis, while the stocks have gained up to 55% so far in 2024.
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Standard Chartered doesn’t see rupee cross 84 even if dollar climbs
“The Reserve Bank of India has been protecting rupee from depreciating very sharply,” Parul Mittal Sinha, head of India financial markets at the lender said on Bloomberg TV Friday. The monetary authority has “been following the stated policy of containing volatility in the rupee,” she said.
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Coffee Day Enterprises Q1 Results: Firm swings to black, reports Rs 23 crore profit
Revenue from operations was at Rs 247.29 crore during the quarter under review. It was at Rs 210.49 crore in the year-ago period.
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Selective in pharma and capital goods; will move to overweight in IT on weakness: Trideep Bhattacharya
“From an asset allocation perspective, a slightly longer-term answer to your question is yes, inflation is likely to be stickier and hence, while rates might have peaked, coming down might take some time. The asset allocation needs to be thought about in that context.”
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Apple faces Indian engineer’s bias lawsuit
Anita Nariani Schulze is part of the Sindhi minority. Her complaint alleges that her senior and direct managers, both male, consistently excluded her from meetings while inviting her male counterparts, criticised her, micromanaged her work and deprived her of bonuses, despite positive performance evaluations and significant team contributions.
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Despite transatlantic 'love fest', EU charts third way in ties with US and China
But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: "We must push back on China together and show strength in unity."
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Twitter's India policy head to step down; will transition in March
This comes as the San-Francisco based firm is at the receiving end of the Indian government over an issue of blocking and unblocking certain handles tweeting about farmer protests.
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Govt may keep Rs 7,500 cr outlay for IT hardware manufacturing under PLI scheme
Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.
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Indian dating apps, services see surge of paying users in small cities
Growth More than in MetrosAccording to companies like Aisle and Truly Madly, which have millions of users and position themselves as “serious” dating apps, and bespoke high-end dating services like Sirf Coffee, a lot more users from such places are not only keen on using these apps, but also willing to pay for it.
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Time for government, companies to adopt artificial intelligence: Deloitte India
“Indian companies need to re-skill, train, and acquire more relevant talent, if they are to successfully integrate AI technologies. Most importantly, they should be willing to make the continued investment. It is an uphill race in which there will be winners and losers,” said Deloitte India CEO N Venkatram.
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Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador
Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.
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Confidence level of industry improving: KV Kamath, ICICI Bank
"It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."
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We may see rapid growth over the next few years: Raamdeo Agrawal
Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.
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Every decision of government needn’t be a big reform: Anand Mahindra
"The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."
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Our commitment for press freedom, and autonomy of public broadcast is absolute: Prakash Javadekar
"Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."
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There is a leadership vacuum in Infosys, time to get Nandan Nilekani back: Mohandas Pai
"There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."
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ET Search
Rupee#CAD#Economic crisis#Food Bill
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After the Oscars, what's next for silent stars of The Artist?
The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.
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Delhi World Book fair: A fair like no other
It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.
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Indian gift makes its way to State Department exhibition
An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.
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IMD to use dynamic models for forecasts
Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.
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Docs reveal contents of first wire msg between India & Eng
Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.
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Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery
Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.
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Alfa raises delisting price to Rs 2,850 a share
Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
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Northern lights may put on Valentine's Day show in some states: Where and when to see it
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Israel-Hamas ceasefire holds despite tensions, American-Israeli hostage to be released
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Meta stock continues record run: 'Prime example' of implementing AI
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Deadly 16 vehicle crash on I-80 during snow squall
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An Ancient Burial Ground Has Been Preserved Under an Alpine City for More than 2,000 Years
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Pete Hegseth Slammed by Republican Senator for ‘Rookie Mistake’
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An Indian court finds a 31-year-old man guilty of the rape and murder of an Irish backpacker
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Texas death row inmate mouths final 2-word message to victims' families before execution
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How Mexican cartels and Chinese criminal networks are moving 'cocaine of the sea' through Canadian ports
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Your 2025 March Horoscope Is In: Eclipses, Retrogrades, & More!
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Mortgage and refinance rates today, February 14, 2025: How current rates will affect your monthly payment
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Scientists sound alarm over troubling phenomena forcing them to 'rethink' everything: 'Predictability has become more challenging'
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CNN Data Reporter Warns Trump Of 1 Issue Already Threatening To 'Crush' His Presidency
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Wall Street Journal Predicts Which Donald Trump Pick Will Be First To Go, And Why
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JCPenney is closing stores in eight states — see the full list of locations
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Can suspending a cage-free egg law solve the soaring price problem? Nevada takes a crack at it
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Henderson police chief placed on administrative leave
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Plane carrying Secretary of State Rubio to Europe turned around because of a mechanical issue
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RFK Jr.: I’m Already Planning a Purge of the Health Department
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American Airlines flight makes emergency landing at Jackson airport
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Florida state Sen. Geraldine Thompson dies at 76 after complications from knee replacement surgery
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Warren Buffett Was Asked How A Regular Person Gets Rich? He Detailed Exactly How He'd Make $30 Billion Starting Over With Only $10,000
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Reporters Laugh as Trump Lambasts CNN Star Kaitlan Collins to Her Face
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Texas judge fines New York doctor for prescribing abortion pills to a woman near Dallas
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WATCH: Kayaker Swallowed Whole by Humpback Whale—Then Spit Back Out
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How are FBI officials handling Kash Patel as the potential FBI Director? 'They're leaving'
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McMahon promises she'll implement public service loan forgiveness — even if DOGE tells her not to
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WKYC denies allegations made by former meteorologist Hollie Strano in civil case
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Nissan CEO says it will be 'difficult to survive' without partnerships after Honda merger collapses
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The Reason Why Encyclopaedia Britannica Refuses To Rename The Gulf Of Mexico Is Going Viral
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Boeing 737 Max Hits Car In The Middle of Runway During Takeoff
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First direct evidence of ‘nuclear-spin dark state’ could lead to stable quantum systems
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A rare photo shows Russian and American fighter jets in one place, in India
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Given Christianity's dominance in US, Trump raises eyebrows with anti-Christian bias initiative
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11 Hidden iOS 18.3 iPhone Features You Should Probably Know About
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NATO is in disarray after the US announces that its security priorities lie elsewhere
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What Will Happen to Your Student Loans if Trump Closes the Department of Education?
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Scientists sound alarm over unexpected vaccine safety issue: 'Especially problematic'
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Gold's lighting run rains on India's wedding season, China offers discounts
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Vietnam to use Chinese loans for $8.3 billion railway linking both countries
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Australia and China trade blame over fighter jet incident in South China Sea
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Pilot Killed in Arizona Plane Crash Saved Motley Crue Singer Vince Neil’s Girlfriend, Daughter Says
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Recording captured the chilling sound of the Titan submersible's final moment
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White House says it has the right to punish AP reporters over Gulf naming dispute
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New Jersey man sues safari tour operator after rampaging hippo killed his wife in Africa
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Navy crew members eject from their jet before it crashes off the San Diego coast
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Mississippi woman sentenced for unnatural intercourse with dog
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Gordon Ramsay Restaurant Shutters After Multiple Complaints Over 'Bad Everything'
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Coca-Cola is bringing back a classic to cope with Trump tariffs
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JPMorgan Chase begins planned layoffs for 2025, source says