Tuesday, November 10

Business

leading telecom operator Vi has launched the ‘Vi Number Rakshak’ initiative at the MahaKumbh
Business

leading telecom operator Vi has launched the ‘Vi Number Rakshak’ initiative at the MahaKumbh

Vodafone Idea (Vi) has launched the ‘Vi Number Rakshak’ initiative at the MahaKumbh, reinforcing its commitment to public safety and seamless connectivity. The initiative provides pilgrims with Rudraksh and Tulsi bracelets engraved with emergency contact numbers, ensuring they can reunite with their families if separated in the massive crowds. With over 250 individuals reported lost on the first day and millions expected for the ShahiSnan at Triveni Sangam, Vi has set up a booth near Swami RamanandAcharyaShibirAkhada to distribute the bracelets. This initiative particularly benefits elderly pilgrims and children who may not have mobile phones. In addition to this safety measure, Vi has enhanced its network infrastructure by deploying 30 new sites, 40 macro and small-cell sites, and 32 ...
J Kumar Infra shares increase 5%, company reports stellar Q3 earnings
Business, News

J Kumar Infra shares increase 5%, company reports stellar Q3 earnings

Shares of J Kumar Infraprojects jumped 5 percent after the company posted a stellar earnings performance in the December quarter. The company's Q3 earnings showed a jump in net profit as well as revenue, while margins remained stable. At 1.43 pm, J Kumar Infraprojects shares were trading at Rs 724.90 on the NSE. The company's net profit rose 21 percent year-on-year to Rs 99.70 crore as against Rs 82.60 crore in the same quarter last year. Revenue also grew 22 percent to Rs 1,486.90 in the third quarter as against Rs 1,218.70 crore in the same quarter last fiscal. Follow our market blog to catch all the live action The company's order book stood at Rs 20,529 crore at the end of the December quarter. The order book comprises a diverse mix of projects, with metros (elevated and u...
Suzuki Motorcycle India sales increase 14% in January
Business, News

Suzuki Motorcycle India sales increase 14% in January

Two-wheeler maker Suzuki Motorcycle India on Monday said its total sales rose 14 per cent to 108,921 units in January as compared to the same month last year. The company, the two-wheeler arm of Japanese auto major Suzuki Motor Corporation, sold a total of 95,762 units in January 2024, Suzuki Motorcycle India Pvt Ltd said in a statement. The company said domestic sales grew 9 per cent to 87,834 units during the last month as against 80,511 units sold in the same month last year, while exports witnessed a robust 38 per cent year-on-year growth, reaching 21,087 units in January 2025 as against 15,251 units in the same period a year ago. Suzuki Motorcycle also said that as of the end of January 2025, it has achieved cumulative sales of 10,40,025 units so far in FY 2024-25, surpassin...
KPI Green Energy shares gain 5%, hit 52-week high; know why
Business, News

KPI Green Energy shares gain 5%, hit 52-week high; know why

KPI Green Energy shares have gained 293% in two years and 662% in three years. Shares of KPI Green Energy Ltd hit an upper circuit of 5% on Monday after the company said the firm's board will consider a proposal to declare a third interim dividend for the financial year 2024-25. The company will also announce its third quarter earnings on February 6. The multibagger stock rose 5% to hit a 52-week high of Rs 405 in the current trading session. The power stock opened at Rs 397 on the BSE today against its previous close of Rs 385.75. The stock has gained 293% in two years and 662% in three years. A total of 0.72 lakh shares of the firm were traded on the BSE, generating a turnover of Rs 2.91 crore. The company's market cap on BSE stood at Rs 7,974 crore. The stock hit a 52-week low...
GHCL reports marginal downturn in revenue, 69% rise in consolidated net profit in Q3 FY25
Business, News

GHCL reports marginal downturn in revenue, 69% rise in consolidated net profit in Q3 FY25

Soda ash maker Gujarat Heavy Chemicals Ltd (GHCL) on Friday reported a 69% rise in consolidated net profit in Q3 FY25 to Rs 168 crore as against Rs 100 crore in the same period last year. Its revenue in the third quarter fell 1% to Rs 807 crore from Rs 813 crore in the same period a year ago. The company's share price closed at Rs 728.80, up 1.43% from Rs 718.55 yesterday. Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) for GHCL rose 57% to Rs 259 crore from Rs 165 crore in the same period last year. GHCL's EBITDA margin stood at 32.0% in the quarter as against 20.3% in the previous year. According to a GHCL report, this is attributed to the company's operational strength resulting in cost savings. The company's operating expenses declined 15% year...
KPIT Tech shares upgrade 12% on 20% rise in net profit in Q3, firm raises margin guidance
Business, News

KPIT Tech shares upgrade 12% on 20% rise in net profit in Q3, firm raises margin guidance

KPIT Technologies has reported a 20 percent rise in consolidated net profit to Rs 187 crore in the December quarter. It reported a net profit of Rs 155 crore in the year-ago period, according to a regulatory filing on January 29, 2025. Revenue for the quarter under review stood at Rs 1,478 crore, up 17.6 percent from Rs 1,257 crore in October-December of FY24. The company has also raised its EBIT margin guidance for FY25. Shares of KPIT Technologies rose 11.58 percent to Rs 1,404.9 per share on the NSE after the company raised its margin guidance. The stock rebounded after three consecutive sessions of decline. The company now expects its EBITDA margin to be over 21 percent, as against over 20.5 percent estimated earlier. It has maintained its constant currency revenue growth gui...
Nokia Q4 results: Net profit beats estimates, upsurge 38%; sales rise 17%
Business, News

Nokia Q4 results: Net profit beats estimates, upsurge 38%; sales rise 17%

Finland's Nokia on Thursday reported a stronger-than-expected rise in fourth-quarter adjusted operating profit and sales, helped by higher demand for telecoms gear from mobile operators in North America and India, and was optimistic about 2025 prospects. Shares of the telecoms gear maker were up 3 percent at 0840 GMT, outperforming a 0.4 percent rise in Europe's STOXX 600 index. Nokia's quarterly net sales rose 10 percent to 5.98 billion euros ($6.2 billion), above analysts' estimate of 5.74 billion euros in an LSEG poll. The company said sales at its network infrastructure business rose 17 percent, led by a strong recovery in demand for communications service providers, particularly in North America. "What we have seen before is that when markets change, the North American ma...
Blenders Pride Fashion Tour 2025: A global fashion phenomenon reaches new heights
Business

Blenders Pride Fashion Tour 2025: A global fashion phenomenon reaches new heights

Blenders Pride Fashion Tour has unveiled its most iconic edition yet, creating ‘The One and Only’ world where fashion is just the beginning. The tour’s 2025 edition will unleash a cutting-edge avatar that transcends into the extraordinary, bringing stellar showcases across global fashion, music, and entertainment that inspire pure awe. Joining forces once again with Fashion Design Council of India (FDCI), the Fashion Tour will celebrate its glamourous and indulgent essence, with some of India’s most sought-after voices in fashion, together with India’s most desirable style icons, that will undoubtedly get the country talking. Take its alluring world to boom town cities of Chandigarh, Guwahati, and Vizag, the tour will turn each destination into a groundbreaking milestone that sets t...
Royal Enfield Roadster Hunter 350 crosses the 500,000 sales milestone
Business

Royal Enfield Roadster Hunter 350 crosses the 500,000 sales milestone

Royal Enfield, the global leader in the midsize motorcycle segment (250cc-750cc) proudly announces that its compact and stylish roadster Hunter 350 has crossed the 500,000 sales milestone. Introduced in August 2022, the Hunter is one of the fastest growing motorcycle models, boasting of half a million happy owners across the globe. Crafted for urban explorers and new-age riders, the Hunter 350 blends agility, style, and fun with Royal Enfield’s DNA. With its cool styling, dynamic performance and modern-retro charm, the Hunter 350 is the preferred choice for young riders today. Whether navigating tight spots within the urban maze, or just hanging out at the coolest neighbourhoods in the city, or zipping through open roads, young riders are choosing the Hunter 350 for its swift agility a...
Mahindra Truck and Bus strengthens Assam presence with new Lakhimpur dealership
Business

Mahindra Truck and Bus strengthens Assam presence with new Lakhimpur dealership

Mahindra’s Truck and Bus Division (MTBD) has opened a new dealership in Lakhimpur, Assam, following a 46% CAGR volume growth over the past three years. The facility features four service bays, capable of servicing over 10 vehicles daily, and offers driver lodging, 24-hour breakdown assistance, and AdBlue, a diesel exhaust fluid that reduces emissions. Dr. Venkat Srinivas, Business Head of MTBD, highlighted the division's position as the No. 3 player in the Indian commercial vehicle market, citing the introduction of new dealerships and advanced models like BLAZO X and FURIO. These vehicles come with a Mileage Guarantee, promising unmatched value for transporters. MTBD's commitment to customer service is further reinforced by service guarantees, including a 48-hour breakdown response...