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An arm of Crisil Ratings said the operating profit margins are seen at 8 per cent, a widening of up to 0.60 per cent, when compared with the year-ago performance. The agency analysed over 400 companies accounting for over 50 per cent of NSE’s market capitalisation to arrive at its estimates. Some companies, especially in…
Union Home Minister Amit Shah and External Affairs Minister (EAM) S. Jaishankar on Thursday briefed President Droupadi Murmu on Pahalgam terror attack and the actions being taken by the government in its aftermath. The high-level update came amid a flurry of diplomatic activity at the Ministry of External Affairs (MEA) headquarters in South Block, where…
Pahalgam terror attack: Leading carriers Air India and IndiGo on Thursday announced that their international flights will take an alternative extended route, after Pakistan closed its airspace for India amid rising diplomatic tensions after the deadly Pahalgam terror attack in Jammu and Kashmir. Air India said that due to the announced restriction of Pakistan airspace…
Axis Bank Q4 FY25 Results: Private sector lender Axis Bank on Thursday reported a net profit of Rs 7,118 crore for the quarter ended March 31, almost unchanged from the corresponding period a year ago but slightly lower than analysts’ expectations. Its net interest income–or the difference between the interest earned and the interest paid–increased 5.5 per…
Eternal Group, the parent company of Zomato, has dismissed media reports suggesting that Rakesh Ranjan, the CEO of its food delivery business, has resigned. In a stock exchange filing on Thursday, the company clarified that Ranjan continues to serve in his leadership role and has not tendered any resignation. The clarification came after a media…
Following the Pahalgam attack, after India suspended visas of all Pakistani nationals and asked them to leave the country within 72 hours, Pakistan also hit back. The neighbouring country suspended visas of all Indians except Sikh pilgrims, suspended trade, closed airspace, sealed the Wagah border, and asked Indian Army, Air Force and Navy attachés to…
Tech Mahindra Q4FY25 Results: IT services and consulting firm Tech Mahindra for the March quarter reported a 18.7 per cent growth in net profit quarter-on-quarter (QoQ) to Rs 1,167 crore. On a year-on-year (YoY) basis, the profit grew 76.5 per cent. Zee Business research anticipated net profit to come in higher by 10 per cent sequentially…
Oppo A5 Pro 5G Launched: OPPO, a China-headquartered firm known for its budget-friendly smartphones, camera, and smart features, has launched a new model in its ‘A’ series—OPPO A5 Pro 5G—citing a flagship-level model at a mid-range price and officially launched on Thursday, April 24, 2025. Camera The smartphone features a 50MP rear camera equipped with an…
The State Bank of India (SBI), India’s largest lender by assets, has announced that its board will meet on Saturday, May 3, 2025, to declare the SBI Q4 results 2025 and financial performance for the year ended March 31, 2025. SBI Q4 Results 2025 date confirmed in regulatory filing In an exchange filing submitted on…
After a two-day losing streak, the rupee bounced back on Thursday, appreciating 16 paise to settle at 85.29 (provisional) against the US dollar, buoyed by a softer greenback and an overnight drop in global crude oil prices. Forex traders said the recovery in the domestic currency was supported by easing US Treasury yields and a…
