Voltas’ Q1FY27 results have been met with mixed reactions from brokerages, highlighting the importance of quarterly earnings in the Indian stock market. The company reported a 51.3% increase in consolidated net profit, driven by strong growth in the room air conditioners segment.
Tempsens Instruments is set to launch its ₹650 crore IPO on August 20, with a price band of ₹285-300 per equity share. The company plans to utilise the proceeds to fund capital expenditure and repay debt, making a significant entry into the Indian stock market.
The Reserve Bank of India’s surprise move to close its concessional diaspora-deposit forex swap window a month early has dented sentiment in the Indian bond market, adding pressure to already firm oil prices. Traders await minutes of the RBI’s August monetary policy decision for fresh cues.
The Reserve Bank of India’s (RBI) deadline extension for swap support has left banks scrambling to secure short-term loans abroad to finance FCNR(B) clients, potentially at a higher rate. This move exposes banks to risks of higher payouts immediately and uncertain market conditions.
Discover the benefits of adding debt or fixed income to your portfolio and learn why a 100% equity approach may not be the best choice for long-term investors. Get expert insights on risk-adjusted returns and volatility to make informed investment decisions.
India is handing over operations at Chabahar Port’s Shahid Beheshti terminal to the Iranian government amid US sanctions, seeking safeguards to regain control when sanctions end. The port is strategically important to India, providing access to Afghanistan and Central Asia.
The Indian stock market witnessed a decline last week, with the top 5 firms losing nearly Rs 1 lakh crore in market value, due to elevated crude oil prices and geopolitical uncertainty. TCS and Reliance Industries were among the firms that suffered a decline in market value.
India’s top-10 most valued firms collectively saw their market capitalisation erode by Rs 1 lakh crore last week, with Tata Consultancy Services (TCS) taking the biggest hit. Elevated crude oil prices and geopolitical uncertainties weighed on investor sentiment, leading to a decline in the market capitalisation of these firms.
The Indian stock market witnessed a decline in the market capitalization of five top-10 firms, resulting in a loss of Rs 1 lakh crore. Learn more about the key takeaways and winners in the market.
Indian Bank is set to tap into the RBI’s concessional swap window to raise $400 million through External Commercial Borrowings (ECB) this week, in a bid to support its business growth. The bank aims to garner $1 billion from the ECB and about $2 billion via FCNR (B) deposits.
