EV Startup BluSmart Raises $42 Million from BP Ventures
BluSmart Mobility, an Indian ride-hailing startup using electric vehicles, rose $42 million amid a battle against the two dominant operators, Uber Technologies and Ola Cabs....
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Despite Monsoon Worries, Foodgrains Mark Set 3% Higher
On Wednesday, the government of India set a slightly higher target of 332 million tonnes (MT) of foodgrain manufacture for the 2023-24 crop year, i.e.,...
Bajaj Consumer Care Q4 Net Profit Soars 13%, Shares Up 9%
Bajaj Consumer Care Limited (BCCL) shares rose on May 4 after the company posted a 13% rise in consolidated net profit to Rs 40 crore...
Petronet LNG Share Falls 5% After Q4 Earnings Miss Forecasts
Shares of Petronet LNG fell 4.7% to Rs 225.70 in early trade on May 4 after the LNG importer reported an 18.1% year-on-year fall in...
Fed Hikes Rate by 0.25% to 16-year High, Omission in Statement Signals Hike Pause
In a Policy Meeting on 3rd May, the Federal Reserve hiked its benchmark borrowing rate by 25 basis points to a 16-year high. The 10th...
Titan Share Plunges 1% after Q4FY23 Net Profit Zoomed 50%
Shares of Titan rose 0.83% to Rs 2,676.1 on May 4 after the company planned a dividend of Rs 10 per share, up 50% in...
ABB India Hits New High on Strong Q1 Results, Shares Up 33% So Far in 2023
Shares of ABB India rose 4% to hit a new high of Rs 3,606.35 in intraday trade on Thursday after the company recorded its highest-ever...
Cholamandalam Investment Shares Rise 9% After March Quarter Earnings Beat Estimations
On May 4, Murugappa Group firm Cholamandalam Investment and Finance Company’s shares soared nearly 9% after the company reported better earnings. The robust growth in disbursals...
Titan, Tata Chem, Adani Group, RIL, Petronet, Apollo Micro are in Focus
India’s main benchmark index was likely to be volatile on Thursday after the Federal Reserve raised interest rates by 25 basis points as expected and...
Adani-Hindenburg Row: Petitioner opposes SEBI plea for Extension, Auditor Resigns
A Public Interest Litigation (PIL) petitioner has opposed the Securities and Exchange Board of India’s (SEBI) plea to the Supreme Court seeking a six-month extension...