Dilip Buildcon is known mainly as a road contractor; a pipeline it owns and operates for 25 years brings a different kind of income, a transport tariff over time instead of a one-off construction payment, and needs the…
The update separates two sources of growth: new stores and sales at existing ones. With like-for-like growth of 4.1% in India against group revenue growth of 11.9%, most of the increase came from the larger store…
The issue price is about 26% below the last close, and at two for 25 the new shares add 8% to the share count once fully paid. Because the shares are partly paid, the company receives the money in instalments, not all…
Tariffs are the main lever on a telecom operator's average revenue per user, and postpaid customers are the highest-paying part of the base, so a Rs 50 rise there adds revenue with little extra network cost. Postpaid…
New coal-fired capacity is being ordered again by public utilities, and the equipment and construction work goes to a short list of Indian suppliers of boilers and turbines, L&T and BHEL among them. For L&T the order…
Both updates describe the same market: record gold prices are lifting the value of each sale while fewer new buyers come in, and part of this year's festive demand falls in the December quarter. For listed jewellers…
For Gabriel India, known for shock absorbers and other ride-control parts, the venture adds a second product line, though as a minority holder it will not consolidate the seating revenue. For Forvia, India is named as…
These are the first hard numbers for the quarter from public-sector lenders and they match the acceleration private banks reported a day earlier. For bank earnings the open question is margins: loan growth of 17-19%…
TCS is the first large IT exporter to report, so its commentary on pricing, client budgets and deal conversions sets the reference for Infosys, HCLTech and Wipro, which follow. The report lists the points analysts are…
These are the first hard readings on discretionary spending for the quarter, and they came in above forecasts even though part of the festive season moved into October-December: Citi had pencilled in 18% growth for…
Consumer Services · Fast Moving Consumer GoodsUpstox ↗
All four beat the loan-growth estimates Business Today cites from Motilal Oswal, days before the results season and one day before the RBI's rate decision. Part of the jump is one-off: banks raised foreign-currency…
Two things stand out for bank earnings. Growth is being funded mostly by term and foreign-currency deposits, which cost more than savings balances, so the share of cheap deposits is falling and that weighs on the…
A memorandum is a statement of intent, not a funded order: no timeline or financing plan was given, and the sum is large against the company's present size, so how it is paid for is the open question for shareholders…
Jet fuel is roughly 40% of an Indian airline's operating cost, so a 13.2% rise in one month cannot be absorbed without either higher fares or lower margins. IndiGo is choosing fares; the test is whether demand holds as…
Bajaj Finance is the largest listed consumer lender outside the banks, so its quarterly update is read as a gauge of retail credit demand ahead of the festival season and of an RBI decision on October 7 where…
HDFC Bank is the largest weight in the Nifty 50 and Nifty Bank, so its numbers set the tone for the banking earnings season. Deposits growing faster than loans matters for a lender that has spent the period since its…
Compressed biogas is made from crop residue, dung and food waste and is sold as a substitute for natural gas in vehicles and industry, so the announcement touches three groups of listed companies: Reliance itself…
The data shows a split inside the sector. Passenger-vehicle makers posted growth in domestic sales. The tractor business, which depends on rural income, weakened in a deficient monsoon year. Two-wheeler domestic demand…
Accenture is the largest listed IT-services peer of Indian firms and serves many of the same US and European clients, so investors read its results as a signal of global outsourcing demand. TCS, Infosys, HCLTech and…
The deal puts an outside price on India's largest private airport operator and funds its expansion with new equity rather than more debt, easing capital demands on Adani Enterprises. The roughly $18-billion valuation…
HDFC Bank is India's largest private lender and one of the heaviest index weights, so a leadership change during a period of slow growth and a roughly 26% share-price fall this year matters for benchmark indices…
Reliance is one of the largest index weights, so its results move the benchmarks. Higher crude prices inflated O2C revenue and the 17% rise in that unit's EBITDA shows refining earnings holding up through the West Asia…
Oil Gas & Consumable Fuels · Telecommunication · Consumer ServicesBusiness Standard ↗
As the largest Indian IT services company, TCS sets the tone for the sector's results season. Near-flat constant-currency growth and a margin dip from salary increases show how slow client spending is capping earnings…
SBI is the country's largest lender and a bellwether for state-run banks, so a margin squeeze after the 2025 rate cuts points to pressure on interest income across PSU banks, whose loans reprice faster than their…
The purchase roughly doubles Sun Pharma's revenue base and deepens its exposure to the US and biosimilars, but it is financed largely with $9.25-9.75 billion of new borrowing, so integration, synergy delivery and debt…
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