New Delhi-based PC Jeweller Ltd has reported a strong performance in the second quarter of FY2025-26, driven by robust festive demand for gold jewellery and significant progress on its debt reduction strategy. Q2 Financial Highlights Revenue: Rose 63% YoY to ₹808 crore in July–September 2025, up from ₹496…
Ashoka Buildcon Limited has strengthened its infrastructure portfolio by acquiring a majority 61.17% stake in Jaora-Nayagaon Toll Road Company Private Limited (JTCL). The acquisition was executed through its subsidiary, Viva Highways Limited, which purchased 7,46,20,000 equity shares from Macquarie SBI Infrastructure Investments Pte Limited and SBI Macquarie Infrastructure…
CSB Bank has reported a strong performance in its September quarter provisional business update, with robust growth across both deposits and advances. The lender’s total deposits rose 25% year-on-year to ₹39,651 crore, while gross advances surged 29% to ₹34,730 crore, underscoring its steady momentum in credit expansion. Key…
India — SKF India Limited has announced that October 15, 2025 will be the record date for its demerger, which splits off its industrial business into a new company, SKF India (Industrial) Limited. As of that date, every shareholder in the existing SKF India will receive one fully…
India’s consumption landscape is undergoing a transformative shift, driven by evolving consumer behaviour and changing preferences: Rising incomes, rapid urbanization and a tech savvy aspirational population are reshaping consumption patterns across urban and rural markets. Further, quick commerce and e-commerce are enhancing convenience and also expanding market reach.…
Why Motilal Oswal Consumption fund? (source: motilaloswalmf.com) Motilal Oswal Consumption Fund NFO Investment Objective: The primary objective of the Scheme is to generate long-term capital appreciation by investing predominately in equity and equity related securities of companies engaged in consumption and consumption related activities. However, there is no…
Abu Dhabi’s International Holding Company (IHC) has announced a landmark investment of nearly $1 billion (₹8,850 crore) into Sammaan Capital Limited (formerly Indiabulls Housing Finance), marking one of the largest primary capital infusions by a single investor into India’s non-banking financial sector (NBFC). The investment, through IHC’s subsidiary…
Sammaan Capital: Avenir Investment Infuses ₹8,850 Crore Avenir Investment to acquire a 43.46% stake through shares and warrants at ₹139 apiece, an 18% discount to current price. Investment split into ₹4,587 crore via shares and the rest through warrants in two tranches. An open offer will follow. CSB…
View on market: Volatility persists, eagerly searching for growth: Asian stock markets opened higher on Friday, showing strong momentum and heading for a positive week. Optimism around artificial intelligence supported global equities, lifting investor confidence and pushing major benchmarks to fresh records. Technology stocks in the United States…
RITES Limited, India’s leading transport infrastructure consultancy and engineering firm, has signed a Memorandum of Understanding (MoU) with Etihad Rail to strengthen business collaboration with its subsidiary, National Infrastructure Construction Company (NICC) LLC, a prominent UAE-based infrastructure construction company. The partnership aims to advance joint projects in mobility…