SUNAINA

Jubilant FoodWorks posted a 56.2% rise in consolidated revenue to ₹2,153.2 crore in Q3 FY25, driven by strong performance from Domino’s and other brands. Standalone revenue grew 18.9% year-on-year to ₹1,611.1 crore. Domino’s India saw 12.5% like-for-like growth, adding 60 stores, taking the total to 2,139. The company added 130 stores across its network, reflecting … Read more

The rupee closed at a record low of 85.83, declining 4 paise amid weak domestic equity markets and sustained foreign fund outflows. Concerns over the Human Metapneumovirus (HMPV) outbreak and surging US bond yields boosted the dollar’s safe-haven appeal. With Sensex plunging 1,258 points and forex reserves dropping by $4.1 billion, traders expect the rupee … Read more

Indian markets plunged as Sensex dropped 1.59% to 77,965, and Nifty lost 1.62%, closing at 23,616. Concerns over Q3 earnings growth, rising foreign fund outflows, and fears of Human Metapneumovirus (HMPV) led to heavy selling. Utilities and banking stocks bore the brunt. Investor wealth declined by Rs 10.98 lakh crore. FIIs sold Rs 4,227 crore … Read more

The Indian Council of Medical Research (ICMR) reported two Human Metapneumovirus (HMPV) cases in Bengaluru, Karnataka. Both cases involve infants—a 3-month-old girl and an 8-month-old boy—identified during routine respiratory illness surveillance. Though HMPV usually causes mild cold-like symptoms, the Union Health Ministry confirms no unusual surge in respiratory illnesses. This development is unlikely to significantly … Read more

Indian Energy Exchange (IEX) achieved a record electricity trade volume of 11,132 Million Units (MU) in December 2024, a 29% year-on-year (YoY) rise. Green market trades surged 236% YoY to 781 MU, while renewable energy certificates grew 58%. Lower average prices (down 14% YoY) in the Day-Ahead Market may attract Discoms and industrial buyers. These … Read more

Benchmark indices Sensex and Nifty started positively on Monday. Still, they slipped into the red due to Foreign Institutional Investor (FII) outflows of Rs 4,227 crore and caution ahead of the earnings season. Sensex fell 68 points to 79,159, while Nifty dropped 48 to 23,956. IT stocks like Infosys and HCL Tech gained, but Kotak … Read more

Macrotech Developers, operating under the Lodha brand, reported a 32% rise in sales bookings to Rs 4,510 crore for the December quarter, driven by strong residential property demand. This marks its best-ever quarterly performance. With a 25% increase in sales bookings to Rs 12,820 crore in nine months, the company aims for 21% annual growth, … Read more

IDBI Bank reported an 18% credit growth to Rs 2.06 lakh crore and a 9% rise in deposits to Rs 2.82 lakh crore in the December quarter. Total business increased 13% to Rs 4.89 lakh crore, reflecting strong growth momentum. Bandhan Bank also showed solid performance with 15% credit growth and a 20% surge in … Read more

NTPC Renewable Energy Ltd, a subsidiary of NTPC Green Energy Ltd, secured a 1,000 MW solar power project from Uttar Pradesh Power Corporation Ltd at a competitive tariff of Rs 2.56 per kilowatt-hour. This win positions NTPC as a key player in India’s renewable energy expansion, with the project expected to enhance its clean energy … Read more

Capital Infra Trust, supported by Gawar Construction, will launch its Rs 1,578-crore IPO from January 7–9, 2025 with a price band of Rs 99–100 per unit with lot size 150. The funds will be used to pay off debt for trust-managed road projects. Listings are scheduled for 14 January at NSE and BSE. This is … Read more