Markets
16 articles
Canara Bank Q4: Profit Dips 9.9% as NII Rises and NPAs Improve
Canara Bank's Q4FY26 shows a mixed set of results with profit down, NII up, and asset quality improving as loan growth accelerates and deposits rise.
Canara Bank posted a mixed Q4FY26 performance, with net profit down 9.9% year-on-year to ₹4,506 crore, while net interest income rose 3.9% to ₹9,808 crore. Asset quality improved sequential…Canara Bank posted a mixed Q4FY26 performance, with net profit down 9.9% year-on-year to ₹4,506 crore, while net interest income rose 3.9% to ₹9,808 crore. Asset quality improved sequentially, with gross NPA at 1.84% and net NPA easing to 0.43%. The PSU lender also reported solid business growth, ... Read full article.
Bajaj Auto Q4 PAT up 34%, unveils ₹5,633 crore buyback & ₹150 dividend
Bajaj Auto posts a strong Q4 with PAT up 34%, announces a ₹5,633 crore buyback and ₹150 dividend as revenue climbs across motorcycles, e2Ws, 3Ws and …
Bajaj Auto reported a standalone PAT of ₹2,746 crore for the March quarter, up 34% year over year, helped by an exceptional ₹35 crore gain from prepayment of a deferral loan. The company al…Bajaj Auto reported a standalone PAT of ₹2,746 crore for the March quarter, up 34% year over year, helped by an exceptional ₹35 crore gain from prepayment of a deferral loan. The company also declared a dividend of ₹150 per share and announced a share buyback of ₹5,633 crore at ₹12,000 per equity ... Read full article.
Micron Tops $700B on Memory Rally, AI Demand Boosts Valuation
Micron Technology surged as memory stocks led a broad rally, with investors betting that AI workloads will keep driving demand for DRAM and NAND memory. The move pushed Micron’s market valu…Micron Technology surged as memory stocks led a broad rally, with investors betting that AI workloads will keep driving demand for DRAM and NAND memory. The move pushed Micron’s market value beyond the $700 billion mark, marking a milestone for one of the most valuable U.S. tech players. Analysts ... Read full article.
Apple Posts 17% Sales Jump as iPhone Growth Leads Earnings
Apple reports a strong quarter with iPhone demand fueling a 17% sales jump and a services surge, even as Tim Cook's departure looms.
Apple posted a strong quarter, with sales up 17% year over year and net income up 19%, underscoring continued demand for iPhones even as the company enters a CEO transition. Analysts had e…Apple posted a strong quarter, with sales up 17% year over year and net income up 19%, underscoring continued demand for iPhones even as the company enters a CEO transition. Analysts had expected roughly 20% growth in iPhone revenue, and early numbers suggest the flagship device remains the ... Read full article.
Defense stocks rally as DAC approvals boost shipbuilders, GRSE leads
Defence shares jump up to 20% after AoN approvals; GRSE posts record FY26 turnover as Cochin Shipyard, Mazagon Dock and others surge.
Defence stocks surged on Wednesday as the Defence Acquisition Council cleared Rs 2.38 lakh crore worth capital acquisitions, lifting sentiment across shipbuilders and suppliers. Among shipp…Defence stocks surged on Wednesday as the Defence Acquisition Council cleared Rs 2.38 lakh crore worth capital acquisitions, lifting sentiment across shipbuilders and suppliers. Among shipping names, Garden Reach Shipbuilders & Engineers (GRSE) jumped 19.75% to Rs 2,360, marking a fresh high after ... Read full article.
India buys 60 million barrels of Russian oil for April delivery amid supply strains
India secures about 60 million barrels of Russian crude for April, aided by a US waiver and diversification into Venezuela and Iran, easing supply wo…
Sensex flat as IT drags; metals lift early trading
Indian stocks open flat with Sensex near 83,463 and Nifty around 25,728, as IT weakness is offset by gains in metals and select counters.
IndiGo Shares Slump as CCI Probe Triggers Scrutiny; Profits Fall, Revenue Rises
InterGlobe Aviation faces a CCI probe after a prima facie order, while Q3 FY26 profits collapse 77.6% YoY to ₹549.1 crore and revenue climbs 6.2% to …
Federal Bank Q3 Beats Expectations; Jhunjhunwala, Zerodha Gain Rs 200 Crore
Federal Bank delivers a strong Q3 with rising margins and profits, lifting Rekha Jhunjhunwala and Zerodha holdings by over Rs 200 crore.
Wagon R 2026: Maruti’s Iconic Hatchback Gets Bold Upgrade and EV Surprise for India
Maruti Suzuki Wagon R 2026 brings fresh design, advanced safety, and an EV variant. Launch expected January 2026.
Mini-Plum Tomato Varieties Compared: Breedx vs. Leading Specialty Tomato Competitors
Mini-Plum Tomato Varieties Compared: Breedx vs. Leading Specialty Tomato Competitors
ICICI Prudential AMC IPO Closes Strong, GMP Signals Demand
ICICI Prudential AMC's Rs 10,602 crore IPO closes with full subscription by Day 2; GMP remains elevated as investor demand stays robust.
NVIDIA bets $2B on Synopsys to speed AI design tools
NVIDIA invests $2 billion in Synopsys to jointly develop AI-driven design tools, expanding a rapid-fire AI deal spree across tech.
ICIL to divest 0.56% of Airtel in ₹7,200 crore block deal
Sunil Mittal's ICIL plans to offload 0.56% of Bharti Airtel via a block deal worth around ₹7,200 crore, potentially at a ~3% discount to Tuesday's cl…
Adani Enterprises Sets Rs 1,800 Rights Issue Price, Aims to Raise ₹24,930 Cr
Adani Enterprises fixes its rights issue price at ₹1,800 per share, a 24% discount to the current price, planning to raise about ₹24,930 crore with t…
Orkla India opens flat, slips below IPO price; long-term bets rise
Orkla India's listing opened around Rs 750, briefly above the issue price, before easing below IPO levels, with analysts viewing it as a solid entry …