India's markets regulator has proposed relaxing the threshold for which companies need to seek shareholder approval for related-party transactions though a system based on the firm's annual turnover.
Cigarette maker Godfrey Phillips India Ltd on Monday reported a 56 per cent jump in consolidated net profit at Rs 356.28 crore in the first quarter ended June 2025, riding on higher sales.
Wall Street was on track to open with gains on Monday following Fridays sell-off that was triggered by fears of a slowing economy after the government released some grim data on U.S. job growth.
Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package.
Morgan Stanleys Ridham Desai forecasts a 10% upside in the BSE Sensex, targeting 89,000 by June 2026. The optimism stems from macro stability, equity-friendly household shifts, and lower inflation volatility, supported by multiple structural growth triggers in India.
Marico posted a 9% YoY rise in Q1 FY26 net profit at Rs 504 crore, driven by strong international growth and price-led gains in India. Revenue surged 23% to Rs 3,259 crore, despite margin pressure from high input costs.
