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Gold prices plunged Rs 1,000 to Rs 1,01,520 per 10 grams in the national capital on Tuesday in line with a sell-off in global markets, according to the All India Sarafa Association.
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News and Media
Novelis Inc, the wholly-owned subsidiary of Hindalco Industries, has reported a 36% year-on-year fall in its net income for the June quarter at $96 million. Excluding special items, the bottomline was 43% lower compared to the previous year at $116 million.
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News and Media
Indian Hotels Company Limited is prioritizing the midscale segment, led by Ginger, aiming for over 250 hotels. IHCL plans significant capital expenditure in the coming years. Qmin's success complements Ginger, while Am Stays shows growth. Acquisition strategies focus on scaling up and rebranding opportunities. The hospitality sector is expected to grow, with demand outpacing supply.
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News and Media
Hindustan Aeronautics Ltd reported a 3.7% YoY decline in consolidated Q1FY26 net profit to Rs 1,383.77 crore, despite an 10.8% surge in revenue to Rs 4,819.01 crore. Quarterly profits fell sharply 65.2% sequentially.
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News and Media
MRFs Q1FY26 net profit fell 13.35% YoY to 500.47 crore, while revenue from operations rose 6.65% to 7,675.69 crore. Total income grew 7.2% YoY, and profit dipped 2.3% sequentially.
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News and Media
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