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  • newSyngene zooms 17% despite 19% YoY drop in Q4 profit
    Syngene shares surged despite a 19% YoY decline in Q4FY26 net profit to Rs 148 crore, as earnings rebounded sharply from Rs 15 crore in the previous quarter. The results included a Rs 20 crore gratuity credit and a Rs 25 crore exceptional loss from employee termination benefits, alongside management changes.
    - 4 hours ago 30 Apr 26, 12:49pm -
  • newHUL drops over 4% despite Q4 topping Street estimates
    Hindustan Unilever shares fell up to 4.4% despite a strong Q4, with net profit rising 21.4% YoY to Rs 2,992 crore. Revenue grew 7.6% to Rs 16,351 crore, while EBITDA rose 3.2% to Rs 3,877 crore, improving margins to 23.7%. Home Care led segmental growth, delivering its best performance in 11 quarters, driven by strong Fabric Wash demand.
    - 4 hours ago 30 Apr 26, 12:08pm -
  • newMeesho shares jump 10% as JP Morgan initiates coverage with Rs 215 target price
    Meesho shares surged nearly 10% after JP Morgan initiated coverage with an 'Overweight' rating and a Rs 215 price target. The brokerage highlighted Meesho's potential for significant EBITDA margin expansion and strong net merchandise value growth, driven by advertising monetization and improved logistics. JP Morgan forecasts substantial free cash flow recovery and anticipates market leadership to continue.
    - 5 hours ago 30 Apr 26, 11:30am -
  • newVedanta's 65% share price crash an illusion, the stock is down just 5%. Here's why
    Vedanta shares adjusted significantly post-demerger, appearing to crash but actually declining 5% as four entities (Aluminium, Power, Oil & Gas, Steel) were separated. This restructuring aims to unlock shareholder value by allowing independent businesses to be valued more fairly. The demerger, approved by NCLT, sees the base metals business remain with a restructured Vedanta, while new entities will list separately.
    - 6 hours ago 30 Apr 26, 10:36am -
  • newBajaj Finance shares jump 4% after strong Q4 results. Why Jefferies, Morgan Stanley and others are bullish
    Bajaj Finance shares rose up to 4.2% after the company reported a 22% YoY jump in Q4 net profit to Rs 5,553 crore. AUM crossed Rs 5 lakh crore, growing 22%, while quarterly AUM addition stood at Rs 25,498 crore. Strong momentum was driven by robust loan growth, with 12.89 million loans booked and customer base rising 17% to 119.33 million.
    - 7 hours ago 30 Apr 26, 9:32am -
  • newWaaree Energies shares crash 9% despite 75% increase in Q4 net profit, upbeat FY27 guidance
    Waaree Energies shares tanked as much as 9% even after a robust March quarter and full-year performance. The company reported significant revenue and profit growth. Strategic investments in polysilicon and expansion of module and ingot facilities are underway. Waaree also announced a new glass manufacturing unit. The company has guided for strong EBITDA in FY27, signaling continued growth and value chain integration.
    - 8 hours ago 30 Apr 26, 8:44am -
  • The billion-barrel Hormuz oil shock is about to crash demand
    The closure of the Strait of Hormuz is wreaking havoc on global oil supplies. Experts are cautioning that as stockpiles dwindle, demand is likely to plummet. This disruption is rippling through diverse industries and impacting consumer markets around the globe. If a swift resolution isn’t reached, we could see oil prices spike, leading consumers to curtail their spending.
    - 5 days ago 25 Apr 26, 11:48pm -
  • RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costs
    New Reserve Bank draft on upper layer non-bank finance companies disproportionately impacts core investment companies by increasing compliance costs. Mandatory listing requirements could prove onerous for many CICs, particularly those not seeking public market access. The AUM-based approach may present challenges for these entities, especially regarding listing and governance.
    - 10 days ago 20 Apr 26, 7:06pm -
  • Iran to resume international flights from Mashhad airport on Monday
    Iran's Civil Aviation Organization announced that international flights will resume from Mashhad Airport starting Monday. This marks the beginning of a phased reopening of Iranian airspace, with transit flights and eastern airports being prioritized. Travelers can now purchase tickets for international routes to and from Mashhad.
    - 11 days ago 20 Apr 26, 12:27am -
  • UK police examine Iran links to arson attacks on Jewish targets
    London police are probing potential Iranian involvement in recent arson attacks targeting Jewish sites. The UK Chief Rabbi warns of a growing campaign of violence. A pro-Iranian group has claimed responsibility for some incidents. Counter-terrorism units are actively investigating these threats. Authorities are vigilant about hostile Iranian activity within the UK. These events highlight a concerning escalation of tensions.
    - 11 days ago 20 Apr 26, 12:22am -
  • War crisis revives stagflation dangers for global economy
    Global business surveys this week will reveal the escalating impact of seven weeks of Middle East conflict on growth and inflation. Initial data from Australia to the US is expected to show deterioration, particularly in Europe, raising concerns about potential stagflation. Policymakers are cautiously awaiting these figures to inform interest rate decisions.
    - 11 days ago 19 Apr 26, 11:59pm -
  • Iran to prioritise Strait of Hormuz passage for vessels that pay fees
    Iran will now prioritize ships that pay fees for passage through the Strait of Hormuz. This comes after Tehran reimposed strict military control over the vital shipping lane. Iran cited repeated breaches of trust by the United States regarding a ceasefire agreement. Vessels not paying the new fees will face postponed passage.
    - 12 days ago 19 Apr 26, 12:26am -
  • Exporters seek removal of cap on interest subvention
    Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade uncertainties. The Federation of Indian Export Organisations believes the subsidy scheme needs revision. This aims to provide more substantial relief to businesses facing higher borrowing costs and fluctuating export demand.
    - 13 days ago 17 Apr 26, 11:50pm -
  • China's expanding surveillance state and crackdowns draw global scrutiny
    Concerns grow over China's global surveillance technology and repression of Uyghurs. The World Uyghur Congress highlighted these issues. Activists marked 36 years since the Baren Uprising, a key moment of Uyghur resistance. Demonstrations called for justice. China's new economic security framework also raises global unease.
    - 19 days ago 11 Apr 26, 3:56pm -
  • Macro buffers to help India tide over Gulf crisis: World Bank
    India's economic growth for FY27 is projected at 6.6 percent. The World Bank notes potential risks from the Gulf conflict impacting global energy prices. However, India's economy is strong, supported by reserves and low inflation. Growth is expected to average 7.1 percent from FY28 to FY29. Boosting private sector growth is key for job creation and achieving Viksit Bharat.
    - 21 days ago 10 Apr 26, 12:41am -

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