Bharti Airtel on Tuesday reported a sharp jump in consolidated net profit to Rs 11,022 crore for the January–March 2025 quarter, marking a nearly five-fold increase from Rs 2,071.6 crore in the same period a year earlier.The strong performance was driven by the benefits of a tariff hike and a one-time tax gain.The telecom major…
US stocks opened flat on Tuesday, reflecting a cautious investor mood following a key inflation report and lingering uncertainty over trade negotiations with China. As of 9:46 a.m. ET, the Dow Jones Industrial Average slipped 166.7 points, or 0.39%, to 42,243.4, while the Nasdaq Composite advanced 111.65 points, or 0.6%, to 18,819.99. The S&P 500…
US inflation eased for a third consecutive month in April, as falling grocery and gasoline prices offset early impacts from recently imposed tariffs. However, economists caution that price pressures may re-emerge in the coming months as the full effects of trade duties begin to filter through the economy.Consumer prices rose 2.3% in April from a…
SpiceJet on Tuesday announced it will resume its Haj 2025 operations from Srinagar starting May 14, with two flights scheduled to depart for Medina. This comes a day after Srinagar airport reopened for civilian flights following a temporary shutdown amid the recent military tensions between India and Pakistan.“SpiceJet will resume its Haj 2025 operations from…
Pharmaceutical major Cipla Ltd on Tuesday reported a 30% year-on-year (YoY) rise in its consolidated net profit, which stood at Rs 1,222 crore for the fourth quarter ended March 31, 2025.The strong performance was driven by higher sales in key markets including India, the United States, and Africa.The Mumbai-based company had reported a net profit…
India’s leading two-wheeler manufacturer, Hero MotoCorp, reported a 6% year-on-year (YoY) increase in its standalone net profit, reaching Rs 1,081 crore for the fourth quarter of FY25.The company also saw a 4% YoY rise in revenue from operations, totalling Rs 9,519 crore for the quarter.In line with its strong performance, Hero MotoCorp’s Board has recommended…
Centre has identified strategic coastal land in Tamil Nadu, Gujarat, and Andhra Pradesh to establish mega shipbuilding and repair facilities, marking a major push toward making India a global shipbuilding hub. One of the first projects could be a Rs 10,000 crore mega shipyard in Thoothukudi, Tamil Nadu, with South Korea’s HD Hyundai nearing a…
India announced several economic and strategic measures against Pakistan with an aim to cripple its already struggling economy. Prime Minister Narendra Modi’s strong address to the nation after the India-Pakistan ceasefire also has a big economic message for Pakistan. “India’s stand is very clear… Terror and talks cannot go together… Terror and trade cannot go…
Air India declared on Tuesday the suspension of its two-way flight services connecting multiple destinations. (AI image) India-Pakistan tensions impact on air travel: Hours after resuming flights to airports in parts of northern India, airlines like Air India and IndiGo announced cancellations for May 13.On Monday, the Airports Authority of India (AAI) declared that 32…
Infosys reported a decline of 11.7% in its net profit to Rs 7,033 crore for the fourth quarter compared to the previous year. Infosys staff members have received signals suggesting a reduced performance bonus for the quarter ending March 2025, reflecting ongoing uncertainty in the IT services industry.During a recent conference bridge discussion with a…
