Tag: NDTV Profit

PhonePe announced the launch of PhonePe PulsePro, its enterprise intelligence platform on Thursday, according to a press release from the company.  The platform transforms aggregated transaction data into hyperlocal, near real-time market insights, in order to facilitate organisations to make faster, smarter business decisions. Businesses are increasingly seeking timely and granular market intelligence as consumer and merchant…

The Indian equity benchmarks had a rollercoaster Thursday, ultimately ending the session on higher. Going ahead, analysts expect the index to remain range-bound with a positive bias. “Indian equities are expected to trade sideways with a positive bias, supported by healthy domestic macroeconomic fundamentals and corporate earnings,” said Siddhartha Khemka, Head of Research, Wealth Management, Motilal…

The National Stock Exchange of India reported a nearly 9% sequential rise in net profit for the quarter ended June, supported by stronger operating margins despite a decline in revenue. The IPO-bound exchange posted a consolidated net profit of Rs 3,120 crore, up 8.7% from Rs 2,871 crore in the previous quarter, according to the…

Wall Street traders whipsawed stocks as the Federal Reserve held off on raising interest rates, but signaled support of rate hikes is growing as officials assess the impact of the Iran war on inflation. A resurgence in Middle East violence drove Brent crude above $90, spurring concerns about price pressures and dimming the appetite for…

Bangladesh’s ousted Prime Minister Sheikh Hasina has said she intends to return to the country by December despite the risk of arrest, imprisonment or even execution. AFP reported that the 78-year-old leader, who has been living in New Delhi since leaving Bangladesh in August 2024, said she was fully aware of the consequences she could…

Yemen’s Iran-backed Houthi movement claimed on Tuesday that it fired ballistic missiles at a Saudi oil tanker in the Red Sea, accusing the vessel of violating what it called a maritime blockade on Saudi Arabia and ignoring repeated warnings. Times of Israel reported that Houthi military spokesperson Yahya Saree said the tanker was forced to…

AU Small Finance Bank is laying the groundwork for its next generation of leadership, with its MD and CEO Sanjay Agarwal saying succession planning is the biggest challenge he will face over the next six years. Emphasising the importance of internal talent, he said the bank aims to create a strong leadership bench comprising of…

Shares of Astral Ltd. and Supreme Industries Ltd. are likely to remain in focus after Polyvinyl Chloride (PVC) resin prices were raised by Rs 4 per kg, effective July 27, according to channel checks. The increase marks the first meaningful price hike since the Centre imposed a Minimum Import Price (MIP) on PVC imports. Industry…