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Source: Live Mint Indian Railway Catering and Tourism Corporation (IRCTC), on Tuesday, announced a 14 per cent rise in its standalone net profit for the December quarter, reaching ₹341 crore compared to ₹300 crore in the same period last year. The company’s revenue from operations for Q3 FY25 stood at ₹1,225 crore, marking a 10…
Source: Live Mint Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Business NewsMarketsStock MarketsSmallcap IT stock sheds 5% after net profit drops 27.4% to ₹117 crore in December quarter, revenue up 1.5% YoY Read…
Source: Live Mint IT services firm Hexaware Technologies Ltd will launch its initial public offering (IPO) on February 12, with the price band fixed at ₹674-708 per share. Hexaware Technologies has raised ₹2,598 crore from 96 institutional investors via anchor book on February 11, a day before the issue opening. The IPO, which will close…
Source: Live Mint Readymix Construction IPO allotment: The allotment for Readymix Construction is expected to be finalised today, February 11. Investors can check their allotment status through the registrar, Bigshare Services, or on the NSE website. The IPO, which was open for subscription from February 06 to February 10, saw a healthy response from investors,…
Source: Live Mint In Union Budget 2025, Finance Minister Nirmala Sitharaman announced an increase in the Kisan credit card limit from ₹3 lakh to ₹5 lakh. This step has been taken by the Government of India to primarily enhance credit access for farmers, facilitate financial inclusion, promote financial support for agricultural needs and boost rural…
Source: Live Mint Indian investors saw about ₹9.3 lakh crore wiped out in market wealth on Tuesday as Trump’s latest tariffs, slower corporate earnings and a relentless selloff by foreign investors continued to rock the sentiment. Mid- and small-cap stocks took an even harder hit. Benchmark indices fell for the fifth straight session, with Nifty…
Source: Live Mint National Payments Corporation of India (NPCI) has issued fresh instructions with regards to UPI transactions relating to auto acceptance and rejection of chargebacks basis the Transaction Credit Confirmation (TCC) and returns. The digital payments body has rolled out auto acceptance and rejection of chargebacks basis the TCC/RET raised by the beneficiary bank…
Source: Live Mint The Union government has disbursed ₹1.11 lakh crore approximately, as interest free loans to states between April and January. This money has been disbursed under the Special Assistance to States for Capital Expenditure scheme as detailed in a report by PTI. Pankaj Chaudhary, Minister of State for Finance shared this information, highlighting…
Source: Live Mint US stocks opened lower on Tuesday, as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on interest rates and trade tariffs. At the opening bell, the Dow Jones Industrial Average fell 69.0 points, or 0.16%, to 44,401.38. The S&P 500 fell 17.1 points, or 0.28%, to 6,049.32, while…
Source: Live Mint China, a closed economy, has already achieved a generative AI breakthrough with DeepSeek’s model. US president Donald Trump is vying to retain America’s dominance in global technology by instituting curbs on AI and high-tech exports. Indian industry stakeholders said an agreement with France can give the country a significant international partner—both as…
