TATA POWER COMPANY LTD Q3 RESULTS
Stocks in news: Hyundai India, Vedanta, Adani Power, Tata Motors, Aurobindo Pharma
Indian markets remained mostly stable on Friday, with several companies making headlines. Hyundai India will reduce prices following GST reforms, while Adani Power will develop a hydroelectric project in Bhutan. Vedanta's bid for Jaiprakash Associates includes a staggered payment plan, and Tata Motors will pass on GST benefits to commercial vehicle customers.
SpiceJet to unground 10 aircraft by April 2026, expansion underway to meet market demand
SpiceJet aims to restore grounded aircraft by April 2026, including several Boeing 737 NG, MAX, and Q400 planes. The airline has secured maintenance slots and dispatched engines for repair. SpiceJet received overhauled engines from StandardAero. SpiceJet raised funds and finalized a lease for ten Boeing 737s.
Urban Company IPO risks explained: 12 warnings on operations, regulations and valuation
Urban Company's upcoming IPO, opening September 10, carries inherent risks for investors. The Red Herring Prospectus highlights concerns including sustained losses, intense competition, and high marketing costs. Dependency on gig workers, legal and regulatory challenges, and potential data security breaches also pose threats. Furthermore, reliance on limited service categories and geographic concentration could impact business.
Earnings recovery to drive market momentum: Mayuresh Joshi
Indian equity markets saw a 1% gain but stayed below 25,000, prompting analysis of underlying trends. GST rationalization is expected to boost volumes and margins from Q3, benefiting India Inc. Metals led sectoral gains, supported by potential US rate cuts and improved India-China ties. Despite positive indicators, markets remain cautious, awaiting earnings reset and resolution on US tariffs.
Demon Slayer Infinity Castle tickets are now available in India, but there’s a catch
Advance booking has commenced for Demon Slayer: Infinity Castle on BookMyShow, with screenings limited to select theaters from September 12-14. This first film adapts the final arc, depicting Muzan Kibutsuji's assault and the Demon Slayer Corps' ultimate battle. Available in Japanese and English, it promises breathtaking visuals and emotional depth, featuring new theme songs by Aimer and LiSA.
SpiceJet Q1 Results: Airline slips into red with Rs 234 crore YoY loss, revenue falls 36%
SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year. Revenue from operations also declined significantly. It fell by 36 percent year-on-year, reaching Rupees 1,060 crore.
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Multibagger in 6 months, GMDC shares surge 13% to hit fresh 52-week high
GMDC is one of India’s leading mining and mineral processing companies with operations for more than five decades.
Varun Beverages Ltd forms JV with Everest International to make refrigerators
Varun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% stake in the venture, which will focus on manufacturing visi-coolers and other refrigeration equipment. The company has invested ₹21.25 crore, acquiring 2,12,50,000 equity shares in White Peak Refrigeration Pvt Ltd.
Ola Electric shares decline 4% as SoftBank trims stake to 15.68% in 2 months
SoftBank reduced its stake in Ola Electric, joining other investors like Tiger Global and Hyundai in trimming holdings. Despite this, Ola Electric secured PLI scheme certification, potentially easing financial pressures. The company reported lower revenue and increased losses in Q1, attributed to heightened competition and weaker demand, with shares closing down 6.3%.
NTPC shares in focus after Tanda Thermal Power Station Stage-I shutdown
NTPC shares are set to be in focus after the state-run power producer announced the permanent closure of its Tanda Thermal Power Station, Stage I, effective September 1. The facility comprised four units of 110 MW each. The shutdown, approved by the competent authority and communicated to the CEA, aligns with NTPC’s ongoing portfolio optimisation strategy.
How will the recent GST changes affect different sectors of the economy?
GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benefit. Two-wheeler makers with higher than 350 cc bikes may face negative impact. Retail-focused lenders could see improved credit demand. Renewable energy companies may gain from GST reduction on solar cells.
Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?
AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.
U.S. stock market: Today’s hot stocks Alphabet, American Eagle, Nvidia lead market movers — are investors chasing the right picks now?
U.S. stock market is going through a volatile September, a month that historically tests investor nerves. Today, the spotlight is on Alphabet, American Eagle, and Nvidia, which are leading market movers with sharp gains despite broader uncertainty.
From Mahindra Thar to Hyundai Creta: Popular cars that will get cheaper with GST 2.0
The Goods and Service Tax revision brings joy for the auto industry. Several popular cars will now be priced lower. The tax rate for small cars has been reduced from 28 per cent to 18 per cent, while luxury cars will be taxed at 40 percent. Notably, cess has been scrapped, brining the prices of bigger cars down too.
Adani Green, Waaree Energies and other renewable energy stocks in focus as GST cut to 5% from 12%
Renewable energy stocks like Adani Green, Tata Power, NTPC, and Waaree Energies in focus after the GST Council cut tax on solar, wind, biogas, and other clean energy devices and parts to 5% from 12%, lowering costs for developers and boosting green transition.
Metal stocks surge as CLSA predicts recovery amid China's steel capacity cuts
Metal stocks saw gains on Wednesday. CLSA suggests the sector's downturn might be ending. China's planned steel capacity reduction could boost Indian metal companies' profits. Tata Steel and Jindal Steel experienced significant surges. Analysts predict further upsides for metal stocks. The Nifty Metal Index outperformed the benchmark Nifty. Experts highlight potential for sustained rally with demand recovery.
US stock market: Dow Jones falls, S&P 500, Nasdaq gain. Check top performing stocks
Google parent Alphabet and Apple made big gains as S&P 500, Dow Jones, Nasdaq look ahead to key US jobs data later in the week.
Multibagger or IBC - Part 22: Over Rs. 1,000 crore cash in books. Dry powder ready for EV play and M&As?
Internal combustion technologies face long-term disruption as EV adoption grows, but this auto ancillary player is hedging its bets. While the core business continues to support a deep OEM client base, the company has stepped into electric mobility with motors and controllers. The latest financials show growing revenues, healthy margins and EPS, and strong cash reserves. Diversification across 45+ countries, steady dividend payouts, and disciplined capital allocation provide resilience, making this company’s transition worth tracking in the fast-changing auto ancillary landscape. This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.
Apple wins big! Judge refuses to kill its $20 billion Google search goldmine, stock soars
Apple won a big court boost as a judge allowed its search deal with Google to continue. This deal is very important for Apple because it gives huge money every year. The decision also made Apple stock rise. Google also gained after the ruling. The case is part of a bigger fight over search power.
Domestic mutual funds now own 10.6% of NSE-Listed companies, highest ever: NSE Pulse Report
Domestic mutual fund ownership in NSE-listed companies hit a record 10.6%, driven by strong SIP inflows and rising retail participation. Active funds hold 8.6%, passive 1.9%. Combined direct and indirect individual ownership now stands at 18.5%. Both active and passive equity AUMs show robust growth, reflecting sustained investor confidence.
Tata Steel and other metal stocks rally up to 6% on China capacity curbs, policy support
Metal stocks rallied on Wednesday with Tata Steel up 6%, as China’s production curbs and India’s tariff protection boosted sentiment. The Nifty Metal index rose 2.5%, led by Tata Steel, Jindal Steel, SAIL, and JSW Steel, with analysts seeing firmer steel prices ahead.
ACME Solar secures 50 MW dispatchable renewable project from Tata Power-D
ACME Solar Holdings has secured a 50 MW Firm and Dispatchable Renewable Energy (FDRE) project from Tata Power-D, winning the tender with a tariff of Rs 4.43 per unit. The project, combining solar and battery storage, must maintain a 40% CUF and ensure peak-hour supply. ACME will commission the project within 24 months of signing the 25-year PPA.
Treasury chaos: 30-year yield soars past 4.97% as US faces tariff refund threat
Treasury yields moved higher as investors worried about the future of U.S. tariffs after a key court ruling. The 30-year yield crossed 4.97%, its highest in weeks, while global bond markets also saw a sharp rise. The case over Trump tariffs has now created fresh questions for Wall Street, government revenue, and market stability.
Tata Capital sets stage for USD 2 bn IPO after global roadshows; valuation seen at $18 billion
Tata Capital is gearing up for its highly anticipated USD 2 billion IPO, slated to debut by September 30, potentially becoming the largest IPO of 2025. Following successful investor roadshows across global financial hubs, the company's valuation is expected to reach USD 18 billion.
Innovating the AI-Powered Factory: A Conversation with Arpit Chhabra, CEO of IoTfy
IoTfy, led by CEO Arpit Chhabra, is transforming India’s appliance manufacturing with its AI-first IoT platform and ZenO MES. By combining localized design, predictive analytics, and secure data intelligence, the company empowers brands to deliver smarter, consumer-centric, and future-ready products.
Odisha: Power discoms launch 1-kW rooftop solar scheme for household electricity generation
Tata Power-led Odisha discoms have introduced a 1-kW rooftop solar scheme under the PM Surya Ghar Muft Bijli Yojana, enabling households to generate approximately 100 units of electricity monthly. Consumers pay a one-time fee of Rs 5,000, with the remaining cost covered by central and state subsidies.
Jensen Huang just dropped 8 shocking quotes that could redefine Nvidia's future
Nvidia CEO Jensen Huang shared big ideas about the company’s future. He talked about AI growth, robotics, supercomputers, and huge business chances in China. Nvidia is already the biggest tech company in the stock market, and it wants to grow even more with new AI tools and faster chips that can power the next generation.
Falling unlisted shares and a rights issue: What's fuelling Tata Capital’s IPO pricing concerns?
Tata Capital is set to launch a Rs 17,200 crore IPO by late September, marking one of India's largest financial sector listings. While unlisted shares have dropped 20% amid a recent rights issue at Rs 343, analysts say IPO pricing will hinge on broader NBFC valuations, not recent transactions. Strong financials and Tata branding continue to drive investor interest despite market corrections.
BSE 500: 360 stocks sink in August, 65 crash in double-digits; KIOCL, Maruti & Godfrey Phillips shine up to 28%
BSE 500 slipped nearly 2% in August as Trump’s tariff moves and weak Q1 earnings spooked investors. FIIs pulled out nearly Rs 35,000 crore, dragging PSU, infrastructure, and energy stocks, while autos, consumer discretionary, and durables outperformed on GST reform optimism. PNB Housing Finance was the biggest loser as the counter slipped 24% in August while top returns of 28% was recorded by KIOCL.
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