Latest business news
The rising gold prices act as a double-edged sword for jewellery stocks, as they can lead to inventory gains but dent demand, which could impact the profitability. With gold prices once again eyeing the ₹1,00,000 mark in the spot market, the spotlight is back on the jewellery companies like Titan, Kalyan Jewellers and Senco Gold,…
Canara Robeco IPO: Canara Robeco Asset Management Company, the mutual fund arm of state-run lender Canara Bank, has filed draft papers for its initial public offering (IPO) with the capital markets regulator Securities & Exchange Board of India (SEBI). Canara Robeco IPO will be completely an offer for sale (OFS) of 4.98 crore equity shares…
Mining major Vedanta share price will remain in focus in Friday’s trading session after the company posted robust fourth quarter performance on Wednesday, April 30. Vedanta reported a 154 per cent increase in its consolidated net profit, reaching ₹3,483 crore for the quarter ending March 31, 2025, compared to ₹1,369 crore in the same period…