News Overview

Standard Chartered Bank is spearheading the fundraising effort, which will also involve credit investors who may join the lending pool.

In the Andaman & Nicobar Islands, West Bengal, and Himachal Pradesh, the business has been the lowest bidder for the project.

This spike came after the business reported a profit of Rs 583 crore for the second quarter of the fiscal year, which represented a 226% YoY rise.

Wipro recorded a 21% increase in net profit to Rs 3,209 crore in Q2 FY25 compared to Rs 2,646 crore in the same period last year.

EBITDA (earnings before interest, taxes, depreciation, and amortization) decreased by 24.8% YoY to ₹2,912.8 Crore from ₹3,875.4 Crore.

The best shares on the Indian stock markets. Read information about the industry leaders in agriculture, automotive, construction, and many other industries.

Sterling was able to return to the $1.30 level, while the yen also had some relief, lingering around the 153 per dollar level.

Brent crude oil futures dropped 26 cents, or 0.3 percent, to $75.37 per barrel. At $72.01, the price of U.S. West Texas Intermediate (WTI) oil increased 35 cents, or 0.5 percent.

Spot gold was up 0.1% to $2,708.89 an ounce, but it had lost about 1% of its value this week.

Find out what the IPO lock-up period is about, how it is implemented and why it is important. A lock-up period is occasionally used in IPOs, and it has certain advantages and disadvantages.