In a ranking of market valuation, Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever, and LIC.
Infosys Chief Executive Officer (CEO) Salil Parekh’s annual compensation increased by 22 per cent to Rs 80.6 crore for the fiscal year 2025, the company’s annual report showed.
The fast-moving consumer goods firm posted a profit of Rs 358.5 crore in the fourth quarter of the last financial year in comparison to Rs 206.3 crore in the same period last year with the net profit jumping 74 per cent.
Amid the reports of hike in the budgetary allocation, the railway stocks surged on Thursday. This has increased investor sentiment, reversing the downward trend seen in recent months
The amount involved in these frauds also jumped more than eight-fold to Rs 21,367 crore, RBI data said.
In the last 10 years, funds mobilized by Indian companies from capital markets has increased more than 10-fold, from Rs 12,068 crore in financial year 2014 (FY14) to Rs 1.21 trillion crore in FY25 (till October), a recent report by the SBI Economic Research Department said.
The weighted price of new launch projects in top 30 tier II cities rose up to 65% between 2023 and October 2024, a report by PropEquity said on Thursday.
Two wheeler (2W) sales increased 36 per cent and passenger vehicle (PV) 32 per cent in October.Three-wheeler sales were up 11 per cent, commercial vehicles 6 per cent and tractors 3 per cent. Overall retail sales increased 64 per cent compared to September.
