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Today's top stories, including Hero MotoCorp and HAL earnings.
The NSE Nifty 50 and BSE Sensex closed lower for the second consecutive week on Thursday, as corporate earnings from Indian companies continued to dampen investor sentiment.
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Hero MotoCorp reported its highest-ever quarterly revenue and profit in the second quarter, driven by a sales recovery in the rural markets.
Photo Credit: Company website
Hindustan Aeronautics Ltd. reported a 22% year-on-year increase in profit, reaching Rs 1,510 crore for the quarter ended September 2024.
Photo Credit: Vijay Sartape/NDTV Profit
Photo Credit: (Source: NDTV website)
SEBI flagged concerns over royalty payments by listed companies, citing transparency and governance issues raised by proxy firms.
Photo Credit: Vijay Sartape/NDTV Profit
The Ministry of Home Affairs has instructed central ministry secretaries to ensure stricter compliance when hiring consultants for sensitive policy work.
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Uber rolled out instant payments for drivers, enabling them to instantly cash out earnings up to four times a day.
Photo Credit: Uber India