On 25th January, short-seller Hindenburg Research disclosed short positions in Adani Group, citing potential stock manipulation and accounting fraud. The allegations sent bonds and shares in the Group's companies down.

Explained: What is short-selling? What are its pros and cons

Agricultural inputs company Rallis India, a subsidiary of Tata Chemicals, on Wednesday reported a loss of Rs 32 crore during the quarter ending March 31.
The company's loss stood at Rs 21 crore during the corresponding quarter of the previous financial year, Rallis India said in a regulatory filing.
The company's revenue from operations during the quarter under review was almost flat at Rs 430 crore compared to Rs 436 crore in the same quarter of the previous year.
For 2024-25, Rallis India's profit after tax (PAT) stood at Rs 125 crore, while its revenue from operations was Rs 2,663 crore.
"The company has reported FY25 revenue of Rs 2,663 crore and PAT of Rs 125 crore. For Q4 FY25, revenue is Rs 430 crore with positive volume growth in domestic business. Control over working capital has enabled strong cash flow from operations.
"I am particularly pleased with the growth of 23 per cent and 24 per cent in soil and plant health and herbicides categories, respectively. Our Innovatio

The company's loss stood at Rs 21 crore during the corresponding quarter of the previous financial year, Rallis India said in a regulatory filing

Wendt (India) Ltd, an abrasive and precision component manufacturer, reported a consolidated net profit of Rs 12.89 crore for the January-March 2025 quarter, the company said.
The city-based company, part of the diversified Murugappa Group, had registered a profit of Rs 13.38 crore during the corresponding quarter of the previous financial year.
For the year ending March 31, 2025, the consolidated net profit stood at Rs 39.48 crore, as against Rs 40.95 crore recorded during the same period last year.
The consolidated total income for the January-March 2025 quarter rose to Rs 77.71 crore, from Rs 71.89 crore in the corresponding quarter of the previous financial year.
For the full year ending March 31, 2025, the consolidated total income increased to Rs 242.48 crore, compared to Rs 233.95 crore in the year-ago period.
The Board of Directors has recommended a final dividend of Rs 20 per share (200 per cent on the face value of equity shares of Rs 10 each). The payment of the final .

The city-based company, part of the diversified Murugappa Group, had registered a profit of Rs 13.38 crore during the corresponding quarter of the previous financial year

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Prime Minister will also participate in a programme marking National Panchayati Raj Day and address a gathering in Madhubani, Bihar

Airlines on Wednesday operated 59 flights from Srinagar, including seven additional services, to ferry tourists and bodies of 25 Pahalgam terror attack vicitms to their destinations along with 123 accompanying family members.
The Civil Aviation Ministry said air ticket prices on the route were being kept at reasonable levels amid a large number of tourists looking to return from Jammu and Kashmir in the aftermath of the terror attack, the deadliest in the Valley since the 2019 Pulwama incident.
At least 26 people, mostly tourists, died in the Pahalgam bloodbath on Tuesday.
A senior ministry official said 52 scheduled and seven additional flights were operated from the Srinagar airport on Wednesday to clear the rush of stranded passengers. Twenty-five bodies were sent to their destinations by flights along with 123 accompanying family members, the official said.
As many as 3,337 passengers flew out of Srinagar in 20 flights between 6 am and 12 pm on Wednesday. IndiGo, Air India and

As many as 3,337 passengers flew out of Srinagar in 20 flights between 6 am and 12 pm on Wednesday

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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Explained: What is short-selling? What are its pros and cons

On 25th January, short-seller Hindenburg Research disclosed short positions in Adani Group, citing potential stock manipulation and accounting fraud. The allegations sent bonds and shares in the Group's companies down.

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