Latest news with #VarunYadav
News18
30-07-2025
- Business
- News18
Gold Price Today: Yellow Metal Jump Rs 600, Check 22k & 24K Rates In Major Cities
Gold prices surged amid Trump's warnings to Russia, weakening rupee, and rising crude oil prices. Gold Price Today, July 30: Gold prices saw a sharp spike of over Rs 600 on Wednesday morning amid US JOLTS data showing drop in job openings, Trump's fresh warnings to Russia to stop the Ukraine war within 10 days, weakening of the rupee and rising crude oil prices. In Mumbai, gold prices traded at Rs 1,00,480 per 10 gram for 24-carat gold. Likewise, the prices hovered at Rs 92,100 per 10 gram for 22-carat. Silver price, on the other hand, stood at Rs 1,15,900 per kg. Crude oil rallied again, hitting a five-week peak after the U.S. President took a tough stance on Russia, demanding an end to the Ukraine war within 10 days or face fresh sanctions and tariffs. Gold and silver prices rebounded from recent lows after U.S. JOLTS data for June showed job openings falling to 7.44 million, below both May's 7.77 million and market expectations of 7.51 million, said Rahul Kalantri, VP Commodities, Mehta Equities. He added a weaker rupee and rising crude oil prices aided the recovery, though gains were capped as the dollar index touched a 5-week high amid lingering tariff uncertainty. However, in the futures market on the MCX, gold futures (expiring on August 5, 2025) were trading marginally higher by 0.07% at Rs 99,204 per 10 gram, whereas silver (expiring on September 5, 2025) traded flat at Rs 1,13,803 per kg. About the Author Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
15-07-2025
- Business
- News18
HDB Financial Services Q1 FY26 Results:14.7% AUM Growth, Profit Falls To Rs 568 Cr
Last Updated: HDB Financial Services, a subsidiary of HDFC Bank, reported a 14.7% YoY growth in AUM to Rs 1,09,690 crore as of June 30, 2025. HDB Financial Q1FY26 Results: HDB Financial Services Limited (HDBFS), a subsidiary of HDFC Bank, reported a 14.7% year-on-year (YoY) growth in Assets Under Management (AUM), reaching rs 1,09,690 crore as of June 30, 2025, compared to Rs 95,643 crore a year ago. The company's board approved the unaudited financial results for the quarter ended June 30, 2025, at its meeting held in Mumbai on Tuesday. This is the first quarterly earnings of HDB Financial Services post the launch of the IPO to raise Rs 12,500 crore from the primary market. Shares of HDB Financial Services Limited fell 0.28 per cent on Tuesday to settle at Rs 841 per share. Gross loans rose by 14.3% YoY to Rs 1,09,342 crore, while net interest income grew 18.3% to Rs 2,092 crore. Net total income came in at Rs 2,726 crore, up 14.2% from the same period last year. The company's pre-provisioning operating profit increased 17.2% to Rs 1,402 crore, but rising provisions impacted overall profitability. Loan losses and provisions surged to Rs 670 crore, up from Rs 412 crore in Q1FY25, resulting in a slight decline in profit. Profit before tax fell to Rs 733 crore from Rs 784 crore, while profit after tax stood at Rs 568 crore, down from Rs 582 crore in the same quarter last year. Asset quality weakened with Gross Stage 3 loans rising to 2.56%, compared to 1.93% a year ago. Net Stage 3 loans stood at 1.11%, up from 0.77% in June 2024. The provisioning coverage ratio declined to 56.70% from 60.24%. HDB Financial Services Limited (HDBFS) is a non-deposit taking non-banking finance company ('NBFC') offering wide range of loan products to individuals, emerging businesses and micro enterprises. Established in 2007, as a subsidiary of HDFC Bank Limited, HDBFS is categorized as an upper layer NBFC by the RBI. HDBFS offers a large portfolio of lending products that cater to a growing and diverse customer base through a wide omni-channel distribution network. Its lending products are offered through the three business verticals: Enterprise Lending, Asset Finance and Consumer Finance. As of June 30, 2025, the Company's distribution network spans 1,771 branches across 1,166 cities/ towns. About the Author Varun Yadav Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. Location : New Delhi, India, India First Published: July 15, 2025, 18:06 IST News business » markets HDB Financial Services Q1 FY26 Results:14.7% AUM Growth, Profit Falls To Rs 568 Cr
NDTV
15-07-2025
- Automotive
- NDTV
BMW S 1000 RR Achieves 1000 Units Sales Milestone In India
BMW Motorrad has achieved a significant milestone of selling 1,000 units of its most successful performance sports bike, the BMW S 1000 RR, in India. The BMW S 1000 RR has been a favorite amongst speed enthusiasts ever since its launch in the country. The new BMW S 1000 RR was launched in India at the Auto Expo 2025 at an ex-showroom price of Rs 20.75 lakh. It has a 999cc engine that generates 210 hp at 13,750 rpm to ensure powerful propulsion. The maximum engine speed is 14,600 rpm. The airbox, as on the M RR, features variable intake funnels that optimise charge change and power generation, especially at high engine speeds. Talking about the highlights, the BMW S 1000 RR claims to have an extremely compact layout and super-sporty appeal that creates perfect harmony for the road and racetrack. The high windscreen, side winglets and partitioning of the lower triple clamp further optimise aerodynamics and help in maintaining the top speed. Another key point in optimizing aerodynamics is the area around the front wheel. The new RR features brake cooling ducts - known as Brake Ducts - in this area. The new M short-stroke throttle ensures relaxed throttle control and perfect handling without the need to reposition the hand or twist the wrist. BMW S 1000 RR celebrates 1000 unit sales in India Mr. Vikram Pawah, President and CEO, BMW Group India, said, "The BMW S 1000 RR is more than a superbike, it is a symbol of precision engineering and absolute performance. Crossing the 1,000 unit milestone in India underscores the S 1000 RR's immense popularity, whether on the road or track, where its exceptional performance delivers unparalleled power, agility, and adrenaline-pumping thrills. We are proud to see it become the preferred choice for motorcycling enthusiasts who demand nothing but the best." Mr. Varun Yadav from Delhi now holds the distinction of becoming the 1,000th BMW S 1000 RR owner in India. The motorcycle was handed over to Mr. Yadav by Mr. Shardenduu Chaturvedi, Director - BMW Motorrad India, and Mr. Manish Gupta, Dealer Principal, Lutyens Motorrad, at an exclusive ceremony. The glittering ceremony was made special with the participation of friends, family, and the passionate BMW Motorrad India riding community.
Time of India
15-07-2025
- Automotive
- Time of India
BMW Motorrad India sells 1,000 units of S 1000 RR performance motorcycle in India
Vikram Pawah , president and CEO of BMW Group India, said, 'This 1,000-unit milestone underlines the motorcycle's popularity and the passion of India's riding community. Whether on roads or racetracks, the S 1000 RR delivers exceptional power and agility.' The 1,000th unit was delivered to Varun Yadav from Delhi at an event hosted by BMW Motorrad India. The bike was handed over by Shardenduu Chaturvedi , director, BMW Motorrad India, and Manish Gupta, deal principal, Lutyens Motorrad . The new BMW S 1000 RR comes with enhanced track performance and a compact, aerodynamic design. Key features include a high windscreen, side winglets, and brake cooling ducts for optimal airflow management. The 999cc inline-four engine with BMW ShiftCam Technology churns out 210 hp at 13,750 rpm, with a redline reaching 14,600 rpm. It features variable intake funnels in the airbox—borrowed from the M RR—for improved charge changes at high RPMs. A short-stroke throttle ensures smooth and responsive control without needing wrist repositioning. Vikram Pawah, president and CEO of BMW Group India, said, 'This 1,000-unit milestone underlines the motorcycle's popularity and the passion of India's riding community. Whether on roads or racetracks, the S 1000 RR delivers exceptional power and agility.' The 1,000th unit was delivered to Varun Yadav from Delhi at an event hosted by BMW Motorrad India. The bike was handed over by Shardenduu Chaturvedi, director, BMW Motorrad India, and Manish Gupta, deal principal, Lutyens Motorrad. The new BMW S 1000 RR comes with enhanced track performance and a compact, aerodynamic design. Key features include a high windscreen, side winglets, and brake cooling ducts for optimal airflow management. The 999cc inline-four engine with BMW ShiftCam Technology churns out 210 hp at 13,750 rpm, with a redline reaching 14,600 rpm. It features variable intake funnels in the airbox—borrowed from the M RR—for improved charge changes at high RPMs. A short-stroke throttle ensures smooth and responsive control without needing wrist repositioning.
News18
29-06-2025
- Business
- News18
Dividend, Bonus & Split This Week: Nestle, Axis, Concor, M&M, Paras Among 40 Stocks
Last Updated: Among the companies that will in focus this week are: Indian Hotels, JSW Infra, VST Industries, Axis Bank, Bharat Forge, Concor, Paras Defence, Nestle India and more. Dividend Stocks: The Indian stock market will experience a slew of corporate actions between June 30 to July 04. Several companies have announced dividends, right issues, and stock splits, making it an important period for investors tracking. Among the companies that will in focus this week are: Indian Hotels, JSW Infra, VST Industries, Axis Bank, Bharat Forge, Container Corporation of India, Para Defence, Nestle India, and many more. Indian Hotels Dividend 2025 Indian Hotels Company Ltd has announced a final dividend of Rs 2.25 per share. The ex-date and record date are both set for June 30, 2025. VST Industries Dividend 2025 VST Industries declared a final dividend of Rs 10 per share. The ex-date is July 3, 2025. Nestle India Dividend 2025 Nestle India has declared a final dividend of Rs 10 per share. The ex-date and record date are both set for July 4, 2025. Tech Mahindra Dividend 2025 Tech Mahindra will pay a final dividend of Rs 30 per share. The ex-date and record date are July 4, 2025. Mahindra & Mahindra Dividend 2025 Mahindra & Mahindra has announced a dividend of Rs 25.3 per share, with both the ex-date and record date on July 4, 2025. Thermax Dividend 2025 Thermax Ltd has announced a final dividend of Rs 14 per share. The record is fixed for July 4, 2025. AXIS Bank Ltd will distribute a final dividend of Rs 1 per share. Shareholders must hold the stock by the ex-date of July 4, 2025, which is also the record date. Container Corporation of India (Concor) Bonus Issue 2025 Container Corporation of India has announced a bonus issue in the ratio of 1:4. The ex-date and record date are July 4, 2025. Paras Defence Stock Split 2025 Record Date Paras Defence and Space Tech will go through a stock split from Rs 10 to Rs 5 per share. This action is scheduled for July 4, 2025. Right Issue Announcements Mirc Electronics and T T Ltd have both announced right issues of equity shares. Ex-date and record date for both are June 30 and July 4, 2025, respectively. Upcoming Dividend, Stock Split and Bonus Issue: top videos View all Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. Location : New Delhi, India, India First Published: June 29, 2025, 08:24 IST News business » markets Dividend, Bonus & Split This Week: Nestle, Axis, Concor, M&M, Paras Among 40 Stocks
