Business News

Business

NSDL IPO Unveiled: NSE and Major Banks to Sell 5 Crore Shares in a Landmark Offering

NSDL, India's leading depository, files for an IPO with a pure offer for sale of up to 5.01 crore shares by existing shareholders, including major banks and the NSE. The IPO is exp...

Business

Deutsche Bank Surpasses Expectations with a 3% Revenue Increase in Q2 2025

Deutsche Bank AG announced a 3% increase in Q2 2025 net revenues to €7.8 billion, with profits before tax at €2.4 billion and net profit attributable to shareholders at €1.5 billio...

Business

Nestle Faces a 1.8% Sales Drop to 44.2B Swiss Francs in H1 2025: What's Next?

Nestle S.A. reports a 1.8% sales decline to 44.2 billion Swiss francs in H1 2025, with organic growth up to 2.9%. Net profit drops by 10.3%, and EPS sees a decrease. CEO Laurent Fr...

Business

Ajay Seth Steps Up as IRDAI Chief: A New Era for India's Insurance Sector Reform

The government appoints Ajay Seth as the new IRDAI chairperson, aiming to address the insurance sector's reform backlog and restore trust. With a background in economic policymakin...

Business

Roche Reports Impressive 7% Sales Growth to 30.9B Swiss Francs in H1 2025

Roche announced a 7% sales increase to 30.9B Swiss francs in H1 2025, with pharmaceuticals leading growth. Core operating profit and earnings per share also rose significantly, rei...

Business

BNP Paribas Reports a 2.5% Revenue Growth to €12.58B in Q2 2025, Despite a Slight Dip in Net Income

BNP Paribas reports a 2.5% increase in Q2 2025 revenue to €12.58B, with a slight 4% decline in net income to €3.26B. The bank's CEO highlights solid performance and plans for an in...

Business

Hyundai Motors Reports a 7.3% Revenue Surge to $35.1 Billion in Q2 2025 Amidst Global Challenges

Hyundai Motor Company reported a 7.3% revenue increase to $35.1 billion in Q2 2025, despite declines in operating and net profits. Sales reached a five-year high, showcasing resili...

Business

Lloyds Banking Group Reports a 3% Rise in Q2 Net Income to £4.52B, Despite Missing Estimates

Lloyds Banking Group announced a 3% increase in Q2 net income to £4.52B, with underlying profit up 32%. The first half of 2025 saw a 6% rise in net income to £8.9B, reinforcing con...