LG India Shares Fall 8% on 61.58% Profit Decline
LG Electronics India's stock fell over 8% after reporting a 61.58% year-on-year net profit drop to ₹89.67 crore in Q3 FY26, with revenue flat at ₹4,114.4 crore amid softening post-Diwali demand.
LG Electronics India's stock fell over 8% after reporting a 61.58% year-on-year net profit drop to ₹89.67 crore in Q3 FY26, with revenue flat at ₹4,114.4 crore amid softening post-Diwali demand.
Indian stock markets faced a sharp decline on February 12, 2026, with the Sensex dropping over 1,000 points. IT stocks like HCL Tech, Infosys, and Tech Mahindra led the losses amid global cues and GIFT Nifty trends.
Aakash K Hindocha of Nuvama recommends BPCL, Power Grid, and SAIL as top buys, with bullish views on Nifty and Bank Nifty for February 12, 2026.
Deepinder Goyal's invitation for former Eternal employees to return has sparked an emotional deluge of 8,000 emails, half from ex-staff sharing heartfelt stories from years past.
Silver and gold prices declined on February 12 as the US dollar strengthened following positive January jobs data. Silver fell 1% to ₹2,60,453 per kg, while gold dropped 0.66% to ₹1,57,701 per 10 grams, with investors awaiting inflation data for policy di
MCX gold price fell below ₹1.58 lakh per 10 grams, while silver dropped 1% as the US dollar strengthened after strong January jobs data reduced expectations for Fed rate cuts.
Dubai is pioneering a future-ready manufacturing ecosystem anchored in technology, sustainability, and global trade, with five key enablers driving its transformation.
Indian stock markets are poised for flat to mildly positive trading on Thursday, supported by FPI inflows and rupee stability. Technical analysis suggests key resistance levels for Nifty 50 and Bank Nifty.
Several major Indian companies including BEML, BLS International, Gulf Oil Lubricants, Hindustan Copper, Mazagon Dock, MRF, and NMDC have announced key dividend dates for shareholders.
A Mint analysis reveals Indian new-age companies like Lenskart and Urban Company turned profitable or cut losses before IPOs via temporary adjustments, only to revert to losses post-listing, raising investor concerns.
Explore Vodafone Idea's stock performance, government relief measures, and financial struggles. Is it a turnaround candidate or a risky investment in India's telecom sector?
Rajasthan's 2026-27 budget introduces a comprehensive industrial development package, including Rs 350 crore for plug-and-play facilities, sector-specific clusters, and simplified clearances to boost manufacturing and services.
Banking operations face uncertainty as major unions join nationwide Bharat Bandh strike against labour codes. SBI, Bank of Baroda, and UCO Bank warn of potential service disruptions despite branches remaining open.
Over 10 central trade unions called a nationwide Bharat Bandh on Thursday, supported by farmers, affecting banking, transport, and insurance services. The protest demands withdrawal of labour codes and new bills.
The Indian government's offer for sale in Bharat Heavy Electricals Ltd opens for retail investors today. The 3% stake sale could raise ₹2,650 crore, with a greenshoe option potentially increasing it to ₹4,422 crore.
Commerce Minister Piyush Goyal held discussions with export promotion councils to develop strategies for maximizing benefits from India's recent trade agreements and boosting exports.
More than 400 companies, including Hindustan Unilever and Hindustan Aeronautics, are set to release Q3 2026 results on February 12. Markets anticipate a gradual uptick as earnings season nears its end.
Mahindra's new XUV 7XO SUV has garnered over 93,000 bookings with diesel variants accounting for 75% of demand. Top trims AX7 T and AX7 L are most popular, with waiting periods stretching up to 52 weeks.
Aye Finance IPO allotment will be finalized on February 12. Investors can check status via Kfin Technologies, BSE, or NSE. Listing is scheduled for February 16 with a GMP of ₹0.35.
A nationwide Bharat Bandh on February 12, 2026, led by major unions, disrupts banking services across 600 districts, with 30 crore workers protesting new labour codes and trade deals.
Fractal Analytics IPO allotment is expected on February 12, 2026, with listing on February 16. Learn how to check allotment status online via BSE, NSE, and registrar MUFG Intime India.
Two widows of soldiers killed in the 2019 Pulwama attack finally received registered land plots in Kanpur, fulfilling a seven-year-old promise by a real estate firm. A third plot is pending in Unnao.
Leading brokerages issue updated recommendations on Amber Enterprises, Titan Company, Eicher Motors, Star Cement, and Lemon Tree Hotels, with revised target prices and earnings outlooks.
India is advancing strategic trade engagements with the US and EU to enhance manufacturing competitiveness, focusing on market access, regulatory alignment, and automotive sector growth.
A nationwide Bharat Bandh called by 10 central trade unions began at midnight on Thursday, protesting new labour codes. While disruptions are expected, most states have not ordered school closures. Here's the latest state-by-state update.
Indian equity indices Sensex and Nifty 50 are poised for a flat to mildly positive opening on Thursday, influenced by mixed global signals and optimism around the India-US trade framework. Key stocks like HAL, HUL, and ONGC are in focus ahead of Q3 result
A Tata Trusts board meeting saw ex-Citi CEO Pramit Jhaveri's term end without reappointment, while Neville Tata's appointment to the SRTT board was not discussed, delaying the decision further.
Mandatory Aadhaar-based biometric verification for property registrations in Uttar Pradesh, effective since February 1, is causing delays of 30 to 35 registrations daily in Noida due to fingerprint mismatches, especially affecting elderly applicants.
Sebi chairman Tuhin Kanta Pandey stated that the SME segment remains under-scaled despite existing measures. He announced a review of listing guidelines and plans for a dedicated SME portal to enhance transparency and ease of doing business.
Akasa Air faces another leadership shakeup as co-founder and chief commercial officer Praveen Iyer resigns, following the earlier exit of Neelu Khatri. The airline appoints its CIO as the new commercial head amid fleet expansion plans.