Groww shows 25% jump in net profit to ₹471 crore in first results since listing| Business News

Groww operator Billionbrains Garage Ventures Ltd. has reported a near-25% jump in net profit in its first quarterly results since listing, even as profitability surged. Groww’s share price has been on a rollercoaster of late. (Bloomberg) Net profit of India’s largest online stockbroker rose 24.6% over the previous quarter to ₹471 crore in the three […]

PhysicsWallah sets IPO price for $3.2-billion valuation, GMP shows premium| Business News

PhysicsWallah Ltd. has announced its IPO price that pegs its valuation at $3.2 billion, even as founders of the edtech startup sell fewer shares. PhysicsWallah co-founder Alakh Pandey. (Livemint) On offer in the PhysicsWallah IPO are 31.93 crore shares—28.44 crore fresh and 3.49 crore via an offer for sale—in a price band of ₹103-109 to […]

India trade deficit in September widens most in at least a year as US tariff impact shows| Business News

India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]

IPL valuation shrinks for second year in a row to $8.8 billion, new report shows| Business News

The valuation of Indian Premier League has eroded for a second year in a row, after a bidding war for broadcasting rights made it the world’s most lucrative cricket tournament. Cricketer Virat Kohli’s Royal Challengers Bangalore is the latest winner of the Indian Premier League in 2025. (Representative Image/ANI) IPL’s valuation dropped nearly 11% to […]