Author: Market News Desk

Japan-based automobile giant Nissan announced on May 13, 2025, that it will cut an additional 11,000 jobs globally and shut down seven manufacturing plants in response to falling global demand, especially in China and the US. This move raises the total layoffs to 20,000 over the past year. Japanese automobile manufacturer Nissan Motor Co., headquartered in Yokohama, Kanagawa Prefecture, announced significant restructuring plans, including cutting 11,000 more jobs globally and shutting seven factories, as it battles declining sales in its largest markets, China and the United States. The decision follows a difficult year for the company, now under the leadership…

SoftBank Group Japan reported a $3.5 billion net profit in Q4 FY25, aided by global investments. However, markdowns in India-based companies like Swiggy and Ola impacted its Vision Fund 2, which posted a $3.4 billion loss. SoftBank Group Corp., a Japanese multinational conglomerate known for its investments in technology, energy, and finance through its Vision Funds, posted a net profit of $3.5 billion (¥546 billion) for the January–March quarter of FY25. The sharp rebound follows a loss in the previous quarter, primarily fueled by gains from global tech giants including Alibaba, T-Mobile, and Deutsche Telekom. For the full fiscal year…

Transformers and Rectifiers (India) Limited (TARIL), a leading transformer manufacturer in India, successfully conducted its 31st Annual General Meeting (AGM) on May 13, 2025, via Video Conferencing (VC) and Other Audio Visual Means (OAVM). During the meeting, various resolutions were discussed, including financial statements, dividend declaration, director reappointments, and the revision of remuneration terms. The company’s Chairman, Mr. Jitendra U. Mamtora, presided over the meeting. Transformers and Rectifiers (India) Limited (TARIL), one of India’s leading manufacturers of transformers, held its 31st Annual General Meeting (AGM) through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting was chaired by…

Hero MotoCorp, the world’s largest motorcycle and scooter manufacturer, has announced its highest-ever revenue and profit for the fiscal year 2025. With a total revenue of INR 40,756 crore and a profit of INR 4,610 crore, the company marks a significant achievement. The board has also declared a final dividend of INR 65 per share, alongside a strong performance across its premium and electric vehicle segments. Hero continues to lead the market with innovative product launches and a robust global expansion strategy, reinforcing its market leadership for the 24th consecutive year. Hero MotoCorp has reported its highest-ever revenue and profit…

India-based pharmaceutical giant Cipla Ltd, headquartered in Mumbai, Maharashtra, has reported a 30.12% year-on-year (YoY) surge in net profit for the fourth quarter of FY25, reaching ₹1,221.84 crore. The company’s strong Q4 performance is backed by an 8.5% increase in sales revenue. Cipla also announced a total dividend of ₹16 per share, including a special dividend to mark its 90th anniversary. Cipla Ltd, one of India’s leading pharmaceutical companies headquartered in Mumbai, Maharashtra, reported a 30.12% year-on-year increase in its consolidated net profit for the fourth quarter of FY25. The profit stood at ₹1,221.84 crore, compared to ₹939.04 crore in…

Apple Inc., based in Cupertino, California, has grown into a $3 trillion tech giant, largely due to its dependence on China for manufacturing and sales. This reliance, however, is now under pressure from the United States’ tariff strategies, prompting the company to diversify operations to countries like India and Vietnam. The transition, while strategic, is expected to be slow and costly. Apple Inc., headquartered in Cupertino, California, owes much of its meteoric rise to becoming a $3 trillion company to its manufacturing and sales network in China. But now, with ongoing tariff pressures from the United States, the tech giant…

McDonald’s Corporation, a global fast-food giant headquartered in Illinois, United States, has announced plans to hire up to 375,000 workers across the US during the summer of 2025. This move marks the company’s largest hiring spree in years and is aimed at preparing for customer demand as weather improves and the company continues expansion. McDonald’s intends these roles to be permanent, not seasonal. The announcement came on May 13, during a press conference with US Labor Secretary Lori Chavez-DeRemer, who noted the initiative supports the national upskilling goals. McDonald’s Corporation, the world’s leading fast-food chain headquartered in Chicago, Illinois, announced…

European stock markets continued to rise on Tuesday, propelled by positive corporate updates and the recent announcement of a truce between the United States and China regarding their ongoing trade dispute. European stocks extended their gains on Tuesday, marking a fourth consecutive day of positive movement. The rally was largely driven by strong corporate updates, with Bayer, the German multinational pharmaceutical and life sciences company, posting notable growth and boosting the market. As a result, European indices reached a six-week high. This upward trend in European stocks came a day after the United States and China announced a truce in…

Thomas Cook India Ltd has reported a 13.5% increase in consolidated net profit, reaching ₹66 crore for Q4 FY2025. This growth is attributed to higher revenue from travel-related services. The company also saw a rise in expenses, which grew from ₹1,631.92 crore to ₹1,930.45 crore. Additionally, Thomas Cook’s Board of Directors reappointed Mahesh Iyer as Managing Director and CEO. Thomas Cook India Ltd has announced a solid performance for the fourth quarter of the fiscal year 2025, reporting a 13.5% increase in consolidated net profit, which stood at ₹66 crore. This growth, compared to ₹58.17 crore in Q4 FY2024, was…

Integrity Infrabuild Developers Limited, a Gujarat-based Class-A civil contractor, has launched its Initial Public Offering (IPO) in India. The IPO opens for subscription on May 13, 2025, and will close on May 15, 2025. The issue is entirely a fresh offer of 12,00,000 equity shares priced at ₹100 apiece, aiming to raise ₹12 crore for machinery acquisition and working capital. Integrity Infrabuild Developers Limited, a Government of Gujarat-certified Class-A civil contractor, has announced the launch of its Initial Public Offering (IPO) in India. Headquartered in Gujarat, the company specializes in state government civil construction projects and subcontracting work in the…