Monday, September 14
Shares of Multi Commodity Exchange of India (MCX) fell 3.7% to Rs 7,680 on the BSE on Tuesday as investors booked profits following a strong rally in the previous session. The stock had surged over 5% on Monday after the company reported robust Q1 earnings and announced a stock split.For the quarter ended June 30, MCX posted impressive financial results. The company’s total income jumped 60% year-on-year (YoY) to Rs 405.82 crore—marking its highest-ever quarterly revenue. Net profit, or profit after tax (PAT), rose sharply by 83% YoY to Rs 203.19 crore, while EBITDA came in at Rs 274.27 crore.The company’s board approved a stock split in a 1:5 ratio, reducing the face value of shares from Rs 10 to Rs 2. The move, which is subject to shareholder and regulatory approval, is aimed at en
Akasa Air has introduced end-to-end visa services in collaboration with Udaan India, expanding its offerings beyond flights to include digital visa assistance for over 100 countries. The service is now integrated with Akasa Air’s website, allowing business and leisure travellers to complete the visa process online. Powered by Udaan India, a visa facilitation provider with over three decades of experience, the service offers expert-led support for documentation, submission, and real-time tracking. Customers will be assisted by a dedicated team throughout the process, ensuring accuracy, compliance, and timely updates.“We are delighted to partner with Akasa Air to simplify international travel for their growing passenger base. At Udaan India, we’ve been committed to making visa facilita
