Business

Shares of Zomato rose 2 per cent in Thursday's trade after a subsidiary of Singapore-based sovereign wealth fund Temasek emerged as a buyer, as Alipay dumped Rs 1,631 crore worth company shares in bulk deal on Wednesday. The stock rose 2.07…

Shares of TCS climbed nearly 2 per cent in Thursday's trade after the IT firm said it has been selected by the Rail Delivery Group (RDG) to design, develop, implement, and operate the UK’s Rail Data Marketplace (RDM). The contract between…

Bandhan Bank, SBI Card, Britannia Industries and Route Mobile are among stocks which have see brokerage upgrades/ initiation today. Among them,  except for Bandhan Bank, other three stocks have received 'buy' rating from analysts. Bandhan…

Salesforce cofounder and co-CEO Marc Benioff speaks during the grand opening of the Salesforce Tower, the tallest building in San Francisco, Calif., Tuesday, May 22, 2018.Karl Mondon | Bay Area News Group | Getty ImagesSalesforce reported…

The New York Stock Exchange welcomes Snowflake (NYSE:SNOW), on Tues. Dec 21st, 2021, to usher in the first day of winter. To honor the occasion, Snowflake the bear, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings…

Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brookings Institution.His comments will come as investors look for clues on future monetary policy moves by the U.S. central bank. The Fed has raised rates by 75 basis…

Workers sort packages at a FedEx Express facility on Cyber Monday in Garden City, New York, on Monday, Nov. 28, 2022.Michael Nagle | Bloomberg | Getty ImagesJob openings dipped in October amid the Federal Reserve's efforts to cool off a…

Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam, according to a report Wednesday from payroll processing firm ADP.Companies added just 127,000 positions for the…

Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014.Lucy Nicholson | ReutersElon Musk thinks a recession is coming and worries the Federal Reserve's attempts to bring…

The initial public offering (IPO) of Uniparts India opened for subscription on Wednesday. The global engineering systems and solutions provider fixed the IPO price band at Rs 548-577 per share. The issue attracted bids for 58,36,700 crore…

The initial public offering (IPO) of Dharmaj Crop Guard on Wednesday received a stellar response from investors on the final day of bidding. The issue, which was fully subscribed on Day 1, attracted bids for 28,43,51,820 crore equity shares…

Sensex ended above the 63,000 mark for the first time on Wednesday, extending its winning streak to seventh day amid a largely positive trend in global markets and continuous foreign fund inflows. The 30-stock index zoomed 417.81 points or…

If fortnightly data for the first half of November is any cue, foreign portfolio investors bet heavy on stocks from information technology, automobile and auto components, construction, telecom operators in a month that saw a total of Rs…

Shares of Indian Energy Exchange (IEX) are trading at a 51% discount to their 52-week high. IEX stock stood at Rs 147.90, down 0.47% today against the previous close of Rs 148.60. The current market price amounts to a 51.3% discount to the…

Kaiser Corporation, S&T Corporation, Alliance Integrated Metaliks and Hemang Resources are among eight microcap stocks, which left investors scratching their heads, as the stocks zoomed up to 21 times or 2,000 per cent in 2022 so far,…

Shares of Zomato were trading on a volatile note after multiple bunch trades in early trade on Wednesday. According to reports, Chinese e-commerce giant Alibaba Group is likely to sell around a 3 per cent stake in Indian food delivery firm…

Ventura Securities, which has a 'subscribe' rating on the ongoing Uniparts India IPO, has set a base 18-month price target of Rs 711 for the stock, suggesting an upside of 23.2 per cent over the IPO price.  The domestic brokerage has a bull…

Ventura Securities, which has a 'subscribe' rating on the ongoing Uniparts India IPO, has set a base 18-month price target of Rs 711 for the stock, suggesting an upside of 23.2 per cent over the IPO price.  The domestic brokerage has a bull…

Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022.Andrew Kelly | ReutersGlobal markets have taken heart in recent weeks from data indicating that inflation may have peaked, but economists…

Shares of IT majors Infosys, Wipro and TCS have recovered up to 20% in from their 52-week lows with the equity market erasing losses during the last two months. While Infosys has recovered 20%, stock of Wipro has risen 8.33% from its 52…

Shares of DLF climbed 3 per cent in Wednesday's trade, as the realtor said its arm has approved the allotment of Rs 1,150 crore by allotting NCDs on a private placement basis. The scrip rose 2.87 per cent to hit a high of Rs 403.70 on BSE.…

Shares of Ashoka Buildcon climbed 4 per cent in Wednesday's trade after the company said it has emerged as the Lowest bidder (L-1) for a project, whose bid value is Rs 1,668.50 crore. Following the development, the scrip rose 3.58 per cent…

Shares of Vedanta advanced 2 per cent in Wednesday's after falling in the previous two sessions. The scrip rose 1.52 per cent to hit high of Rs 306.50 a piece in early trade. The scrip had declined 4.6 per cent in the previous two sessions.…

Indian equity market ended at fresh lifetime highs on Tuesday amid a largely firm trend in other Asian markets and continuous foreign fund inflows. Sensex gained 177.04 points to end at 62,681.84, its fresh record closing high. The index…

Domestic stocks are likely to see a cautious start to Wednesday's trade, ahead of a scheduled speech by the US Federal Reserve Chair Jerome Powell, where he could give hints about the pace of future interest rate hikes. Asian markets were…

George Kurtz, co-founder and CEO of CrowdStrike, speaks at the Wall Street Journal D.Live global technology conference in Laguna Beach, California, on Oct. 17, 2017.Patrick T. Fallon | Bloomberg | Getty ImagesCrowdStrike shares plunged 18%…

The initial public offering (IPO) of Dharmaj Crop Guard on Tuesday continued to get strong response from investors on the second day of bidding. The issue, which was fully subscribed on Day 1, attracted bids for 4,78,68,540 crore equity…

Apollo Tyres, CEAT and JK Tyre & Industries hit their respective 52-week high levels on Tuesday, as easing crude oil prices and a fall in natural rubber prices are seen lifting margins for tyre makers. Adding to the gains is the…

Indian equity market ended at fresh lifetime highs on Tuesday amid a largely firm trend in other Asian markets and continuous foreign fund inflows. Sensex gained 177.04 points to end at 62,681.84, its fresh record closing high. The index…

Shares of Nureca Ltd hit an all-time today after Payal Goyal, a promoter of the firm, sold a part of her stake via bulk deal on November 28. Nureca stock hit a fresh low of Rs 525, down 2.48% against the previous close of Rs 538.35 on BSE.…