Business

At the time when 118 small and medium enterprises (SMEs) moved from the NSE Emerge platform to the main bourses, the first-listed SME stock on the exchange has surged 1,780 per cent against the adjusted price of Rs 65 on November 12, 2012.…

Indian equity benchmarks extended the Bull Run for fourth straight week as investors turned optimistic after US inflation eased more than had been expected, spurring hopes that the Federal Reserve might scale down plans for more interest…

Shoppers are seen in a Kroger supermarket on October 14, 2022, in Atlanta, Georgia.Elijah Nouvelage | AFP | Getty ImagesHigher interest rates, a potential recession and persistently high prices made consumers substantially less confident…

Capital markets regulator Securities and Exchange Board of India (Sebi) has introduced a regulatory framework to facilitate providers of online bond platforms that are selling listed debt securities. Under the new rules, no person would…

Polestar 3Courtesy: PolestarSwedish electric-vehicle maker Polestar said Friday that its third-quarter operating loss narrowed from a year ago as revenue more than doubled, and it confirmed that it still expects to deliver 50,000 vehicles…

The initial public offering (IPO) of Chennai-based Five Star Business Finance on Thursday subscribed 70 per cent on the final day of bidding. The issue attracted bids for 2,12,03,845 crore equity shares against the IPO size of 3,04,88,966…

The initial public offer (IPO) of speciality marine chemical manufacturer Archean Chemical was subscribed 32.23 times on the final day of the issue today. The firm received bids for 64.31 crore shares against an IPO size of 1.99 crore…

The Indian equity market closed higher on Friday following a strong rally in global markets.  Slowing of consumer inflation in the US buoyed sentiment on key indices across the world. Strong buying in IT and metal stocks also supported…

Hindalco Q2 Results: Hindalco Industries sales rose 17.86 per cent to Rs 56,176.00 crore in the quarter ended September 2022 as against Rs 47,665.00 crore in the year-ago period.

Jewellery stocks have managed to hog the limelight amid the ongoing festive and wedding season. The recently concluded quarter has been yet another positive one for both Titan and Kalyan Jewellers. Titan posted a 30.2 per cent year-on-year…

Shares of ITC and Dabur India are among the key stocks, which have attracted investor interest in the FMCG sector in the last few years. ITC stock, which was considered a defensive bet in 2021, has changed gears with the scrip rising 63.3…

Shares of Union Bank of India on Friday continued their upward march for the sixth straight session. The stock surged 3.52 per cent to hit an intraday high -- also its fresh 52-week high of Rs 69.20 against a previous close of Rs 66.85. …

Market veteran Shyam Sekhar said the FSN E-Commerce Ventures (Nykaa) board decision to declare bonus was a bit odd in terms of intent and timing. In a series of tweets, Sekhar said the timing of the bonus issue raises serious doubts on the…

Sensex's 1,100-point rally on Friday was largely led by a lesser-than-expected US CPI inflation print, which raised hopes of end to the Fed's aggressive rate hike cycles. A strengthening dollar, which is weighing on emerging market…

The Bank of England has warned that the U.K. is facing its longest recession since records began a century ago.Huw Fairclough | Getty Images News | Getty ImagesLONDON — The U.K. economy contracted by 0.2% in the third quarter of 2022,…

Shares of Nykaa (listed as FSN E-Commerce Ventures Limited) zoomed 20 per cent today a day after foreign portfolio investors (FPIs) bought stake in the online fashion retailer via open market transactions. Aberdeen Standard Asia Focus Plc…

Shares of Nykaa (listed as FSN E-Commerce Ventures Limited) zoomed 20 per cent today a day after foreign portfolio investors (FPIs) bought stake in the online fashion retailer via open market transactions. Aberdeen Standard Asia Focus Plc…

Shares of Life Insurance Corporation (LIC) were in focus ahead of the insurer's September quarter earnings set to be announced today.  LIC stock gained 1.64 per cent to Rs 631 against the previous close of Rs 620.80 on BSE.   Shares of LIC…

Shares of Zomato zoomed 13 per cent in early trade today after online food delivery firm’s September quarter loss narrowed to Rs 250.80 crore compared to Rs 434.90 crore loss in the corresponding quarter of the last fiscal. However, the Q2…

The Indian equity market closed lower on Thursday led by selling in consumer durables, auto and banking shares amid a weak trend in global equities. Sensex closed 420 points lower at 60,613 and Nifty fell 129 points to end at 18,028. Of 30…

  Friday will see shares of three companies namely GMM Pfaudler, Ajanta Pharma, and Siyaram Silk Mills turning ex-dividend. Shares of Samor Reality and Rungta Irrigation will trade ex-rights while that of GPT Infraprojects will turn…

Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022.Andrew Kelly | ReutersFederal Reserve officials welcomed Thursday's news showing that inflation rose less than expected last month, and they…

The consumer price index rose less than expected in October, an indication that while inflation is still a threat to the U.S. economy, pressures could be starting to cool.The consumer price index, a broad-based measure of goods and services…

Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty ImagesElectric vehicle maker Rivian Automotive on Wednesday reaffirmed its…

Zomato’s consolidated revenue for the quarter surged 62.20 per cent to Rs 1,661.30 crore from Rs 1,024.20 crore in the corresponding quarter last year. Zomato on Thursday reported a consolidated net loss of Rs 250.80 crore for the…

Beyond Meat "Beyond Burger" patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City.Angela Weiss | AFP | Getty ImagesBeyond Meat on Wednesday reported a wider-than-expected loss for its third…

Eicher Motors reported a 76 per cent rise in its consolidated net profit in the September quarter, which now stood at Rs 656.86 crore, up from Rs 373.20 crore net profit a year ago. The profit was due to strong demand for commercial…

Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022.Qilai Shen | Bloomberg | Getty ImagesChinese electric vehicle maker Nio on Thursday reported a loss of $577.9 million for the third…

The Kaynes Technology initial public offer (IPO) was subscribed 23 per cent on the first day of the share sale today. The firm received bids for 24.28 lakh shares against an IPO size of 1.04 crore shares, data on BSE showed. The quota for…

The Indian equity market closed lower on Thursday led by selling in consumer durables, auto and banking shares amid a weak trend in global equities. Sensex closed 420 points lower at 60,613 and Nifty fell 129 points to end at 18,028. Of 30…