Business

Deutsche Bank on Wednesday crushed market expectations for the third quarter, amid higher interest rates and turbulent market trading.The bank reported a net income of 1.115 billion euros ($1.11 billion) for the quarter. Analysts had…

Shares of VIP Industries are in focus after the profit of the world’s second-largest luggage maker more than doubled in the quarter ended September 2022. The company reported a 134 per cent YoY rise in net profit at Rs 43 crore in the…

Dabur India on Wednesday reported a 2.8 per cent year-on-year (YoY) drop in net profit at Rs 490.10 crore for the September quarter compared with Rs 504.40 crore in the same quarter last year. Revenue from operations for the quarter rose 6…

Seasoned investor Dolly Khanna entered J Kumar Infraprojects, a Mukul Agrawal portfolio stock, in the September quarter, latest shareholding data suggests. Data available with BSE showed Khanna held 8,13,976 shares or 1.08 stake in J Kumar…

A sign hangs above an entrance to a branch of Barclays Plc bank in the City of London, U.K.Bloomberg | Bloomberg | Getty ImagesLONDON — Barclays on Wednesday reported an unexpected rise in third-quarter earnings on the back of strong…

Udayan Mukherjee, Global Business Editor, Business Today TV, spoke at length on various topics, ranging from stocks that have performed exceptionally well to the way forward for markets, in a special show on 'Muhurat' trading this Diwali.…

Paras Defence and Space Technologies and MITCON Consultancy & Engineering Services were two stocks that Mukul Agrawal probably exited in the September quarter, latest shareholding data suggests.      Kingfa Science & Technology…

Dabur India is likely to report a 2-4 per cent year-on-year (YoY) drop in net profit for the September quarter on a single-digit growth in net sales. Ebitda margin is expected to contract at least 150 basis points on yearly basis.  The FMCG…

Agarwal Industrial Corporation, D-Link and Arvind Fashions were among five smallcap stocks that ‘Big Whale’ Ashish Kacholia entered in the September quarter, latest shareholding data suggests. Data showed the seasoned investor bought…

Shares of Bajaj Finance are up 38 per cent from its June low of Rs 5,235.60. This could be a good buy on dips opportunity, said analysts following the NBFC's September quarter results. Analysts cited an improvement in asset quality,…

Samvat 2079 will reward disciplined investors, who can take the market volatility in his/her stride, said market veteran Nilesh Shah, as he foresees challenges to the stock market amid fast deteriorating global macros. In an exclusive…

Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion to expand its product range in India and challenge rivals, Mint reported on Tuesday, citing two people with direct knowledge…

US stocks closed sharply higher on Tuesday as soft economic data hinted that the Fed's aggressive policy is taking effect, while falling benchmark Treasury yields boosted the rally's momentum. All three major US stock indexes advanced for…

The Indian equity market will remain closed on Wednesday (October 26) on account of Diwali Balipratipada. Equity market ended lower on Tuesday, snapping its seven-day winning streak amid weak Asian market cues and mixed trends from European…

A JetBlue Airways Corp. plane prepares for landing at LaGuardia Airport in New York, U.S., on Tuesday, April 18, 2017.Bloomberg | Bloomberg | Getty ImagesJetBlue Airways eked out a $57 million profit for the third quarter as strong travel…

Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022.Fabrice Coffrini | AFP | Getty ImagesMicrosoft will report fiscal first-quarter results after market close on…

Samvat 2078 was nothing short of a roller coaster ride for Indian investors as the markets were volatile amid recessionary fears, geo-political tensions, rupee depreciation and FIIs outflows. However, market veteran Sanjiv Bhasin says it…

Sundar Pichai speaks onstage during the first day of Vox Media's 2022 Code Conference in Beverly Hills, California.Jerod Harris | Getty Images Entertainment | Getty ImagesAlphabet reports third-quarter earnings on Tuesday after the…

A few brokerages trimmed their price targets for Reliance Industries (RIL) while a few others maintained their price targets on the stock following the oil-to-telecom major's September quarter results.  Analysts appreciated…

A Coca-Cola truck in New York City.Alexi Rosenfeld | Getty ImagesCoca-Cola on Tuesday raised its full-year outlook after beating Wall Street's expectations for its quarterly earnings and revenue.The company also provided a look toward 2023,…

Indian market ended lower on Tuesday, snapping its seven-day winning streak amid weak Asian market cues and mixed trends from European stocks. Sensex declined 287.70 points to finish at 59,543.96. During the day, it hit a low of 59,489.02…

Shares of JSW Steel rose over 3 per cent today despite the steelmaker reporting a weak set of earnings for the quarter ended September 2022.  Losses of the JSW Group firm widened by 112 per cent in the last quarter. However, revenue zoomed…

United Parcel Service driver pulls away after making a delivery in Washington, D.C.Andrew Harrer | Bloomberg | Getty ImagesUnited Parcel Service reported mixed third quarter results Tuesday morning, posting earnings that beat analyst…

UBS reports its latest earningsFABRICE COFFRINI | AFP | Getty ImagesUBS on Tuesday reported a net income of $1.7 billion for the third quarter of this year, slightly above analyst expectations, with the Swiss bank citing a challenging…

  Shares of FSN E-Commerce Ventures (Nykaa) slipped below its IPO issue price of Rs 1,125 per share, as weakness on the counter continued despite recent bullish brokerage reports.  The scrip tanked 3.03 per cent to hit a new all-time low…

Shares of Billionaire Gautam Adani-led Adani Group of continued to deliver robust returns to investors in Samvat 2078. If one goes by what analysts say, some of the group stocks have more steam left. With a rally of 216 per cent, Adani…

Shares of Rail Vikas Nigam Ltd (RVNL) gained for the second straight session today after the state-run firm won a Letter of Acceptance (LoA) from Ahmedabad Municipal Corporation (AMC). Sentiment around the stock also received a boost after…

Multibagger stock Aarti Industries, which has delivered about 2,800 per cent return to its long-term investors in the last ten years, has seen some weakness of late.   Shares of this chemical player have tumbled over 33 per cent from its…

Shares of South Indian Bank soared 10 per cent in Tuesday's trade, taking their winning streak to seventh straight session. The lender reported better-than-expected September quarter results, with operating performance improving for the…

Shares of PB Fintech, the operator of Policy Bazaar, have plunged 74 per cent from their all-time high hit last November. The Policy Bazaar stock, which hit an all-time high of Rs 1,470 on November 17, 2021 was trading at Rs 386 on BSE…