Business

Shares of Amara Raja Batteries surged 11 per cent in Friday's trade after the  automotive battery manufacturer reported better than expected September quarter results. The Andhra Pradesh-based company reported a 39.42 per cent YoY jump in…

Share Market Updates Today: Indian equity benchmarks are set to open flat on Friday amid mixed global cues as investors awaited domestic earnings reports and US jobs data for hints on future rate hikes.   The US central bank raised…

  Dalal Street stocks may open on a muted note on Friday amid mixed set of cues from global markets. US treasury yields jumped and Wall Street stocks fell overnight. Asian markets were, however, trading mostly higher. At home, a host of…

Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in…

In this photo illustration, the Coinbase logo is displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesCoinbase reported user numbers that topped analysts' estimates even as third-quarter revenue missed…

The PayPal logo displayed on a smartphone screen with a stock market graphic in the background.Omar Marques | SOPA Images | LightRocket | Getty ImagesPayPal shares fell more than 5% in after-hours trading, despite beating earnings and…

Jeff Lawson, CEO, TwilioScott Mlyn | CNBCTwilio shares fell as much as 16% in extended trading on Thursday after the cloud communications software maker announced third-quarter results that gave a soft revenue outlook.Here's how the company…

Warner Bros. Discovery reported its third-quarter earnings on Thursday, missing analyst expectations, as it felt the effects of a tough advertising environment and costs associated with its post-merger restructuring.CEO David Zaslav also…

The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers' attention in Shanghai, China, May 12, 2021.Costfoto | Barcroft Media | Getty ImagesStarbucks on Thursday reported quarterly earnings and revenue…

Igor Golovniov | Lightrocket | Getty ImagesAltice USA's shares dropped more than 20% and trading in the stock was briefly halted Thursday, after the company posted a weak earnings report.The company, which provides broadband, cable-TV,…

The cost of labor rose less than expected, but low productivity helped keep the pressure on inflation in the third quarter, according to Labor Department data released Thursday.Unit labor costs, a measure of productivity against…

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California.Justin Sullivan | Getty ImagesRestaurant Brands International on Thursday reported stronger sales at Burger King and Tim Hortons, joining…

Nikola Motor CompanySource: Nikola Motor CompanyElectric heavy truck maker Nikola said that it produced 75 trucks in the third quarter, and delivered 63 to dealers before quarter-end, generating enough revenue to beat Wall Street's…

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California.Justin Sullivan | Getty ImagesRestaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts'…

Shares of Karnataka Bank jumped more than 7 per cent on Thursday, extending their gains for the second straight session. The stock touched its 52-week high of Rs 123.05 during intraday deals. It finally settled 7.06 per cent higher at Rs…

Indian equity market ended on a weak note on Thursday, extending its previous day's decline amid weak global markets after the US Fed raised interest rates by 75 basis points. Sensex declined 69.68 points to end at 60,836.41. During the…

Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey.Michael Loccisano | Getty ImagesPeloton posted a wider loss than expected in its fiscal first quarter, as a steep decline in connected fitness…

Shares of State Bank of India (SBI) hit their all-time high today amid a correction in the broader market. SBI stock rose 2.43 per cent intraday to Rs 587.9 against the previous close of Rs 573.95 on BSE. Later, it closed 1.89 per cent…

Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesShares of Airbnb fell more than 13% Wednesday, a day after the company released third-quarter earnings that beat Wall Street's estimates but fell short on fourth-quarter…

Josh Silverman, CEO of EtsyAdam Jeffery | CNBCEtsy shares surged as much as 10% in extended trading Wednesday after the online marketplace's third-quarter revenue and earnings outperformed expectations. The company also posted upbeat…

The initial public offering (IPO) of Fusion Micro Finance has been subscribed 20 per cent so far on the second day of subscription on Thursday. The initial share sale received bids for 42,34,840 shares against 2,13,75,525 shares on offer,…

Shares of Adani Wilmar plunged nearly 3 per cent in afternoon session today after the Adani Group firm reported a 73 percent fall in net profit for the quarter ended September.  Net profit slipped to Rs 49 crore against Rs 182 crore profit…

The initial public offer (IPO) of Global Health Limited was subscribed 4 per cent in the afternoon session today. The firm received bids for 17.18 lakh shares against an IPO size of 4.67 crore shares amounting to a subscription of 4 per…

Cosmetics-to-fashion retailer Nykaa's parent firm FSN E-Commerce Ventures on Thursday received the approval of shareholders on bonus issue, employee stock options (ESOP) and stock unit plan (RSU). "The company received an overwhelming…

Thursday is a busy day for the IPO market, with three IPOs namely Bikaji Foods International, Global Health and Fusion Micro Finance being available for bidding. All the three IPOs have received 'subscribe' ratings from brokerages, but…

Shares of Piramal Enterprises rose over 5 per cent today as the company announced its board would consider and approve the issuance of non-convertible debentures on a private placement basis on November 7. Piramal Enterprises stock climbed…

DCX Systems, whose Rs 500 crore ran from October 31 to November 2, will finanise the basis of allotment on November 7. Last heard, the issue was commanding a grey market premium (GMP) of about Rs 82, which was higher than Rs 75 level, the…

Shares of Relaxo Footwears fell after three sessions of gains today after the footwear firm reported a 67.38 per cent fall in net profit for the second quarter ended September 2022. The Q2 earnings came below expectations. Centrum Broking…

The initial public offer (IPO) of Dr Naresh Trehan-led Global Health Limited will open today. Trehan, a renowned cardiovascular and cardiothoracic surgeon, is also the promoter of the company. The company operates and manages hospitals…

Indian equity market ended lower on Wednesday snapping a four-day rally amid a mixed trend in global equity markets. Despite a positive start, Sensex erased all the gains and closed 215.26 points or 0.35 per cent lower at 60,906.09. During…