Business

Miami, Florida, Coral Gables Shops at Merrick Park, Nordstrom Department Store with shopper entering. Jeff Greenberg | Universal Images Group | Getty ImagesNordstrom on Thursday reported lower sales and profits for the holiday quarter,…

People shop at Kohl's department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California.Liu Guanguan | China News Service | Getty ImagesKohl's on Wednesday posted a big, surprising loss and a sales decline of…

A Lowe's Home Improvement Warehouse worker collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty ImagesLowe's on Wednesday reported fiscal fourth-quarter sales that fell short of Wall…

Polestar 3Courtesy: PolestarSwedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from other EV startups.The company on Thursday reported an 84%…

Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesBest Buy on Thursday reported holiday-quarter earnings and revenue that topped Wall Street's expectations, as waning demand for consumer…

GQG Partners, a leading US-based global equity investment boutique, on Thursday bought shares worth Rs 15,446 crore ($1.87 billion) in Adani Group firms like Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani…

People wait in line to enter Macy's department store during Black Friday in New York City on November 25, 2022.Yuki Iwamura | AFP | Getty ImagesMacy's shares surged Thursday, as the company said it drew holiday shoppers looking for gifts…

People wait in line to enter Macy's department store during Black Friday in New York City on November 25, 2022.Yuki Iwamura | AFP | Getty ImagesMacy's shares surged Thursday, as the company said it drew holiday shoppers looking for gifts…

The ripple effect of Adani-Hindenburg row is being felt among hedge funds with the Managed Funds Association (MFA), the global hedge fund industry trade body, suggested in a letter to Britain's HM Treasury that it should dispense with how…

Indian equity benchmarks returned to negative territory on Thursday after recording a rebound in the previous session. The domestic indices were dragged by technology, banks, financials and automobile stocks. The 30-share BSE Sensex pack…

Shares of private setor lender Yes Bank Ltd fell sharply in Thursday's trade amid heavy volumes. The stock came under intense selling pressure after news agency Reuters, citing sources, reported that the State Bank of India (SBI) may lower…

Zerodha CEO Nithin Kamath on Thursday appreciated Sebi for cracking down on pump-and-dump schemes and said the market regulator is "killing it with these enforcement orders".  Securities and Exchange Board of India on Thursday barred 45…

All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next.Bloomberg | Bloomberg | Getty ImagesInflation in the euro zone eased slightly in the month of February, following comments…

The initial public offering (IPO) of Divgi TorqTransfer Systems continued to get a decent response from the investors on the second day of the bidding process. The issue majorly attracted the retail bidders, whose portion sailed through on…

Shares of Kiri Industries Ltd rose sharply in Thursday's trade to hit their upper price band amid heavy volumes. The stock jumped 10 per cent to hit a day high of Rs 305.40 over its previous close of Rs 277.65. Around 13,000 shares changed…

Shares of Macrotech Developers Ltd surged in Thursday's trade, extending their gains for the fourth straight session. The stock zoomed 18.18 per cent to hit a day high of Rs 999 over its previous close of Rs 845.30. At today's high price of…

After delivering multibagger returns to investors in a little more than two years of listing, Bodhi Tree Multimedia Ltd has added another accolade to its name. The company has informed the bourses that its latest web series on Netflix named…

Shares of Adani group jumped up to 5 per cent in Thursday's trade, with the group market cap rising over Rs 23,400 crore after the Gautam Adani-led group welcomed Supreme Court's order to conduct an investigation to ascertain if the…

Shares of Vikas Ecotech Ltd rallied more than 11 per cent during the early trade on Thursday after the company informed the bourses about its debt reduction program. The company intends to become a 'zero debt entity' in 2024, it said in an…

Sebi has barred Lashit Sanghvi, co-founder of Alchemy Capital Management, and his wife Neha Lashit Sanghvi, from accessing the securities market for a period of one year for alleged insider trading in shares of Aptech. The case pertains to…

Shares of Olectra Greentech Ltd jumped in Thursday's trade, pausing their losing run of two straight sessions. The stock soared 8.65 per cent to hit a day high of Rs 539.90 over its previous close of Rs 496.90. Fresh gains on the counter…

After a day's hiatus, bears were back at Dalal Street as benchmark indices opened lower on Thursday on the back negative global cues. However, indices seesawed between red and green zone for the initial few minutes as recovery could not…

Domestic equity markets are likely to open lower on Thursday, tracking the subdued global cues. Asian peers were trading lower at opening, whereas US stocks ended on a mixed note. Inflation worries continue to loom among the traders. Back…

Domestic stock indices settled higher on Wednesday, breaking an eight-day losing streak, thanks to strong global cues. The BSE Sensex advanced 448.96 points, or 0.76 per cent, to 59,411.08. The NSE barometer Nifty rose 146.95 points, or…

Marc Benioff, co-founder and CEO of Salesforce, speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Stefan Wermuth | Bloomberg | Getty ImagesSalesforce shares soared 15% in extended trading on Wednesday after the…

Most garment and apparel stocks climbed on Wednesday, in line with the domestic benchmarks which settled higher after an eight-day halt. The top three industry-wise gainers on BSE are Rupa & Company, Dollar Industries and Bella Casa…

All 10 listed Adani Group stocks (including ACC, Ambuja Cements and NDTV) settled higher for the first time in sync on Wednesday since the US-based short seller Hindenburg Research released its report which resulted in a massive slump in…

Domestic equity markets broke the eight-day losing streak on Wednesday as benchmark indices settled with sharp gains at the end on the back of strong global cues. Positive data over manufacturing, services and home sales boosted the…

Shares of Adani Total Gas Ltd closed higher today after falling for last 20 sessions in line with positive broader indices. Adani Total Gas stock ended at 4.85% higher at Rs 713.20 against the previous close of Rs 680.20 on BSE. Adani Total…

Shares of Adani Total Gas Ltd closed higher today after falling for last 20 sessions in line with positive broader indices. Adani Total Gas stock ended 4.85% higher at Rs 713.20 against the previous close of Rs 680.20 on BSE. Adani Total…