Business

Women walk past by a "Now Hiring" sign outside a store on August 16, 2021 in Arlington, Virginia.Olivier Douliery | AFP | Getty ImagesThe unemployment rate for Black and Hispanic women rose in February, but so did the number of people…

The U.S. labor market surprised to the upside yet again in February, powered by continued strength in the service sectors of the economy.The leisure and hospitality sector added 105,000 jobs last month, according to the Labor Department,…

Job creation decelerated in February but was still stronger than expected despite Federal Reserve efforts to slow the economy and bring down inflation.Nonfarm payrolls rose by 311,000 for the month, the Labor Department reported Friday.…

Domestic equity markets settled sharply lower on Friday, tracking the negative global cues. However, headline peers tried a small recovery during the fag end of the session, but was insufficient to erase the big losses. A steep fall in SVB…

Shares of Adani Wilmar Ltd closed lower today after seven straight consecutive sessions of gains. Preceding the current session, the Adani Wilmar stock had gained 41% returns in the last seven sessions. In the current trading session, the…

Foreign brokerage Jefferies has upgraded telecom operator Bharti Airtel Ltd to 'Buy', with a revised target of Rs 900 from Rs 850 earlier. Bharti’s market share gains among 4G subscribers, hikes in voice tariffs and improving tariff outlook…

Equity mutual funds attracted Rs 15,685 crore in February, making it the highest net infusion in nine months despite significant volatility in the stock markets. This is higher than Rs 12,546 crore inflow seen in January and Rs 7,303 crore…

Shares of Vedanta Ltd slipped over 4% today after Moody's Investors Service downgraded tits holding company Vedanta Resources Limited's (VRL) corporate family rating (CFR) to Caa1 from B3. Vedanta stock fell 4.54% to Rs 272.55 against the…

Shares of Adani Ports and Special Economic Zone are on a bull run as group stocks recover from the carnage caused by the Hindenburg report. Adani Ports shares, which crashed 48.11% from Rs 761.20 level on January 24 to the 52-week low of Rs…

There has been a rise in queries for unlisted shares of Tata Technologies, the engineering and design arm of Tata Group, ahead of its public issue, dealers said.  Tata Technologies, the engineering and design arm of Tata Group, has filed…

Bandhan Bank, IndusInd Bank, Kotak Mahindra Bank, Axis Bank Ltd and ICICI Bank Ltd are among the top picks of the global brokerage Jefferies in the Indian financial sector. Bandhan Bank Shares of Kolkata-based Bandhan Bank are likely to…

City workers in Paternoster Square, where the headquarters of the London Stock Exchange is based, in the City of London, UK, on Thursday, March 2, 2023.Bloomberg | Bloomberg | Getty ImagesLONDON — The U.K. economy grew by 0.3% in January,…

Leading private sector lender ICICI Bank Ltd, the country’s largest carmaker Maruti Suzuki, two-wheeler major Bajaj Auto and other banking majors including Axis Bank and IndusInd Bank are the most widely covered stocks on Dalal Street. As…

ITC Ltd recent stock's outperformance over FMCG peers might continue going ahead, thanks better earnings visibility in the next few quarters, inexpensive valuations and attractive dividend yield, said Motilal Oswal Securities. The…

Shares of IRB Infrastructure Developers Ltd (IRB Infra) were trading higher amid a weak market on Friday as the company announced a strong increase in the cumulative toll collection on a year-on-year (YoY) basis for the month of February…

Shares of Bharti Airtel Ltd were in focus today after global brokerage Jefferies upgraded the telco to a ‘buy’ with a target price of Rs 900. The Airtel stock was trading flat at Rs 773.20 in early trade even as the Sensex crashed 683…

Domestic stock indices opened sharply lower in Friday’s trade, tracking an overnight fall in US stocks. A 60 per cent crash in shares of Silicon Valley Bank spooked US investors, weighing in on sentiment in Asia today.   At 9.35 am, the…

Indian equity benchmarks ended lower on Thursday, halting a three-session winning streak. The domestic indices were dragged by automobile, consumer, technology, banks, financials and energy stocks. Sensex dived 542 points or 0.90 per cent…

Domestic equity market snapped a three-day winning streak to settle sharply lower on Thursday amid unfavourable global cues. The 30-share pack BSE Sensex tanked 541.81 points, or 0.90 per cent, to 59,806.28. NSE's Nifty50 fell 164.80…

SVB Financial Group scrambled on Thursday to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares. The…

Gap reported disappointing holiday-quarter results Thursday and announced a series of executive changes as the struggling retailer continues to search for a permanent CEO.Shares of the company fell in off-hours trading.Here's how the…

Safra Catz, Oracle's CEO and then one of Oracle's two co-CEOs, smiles during Oracle's OpenWorld conference in San Francisco on, Sept. 20, 2016.David Paul Morris | Bloomberg | Getty ImagesOracle shares dropped nearly 5% after the enterprise…

A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021.Al Drago | Bloomberg | Getty ImagesFootwear retailer Allbirds on Thursday unveiled a broad overhaul of its strategy and an…

Shares of Adani Group’s flagship firm Adani Enterprises Ltd fell after six consecutive sessions of gains today after CARE Ratings downgraded the outlook on Gautam Adani's flagship entity from stable to negative while considering the ongoing…

Indian equity benchmarks returned to negative territory on Thursday, halting a three-session winning streak. The domestic indices were dragged by automobile, consumer, technology, banks, financials and energy stocks. The 30-share BSE Sensex…

Initial public offering (IPO)-bound Zaggle Prepaid Ocean Services Ltd has attracted a Rs 50 crore investment from Vivriti Asset Management (VAM). "The proceeds from the investment will be utilised in growing Zaggle’s products such as the…

Shares of State Bank of India (SBI) were in focus today after the lender said it raised Rs 3,717 crore through the issuance of its third Basel III Additional Tier 1 bonds in the current financial year at a coupon rate of 8.25 per cent.…

Shares of HFCL Ltd gained nearly 4 per cent in Thursday's trade amid heavy volumes. The stock rose 3.63 per cent to hit a day high of Rs 70.20 over its previous close of Rs 67.74. Around 10.20 lakh shares changed hands today on BSE, which…

ICICI Securities remains positive on South Indian Bank, which has delivered multibagger returns to investors in the last three quarters. The brokerage said that the revamped business model of the private lender is yielding positive results…

Shares of Sequent Scientific Ltd rose sharply in Thursday's trade after the company called off a proposed acquisition of Tineta Pharma. The stock soared 14.64 per cent to hit a day high of Rs 71.51 over a previous close of Rs 62.38. A total…