Business

Adani Wilmar shares fell for the seventh consecutive session today as amid a rout in the Adani Group stocks. Adani Wilmar shares opened 5% lower at Rs 421.45 on BSE. The stock was stuck in the lower circuit of 5%. The stock has lost 30.14%…

Dozens of companies are scheduled to report their quarter results later today. They incldued ITC, State Bank of India (SBI), Tata Power and One 97 Communications (Paytm). While SBI is expected to log over 60 per cent jump in net profit,…

Domestic equity continued to remain volatile as benchmark equity indices settled mixed on Thursday. For the day, the 30-share pack BSE Sensex gained 224.16 points, or 0.38 per cent, to 59,708.08. However, Nifty50 Index settled flat as it…

The Nasdaq and S&P 500 ended higher on Thursday and touched roughly five-month highs as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost…

Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company's stock dropped nearly 4% after hours, erasing some of the 7.28% it gained in normal trading hours. Here's how the…

Cristiano Amon, CEO of Qualcomm.Steve Marcus | ReutersQualcomm shares fell 3% in extended trading on Thursday after the chipmaker reported lower fiscal first-quarter revenue than analysts had predicted and issued weak quarterly guidance.…

Apple missed expectations for revenue, profit, and sales for many of its lines of business on Thursday, sending the stock lower in extended trading. Apple's overall sales for the holiday quarter were about 5% lower than last year's, the…

A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California.Lucy Nicholson | ReutersStarbucks is expected to report its fiscal first-quarter earnings after the bell Thursday.Here's what Wall Street…

Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow's opening night for the NHL's newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle.Bruce Bennett | Getty…

Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan.Nic Antaya | Getty ImagesDETROIT – Ford Motor is set to report its fourth-quarter earnings…

Amid market volatility, National Stock Exchange on Thursday has placed Adani Enterprises, Adani Port, Ambuja Cement under ASM (Additional Surveillance Margin) framework with effect from February 3, 2023. This will mean intraday trading…

Abu Dhabi-based International Holding Company (IHC) on Thursday said it has been notified by Adani Enterprises that the Adani Group's flagship firm has decided to call off its Rs 20,000-crore follow-on public offer.  IHC confirmed that its…

The Adani Group faced another disastrous day on the market as the shares of its listed companies continued their downward spiral for the sixth consecutive session following the conglomerate's decision to call off its fully subscribed Rs…

The Securities and Exchange Board of India (Sebi) has a limited role in the ongoing Adani Group issue that has snowballed into a political one as well with parliamentarians demanding a regulatory probe into the allegations raised by…

Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022.Flavio Lo Scalzo | ReutersFerrari on Thursday reported full-year profits up 13% year over year and guided to…

Adani Group firms' stocks lost combined market capitalisation of over $100 billion in the past week due to a scathing report by US-based short seller firm Hindenburg Research. However, the US firm stands to gain not from stock rout but when…

A total of 10 Adani group stocks have lost Rs 8.76 lakh crore ($107 billion) in market capitalisation in a span of mere six trading sessions. That, at a rupee-dollar exchange rate of 81.80 stood near $110-111 billion annual GDPs (World…

Check share price live: Dabur India Dabur India shares ended lower today after the FMCG firm reported its Q3 earnings. Share price of Dabur India touched an intraday low of Rs 547 falling 2.61% against the previous close of Rs 561.65.…

Check share price live: Dabur India Dabur India shares ended lower today after the FMCG firm reported its Q3 earnings. Share price of Dabur India touched an intraday low of Rs 547 falling 2.61% against the previous close of Rs 561.65.…

Shares of ITC on Thursday extended their gains for the third straight session ahead of the December quarter (Q3) results. The stock settled 4.74 per cent higher at Rs 378.60 over its previous close of Rs 361.45. The scrip has jumped 9.85…

Shell said last month that windfall taxes imposed by the European Union and U.K. following the surge in profits would cost the group about $2 billion.Paul Ellis | Afp | Getty ImagesBritish oil giant Shell on Thursday posted its highest-ever…

Domestic equity equity continued to remain volatile as benchmark equity indices settled mixed on Thursday as pain continued to dampen the Adani Group stocks, keeping traders hooked to the tenterhooks. Another bout of rout in Adani stocks…

A statue is pictured next to the logo of Germany's Deutsche Bank in Frankfurt, Germany, September 30, 2016.Kai Pfaffenbach | ReuterDeutsche Bank on Thursday reported its 10th straight quarter of profit, but shares retreated as analysts…

Titan Company on Thursday reported a 4 per cent year-on-year (YoY) drop in standalone net profit at Rs 951 crore for the December quarter compared with Rs 987 crore in the same quarter last year. Total income for the quarter jumped 12 per…

Ion Exchange shares gained nearly 13% today after the water treatment & environment solutions firm said it won an order worth Rs 726.13 crore from state-owned firm Indian Corp. The stock price rose 12.84% to Rs 3040.95 compared to the…

Shares of Britannia Industries Ltd gained over 5% to hit a record high in a volatile market today after the FMCG firm reported a 151% rise in profit for the quarter ended December 2022.   Britannia Industries stock hit an all-time high of…

Zerodha co-founder Nikhil Kamath has said that whatever New York-based short seller Hindenburg Research says should be taken with a word of caution as they are biased. In an interview with India Today’s Global Business Editor, Udayan…

Adani Wilmar shares were trading in the red for the sixth consecutive session today amid a rout in the Adani Group stocks. Adani Wilmar shares were stuck in the lower circuit of 5 per cent to Rs 421.45 on BSE. The stock has lost 26.47% in…

Shares of Adani Ports and Special Economic Zone (Adani Ports) opened sharply lower on Thursday, hitting lower circuit at opened as its marketcap slipped below Rs 1 lakh crore mark. However, the bluechip counter of Adani Group made a decent…

Shares of Adani Enterprises plunged 10 per cent in Thursday’s trade after the Adani group company decided to withdraw its successfully concluded Rs 20,000 crore follow-on public offer. Other group stocks witnessed heavy selling pressure…