Business

SJS Enterprises' shares plunged more than 11 per cent in early trade on Friday after the company announced a muted performance in the December 2022 quarter on a sequential performance (QoQ). Seasoned investor Ashish Kacholia owns a…

Shares of online food delivery provider Zomato fell over 7% in early trade today after the firm's December quarter loss widened to Rs 346.6 crore on year for the quarter ended December (Q3FY23) against a loss of Rs 63 crore in the year-ago…

Domestic equity markets extended their gains for the second straight session on Thursday. BSE Sensex jumped 142.43 points, or 0.23 per cent to 60,806.22 and Nifty gained 21 pts to 17,893.45. However, broader markets underperformed the…

Domestic benchmark indices extended its gains for the straight second session amid mixed global cues, thanks to buying in heavyweight IT stocks and Bajaj twins. BSE Sensex jumped 142.33 points, or 0.21 per cent, to 60,806.22. NSE's Nifty50…

Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars.Justin Tallis | Afp | Getty ImagesTether on Thursday published its latest quarterly financials, with the world's top stablecoin issuer stating publicly for the first…

Pepsi sodas are displayed on shelves at a Walmart Supercenter on December 06, 2022 in Austin, Texas. PepsiCo, the maker of Pepsi soda, plans to cut hundreds of corporate jobs at its North American division according to a news report from…

India's Adani Total Gas reported a 17.2% rise in quarterly profit on Thursday on price hikes and short-term contracts, and the company said it was evaluating an independent review following a US short-seller's critical report on its…

Prabhudas Lilladher has come out with a report on several stocks including One97 Communications (Paytm), FSN E-Commerce Ventures (Nykaa), PB Fintech (Policybazaar), CarTrade Technologies, Affle India, Nazara Technologies and Go Fashion,…

Domestic equity markets extended their gains for the second straight session on Thursday. Headline indices recouped their early losses, thanks to buying in IT stocks which pushed the market higher. However, global sentiments remained mixed.…

Shares of Tata Group's retail arm Trent rose over 8% today after the firm announced its earnings for Q3. Trent shares rose 8.7% to Rs 1343.25 against the previous close of Rs 1235.70 on BSE. Trent stock is trading higher than the 5 day, 20…

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul.The lender's fourth-quarter net loss attributable to shareholders came in at 1.4…

Shares of Adani Group continue to be in focus following a notification from MSCI. MSCI will review the free-float status of Adani Group securities. "MSCI has received feedback from a range of market participants concerning the eligibility…

A host of auto and auto ancillary sector companies such as Escorts Kubota, UNO Minda, Samvardhana Motherson, Minda Corporation have announce their quarterly results. The numbers have been good, as suggested by brokerages. Motilal Oswal…

Apollo Micro Systems shares hit an upper circuit on Thursday after the company provided strong project update with the exchanges. On Wednesday, the defence and aerospace player announced that it has bagged orders worth Rs 43.98 crore.…

Shares of Paytm (listed as One97 Communications) are trading 63% lower against their listing price despite the recent four-day rally triggered by better-than-expected earnings for the quarter ended December 2022. The price targets for Paytm…

Tata Steel, IndusInd Bank, Apollo Tyres, ONGC, ITC were among Nifty companies, which quoted up to 61 per cent discount to their historical price to equity (P/E) or price to book value (P/BV) levels at January-end. The month saw the NSE…

Shree Cement shares fell over 2% today after the cement maker reported a weak set of Q3 earnings. Profit fell 44% for the quarter ended December 2022. Shree Cement stock lost 2.15 per cent intraday to Rs 23,720 against the previous close of…

Adani Power shares hit lower price band on Thursday after the company reported a poor set of numbers in the December 2022 quarter (Q3 FY23). The Adani Group company is also facing the threat of likely reduction in weightage by MSCI, which…

Shares of Life Insurance Corporation (LIC) of India were trading on a flat note ahead of the firm's Q3 earnings set to be announced today.  LIC stock gained 0.60 per cent intraday to Rs 613.75 against the previous close of Rs 610.10 on BSE.…

Adani Wilmar reported a good set of December quarter results. Nuvama Institutional Equities said Food and FMCG business is now contributing 15 per cent of volumes and 7 per cent of value, a positive sign, as the Adani group company's…

Istanbul's stock exchange operator suspended trading until Feb. 15 and cancelled all Wednesday's trades in the wake of devastating earthquakes that struck Turkey and Syria on Monday. The tremors rocked Turkey and Syria in the early hours…

US stocks ended down on Wednesday, paring most of the previous session's strong gains, with tech-focused shares leading the way lower. Alphabet Inc was the biggest drag on the S&P 500 and Nasdaq. Its shares sank 7.7% after its new AI…

The Mattel company logo is pictured during the inauguration of the expansion of the Montoi plant, in Escobedo, Mexico March 15, 2022.Daniel Becerril | ReutersBarbie-maker Mattel posted fourth-quarter results after market close on Wednesday…

Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey.Gabby Jones | Bloomberg | Getty ImagesAffirm announced it's cutting 19% of its workforce as it reported second quarter…

Bob Iger poses with Mickey Mouse attends Mickey's 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles.Valerie Macon | AFP | Getty ImagesLOS ANGELES – While shareholders will still be keyed in to see how many…

Shares of Google's parent company lost more than $100 billion in market value on Wednesday after its Bard chatbot ad showed inaccurate information and analysts said its AI search event lacked details on how it will answer Microsoft's…

Uber reported fourth-quarter earnings Wednesday that beat analysts' estimates. Shares were up more than 6% in premarket trading.Here's how the company did:Earnings per share: 29 cents vs. 18 cent loss expected by analysts, according to…

Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurant in Lockport, Illinois.Daniel Acker | Bloomberg | Getty ImagesYum Brands on Wednesday reported quarterly earnings and…

The container ship Maersk Murcia sits moored in the port of Gothenburg, Sweden, on August 24, 2020.JONATHAN NACKSTRAND | AFP | Getty ImagesMaersk, one of the world's largest container shipping firms, on Wednesday reported a fall in…

Mark Mobius, an acknowledged name in the world of investing, says he is not surprised about the battering in the Adani group of stocks ever since the report from the US short seller Hindenburg Research was made public. The veteran investor…