Business

Adani Enterprises' Rs 20,000-cr FPO got subscribed only 1% on Day 1 owing mainly to a scathing report Hindenburg Research, the US short seller that triggered a selloff in the conglomerate's listed firms, thus raising concerns over whether…

Hindenburg said in its 106-page report that it was concerned that a high proportion of equity held by promoters or key shareholders in Adani Group's listed companies has been pledged for loans

Shares of Indraprastha Gas Ltd (IGL) ended higher today after the firm announced its December quarter earnings. IGL shares hit an intraday high of Rs 424, rising 2.49% on BSE. Share price of IGL ended 0.97% to Rs 417.70 against the previous…

The ongoing fall in Adani Group stocks has given a deep dent to their investors’ portfolios in just two trading sessions. The country’s biggest institutional investor Life Insurance Corporation of India (LIC) is one of them. LIC’s combined…

Adani stocks took a sharp beating on Friday, wiping out around Rs 4 lakh crore from the group's market capitalisation (m-cap) in just two straight sessions. The stocks cracked after a report by US-based short seller Hindenburg Research…

After a day's hiatus, trading resumed at Dalal street and domestic stocks cracked for the day. Hindenburg Research's report left Adani Group stocks bleeding for the day, and banks felt the rub-off effect of the same. Markets turned anxious…

Shares of FMCG firm ITC gained nearly 3% today amid a weak market sentiment today. ITC shares reached the intraday high of Rs 348.80, rising 2.69 per cent on BSE. ITC stock has been rising for the last five sessions. The rally in the large…

Gautam Adani, India's richest person, has seen his fortunes fall below the coveted $100 billion-mark amid a rout in the Adani Group stocks triggered by US-based short seller Hindenburg's report, showed data. As per Forbes, Adani, 60, was…

Adani stocks cracked in Friday's trade to hit lower circuit levels after US-based short seller Hindenburg Research launched a scathing attack on the group. Eight out of 10 listed Adani Group companies, including recent acquisitions of ACC,…

Shares of Dixon Technologies India hit their fresh 52-week low after the firm reported Q3 earnings that disappointed Dalal Street. Management also cut FY23 revenue guidance citing lower mobile revenue, which dampened investor sentiment.…

Benchmark equity indices BSE Sensex and NSE Nifty extended their losses for the second straight session on Friday amid heavy selling in index heavyweights including Reliance Industries, Adani Enterprises and Adani Ports among others. The…

Shares of Adani group firms have fallen up to 52 per cent over their 52-week highs, thanks a sharp erosion in their market values amid report by short seller Hindenburg Research. Hindenburg claimed that the Adani group was engaged into…

Adani Enterprises' Rs 20,0000 crore follow-on public offering (FPO) hit the Dalal Street on Friday, January 27. The issue can be subscribed till Tuesday, January 31 and investors can bid for the shares in the range of Rs 3,112-3,276 apiece…

Indian equity benchmarks fell sharply in late morning trade on Friday after recording a rebound in the previous session. The BSE Sensex slumped over 700 points while the NSE barometer Nifty hit the sub-17,700 level. At 10:59 am, the 30-pack…

Shares of Adani Transmission slipped nearly 19 percent in early trade amid a report by Hindenburg Research alleging accounting frauds, stock manipulations and money laundering by the Adani Group. Adani Transmission stock crashed 19.01 per…

Tata Motors' December quarter results came in better than Street expectations. What analysts liked the most was Jaguar Land Rover (JLR) orderbook that stood tall at 2,15,000 units and also the fact that new order-bookings in December…

Domestic equity indices ended the session with big cuts on Wednesday as negative news flow at both domestic and global levels triggered the sell-off amid F&O expiry of January series contracts. Sensex plunged 773.69 points or 1.27 per…

Two stocks Metro Brands and Surya Roshni will go ex-dividend on Friday. Abirami Financial Services will go ex-share buyback. Bajaj Finance, Vedanta, Aditya Birla Sun Life AMC, Godfrey Phillips India, Sterlite Technologies, Anupam Rasayan,…

Intel CEO Pat Gelsinger stands in front of a cathedral in the German city of Magdeburg on Nov. 12, 2022. During his visit, Gelsinger also visited the planned site of the Intel Gigafactory in the Eulenberg industrial park.…

Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida.Paul Hennessy | Anadolu Agency | Getty ImagesSouthwest Airlines…

The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead.Fourth-quarter gross domestic product, the sum of all goods and services produced for the October-to-December…

Comcast on Thursday reported fourth-quarter earnings that topped analyst expectations despite persistent softness in broadband subscriber growth and mounting losses from its streaming service, Peacock. The company's top-line growth was…

Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia.Alex Wong | Getty ImagesAmerican Airlines' fourth-quarter profit beat analysts' expectations as…

A pedestrian walks in front of an AT&T location in New York.Scott Mlyn | CNBCAT&T shares jumped on Wednesday after the carrier reported fourth-quarter subscriber growth that exceeded Wall Street's estimates, shrugging off its…

A pair of Levi's selvedge denim jeans arranged in Louisville, Kentucky.Luke Sharrett | Bloomberg | Getty ImagesLevi Strauss on Wednesday posted earnings and revenue that topped Wall Street's expectations. Shares of the company rose in…

IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023.Stefan Wermuth | Bloomberg | Getty ImagesIBM reported quarterly revenue on Wednesday that topped analysts' estimates,…

Marquee investors Maybank Securities, Abu Dhabi Investment Authority were among the marquee investors to pick up stake in Adani Enterprises' Rs 20,000-crore follow-on public offering on Wednesday, which coincided with a short-seller report…

Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesElectric vehicle maker Tesla plans to report…

In an important analysis done by the capital markets regulator Securities and Exchange Board of India (Sebi), it has been found that while the number of individual traders in the equity derivatives segment registered an exponential rise…

As many as 89 per cent of the individual traders lost their money in the F&O segment in FY22; they witnessed an average loss of Rs 1.1 lakh during the year, according to market regulator Securities and Exchange Board of India. While…