Category: Stocks

Representative image The CBI have charged 30 people with rioting and other offences after an environmental protest at Vedanta Ltd’s copper mine in 2018 turned deadly, with police shooting dead 12 protesters. The incident, the deadliest environmental protest in India in a decade, was condemned by a working group of United Nations’ human rights experts for […]

The incidence of front running by a fund manager and a trader at a mutual fund hasn’t come as a complete surprise to SEBI, as per sources close to the market regulator. These sources say the regulator has been using its database to spot front running based on synchronized movement in prices of stocks purchased by […]

Pubs and bars in provinces classified as green and blue zones will be allowed to serve patrons until midnight, Deputy Health Minister Satit Pitutecha told reporters in Bangkok on Friday after a meeting of the nation’s virus task force chaired by Prime Minister Prayuth Chan-Ocha. May 20, 2022 / 11:31 AM IST (Image: Reuters) Thailand […]

Much of the pain of the collapse has instead been felt by regular traders. On a Reddit forum for Luna evangelists, users shared lists of suicide hotlines as people who had poured their savings into Luna or TerraUSD expressed despair (Image Source: Gerd Altmann/Pixabay) David Yaffe-Bellany and Erin Griffith (Circuits) Do Kwon, a trash-talking entrepreneur […]

Air India spokesperson said the passengers were flown to the destination Bengaluru after a change of aircraft on Thursday. PTI May 20, 2022 / 12:02 PM IST File image of an Air India aircraft on the runway An A320neo plane of Tata Group-run Air India returned to the Mumbai airport just 27 minutes after take […]

All the sectoral indices ended in the green with metal, pharma, capital goods, PSU bank, and realty indices up 3-4 percent each. The BSE midcap and smallcap indices rose 2 percent each. Indian benchmark indices erased the previous day’s losses and ended higher with Nifty above 16,200. At close, the Sensex was up 1,534.16 points […]

Sources told Reuters, TikTok plans to unveil ad-supported games that will be derived from parent company ByteDance’s resume, with the goal of boosting revenue and increasing user engagement on the app TikTok wants to get into gaming; tested in-app mini game last year (Image Source: Reuters) Video sharing app TikTok is planning a major push […]

Representative Image. (Source: ShutterStock) The National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT order directing RattanIndia Finance to appoint Bipin Kabra, nominee of its JV partner, as its CFO, till July 6 — the next date of hearing. Earlier, on March 29, the New Delhi-based bench of the National Company Law Tribunal (NCLT), […]

China’s central bank slashed five-year loan prime rate by 15 basis points to 4.45 percent ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data ) { $ […]

Sunjay Kapur, Chairman of Sona BLW, speaks during an interview with Reuters, in New Delhi, India, May 12, 2022. (Image: Reuters) Indian auto parts maker Sona BLW Precision Forgings expects two-thirds of its revenues to come from electric vehicle (EV) components over the next few years, as automakers rush to build more clean cars, its […]

The company reported a 15 percent year-on-year rise in consolidated revenues from operations to Rs 5,437 crore for the March quarter. Dr Reddy’s Laboratories ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = […]

The approval granted by the US Food and Drug Administration (USFDA) to Glenmark Pharmaceuticals Inc, USA (Glenmark) is for Abiraterone Acetate tablets of strength 500 mg, the company said in a statement. PTI May 20, 2022 / 10:27 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = […]

Stocks to Watch: Check out the companies making headlines before the opening bell. Results for May 20: Amara Raja Batteries, IDFC Ltd, Indigo Paints, Lakshmi Mills Co Ltd, Mindteck India Ltd, Nuvoco Vistas Corp Ltd, Rane Madras Ltd, SML Isuzu Ltd will report their March quarter earnings today. Biocon Biologics and Viatris Launch Abevmy their […]

(Representative image: Reuters) The U.S. dollar headed for its worst week since early February against major peers on Friday, weighed down by a retreat in Treasury yields and fatigue after the currency’s breathless 10%, 14-week surge. The dollar index, which measures it against six major rivals, was down 1.5% for the week to 102.96, on […]

Representative image (Source: Reuters) Oil prices were little changed on Friday as worries about weaker economic growth offset expectations that crude demand could rebound in China as Shanghai lifts some coronavirus lockdowns. Brent futures for July delivery fell 36 cents, or 0.3 percent, to $ 111.68 a barrel by 0015 GMT, while US West Texas […]

Initial claims for state unemployment benefits increased 21,000 to a seasonally adjusted 218,000 for the week ended May 14, the highest level since January, the Labor Department said on Thursday. Economists polled by Reuters had forecast 200,000 applications for the latest week. Reuters May 19, 2022 / 07:05 PM IST Representative image (Source: AP) New […]

Private sector insurer HDFC Life Insurance has set an ambitious target of more than doubling its embedded value to Rs 60,000 crore in the next five years, buoyed by a similar feat achieved during the past five years. The HDFC group company has also set a target of doubling its Assets Under Management (AUM) to […]

The broad-based S&P 500 slipped 0.2 percent to 3,914.36, while the tech-rich Nasdaq Composite Index climbed 0.3 percent to 11,447.84. AFP May 19, 2022 / 07:42 PM IST Wall Street stocks opened mostly lower Thursday, as markets struggled to rebound from the sell-off in the prior session amid worries about inflation and slowing growth. About 10 […]