Category: Stocks

BankBazaar.com, which eyes to become the most profitable co-branded credit card platform, expects to turn profitable this fiscal and plans to file for an IPO by the end of next year, founder and CEO Adhil Shetty said. The company which started off as a loan comparing platform in 2008 is now majorly into co-branded credit […]

Punjab & Sind Bank reported a profit of Rs 218 crore in the year-ago period. PTI November 05, 2022 / 03:40 PM IST Representative Image Public sector lender Punjab & Sind Bank on Saturday said its net profit rose 27 per cent to Rs 278 crore in the second quarter of FY23 on the back […]

Amid massive layoffs at Twitter across the world, including in India, and the subsequent backlash, the microblogging site’s new owner Elon Musk on Saturday justified the move, saying there was “no choice” when the company was losing millions of dollars daily. The company posted a net loss of USD 270 million in the second quarter […]

The Supreme Court of India. (File image) The Supreme Court has said a borrower cannot claim further extension of time as a matter of right for making payment under the one-time settlement (OTS) scheme. The apex court said the borrower has to establish any right in its favour to claim the extension as a matter […]

Joe Biden during a speech in Florida (Image credit: @ClayTravis/Twitter) President Joe Biden has notched an envious record on jobs, with 10.3 million gained during his tenure. But voters in Tuesday’s midterm elections are far more focused on inflation hovering near 40-year highs. That’s left the president trying to convince the public that the job […]

“JMC Projects (India) Limited (JMC), a leading civil engineering and EPC company, has secured new orders of Rs 2,277 crore,” a company statement said. PTI November 04, 2022 / 11:50 AM IST JMC projects ‘); $ (‘#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(“greentxt”).addClass(“redtxt”); // […]

The project to supply and install 800 units of DC fast EV Chargers has already been initiated from Delhi and is expected to be completed by March 31, 2023, a company statement said. PTI November 04, 2022 / 12:38 PM 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 […]

The CEO on succession, unions and the future of the coffee chain File photo of a Starbucks outlet (Image Source: Reuters) Andrew Edgecliffe-Johnson Howard Schultz was supposed to be in the White House by now, healing America’s divisions with empathetic concern and entrepreneurial practicality. Instead, four years after retiring and three since his abortive […]

The company has received tentative approval from the US Food and Drug Administration (FDA) for its abbreviated new drug application (ANDA), Drospirenone Tablets in 4 mg strength, the Mumbai-based drug maker said in a statement. PTI November 04, 2022 / 02:03 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ […]

A Poco smartphone with model number 22111317PI was recently spotted on India’s BIS certification website Xiaomi recently launched the Redmi Note 12 series in China. While the Redmi Note 12 series is yet to get a global debut, reports suggest that the vanilla Redmi Note 12 5G handset could be unveiled in India as a […]

At the time of launch of the new S1 Air electric scooter ahead of Diwali last month, he had said the company was already producing more than 1,000 a day at its ‘future factory’ and would be scaling it up significantly beyond that. PTI November 04, 2022 / 02:20 PM IST Ola Electric will miss […]

A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams Representative Image In a world strapped for time, we thought you may find it useful to have a selection of articles we read this past week. As the week winds down, you […]

The country’s largest carmaker has already commenced work at the new facility in Sonipat district. PTI November 04, 2022 / 02:55 PM IST Maruti Suzuki India (File image) ‘); $ (‘#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(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ […]

The open-ended target maturity index fund will invest in the constituents of the Nifty SDL September 2026 index, the fund house said in a statement on Friday. PTI November 04, 2022 / 02:27 PM IST Axis Mutual Fund expects to mop up at least Rs 200 crore from its new fund offer that tracks the […]

According to the sources close to the development, the promoters may infuse around Rs 100 crore capital in tranches. PTI November 04, 2022 / 12:33 PM 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’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ […]

Bitcoin, Ethereum continue downtrend day-after Fed meet, experts say further hike fears to dampen enthusiasm Major cryptocurrencies, led by Bitcoin and Ethereum continued their downward trajectory a day after the Federal Reserve raised interest rates by 75 basis points. While Bitcoin was trading down about 1 percent at $ 20,200 levels over the past 24 […]

Indian stock markets show resilience despite hawkish tone by US Fed Indian equities closed weak marginally, avoiding the sharp overnight selloff on Wall Street after the US Federal Reserve squashed hopes of easing monetary tightening anytime soon. The benchmark Sensex closed at 60,836. 41, down 0.11 percent, and the 50-share Nifty declined 0.17 percent after […]

India needs to form strategic alliances with southern African countries where critical rare earth minerals are produced, as the world looks to the continent to fulfil the ever-increasing demand for them, a report by India Exim Bank has suggested. The report, titled ‘Reinvigorating India’s Engagements with Southern Africa,’ was released in Johannesburg this week as […]