Domestic stocks rose on Monday, tracking firm global cues. They and snapped three-day losing streak. The BSE Sensex surged 859 points, or 1.41 per cent, to settled at 60,747.31. Nifty50…
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After 1,837% return in 1 year, multibagger stock Rajnish Wellness will turn ex-split today
Rajnish Wellness, whose shares have rallied 1,837 per cent in the last one year. will turn ex-stock split today. The scrip will split from a face value of Rs 2…
US FTC probes Pepsi, Coca-Cola over price discrimination
Beverage giants Coca-Cola Co and PepsiCo Inc are under preliminary investigation by the US Federal Trade Commission (FTC) over potential price discrimination in the soft drink market, Politico reported on…
S&P 500 near flat on chances of less aggressive rate hikes; Tesla shares up over 5%
The S&P 500 index erased early gains to close nearly flat on Monday as expectations that the Federal Reserve will become less aggressive with its interest rate hikes were offset…
Nasdaq leads Wall St higher as interest rate worries ease
The tech-heavy Nasdaq led gains among the main Wall Street indexes on Monday, boosted by shares of Amazon and Tesla, while signs of a cooling labor market supported bets of…
‘Must extend trade for 90 minutes if…’: Sebi modifies SOP for handling stock exchange outage
Capital markets regulator Sebi on Monday modified standard operating procedure (SOP) for handling stock exchange outage amid instances of technical snags impacting the overall trading system. Stock exchange has been…
TCS Q3 results: IT major sees net reduction in workforce; what it could mean
Tata Consultancy Services, India’s largest IT services exporter, on Monday reported its December quarter results and the one number that stood out was that during the quarter its overall headcount…
Full emergency declared for Vistara’s Delhi-Bhubaneshwar flight after hydraulic failure
A full emergency was declared on Monday for Vistara’s Delhi-Bhubaneshwar flight after hydraulic failure. According to sources, the flight returned after take off due to hydraulic failure. “On 9.01.2023 Vistara…
TCS Q3 earnings: Can the Rs 75 dividend, December quarter results reboot the IT stock?
Analysts retained their bullish view on Tata Consultancy Services (TCS) for the long term after it reported an 11 per cent year-on-year (YoY) growth in profit at Rs 10,846 crore…
Why Anil Ambani’s bankrupt Reliance Capital is important enough to start bidding war between Torrent and Hinduja Group
Two years after billionaire Ajay Piramal and the US-based Oaktree Capital had a bitter battle over the control of bankrupt Dewan Housing and Finance Ltd (DHFL), the two bidders —…