Banking and finance, markets, the economy and companies.
A three-session rally has lifted Hero Motors shares 46% above their IPO price, even as the stock remains down about 12% over the past month. Quarterly profit climbed 115.6% and revenue grew 24.9%, with margins improving.
Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered…
Alphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to September. The net profit dropped 25 percent to $26.2 billion, which fell short of analyst predictions. While YouTube's revenue growth has decelerated, Google Cloud's r…
The new FASTag concessional local pass launches on 1 November for non-commercial vehicle owners living within 20 km of a toll plaza. Costing ₹1,500 or ₹3,000 annually, it differs from the ₹3,075 FASTag Annual Pass in coverage, eligibility and usage rules.
Best Adani stock to buy after Q2 results 2026: Brokerages recommend Adani Enterprises, Adani Ports, Adani Energy Solutions, and Adani Power as top picks
Malaysian hospital operator Asia OneHealthcare has filed for an IPO of up to 4.38 billion shares on Bursa Malaysia. The TPG-backed company plans to use the fresh-issue proceeds for hospital expansion, facility upgrades, debt repayment and IPO expenses. It operates 23 hospitals and returned to profit…
Birlasoft shares rose over 12% after Q2 FY27 net profit increased 37.5% year-on-year to ₹160 crore and revenue grew 6.6%. The company recommended a ₹3 interim dividend, while operating margins narrowed and Nuvama retained its Hold rating despite raising its target price to ₹300.
EAAA India Alternatives Rs 1,200 crore IPO was subscribed 5.51 times, led by strong demand from institutional investors. The allotment is expected to be finalised today, while the shares are scheduled to list on the BSE and NSE on November 2, 2026. The IPOs grey market premium suggests modest listin…
United Breweries shares fell nearly 3% after gains as investors booked profits despite strong Q2FY27 results. Profit surged 191% year-on-year and revenue rose 23.7% while analysts see longer-term potential from volume growth and premiumisation.
Tentative resumption of Gulf shipments via Strait of Hormuz offers limited relief as nearly 40% of units remain shut
Microsoft reported a strong fiscal-year start, with September-quarter revenue up 19% to $92.3 billion and Microsoft Cloud revenue reaching $63.9 billion. Azure grew 48%.
RBI likely intervened mildly to curb rupee pressure, with state banks offering dollars on its behalf, traders say.
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