Latest Updates Around The World
Auto and industrial components maker Schaeffler India announced a dividend of Rs 35 per equity share for the financial year ending December 31, 2025. The company will pay the dividend within 30 days after approval by shareholders at the annual general meeting (AGM), scheduled for April 30, 2026.The dividend was announced after trading hours today, […]
The U.S. Securities and Exchange Commission will give the targets of investigations more time to respond to its notices of potential charges, as part of a broader update to its internal enforcement protocols, the agency said. The updates to the SEC’s enforcement manual, last issued in 2017, are the latest sign of change at Wall […]
The U.S. Federal Reserve could resume cutting rates if inflation starts to fall, but it would be risky to use expected productivity growth as a reason to ease monetary policy now, Chicago Fed President Austan Goolsbee said as he waded into what is becoming a core debate at the U.S. central bank. “I’m optimistic that […]
Shares of Tata Investment Corporation fell in Tuesday’s trade after reports said Tata Sons executive chairman N Chandrasekaran sought a postponement of talks on his reappointment.The stock closed at Rs 668 apiece, extending losses for the second straight session. According to the company’s shareholding as on December 31, Tata Sons held 68.51% stake in Tata […]
Shares of IDFC First Bank rose around 3% on Tuesday after Haryana Chief Minister Nayab Singh Saini said the entire amount debited from the state government-linked accounts in the alleged Rs 590-crore fraud case has been recovered in less than 24 hours.The lender’s shares rose to Rs 72.24 apiece on Tuesday afternoon before wiping out […]
Real estate stocks fell as much as 5% on Tuesday, amid a carnage in the IT sector, which is facing an existential crisis in AI-led challenges. India’s technology sector is among the top employers and is linked to the demand for commercial real estate and urban housing.The Nifty Realty index fell 3% today to touch […]
India’s largest unlisted heavyweights, led by Reliance Retail and Flipkart, are driving a new ranking of high-potential companies seen as future public market candidates. JM Financial in partnership with Hurun India came up with an Unlisted Gems 2026 list, which features 100 large private companies with annual revenues of at least Rs 1,000 crore, and […]
Shares of major information technology companies came under pressure on February 24, falling as much as 8%, following a sharp decline in IBM among restive investors on Wall Street. The stock fell 13%, its worst single-day drop in 25 years, after AI startup Anthropic said its Claude tool can help streamline COBOL code.COBOL, short for […]
Bitcoin was trading around $63,000 on Tuesday as global risk sentiment weighed on crypto markets. The cryptocurrency was trading at $62,911.Bitcoin and Ethereum are down 3% and 2% respectively in the past 24 hours. Among the major altcoins, XRP, BNB, Solana, Tron, Dogecoin, Cardano and Hyperliquid fell 4%. According to CoinMarketCap, the global crypto market […]
Shares of One MobiKwik Systems rose nearly 13% on Tuesday after the company announced that its subsidiary had received BSE approval to start stock brokerage business.The fintech company’s shares rose to Rs 227.37 apiece in morning trade, breaking a three-session losing streak. Why are MobiKwik shares rising today? Mobikwik announced on Monday that its wholly-owned […]
