The S&P 500 and Nasdaq fell on Tuesday as concerns about high technology valuations resurfaced, while markets closely watched progress toward the end of the longest government shutdown in U.S. history.Damping sentiment, a weekly update to ADP’s preliminary payroll figures showed that private employers cut an average of 11,250 jobs per week for the four […]
Snack maker Bikaji Foods International Ltd on Tuesday reported a 13.5 per cent rise in consolidated net profit at Rs 77.67 crore for the second quarter ended September 2025.The company had posted a profit of Rs 68.43 crore for the July-September period a year ago, according to a regulatory filing by Bikaji Foods. Operating revenue […]
Early signs from the exit polls predict a clear victory for the NDA and a setback for the Congress-RJD alliance. Multiple surveys released on Tuesday evening predicted a strong victory for the NDA, led by the BJP and JD(U), while the opposition Mahagathbandhan (MGB) is expected to trail by a wide margin.According to the Peoples […]
BLS International has reported revenues of Rs 737 crore for the second quarter of fiscal 2026, up 49% year-on-year. The company that provides technology-based services to governments and citizens reported a net profit of Rs 186 crore, up 27.4% year-on-year.The company said it has been awarded a three-year contract by the Ministry of External Affairs, […]
Swedish furniture giant Ikea India’s Indian arm has posted 6% year-on-year (YoY) revenue growth of Rs 1,860.8 crore during 2024-25, while earnings before interest, taxes, depreciation and amortization (EBITDA) excluding fixed costs grew 12% YoY. Ikea India expects to become profitable in India within two years, according to a press release issued on Tuesday. The […]
Vodafone shareholders will be rewarded with its first dividend increase in eight years after a return to growth in Germany helped the European mobile and broadband operator improve its profit prospects.Shares of the British company, trading at their highest level in two and a half years, rose 5% to 94 pence after it reported a […]
Capillary Technologies India, whose initial public offering (IPO) will open for bids on Friday, November 14, has set the price range of Rs 549 – Rs 577 per equity share. The IPO is a combination of a fresh issue of shares worth Rs 345 crore and an offer for sale (OFS) under which selling shareholders […]
Indian gold prices have rebounded sharply in recent days, tracking gains in global precious metals markets amid rising optimism over a possible solution to the US government shutdown. In just ten days, domestic gold prices have risen by nearly 7% or Rs 8,200 from the recent low of Rs 1,17,628 per 10 gram (recorded on […]
Legendary investor Warren Buffett has confirmed that he will step down as Berkshire Hathaway’s Chief Executive Officer at the end of this year, but clarified that he will retain a significant stake in the company’s “A” shares for now.The 95-year-old investing legend said in his annual Thanksgiving letter to shareholders that he plans to hold […]
In a heartfelt farewell note to Berkshire Hathaway shareholders dated Nov. 10, Warren Buffett, the Oracle of Omaha, announced that he will no longer write his iconic annual letters or address the company’s annual meetings. The legendary investor, now 95, reflected on his journey, from his early days in Omaha to the decades he spent […]