Latest Updates Around The World
Pharma giant Cipla on Thursday reported 4% year-on-year (year-on-year) growth in its consolidated net profit at Rs 1,351 crore, while revenue from operations rose 8% year-on-year to Rs 7,589 crore. Second quarter EBITDA improved by a marginal 0.5% year-on-year to Rs 1,895 crore. The margins were 25%. Segment-wise, the Indian business generated Rs 3,146 crore, […]
As global trade tensions continue to shape investor sentiment, market experts are keeping a close eye on the prospects for a tariff settlement between India and the United States. According to Mihir Vora, managing director and CIO of Trust Mutual Fund, such a resolution should be seen as a necessary step and not an unexpected […]
Lenskart Solutions is all set to make its stock market debut, with its initial public offering (IPO) opening for public subscription tomorrow, October 31. In gray market trading, the IPO premium has fallen sharply, from 27% just a few days ago to around 11.9%, based on the issue price of Rs 402 per share. While […]
The euphoria in the headline masks an uncomfortable truth: this rally is a party with a selective guest list. While the Sensex and Nifty have already hit 52-week highs, the broader market is lagging behind, leaving both retail and institutional investors grappling with FOMO as their portfolios fail to reflect the boom. The BSE Smallcap […]
Today, October 30, is the last trading day for investors to purchase shares of several companies, including Coforge and Laurus Labs, to qualify for their upcoming dividend payments. The ex-dividend date of these companies falls on October 31, meaning shareholders of record as of today are eligible to receive the announced interim dividends. Coforge has […]
Online brokerage Groww will kick off one of the most anticipated public releases of the year in the first week of November. The issue opens for public subscription on November 4 and closes on November 7. The price range will be announced later today, marking the formal start of its journey to the public markets. […]
U.S. stocks fell sharply on Wednesday after Federal Reserve Chairman Jerome Powell said a rate cut in December was not a foregone conclusion. “A rate cut in December is not a foregone conclusion. On the contrary,” Powell said at a news conference shortly after the Fed announced a 25 basis point rate cut as a […]
The US Federal Reserve cut interest rates on Wednesday, cutting the Fed Funds rate by 25 basis points to 3.75%-4%. This is the second consecutive rate cut this year, as policymakers look to support growth amid signs of a weakening labor market. The decision was in line with market expectations as traders had fully priced […]
Adidas’ CEO said Wednesday that “nervous” retailers in the United States were pre-ordering fewer products as they waited to see the full impact of President Donald Trump’s tariffs on American shoppers. He also flagged widespread discounting, a sign of uncertainty among retailers and consumers. Adidas’ third-quarter sales, hit by a weak dollar, fell 5% in […]
Business services provider Quess Corp on Wednesday reported its September second quarter (Q2FY26) results, with revenue rising 3% year-on-year to ₹3,832 crore with an EBIDTA margin of 2%, up 13 basis points year-on-year. Group CEO Guruprasad Srinivasan said the company’s EBITDA was the highest ever at ₹77 crore, up 11% YoY and revenues were at […]
