Latest Updates Around The World
U.S. Treasury yields were slightly lower on Tuesday as the market was in a holding pattern and consolidated moves as investors awaited the Federal Reserve’s interest rate decision expected on Wednesday. U.S. data showing private payrolls rose by an average of 14,250 jobs in the four weeks ended Oct. 11 have put modest pressure on […]
After a trading glitch forced the country’s largest commodity derivatives exchange to postpone market opening and shift operations to the Disaster Recovery (DR) location, MCX said an investigation had been initiated to determine the root cause of the problem and corrective measures would be implemented on a priority basis. “We are committed to identifying the […]
Adani Total Gas Ltd, the city gas joint venture between Adani Group and France’s TotalEnergies, on Tuesday reported a 9 percent decline in net profit for the September quarter due to a rise in input gas prices. Net profit stood at Rs 162 crore in July-September – the second quarter of fiscal 2025-26 – compared […]
Emirates NBD, Dubai’s largest banking group, has announced an open offer to acquire up to 26% of RBL Bank at Rs 280 per share, valuing the deal at Rs 11,636 crore. The open offer, made in accordance with Sebi rules, follows the bank’s plan to acquire a majority stake in RBL Bank through a preferential […]
Microsoft and OpenAI said Tuesday they had reached an agreement to allow the ChatGPT maker to restructure itself into a public benefit company, valuing OpenAI at $500 billion and paving the way for it to become a publicly traded company. Microsoft is said to have a stake of about $135 billion – or 27% – […]
Apple surpassed $4 trillion in market value for the first time on Tuesday, the third Big Tech company to reach the milestone, as robust demand for its latest iPhone models eased fears about slow progress in the AI ​​race. Shares of Apple have risen about 13% since the new launches on September 9, in a […]
On Tuesday, the benchmark Sensex fell by around 150 points to settle at 84,628. Despite broader market weakness, six stocks from the BSE PSU Bank Index hit their highest levels in 52 weeks, hitting their highest levels in the past year. Traders and investors often view such breakouts as bullish signals, indicating strong upward momentum […]
Adani Green more than doubled its profit in the second quarter to Rs 583 crore. Operating profit rose 111% from Rs 276 crore in the last quarter. However, total income during the quarter fell 4% year-on-year to Rs 3,249 crore. Revenue from power supply, which contributes significantly to total income, up 20% on an annual […]
The Indian market ended lower on Tuesday as broad profit-taking dragged the Sensex and Nifty lower, offsetting strength in public sector metals and banking stocks. Consumer and IT stocks led the decline, while metal stocks rose on optimism over a possible US-China trade deal, and PSU banks advanced on reports that the government may raise […]
Gurgaon-based real estate developer Signature Global has raised Rs 875 crore through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), the World Bank’s lender. The company has used over 50% of the fund to pay off existing debt, while the balance is being used to acquire land at Sohna in […]
