Latest Updates Around The World
Investors will be watching quarterly earnings from the major banks next week to gauge the health of the U.S. economy as the federal government shutdown has interrupted the flow of new data. Major U.S. stock indexes fell on Friday, halting market momentum after comments from President Donald Trump heightened trade tensions with China. Stocks ended […]
A months-long lull on Wall Street begins Friday, and U.S. stocks tumble after President Donald Trump threatened to raise tariffs on China even further. The S&P 500 fell 1.5% and was on track for its biggest loss since August 1. The Dow Jones Industrial Average was down 456 points, or 1%, as of 11:35 a.m. […]
Zerodha’s youngest account holder is a 64-day-old baby, founder and CEO Nithin Kamath said in a tweet while sharing a video of a few parents talking about how they plan for their children’s financial future. “I can keep telling Gyan that you should start investing for your kids early, but nothing beats hearing from parents […]
The board of directors of Computer Age Management Services (CAMS) approved a 1:5 stock split on Friday. The company will announce the registration date at a later date to determine investor eligibility. A stock split is a corporate action in which a company divides its existing shares into several new shares to increase the number […]
Shares of Levi Strauss & Co fell about 9% on Friday as investors focused on the denim maker’s warning of a tariff-related hit to fourth-quarter margins while overlooking a higher annual profit forecast. The margin hit forecast highlights the impact of the Trump administration’s changing trade policies on consumer-facing businesses, especially those with suppliers in […]
Markets regulator Securities and Exchange Board of India (Sebi) has streamlined the penalty framework for stockbrokers, scrapping 40 violations and reclassifying fines for 105 violations as ‘financial disincentives’. The revised framework now provides for sanctions for 90 violations. The decision to reclassify 105 violations as “financial barriers” is intended to remove the stigma associated with […]
India’s largest IT services company, Tata Consultancy Services (TCS), is making a major pivot towards artificial intelligence (AI) and digital infrastructure, with plans to invest $5 billion to $6 billion in building data centers and AI capabilities over the next few years. The company aims to transform itself into the world’s largest AI-led technology services […]
Even as foreign institutional investors (FIIs) flood Indian IPOs with billion-dollar bids, they don’t really make much money, says Samir Arora, founder and fund manager at Helios Capital Management. In a post on “It is pertinent to point out that when the FII quota is oversubscribed by a hundred times in an IPO, FII investors […]
Top investor and entrepreneur Mukul Agrawal has increased his stake in Monolithic India from 2.30% to 2.76%, with the stock surging almost 200% in just 44 days since listing. The move, revealed in the latest stock market data, comes as part of a broader portfolio reshuffle that also saw Agrawal exit Raghav Productivity Enhancers Ltd, […]
Shares of Vijay Kedia-backed TAC Infosec Ltd rose 5% to the day’s high of Rs 1,315 on the NSE on Friday, October 10, after the cybersecurity company announced a one-for-one bonus issue of fully paid shares of Rs 10 each. The company said the decision followed shareholder approval at its ninth annual general meeting on […]
