Latest Updates Around The World
Nebius Group reported a sharp increase in quarterly capital expenditures on Thursday, driven by purchases of artificial intelligence processors and growing investments in data centers, as the AI cloud company races to secure capacity to meet rising demand.The Amsterdam-based company, which counts tech giants Microsoft and Meta among its customers, said it would continue to […]
Budget carrier SpiceJet reported a consolidated net loss of Rs 261.38 crore in the quarter ended December, compared to a net profit of Rs 20.43 crore in the same period a year ago. The profit after tax (PAT) accrues to the owners of the holding company.The company said in a stock exchange filing that it […]
India’s central bank said on Thursday the government has bought back bonds maturing in the next fiscal year and issued longer-dated securities due 2040 as part of a switching exercise.The government bought back 755.04 billion rupees ($8.34 billion) of four securities maturing in the 2026-27 financial year from the Reserve Bank of India and in […]
Nifty ended with cuts on Thursday led by massive selling pressure on IT stocks. It was the second loss in a row as the index remained under selling pressure after a weak open.Commenting on the day’s action, Rupak De, senior technical analyst at LKP Securities, said the selling momentum was not strong, resulting in a […]
State-owned Coal India on Thursday reported a 16% year-on-year decline in its consolidated net profit at Rs 7,166 crore in the third quarter. The company has declared the third interim dividend of Rs 5.5 per share for the financial year 2026. The record date for the said dividend is set as February 18 and the […]
The National Stock Exchange of India said on Thursday it has appointed Rothschild & Co as an independent adviser to oversee the much-anticipated initial public offering.Rothschild will help select lead bankers, legal advisors and other intermediaries for the IPO, NSE said in a statement. Rothschild will also ensure information parity, consistent communication with stakeholders and […]
Honasa Consumer on Thursday reported a 93% rise in December quarter consolidated net profit at Rs 50 crore, compared to Rs 26 crore posted by the Mamaearth parent in the same period a year ago. The profit after tax (PAT) is attributable to the owners of the company. Operating income from operations stood at Rs […]
Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]
Indian equity benchmarks continued to trade within a narrow range while the Nifty struggled to maintain momentum around the 26,000-point mark, pressured by weakness in the IT sector and spells of profit booking. Market participants are increasingly focusing on key technical levels as the index attempts to consolidate after recent gains.Speaking to ET Now, Rajesh […]
India’s Electronics Manufacturing Services (EMS) sector posted a stellar 30% revenue growth in the third quarter, with contract manufacturers Amber and Syrma significantly outperforming expectations, as the sector shifts to higher-margin industrial and automotive segments, said Praveen Sahay, Lead Research Analyst at PL Capital, speaking to ET Now.Industry snapshot: Q3 2026 Avg. turnover growth: 30% […]
