Latest Updates Around The World
IIFL Finance plans a retail bond issue of Rs 2,000 crore next week to support business growth that has more than doubled in a year, supported by a rise in gold jewelery lending.The bonds will be issued over multiple maturities, with terms ranging from 24 months to 60 months. These instruments are likely to yield […]
U.S. retail sales showed no growth in December, missing analyst expectations amid heightened scrutiny of the appetite of the U.S. consumer – a key driver of the world’s largest economy, according to delayed government data released on Tuesday.Total sales remained stable monthly at $735 billion, Commerce Department data showed. This was less than the growth […]
Retail investors bought software and technology stocks after last week’s heavy sell-off, largely brushing aside concerns that advances in artificial intelligence models could upend parts of the sector.Net inflows into BlackRock’s iShares Expanded Tech-Software Sector exchange-traded fund reached a record $176 million over a rolling one-month period as of Monday’s close, according to data compiled […]
Grasim Industries Ltd, the flagship holding company of Aditya Birla Group, on Tuesday reported a 28.76 per cent rise in consolidated net profit to Rs 2,232.95 crore for the December quarter of FY’26, led by good performance across businesses.The company had posted a net profit of Rs 1,734.16 crore in the October-December quarter a year […]
S&P Global forecast 2026 earnings Tuesday below Wall Street expectations, with rising investor unease over the AI-driven disruption sweeping through the software and services sectors pushing shares to their lowest levels in more than two years.The company is grouped within the broader software and services sector because its core businesses, which include providing financial data, […]
Indian benchmark indices closed higher for a third straight session on Tuesday, supported by broad-based buying, with auto and metal stocks leading the gains. The Nifty settled at 25,935.15, up 67.85 points, or 0.26%, while the BSE Sensex rose 208.17 points, or 0.25%, to end at 84,273.92.Meanwhile, the volatility gauge India VIX ended at 11.67, […]
India’s largest hospital chain Apollo Hospitals reported a 35% rise in third-quarter net profit to Rs 502 crore compared to the same period last year, while consolidated revenue grew 17% year-on-year to Rs 6,477 crore. EBITDA grew 27% to Rs 965 crore, the company said in a filing with the stock exchanges on Wednesday.The company’s […]
Managed workplace solutions provider IndiQube Spaces Ltd reported a sharp rise in profitability in the December quarter, with profit after tax (PAT) rising 214% year-on-year to ₹40 crore, driven by strong corporate demand, rising occupancy and expansion into new markets.The company also posted its highest ever quarterly revenue of ₹395 crore in the third quarter […]
The government will sell 3% stake, representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL), through an offer for sale (OFS). The PSU has fixed the floor price at Rs 254 per share.The government has also retained an over-subscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which would […]
FMCG major Britannia Industries reported a 17% year-on-year increase in December quarter consolidated net profit at Rs 680 crore, compared to Rs 582 crore reported in the same period a year ago. The profit after tax (PAT) accrues to the owners of the company.Operating income from operations stood at Rs 4,970 crore in Q3FY26, up […]
