Oil steadies after drop as traders weigh Trump’s tariff threat
Brent traded below $68 a barrel after losing almost 8% over four sessions, while West Texas Intermediate was near $65.
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NSDL IPO Listing Live Updates: Depository service provider debuts today after 41x subscription
NSDL IPO Listing Live Updates: Shares of National Securities Depository Ltd. will be making their stock market debut on Wednesday, August 6, which will make it the second depository service provider to be listed on the exchanges after its peer…
Trent Q1 Results: Stock up 6% in three sessions ahead of earnings; margins may narrow
Trent’s historical five year Compounded Annual Growth Rate (CAGR) has been 35%, while the management, at an analyst meet mentioned that a 25% revenue CAGR would be sustainable. The stock, post this statement, had declined 12%.
S&P 500, Nasdaq fall more than the Dow on weak economic data, impending tariffs
In an interview to CNBC, US President Donald Trump said that tariffs on pharmaceuticals and semiconductors, which have been under investigation under Section 232, will be announced sometime next week.
Stock Crash: Server maker shares plunge 16% after weak results, disappointing guidance
Super Micro recently avoided being delisted from the Nasdaq after it fell behind its deadline to report financial statements and the abrupt exit of its auditor.
AMD’s China concerns overshadow upbeat sales forecast for AI
Despite the uncertainties, AMD’s third-quarter revenue forecast easily cleared analysts’ estimates. The sales will be about $8.7 billion, the company said, compared with an average projection of $8.37 billion.
Adani Infrastructure acquires 34.41% stake in PSP Projects, joins as promoter with joint control
As part of the mandatory open offer, Adani Infrastructure acquired 44,86,193 equity shares (11.32% of PSP Projects’ paid-up capital) from public shareholders. Additionally, it purchased 91,53,779 shares (23.09%) from Patel as per the SPA. Shares of PSP Projects Ltd ended…
SEBI issues guidelines for MIIs to review penalty waiver requests
Under the new guidelines, if the action was taken by the Internal Committee (IC) or based on a pre-approved policy of the MII, then the Member Committee (MC) will still handle the review, appeal, or waiver requests, Sebi said in…
CNBC-TV18 Exclusive | PB Fintech acquires Pensionbazaar.com, say sources
The acquisition will make Pensionbazaar a wholly owned subsidiary of PB Fintech, marking the company’s formal entry into the pension product distribution segment.
Stocks to Watch: Bharti Airtel, Lupin, Torrent Power, PB Fintech and more
Earnings remain in focus with Bharti Airtel posting a sharp 46% QoQ dip in profit despite revenue beat, while Lupin and Gland Pharma impressed with strong YoY growth in profits and margins. Torrent Power and NCC reported weak numbers with…