Dow Jones surges 600 points to reclaim all of Friday’s losses as dip buyers return
The Dow Jones gained 585 points, recovering all of Friday’s losses, while the S&P 500 snapped a four-day losing streak and saw its biggest single-day gain since May.
Uncategorized
IRDAI slaps ₹5 crore penalty on Policybazaar for regulatory violations
Exercising its powers under Section 102 of the Insurance Act, 1938, IRDAI also issued a direction, advisory, and caution to the company. The regulator’s order pointed to multiple regulatory lapses that warranted penal action. Shares of PB Fintech Ltd ended…
Indian drugmakers face uncertainty as Trump threatens steep tariffs and price cuts
Speaking to reporters before boarding Air Force One in Allentown, Pennsylvania, Trump said, “We’ve cut drug prices by 1,200%, 1,300%, 1,400%, 1,500%. I don’t mean 50%. I mean 1,400%, 1,500%, because we’re going to favoured nations. We want the same price…
Stocks to Watch: DLF, LTIMindtree, Sona BLW, Kaynes Technology and more
Stocks to watch, DLF, LTIMindtree, Paytm, Sona BLW, Aurobindo Pharma, Kaynes Technology, Delta Corp, BEML, Tata Motors and more, these are the stocks to watch for tomorrow.
Tata Capital files updated DRHP for IPO of up to 47.58 crore shares
The offer includes a fresh issue of up to 21 crore equity shares of face value ₹10 each and an offer for sale (OFS) of up to 26.58 crore shares by existing shareholders.
GIFT Nifty declines as Trump threatens higher tariffs on India over Russian oil trade
GIFT Nifty is an early indicator of how the Nifty 50 index could open, based on trading in the GIFT City-based exchange in Gujarat.
Kaynes Technology subsidiary signs ₹4,995 crore investment MoU with Tamil Nadu government
The investment is aimed at establishing new manufacturing facilities, including greenfield projects and capacity expansions within the state. Shares of Kaynes Technology India Ltd ended at ₹6,297.00, down by ₹73.40, or 1.15%, on the BSE.
Delta Corp Q1 Results | Gaming company’s profit surges 36%, margins shrink
The company said in the June quarter, its other expenditure rose by 21% YoY to ₹60.2 crore, mainly because of higher litigation costs in relation to the ongoing GST litigation before the Supreme Court. Shares of Delta Corp closed at…
BEML secures ₹282-crore defence order for high mobility vehicles
BEML, headquartered in Bengaluru, is a key manufacturer of earthmoving, rail, transport, and mining equipment. Shares of BEML Ltd ended at ₹3,987.35, up by ₹139 or 3.61%, on the BSE today (August 4).
Bosch Q1 results: Profit soars aided by divestment gains, revenue up 11% YoY
Bosch Ltd’s Q1 net profit rose to ₹1,115 crore, lifted by strong auto sector demand and a ₹556 crore gain from its Building Technologies divestment amid robust operating performance.