Rupee sees range-bound trade, rises 6 paise to 88.67 against US dollar
At the interbank foreign exchange market, the rupee opened at 88.79 against the US dollar, then touched 88.67, registering a gain of 6 paise from its previous close.
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Ather Energy Q2 losses cushioned by other income; HSBC cites a key risk
Ather’s market share increased 530 basis points on-year, aided by continued store expansion. The company now operates 524 experience centres compared to 446 in the previous quarter and aims to increase its store count to 700 by the end of…
CarTrade Tech confirms talks with Girnar Software for CarDekho and BikeDekho; Stock gains
The news confirms a CNBC-TV18 newsbreak that the deal is in advanced stages and is expected to be structured as a cash-and-stock transaction. While the final contours are still being negotiated, the valuation is likely to exceed CarDekho’s last reported…
Britannia shares may react to Varun Berry’s resignation as MD & CEO before term ending
Britannia has been in focus recently since the announcement that Rakshit Hargave will be the new CEO from December 15. Hargave quit Grasim’s Birla Opus over the weekend. He will also take charge as Managing Director from December 15.
Vodafone Idea shares in focus as losses narrow in Q2; Citi sees stock at ₹14
Brokerage firm Citi said the Supreme Court clarification on AGR dues could pave the way for the telco to complete its long-pending fundraise.
Q2 Results Live Updates: Bajaj Finance reacts to AUM guidance cut; Tata Power, RVNL report today
Q2 Results Live Updates: The final week of this quarter’s results season brings with it a fair share of action and today’s session promises to be no different. Stocks like Bajaj Finance, that cut its AUM growth guidance will be…
Emmvee Photovoltaic Power’s ₹2,900-crore IPO opens today: Should you subscribe?
A day before the IPO launch, Bengaluru-based Emmvee Photovoltaic raised ₹1,305 crore from anchor investors such as Abu Dhabi Investment Authority, Ashoka WhiteOak, Amundi Funds, Prudential Hong Kong, Eastspring Investments, BNP Paribas Funds, Societe Generale, Morgan Stanley, Goldman Sachs, Nomura…
Sensex Today | Stock Market LIVE Updates: Nifty futures hint at a positive start ahead of weekly expiry
Sensex Today | Stock Market LIVE Updates: Nifty has recovered nearly 300 points from last Friday’s lows but continues to face resistance at higher levels. The index fell over 70 points from the day’s high on Monday in the last…
Asian investors buoyed by plans to end US shutdown
Shares in Japan, South Korea and Australia all rose at the open. The S&P 500 rose 1.5% on Monday, and the Nasdaq 100 added 2.2%. The MSCI All Country World Index had its best day since late June and a…
Bajaj Finance shares in focus as AUM growth guidance cut after Q2 results
On expected lines, Bajaj Finance’s Net Interest Income (NII) increased by 22% from last year to ₹10,785 crore, while its Net Profit increased by 23.3% year-on-year to ₹4,948 crore.