Global shares rose on Monday, but skimmed six-week lows, after another round of data last week forced investors to prepare for higher interest rates in the United States and Europe and there could be more figures to underpin that argument this week. US manufacturing and services data, as well as a raft of euro zone […]
The domestic indices are likely to open in the red, as hinted by the SGX Nifty on Friday. Nifty futures are trading at 17,061.5, lower by 22 points on the Singaporean exchange. On Thursday, the markets snapped a two-day gaining streak, as Nifty gave up the 17,100 level, closing lower by 0.44% at 17,076.9. Sensex […]
Hours after unveiling the first look of the China-exclusive OnePlus Ace 3, OnePlus has revealed the colour options of the India-bound OnePlus 12R model too. For those wondering, the Ace 3 and 12R are same phones with different names. The former will be sold only in China (and presumably launch earlier). The latter in global […]
The Securities and Exchange Board of India (Sebi) has asked Oravel Stays, the parent company of travel tech firm Oyo, to refile the draft papers for its initial public offering (IPO) with applicable updates and revisions. The offer document was returned to the company with the said advisory on December 30, according to an update […]
Major global stock markets were mostly lower Thursday amid worries about more US interest rate hikes. London, Shanghai and Frankfurt declined. Tokyo advanced. Oil prices were lower. Investors worry the Fed and other central banks look increasingly likely to tip the global economy into at least a brief recession to extinguish stubborn inflation. US inflation […]
The Congress is all set to kickstart its campaign for the 2024 Lok Sabha elections with its mega rally ‘Hain Tayyar Hum’ to be held in Maharashtra’s Nagpur city on Thursday, the party’s 139th foundation day. Congress’s rally in Nagpur holds significance as it is the city with which the grand-old party has historical links. […]
As KFin Technologies IPO opened for subscription this week, analysts draw comparisons with its competitor Computer Age Management Services (CAMS), which got listed two years ago. Which of the two stocks is a better bet for short term and long term investors? Both companies share a similar business model: providing services and solutions to AMCs […]
Devyani International Ltd’s Q3 revenues and Ebitda were broadly inline with our modest estimates. KFC same store growth (SSG) was muted at 3%, with Pizza Hut (PH) worse at (-6%). ADS was impacted by weak demand, dilution due to new store adds & downtrading. Gross margins declined to a multi-quarter low. Store adds guidance unchanged […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open on a positive note, as Nifty futures traded 46.5 points higher at 18,405 on the Singaporean exchange. Nifty and Sensex closed Wednesday’s session in the green territory despite unfavorable global cues. The NSE Nifty 50 rose 0.27% to 18,315.1 and […]
A formal request has been sent by the Indian government to Pakistan to extradite Hafiz Saeed, the founder of Lashkar-e-Taiba (LeT) and mastermind behind the 26/11 Mumbai attacks According to sources, the formal request has been sent by the Ministry of External Affairs to the government of Pakistan in which it has urged them to […]
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