European Markets’ Mixed Reaction Towards US Debt Ceiling Uncertainty
European Stock Markets slid amongst the US debt Ceiling uncertainty and ahead of the release of the final eurozone inflation figures for April. Europe’s region-wide...
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LIC’s New Business Premium Falls 50% After Tax Rule Changes
New business premiums (NBP) of Life Insurance Corporation of India (LIC) fell 50.41% YoY to Rs 5,810.1 crore in April 2023 due to a sharp...
Adani Ports Posts Record-Breaking Rail Cargo of Over 120 Million Tonnes in FY23
Adani Group’s Flagship Company, Adani Ports and Special Economic Zone (APSEZ) announced that it has set a new record for handling the highest-ever rail cargo...
Amber Enterprises Shares Up On 82% on Q4 Net Profit, ROCE 15%
Shares of the contract manufacturer of air conditioners Amber Enterprises soared more than 12% on May 17 after the air conditioner contract maker said its...
V-Mart Retail Shares Fall 5% After Q4 Loss Widens to Rs 37 Crore
Shares of V-Mart Retail fell 4.9% to Rs 2,001.60 in morning trade on May 17 after the value fashion retailer reported a wider loss of...
Kaynes Soars 19% on Strong Q4 Results, Shares Up 102% from IPO Price
Shares of Kaynes Technologies India hit an all-time high of Rs 1,185 in intraday trade on Wednesday, surging 19% on the BSE after the company...
IBM Confirms Acquisition of Polar Security, Reportedly for $60 Million
IBM has officially announced its acquisition of Polar Security, a pioneering provider of automated cloud data security and compliance solutions. While the financial details were...
Redington Shares Fall 6% as Q4 Net Profit Falls, Margins Weaken
Reddington shares tumbled more than 6% in early trading on May 17 as investors shunned the stock before the company reported a drop in fourth-quarter...
Vodafone Idea Shares Fall 2% After UK Parent Values its India Investment at Zero
Shares of Vodafone Idea Ltd (VIL) fell more than 2% on May 17 after British multinational parent company Vodafone Plc said its investment in the...
LIC Housing Finance Shares Fall 6% After Lacklustre Q4 Results
Shares of LIC Housing Finance fell 6% in early trading the day after the company reported lacklustre fourth-quarter results. At 10:39 am on May 17,...