Reports Financial News

23.01 / 13:01
markets WhatsApp Moodys performer 2020 reports Rupee weakest performing currency in Southeast Asia: Moody's
These companies are the three oil refining and marketing companies (OMCs), Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOCL), building materials producer UltraTech Cement, Bharti Airtel and ride sharing company ANI Technologies Pvt Ltd.
23.01 / 13:01
markets UPS Mobile NVIDIA electronic reports Nvidia impact: World's second-biggest memory chipmaker from South Korea reports over 8 trillion won profit
SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high-bandwidth memory (HBM) used in generative artificial intelligence chipsets, as per a report.
23.01 / 13:01
markets Digital Strategy Experts PAM stage reports ChatGPT down for thousands of users
Tech giant OpenAI’s AI chatbot ChatGPT was hit by a global outage on Thursday, with thousands of users reporting trouble accessing the application and the website.
23.01 / 12:37
markets Analysis Adidas trends Trade Puma reports Puma shares plunge 18% after sales and profit miss
The weak results late on Wednesday came after Adidas reported strong sales and profitability, highlighting the work Puma still faces to boost its brand and take a bigger slice of the $400 billion global sportswear market.
23.01 / 12:15
markets Citi Manufacturing Matrix social reports Nagpur, Jaipur, Lucknow top 3 cities on basis of physical, social infra: Colliers report
Nagpur, Jaipur and Lucknow are the top three emerging cities in India based on four parameters, including physical and social infrastructure as well as real estate scenario, according to a report by Colliers. Real estate consultant Colliers India has conducted a comprehensive parameter-based analysis matrix to evaluate the growth drivers of emerging cities. This matrix was developed using four key parameters: physical infrastructure; social infrastructure; demographic growth & economic development; and real estate dynamics.
23.01 / 12:15
markets Google CEO Strategy Doge reports Department How long can Elon Musk last in Trump's circle after Vivek Ramaswamy's DOGE exit?
Department of Government Efficiency (DOGE) just 69 days after being appointed. The move comes after mounting pressure from key Republican figures and Elon Musk himself, who reportedly grew frustrated with Ramaswamy's recent public remarks.
23.01 / 12:13
UPS Platform Software wellness Bill reports How Oracle plays cheaply in AI
Subscribe to enjoy similar stories. When it comes to big techs, Oracle is hardly small-fry. But the 47-year-old software titan still has to play its hand deftly when it comes to the ultra-expensive game of artificial intelligence.
23.01 / 11:47
UPS WhatsApp reports Dr Reddy's Labs Q3 Results: Cons PAT rises 2% YoY to Rs 1,413 crore, revenue up 16%
Dr Reddy's Laboratories on Thursday reported a 2% year-on-year growth in its December quarter consolidated net profit at Rs 1,413 crore versus Rs 1,379 crore posted in the year ago period. The Q3FY25 revenue from operations stood at Rs 8,359 crore which was up by 16% over Rs 7215 in the corresponding quarter of the previous financial year. The profit after tax (PAT) is attributable to the equity holders of the company.
23.01 / 11:35
markets UPS Booking wellness Trade reports rights Keep cash in hand and wait for a further correction or deploy in certain pockets? Ajay Vora explains
Ajay Vora, Executive Vice President and Head — Equities, Nuvama Asset Management, says a consolidation phase is happening. If you're looking to invest, focus on areas where growth forecasts are improving and visibility is increasing. For example, banks are currently in a value phase, but investing in them requires a longer-term perspective. Your investment strategy will guide your choices, but there are good opportunities available in the market. What to make of this weakness in some of the financials? Everyone says the valuation is comfortable and the worse with respect to asset quality is perhaps over. The competition from MFI, etc, also has come down. Then why are people still not interested in buying some of these financials afresh? Ajay Vora: It is clearly the lack of growth. If you look at the largest private sector bank which reported the numbers, the NII growth was less than 10%, the PAT growth was around 2%. Until the time we do not get clarity on the growth, valuations may look cheap but I think that is clearly not the reason for someone to get in unless and until we get more clarity on the growth coming in the next few quarters.
23.01 / 11:15
markets UPS Manufacturing Strategy PAM reports Infra.Market raises $121 million in pre-IPO funding, valuing the B2B startup at $2.8 billion
Infra.Market has raised Rs 1,050 crore ($127.3 million) in its pre-IPO funding round as it gears up for a stock market listing later this year, according to a regulatory filing with the Registrar of Companies.
23.01 / 10:57
markets UPS Target Digital Strategy beautiful reports Why is small so big for Indian consumer companies?
FMCG) company, Hindustan Unilever Limited (HUL) is buying a 90.5% stake in beauty brand Minimalist for Rs 2,955 crore through secondary buyouts and primary infusion. The remaining 9.5% will be acquired from the founders — Mohit and Rahul Yadav — within two years. Started in 2018, multi-channel retailer Minimalist offers a range of skin, body and hair products.
23.01 / 09:25
markets Analysis Trade Puma Experts reports European stocks little changed as investors assess mixed earnings
shares were flat on Thursday, hovering below a record high touched in the previous session, as a drop in technology shares offset gains in telecom and utilities, while investors assessed a mixed set of corporate earnings. The pan-European STOXX 600 was little changed as of 0825 GMT. The benchmark hit an all-time intraday high on Wednesday.
23.01 / 09:25
markets Compilation Analysis Hyundai Trade Experts reports Hyundai Motor Q4 Results: Profit falls 17% as discounts weigh
promotions in a slowing car market. Hyundai, which together with affiliate Kia is the world's third-biggest automaker by sales, reported operating profit of 2.8 trillion won ($1.95 billion) for October-December, compared with 3.4 trillion won in the same period a year earlier.
23.01 / 09:25
markets UPS Target Analysis Trade Experts reports IREDA board approves fundraising of up to Rs 5,000 crore via QIP
Indian Renewable Energy Development Agency (IREDA) on Thursday said that its board of directors, in its meeting on January 23, has approved fundraising of up to Rs 5,000 crore in a fresh equity share issue through a Qualified Institutional Placement (QIP). The company disclosed this development in an exchange filing. IREDA shares were trading 1.5% lower at Rs 197.20 on the BSE following the announcement. The stock has seen significant fluctuations, declining nearly 27% over the past six months but gaining over 32% in the last 12 months.
23.01 / 08:59
Citi Waters CEO reports Lords committee to publish report into FCA name and shame 'shortly'
FCA CEO Nikhil Rathi and FCA chair Ashley Alder faced the committee's questions on areas ranging from motor finance commissions to staff expertise, to its secondary growth objective and name and shame criticism. Rathi and Alder were grilled on whether they would have approached unpopular name and shame proposals differently with the benefit of hindsight. FCA's plan to axe Consumer Duty board champions 'questionable' Under pressure from business and former city minister Tulip Siddiq (since replaced by Emma Reynolds), the FCA watered down some of its name and shame plans late last ye...
23.01 / 08:53
COST UPS economy Trade reports Japan's exports hit record high, but trade deficit continues
Japan saw record-high exports last year, as its annual trade deficit declined 44% from the previous year
23.01 / 08:53
wellness Trade President reports Relationships Sporting Saudi crown prince says kingdom intends to invest $600 billion in US during call with Trump
Saudi Arabia’s crown prince says the kingdom wants to invest $600 billion in the United States over the next four years, comments that came after President Donald Trump mused about returning to the kingdom as his first foreign trip
23.01 / 06:05
markets Digital Platform Strategy Deloitte social reports budget 2025 Can Budget 2025 safeguard kirana stores from the quick commerce boom?
India Budget: The rise of quick commerce platforms in India is altering the traditional retail landscape. According to industry reports, these platforms, including Zepto and Blinkit, have grown at a compound annual growth rate (CAGR) of 25 percent.

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