Research Financial News

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

DocGo (DCGO) shares plunged after short seller Fuzzy Panda Research released a report on the company, telling investors it is short the stock as its problems go even deeper than the market realizes.

Terminologies defining diseases in ayurveda, unani and siddha systems of medicine have been included in the World Health Organization's International Classification of Diseases (ICD) 11th revision, the Ayush ministry said on Wednesday. This will lead to global uniformity in ayurveda, unani and siddha medicines as a code for defining diseases.

Demat account would be like carrying around gold coins in a paper bag – inconvenient and prone to risk. With a Demat account, you enjoy: Convenience: Buy, sell, and hold shares electronically from the comfort of your home. Safety: Your investments are securely stored and insured against theft or loss.

Redburn analysts cut the rating on Apple (NASDAQ:AAPL) stock to Neutral with a price target of $200 per share price target.

HIBOX Company, a distinguished player in e-commerce specializing in handpicked mystery box offerings, has announced plans for a substantial $50 million funding round. This strategic move aims to advance their innovative product range and broaden their market footprint. Known for their unwavering commitment to innovation and immersive online shopping experiences, HIBOX has been a leader in the mystery box e-commerce sector since its inception.

₹71,000 crore to China, the ED alleged. Several arrests have been made and a court room drama is expected soon. We will return to the charges in a bit.

Right around the start of November, two words suddenly disappeared from the chatter in the bond market: debt supply. As bond prices surged across the developed world day after day, sending yields tumbling and handing investors some much-needed profits, the angst about soaring budget deficits melted away.

Modern Monetary Theory (MMT) was the panacea for all economic ills. Now there's hardly a murmur.

The Indian rupee recouped early losses to end higher for a sixth consecutive session on likely foreign inflows.The rupee settled at 83.0350 against the U.S. dollar, its highest closing level since Dec. 15, against its close of 83.1150 in the previous session.The local unit opened lower and hit an intraday low of 83.18 earlier in the day, before rising to an over three-week high of 82.98 in the session.

The life insurance sector reported a growth of 8.7% in annualised premium equivalent (APE) for December, with the private players turning in a good show with a rise of 11.4% in retail policies.

Surgeon General Dr. Vivek Murthy has been nominated once again by President Joe Biden to serve as the US's representative on the executive board of the World Health Organisation. The 46-year-old physician's nomination was re-sent as his confirmation to the position had been pending in the Senate since October 2022. He was confirmed by the US Senate in March 2021 to serve as the 21st Surgeon General of the country. He previously served as the 19th Surgeon General under President Barack Obama.

Budget 2024: Speaking at an event by industry chamber CII a month ago, Finance Minister Nirmala Sitharaman casually remarked that the upcoming Interim Budget might not have any «spectacular» announcements. If you also consider the BJP's recent victories in three big states which are seen to have placed the party on a strong footing for the Lok Sabha elections in May, you can assume that the Interim Budget, to be presented on February 1, will be shorn of any grand populist schemes that require hefty financial support. Catch our full Budget 2024 coverage here The BJP-led NDA government at the Centre, however, may not let the opportunity a pre-election budget presents go waste.

Wodehouse Capital Advisors, a mid-market investment bank, has introduced the W.I.N. Strategy, an innovative investment solution tailored specifically for high-earning professionals, business families, and celebrities. 

Mint that the Adani group is exploring business opportunities and investment in the Baltic country, with both sides set to take forward the conversations at the Vibrant Gujarat summit. “In Vibrant Gujarat, we're going to meet the Adani group. I understand they have taken notice of Estonia and we are trying to take this conversation forward right right.

HCL Technologies rose over 3% to Rs 1,507.2 in Wednesday trade on BSE ahead of its third-quarter results due on Friday, January 12. Meanwhile, a total of 25,75,833 equity shares worth Rs 383.6 crore also changed hands in Wednesday's trade. At 12:05 pm, the scrip was trading 2% higher at Rs 1,490 on BSE. The stock has also surged 33% in the past six months, while it has rallied 40% in the last year. In Q2 FY24, HCL Technologies reported 10% growth in its consolidated net profit at Rs 3,832 crore. The same stood at Rs 3,489 crore in the last year period. Its revenue from operations during the period rose 8% to Rs 26,672 crore against Rs 24,686 crore in the same period last year. In Q2, in constant currency terms, revenue was up 1% sequentially and 3% year-on-year (YoY). Segment-wise, services revenue rose 3% (CC), while digital revenue was up 4%. Here's what brokerages expect from HCL Technologies' Q3 results:

Alipov has claimed that the scope of extensive cooperation in defence remains unprecedented– offering a wide range of combat-tested military hardware and a full transfer of technology. “we are working on joint development and manufacturing of the most sophisticated systems, ensuring a significant contribution to the “Make in India” and “Self-reliant India” initiatives,” Alipov said at a session earlier this week in New Delhi at VIF-Valdai Club.

Infibeam Avenues share price jumped over 6% to touch a 52-week high following the announcement that it had inked a ₹2,000 crore Memorandum of Understanding (MOU) with the Gujarat government at the Vibrant Gujarat Global Summit 2024. Infibeam Avenues share price today opened at ₹24.38 apiece on BSE.

Life Insurance Corporation of India (LIC) has increased its stake in Navin Fluorine International, one of the largest Indian manufacturers of speciality fluorochemicals, by about 0.24% through open market. The insurance behemoth disclosed in a regulatory filing on Tuesday that it bought 1.21 lakh shares of Navin Fluorine International on January 08 at an average price of ₹3,630.39 apiece. As a result of this transaction, LIC's overall stake in Navin Fluorine International crossed over 5%, reaching 5.04%.