Show Financial News
16.10 / 08:33
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Share price of Divis Labs falls as Sensex drops 293.37 points
<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. dropped 0.29 per cent to Rs 6089.55 at 01:39PM (IST) in Wednesday's trade. The stock hit a high of Rs 6141.1 and low of Rs 6055.3 so far during the session. The stock had closed at Rs 6107.35 in the previous session. The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 3.51 crore on BSE. The stock traded at a price-to-earnings multiple of 96.49 and a price-to-book ratio of 6.71.
16.10 / 08:33
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Share price of LTIMindtree falls as Sensex drops 268.61 points
LTIMindtree Ltd. dropped 1.32 per cent to Rs 6374.25 at 01:49PM (IST) in Wednesday's trade. The scrip hit a high of Rs 6459.6 and low of Rs 6344.0 so far during the session. The stock had closed at Rs 6459.6 in the previous session. The counter had a total traded volume of 01:49PM shares so far with a turnover of Rs 1.39 crore on BSE. The stock traded at a price-to-earnings multiple of 41.32 and a price-to-book ratio of 7.3.
16.10 / 07:35
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IPO
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Alibaba, Baidu invest in Chinese smart-driving tech company's near $700 mn IPO
Subscribe to enjoy similar stories. Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by a Chinese smart-driving firm, indicating rising demand for assets in the rapidly growing market for autonomous driving. Horizon Robotics, which is planning to raise as much as 5.41 billion Hong Kong dollars through an initial public offering, equivalent to $696.6 million, will begin taking orders from institutional investors starting Wednesday, it said in a filing.
16.10 / 06:27
16.10 / 05:15
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Share price of REC jumps as Sensex drops 69.4 points
REC Ltd. gained 0.84 per cent to Rs 552.1 at 10:29AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 555.35 and low of Rs 545.85 so far during the session. The stock had closed at Rs 547.45 in the previous session. The counter has had a total traded volume of 109189 shares so far with a value of Rs 6.03 crore on the NSE. It traded at a price-to-earnings multiple of 9.93 and a price-to-book ratio of 1.73.
16.10 / 05:05
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Department
Mystery drones swarm air force base for 17 days, leaving Pentagon baffled
fleet of drones breached restricted military airspace for 17 straight days last December.A new report, first detailed by the Wall Street Journal, says military personnel reported witnessing the mysterious fleet over a stretch of land at Langley Air Force Base along Virginia’s shore. The drones would appear in the sky about 45 minutes to an hour after sunset each night.Former air force general Mark Kelly was first made aware of the drone sightings in December 2023, the outlet reports.
16.10 / 04:51
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Share price of HDFC AMC jumps as Sensex gains 5.51 points
HDFC Asset Management Company Ltd. gained 3.43 per cent to Rs 4705.0 at 10:04AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 4783.75 and low of Rs 4563.05 so far during the session. The stock had closed at Rs 4548.65 in the previous session. The counter has had a total traded volume of 26118 shares so far with a value of Rs 12.36 crore on the NSE. It traded at a price-to-earnings multiple of 48.61 and a price-to-book ratio of 11.32.
16.10 / 03:39
Provident
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Southern Africa is enduring its worst hunger crisis in decades due to El Niño, the UN says
The United Nations' food agency says months of drought in southern Africa triggered by the El Niño weather phenomenon have had a devastating impact on more than 27 million people and caused the region’s worst hunger crisis in decades
16.10 / 03:39
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California Gov. Gavin Newsom signs a law aimed at preventing gas prices from spiking
California Gov. Gavin Newsom has signed a law aimed at preventing gas prices from spiking at the pump
16.10 / 00:37
markets
IPO
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Invesco
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Local MFs hold stocks worth over $8 billion in new-age companies
mutual funds now hold stocks worth more than $8 billion, or almost Rs 69,000 crore, in a dozen new-age companies including Zomato, Paytm, PB Fintech, Nykaa, Delhivery and Mamaearth on account of the rising valuations of some of these companies and many of them having gone public in recent years. The value of startup holdings by mutual fund companies such as ICICI Prudential, Axis Mutual Fund, Kotak Mutual Fund, HDFC Mutual Fund, Nippon Mutual Fund, Invesco India and Mirae Asset Mutual Fund was $2.7 billion a year ago, but only with six companies versus 12 now, calculations made by ET show. Besides the steady climb in stock prices that companies such as Gurgaon-based Zomato and Policybazaar-parent PB Fintech have witnessed in the last year, a clutch of new-age companies doing their initial public offerings (IPO) has led to the increased exposure by domestic mutual funds to this asset class.
15.10 / 23:29
15.10 / 23:29
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Sick New World 2025 lineup, tickets, schedule, dates: Metallica, Linkin Park, others participate
Sick New World 2025 festival has disclosed an exciting lineup that will feature some of the most iconic names in rock and metal. The event will happen in the festival grounds of Las Vegas, and renowned bands will come to perform.
15.10 / 22:33
COST
Target
economy
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Headlines
5 of 6 big Canadian banks see jumbo rate cut after surprisingly soft inflation
All but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point after inflation cooled by more than expected last month.
15.10 / 19:27
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Fox
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Videos
Tim Walz fails to load his shotgun and becomes the butt of social media jokes
Tim Walz was found in a video that he is struggling to load his shotgun, and the video has become a joke in online. The video clip has been showing that Tim Walz has failed to load his shotgun and for this he has receiving criticism and mockery. Country singer John Rich gave a reply based on the video that Tim Walz has claimed that he can carry weapon in combat and he is struggling to load a shotgun. John Rich criticized that Walz is so weak that his sister can defeat him, as reported in Fox News. Minnesota Governor has called the press for the documentation of the event during the opening day of Minnesota .The US vice presidential candidate of Democratic Party Tim Walz has participated in a hunting season on that particular day and after that he has started facing mockery and criticism .Conservative commentator Buck Sexton said that the Tim Walz's comfort of loading the shotgun is similar to the US Vice President Kamala Harris's answers to the basic questions. Also Read: One Piece Chapter 1130: All about release date, time, where to read and spoilers
15.10 / 19:27
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Equality
For BJP, caste equations go hand in hand with welfarism in Maharashtra
BJP leader Pankaja Munde while addressing a Dussehra rally in Maharashtra's Beed district, her hometown. She also called upon the backwards to show their strength. Around the same time, Union minister Kiren Rijiju was holding meetings with Buddhist Dalit community leaders in the state. The meetings signify BJP's ploy to consolidate and expand its standing among the backwards and Dalits in Maharashtra. Munde shared the stage with her estranged cousin Dhananjay Munde after more than a decade in Beed, which was the epicentre of Maratha protests led by activist Manoj Jarange Patil. While Pankaja Munde is seen as BJP's OBC face in Marathwada, the party has deployed Rijiju to make inroads among Buddhist Dalits, especially in Vidarbha region. Dalit Buddhists constitute over 50% of the total SC voters in the state. This segment has usually sided with Congress or Prakash Ambedkar-led Vanchit Bahujan Aaghadi.
15.10 / 19:27
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IPO
Strategy
Deloitte
PAM
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reports
Cipla, Alkem Laboratories in final lap to buy SMT
Cipla and Alkem Laboratories have emerged as the frontrunners to acquire a controlling stake in Sahajanand Medical Technologies (SMT), India’s largest cardiac stent maker, said people in the know. This follows the withdrawal of rival private equity contenders KKR, TPG Capital and Apax Partners after showing initial interest. The deal is expected to value SMT at Rs 3,500-4,000 crore, and binding offers are due by next week, the people said. Promoters of SMT—the Kotadia family— plan to keep a minority stake after the transaction that would see other shareholders also divest their holdings. “They could retain about 15-20% stake post the deal,” said one of the persons cited above.
15.10 / 18:43
15.10 / 18:43
15.10 / 16:33
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Hong Kong Police Bust $46M Asia-Wide Deepfake Crypto Romance Scam
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
15.10 / 15:37
markets
Aviat
Airlines
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performer
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Traffic
Domestic air passenger traffic rises 6 pc in September
IndiGo's market share rose to 63 per cent while that of Air India climbed to 15.1 per cent in September 2024, as per the data released by the Directorate General of Civil Aviation (DGCA). AIX Connect, which was merged with Air India Express this month, topped the list of airlines in terms of On Time Performance (OTP) at 70.1 per cent, replacing Akasa Air, whose OTP slipped to 62.1 per cent.
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