Show Financial News
04.12 / 09:09
Platform
Adventure
show
audience
classical
2020
record high
Eicher Motors stock jumps 7% to record high, crosses ₹4,000 mark; here's why
Eicher Motors, part of the Nifty 50 index, crossed the ₹4,000 apiece mark for the first time in today's session, recording a new all-time high of ₹4,164.90 apiece, up by 7%. The company's shares have been trading on an ex-split basis with a 1:10 ratio since August 25, 2020. In November, the shares jumped 18.25%, registering the largest monthly gain in 3 years.
04.12 / 08:40
Provident
Waters
PINK
show
country
gatherings
New England's decades-old shrimp fishery, a victim of climate change, to remain closed indefinitely
Regulators voted on Friday that New England’s long-shuttered shrimp business, which fell victim to warming waters, will remain in a fishing moratorium indefinitely
04.12 / 08:40
04.12 / 08:40
Target
economy
Remark
President
show
Economists predict US inflation will keep cooling and the economy can avoid a recession
A survey shows most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under pressure brought by high interest rates
04.12 / 08:40
Twitter
Platform
Comcast
show
audience
social
reports
Walmart latest big advertiser to pull out of X amid growing concerns over hate speech
Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform
04.12 / 08:40
Manufacturing
Tesla
Highways
show
cover
information
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
BMW is recalling a small number of SUVs in the U.S. because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people
04.12 / 08:39
04.12 / 08:39
04.12 / 08:39
Action
Mercantile
Nikkei
show
track
electronic
reports
Updates
Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Asian shares are mixed as investors await a slew of U.S. economic data set for release later in the week
04.12 / 08:31
Reuters
Booking
CEO
Action
Compilation
show
Mizuho sees 'urgency' as Japan Inc scurries to bolster capital in line with TSE
By Makiko Yamazaki and Ritsuko Shimizu
04.12 / 08:31
04.12 / 08:23
Target
economy
Experts
show
country
2024
Can Nifty 50 hit 25,000 by General Elections 2024? Experts weigh in
Bharatiya Janata Party (BJP) registered victories across three major states, fuelling hopes that the country will see a stable government after the General Elections 2024. India's economic growth outlook is strong and if the current government continues after the Lok Sabha elections next year, it may give a strong impetus to market sentiment.
04.12 / 08:13
Enterprise
show
Gautam Adani's wealth rises by $5.6 billion amid market rally
Not seeking extension to finish probe into Adani-Hindenburg matter: Sebi to SC After the Court's order, the industrialist ranks 20th on the Bloomberg Billionaires Index with a $65.8 billion fortune. Additionally, Adani Group stocks added about $9.8 billion in market value on Monday. The surge in stock was part of Nifty 50 and Sensex scaling new highs as market investors cheered a victory by Prime Minister Narendra Modi’s party in three state elections.
04.12 / 07:59
Experts
show
reports
Varun Beverages shares down 1.53% as Nifty gains
Varun Beverages Ltd. traded 1.53 per cent down in Monday's trade at 01:14PM (IST). Around 53,781 shares changed hands on the counter.
04.12 / 07:47
Provident
FIVE
Booking
Manufacturing
show
information
recommendations
Endurance Tech listed as ‘top pick of the week’ by Axis Securities – key reasons
₹1,845, indicating an upside of 10 percent from its current market price of ₹1,679.70. Endurance Technologies Limited serves as a comprehensive solutions provider, specialising in aluminum diecasting, suspension, braking systems, and transmission products. Distinguished as a Tier 1 supplier, the company caters to renowned Indian and global brands across the spectrum of 2-wheelers (2W), 3-wheelers (3W) and passenger vehicles (PV).
04.12 / 07:45
Citi
Celebrity
show
voice
song
information
Jewish community in Moncton, N.B. ‘hurt profoundly’ as Menorah won’t be displayed at city hall
Moncton’s Jewish community is voicing their discontent with the city’s mayor after they were told a menorah will not be displayed outside city hall during Hannukah, an annual tradition that’s occurred for the past 20 years.
04.12 / 07:45
Experts
show
isolate
recommendations
Shree Cements shares gain 2.81% as Sensex rises
Shree Cements Ltd. traded 2.81 per cent up at Rs 27764.15 at 12:38PM (IST) on Monday, even as BSE benchmark Sensex gained 981.22 points to 68462.41. The stock had closed at Rs 27005.65 in the previous session.
04.12 / 07:45
Experts
show
reports
ICICI Pru Life shares up 0.18% as Nifty gains
ICICI Prudential Life Insurance Company Ltd. traded 0.18 per cent up in Monday's trade at 12:53PM (IST). Around 8,358 shares changed hands on the counter.
04.12 / 07:45
Provident
Manufacturing
Gap
show
cover
electronic
reports
Skilled labour shortage posing challenges for manufacturers: Survey
shortage of skilled labour is posing major challenges for Indian manufacturers in sectors such as engineering, automotive, electronics, infrastructure, chemical, pharmaceutical and food processing. According to a survey by workforce and HR management service provider Ultimate Kronos Group covering more than 300 manufacturers, 76% of the organisations reported skilled labour shortage hurting their profitability in 2023 – with 35% defining the impact as “severe”.
04.12 / 07:45
Experts
show
reports
Info Edge shares up 0.37% as Nifty gains
Info Edge (India) Ltd. rose 0.37 per cent to Rs 4589.1 in Monday's trade. It hit an intraday high of Rs 4640.0 and low of Rs 4572.0, respectively, during the day.
04.12 / 07:45
Provident
Apple
Tapestry
show
track
country
cover
'Lovin' it': McDonald's raises China bet, bucking Western firms' derisking trend
China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky — but the potential pay-off is great, analysts say. Last month, the US-based burger maker cut a deal to repurchase the 28% stake in its China business Carlyle Group took in 2017, giving it a 48% share in $6 billion worth of operations that include Hong Kong and Macau. The move contrasts sharply with the prevailing trend of multinational corporations reeling back investments in China or even exiting altogether because of geopolitical and economic challenges. One advantage for McDonald's: its majority partner in the China business, CITIC, provides top-level political cover, said Jason Yu, greater China managing director of market research firm Kantar Worldpanel. «Having a very powerful Chinese state-owned conglomerate as a partner means they are not going to be at the forefront of the geopolitical situation; that is quite important,» Yu said. McDonald's China, Carlyle Group and CITIC declined to comment. Other consumer-facing U.S. firms, including Starbucks, Apple, Coach owner Tapestry and sportswear giant Nike, have remained similarly dedicated to the China market. Starbucks and Nike, which face increased competition from lower-priced domestic competitors, show the need to stay agile in order to protect and grow market share, analysts say. The coffee giant is sticking with expansion plans and launched a smaller cup size; Nike, by contrast, has offered localised, higher-end sneakers such as its «Year of the Rabbit» Dunk Lows. McDonald's has used funds from the Carlyle investment to double its restaurant count since 2017 to 5,500, and the country has become its second-largest market.
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