Show Financial News

15.11 / 07:23
Career Oscar show information ‘No one wants to be stuck with a dusty old lawyer’
Law students are reading the winds of technological disruption in the legal profession and pursuing science, technology, engineering and mathematics degrees tostand out from their peers.
15.11 / 07:22
FIVE show country From clicks to bricks, Aussies seamlessly fuse online and IRL buying
Australian consumers are prioritising value and convenience in a difficult economic climate.
15.11 / 07:21
Platform Experts show 2020 stake Siemens AG to buy Siemens Energy's stake in Indian unit for €2.1 billion
Siemens AG will buy an 18% stake from Siemens Energy in their Indian joint venture Siemens Ltd for €2.1 billion, which is a discount of 15% on the average price. «The purchase price reflects a customary discount of 15% on the 5-trading-days volume-weighted average price before the day of signing,» said Siemens AG. Siemens shares rallied around 4% to Rs 3566.50 on BSE following the news. September quarter shareholding pattern shows that Siemens Energy owned a 24% stake in Siemens Ltd, while Siemens International owned 47.70% in the company. The remaining 3.3% stake is owned by Siemens Metals Technologies, which is also a promoter group company. Earlier in the day, Siemens Energy said it is reviewing the structure of Siemens Gamesa in a bid to return to profit the struggling wind division which caused a €4.6 billion ($5.0 billion) annual net loss for the group. Siemens Gamesa once considered the future growth driver for Siemens Energy, has become a millstone around the group's neck after deeper-than-expected wind turbine quality issues were disclosed in June. The division is now only expected to break even in the 2026 fiscal year, Siemens Energy said. A day earlier, Siemens Energy secured a €12 billion credit line from private banks that were partly backstopped by the German government, removing a major concern for investors who feared the group could lose out on business as a result. The group, which was spun off from Siemens AG in 2020, said it made no further provisions for faulty onshore turbine platforms following an analysis of its fleet.
15.11 / 07:21
show social dance innovations Posters calling Kumaraswamy 'electricity thief' appear near his house
H D Kumaraswamy as 'current thief' surfaced on the walls near his house a day after the Bengaluru Electricity Supply Company registered a case of power theft against him. Videos showing the posters went viral on social media.
15.11 / 07:21
Experts show reports share price Share price of Adani Power falls as Sensex gains 582.4 points
Adani Power Ltd. dropped 0.19 per cent to Rs 390.1 at 12:33PM (IST) in Wednesday's trade. The stock has hit a high of Rs 397.3 and low of Rs 388.1 so far during the session.
15.11 / 07:21
Experts show reports share price Share price of Godrej Consumer jumps as Sensex gains 583.0 points
Godrej Consumer Products Ltd. gained 0.39 per cent to Rs 985.45 at 12:18PM (IST) in Wednesday's trade. The stock hit a high of Rs 990.2 and low of Rs 980.65 so far during the session.
15.11 / 07:21
Aviat Experts show isolate recommendations InterGlobe shares gain 0.48% as Sensex rises
InterGlobe Aviation Ltd. traded 0.48 per cent up at Rs 2551.85 at 12:38PM (IST) on Wednesday, even as BSE benchmark Sensex gained 601.82 points to 65535.69. The scrip had settled at Rs 2539.65 in the previous session.
15.11 / 07:21
Man Progressive CEO Platform show beautiful prevention D2C brands on GoKwik network experience surge in festive sales, defying traditional trends
Direct to consumer brands on the GoKwik network saw a massive surge in order volumes on its platforms during the peak marketplace sale period this year, reversing the trend seen last few years when they see a dip in their orders when marketplaces launch their festive season sales. During the week long marketplace sales, the GMV for D2C brands on the GoKwik network grew 1.5 times in 2023 over the year before. Order volume and GMV surged by 43% and 52%, respectively, around the same time as marketplaces also grew their order volumes.
15.11 / 06:31
Progressive Aware economy Remark show performer NOT India's growth story is based on economic strength, not BJP winning elections
this note published in 2014 that the idea that the BJP is a more market-friendly party than the Congress (a prominent member of the INDIA alliance) has very little evidence supporting it at least in terms of capital flows. In the six years of BJP-led National Democratic Alliance (NDA) rule from April 1998 to April 2004, the Sensex, these economists wrote, grew at compound annual growth rate of 5.9% per year. During the years under the United Progressive Alliance's (UPA) regime, this rate more than doubled to more than 16.4%.
15.11 / 05:55
Booking Experts show Jubilant Food shares rise 2.01% as Nifty gains
Jubilant Foodworks Ltd. traded 2.01 per cent up at Rs 514.4 on Wednesday at around 11:06AM (IST), while the benchmark BSE Sensex advanced 594.5 points to 65528.37. As many as 20,833 shares changed hands on the counter with a total value of Rs 1.06 crore.
15.11 / 05:55
Experts show reports Bharat Forge shares up 1.21% as Nifty gains
Bharat Forge Ltd. traded 1.21 per cent up in Wednesday's trade at 11:11AM (IST). Around 6,707 shares changed hands on the counter.
15.11 / 04:51
Experts show reports share price Share price of Info Edge jumps as Sensex gains 602.44 points
Info Edge (India) Ltd. gained 4.23 per cent to Rs 4700.0 at 10:05AM (IST) in Wednesday's trade. The stock hit a high of Rs 4709.45 and low of Rs 4545.05 so far during the session.
15.11 / 04:23
Airlines Boeing Coronavirus pandemic show track travelers International Dubai International Airport, world's busiest, on track to beat 2019 pre-pandemic passenger figures
Dubai International Airport this year will eclipse the pre-pandemic passenger figures in 2019, showing the strong rebound in travel after the coronavirus pandemic and lockdowns that grounded aircraft worldwide, a top official said Wednesday. The airport, the world's busiest for international travel and home of the long-haul carrier Emirates, has had 64.5 million passengers pass through its cavernous concourses through the third quarter of this year. That puts it on track to reach 86.8 million passengers for the full year, which would exceed its 2019 figure of 86.3 million passengers.
15.11 / 04:23
Experts band show 500 inflation data Soft US inflation data drives Sensex over 500 points higher, Nifty above 19,600
Federal Reserve may be done raising interest rates. The BSE Sensex was trading 551 points or 0.85% higher at 65,485. Nifty50 was trading at 19,618, up 174 points or 0.90% at around 9.22 am.
15.11 / 04:23
Citi Target Action WhatsApp Experts show recommendations Weekly Chart Check: Contra buy? Down 30% from highs but channel breakout on weekly charts makes City Union Bank an attractive buy
City Union Bank Ltd, part of the private sector banking space, has fallen by about 30% from December 2022 highs but the stock gave a breakout from a channel pattern last week which has opened room for the stock to head higher. As long as the stock stays above 136-140, bulls will be able to make a comeback, suggest experts. If the momentum continues, the short-term target is placed around 160, they say. The private sector bank hit a 52-week high of Rs 204.95 on 15th December 2022, but it failed to hold on to the momentum.
15.11 / 03:49
IPO Pool show performer reports Bankers to feel the deepest cuts in this coming bonus season
Investment bankers and equities sales and trading teams are likely to be hit the hardest during Wall Street’s next round of bonus payments.
15.11 / 02:35
Reuters Entertainment economy show country reports China retail sales, industrial data grow faster than expected in October
BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. 
15.11 / 02:30
Reuters economy MSCI Bill show reports recommendations index 8 things that changed for the stock market overnight - Gift Nifty, US inflation to MSCI index rejig
US Federal Reserve will not hike interest rates further. Indian markets were shut for a holiday on November 14. On Monday, the domestic benchmark equity indices ended half a percent lower amid mixed global cues.
15.11 / 02:30
IPO Digital MSCI President show country reports Stocks to Watch: IndusInd, Suzlon, ASK Auto, Grasim, Adani Ports, HCL Tech
IndusInd/Suzlon/Paytm/Persistent Systems: MSCI is set to adjust its MSCI Standard Index, drawing attention from analysts who are closely monitoring potential inclusions such as IndusInd Bank, Suzlon Energy, Persistent Systems, and One97 Communications. Nuvama Alternative & Quantitative Research predicts significant inflows into these stocks, estimating $290 million for IndusInd Bank, $264 million for Suzlon Energy, $258 million for Persistent Systems, and $163 million for One97 Communications, the parent company of Paytm.
15.11 / 02:30
Target show Inflation has dipped but risks of another upsurge loom
RBI) 6% upper tolerance limit. For a large part, that decline had a seasonal correction in vegetable prices and the government’s slashing of cooking gas prices to thank.
15.11 / 02:30
Strategy show track tenor reports end US Dollar tumbled most in a year as traders bet on the end of US hikes
Federal Reserve will start cutting interest rates by mid-2024, sending Treasury yields plunging. A Bloomberg gauge of the dollar tumbled as much as 1.3 percent on Tuesday, the largest such drop since November 2022. It stayed close to the previous day’s close on Wednesday, helping propel the won and ringgit to the top of Asia’s currency rankings.

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