Week Financial News

Notably, the company is striving to reduce its costing by trimming its workforce. Byju's has undertaken exercise to reduce workforce by about 3,000-3,500 this month by ending duplication in roles across the organisation.

Bitcoin (BTC) starts a new week firmly back in the “Uptober” spirit as the weekly close gives way to a classic short squeeze.

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Click here!) Asian Tiles has been in a 15-month consolidation and during this period it witnessed increased volatility. The stock has confirmed a breakout from this consolidation on the weekly charts with extremely strong volumes. The delivery volumes have been above average as well, suggesting strong accumulation has been seen in the stock and it is now ripe for a strong upside.

₹80 crore for the renovation and refurbishing of an office block from the Visakhapatnam port authority. NBCC share price today opened at ₹64 apiece on BSE.

Stock market today: Delta Corp shares have been under hammer since mid July 2023. Shares of the Indian Casino major topped out after Government of India (GoI) decided to increase GST on online gaming, casino, etc.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Oracle, Electronic Arts, and Exxon Mobil, and downgrades for Texas Instruments and Netflix.

Benchmark NSE Nifty index fell 1.5 points to 19749.55 amid selling in frontline bluechip stocks. However, stocks such as Delta Corp, Gangotri Text, SS Infrastructure, SEL Manufact and Lakshmi Finance, touched their fresh 52-week low.

Domestic benchmark index NSE Nifty fell 17.45 points to 19733.6, while the BSE Sensex traded 99.01 points down at 66183.73. On the other hand, Tantia Const, Prakash Pipes, MSTC Ltd., Landmark Prop and Jai Corp stocks hit their fresh 52-week highs today.

SKS Power will meet next week to review the resolution plan offered by Torrent Power following a directive by the bankruptcy court, which observed that the decision by the lenders to sell the power company to Sarda Energy and Minerals was based on incomplete financial data, said people with knowledge of the matter. Lenders of bankrupt SKS Power unanimously voted on May 16 in favour of a plan given the stock exchange listed Sarda Energy.

Stocks on Wall Street ended mostly lower on Friday to wrap up a volatile week, as a spike in oil prices and rising inflation expectations soured investors on riskier bets.

Israel Defense Forces soldier, was stationed at a military base near the Gaza border when Hamas attacked last Saturday. Although she didn't answer her phone when her mother called to check on her that morning, she later texted to say that she was busy but OK. “I love you so much,” Eschel told her mother, Sharon, about three hours after the attack started. Her parents haven't heard from her since. More than a week later, Eshel's family is desperate to know happened to their daughter.

WASHINGTON (Reuters) -White House national security adviser Jake Sullivan said on Sunday that the Biden administration hopes to push a new weapons package for Israel and Ukraine through Congress that will be significantly higher than $2 billion.

Investing.com — Geopolitical tensions remain to the fore, while earnings and U.S. retail sales data will give an insight into the health of the consumer. Federal Reserve Chairman Jerome Powell is to speak while economic data out of China and the U.K. will be closely watched. Here’s what you need to know to start your week.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla reaches a production milestone; OSHA violations plague GM plant; and VinFast buys a battery company.

United Nations agency supporting Palestinian refugees said Sunday. «An estimated one million people have been displaced in the first seven days» of the war in Gaza, UNRWA Director of Communications Juliette Touma told AFP. «The number is likely to be higher as people continue to leave their homes.» Israel has been pounding Hamas targets in the Gaza Strip after the Islamist militants carried out a deadly attack on southern Israel on October 7 that killed more than 1,300 people. More than 2,300 people have also been killed in Gaza in Israeli air strikes targeting Hamas leaders, militants and their hideouts in the coastal enclave.

Rajnath Singh and other union ministers, including Piyush Goyal, Parshottam Rupala and Sadhvi Niranjan Jyoti, will address BJP campaign rallies in Telangana this week for the November 30 legislative assembly polls. Sadhvi Niranjan Jyoti will be meeting with fishermen at Musheerabad and Amberpet in Hyderabad on Sunday, BJP sources said.

Nifty companies — TCS and HCL Tech — will trade ex-dividend this week with respect to the interim dividends announced along with their second-quarter results. The board of TCS had approved a second interim dividend of Rs 9 per share for the financial year ending 2024. The record date for the second interim dividend is fixed as October 19 and the stock will trade ex-dividend on the same date. Shares of companies usually trade ex-dividend on the day or a day before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment.

Read more. Adani Group has released a media statement condemning the ‘Malicious Campaign’ by UK-based newspaper Financial Times, claiming that the media outlet has been rehashing old and baseless allegations to hamper the global reputation of the conglomerate. Read more.

Zhai Jun will visit the Middle East next week to push for a ceasefire in the Israel-Hamas conflict and promote peace talks, state broadcaster CCTV reported Sunday. Zhai «will visit the Middle East next week to coordinate with various parties for a ceasefire, to protect civilians, ease the situation, and promote peace talks,» CCTV said in a video posted to its official social media account on Sunday. The CCTV report came as Israel appeared poised for a ground offensive against Hamas militants in Gaza. More than one million people in the northern part of the crowded enclave have been ordered to flee ahead of the expected assault, an exodus that aid groups said would set off a humanitarian disaster. The cramped and impoverished territory, where 2.3 million residents live on top of each other, has been under a land, air and sea blockade since 2006. The latest deadly Israeli salvos were sparked by a Hamas raid which saw fighters break through the heavily fortified border between the Gaza Strip and Israel and gun down, stab and burn to death more than 1,300 people. In Gaza, health officials said Israel's response had killed more than 2,200 people.

Also Read: These 50 smallcap stocks log double-digit rise as Sensex settles marginally higher on volatile week; do you own? "The rebound from the sluggish start, propelled by positive expectations on Q2 earnings and moderation in global bond yield despite concerns over the Middle East conflict continues to hover. The release of higher-than-anticipated US inflation data and resulting increase in treasury yields marginally offset the positive trend by the end of the week,'' said Vinod Nair, Head of Research at Geojit Financial Services. Domestic benchmark equity indices slipped into the negative territory in the previous session despite some intraday recoveries.