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HSBC HOLDINGS PROFIT
India, Taiwan ETFs see record outflows before Asia stock reboundUS-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite th...
NSE IPO: 7 PSU shareholders to offload 8 crore shares in mega public offerSeven government-owned entities, including State Bank of India and Bank of Baroda, will sell stakes in the National Stock Exchange through ...
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
JSW Steel posts two-fold rise in Q4 profit as steel prices recoverJSW Steel has announced a significant profit increase. The company's profit before tax more than doubled in the quarter ending March 31. Th...
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
Buy, Sell or Hold: Goldman Sachs maintains sell on Tata Power; HSBC maintains buy on ACME SolarBrokerage views on Berger Paints, Tata Power and ACME Solar reflect a mixed sector outlook, with optimism driven by margin expansion and ca...
Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in endsGroww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak ...
Canara Bank sees NIM floor at 2.5%, confident of absorbing ECL hit without fresh equityCanara Bank anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning need...
L&T shares slide 4% after Q4 profit dip. Why Jefferies, Goldman Sachs are still bullishLarsen and Toubro shares fell after the company reported a 3% YoY decline in Q4 net profit to Rs 5,326 crore. Despite the profit dip, reven...
Global Earnings | HSBC reports flat first-quarter profit; expects further credit lossHSBC Holdings saw flat first-quarter profits. Higher credit loss charges in the UK and provisions for Middle East conflict impacted earning...
Vijay Kedia-backed Websol Energy shares jump 45% in six days. What's driving the rally?Websol Energy System shares surged 5% to the upper circuit for the third day, marking a 45% rally in six days. Strong quarterly earnings, w...
Maruti Suzuki shares jump 4% after Q4 results. What Jefferies, Goldman Sachs and HSBC recommend nowMaruti Suzuki shares saw a significant jump. The company reported strong revenue and record sales for the March quarter. Despite a profit d...
What war? Smallcap stocks defy Middle East tensions with up to 56% gains in 2 months as Nifty slidesDespite Middle East tensions and a sliding Nifty50, India's smallcap stocks have surged up to 56% in two months. While institutional desks ...
Coal India shares rise over 3% after Q4 results: What Jefferies, Morgan Stanley, HSBC and others are sayingCoal India's shares surged following a stable March quarter performance, with a 12% rise in consolidated profit after tax to Rs 10,908 cror...
HCL Tech shares tank over 9% after weak Q4. JPMorgan, HSBC & 3 others cut target priceHCL Tech shares fell sharply after the March quarter results and FY27 guidance disappointed D-Street expectations. While Q4 profit and reve...
India Inc pulls back a bit from Gulf as cracks widen across operationsIndian consumer companies are scaling back West Asian operations due to steep losses and a fivefold surge in container costs amid the US-Is...
HSBC books 10% profit rise for third quarter, launches $3 bln buybackHSBC Holdings reported a 10% increase in third-quarter profits, surpassing analyst predictions. The bank also announced an additional $3 bi...
HSBC profit more than triples on higher ratesEurope's largest bank posted a pretax profit of $12.9 billion for the first quarter ended March, versus $4.2 billion a year earlier.The res...
HSBC Q1 results: Profit halves on increased loan loss provisions due to coronavirus crisisEurope's biggest bank by assets said profit before tax came in at $3.21 billion for January-March, down from $6.21 billion a year ago and b...