India’s new 15-year tax break could unlock global rough diamond tradeIndia is closer to becoming a global rough diamond hub. A new tax exemption will attract foreign companies to trade rough diamonds. This me...
South Korea’s Kospi tumbles 5% after 2-day rally, angry retail investors vow not to invest againSouth Korea's benchmark Kospi extended its sharp decline on Thursday as a global technology selloff dragged heavyweight chipmakers Samsung ...
To IPO, or to IPOstpone? : What Zepto’s IPO pullback tells a bigger story about business and timing.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the spe...
Paytm jumps over 4% after Rs 2,038-crore block deal; Saif Partners, Elevation Capital likely sellersPaytm shares rose over 4% following a significant block deal. Early investors Saif Partners and Elevation Capital trimmed their holdings in...
New closing auction triggers confusion, sparks late Nifty swingsMarket participants faced confusion during the new auction system's debut. Indices and stock values diverged significantly, catching trader...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities rallied sharply as easing oil prices following renewed US-Iran talks boosted sentiment. Sensex gained 544 points and Nifty ...
HFCL shares rebound 5% on Rs 523 crore order win. Still time to buy after 195% rally in 6 months?HFCL shares rose sharply on Monday after the company secured an international order worth Rs 522.73 crore, extending investor optimism arou...
Fintechs chase new revenue; Flipkart’s food delivery launchHappy Monday! As core growth cools, India's listed fintechs are diversifying fast and launching new products. This and more in today’s ETte...
Zepto defers its IPO; Urban Company slips into the redZepto has decided to pause its IPO amid pricing concerns. This and more in today's ETtech Top 5.
Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock marketSouth Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40%...
Korea’s leverage trap has an echo in IndiaIndian brokers are lending large sums to retail investors, creating systemic risk. Retail investors are borrowing heavily to buy stocks at ...
Sebi agrees to settle all NSE cases, clears way for mega IPOIndia's National Stock Exchange has settled all pending regulatory cases for a significant sum. This settlement clears the final major hurd...
NYSE parent ICE to buy MarketAxess in $5.7 billion deal to expand fixed-income offeringsIntercontinental Exchange has made a significant move by agreeing to acquire the bond trading platform MarketAxess for a hefty $5.7 billion...
'Wait till payback time!': South Korean retail investors protest as govt apologises after Kospi crashes 40% in a monthKospi skyrocketed over 122% since the beginning of the year to hit a lifetime high of 9,386 in June on the back of a global AI frenzy, befo...
US market drag keeps Dr Reddy's, Cipla under pressure despite strong product pipelineIndian pharmaceutical firms experienced a challenging June quarter, marked by declining US business profits. Dr Reddy's and Cipla saw signi...
Memory frenzy fuels CXMT's historic debutCXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed fi...
India's IT giants grapple with weak growth despite resilient deal momentumInfosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue ...