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US stocks: US market sinks as bond yields rise, Walmart results disappointThe S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla amo...- US stocks: US market falls as bond yields rebound; Walmart slides on sales missMajor US stock indexes opened lower on Thursday. Rising government bond yields hurt investor sentiment significantly. Retail giant Walmart ...
- Quote of the day by T. Rowe Price: "When picking a list of growth stocks for long-term investment, broad diversification of the risk is the first and most important principle to follow. No one can look ahead five or ten years and say what is the most promising industry or the best stock to own"T. Rowe Price stresses diversification as the key principle when selecting growth stocks for long-term investment. Because no investor can ...
- Tata Consumer likely to take 'calibrated' price hikes if cost woes persist; eyes double-digit FY27 growthTata Consumer Products anticipates sustained double-digit revenue growth through strong consumer demand. The company's fast-growing food an...
- 'Desi' Swiggy bets on Instamart model shift, mirroring main rival BlinkitSwiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potenti...
- KKR buys stake in BookMyShow for $40 millionGlobal investment firm KKR has acquired a minority stake in BookMyShow. This investment will support the entertainment platform's future gr...
- Investcorp acquires 20Cube 3PL SolutionsThe transaction involves the carve-out of the India contract logistics business from Singapore-headquartered 20Cube Logistics, which will c...
- Global Market: Chinese, Hong Kong stocks slip as AI shares retreat; energy stocks gainChinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...
- ‘If airlines are not complying, ground them’: SC pushes Centre to finalise aviation rulesThe Centre informed the Supreme Court about fast-tracking new aviation rules. These rules under Bharatiya Vayuyan Adhiniyam, 2024, will be ...
- New-age firms cushion Q1 raw material, diesel cost shock with price hikes, efficienciesNew-age consumer and logistics firms managed cost increases during the April-June quarter. Strong sales growth and selective price hikes he...
- US stocks: US market slips as oil prices rise, retail results awaitedAs investors braced for retail earnings reports, major stock indexes fell, signaling caution in the market. Oil prices surged, driven by co...
- HMT Watches clocks Rs 35 lakh in single-day Independence Day sales in BengaluruGovernment-owned HMT Watches recorded sales exceeding Rs 35 lakh on Independence Day as thousands of customers queued in Bengaluru for limi...
- Global Market: European shares climb despite geopolitical risks; miners lead gainsEuropean shares edged higher as gains in basic resources and technology stocks offset weakness in defensive sectors. A softer dollar, weake...
- Global Market: China, Hong Kong stocks rise as chipmakers rally on strong earningsChinese and Hong Kong equities advanced, led by technology and semiconductor stocks following strong corporate earnings, while consumer and...
- Irish House parent K Hospitality bets ₹550 crore on UK-based Wagamama’s India expansionK Hospitality plans to open over one hundred Wagamama outlets across India. The company has allocated five hundred fifty crore rupees for t...
- Green energy federation asks govt to extend CBG blending rule to industrial consumersThe Indian Federation of Green Energy wants to expand compressed biogas blending obligations. This move aims to include large industrial ga...
- Which sectors attracted mutual fund interest in July? Check detailsMutual funds increased their exposure to technology, automobiles, e-commerce, healthcare, NBFC-lending and telecom sectors in July, while r...
- China's JD.com tops quarterly revenue estimatesThis year's annual mid-year shopping event, marking JD.com's founding on June 18, 1998, ran for more days than the previous year, giving ...
- Godrej Consumer Products appoints Aasif Malbari as CEO, replacing Sudhir SitapatiWith the appointment of Aasif Malbari as the new managing director and chief executive officer, a transition is underway at the helm. He ta...
- Festive demand set to lift FMCG growth, but margins face pressureConsumer demand in India is expected to strengthen during the upcoming festive season. Companies face rising input costs and intense compet...
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