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ENERGY SECTOR PROFITS
European corporate earnings outlook improves as energy profits surgeEuropean corporate earnings growth is forecast to reach 21.9% in the third quarter, driven by soaring energy profits amid US-Iran war volat...
Stocks in news: Swiggy, Infosys, HPCL, eMudhra, Adani Power, Shriram Finance, Tata Motors and NLC IndiaIndian equity markets faced continued downward pressure, marked by persistent selling and negative global indicators. The Nifty 50 index sa...
Union Pacific's third-quarter profit rises on pricing strengthUnion Pacific showcased impressive third-quarter adjusted profit, primarily fueled by increased fuel surcharge revenue and solid core prici...
India's copper demand rises 12% to 2,100 KT in FY26India's copper demand rose to 2,100 kilotonnes in FY'26, reflecting a 12% increase from the previous year. This growth was primarily driven...
SRF Ltd announces ₹600 crore aluminium foil manufacturing plant in Madhya Pradesh for battery applicationsSRF Ltd has secured board approval for a proposed ₹600 crore aluminium foil manufacturing facility in Madhya Pradesh. This plant will cater...
Adani Green Q2 Results: Profit rises 15% YoY to Rs 673 crore; revenue jumps 39%Adani Green Energy reported a 15% year-on-year rise in consolidated net profit to Rs 673 crore in Q2, while revenue grew 39% to Rs 4,520 cr...
Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weighChinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consume...
Jio IPO or RIL shares? Where should investors bet as Ambani's Rs 30,213 crore issue opensJio Platforms is eyeing a staggering valuation of Rs 10 lakh crore for its upcoming IPO, sparking heated debates among analysts on whether ...
ETMarkets Smart Talk| India’s next wealth creators may be hidden in specialised manufacturing and energy infrastructure: Paresh BhagatParesh Bhagat, Chairman of Mangal Keshav Financial Services, discusses where India’s next wealth creators could emerge from, why several mi...
AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
US stocks today: US stocks end higher as healthcare stocks lift Dow, tech a breatherWall Street ended higher on Tuesday, led by the Dow as investors shifted towards healthcare and other value stocks. The S&P 500 also gained...
PepsiCo India expects festive snack sales to match last year as new launches roll outPepsiCo India anticipates steady growth in festive snack sales driven by innovative product launches and a focus on e-commerce. The company...
Global Market: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunnedElice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business soft...
Banking stocks, high oil prices drag Indian markets lowerAcross Asia, markets were mixed, with South Korea rebounding 1.8% from last week's losses amid simmering concerns over excessive investment...
Pivot to Privatisation 2.0: Why IDBI Bank’s sale should rev up India’s push to privatise remaining non-strategic PSBs and PSUsLast week, the Cabinet Committee on Economic Affairs approved the sale of IDBI Bank's majority stake. The stake, held by the Government of ...
Scaling existing climate tech, wider data access key to climate action: CCF founderBengaluru recently celebrated the launch of Bangalore Climate Data Week, a dynamic five-day gathering dedicated to advancing climate action...
Public sector banks' Rs 7.8 lakh crore corporate loan pipeline signals capex revivalPublic sector banks have revealed a corporate loan pipeline of approximately ₹7.8 lakh crore signaling increased credit demand. Companies a...
Stocks in news: Vedanta, HDFC Bank, ICICI Bank, Axis Bank, HFCL, IREDA, Zen Tech and Oil IndiaIndian equities turned around as information technology stocks attracted sustained buying interest. Strong quarterly earnings reports enhan...
Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 millionAegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's g...
Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...