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European shares hold ground as AstraZeneca drags, tech shares riseAstraZeneca was the biggest drag, sliding 5% after detailed study results showed its experimental lung cancer drug did not significantly im...
Shriram Finance plans to raise up to $1.5 bn from overseas, CEO saysShriram Finance, an Indian non-banking lender, plans to raise $1.25 billion to $1.5 billion in the current fiscal year from international m...
Indian rupee weakens to hit record low hurt by weak Asia FXThe Indian rupee reached an all-time low, driven by a fall in Asian currencies and equity outflows. Traders indicated possible Reserve Bank...
U.S. electric vehicle maker Fisker files for bankruptcyThe bankruptcy filing by U.S. electric vehicle maker Fisker comes after failed deal talks with a major automaker, resulting in the company ...
Dr. LalPath Labs Q4 Reslts: Firm posts higher profit on healthy testing demandIts shares climbed as much as 7.8% after the results before trimming some gains to trade up about 6%. Rival Metropolis Healthcare was up ab...
Japan's MUFG mulls sweeter offer for India's HDB Financial, Bloomberg News reportsHDB Financial, incorporated in 2007, provides secured and unsecured loans and has more than 1,680 branches across India.
Dr. Lal PathLabs Q3 Results: Firm posts 54% jump in profit on flu, COVID testsThe October-December quarter encompasses the tail end of the monsoon as well as winter, which brings with them ailments such as influenza a...
Spotify teams up with Google AI for personalised podcast recommendationsThe AI-powered models, including Google's own and OpenAI's ChatGPT, analyse listening patterns to suggest tailored content.
Bata India Q2 Results: Profit slides 38% on one-time chargeThe footwear maker said its consolidated profit fell to 339.9 million rupees ($4.1 million) in the July-September quarter, from 548.2 milli...
Markets unlikely to see large volatility due to global bond index inclusionLast month, J.P.Morgan said it would include India in its widely tracked emerging market debt index, setting the stage for billions of doll...
Rupee falls below 83 to lowest against US dollar since October 2022The rupee was at 83.0500 to the dollar by 09:06 a.m. IST, down from 82.8450 on Friday. The 10-year U.S. yield rose to 4.18%, while several ...
Sebi mulls more disclosures for conglomeratesGroup-level disclosures could be made mandatory around cross holdings - where a publicly-traded company owns stock in another publicly-trad...
Japan's Nikkei boosted by regional share rally, but BOJ limits gainsWith the earning rush picking up on Friday, investors also had more reason to be cautious since Thursday's notable stock market laggards, i...
Binance unit plans bid for Singapore crypto licenseLate last year US crypto exchange Coinbase, Crypto.com and DBS Vickers - brokerage run by Singapore's largest bank DBS - received similar a...
India to see challenges in meeting fiscal glide path - Fitch analyst"Essentially, it (the fiscal glidepath) implies further consolidation of about 0.7% of GDP for each of the following two fiscal years," Jer...
European shares steady ahead of PMI dataAmong stocks, Rheinmetall added 1.2% after the German defence group's chief executive forecast sales would grow to 11-12 billion euros ($12...
European shares eye weekly loss as central banks stay hawkishOn Friday, telecom and retail stocks led the losses among the major sectors on the STOXX 600. Shares of economically sensitive banks, which...
Rupee slips, premiums plunge to 11-year lowsThe dollar index inched higher to 106.34, while the offshore yuan headed for the third day of losses. Stronger-than-expected U.S. retail sa...
European shares fall on earnings jitters, Credit Suisse slides on U.S. probe reportCredit Suisse dropped 3.6% after Bloomberg reported the U.S. Justice Department is investigating whether the Swiss lender continued helping...
- Music industry upbeat over HC order on online piracy
Music industry has termed as "landmark" the Calcutta High Court order which it thinks will put a leash on the scourge of online piracy.