The company has estimated that false or spam accounts represented fewer than 5% of its monetizable daily active users
Chris Wood believes the best way to play Indian markets is the upswing in the Indian property/real estate sector despite the rate hikes by the Reserve Bank of India (RBI)
These negative returns have largely been triggered by panic selling by new investors who exited in droves in the backdrop of rising interest rates, inflation worries and the geopolitical tensions
Live news updates: From crisis in Sri Lanka and Ukraine, to the political developments back home and more, catch all the live updates on latest news here
Driven by an all-round strong performance, we expect Tata Motors to become earnings' positive in FY23 with a net profit of Rs 7,068 crore, said analysts at Sharekhan
SBI Q4 result: The numbers missed Street estimates, which was expecting the net profit to rise in the range of 63-72 per cent YoY to come in between Rs 10,493 crore and Rs 11,056.7 crore
Select mid-cap IT stocks may surge up to 10 per cent on short-term rebound
The company guided for robust demand prospects (JLR order-book at 1.68 lakh units, up 13,000 units QoQ) coupled with healthy profitability going forward
From India, MSCI has added 4 stocks - Adani Power, AU Small Finance Bank, Jindal Steel & Power and Tata Elxsi, whereas, deleted HDFC AMC.
The company has fixed Tuesday, May 17, 2022, as the 'record date' for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend of Rs 11 per share.
SBI Q4 Preview: The increase in net profit would be aided by up to 19 per cent YoY/5 per cent QoQ growth in net interest income (NII) at Rs 32,100 crore
The board has recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150 per equity share.
Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.
The technical analyst from HDFC Securities reommends buying Federal Bank 85 Put with a stop loss at Re 1.
President Gotabaya Rajapaksa pledges to form a new government to end political instability.
The Bangalore-based market leader is in talks with banks, including Morgan Stanley and JPMorgan Chase & Co., for the funding to acquire another edtech company, people familiar with the matter said
Live news updates: From crisis in Sri Lanka and Ukraine, to the political developments back home and more, catch all the live updates on latest news here
Company reports 10% jump in consolidated revenue at Rs 52,851 cr
Wilson was until recently the CEO of Scoot, a low-cost subsidiary of Singapore Airlines
The jump in CPI inflation has been long anticipated following the Central govt's decision to wait until after key state elections in March to hike fuel prices
Markets have been falling for five straight sessions and the BSE benchmark has tumbled 2,771.92 points, or 4.97%, during this period
US inflation data, possibility of aggressive rate hikes, record low rupee, and intense selloff by foreign portfolio investors are among the key factors that thumped stocks lower
CLOSING BELL :: The S&P BSE Sensex opened gap-down and sunk 1,386 points intra-day to hit a low of 52,702 levels
The management remained cautious over profitability of cement companies in the near future as it does not anticipate any relief in cost pressure.
Among the losing pack, Solara Active Pharma Sciences has slumped 75 per cent, while Aarti Drugs, MCX India and Tata Communications are other major laggards
Foreign portfolio investors' (FPIs) holding in Paytm has declined by 4.94 percentage points to 4.42 per cent in March 2022 quarter.
In Q4, Novelis reported 15 per cent YoY decline in adjusted EBITDA at $431 million primarily due to short-term operational cost challenges.
Bank of Baroda Q4 result preview: Citi expects BoB's net profit to fall 5 per cent sequentially to Rs 2,098 crore. It also expects PPoP to decline 6 per cent QoQ to Rs 4,138.3 crore
In Q4FY22, EBITDA margin was down 596 bps to 15.9% due to steep increase in raw material prices and extra support to trade towards GST rate differential on inventory.
In Q4FY22, the bank's standalone net profit dropped 66 per cent YoY to Rs 201 crore as the bank set aside Rs Rs 325 crore on account of a fraud.
Google's interest in the global media rights of India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest
Stocks to Watch Today: Aditya Birla Capital, Apollo Tyres, GSPL, HCC, L&T, RBL Bank, Siemens and Tata Motors ahead of Q4 earnings; Prudent Corporate Advisory Services IPO to close on Thursday.
SC to hear pleas challenging validity of the sedition provisions in July
Live news updates: From the crisis in Sri Lanka and Ukraine to coronavirus developments and more, catch all the live updates here
The central bank raised the repo rate by 40 basis points to 4.40% following a emergency meeting earlier this month.
A day earlier, Delhivery raised Rs 2,346 crore from 64 anchor investors
Gross domestic product growth will be 7.6% for FY23 and 6.7% for FY24, 30 basis points lower than the previous estimates, the brokerage said in a note
There is a lot to like about the Xiaomi 12 Pro 5G, but do things look good because of its starting price of Rs 62,999 (8GB+256GB)? Let's find out
In the primary market, Venus Pipes & Tubes IPO was subscribed 2 times on Day 1 of the offer period; Delhivery IPO was off to a slow start.
The MCX Crude Oil futures may test Rs 7,540-odd level this week; while on the upside MCX Natural Gas May futures are likely to face resistance around Rs 590.
In the past one month, the stock of information technology (IT) major has declined 14 per cent after operating performance missed estimates in March quarter (Q4FY22).
The stock has declined more than 50 per cent from its 52-week high touched in December 2021; Charts indicate the best way to approach the stock is to stay on the sidelines for now.
In Q4FY22, Ajanta's earnings before interest, taxes, depreciation, and amortization declined 20 per cent year-on- year to Rs 207 crore.
In the past one month, the market price of Nazara Technologies has tanked 29 per cent, as compared to a 8 per cent decline in the S&P BSE Sensex.
At 10:00 am; CGD stocks were up in the range of 4 per cent to 7 per cent, as compared to 0.43 per cent decline in the S&P BSE Sensex.
Delhivery provides supply chain solutions to a diverse base of 23,113 active customers such as e-commerce marketplace, direct-to-consumers e-tailers, and enterprises across several verticals.
The management said the quarter witnessed impact in terms of demand for decorative business on account of the steep price increase taken towards the end of Q3FY22.
Stocks to Watch Today: The primary market too is likely to be abuzz with activity with three IPOs namely - Delhivery, Prudent Corporate Advisory Services IPO and Venus Pipes IPO open for subscription.
The technical analyst from HDFC Securities sees the next major support for the Nifty at 15,700-level.
Vi registers 7.5% sequential growth in its ARPU at Rs 124 aided by tariff hike in November