Hindenburg, the US-based predatory short-seller whose research caused a sharp decline in share prices in Indian markets in January 2023, and which fuelled Rahul Gandhi’s Modi-Adani propaganda, shut down on January 15. Its founder, Nathan Anderson, informed the media that the firm had “finished the pipeline of ideas” it was working on. Why Many Are…
Jio Financial Services Q3 Results Live Updates: Jio Financial Services, the billionaire Mukesh Ambani-owned non-banking finance company (NBFC), will announce its Q3 results today. The company has notified the stock exchanges about the announcement of its earnings for the third quarter of FY25 on January 17. Jio Finance share price was trading flat ahead of…
Stocks to Watch: The domestic equity market is likely to open in the red on Friday, January 17. At 7:59 AM, the GIFT NIFTY futures were trading at 23,324.50, down 1 point. This implies that the NIFTY50 index will open 54 pts lower. On the global front, the tone in global stocks turned weaker on…
MUMBAI: Stocks of companies belonging to the Adani group rallied as much as 10% in Thursday’s market on the back of news that Hindenburg Research will close down. Nearly two-years to the day, the US-based short-seller had brought a massive crash in Adani group’s stocks after it published a 110-page report alleging several corporate malfeasances…
India’s stock exchanges have banned fresh trading of Kalyan Jewellers Ltd’s stock futures and options contracts in the derivatives segment after trader outstanding positions in the counters came close to the threshold or limit for such positions. This follows the market capitalisation of the country’s second-largest jewellery maker falling by a third since the start…
Reliance Industries (Ltd) on Thursday reported 7% year-on-year (YoY) growth in its consolidated net profit at Rs 18,540 crore for the third quarter. Revenues from operations increased 7% YoY to Rs 2.43 lakh crore. The profit beat the Street estimates of Rs 18,337 crore, while revenue was also higher than the poll expectations of Rs…
Infosys Q3 Results Live Update at 4:36 pm: Consolidated results highlights Revenue from operations: ₹41,764 crore, up 7.58% YoY, up 1.89% QoQ Net profit: ₹6,806 crore, up 11.46% YoY, up 4.61% QoQ Infosys Q3 Results Live Update at 4:32 pm: Employee metrics Infosys Q3 Results Live Update at 4:29 pm: Client wins Infosys Compaz and…
People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images Asia-Pacific markets mostly climbed Thursday, after U.S….
Q3 results today: January 16, Thursday, is going to be a crucial day as many major companies will release their latest third-quarter report cards. They include Mukesh Ambani-led Reliance Industries, information technology major Infosys, private lender Axis Bank, and technology consulting and digital solutions provider LTIMindtree. Solar EPC solutions provider Waaree Renewable Technologies, newspaper group…
Updated Jan 14, 2025 12:38 IST Adani group share price: The rally in Adani group shares came on account of several reasons. (Image: Shutterstock/ET NOW News) Adani Power shares jumped nearly 19% to Rs 535, Adani Green zoomed 13.8% to Rs 1,012.8, Adani Energy Solutions rallied 13.7% to Rs 783, Adani Total Gas advanced 12.8%…
