File photo: BLS Polymers logo MUMBAI: The Rs 255 crore IPO of BLS Polymers was subscribed a little over 241 times, making it one of the highest subscribed primary offers in recent times. Compared to nearly 1.2 crore shares on offer, total bids at the upper end of the Rs 141-150 per share price band…
Trent share price jumps 7% NEW DELHI: Trent shares jumped almost 7% on Friday after the Tata Group’s retail arm reported a strong 25% year-on-year increase in consolidated net profit for the September quarter.The stock climbed 6.73% to Rs 3,059 on the BSE, while its NSE-listed shares gained 6.92% to Rs 3,060. The rally added…
Amazon cloud business accelerates but shares drop on profit miss Amazon shares fell sharply in after-hours trading on Thursday (local time) as heavy artificial intelligence investments and a weaker-than-expected earnings performance overshadowed accelerating growth in its cloud computing business.The e-commerce and technology giant’s shares dropped as much as 7% after it reported third-quarter results that…
File photo: Sagility logo MUMBAI: IIFL Capital on Thursday night launched a block deal for up to 56 crore shares of Sagility Ltd that could be worth nearly Rs 2,400 crore or about $250 million. Netherlands-based Sagility BV, a promoter group entity, is the seller. Source link
The $500 billion wipeout marked the second-largest single-day loss in market value recorded by a company, after chipmaker Nvidia lost nearly $600 billion in early 2025 Shares of Google parent Alphabet plunged more than 12% on Thursday, wiping out around $500 billion in market value in one of the biggest single-day losses in stock market…
Brent futures gained 86 cents, or 0.75%, to $115.74 a barrel Crude oil prices continued their upward march on Friday, with Brent crossing $115 a barrel as attacks on Saudi energy infrastructure and mounting risks to shipping in the Gulf heightened fears of supply disruptions. The benchmarks were also heading for their fourth consecutive monthly…
NEW DELHI: Commerce and industry minister Piyush Goyal on Thursday said the govt will ensure that sensitive sectors, including agriculture, are protected as part of the trade deal with the US.“I have the courage of conviction to announce boldly that once details are out on the US trade deal, the people of India will celebrate…
File photo: Noel Tata Bahram Vakil MUMBAI: Noel Tata has selected close friend and AZB & Partners co-founder Bahram Vakil to succeed him as chairman of Trent, the Tata Group‘s fashion and retail flagship established by his mother, Simone Tata. Vakil will take over as chairman of Trent on Nov 12, a day after Noel…
