The shares of ICICI Bank Limited inched marginally higher to touch its new 52-week high of Rs 943.25 in the early hours of Tuesday. Till afternoon, the stock was trading at Rs 931 levels. The shares rallied after the bank posted a robust Q2 result. The Net Interest Income (NII) of the bank stood at [...]
The Competition Commission on Tuesday slapped a penalty of Rs 936.44 crore on Google for abusing its dominant position with respect to Play Store policies and directed the company to cease and desist from unfair business practices. In a release, the Competition Commission of India (CCI) said it has also directed to modify its conduct [...]
Mukesh Ambani-led Reliance Industries Ltd (RIL) recently announced that it is set to demerge its financial services arm and list it on the Indian stock exchanges. The demerge will be done through a share-swap agreement. This means that the company will issue one equity share of the newly listed Jio Financial Services Ltd (JFSL) for [...]
The shares of Sikko Industries Limited are trading 2.15 per cent higher till 11.45 on Tuesday at Rs 133 levels. In the past five days, the stock has shed approximately 7 per cent. However, the stock price has surged from Rs Rs 43.30 around the same time in July to the current levels logging a [...]
Leading depository CDSL has reported a 7 per cent decline in its consolidated net profit to Rs 80 crore in three months ended September 2022. In comparison, the depository had posted a net profit of Rs 86 crore in the year-ago period, Central Depository Services (India) Limited (CDSL) said in statement. The company's total income [...]
Domestic headline gauges started in the green on Tuesday but were dragged to the red tracking losses in oil & gas, and FMCG stocks. The Sensex shrunk by 0.33% by 11:56 AM on Tuesday and was quoting at 59,634.70 points, while the Nifty declined 0.28% to quote at 17,680.85 points. As markets fluctuate, here are [...]
Akshata Murty, wife of Britain's incoming Prime Minister Rishi Sunak, earned Rs 126.61 crore (USD 15.3 million) in dividend income in 2022, from her shareholding in India's second-largest IT firm Infosys. Murthy, daughter of Infosys co-founder Narayana Murthy, held 3.89 crore shares, or 0.93 per cent, of Infosys at the end of September, according to [...]
Laurus Labs, a pharmaceutical company has been on the losing run for three sessions in a row. Its shares fell by 5.56% on Tuesday’s early trades and were quoting at ₹ 453 levels. Its shares were at ₹ 525 levels on October 21, 2022, and the current share price indicates a fall of 13.71% in [...]
The corporate earnings season has already started. October marks the beginning of the third quarter, but with Q2 results being announced, come announcements of dividends. Investors eagerly hope for corporate actions like dividends that help them make extra money during the festive season. The ex-date and the record date are two significant dates when it [...]
The shares of Kshitij Polyline Ltd were locked in an upper circuit of 5 percent and reached its new 52-week high of Rs 264.65 in the early hours of Tuesday. The stock has been on an uptrend for the last five days and has gained approximately 22 percent. Kshitij Polyline Ltd is one of the [...]
