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Source: Live Mint (Bloomberg) — After years of hoarding capital amid fears that regulators would come knocking, Wall Street’s biggest banks paid out the most in three years to shareholders in the form of dividends and buybacks. The six largest US banks delivered more than $100 billion to shareholders through dividends and share repurchases during…
Source: Live Mint New Delhi: Reliance Industries Ltd. expects its Campa and Independence brands to cross the ₹1,000-crore milestone each this financial year after it shook up the consumer goods market with products across staples to beverages. “Consumer brands (under Reliance Consumer Products Ltd or RCPL) continued to deliver growth across categories with 9M FY25…
Source: Live Mint The Securities and Exchange Board of India has temporarily restrained the trading activities of Pacheli Industrial Finance Ltd (PIFL) following an alarming surge in the Mumbai-based company’s stock price and questions surrounding its financial dealings. The market watchdog also restrained six entities—the company’s preferential share allottees—from buying, selling, or dealing in PIFL…
Source: Live Mint Stock Market News Today Live Updates: In an ever-evolving financial world, staying informed about stock market trends is crucial. Our Stock Market News provides real-time updates, insightful analysis, and in-depth coverage of the global financial landscape. From major index movements and corporate earnings to economic indicators and geopolitical events, we deliver the…
Source: Live Mint US stocks were drifting on Thursday after mixed earnings reports and economic data. Economic reports released on Thursday were mixed, with one report showing retail sales rising 0.4 per cent in December, while another showed that the jobless claims rose more than expected last week. At 9:54 am ET, the Dow Jones…
Source: Live Mint Infosys ADR: American Depository Receipt (ADR) shares of India’s second-largest software services provider witnessed a sharp decline on the New York Stock Exchange (NYSE) after declaring its October-December quarter results for fiscal 2024-25 (Q3FY25). Infosys ADR crashed six per cent to $21.515 on the American stock exchange even after the IT major…
Source: Live Mint 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…
Source: Live Mint Reliance Industries Q3 Results: Reliance Industries Ltd (RIL), the billionaire Mukesh Ambani-led oil-to-telecom-to-retail conglomerate, announced its earnings for the third quarter of FY25 today, January 16. The consolidated Reliance Q3 results include the earnings for the conglomerate’s oil-to-chemical (O2C) business, Reliance Oil & Gas business, Reliance Jio as well as Reliance Retail…
Source: Live Mint Reliance Jio Q3 results: Reliance Jio Infocomm reported a 26% year-on-year (YoY) rise in consolidated net profit for the quarter ended December 2024 to ₹6,861 crore from ₹5,447 crore a year ago. Sequentially, net profit for Q3FY25 rose 5% from ₹6,539 crore in Q2FY25. The telecom operation of Mukesh Ambani’s Reliance Industries’…
Source: Live Mint Landmark Immigration Consultants IPO, opened for subscription on Thursday, January 16. The ₹40.32 crore book-built issue is garnering a strong response from investors. The grey market premium for the Landmark Immigration Consultants IPO is also signalling a healthy demand for the SME issue in the grey market. Landmark Immigration Consultants IPO Subscription…
