India may have a trade problem on hand. According to the latest estimates put out by the Ministry of Commerce, the merchandise trade deficit for the month of July could cross (hold your breath), $31 billion. In June, the merchandise deficit had cross

On Tuesday, the markets were already rife with reports that Uber Technologies, the holding company of Uber, would be selling its stake in Zomato. Incidentally, Uber Technologies held a whopping 7.8 stake in Zomato and on Wednesday it managed to exit

On 2nd August 2022, Siemens announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - The Consolidated revenue for the quarter was Rs. 4258.3 Crores, up by 52.7 Yo-Y. - PBT was at Rs. 407.8 Crores

Gautam Adani is not known to play small stakes. However, in the 5G spectrum auctions, Adani paid spectrum fees of just Rs212 crore while Reliance Jio paid spectrum deposit that was more than 40 times that amount. Even Bharti Airtel paid earnest money

Most of the FMCG stocks have had a good run. In fact, the latest quarter results of most FMCG companies were quite impressive. They managed to grow their top line and also used price hikes skilfully to offset the impact of higher input costs. However

At one point, it looked like the rupee would break beyond Rs80/$ and move towards 81 and 82/$. However, the sentiments changed sharply in the first two days of August 2022 as the rupee appreciated from 80/$ to 78.5/$. Of course, the rupee did weaken

Looking for stocks that could deliver good returns till August 04? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a stock opening with a gap-up and wish they sho

On 2nd August 2022, Indus Towers announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - The Consolidated revenue for the quarter was Rs.6,897 Crores, up 1 Yo-Y. - Consolidated EBITDA was at Rs.

Check out the midcap companies making headlines in Wednesday’s session. Among the midcap companies, Persistent Systems, Kansai Nerolac, Indraprastha Gas, Bharat Heavy Electricals Ltd and Vodafone Idea are among the stocks in the news on Wednesda

GATI disclosed their Q1 results yesterday after market close. On August 3, the market is slightly trading in red. At 12:20 pm, S&P BSE Sensex is down 0.39 from its previous close and trading at 57909. There is a lot of stock-specific ac

The shares of the company rallied after it reported robust quarterly results. RPG Life Sciences Ltd, part of RPG Enterprises, is an integrated pharmaceutical company operating in the domestic and international markets in the branded formulations,

On 2nd August 2022, Bosch Ltd announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - The company posted total revenue from operations of Rs. 3,544 crores (419.4 million euros) in the first quarter of FY2022–