📰 Latest Economy & Stock Market News
Paytm’s valuation should be higher than what we invested: SoftBank CEO
Updated at : 2021-11-08 16:20:01

“I believe they can grow their value going forward… not only Paytm but there are other businesses that we have high expectations of,” SoftBank CEO Masayoshi Son says after announcing his company’s earnings.

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Sun Pharma might finally have a prescription for the specialty dream
Updated at : 2021-11-08 16:20:01

The ramp-up in its specialty business over the past year has increasingly turned skeptics into believers. The company has four major products in the trial phase, which suggests that the specialty drugs portfolio will continue to get refreshed.

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Balrampur Chini Q2 results: Profit up 6% at Rs 83 crore
Updated at : 2021-11-08 16:20:01

Balrampur Chini is one of the leading sugar producers in the country. It has many sugar mills in Uttar Pradesh.

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Buying IPOs for listing gain? Look beyond unicorns, hints grey market trends
Updated at : 2021-11-08 16:20:01

At least eight companies are awaiting listing in November, with as many as three issues kicking off for subscription this week.

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European shares struggle for direction after record run
Updated at : 2021-11-08 16:20:01

The pan-European STOXX 600 was flat as of 0806 GMT after hitting record levels on Friday.

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Britannia Q2 results: Consolidated PAT slumps 23% YoY, misses estimate; sales rise 5.5%
Updated at : 2021-11-08 16:20:01

Britannia’s consolidated total revenue from operations, however, rose 5.5 per cent on-year to Rs. 3,607.4 crore for the reported quarter, which was largely in line with estimates.

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After a 17,500% rally in 2021, does the 'Ethereum Killer' have more steam left?
Updated at : 2021-11-08 16:20:01

Often referred to as the Ethereum Killer by many analysts and experts, Solana has surged more than 17,500 per cent in 2021, making it the fourth largest cryptocurrency by market capitalisation.

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Dalal Street ends higher on brighter economic prospects, new Covid drug
Updated at : 2021-11-08 16:20:01

Risk appetite among investors remained strong as the Indian markets caught up with the bullish global equities on Friday. Indian stock markets were closed for trading on Friday on account of Diwali Balipratipida.

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Do not see major risk in IndusInd Bank stock: Asutosh Mishra
Updated at : 2021-11-08 16:20:01

“I do not see any major impact on IndusInd’s future profitability or business from the whistleblower case.”

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L&T construction arm bags orders worth up to Rs 2,500 crore
Updated at : 2021-11-08 15:20:01

L&T bagged the DRDO order to construct their flight control system facility at Aeronautical Development Establishment, Bengaluru. The project entails construction of a 1.2 lakh square feet facility that would include six floors above the ground floor. The project is scheduled to be fast tracked to be completed in four months.

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