Category: Market
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TVS Electronics gains despite receiving Rs 36-crore notice from customs
For the quarter ended September, the net sales of the company stood at Rs 92.19 crore. TVS Electronics shares gained a percent in the early trade on December 8 despite the company receiving a notice of Rs 35.58 crore from the Chennai customs department over the import of thermal line printers. TVS Electronics will file an…
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Buzzing Stocks: Zomato, Maruti Suzuki, TVS Electronics, IIFL Securities, IRCON, others in news
December 08, 2023 / 06:26 AM IST Zomato: Japan’s SoftBank is likely to sell Zomato shares worth $135 million via a block deal, sources told CNBC-TV18. In rupee terms, this amounts to Rs 1,125.5 crore. The shares will be sold at a price of Rs 120.50 per share. Maruti Suzuki India: The country’s largest car…
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Morgan Stanley and Wells Fargo are making headlines. Here’s our take on the news
Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of three industry developments that impact Wells and our other bank name, Morgan Stanley (MS). Wells Fargo said this week that more layoffs are on the horizon for 2024, as the bank doubles down on efficiency…
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Facing fines, cluttered aisles and late-night mockery, Dollar General's returning CEO tries to drive a turnaround
Dollar General has gotten hit by steep fines for safety violations, slammed on late-night TV and even overruled by its own shareholders. On Thursday, CEO Todd Vasos laid out on an earnings call with investors the discounter’s plans to try to turn around both the company’s performance and its public relations problems. He said the…
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QR codes may be a gateway to identity theft, FTC warns
Westend61 | Westend61 | Getty Images You may want to think twice before scanning that QR code. The codes — a digital jumble of black and white squares, often used for storing URLs — have become seemingly ubiquitous, found on restaurant menus and in retail stores, for example. However, they can pose risks for the…
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Gainers & Losers: Top 10 stocks that moved the most on December 7
December 07, 2023 / 05:17 PM IST After posting stellar gains for the past seven sessions, the benchmark indices took some breather on December 7 with Nifty falling below 20,900 amid selling in the capital goods, FMCG, Information Technology and metal stocks. At close, the Sensex was down 132.04 points or 0.19 percent at 69,521.69,…
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Tata Power surges 9% to record high after JM Financial upgrades stock, raises target price
Tata Power’s earnings will be buoyed by an expanding asset base and an enhanced margin profile: JM Financial Shares of Tata Power soared around 9 percent on December 7 to hit a fresh record high after brokerage firm JM Financial upgraded the stock to ‘buy’ rating from hold earlier. The brokerage also raised its price…
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Latest News | Latest Business News | BSE | IPO News
Stocks to watch: Check out the companies making headlines before the opening bell today, on December 7, 2023. Source link
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Why Cramer is in 'wakeup-call mode' on Starbucks
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. U.S. equities edged up in midmorning trading Wednesday after two-straight days of declines, with the S & P 500 gaining 0.15%. Bond yields, meanwhile, pulled back slightly, with that…
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Gainers and Losers: 10 stocks that moved the most on December 6
Lord’s Mark Industries aims to raise Rs 500 crore in the equity market. Another day, another high. The record run of the equity benchmarks continued for the third day, with the Sensex closing 357.59 points, or 0.52 percent, higher at 69,653.73 and the Nifty 82.60 points, or 0.40 percent, higher at 20,937.70. Adani Total Gas…