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Coinbase slumps after reporting lower-than-forecast revenue of $1.24 bn

Coinbase, which blamed market turbulence and lower coin prices during the early portion of the third quarter, posted revenue of $1.24 billion

India-focussed offshore funds, ETFs log $95 mn outflow in Sept quarter

India-focused offshore funds and exchange-traded funds (ETFs) witnessed a net outflow of USD 95 million in three months ended September 2021, making it the 14th consecutive quarter of withdrawal

Tim Cook reveals he owns crypto on a day Bitcoin hits historic high of $68k

Apple CEO Tim Cook has shaken Twitter revealing he personally owns cryptocurrency and has been interested for «a while».

Paytm IPO, India's largest, crawls towards full subscription on Day 3

Institutional investors bid for 1.88 times the shares reserved for them, while retail investors subscribed for 1.5 times the shares on offer

World shares mixed as China reports surge in October inflation

Shares opened higher in Europe after mostly falling in Asia on Wednesday as China reported that inflation surged in October

Strides Pharma hits 52-week low, slumps 9% on weak Q2 results

The management said a muted sales performance accompanied with a drop in gross margins and relatively higher operating costs has led to a negative operating leverage in H1

Xiaomi shares keep sliding while its smartphone ambitions soar

The shares are hovering near their lowest level in more than a year in Hong Kong, having dropped about 40% year-to-date to be among the worst performers on the Hang Seng Tech Index in 2021

Paytm's Rs 18,300 cr IPO fully subscribed with boost from FIIs

Foreign institutional investors (FIIs) sought 4.17 crore shares as against 2.63 crore shares reserved for QIBs.

Latent View Analytics mobilises Rs 267 crore from anchor investors

The company's Rs 600-crore initial public offering (IPO) received bids for 2.62 crore equity shares, against an IPO size of 1.75 crore shares, a subscription of 1.5 times till 10.54 am

Amazon-backed EV maker Rivian raises $11.9 bn in year's biggest IPO

Rivian is hitting the public markets as it looks to make a dent in the electric vehicle market led by Tesla Inc

HEG soars 13% on strong Q2 results; Graphite India rallies 9%

HEG said the company had undertaken an expansion project in past to increase the existing capacity from 80,000 tons to 100,000 tons and the same is going on in full swing

Paytm IPO, India's largest, subscribed 67% by Wednesday noon

Paytm's offer of 48.3 million shares had received 3.3 million bids by 01: 00 PM GMT, according to stock exchange data

Adani Enterprises hits 5-month high; shares surge 21% in 8 days

Shares of Adani Enterprises were trading at their highest level since June 4, 2021

Oil rises in US as crude stock falls unexpectedly after travel ban lift

Brent crude futures climbed 32 cents, or 0.4%, to $85.10 a barrel by 0416 GMT, after rising 1.6% on Tuesday.

Sebi sends notices to NSE, bourse executives for trading halt on Feb 24

NSE submitted a reported on the incident to Sebi and paid a penalty of Rs 25 lakh in July.

KPIT Technologies rallies 32% in 6 days, hits new high on strong outlook

The company said, for FY2022, revenue growth outlook increased to 18 per cent - 20 per cent, and Ebitda margin outlook raised to 17.5+ per cent.

Markets still offer opportunities for long-term investors: Experts at BFSI

Leading money managers also warn of risks emanating from external factors besides frothy valuations in certain pockets in the domestic market

Mahindra & Mahindra surges 7% in two days post Q2 results

With better availability of semi-conductors, the management hopes to maintain the volume growth momentum Q3 onwards

Sebi issues notices to top NSE executives for Feb 24 trade glitch: Report

NSE halted trading at 11:40 am on February 24 and resumed after four hours: the longest such suspension in Indian markets.

Bank of Baroda shares trade weak ahead of Q2 results; here's what to expect

Bank of Baroda Q2 preview: Analysts largely expect the lender's Q2 performance to be remain muted amid meagre loan book expansion and elevated slippages

Nykaa lists at 79% premium to issue price; market-cap crosses Rs 1 trillion

Post listing, shares of Nykaa touched a high of Rs 2,129, up 89 per cent versus the issue price of Rs 1,125

Investing in IPO? Check these key factors before putting your money

Nearly half of the 87 companies that were listed this year are trading below their issue prices. Let's delve into the green and red flags that investors must keep in mind before applying for an IPO

Gold price today Rs 47,990 for 10 gram; silver at Rs 64,800 per kg

The price of gold differs across the nation owing to excise duty, state taxes, and making charges.

MARKETS: SGX Nifty drops 100 pts; M&M, Zomato in focus; Nykaa to list today

Stock market LIVE: Investors may approach the markets cautiously given the possibility of further consolidation

Vinay Rajani expects Oberoi Realty, Manappuram Finance to resume uptrend

The technical analyst from HDFC Securities says that stock specific bullish moves will continue while Nifty consolidates in the 17,800 - 18,200 range

Market Ahead Podcast, Nov 10: Top factors that could guide markets today

Domestic equities may continue to trade sideways in today's trading session as lack of major domestic and global triggers may keep investors on the sidelines

Top headlines: India to tax blockchain system, UK recognises Covaxin

Future Retail goes to the Supreme Court in the latest round of its fight with Amazon. More on that story in Business Standard's top headlines at this hour.

Investing in cryptocurrencies, NFT? Soon, you may have to pay 18% GST

While regulatory uncertainty around cryptocurrencies continues, the tax department might be getting ready to tap into this new area. Here's what crypto and NFT investors need to know about taxation

Dollar wavering with inflation looming as next test for rates

The data due on Wednesday is expected to show U.S. consumer prices galloped and Chinese factory gate prices soared in October

BS BFSI Insight Summit: MFs to stay top choice for investors, say panelists

Transparency, low cost and the variety of investment options offered drive investor preference, says a section of top MF honchos

Sapphire Foods subscribed 49% on Day-1 on strong retail interest

Sapphire Foods is one of Yum's franchisee operators in the Indian subcontinent; it runs KFC, Pizza Hut and Taco Bell outlets

Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold

Business Standard brings you the top stories from today

Top 50 Indian stocks to switch to new settlement cycle only in 2023: Report

The nation looks to push ahead with the trade plus one day or T+1 system, which most global markets are yet to implement, from February next year

Market Wrap Podcast, Nov 9: Here's all that happened in the markets today

The benchmark indices consolidated in trades on Tuesday after two days of decent gains amid tepid global cues

Paytm IPO half covered on Day-2 on interest from retail investors

The firm is eyeing bids worth at least Rs 5,000 cr on the final day. While most bids in any IPO come on the last day, the response so far is nevertheless subdued, said market watchers

Life sciences company Tarsons Products' IPO to open on November 15

The initial share sale of life sciences company Tarsons will open for public subscription on November 15.

World stock markets lower after Wall Street hits record again

Global stock markets were mixed Tuesday after Wall Street hit a record for an eighth day. London opened little-changed while Frankfurt, Shanghai and Hong Kong advanced. Tokyo and Sydney declined. On Wall Street, the future for the benchmark S&P 500 index wa

Cryptocurrency market cap hits $3 trn mark for 1st time, Bitcoin on fire

Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25 on Tuesday

L&T hits new high on winning significant orders; stock up 11% in 6 days

The company's construction arm has secured significant orders (ranging between Rs 1,000 to Rs 2,500 crore) for its businesses in India.
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