Oil prices steadied ahead of the upcoming meeting between Chinese leader Xi Jinping and US President Donald Trump. Brent crude was below $106 a barrel after declining 2% in the earlier session. West Texas Intermediate was close to $101 a barrel. Trump, who is scheduled to meet Xi in Beijing on Thursday, told reporters this…
Shares of LIC Housing Finance Ltd. are in focus on Thursday, May 14, after the company reported its fourth quarter earnings a day prior after market closing hours. LIC Housing’s profit after tax for the March quarter increased by 9% from last year to ₹1,497.41 crore. The figure was up 8% from the previous quarter….
Indian Oil dividend 2026 date: Along with the quarterly results, public sector undertaking (PSU) Indian Oil Coporation is also set to announce a monetary reward as a dividend for its shareholders. Indian Oil Dividend 2026, Indian Oil Q4 Results FY26 date: As the earnings season is underway, several companies have been sharing their earnings for…
Cisco said on Wednesday it would cut nearly 4,000 jobs as part of a restructuring aimed at shifting investment toward artificial intelligence and related growth areas, and raised its annual revenue forecast after a surge in hyperscaler orders. Shares of the San Jose, California-based networking equipment maker rose more than 16% in extended trading. “The…
Free Trade Agreements (FTAs), reduction in import tariffs and improvement in business environment would encourage higher net foreign capital inflows into India, which have moderated in recent years, ADB Chief Economist Albert Park has said. During 2021-22, India attracted net foreign direct investment (FDI) of USD 38.6 billion, which came down to USD 28 billion…
Samsung Electronics Co. and its major labour union are scheduled to begin critical negotiations on Monday in an effort to prevent a strike that the country’s prime minister warned may have disastrous effects on the economy. The largest memory chip manufacturer in the world, Samsung, has announced an operating profit that skyrocketed due to artificial…
Shares of Bharti Airtel Ltd. opened higher on Thursday, May 14, after the telecom major reported its Q4FY26 earnings and announced a restructuring of its Airtel Africa shareholding. Airtel’s board has approved the acquisition of a 16.31% stake in listed Airtel Africa from ICIL, a promoter entity controlled by Sunil Bharti Mittal, in exchange for…
Shares of Bharti Hexacom Ltd. are trading over 1% higher on Thursday, May 14, after the telecom operator reported a steady set of earnings for the March quarter. Revenue for Q4FY26 rose 2.3% sequentially and 5.4% year-on-year, while EBITDA margin remained largely stable at 54.4% compared to 54.3% in the previous quarter. Average revenue per…
The combined market valuation of nine of the top 10 valued firms eroded by ₹3.12 lakh crore last week, with Reliance Industries taking the biggest hit. Last week, the 30-share BSE Sensex plunged by 2,090.2 points, or 2.7%, while the 50-share NSE Nifty declined 532.65 points, or 2.2%. “Markets ended the week lower, breaking out…
Foreign investors continued to pare their exposure to Indian equities, withdrawing ₹27,048 crore so far this month, indicating cautiousness among global investors amid an evolving global macroeconomic and geopolitical environment. With this, total outflows by Foreign Portfolio Investors (FPIs) from the equity market have reached ₹2.2 lakh crore in 2026, higher than the ₹1.66 lakh…
