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SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharply

SBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. However,…

US stocks today: US stocks open lower after AI rout; SpaceX worries hit telecoms

Wall Street's main indexes open lower as investors remain cautious after a sharp selloff in AI-linked stocks. Telecom shares also fall on concerns that intensifying…

Bharat Electronics among 4 Sensex stocks to hit 52-week lows; shares fall up to 9% in a month

Four Sensex stocks, including Bharat Electronics, NTPC, Power Grid Corporation and Hindustan Unilever, touched fresh 52-week lows on Friday as the benchmark index declined. The…

Dr Reddy’s Q2 Results: Net profit falls 36% YoY to Rs 913 crore, revenue declines marginally

Dr Reddy’s Laboratories reported a 36% year-on-year profit decline to Rs 913.4 crore in Q2 FY27, while revenue slipped 1.5%. North America weakness pressured performance,…

Infosys ADRs plunge 7.5% in pre-market after company trims annual revenue growth forecast

Shares of Infosys fell in US pre-market trading after it reduced its revenue growth forecast, raising concerns about weak demand for major technology projects and…

Only 15% of midcap stocks above 50-DMA: Is buying the dip getting riskier? JM Financial spots signs of leadership shift

JM Financial warns midcap and smallcap leadership may weaken as market breadth deteriorates sharply. Largecaps show early recovery signals, but investors should remain cautious. Nifty…

NBFC stock crashes 25% in month, but ICICI Securities sees a potential 50% rally - Do you own it? Check target price

Aye Finance shares fell about 25.56% in a month, but ICICI Securities sees 50% upside and retains a Buy rating. It cut its target price…

UBS acquires 4.8% stake in 360 ONE WAM: What the warrant conversion means for India's wealth market - Decoded

UBS has acquired a 4.8% stake in Indian wealth manager 360 ONE WAM by converting warrants into 20.5 million equity shares. The investment follows a…

Pepsi renews Taco Bell partnership days after KFC switches to Coca-Cola in US: How the two have been linked for decades?

The development comes at a difficult time for PepsiCo, which has been trying to improve the performance of its salty snacks business. The company has…

Yes Bank AT1 bonds: Supreme Court overturns write-off, but will investors get coupon payments? What's the entire matter

Yes Bank is unlikely to pay coupons due this year on its AT-1 bonds, despite the Supreme Court overturning their 2020 write-off. The bank is…

US Stock Market Live Updates: US stocks open lower after AI rout; SpaceX worries hit telecoms