India’s RBI tightens cyber checks on lenders after spate of hacks NEW DELHI: The Reserve Bank of India (RBI) has asked banks to step up their cybersecurity measures and demonstrate compliance with existing rules amid a rise in attacks on financial institutions. According to three people familiar with the matter cited by Reuters, the central…
Trent share price jumps 7% NEW DELHI: Trent shares jumped almost 7% on Friday after the Tata Group’s retail arm reported a strong 25% year-on-year increase in consolidated net profit for the September quarter.The stock climbed 6.73% to Rs 3,059 on the BSE, while its NSE-listed shares gained 6.92% to Rs 3,060. The rally added…
File photo: BLS Polymers logo MUMBAI: The Rs 255 crore IPO of BLS Polymers was subscribed a little over 241 times, making it one of the highest subscribed primary offers in recent times. Compared to nearly 1.2 crore shares on offer, total bids at the upper end of the Rs 141-150 per share price band…
Amazon cloud business accelerates but shares drop on profit miss Amazon shares fell sharply in after-hours trading on Thursday (local time) as heavy artificial intelligence investments and a weaker-than-expected earnings performance overshadowed accelerating growth in its cloud computing business.The e-commerce and technology giant’s shares dropped as much as 7% after it reported third-quarter results that…
Brent futures gained 86 cents, or 0.75%, to $115.74 a barrel Crude oil prices continued their upward march on Friday, with Brent crossing $115 a barrel as attacks on Saudi energy infrastructure and mounting risks to shipping in the Gulf heightened fears of supply disruptions. The benchmarks were also heading for their fourth consecutive monthly…
The $500 billion wipeout marked the second-largest single-day loss in market value recorded by a company, after chipmaker Nvidia lost nearly $600 billion in early 2025 Shares of Google parent Alphabet plunged more than 12% on Thursday, wiping out around $500 billion in market value in one of the biggest single-day losses in stock market…
The Sensex and Nifty are likely to open higher after gaining over 1% each in the previous session, supported by strong corporate earnings. However, surging crude oil prices above $117 a barrel amid renewed Middle East tensions could cap gains. Asian markets traded lower amid AI-related concerns, while foreign investors turned net sellers of Indian…
File photo: Sagility logo MUMBAI: IIFL Capital on Thursday night launched a block deal for up to 56 crore shares of Sagility Ltd that could be worth nearly Rs 2,400 crore or about $250 million. Netherlands-based Sagility BV, a promoter group entity, is the seller. Source link
Suspected hack hits world’s largest crypto exchange Binance (Reuters photo) Binance, the world’s largest cryptocurrency exchange, said on Thursday that $2.54 billion worth of crypto assets had been frozen as it investigated a possible security breach. Stablecoin issuers Circle and Tether also froze assets linked to the incident, news agency Reuters reported.“Binance will cover all…
