The company said executive chairperson Vishad Mafatlal will steer the operations till it finds a replacement for Welling. While maintaining its 'overweight' rating on the stock with a target price of ₹4,951, Morgan Stanley said it has "taken note of this high attrition in top management" and expects to hear more from the company on plans to tackle the same.

New India has been backed by US reinsurer Chubb in this mega insurance deal for the country's biggest fuel retailer by value, customer touch points and capacity. The policy will be renewed for another year effective October 1.

The Securities and Exchange Board of India's move to put the platform on hold follows writ petitions filed by the Chennai Financial Markets and Accountability (CFMA).

The likelihood of a slowdown in the US and Europe has led to investors and analysts turning cautious about the IT sector's prospects. Most large software services exporters derive a large chunk of their revenues from developed economies. The dim outlook for IT spending has resulted in analysts cutting earnings estimates for these companies.

Securities and Exchange Commission (SEC) said the companies, including Interactive Brokers Corp, Fifth Third Securities and Nuveen Securities, agreed to pay a total of $79 million and admitted they violated the record keeping rules

At 10:02 a.m. ET, the Dow Jones Industrial Average was up 110.59 points, or 0.33%, at 33,776.93, the S&P 500 was up 32.28 points, or 0.75%, at 4,331.98, and the Nasdaq Composite was up 176.48 points, or 1.34%, at 13,377.75.

The euro's share edged up slightly to 19.9% in second quarter, from 19.8% the previous three months. Claims in euros grew 1% in the quarter, but increased 2% from a year earlier

SEBI has directed the country’s largest commodity exchange MCX not to go live with the new Tata Consultancy Services-developed trading platform.

With the second quarter ending on Friday, D-Street will now await results for the quarter gone by. Ahead of the earnings season, let's have a look at IT stocks that saw the maximum jump in sales growth in Q1. (Data source: Ritesh Presswala | Ace Equity)

The Dow Jones Industrial Average rose 216.27 points, or 0.64%, at the open to 33,882.61

The proximity of Vedanta Resources' large bond maturity in January 2024 has increased the likelihood of the company undertaking a liability management exercise, S&P Global said. The parent of Vedanta Ltd has initiated talks with bondholders to help address the company's bond maturities of about $3 billion, including $1 billion in January 2024

Under Moody's base case projection, Tata Power's operating cash flow pre-working capital to debt (CFO pre- WC/debt) will remain solid at 9%-11% over the next two to three years

The proximity of Vedanta Resources' large bond maturity in January 2024 has increased the likelihood of the company undertaking a liability management exercise, S&P Global said. The parent of Vedanta Ltd has initiated talks with bondholders to help address the company's bond maturities of about $3 billion, including $1 billion in January 2024

During Friday's trading session, the BSE Sensex saw an increase of around 320 points, closing the day at 65,828. In the midst of this upward trend, 8 stocks listed on the BSE Financial Services index reached their highest prices in the past 52 weeks. The 52-week high serves as a critical technical indicator to assess a stock's current worth and to predict possible price changes. This figure represents the highest price at which a stock traded over the preceding year.

Discover 11 stocks teetering on the edge of overbought territory with declining RSI. ETMarkets delves into the significance of RSI in stock analysis and the potential risks these stocks may face.

The Relative Strength Index (RSI) is a versatile momentum oscillator that quantifies the speed and change of price movements. RSI values range from 0 to 100 and help investors determine whether a stock is overbought (above 70) or oversold (below 30). Here's why RSI is a crucial tool for investors:

Explore the significance of the Relative Strength Index (RSI) as we analyze 10 stocks that witnessed RSI trading down on September 28, Thursday. Discover why monitoring RSI trends is essential for informed investment decisions.