Latest Corporate News
S&P 500 and Nasdaq Hit Fresh Record Highs on Strong US Jobs Data and Tech Earnings
Global markets closed strongly with upbeat US jobs data and blockbuster tech earnings driving the S&P 500 and Nasdaq to new highs. Nifty stayed above 24,000 led by auto stocks.
SBI Reports Strong Credit Growth Outlook for FY27 Amid Robust Loan Demand
SBI expects better net interest and margin trajectory in FY27 with 13-15% credit growth. Management highlights strong corporate loan demand and no stress despite global uncertainties. April credit trends remain robust.
Titan Delivers Mixed Q4 with Jewelry Growth Offset by Margin Pressure
Titan reported strong jewelry sales growth but faced profitability weakness due to margin pressures in Q4 FY26. Results were mixed versus expectations.
Tata Consumer Posts 29% Profit Jump but Misses Estimates on Margins
Tata Consumer reported 29.2% net profit rise to 1124 crores, driven by 16% domestic volume growth beating 10% expectations. EBITDA margin fell to 7.2%, missing estimates.
Swiggy Delivers Strong Q4 Numbers in Consumption Basket Focus
Swiggy posted another robust Q4 FY26 set of results, keeping Dalal Street buzzing alongside other consumption stocks. Performance highlighted strong underlying growth.
US Trade Court Rules Trump's 10% Global Tariffs Unlawful
The Court of International Trade deemed Trump's global 10% tariffs illegal in a 2-1 decision, citing misreading of 'balance-of-payments deficits' in the 1974 Trade Act. DOJ appealed immediately; tariffs expire late July.
Canada Loses 18,000 Jobs in April, Unemployment Rises to 6.9%
Statistics Canada reported an unexpected 18,000 job loss, pushing unemployment to 6.9%, with manufacturing hit hard by tariffs. Young workers bore the brunt; 112,000 jobs lost year-to-date.
Canadian Manufacturing Suffers Amid US Tariff Impacts
Manufacturing lost jobs despite Trump's US build push, with sector persistently soft. Overall Canadian jobs market stable except tariff-exposed areas. US unemployment steady at 4.3%.
Nifty50 Gains Second Straight Week Above 24,000 Mark
India's Nifty ended above 24K for a second week, driven by auto stocks and major earnings from SBI, Titan, Tata Consumer, and Swiggy. Dalal Street buzzed with activity.
Geopolitical Tensions Influence Markets with Trump Ceasefire and Iran Talks
Trump's 3-day Russia-Ukraine ceasefire from May 9 and prisoner swap, plus Iran peace talks and Strait of Hormuz concerns, shape global sentiment amid market highs.
Supreme Court Earlier Blocked Trump's First Tariff Round
This ruling marks the second time Trump's tariffs were found illegal, following Supreme Court affirmation of a prior Court of International Trade block. Injunction granted to small businesses and Washington state.