financetom
Business
financetom
/
Business
/
Newsletter | OpenAI CEO Sam Altman meets PM Modi; BYJU'S rolls out AI technology to enhance learning & more
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Newsletter | OpenAI CEO Sam Altman meets PM Modi; BYJU'S rolls out AI technology to enhance learning & more
Jun 9, 2023 3:04 AM

Here's a rundown of 11 significant news stories to keep you in the know:

Share Market Live

NSE

#MostRead ⚡

An Indian palace is No 1 among the world's most luxurious hotels

Tripadvisor recently announced the winners of its 2023 Travellers' Choice Best Hotel Awards. This was the 21st edition of the awards aligned with the summer travel season to inspire those who wish to live in ultra-luxury while holidaying around the world. The online travel agency analysed 12 months of review data from real travellers covering over 1.5 million hotels. Here's a look at the Top Best Hotels in the World, according to the Tripadvisor awards.

Explained | Why Indian Energy Exchange shares fell over 8% on June 8

Indian Energy Exchange (IEX) shares tumbled more than 8 percent in the last 30 minutes of trade on Thursday, June 8, on the back of the fact that some analysts have taken note on a June 2 circular, which noted that the Power Ministry has directed Central Electricity Regulatory Commission (CERC) to undertake the process of consultation and implementation of market coupling in a timely manner. At close, shares of IEX declined 8.47 percent to Rs 136.10 apiece. With this, the exchanges would be reduced to just a bid aggregation platform as price discovery would be done by a super exchange, most likely a government entity.

#JobsMarket

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Affirm Has 'Underappreciated' Upside Drivers for Sustained Strong Growth, Morgan Stanley Says
Affirm Has 'Underappreciated' Upside Drivers for Sustained Strong Growth, Morgan Stanley Says
Aug 26, 2025
10:56 AM EDT, 08/26/2025 (MT Newswires) -- Affirm Holdings ( AFRM ) has some underappreciated upside drivers that can sustain robust growth for the payment company, Morgan Stanley said in an earnings preview Tuesday. The investment bank said it expects Affirm to continue experiencing strong growth because of upside drivers such as its Fidelity National Information Services ( FIS )...
Lululemon athletica Stock Could Rebound if Q2 Sales Meet Guidance, BofA Says
Lululemon athletica Stock Could Rebound if Q2 Sales Meet Guidance, BofA Says
Aug 26, 2025
10:59 AM EDT, 08/26/2025 (MT Newswires) -- Lululemon athletica's (LULU) stock could recover from its current lows if the company can deliver fiscal Q2 sales growth of 7% to 8% as guided and maintain similar momentum into H2, BofA Securities said in a note Tuesday. The analysts said that the stock is currently trading at less than 12 times price-to-earnings...
Update: Market Chatter: Fivespan Partners Builds Stake in New York Times
Update: Market Chatter: Fivespan Partners Builds Stake in New York Times
Aug 26, 2025
10:59 AM EDT, 08/26/2025 (MT Newswires) -- (Updates with response from The New York Times ( NYT ) in the fifth paragraph.) Activist investment firm Fivespan Partners has built a stake in The New York Times ( NYT ) , Bloomberg reported Tuesday, citing a letter to Fivespan investors. Fivespan is urging the company to use artificial intelligence to increase...
Constellation Brands' Beer Gross Margin Being Dependent on Operating Leverage Signals Risk, BofA Says
Constellation Brands' Beer Gross Margin Being Dependent on Operating Leverage Signals Risk, BofA Says
Aug 26, 2025
10:58 AM EDT, 08/26/2025 (MT Newswires) -- Constellation Brands' ( STZ ) beer gross margin profile being dependent on operating leverage signals risk, BofA said in a Tuesday research note. Constellation Brands ( STZ ) might be able to salvage its margin targets with more cost savings, marketing spend, BofA said, adding that if gross margin further erodes on lower...
Copyright 2023-2026 - www.financetom.com All Rights Reserved