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2024-10-02 13:39:46| The Economic Times

Nike shares fell by about 6% in premarket trading after the company withdrew its annual revenue target, creating uncertainty over its turnaround strategy under new CEO Elliott Hill. Investors remain concerned as the company delayed its investor day, with no definite timeline for recovery provided.


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2024-10-02 13:31:39| The Economic Times

IIFL Home Finance plans its first retail fundraise in three years to diversify its liabilities. Filing a draft prospectus to raise up to Rs 3,000 crore, it aims for an initial fundraise of Rs 300-500 crore this quarter. The strategy follows RBI's move to limit NBFCs' bank borrowing, impacting their usual funding sources.


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2024-10-02 13:04:26| The Economic Times

In Tehran, some celebrated Iran's missile attack on Israel, highlighting the ongoing conflict in the Middle East. Concerns are rising about potential retaliation from Israel and the U.S. The Iranian leadership, including Supreme Leader Khamenei, is responding to the death of Hezbollah's Nasrallah and other setbacks in the region.


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12.10Boeing to lay off 17,000 employees to 'stay competitive'
12.10Gold may slide lower if Middle East tension remains contained. Buy on dips
12.10IPO Calendar: Hyundai India and 2 other issues set to light up primary market next week
12.10FPIs net sell domestic equities worth Rs 58,711 crore in October so far on Sell India, Buy China trend
12.10Block deals worth over Rs 16,400 crore this week. DMart, HDFC Bank among stocks with major action
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