Shares of Abbott India rose 5 percent in early trade on May 10 as investors rejoiced in the company's strong performance in the January-March quarter. Meanwhile, the company also rolled out its highest-ever dividend payout, which attracted a flurry of investors to lap up the stock.At 09.17 am, shares of Abbott India were trading at Rs 26,419.20 on the NSE.The drugmaker's board approved a dividend ...

Indian benchmark indices gained on May 10 following upbeat trends in global markets, with NSE Nifty 50 rising above 22,100, and BSE Sensex climbing over 500 points. The gains come after the previous session's plunge, which dragged the benchmark indices down about 1.4 percent, with Nifty closing below the psychological mark of 22,000.At 9.30 am,  the Sensex was up 530 points or 0.7 percent at 72,9...

Russian Foreign Ministry spokesperson Maria Zakharova said that the United States (US) wants to unbalance the domestic political situation in India to complicate the ongoing general parliamentary elections in the country.Her remarks came days after the US Commission on International Religious Freedom (USCIRF) criticized India for alleged violations of religious freedom. It has also renewed its rec...

Sensex and Nifty 50 extended losses made from early trade and were down for the fourth session amid nervousness about the general elections.Larsen  & Toubro, the worst-hit Nifty 50 company, pulled the index down. The stock fell nearly 5 percent after the company reduced its future margin guidance to 8.2-8.3 percent for FY25 to bake in supply chain disruptions, an uncertain political environment, ...

Here is a collection of the most important stories this morning:Counsel, don't sell, Byju's Raveendran tells staff; does away with sales call targets, slashes course pricesEmbattled ed-tech Byju’s, earlier known for its aggressive sales practices, has switched gears to a more empathetic selling approach to revive revenues and boost sagging morale.Sensex, Nifty extend losses, election uncertainty...