Lloyds

Shares of Lloyds Metals and Energy rallied 9 per cent to Rs 1,461, hitting a new high on the BSE in Friday's intra-day trade on the back of over three-fold jump in trading volumes

Shares of Lloyds Metals Energy hit an all time high of Rs 1,099 per share, rising 4.57 per cent on the BSE in Monday's intraday trade

Long-term steel demand buoyancy augurs well for the company and it is well-positioned to capitalise on the existing and emerging opportunities in the market, believes the management.

Rival Barclays also slashed thousands of jobs last year, with the majority falling in the bank's back office support unit, Reuters first reported in November

The company's total income for Q2FY24 stood at Rs 1,111.23 crore, compared to Rs 686.36 crore year-on-year

Since 2021, the stock price of Lloyds Metals has skyrocketed 5,686 per cent to Rs 582.70 from level of Rs 10.07 at the end of December 2020.

The company said that the revenue growth in Q3FY23 was driven by volume and price growth in both sponge iron and iron ore

The company clarified that these approvals are preliminary and require a series of regulatory and internal approvals

Inflation pressures in the UK economy showed only limited signs of abating in November, with companies expecting to raise prices by 5.7% in the coming 12 months

In the past one year, the market price of Lloyds Metals has zoomed 1,301 per cent - from level of Rs 13 to Rs 183.3 now - on improved operational performance

Credit Suisse is working to rebuild its management ranks after the $5.5 billion hit related to losses from prime brokerage client Archegos

Better than expected performance, market share gains in room ACs improve earnings outlook

The firm posted a 2.3 billion profit for the same period last year

Lloyds' base case for GDP decline in 2020 was unchanged at 5%

Havells, which owns the Lloyd brand, expects its non-AC business to contribute 50-60% of its consumer durables business

The lawmakers said allegations that HBOS had concealed the fraud, one of Britain's worst-ever banking scandals, should be subject to full, forensic and expeditious investigations by regulators

No time frame for the move was given by the company to its employeees

The latest cuts coincide with the biggest upheaval for British banks since UK decided to leave EU