You Searched For "Asset impairment" and got 20 results
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3 mins read
Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs
Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…
1 min read
Bitcoin's 72% rally to start 2023 helps push Michael Saylor's MicroStrategy to its first profitable quarter in over 2 years
The company is the largest holder of bitcoin, and added 7,500 bitcoins in the first quarter of the …
Phil Rosen
3 mins read
Honasa Consumer IPO subscribed 7.6x with aggressive QIB push
The response was tepid for all classes of investors.The issue allocates 10% of the offer to retail …
2 mins read
Tesla's bitcoin holdings fell nearly $1.8 billion in value last year, as Elon Musk called crypto a 'sideshow'
A bloodbath for crypto in 2022 saw Tesla's $1.5 billion bet on bitcoin backfire, as Elon Musk's car…
Ryan Hogg
2 mins read
Michael Saylor still sees bitcoin as a safe haven for investors, even after MicroStrategy's holdings shed $1.3 billion in value last year
"The only real safe haven for an institutional investor is bitcoin," Saylor said on MicroStrategy's…
George Glover
2 mins read
These are the 5 most pressing questions about the bullish 'resilience' thesis of the stock market and the economy
"Jobs are the lynchpin of confidence, and layoffs so far have been ringfenced to Silicon Valley and…
Matthew Fox
1 min read
Block slides as drop in bitcoin revenue dents 2nd-quarter earnings for the Cash App parent
Bitcoin's price dropped by nearly 60% during the second quarter but has recovered slightly to trade…
Carla Mozée
1 min read
Michael Saylor to step down as MicroStrategy CEO as the software maker records $917 million charge on bitcoin investment
Saylor will become MicroStrategy's executive chairman and said he'd focus more on the company's bit…
Carla Mozée
1 min read
Jeremy Siegel says the crypto meltdown sparked by FTX's implosion is not a Lehman Brothers moment and won't spread contagion to stocks
"When Lehman went under, I had money in banks and all the rest. I said to myself thank god the Fed …
Matthew Fox
12 mins read
Inside a prison healthcare company's ownership shell game
Experts say YesCare's corporate structure was highly unusual and may have been designed to divert p…
Dakin Campbell,Nicole Einbind…
2 mins read
De-dollarization fears are overblown, but rising debt and US brinkmanship are top threats to the greenback, Bank of America says
"Therefore, the key threats to the USD's dominant role seem largely domestic, as opposed to competi…
Filip De Mott
4 mins read
Dish TV minority shareholders seek EGM, removal of two independent Directors
"The existing independent directors have a long-term association with Dish TV and Essel group…
PTI
2 mins read
Dollar dominance could give way to a new regime that includes the euro, yuan, CBDCs, and maybe something 'we have yet to see'
"Within the next decade or two, there is great potential for regionally-dominant currencies and a m…
Filip De Mott
4 mins read
Sensex, Nifty50 tumble in morning trade: HDFC twins, SBI, ONGC amongst top losers
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Wednesday amidst nega…
2 mins read
Yes Bank shares tumble after rallying 26% in the last five days – analysts recommend caution
Global brokerage firm Morgan Stanley initiated coverage of Yes Bank, giving it an ‘underweight’ rat…
4 mins read
Earnings to remain volatile in FY24, but some sectors will benefit from lower energy prices, says Aditya Birla Sun Life MF’s CEO A Balasubramanian
Aditya Birla Sun Life Mutual Fund CEO, Balasubramanian, believes that investors should be bullish o…
6 mins read
A spectacular attack in Crimea is part of Ukraine's effort to 'evict' Putin's navy from a prized Black Sea base, experts say
Attacks have driven away Russian ships, denying them safe harbor, and may be leaving it with few op…
Jake Epstein,Chris Panella
2 mins read
The Bank of England says $1 trillion could have been erased from UK pension funds' investments if it hadn't stepped in following budget turmoil
The BoE's maneuvering after the mini budget was announced may have prevented $1 trillion from being…
Zahra Tayeb
1 min read
Bitcoin-bull Mike Novogratz's Galaxy Digital loses $555 million in 2nd quarter amid crypto winter
The crypto firm's second-quarter losses were more than triple those from a year earlier.
Phil Rosen
2 mins read
A year after Elon Musk's Tesla bought bitcoin, here are 3 risks companies take when putting it on their balance sheet, investment strategist says
The penalty for losing corporate cash by investing in volatile assets like bitcoin can be "severe,"…