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As earnings season begins, major companies' performance reports to decide market movement in coming days
The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…
ANI
Promoters to infuse Rs 1,100 crore in Reliance Infra
The board of the company had on Thursday approved Rs 6,000 crore fund raise plan, of which Rs 3,014…
PTI
10 financial scams that shook India: A dive into deception
From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…
Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'
In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…
Lian Kit Wee
PhonePe Group posts Rs 197 crore profit for FY24
The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…
PTI
EBITDA of Adani Group companies surged by 32.87% year-on-year to ₹22,570 crore
Group of companies for Q1 FY25.
ANI
Maui could soon ban some Airbnbs. Short-term rental owners say it will be financially devastating for them.
Maui could soon phase out 7,000 short-term rentals to address the housing issue. One property owner…
Kelsey Vlamis
A Goldman Sachs financial advisor shares 3 strategies for founders preparing to cash in on IPO wealth
An IPO can transform a founder's life overnight by generating a sudden cascade of wealth. A top wea…
Reed Alexander
School's out, and parents' financial stress is in
Summer can be a money pit for parents scrambling to keep their kids entertained in July and August.
Dan DeFrancesco
Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?
This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…
Tata Power net profit up 31% to ₹1,189 crore in June quarter
According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…
PTI
Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore
The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …
PTI
I'm teaching my kids financial literacy and self-compassion. My immigrant parents didn't have the tools to do the same for me.
I'm a mom of two and I'm teaching my kids about financial literacy, emotions, and being self compas…
Susanna Semerdzhyan
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
How 4 possible presidential election results could impact stocks
UBS says a Kamala Harris presidency and split Congress is the most likely outcome, and thinks that …
Filip De Mott
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Tamil Nadu power distribution company increases electricity tariff to cover financial loss
The state power distribution company said that the total financial loss of the Tamil Nadu Power Gen…
ANI
Bills and bonds: Financial stress hinders communication among couples, study finds
When it comes to relationships, communication is key. But while ‘money talks’, money-related talks …
Analyst blasts American Airlines for troubling 'lack of vigor' and action to improve financial performance
JP Morgan analysts criticized American Airlines, which reported a 46% decline in Q2 2024 profits, f…
Benjamin Zhang
Stock market closing 11 July: Markets close flat as auto, pharma and healthcare indices lag
India VIX shed 3.03% during the day. Nifty microcap gained, while auto, healthcare, pharma, and rea…