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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
EBITDA of Adani Group companies surged by 32.87% year-on-year to ₹22,570 crore
Group of companies for Q1 FY25.
ANI
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
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
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
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
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…
India's data centre industry a USD 25 billion market opportunity over the next decade: Avendus Report
The data centre industry in India is on the cusp of a transformation driven by advancements in Arti…
ANI
India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran
Financialization is the dominance of financial market expectations trends, and importantly, interes…
PTI
SEBI brings in new norms to regulate finfluencers
Stock market watchdog Securities Exchange Board of India (SEBI) has brought in new norms to regulat…
Confused by the newly introduced Unified Pension Scheme? Here’s all you need to know about how it will work
The Indian government has approved the Unified Pension Scheme, due to become effective by April 1, …
In FY24, 272 companies went public as compared to 164 in FY23: SEBI
India's Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of 272 co…
ANI
India's corporate credit quality is getting stronger: S&P Global
S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, ma…
ANI
Lil Wayne says it 'hurt' that Kendrick Lamar was picked to perform at the Super Bowl. Here's what to know about the controversy.
Kendrick Lamar is set to headline the next Super Bowl halftime show in New Orleans. Some hip-hop fa…
Callie Ahlgrim
Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis
The WSJ reported on Tuesday that the debt for Musk's Twitter purchase has been stuck on banks' bala…
Jennifer Sor
Foreign investors infuse Rs 15,420 crore in Indian markets this week
The foreign portfolio investors have infused Rs 15,420 crore so far this week in the Indian equity …
ANI
A Gen Z left a $70,000 salary in the US and moved to Thailand without a job. He says he's better off financially and happier in Bangkok.
Myles Simms-Aur quit his job and moved to Thailand from Maryland last year. He said he can save mon…
John Towfighi
Stock market closing: Sensex, Nifty end the day in green, Tech Mahindra, Bajaj Finance amongst top gainers
Out of the 2,834 stocks traded during the day, 1,960 saw advances, while 796 others saw decline. …
Five financial lessons to take away from the ICC T20 World Cup
The idea is to diversify, and not put all your eggs in one basket. Have more than one asset class i…
At ₹100 crore, OYO posts FY24 as maiden profitable fiscal: Founder
"While a delighted customer or a hotel partner brings the biggest smile on my face, our first c…