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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
Singapore Airlines to invest additional Rs 3,195 cr in Air India post-Vistara merger
Singapore Airlines is set to invest an additional Rs 3,194.5 crore in Air India following the Vista…
PTI
Stock market ends lower on Monday; Investors eye Hyundai listing and RBI minutes
Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the to…
ANI
Swiggy IPO subscribed to 2.13 times on last day of the offer
Swiggy's IPO closes today, having received strong interest from QIB and employees. The company aims…
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
What can you expect from the US Fed meeting later this week? Here's all you need to know
The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…
SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it
Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…
Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.
Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…
Filip De Mott
Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying
The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.
Nifty, Sensex in freefall today as Iran mounts attack on Israel. Here's what experts think you should do
The war could throw a huge spanner on India's crude oil import plans. As of August 2024, about 44.6…
Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…
Indian markets ease as profit booking follows record-breaking streak
Market participants were primarily focused on locking in gains after the indices reached record hig…
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
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
The economy is facing a 'no-landing' scenario that undercuts the financial relief many Americans hoped for
Robust economic data may mean the Fed has less urgency to cut interest rates, hurting the prospects…
Jennifer Sor
Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says
Policy proposals from both Trump and Harris would add trillions to US debt, which could hurt invest…
Kelly Cloonan
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.