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2 mins read
ONGC declares highest ever standalone profit in FY24
The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oi…
ANI
1 min read
Oil giant Shell says it will spend $4 billion buying back shares, as it reports its highest ever annual profit
The oil giant made its biggest annual profit ever last year as its natural-gas business boomed, tha…
Zinya Salfiti
1 min read
HAL records its highest ever revenue of ₹24,000 crore in FY 2021-22
Public sector Hindustan Aeronautics Limited (HAL) has reported its highest ever revenue of over Rs …
1 min read
Oil giant Rosneft plans to pay out record dividends amid intensifying sanctions and Russia stands to be the biggest winner
Rosneft posted record profits last year thanks to an oil price rally as demand recovered on easing …
Huileng Tan
3 mins read
Dividends of 7 top oil majors face a mounting risk of being cut, a top analyst warns
"Dividends are at much greater risk, we believe, this cycle, compared to last cycle, because they'r…
Benji Jones,Benji Jones
3 mins read
4 reasons that workers quitting at a record pace means the economy will come back stronger than ever
The wave of quits suggests Americans are confident in their odds to find a better-paying job. It al…
Ben Winck
3 mins read
Bank of America explains why financial stocks have become the best source of rich dividend payments - and pinpoints 9 to buy right now
"Today, the biggest contributors to index dividends are tech and financials - both of which have lo…
Akin Oyedele
11 mins read
Over 1,500 California fires in the last 6 years - including the deadliest ever - were caused by one company: PG&E. Here's what it could have done, but didn't.
"We should not have to be here - years and years of greed, years and years of mismanagement, partic…
Morgan McFall-Johnsen
19 mins read
Hedge fund managers are describing a presentation on a Florida insurer as the best short pitch they've ever seen
This statement is patently false, irresponsible and defamatory. UVE's reinsurance program exceeds …
Julia La Roche
3 mins read
S&P 500 CLOSES ABOVE 2,000 FOR THE FIRST TIME EVER: Here's What You Need To Know
2. Durable goods orders surged 22.6% in July due to an expected spike in aircraft orders. In July, …
Sam Ro
3 mins read
AOC's speech at the DNC shows just how much she's changed
Rep. Alexandria Ocasio-Cortez, once seen as an insurgent looking to disrupt the Democratic Party, h…
John L. Dorman
4 mins read
Tata Motors Q4 consolidated net profit jumps over 3-fold at ₹17,528.59 crore
Total consolidated revenue from operations stood at Rs 1,19,986.31 crore, as compared to Rs 1,0…
PTI
2 mins read
You can invest in crypto for fun or gold 'out of superstition,' but both lack intrinsic value, says billionaire Howard Marks
"Gold is a little more tried and true but it also lacks any kind of analytical raison d'etre," he s…