Searched for
CORPORATE PROFITS
Petrol pump UPI payments above Rs 2,000 to stop from October 16 in Madhya Pradesh: Dealers cite 0.4% MDR charge; debit and credit cards to remain availablePetrol pump UPI payments: Petrol pump dealers in Madhya Pradesh will stop accepting UPI payments above Rs 2,000 from October 16, citing a p...
Quote of the day by Fred Schwed Jr: "The principle of “managed” investment trusts is absolutely sound, granted only one premise. The premise is that there are somewhere people of such experience and insight that they can predict with some sort of accuracy the future behavior of securities"Fred Schwed Jr. questions the premise behind professionally managed investments: that experts can predict securities’ future behaviour with...
State-owned Balmer Lawrie to demerge Travel & Vacations unitBalmer Lawrie's board approved demerging its travel unit into a subsidiary. This move aims for operational agility and significant revenue ...
Manika Plastech shares list flat at IPO price of Rs 43 on BSE, NSEManika Plastech shares made a flat debut at Rs 43 on both BSE and NSE, despite strong subscription demand for its Rs 125.50 crore IPO. The ...
Tiger Global-backed Moneyview sets IPO price band for Rs 1,092-crore offer. Check key dates, other detailsMoneyview has set its IPO price band at Rs 32-34 per share, with the Rs 1,091.61 crore issue opening on September 24. The IPO comprises a f...
Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
SME IPO: Liqvd Digital India issue to open on Sep 23; price band fixed at Rs 51-54Liqvd Digital India is gearing up for its Rs 39-crore initial public offering, set to open for subscription on September 23. With a price r...
BoJ has room to accelerate rate hikes as inflation pressures build: ReportJapan is witnessing a surge in underlying inflation, driven by escalating producer prices and wage growth. While government subsidies are c...
Anthropic, OpenAI, SpaceXAI, Google face federal antitrust lawsuit over calls to slowdown AI developmentAccording to a news report by Politico, the complaint filed in the Northern District Court of California, claims that public statements mad...
India's net direct-tax collections rise 13% to Rs 12.10 lakh crore on strong advance-tax growthIndia's net direct-tax collections saw a nearly thirteen percent rise. Advance tax payments grew over sixteen percent, boosting overall col...
The right profit, the wrong story: How segment reporting can mislead investorsSegment reporting is supposed to be a window into each business a company runs. In some cases, it has become a source of dispute. Auditors ...
Veegaland Developers shares list at 10% premium over IPO price on NSEThe Rs 210-crore public issue was priced at Rs 140 per share and comprised entirely of a fresh issue of 1.50 crore shares. Since the IPO ha...
New-age brokers Groww, Zerodha, others to write to Sebi on UPI MDR: SourcesThe representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raising the zero-MDR threshold from Rs 2...
In 1982, Paul Newman started selling salad dressing; more than four decades later, the brand had given over $600 million of its profits to charityPaul Newman's salad dressing business began in 1982 with a unique purpose. This venture has since donated over $600 million to various char...
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
The financial landscape for ONGC's petrochemical unit OPaL is alarming, as it faces considerable losses amid skyrocketing naphtha and gas p...
NSE IPO jackpot: 10 PSUs could pocket Rs 12,802 crore from stake saleNSE’s IPO could deliver a massive windfall to 10 public-sector shareholders, which together could make a profit of around Rs 12,802 crore b...
Glass Wall Systems shares list at 7% premium over IPO price on NSEGlass Wall Systems shares debuted at a premium of up to 7% on Wednesday after its Rs 427.89 crore IPO was subscribed 81.65 times overall. T...
Fibe gets Sebi approval for Rs 750 crore IPOAccording to its draft red herring prospectus, Fibe’s major investors including TPG’s The Rise Fund, Norwest Venture Partners, Chiratae Ven...
Paytm will stay profitable even without MDR, government support: Vijay Shekhar SharmaHis comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...
US Market: Wall Street brokerages see S&P 500 extending rally in 2026 on AI, earningsWall Street brokerages remain bullish on the S&P 500 in 2026, with AI-driven earnings growth and resilient corporate profits expected to su...