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SoftBank-backed OfBusiness’ FY26 revenues fall 7%Revenue declined as OfBusiness exited low-return commerce categories and discontinued some operations, prioritising deeper manufacturing in...
Global Earnings | Nomura's first-quarter profit jumps 39%, boosted by marketsNomura Holdings experienced a remarkable 39% net income surge in the first quarter, driven by favorable market volatility and unprecedented...
Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback planUBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...
Sopra Steria raises growth target on strong European AI, cybersecurity demandThe French IT firm Sopra Steria has announced a rise in its full-year revenue growth projections, underscoring strong financial backing for...
Manipal Health IPO: Co. garners Rs 4,167 crore from anchor investors; ADIA, Morgan Stanley among investorsManipal Health Enterprises secured Rs 4,167 crore from anchor investors for its upcoming IPO. The company's initial public offering is set ...
Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose abou...
Global Market: Barclays posts robust H1 results, raises guidance on investment banking momentumBarclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and...
Standard Chartered sees exit of several top wealth executives in IndiaStandard Chartered India is witnessing a series of senior leadership exits as it reshapes its wealth business and moves away from mass-mark...
India's crorepati list is growing but the problem is who will manage their moneyIndia's ultra-rich population is rapidly increasing, creating a significant advisory gap. The number of wealthy individuals has grown subst...
Global markets: Shein will struggle to justify up to $50 billion Hong Kong IPO valuationWhile the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounti...
Shein will struggle to justify $40-50 billion Hong Kong IPO valuationRevenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion r...
SBI Funds Management shares fall below IPO price, but brokerages remain bullish. Time to buy?SBI Funds Management shares slipped below their IPO price after listing, but brokerages remain bullish on the stock, citing strong parentag...
Can a shop charge you extra for paying by credit card? Here's what every card user should knowCan merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card a...
Global Market: BNP Paribas Q2 profit jumps 33% on strong trading, retail rebound; beats estimatesBNP Paribas reported a better-than-expected 33% rise in second-quarter net profit to €4.35 billion, driven by strong equity trading, a reco...
Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
US Stock Market: Goldman Sachs launches new private markets platform to expand offerings for wealthy clientsGoldman Sachs has launched a new platform to expand private market offerings. Investor demand for access to privately held companies contin...
Global Market: European lenders brace for solid Q2 results despite geopolitical uncertaintyEuropean banks are set to report another quarter of resilient earnings, supported by steady loan growth, higher interest rates, strong trad...
Wall Street banks are having their best trading year since 2009. Does that mean a crash is coming?Wall Street banks are on track for record trading revenue, driven by AI investing, dealmaking and active markets rather than crisis conditi...
Earnings Boost: Why Goldman Sachs shares jumped to record highsGoldman Sachs shares climbed to a record high after the investment bank posted stronger-than-expected second-quarter earnings, driven by re...
US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...