In 2022, Tom Hanks launched a coffee company dedicated to supporting U.S. veterans; 100% of its profits are directed to military families nationwideIn 2022, Tom Hanks launched a coffee company dedicated to supporting U.S. veterans; 100% of its profits are directed to military families n...
10 midcap stocks post highest quarterly profit in 10 quartersTen NSE midcap stocks recorded their highest quarterly net profits in the June 2026 quarter, with each surpassing its previous peak over th...
Porsche could face another 4,000 job cuts, Handelsblatt reportsVolkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall withi...
Even as trading and markets moved faster, Warren Buffett made patience profitable and coolWarren Buffett has stepped down from his role as chairman of Berkshire Hathaway, marking the end of an era defined by remarkable investment...
FCNR(B) scheme could yield Rs 5.5 trillion notional profit for banks, RBI: SBI ResearchSBI Research indicates FCNR(B) deposits may yield substantial profits for banks and the RBI. The report refutes earlier estimates of signif...
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 ...
Quote of the day by Fred C. Kelly: "Vanity makes men sell good stocks and keep poor ones in times of distress. They don’t mind disposing of gilt-edged stocks which show a profit — the very ones which might finally make up the losses on others"Fred C. Kelly highlights a common investing mistake: selling profitable, high-quality stocks during market distress while holding losing in...
PKL media rights in flux as JioStar, teams seek to avert an ISL-style falloutPro Kabaddi League media rights talks involve JioStar seeking a fee reduction and franchises protecting the previous benchmark. Franchise o...
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...
New MDR norms for UPI to add more revenue, bottom line to business: Paytm CEOThe government has introduced a 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants from October 15, while explicitly ring-fencing ev...
UPDATE 1-J.B. Hunt shares tank as higher trucking costs prompt CFO's warning on possible profit dropJ.B. Hunt shares fell significantly after its finance chief warned of lower third-quarter profits. Higher transportation and diesel prices ...
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...
Rs 80,000 crore digital ad pie: Karan Taurani spots a hidden profit lever in new-age stocksIndia’s new-age internet companies may be sitting on a profit engine that investors are still not fully pricing in: advertising.
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
NPCI reports 12% slump in FY26 net profit to Rs 1,362 croreNPCI generates revenues primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), AePS (Aadhaar...
Flipkart Minutes sees path to profitability, plans 100 new fulfilment centres every monthWith its sights set on aggressive growth, Flipkart Minutes is swiftly enhancing its operations and bolstering financial results. The initia...
IOC, BPCL & HPCL likely to post Rs 14,470 crore profit in Q2IndianOil, BPCL, and HPCL are set to achieve remarkable profits during the July-September quarter, showcasing a stark recovery from their p...