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IIFL FINANCE QUARTERLY RESULTS
L&T Finance Q2 net profit rises 33% to Rs 975 croreL&T Finance reported a 33% increase in consolidated net profit for the quarter ending September 30, 2026. The company's consolidated loan b...- S&P 500’s road to 8,000 grows tougher as yields rise, AI doubts mount; all eyes on quarterly earningsAnalysts are doubtful about the S&P 500 crossing the 8,000 points mark despite strong earnings expectations. The rise in oil prices and bon...
- IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...
- Fairfax plans to bring Digit, IIFL Capital under IDBI BankFairfax Financial Holdings plans to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, creating a financial-service...
- Global Market: European shares fall as global tech selloff, rate fears weigh on sentimentEuropean shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX...
- Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
- Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
- Netflix layoffs: 1,000 employees eliminated ahead of quarterly earnings results; biggest cut since 2022After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...
- Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
- Fairfax's IDBI deal premium justified by strategic fit, scale: AnalystsAnalysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...
- Survey reveals Wall Street firms are linking bonuses and promotions to AI competency among employeesAs artificial intelligence reshapes the landscape of Wall Street, its expertise is increasingly tied to salary and promotions in financial ...
- Wall Street firms tie bonuses, promotions to AI skills, survey findsAI capabilities are rapidly gaining importance on Wall Street, with a growing trend of companies tying compensation to AI expertise. Approx...
- HCLTech's Q2 net profit up 21% to Rs 5,132 crore; revenue climbs 11%The strong numbers guided India's third largest software services company to raise the lower end of the revenue forecast for the full year ...
- US banks post strong profits, but inflation and rate risks cloud outlookMajor US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue....
- US stocks: Goldman Sachs quarterly profit rises on equities strengthGoldman Sachs reported a remarkable profit increase in the third quarter, largely thanks to fluctuating market dynamics. Equities revenue s...
- Global Market: European shares rise as easing oil prices lift sentiment; earnings in focusEuropean shares rose as banking stocks gained on easing oil prices and hopes of an energy ceasefire between Russia and Ukraine. Investors t...
- Earnings Tracker: HDFC Bank, HCL Tech, Wipro among 129 companies set to report Q2 results this weekAs many as 129 companies are set to announce their Q2 FY27 results this week, including HDFC Bank, ICICI Bank, Axis Bank, HCL Tech, Wipro a...
- GPF interest rate for October-December 2026 quarter: Has Finance Ministry changed GPF rate from 7.1%?The Ministry of Finance has set a 7.1% interest rate for the General Provident Fund, which will be applicable from October 1 to December 31...
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