Analysts 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 reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...

Fairfax Financial Holdings plans to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, creating a financial-service...

European shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX...

Fairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....

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...

After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...

Indian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...

Analysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...

A merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...

In a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...

As artificial intelligence reshapes the landscape of Wall Street, its expertise is increasingly tied to salary and promotions in financial ...

AI capabilities are rapidly gaining importance on Wall Street, with a growing trend of companies tying compensation to AI expertise. Approx...

Major US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue....

Goldman Sachs reported a remarkable profit increase in the third quarter, largely thanks to fluctuating market dynamics. Equities revenue s...

As 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...

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...