Visa stock stumbles 5% in sudden dip, putting the brakes on its strong streak of annual gainsVisa shares faced a sudden decline of 5.23%, closing at $351.98, after Walmart and Amazon revealed plans to launch their own stablecoins. T...
13 Jun, 2025, 09.46 PM IST
Eli Lilly and Visa expected to hit $1 trillion valuation by 2030: Here’s what’s driving the surgeAs global equity markets expand, two corporate heavyweights are emerging as serious contenders to reach $1 trillion in market capitalizatio...
12 May, 2025, 10.53 PM IST
Gloomy retail earnings show consumers are feeling the pinch of US tariffsLackluster quarterly results from consumer-facing companies including McDonald's and Harley-Davidson are the latest sign that American shop...
01 May, 2025, 09.17 PM IST
Paytm plunges 10%, erodes investor wealth by 35% in two daysInvestors were concerned over the company valuations after foreign brokerage Macquarie, ahead of Paytm's listing last week, suggested a tar...
22 Nov, 2021, 10.14 AM IST
Mastercard ban will hit exclusive tie-upsRBI’s restrictions on Mastercard will hit credit card issuance by a host of entities. RBL Bank and Yes Bank and entities like Indigo, Marut...
16 Jul, 2021, 08.20 AM IST
India's ban on Mastercard to hit banks' card operations, income: SourcesThough existing customers will not be hit, business impact will be significant as banks need to sign new commercial deals with rival networ...
15 Jul, 2021, 08.54 PM IST
Market focus starts to turn toward Biden victory, analysts sayThe S&P 500 rose as much as 1.7% in morning trading, extending a five-day rally
07 Jul, 2020, 04.20 PM IST
India’s war on cash has at least two likely victors: Visa and MastercardAs India grapples with removing the bills, Visa and Mastercard will probably begin expanding their relationships with merchants and issuers...
23 Nov, 2016, 04.57 PM IST
Ajay Banga, Chanda Kochhar among Fortune 2012 businesspersonsAjay Banga and Chanda Kochhar have been named among the '2012 Businesspersons of the Year', an annual ranking of 50 global leaders.
20 Nov, 2012, 11.27 AM IST
- Visa loses $1.8 billion due to litigation costs
Visa posted a loss of $1.8 billion for the April-to-June period on an increase in litigation costs. Excluding that expense, Visa's results ...
26 Jul, 2012, 04.13 AM IST
Visa, MasterCard beat top financial companies as electronic payments boomVisa and MasterCard produced better risk-adjusted returns than 81 US financial firms as the two benefit from a long-term global shift to e-...
31 May, 2012, 02.07 AM IST
- Starbucks CEO Schultz is Fortune 'Businessperson of the Year'
Starbucks Founder and CEO Howard Schultz has been named the '2011 Businessperson of the Year' by Fortune magazine.
17 Nov, 2011, 11.21 PM IST
- Credit crisis or not, card cos to thrive
Despite the ‘credit crisis’ of 2008, not much has been said about credit card companies and their role as capital providers to individuals ...
10 Mar, 2010, 01.50 AM IST
- Delta draws on credit line
Delta Air Lines Inc said on Monday it has drawn $1 billion from a credit line to give it more financial flexibility as it heads toward comp...
26 Aug, 2008, 04.49 AM IST
- Visa posts profit rise as spending on cards jumps
Visa's profit rose a better-than-expected 41% in the most recent quarter, as more money changed hands using its credit and debit cards - pa...
01 Aug, 2008, 01.36 AM IST
- Visa raises a record $17.9 b in IPO
Visa, the largest payment-card network, set a record for US initial public offerings on Tuesday by raising $17.9 billion after the worst st...
20 Mar, 2008, 12.53 AM IST
- Visa, MasterCard face Congressional investigation
Visa International and MasterCard, which agreed to pay $3 billion to settle a retailers’ antitrust suit and have been targeted by US and Eu...
20 Jul, 2006, 12.00 AM IST