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DEBT REDUCTION
PC Jeweller shares soar 9% after Q2 net profit rises 58% YoY; plans 100 new stores in 18 monthsPC Jeweller reported a 58% year-on-year rise in Q2 FY27 net profit to Rs 330.66 crore, while revenue grew 28% to Rs 1,054.47 crore. The com...- America's $1 trillion annual interest bill is growing as national debt surges, so why isn't the US facing a debt crisis like France?The United States continues to finance its national debt more effectively compared to France. While both countries face rising borrowing co...
- Eternal’s Q2 profit rises; SBI flags customer data leakEternal’s Q2 profit has surged, with Blinkit contributing significantly to the growth. This and more in today’s ETtech Top 5.
- Jio IPO strengthens Reliance’s financial flexibility; capex funding remains key: Moody’sMoody’s has termed Jio Platforms’ IPO credit positive for Reliance Industries, citing debt repayment and funding flexibility. The Rs 30,200...
- Shapoorji Pallonji Group wants Tata Sons to consider Rs 25,000 crore share buybackThe SP Group has not withdrawn the proposal, which was placed before the Tata Sons board by Noel Tata at its last meeting, the people said....
- Oyo parent PRISM to cut IPO fresh issue nearly 50% to Rs 3,350 crore: SourcesPRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow and enhanced ...
- France is on fire but something more dangerous burns below the unrestFrance is engulfed in protests as the public gives vent to growing anger over soaring expenses and diminishing educational quality. Citizen...
- Holding company discount after Jio IPO: What is it & how will it impact RIL shares?Jio Platforms IPO: Jio Platforms is preparing to unveil its initial public offering, enhancing its valuation significantly. Analysts forese...
- Mega Jio Platforms IPO to lead Rs 31,663 crore offerings this week; 9 listings lined upIndia’s primary market is set for a busy week, led by Reliance Jio Platforms’ Rs 30,213 crore IPO and Paras Healthcare’s Rs 1,450 crore iss...
- Woman secretly built a plan to pay off $58,000 which brought her husband to tears, here's what happened nextRebecca Christiansen built and Instagram account to pay off a debt of $58,000 and her followers helped her do that when she documented her ...
- IMF members call for more support amid war shocks, 'advanced intelligence' risksThe International Monetary Fund's member nations are advocating for heightened assistance to those grappling with financial difficulties, m...
- Will Ambani's all-fresh Jio sale prove to be a masterstroke for investors?Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not existing ones. In light of mixed r...
- RBI clarifies interbank trades, ECBs coupons not part of FERRReserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to ba...
- Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free statusJio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani al...
- How Akash, Isha Ambani’s missed college assignment led to the creation of Rs 10 lakh crore JioA failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs 30,213 crore IPO at a valuation o...
- IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
- No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
- Global Market: Lagarde says France must tackle debt woes through fiscal consolidationECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consoli...
- India eyes reduced critical tech dependence over next 20-25 years: Ashwini VaishnawIndia is planning over a 20-25 year horizon to reduce critical technology dependencies and strengthen its ability to withstand global disru...
- Jio IPO may trigger Reliance’s next big re-rating. Why Religare sees 47% upsideReliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings greater transparency to its digit...
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