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FINANCIAL REPORTING
Ind AS 118: India Inc gears up for big changes to financial reportingIndia’s largest companies are preparing for the implementation of Ind AS 118, which may impact financial reporting. Changes include new cla...- Global asset management industry to expand through 2030, profitability remains a challenge: Morgan StanleyGlobal asset management assets reached a record $159 trillion in 2026, but Morgan Stanley expects falling management fees to constrain reve...
- AI could unlock $2.52 trillion in annual global economic value: ReportArtificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased de...
- When Rajinikanth shared how Amitabh Bachchan was once buried in nearly Rs 90 crore of debt, feared losing his Juhu home Prateeksha and was mocked by Bollywood before turning things around with KBC and brand endorsementsAmitabh Bachchan encountered severe financial difficulties in the late 1990s due to his production company. The situation became so dire th...
- Buy gold, then leave it in a forest: Bizarre investment scam in Norway is making victims lose their savings; banks issue warningGold scam: A bizarre investment scam in Norway is prompting warnings after victims were persuaded to buy gold and leave it at secluded fore...
- Sure Valley Ventures’ first exit delivered a 5x return in 14 months - what happened nextSure Valley Ventures’ first realised gain came from Artomatix, delivering a 5x return in 14 months. Later exits involving Getvisibility and...
- Only 15% of midcap stocks above 50-DMA: Is buying the dip getting riskier? JM Financial spots signs of leadership shiftJM Financial warns midcap and smallcap leadership may weaken as market breadth deteriorates sharply. Largecaps show early recovery signals,...
- Apple India revenue grows 32% to cross Rs 1 lakh crore mark in FY26"Apple India Private Limited provides and markets Apple brand products and software, and reported its revenues for the financial year 2025-...
- Why Norwegians are buying gold and leaving it in forestsA gold investment scam in Norway has prompted banks to warn customers after victims were allegedly persuaded to buy gold and leave it in fo...
- A Rs. 48 crore profit on paper, a Rs. 231 loss in reality: How a debt ‘turnaround’ can be an accounting illusionA company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But w...
- Bank of Japan warns of risks from AI market shock, cyberattacks"If expectations regarding the profitability of AI-related investment were to decline, shocks could be amplified, mainly through portfolio ...
- Jindal Stainless Q2 net profit rises 11% to Rs 898 croreJindal Stainless has revised its FY27 volume growth outlook to 4-6%, down from the previous 7-9% forecast, due to declining sales. Despite ...
- Inditex's Bershka turns profitable in first full year in India as Zara growth stallsInditex's Bershka turned profitable in its first full financial year in India, reporting Rs 2.92 crore in net profit on revenue of Rs 80.34...
- Hind Zinc eyes lower production costs after record Q2 profit, salesHindustan Zinc reported its highest-ever profit and sales for the September quarter and the first half of the fiscal year. The company expe...
- SpaceX, Tesla earnings to test Musk's AI spending ambitions as merger talk growsAs SpaceX and Tesla prepare to unveil their third-quarter results, investors are eagerly awaiting insights into revenue and earnings growth...
- Musk’s SpaceX, Tesla results to test AI spending as merger speculation buildsSpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporting will provide investors insight ...
- AI infra boom faces financing risks as data centre bond spreads widen: Goldman SachsThe report said high-yield bonds issued by data centre companies are facing pressure as investors assess the risks of financing the rapid e...
- Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warnsCyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine m...
- Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
- Deloitte fined $7.98 million over audits of transport operator Go-Ahead GroupInternational accounting firm Deloitte faced a fine of £6.05 million for auditing Go-Ahead Group. The penalty was initially set at £11 mill...
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