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'Neem Karoli Baba's blessings...and charity': What 21-year-old Anupriya Nagar plans to do with ‘Hanuman Ansh’ profits as movie crosses Rs 150 croreTwenty-one-year-old Anupriya Nagar, an economist and producer of Hanuman Ansh, never planned to enter filmmaking. The Rs 2 crore film has n...
Rentomojo to raise Rs 1,256 crore via IPO; rich valuation a concernRentomojo plans a ₹150 crore fresh issue and ₹1,105.6 crore offer for sale. The company shows strong revenue growth and improving profitabi...
Merchant Navy professional quit his job to transform his gooseberry farm. His earnings boomed from Rs 45,000 to Rs 9 lakh per acreAfter realizing that raw amla sales were not lucrative, Shyam Singh's family pivoted to processing amla into juice and other by-products, r...
Private banks’ profit margins recover as FCNR(B) inflows ease deposit funding pressureIndia’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...
When should you sell profitable equity mutual fund investments for tax-gain harvesting?Tax-gain harvesting allows investors to sell profitable equity mutual funds and reset their cost basis tax-free by setting off long-term ca...
UK's IQE swings to first-half profit and sees more AI data centre upsideBritish chip maker IQE reported a first-half profit, supported by strong AI demand. The company maintained its annual outlook, exceeding ea...
Unicorn NoBroker aims to be profitable in 8-10 months; FY26 revenue crosses Rs 1,000 crore: CEONoBroker.com cofounder and CEO Amit Kumar Agarwal said the company's entire focus is currently on becoming profitable, and it is not lookin...
IPO-bound Rentomojo pins growth on 'hard-to-copy' supply chain moatRentomojo’s moat lies in its complex rental model, which combines subscriptions, asset ownership, logistics, collections and refurbishment....
10 midcap stocks with over 150% profit growth in Q1FY27Data from StockEdge shows top 10 NSE midcap stocks that reported over 150% YoY net profit growth in the Q1FY27 June quarter. Glenmark Pharm...
Tyson Foods cuts annual profit forecast again as beef pressure drains marginsTyson Foods has revised down its profit and sales targets for fiscal 2026 due to rising challenges within the beef segment. The company ant...
100-sq-ft farm, Rs 24 lakh annual profit: Coimbatore BCA graduate quits job to grow microgreens, says ‘Every additional tray adds straight to profit’Vignesh P has transformed a modest 100 square feet of his Coimbatore farm into a thriving vertical microgreen operation. This clever shift,...
'Revolver' misfire hits credit card issuers: India's credit card boom sees lower bank profitsCredit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing in...
Company lays off a huge number of employees after celebrating record profits, then tells survivors to get back to work and ‘absolutely crush Q1’ - but one worker now refuses to give their life to workA company that recently celebrated record profits has laid off a large number of employees, then urged those who remained to “absolutely cr...
Aswath Damodaran disagrees with Vinod Khosla on the scaling vs profitability debate. Here’s whyAswath Damodaran has challenged Vinod Khosla’s view that companies should prioritise scaling over profitability. Damodaran argues that the ...
5-acre farm, Rs 30 lakh annual profit: Maharashtra engineer quits US MNC job to grow organic moringa. ‘My work was good, but I enjoyed being on the farm’A mechanical engineer from Maharashtra walked away from his multinational US-based job to pursue organic moringa farming. Returning to his ...
Finance Ministry asks state-owned general insurers to focus on profitable lines of businessPublic sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation a...
Travis Kelce charity foundation’s $1.5 million funding faces scrutiny as records show less than 50% spent on charity, $469,000 reported as management expensesTravis Kelce Charity Controversy: Travis Kelce’s Eighty-Seven and Running Foundation has come under scrutiny after tax filings showed a rel...
Huawei H1 profit drop quickens to 36% on rising costs, R&D spendingThe Chinese technology company said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop...
F&O tax rules: How derivatives traders should report profits, losses and expensesOne of the biggest misconceptions among retail traders is that profits from F&O are taxed like stock market gains. That is not the case. Un...
US corporate profit margins widen to highest on recordUS corporate profit margins reached a record 19.4% in the second quarter, up from 18.2%, as profits jumped nearly 10%. Strong consumer spen...