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IITians get shocked when they learn a paani puri seller has Rs 4.5 lakh per month in profit: ‘He works for six hours…’A group of IITians was astonished to learn that someone earning more than Rs 1.2 lakh a month lacked a degree from IIT or any other univers...
Rs 4 lakh investment built an Rs 7848 crore empire. How a Mumbai man, who once earned Rs 150 a month, built a flourishing diagnostic laboratory chainThe entrepreneurial path of Dr. Arokiaswamy Velumani shows how perseverance, vision, and ingenuity can help create a profitable business wi...
Risk-off mood sweeps European stocks as AI concerns deepenEuropean markets saw a 1% dip as a wave of selloffs hit insurance stocks following a Democratic victory, raising concerns around the stabil...
Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the lastWhen something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it ye...
MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
TReDS sees a festive boost; Nykaa’s growth strategyHappy Friday! Festive inventory demand has lifted invoice financing on TReDS platforms. This and more in today’s ETtech Morning Dispatch.
These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analystsGlobal markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at ...
Solstice boosts annual forecast after AI-driven demand drives quarterly beatSolstice Advanced Materials saw a surge in demand from data centers, which prompted an optimistic adjustment in their profit forecasts. The...
Beyond ‘no subscription’, NeoSapien sees a paid future for advanced AI featuresThe Bengaluru-based AI wearables startup is exploring another funding round in early 2027 but its CEO said there was no pressure to raise c...
Freshworks crosses $1 billion ARR as enterprise push lifts growthRevenue for the July-September quarter rose to $245.4 million from $215.1 million a year earlier. Net profit stood at $18.3 million, compar...
NBFCs redesign lending models ahead of revolving credit curbsNon-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim ...
He left his teaching job to make adhesive tapes; now Crown New Materials' 787% IPO surge has made him a billionaireHe once worked as an elementary school teacher. Today, Mai Huiquan and his sister Mai Huixia are at the centre of one of China's biggest st...
ETMarkets Fund Guide: Large, mid or smallcap? How a Rs 1.5 lakh crore-fund manager approaches flexicap investingIn this edition of ETMarkets Fund Guide, we decode the flexi-cap category with Raunak Onkar, Fund Manager and Research Head at PPFAS Mutual...
Beyond tech: Kotak MF’s Shibani Kurian on India’s next innovation-led winnersInnovation-led investment opportunities in India are extending well beyond technology, with healthcare, auto components and industrials eme...
ITC shares rise 2% after Q2 results. What are Jefferies, Nuvama and others saying?ITC shares gained 2% despite an 18.5% year-on-year decline in Q2 net profit, as higher taxes and falling cigarette earnings weighed on prof...
Coders out, VCs in: Investors bet billions on AI-first servicesThe AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl ...
Ambani tops Forbes' global billionaire gainers list with $6 bn wealth jump as Reliance shares soarMukesh Ambani has become the largest wealth gainer globally, adding USD 6 billion to his fortune. Reliance Industries shares surged 11.6 pe...
KFC brings the scale; Biryani By Kilo and Vaango emerge as Devyani’s surprise performersDevyani International is seeing promising advancements in its smaller Indian brand portfolio, particularly Biryani By Kilo and Vaango. In Q...
Delhivery swings to Rs 41 crore profit as revenue rises 20% in Q2The Gurugram-based company posted a net profit of Rs 41 crore during the three month period, compared to a Rs 50 crore net loss in the same...
NSIC presents Rs 47.76 crore dividend for FY 2025-26; highlights strong financial performanceNSIC Chairman-cum-Managing Director Subhransu Sekhar Acharya presented a dividend of ₹47.76 crore to Union Ministers. Acharya highlighted N...