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UNDERWRITING LOSSES
New India slips into red with 1,267 cr loss in Q2New India Assurance Company has revealed a concerning net loss of ₹1,267 crore for the September quarter, sharply contrasting with last yea...
Sitharaman says NDA revived IDBI Bank after UPA-era bad loan crisisIn response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank than...
Sebi issues final order against Axis Capital, imposes regulatory censure; Axis Bank shares fall over 1%SEBI has issued a regulatory censure against Axis Capital, concluding proceedings linked to September 2024 restrictions. The regulator note...
AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
Tata Capital Q2 Results: Profit jumps 51% to Rs 1,660 crore; NII up 23%Tata Capital’s September-quarter net profit surged 51% year-on-year to Rs 1,660 crore, driven by loan growth, higher interest income and lo...
Anthropic IPO 2026: When will ANT stock list on Nasdaq, and how big will Amazon’s and Google’s stakes be?Anthropic share Nasdaq listing date: You cannot buy ANT shares yet. Anthropic has filed its IPO papers for a Nasdaq listing, but no date or...
Anthropic files for US IPO amid AI boom, rising costs and safety concernsAnthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details s...
Warren Buffett on bearish markets: One habit decides whether you come out richer or poorerHe put the four worst collapses in his own share price into a table, with the dates and the drops. Nearly 60% once, around half three more ...
India's glittering gold loan sector risks sliding into a dark zoneThe gold loan market in India is on a rapid growth trajectory, fueled by true demand alongside possible financial distress among borrowers....
10-minute househelp startups & their crore-sized lossesLatest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within...
Ather Energy gets Irdai licence, will distribute and service insurance policiesThe Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of registration on October 15 to act as a ...
Insurers may face higher crop cover claims in Andhra Pradesh, Maharashtra, KarnatakaIn Maharashtra, insurers' liability could be capped at Rs 1,540 crore before the state government takes over claims beyond that level. The ...
JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum(Compares with estimates in headline and paragraph 1, adds analyst comment in paragraph 4, updates shares, details and context throughout)-...
US stocks: Citi profit jumps 40% with higher investment banking, services and wealth revenueCitigroup has reported a remarkable 40% jump in its third-quarter profits year-over-year, despite some declines in other areas. Trading rev...
One.Tel collapsed in 2001 after billing failures and a cash crisis. How its legal fallout led to a $40 million settlement in 2014One.Tel collapsed in 2001 after years of trading losses, billing failures and mounting cash-flow problems. The Australian telecom company's...
Visa denied, trip cancelled: Can travel insurance help you recover your losses?Some insurers now reimburse visa fees if your application is rejected. But modest payouts, exclusions and multiple conditions can limit the...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
Warren Buffett calls out the worst accounting trick in corporate America, and the analysts who help it alongEvery loan that Warren Buffett’s home business makes, it keeps. When the borrower stops paying, the loss is borne by his company rather tha...
Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
Small-business lenders’ growth cools in FY26 amid credit headwindsIndifi’s revenue and loan book remained broadly flat, NeoGrowth’s assets under management (AUM) declined 21.5%, and Lendingkart’s fell 74%....