Bharti Airtel Plans Bharti Hexacom IPO: – Bharti Airtel is gearing up for an initial public offering (IPO) of its subsidiary, Bharti Hexacom. – This […]
Category: Finance
Reliance Industries Q3 Results: Steady Growth Across Industries – Jio, Retail, and Consolidated Figures Revealed
Reliance Industries Limited:– Consolidated revenues for Q3FY24 reached Rs 248,160 crore, showing a 3.2% YoY increase, supported by sustained growth in consumer businesses.– Quarterly EBITDA […]
Stock Surge Spells Trouble for Short-Sellers: On Track for Worst Annual Losses Since 2020
The recent increase in stock prices is intensifying the challenges faced by short-sellers, who are poised to experience their most significant annual losses since 2020, […]
Markets in Action: No Day Off for Participants as Special Trading Session Opens on Saturday
On January 20, the National Stock Exchange (NSE) and BSE have arranged a special live trading session to transition to the Disaster Recovery (DR) site. […]
Davos 2024: Navigating AI’s Impact – Insights from WEF Leaders
The annual World Economic Forum (WEF) meeting in Davos was a hub for discussions on the impact of artificial intelligence (AI). Centered on generative AI, […]
Dream11 Reports Stellar Financial Performance in FY23: Rs 6,384 Crore Revenue and 32.3% Profit Surge
Dream11 demonstrated substantial financial growth in FY23, posting a revenue of Rs 6,384 crore, marking a remarkable 66% increase from FY22. The parent company, Dream […]
Vedanta’s Promoter Group Pledges Entire 63.71% Stake as Loan Collateral in India
The promoters of India’s Vedanta company have put up their 63.71% stake as security for loans. But, they can’t use these shares for any other […]
Byjus FY22 Financials: Revenue Surges but Falls Short of Guidance, Losses Expand
Byjus recorded a consolidated revenue from operations of Rs 5,015 crore in FY22, showing a significant jump from the Rs 2,280.2 crore reported in FY21. […]
Apple’s Watch Woes: Sales Pause in US Amid Patent Clash with Masimo – Speculations Mount on Biden’s Intervention
The US International Trade Commission (ITC) has ruled in favor of Masimo Corp’s patent infringement claim against Apple’s $17 billion smartwatch business, specifically related to […]
Accenture’s Q1 Earnings Overview: Mixed Analyst Reactions and Outlook for FY24
Accenture’s Q1 FY24 highlights:• Revenue: $16.2B (+3% Y/Y, as expected).• Non-GAAP EPS: $3.27 (surpassed by $0.14).• New bookings: $18.4B (+12% Y/Y).• Dividend: $1.29 (+15% Y/Y).• […]
Year-End Sell-Off Surge: Massive Profit Booking Shakes Global Markets
Global financial markets experienced notable shifts in the week leading up to December 20. Concerns over potential rate cuts and a year-end market adjustment led […]
Japan’s Fiscal Shift: Reducing Debt, Streamlining Spending, and Navigating Rising Interest Rates in 2024/25
Japan is making some big changes to how it manages its money. They plan to borrow less money next year, reducing their debt sales by […]