Zomato Q1 results preview: According to consensus estimates, Eternal’s net profit is likely to jump 71.4 per cent to Rs 300 crore in the reporting quarter from Rs 174 crore posted in the previous quarter. Eternal Q1 results preview: Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, is likely…
Crypto’s next chapter isn’t about soaring token prices. It’s about whether banks and financial institutions can trust the technology enough to use it for real-world payments, settlements and tokenised assets. Bitcoin gave this industry its identity. Every cycle was measured against its price, every institutional entry announced against its chart. For the first decade, which…
Aavas Financiers Ltd, a retail, affordable housing finance company, posted a healthy set of numbers for the June quarter, driven by growth in lending activity, improvement in core income and continued stability in asset quality. The firm reported a 23% year-on-year rise in profit after tax (PAT) to ₹171 crore for the quarter ended June…
Chemicals maker Anupam Rasayan India Ltd on Tuesday (July 21) said it has dispatched the Letter of Offer to the public shareholders of Bliss GVS Pharma Ltd for its mandatory open offer to acquire up to 2,77,26,848 fully paid-up equity shares, representing 26% of the expanded voting share capital of the company, at an offer…
Mid-tier IT company Mastek Ltd on Tuesday (July 21) reported a net profit of ₹106 crore for the first quarter, up 15% year-on-year from ₹92 crore in the corresponding quarter last year. The company’s revenue increased 7.7% year-on-year to ₹985.3 crore, compared with ₹914.7 crore in Q1 of the previous year. Earnings before interest, taxes,…
Under the Sebi guidelines, registered research analysts are obligated to pay a designated renewal fee every five years from the date of registration to maintain an active certificate. Capital markets regulator Securities and Exchange Board of India (Sebi) on Tuesday cancelled the registration certificates of 11 research analysts for non-payment of mandatory renewal fees required…
JPMorgan Chase CEO Jamie Dimon has issued a stark warning to investors, stating that he would not buy stocks or US Treasury bonds at current valuations as he believes markets are significantly underpricing major risks. In a wide-ranging interview, the head of America’s largest bank highlighted escalating geopolitical tensions, including conflicts in the Middle East…
JPMorgan Chase CEO Jamie Dimon has issued a stark warning to investors, stating that he would not buy stocks or US Treasury bonds at current valuations as he believes markets are significantly underpricing major risks. In a wide-ranging interview, the head of America’s largest bank highlighted escalating geopolitical tensions, including conflicts in the Middle East…
Indian investors will track the positive cues from Wall Street after US stocks advanced, led by gains in chipmakers, while the earnings calendar remai…Read More 1/5 US Market | US stocks moved higher on Tuesday, led by strength in chip stocks, as investors weighed developments in the Iran war and turned their attention towards upcoming…
Trident Ltd reported a 12.9% year-on-year increase in consolidated net profit to ₹158 crore for the quarter ended June 30, driven by steady revenue growth, while its operating margin remained unchanged from a year ago. Revenue from operations rose 4.7% to ₹1,786.8 crore from ₹1,706.8 crore in the corresponding quarter last year. EBITDA increased 2.7%…
