The government had constituted an IMC in November 2017 headed by former Secretary, Department of Economic Affairs Subhash Garg to study the issues related to virtual currencies and propose specific…
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- Finance
MSME lender SIDBI posts Q3 net profit of Rs 630 crore as NII grows, credit growth remains strong
SIDBI saw a 22 per cent jump in net worth to Rs 20,694 crore for the nine-month period of FY21. Credit and Finance for MSMEs: Small Industries Development Bank of…
- Business
Sensex at 52k, Nifty at 15,300, indices hit record highs; time to buy, sell and book profit, or hold?
Markets cheered the CPI inflation for January and a rebound in IIP numbers. Image: Reuters Indian markets benchmarks BSE Sensex and Nifty 50 scaled fresh lifetime highs on Monday,…
- Business
RailTel grey market premium surges 50% ahead of IPO; should you book profit or hold for long-term?
The company has no listed peers in India that engage in a business similar to that of RailTel Corporation of India Ltd. State-owned RailTel Corporation of India price surged…
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Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with…
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Net interest margin stood at 3.29% and was almost flat compared to 3.33% a year ago. Karur Vysya Bank (KVB) has reported a 133% increase in its profit for the…
- Business
Disney earnings: Surge by Disney+ to nearly 95 million subscriptions leads to surprise profit
Walt Disney Co.’s streaming service, Disney+, proved again to be a big plus during a pandemic that has all but shuttered the Magic Kingdom’s other businesses. And that had Disney…
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A man who confessed to participating in the robbery of Kim Kardashian in 2016 will not profit off his bo, a French court ruled. Yunice Abbas, 67, was one of…
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s of PepsiCo Inc. PEP, -1.36% edged up 0.1% in premarket trading Thursday, after the beverage and snack company reported fourth-quarter profit that topped expectations, revenue that rose above forecasts…
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TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is…
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TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic –…
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Products are displayed in an Under Armour store in New York City, November 4, 2019. Brendan McDermid | Reuters Under Armour on Wednesday reported a surprise profit for the holiday…
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Pieter van der Does, chief executive officer of Adyen. Simon Dawson | Bloomberg | Getty Images LONDON — Dutch on payments firm Adyen saw its s surge over 10% Wednesday…
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This photo, taken on October 28, 2019, shows the logo of the Societe Generale bank, in Ouistreham, Normandy, France. SAMEER AL-DOUMY | AFP | Getty Images LONDON — Societe Generale…
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Employees work at the Canopy Growth facility in Smith Falls, Ontario, Canada, Dec. 19, 2017. Chris Roussakis | Bloomberg | Getty Images Canopy Growth s rallied Tuesday after the Canadian…
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IOB, which was under Prompt Corrective Action (PCA), said it has been posting profits for four consecutive quarters and almost fulfilled all the requirements to come out of the PCA.…
- Business
Goodyear shares jump 5% premarket after tire maker swings to profit and tops sales estimates
Goodyear Tire & Rubber Co. s GT, +1.35% jumped 5% in premarket trade Tuesday, after the company’s fourth-quarter earnings beat profit estimates by a wide margin. The company swung to…
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UK broadcaster Channel 4 is to remake CNBC’s The Profit in what represents the first international adaptation of the business investment show. British production company Kalel Productions is adapting the…
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An employee of the ‘Total’ oil refinery stands in front of a large tank with the company’s logo in Leuna, Germany. Waltraud Grubitzsch | picture alliance via Getty Images LONDON…
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s of Hasbro Inc. HAS, +0.42% rallied 2.8% toward a one-year high in premarket trading Monday, after the toy maker reported fourth-quarter profit and revenue that rose above expectations, as…
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(Bloomberg) — SoftBank Group Corp. reported a record profit in its Vision Fund as a surging stock market lifted the value of its portfolio companies, but founder Masayoshi Son wiped…
- Business
Regeneron’s stock rallies after profit rises well above expectations, while revenue matches
s of Regeneron Pharmaceuticals Inc. REGN, +1.56% jumped 3.0% in premarket trading Friday, after the biotechnology company reported a fourth-quarter profit that rose well above expectations, while revenue was in…
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Cigna Corp. CI, +0.74% reported Thursday a fourth-quarter adjusted profit that fell below expectations, while revenue rose above forecasts. The health services and insurance company’s stock was still inactive in…
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A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank on Thursday beat earnings expectations…
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Capri Holdings Ltd. s CPRI, +2.59% rose 3% in premarket trade Wednesday, after the parent of Michael Kors, Versace and Jimmy Choo brands posted far better-than-expected profit for its fiscal…
- TV
Sony Pictures Posts $212M Profit In Third Quarter As Music Gets Boost From ‘Demon Slayer’ & Corp Ups Full-Year Forecast
Sony Pictures Entertainment recorded a $212M profit in the third quarter of Fiscal Year 2020, good for a 316% upward swing versus the similar period in 2019. The profit increase…