Disney+ Hotstar, which had 61.3 million subscribers at the end of October 2022, shed a few million of them in the last two months of the year. Overall, in the…
Category: Companies
IRCTC Q3 net profit rises 22% to Rs 256 cr, firm declares interim dividend of Rs 3.5 per share
IRCTC, the tourism and ticketing arm of Indian Railways, on Thursday reported 22% jump in net profit at Rs 256 crore for the quarter ending December 31, 2022 as against…
MRF announces Rs 3 dividend for every share worth Rs 89,000; memes erupt on Twitter
Tyre maker MRF became meme-worthy on Twitter on Thursday after the company announced a second interim dividend of Rs 3 per equity share, which is priced at nearly Rs 89,000.…
Credit Suisse warns of more losses after falling deep into the red
Credit Suisse Group on Thursday reported its worst annual loss since the 2008 global financial crisis, hit hard by client withdrawals and warned that a further “substantial” loss would come…
‘No irregularities found in operations, dealings’: Adani Wilmar on raids at their Himachal warehouse
Adani Wilmar said that the Himachal Pradesh GST Department officials did not find any irregularities in the operations and dealings of the company. It further said that the company is…
Adani-Hindenburg issue: SC to hear two pleas asking probe into Hindenburg report
The Supreme Court will hear two petitions on Friday, which have been filed to seek a court-monitored probe into short-seller Hindenburg Research’s report that accused the Adani Group of stock…
‘Trust, transparency can lead to more investments’: Finnish minister says Adani allegations must be cleared
Adani-Hindenburg issue: Finnish minister for Development Cooperation and Foreign Trade Ville Skinnari on Wednesday said that there should be trust and transparency in the market and there should be ways…
Adani Group premises raided in Himachal Pradesh on allegations of tax irregularities
Himachal Pradesh State Excise and Taxation Department has raided the Adani Wilmar stores among other Adani Group establishments in the state. The team of the South Enforcement Zone of the…
‘Millennials were luckiest’: Zerodha’s Nikhil Kamath says it won’t be easy for Gen Z to start a business
Zerodha co-founder Nikhil Kamath, who usually dispenses market advice on Twitter, on Wednesday had a bad news for the Gen Z entrepreneurs. He said the period of 2008 to 2022…
Adani Group to pre-pay $500-million loan due on March 9: Report
Adani Group is planning to prepay a $500 million loan due next month to a group of foreign banks including Barclays Plc and Standard Chartered, Bloomberg reported on Wednesday. Barclays…