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Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.…
Jio, Airtel add over 5.3 million mobile users in September as India’s subscriber base crosses 1.3 billion
The number of wireless mobile subscribers rose from 1,293.43 million at the end of August to 1,300 million by the end of September, marking a…
Greece raises €500 million from three-month T-bills, yield rises
Greece has successfully sold €500 million worth of three-month Treasury bills. However, the yield on these bills was higher than what they offered in the…
Defence stocks to buy: Systematix initiates coverage for Astra Microwave, Data Patterns, sees up to 66% upside
Systematix has set a target price of ₹2,600 for Astra Microwave against its closing price of ₹1569.75, indicating an upside potential of almost 66%. Meanwhile,…
Britain issues costliest 5-year debt since 2008 before budget
Britain conducted a sale of £4.5 billion worth of 5-year debt at a yield of 5.036%. This yield reflects the highest rate seen since the…
Acts of God Meet Acts of AI in Private Equity’s New Debt Play
Force majeure has long protected companies from acts of God. Now some borrowers want protection from acts of AI.
UPI-MDR an additional earnings opportunity, not Paytm's business model foundation: Brokerages
Paytm has reported a substantial increase in revenue, demonstrating the success of its existing business model. The company's EBITDA has improved due to efficient cost…
PayPal raises 2026 profit forecast as turnaround gains traction
PayPal has raised its annual profit forecast as a multi-year turnaround begins to take effect. The company anticipates achieving significant cost savings through workforce reductions…
Newly listed stock has 27% upside potential! JM Financial issues buy call; Check target price and key triggers
JM Financial initiated coverage of Symbiotec Pharmalab with a Buy rating and a ₹1,622 target price, implying about 27% upside. It expects new capacity, CDMO…
WeWork India H1FY27 net profit rockets 150%, revenue surges 30%
WeWork India’s first-half FY27 net profit surged 149.5% to Rs 119 crore, while revenue grew 30.1% to Rs 1,466.7 crore. Capacity expansion, rising memberships, stronger…
Bitcoin trades near $79,000 as Fed rate uncertainty, selling pressure weigh on crypto markets
Bitcoin slipped near $79,000 as investors awaited the Federal Reserve’s policy decision. ETF outflows, macroeconomic uncertainty and selling pressure weakened sentiment, while traders monitored $78,000…
