Gurugram-based hospital chain Fortis Healthcare posted a 21.8 per cent year-on-year decline in consolidated net profit for the third quarter of the financial year (Q3FY26) to ₹193.7 crore. However, revenue from operations rose 17.5 per cent to ₹2,265 crore. The decline in profits can be attributed to a one-time exceptional expense of ₹55.2 crore related […]
Budget carrier SpiceJet reported a consolidated net loss of Rs 261.38 crore in the quarter ended December, compared to a net profit of Rs 20.43 crore in the same period a year ago. The profit after tax (PAT) accrues to the owners of the holding company.The company said in a stock exchange filing that it […]
Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank | Photo credit: KSL While private sector bank Karur Vysya Bank achieved record profitability this quarter, the bank says strategic steps it has taken to control cost of deposits, return on funds and steps for better recovery have helped them achieve this milestone. “In […]
Anuj Mathur, Managing Director and Chief Executive Officer, Canara HSBC Life Insurance Company Limited, speaks at a press conference. | Photo credit: ANI Private sector insurer Canara HSBC Life Insurance on Wednesday reported a 5.69 per cent year-on-year decline in net profit to ₹27.65 crore for the third quarter of this fiscal, even as net […]
U.S. bank stocks fell as much as 4% on Wednesday as investors unpacked quarterly earnings from Bank of America and Citigroup and the proposed 10% cap on credit card interest rates, which is widely seen as having implications for financial institutions.The S&P banking index fell just over 1%. Wells Fargo pushed the U.S. stock market […]
The opinions of contributing entrepreneurs are their own. </p><div> Key Takeaways 80% of turnover requires five or more follow-up actions, but most entrepreneurs stop after one time. Professional calling services allow you to expand your reach without the overhead. Calling internally often costs five times more than outsourcing if you include the opportunity costs. Professional […]
Topline Dell shares rose along with other technology stocks on Wednesday despite third-quarter revenue falling $120 million short of Wall Street’s revenue expectations, though the company was able to salvage the miss with stronger-than-expected earnings per share and a positive AI sales forecast. Dell shares rose nearly 7% on Wednesday. Omar Marques/SOPA Images/LightRocket via Getty […]
Capillary Technologies India has raised Rs 394 crore from a group of anchor investors ahead of its initial public offering (IPO), which opens for subscription on Friday, November 14. Ravi Dharamshi-backed Valuequest, French asset management firm Amundi and HSBC are some of the major investors who have received the allocations.The software product company allotted 68.28 […]
The initial public offering (IPO) of Excelsoft Technologies, a global vertical SaaS company focused on the learning and assessment market, will open on November 19 and close on November 21, according to the red herring prospectus (RHP). The Rs 500 crore IPO of the Karnataka-based company is a combination of a fresh issue of shares […]
November 12, 2025 Image source: Gemini AI Any monkey can beat the market…claimed an article Forbes in 2012. The publisher cited findings from a report by Research Affiliates. The latter randomly selected 100 portfolios with 30 stocks from a universe of 1,000 stocks. The quirky thing here was that the wallets were selected by monkeys. […]