BENGALURU: Eternal-the listed parent of Zomato – posted a net profit of Rs 25 crore, an over 90% decline from Rs 253 crore in the year-ago period, due to increased investments in Blinkit and other emerging segments. Eternal reported a 70% year-on-year increase in consolidated revenue to Rs 7,167 crore for the quarter. Source link
CJI BR Gavai (file photo: PTI) NEW DELHI: Taking a swipe at judges who resign to contest polls, as Calcutta HC’s Justice Abhijit Ganguly did last year, or take govt posts after retirement, CJI B R Gavai said such decisions raises “significant ethical concerns” and could undermine public trust in judiciary’s integrity.Delivering a lecture at…
UnitedHealth Group (UNH) stock tumbled 19% Thursday after the company drastically cut its 2025 earnings forecast, citing significantly higher-than-expected medical costs tied to a surge in demand for outpatient and physician services within its Medicare Advantage plans.The insurer now expects adjusted earnings per share to fall between $26 and $26.50, well below its earlier guidance…
There was little rest on Wall Street this weekend. There was plenty of anger, anxiety, frustration, and fear. Anger at President Trump for a brash and chaotic rollout of tariffs that erased trillions of dollars in value from the stock market in two days. Anxiety about the state of the private equity industry and other…
At 11 a.m. on Friday, the S&P 500 was down about 4 percent, on top of a nearly 5 percent drop the day before. On Fox News, Harris Faulkner opened her 11 a.m. newscast with the following pronouncement: “President Trump is keeping another campaign promise. He tilted the global economy, and he’s done that to…
“Inflation is a low drip, like boiling a frog: The impact kind of creeps up on you, but when it hits, it doesn’t feel good,” Mr. Haynes said. Don’t fool yourself into thinking you can bail out of stocks now, then jump back in when the market stabilizes. Gains historically have come in unpredictable spurts,…
Wall Street and global markets took a sharp downturn Thursday following US President Donald Trump’s announcement of new tariffs on imports from around the world, stoking fears of an escalating trade war and rising recession risks, news agency AP reported. Futures for the S&P 500 plunged 3.4%, while Dow Jones Industrial Average futures dropped 2.8%,…
Adani Enterprises, the group’s primary entity, experienced a 27% reduction in share price this year. Gautam Adani-led Adani Group stocks’ aggregate market capitalisation has declined by 21% in FY25 compared to the previous year, amidst market fluctuations and regulatory scrutiny. A total of Rs 3.4 lakh crore have been wiped out in market cap. Adani…
Tesla shares plunged on Monday, hitting their lowest point since before Election Day, as investors registered the impact of falling sales and increasing protests over the high-profile political role that Elon Musk, the company’s chief executive, has taken on. In midday trading, the electric-car maker’s shares were down more than 11 percent for the day,…
Tesla’s sales in Germany plunged in February, part of a wider slump across Europe that has undercut the company’s share price and highlighted anger at the political activities of Elon Musk, the company’s chief executive. Sales of Tesla cars in Germany, Europe’s largest market for electric vehicles, dove 76 percent in February compared with a…