Paytm Shares Rally After Strong Q2 Performance Prompts Brokerage Optimism
Shares of fintech major Paytm saw a 2% gain on the BSE after reporting a significant 976% year-on-year surge in net profit for the second quarter.
Latest stories, in-depth analysis & breaking updates
Shares of fintech major Paytm saw a 2% gain on the BSE after reporting a significant 976% year-on-year surge in net profit for the second quarter.
Oil prices retreated slightly as diplomatic efforts to ease Middle East tensions gained momentum, though persistent security threats in the region kept markets volatile.
Indian equity markets snapped a four-session losing streak on Monday, with the Nifty 50 closing higher as investors assess a flurry of quarterly financial results.
The Indian rupee weakened on Monday, closing at 95.18 against the U.S. dollar as elevated global oil prices and persistent importer demand exerted downward pressure on the currency.
The artificial intelligence developer behind the Claude model has filed for a potentially record-breaking initial public offering despite internal warnings about the safety of advanced technology.
Microsoft has extended a voluntary exit package to approximately 60,000 employees worldwide, representing 27% of its total workforce, amid a strategic pivot toward heavy AI infrastructure spending.
Microsoft is offering voluntary buyout packages to approximately 60,000 employees across key global markets as part of a strategic effort to manage costs and restructure its workforce.
Indian equity indices staged a strong recovery on Monday, moving past early losses to end the trading session in positive territory.
The Chennai-headquartered state lender announced plans for a significant overseas borrowing after reporting strong second-quarter financial results.
Kotak Mahindra Bank founder Uday Kotak has described India's FCNR(B) deposit scheme as a vital insurance policy that requires strategic planning for future repayment obligations.