CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51 crore. Revenue from operations grew 16% to Rs 201 crore, while total income hit a record Rs 230 crore. EBITDA surged 45% YoY to Rs 63 crore, with margins improving...Read More

UBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking growth. The Swiss lender announced a $3 billion share buyback plan and achieved $12.6 billion in cumulative Credit Suisse integration savings while trimming its workforce below 100,000.Read More

Deutsche Bank reported a stronger second quarter with a 10% net profit increase. Its global investment banking division showed robust performance, driving this positive financial result. This growth helped offset rising expenses, reinforcing the bank’s long-term strategy. The lender’s chief executive expressed confidence in future growth and profitability targets. European banks continue to benefit from...Read More

Adani Ports and Special Economic Zones announced a consolidated net profit of Rs 3,620 crore for the first quarter. This marks a significant nine percent year-on-year increase from the previous financial year’s earnings. The company’s revenue from operations also saw a substantial eighteen percent growth. This impressive financial performance reflects strong operational capabilities and market...Read More

Swiggy shares climbed significantly, extending recent gains for a third consecutive session. Nandita Sinha, former Myntra CEO, now leads Swiggy’s Instamart business.This appointment occurs amid intense competition in India’s quick commerce sector. Meanwhile, Zepto is reportedly negotiating its IPO pricing at a lower valuation.The company may defer its listing if valuation targets are not met.Read More

Bitcoin traded near $63,000 on Wednesday as $510 million in liquidations, chip stock sell-offs, and US spot ETF outflows weighed on sentiment. Investors remain cautious ahead of the US Federal Reserve’s rate decision and legislative delays surrounding the CLARITY Act.Read More

The Adani Group is planning to raise another $3–4 billion over the next six months after mobilising Rs 43,500 crore through equity fundraising in the past nine months. Adani Green, Adani Ports and Adani Enterprises are expected to lead the fundraising, even as domestic mutual funds have raised their holdings in key Adani companies to...Read More

Devyani International has reported an impressive surge in net profit for the June quarter, marking a substantial revenue increase of 16.47% to Rs 1,580.51 crore. Likewise, total income experienced a robust rise of 16.72%. They earlier announced a merger with Sapphire Foods India, setting the stage for the formation of one of the largest quick-service...Read More

Nomura Holdings experienced a remarkable 39% net income surge in the first quarter, driven by favorable market volatility and unprecedented stock price levels. Additionally, increased wealth management fees contributed significantly to this growth. The company also achieved record highs in investment banking revenue, reflecting a dynamic start to the year. Looking ahead, Nomura expects a...Read More

European stocks saw a slight increase, driven by strong mining and energy sectors. Commodity prices surged, influencing gains in these key areas of the market. Personal and household goods stocks also advanced, boosted by positive company results. Technology shares experienced a minor dip, reflecting investor caution on spending. Investors are now awaiting signals on future...Read More