European shares hit a record high on Wednesday as investors were relieved by a potential end to a historic U.S. government shutdown and also assessed corporate updates from UK’s SSE and France’s Edenred.Read More
Info Edge India reported a significant 1,260% surge in its Q2 net profit, reaching Rs 316 crore compared to Rs 23 crore in the previous year. Revenue from operations also climbed 15% to Rs 805 crore. The company’s diverse businesses, including recruitment, real estate, matchmaking, and education, contributed to this strong financial performance.Read More
India’s travel boom is shifting to mid-tier hotels as GST cuts, rising incomes, and medical tourism drive demand, says Sunil Subramaniam, CEO of Sense and Simplicity. He remains bullish on PSU and power infrastructure stocks as long-term bets and calls the recent Britannia leadership-driven selloff an overreaction, reaffirming confidence in India’s consumption growth story.Read More
Bitcoin slipped nearly 3% to around $103,000 after briefly touching $107,000, as profit-taking and weakness in AI and tech stocks weighed on sentiment. Ethereum and major altcoins also declined, pulling the global crypto market cap down over 3% to $3.47 trillion, according to CoinMarketCap.Read More
Adani Enterprises shares: The stock soared after the company finalized terms for its ₹25,000 crore rights issue. The issue, involving partly paid-up equity shares of ₹1 face value, aims to strengthen the company’s capital base and support future growth plans, the firm said in an exchange filing.Read More
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