SJVN, a prominent Indian company, announced its fourth-quarter (Q4) results on May 29, 2024, revealing a notable financial downturn. The results showed a 4.14% decrease in revenue and a significant 49.82% decline in profit year-over-year (YoY). This report delves into the key financial metrics and offers insights into the company’s performance, challenges, and future prospects. […]
The recent approval from Singapore’s court for Pine Labs, backed by Peak XV Partners, to relocate its domicile to India has set a significant precedent in the business landscape. This move has garnered attention not only from industry insiders but also from top management consultants who view it as a positive development for Indian-origin companies […]
CBI Arrests Dheeraj Wadhawan in Connection with ₹34,000 Crore DHFL Bank Fraud Investigation. The Central Bureau of Investigation (CBI) has arrested Dheeraj Wadhawan on Tuesday in connection with the ₹34,000 crore DHFL bank fraud case. This case is notably the largest banking loan fraud in India’s history, involving the alleged defrauding of a consortium of […]
UBS Maintains ‘Buy’ Rating on Zomato with Rs 250 Price Target: Q4 Analysis Unveiled Global financial institution UBS has upheld its ‘Buy’ recommendation on Zomato, setting a price target of Rs 250 for the stock. This update comes alongside an insightful analysis of Zomato’s performance in the fourth quarter, shedding light on key metrics and […]
“Pichai Highlights Google’s AI Focus Since 2016, Despite Missing Chatbot Trend” Alphabet CEO Sundar Pichai responded to a taunt from Microsoft CEO Satya Nadella, who had remarked about making Google ‘dance’ following Microsoft’s advancements in AI-powered innovation with the ‘new’ Bing. During an interview with Emily Chang on The Circuit, Pichai emphasized his focused approach […]
Warren Buffett revealed that Berkshire Hathaway pocketed $100 million daily, even on weekends, throughout 2023. He shared this impressive feat during the discussion of the company’s quarterly earnings at the Annual Shareholder Meeting on May 4th. In its first quarterly report, Berkshire Hathaway disclosed operating earnings of $11.2 billion, marking a notable increase from $8.07 […]
On Friday, C2FO, a prominent on-demand working capital platform, announced the launch of its platform aimed at tackling liquidity issues encountered by MSMEs. The platform has gone live with State Bank of India and Dabur India as its inaugural participants. This development follows the recent approval received by Dabur from C2FO’s wholly-owned subsidiary, C2FO Factoring […]