Headlines

Meesho’s 2nd qtr loss narrows 68% to 132cr

BENGALURU: E-commerce company Meesho’s net loss narrowed 68% to Rs 132.4 crore in the Sept quarter from Rs 411.4 crore a year earlier, as revenue grew faster than expenses. Total income rose 31% to Rs 4,259 crore from Rs 3,254.9 crore. Revenue from operations increased 34% to Rs 4,131.6 crore. The loss was nearly unchanged…

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Financial services firm Chola to raise 5k crore through QIP

File photo: Cholamandalam Investment and Finance Company CHENNAI: Cholamandalam Investment and Finance Company (Chola), the financial services arm of Murugappa Group, will raise Rs 5,000 crore through qualified institutions placement (QIP). Its board gave the nod for fundraise, the company said on Wednesday. The board approved the issue of equity shares and/or eligible securities convertible…

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‘From the river to the sea’: Hundreds rally across Israel for Jewish-Arab government as election count continues

(Photo: ANI) Hundreds protest in Tel Aviv, Jerusalem and Haifa calling for Jewish-Arab government. Around 300 people gathered at three locations in Israel to demand the formation of a Jewish-Arab government. The protests were held at Paris Square in Jerusalem, Mesila Park in Tel Aviv and Unesco Square in Haifa.Demonstrators held placards bearing slogans including…

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TVS Motor Company raises prices

File photo: The TVS Motor logo on a motorbike inside a TVS Motor repair shop, in New Delhi TVS Motor Company expects two-wheeler industry growth to moderate to single digits in the Oct-Dec quarter after a strong first half, as a high base and rising material costs temper the outlook. The company has implemented small…

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3 Wall Street firms agree to pay up to $100,000 a month to get Trump’s posts faster: How it works

3 trading firms agree to pay Trump’s Truth Social for faster access US President Donald Trump’s paid social media service, Truth API, has found customers, with Bloomberg and two high-frequency trading firms paying for faster access to his posts. The service costs financial institutions up to $100,000 a month.Two sources with direct knowledge of the…

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“Friendship is always a sweet responsibility, never an opportunity”; why true friends stand by you without expecting anything in return and never treat your bond as a means to get ahead

Friendship reveals its true meaning when there is nothing to gain. It is easy to stay close to someone when life is exciting, opportunities are flowing, or their success can somehow benefit others. But what happens when a friend has nothing to offer? The quote, “Friendship is always a sweet responsibility, never an opportunity,” is…

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Sebi to review compliance norms for FPIs

MUMBAI: Sebi chairman Tuhin Kanta Pandey on Wednesday said the regulator will review compliance requirements for FPIs and issue a consultation paper to seek views on aligning Indian norms with global standards, while retaining safeguards for investor protection and market integrity.Acknowledging that some compliance requirements in India remain more onerous than those in other major…

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