Paytm posts first net income after selling assets to Zomato
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer fights to rebound from regulatory setbacks.The company, which trades as One 97 Communications Ltd., reported net income of 9.3 billion rupees ($111 million) in the quarter through September,
In a Malaysian Pop-Up City, Echoes of China’s Housing Crash
Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke. Source link
Poonawalla to acquire 50% in Dharma Productions for 1,000 crore
NEW DELHI: Adar Poonawalla-led Serene Productions announced that it will invest Rs 1,000 crore into Karan Johar’s Dharma Productions and Dharmatic Entertainment. Serene Productions will hold a 50% stake in Dharma, with Karan Johar retaining the remaining half.The collaboration aims to transform content creation, distribution and audience engagement by integrating
Bruce Ames, 95, Dies; Biochemist Discovered Test for Toxic Chemicals
The Ames Test offered a fast and inexpensive way to identify carcinogens, leading to the banning of chemicals linked to cancer and birth defects. Source link
Olivia Nuzzi and New York Magazine Part Ways After RFK Jr. Relationship
Ms. Nuzzi, a political writer for the magazine, had been on leave since she disclosed a personal relationship with Robert F. Kennedy Jr. last month. Source link
UltraTech Cement Q2 profit at Rs 825.18 crore
NEW DELHI: UltraTech Cement Ltd on Monday reported a consolidated net profit of Rs 825.18 crore for the September quarter. The leading cement maker posted a consolidated net profit of Rs 1,280.38 crore in the July-September period a year ago, the Aditya Birla group flagship firm said in a regulatory
PPF: How to open a Public Provident Fund account – check simple steps, documents required, interest rate & more
Any resident of India is eligible to open a PPF account. (AI image) How to open a PPF account: The Public Provident Fund (PPF) is a government-backed savings scheme that is widely favored by investors for building a corpus over an extended period. It provides tax advantages, assured returns, and
NPS-related complaints: How can subscribers register National Pension System complaints? Quick guide
NPS grievances: To file a complaint, subscribers can utilize the online grievance redressal portal. (AI image) NPS complaints: The National Pension System (NPS), overseen by the Pension Fund Regulatory and Development Authority, is a voluntary retirement savings plan designed to provide financial security to subscribers in their retirement years. However,
PM Modi highlights Mark Mobius’ ‘love for India’; says renowned global investor believes 50% should be invested in Indian stock market
Citing Mobius’ view, PM Modi said, “Mark Mobius is one of the many persons who loves India. Prime Minister Narendra Modi has highlighted renowned global investor Mark Mobius’ ‘love’ for India. PM Modi on Monday emphasized the increasing confidence of global investors in India’s thriving economy, citing the recent comments
Trump Ratchets Up Threats on the Media
Presidents are not all-powerful, but, if elected, Donald Trump would have some influence with the federal regulators who oversee major television networks. Source link