Zomato’s Deepinder Goyal on Wednesday announced that he is stepping down from the role of Eternal Group Chief Executive Officer, effective February 1, according to a company filing. In a letter to shareholders, Goyal said, “Of late, I have found myself drawn to a set of new ideas that involve significantly higher-risk exploration…
The use of TREPS is becoming increasingly widespread, and as per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions. Mutual Funds…
Jio Financial: Revenue from operations witnessed a sharp 46.58 per cent rise to Rs 612.46 crore, up from Rs 417.82 crore in the same quarter a year earlier. Jio Financial Services Ltd (JFSL) on Thursday posted a 3.85 per cent year-on-year (YoY) rise in its consolidated net profit for the first quarter (Q1) of FY26,…
Bitcoin surpassed the $1,21,000 milestone for the first time today, on July 14, trading at $1,20,893.86, and marking a 29 per cent increase for the world’s largest cryptocurrency this year. Bitcoin surged past the $1,21,000 milestone for the first time ever on Monday, July 14, building on the sharp rally witnessed so far this year.…
Reliance Industries (RIL) share price climbed 2 per cent in trade and its market capitalisation crossed ₹20 trillion mark once again; check all details Reliance Industries (RIL) shares climbed 2 per cent in trade on Thursday, logging an intraday high at ₹1,496.8 per share on BSE. The company’s market capitalisation surpassed the ₹20 trillion…
Following a brief spell in the red, the midcap 100 and smallcap 100 indices clawed backed in the positive with gains of about 0.7 percent each. Benchmark indices Nifty and Sensex closed sharply higher on March 20, extending their winning streak as a broad-based rally lifted all sectoral indices over 1 percent. IT stocks…