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2024-11-05 05:32:04| The Economic Times

New-age tech companies in India, despite grand IPOs, are facing a harsh reality in the stock market. Many, including Paytm and Nykaa, have seen their stock prices plummet, highlighting investor concern over profitability. While Zomato has shown a turnaround, upcoming IPO hopeful Swiggy's path to profitability remains a key concern for potential investors.

Category: News and Media

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2024-11-05 04:31:02| The Economic Times

Exide Industries witnessed a 13.66% dip in consolidated profit for the September quarter, despite a rise in revenue. The company's profits were impacted by increased expenses, even as demand in sectors like two-wheeler, four-wheeler, and industrial-UPS remained strong.

Category: News and Media

2024-11-05 04:30:00| The Economic Times

October can often be a volatile month due to various factors like earnings reports and economic data releases. The volatility we've witnessed this October is largely driven by heightened geopolitical tensions, particularly the ongoing conflict in the Middle East.

Category: News and Media

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15.11 US Fed chair Jerome Powell declines to say if he would remain after term expires 15.11 Trump wants to end 'wokeness' in education. He has vowed to use federal money as leverage 15.11 Party of Sri Lanka's new Marxist-leaning president wins majority in parliament 15.11 More Illinois hospitals get A grades for safety; a dozen get Ds 15.11 China's home prices fall fastest in 9 years, but officials see signs of stabilisation 15.11 Concerns in US over growing extremism in Bangladesh, Sheikh Hasina did good job in controlling it: Ex-White House official 15.11 Friday Watch 15.11 Delaware limited liability company paid Ken Griffin $19M for top 2 floors in Near North Side building More »