Why Germany is rich but Germans are poor and angry on January 16, 2024 at 6:30 am

The top 10% of households have at least €725,000 ($793,000) of net assets and control more than half of the country’s wealth. Helping more people share in the benefits of economic prosperity would go a long way toward neutering support for radical political parties and cooling the anger now boiling over in Germany

Piyush Goyal to meet 40 unicorn startups on January 17 on January 16, 2024 at 8:27 am

Issues which will figure in the deliberations include ways to further promote sustainable growth of the sector, risks, domestic capital mobilisation and position India on the global startup landscape, the official said.

Newgen Software Q3 profit rises 44%, stock hits upper circuit on January 16, 2024 at 8:42 am

Newgen Software#39;s revenue came in at Rs 324 crore, up 27 percent from the year-ago period

UBS downgrades Syngene to ‘sell’ on weak outlook, shares slip 3% on January 16, 2024 at 6:31 am

The outlook for Syngene looks weak on a tough marco situation, global headwinds and falling VC funding, said UBS.

HDFC Bank, Reliance, Bajaj Finance in fray to be India#39;s first trillion-dollar company by 2032 on January 16, 2024 at 6:33 am

There are only six firms with $1 trillion market cap. Microsoft leads the pack at $2.9 trillion, followed by Apple at $2.87 trillion and Saudi Aramco at $2.1 trillion. In India, RIL is most valued firm at $213 billion, while HDFC Bank and Bajaj Finance are also in fray to be the first in India… Continue reading HDFC Bank, Reliance, Bajaj Finance in fray to be India#39;s first trillion-dollar company by 2032 on January 16, 2024 at 6:33 am

PNB Housing Finance gains after Motilal Oswal rates it as a top pick on January 16, 2024 at 6:39 am

Motilal Oswal expects net interest margins to expand by around 20 basis points over the next two years to 4.4 percent in FY26 because of declining borrowing costs and a slight expansion in yields.

RIL Q3 preview: Revenue, EBITDA to grow on robust retail, digital earnings; refinery, petrochem outlook eyed on January 16, 2024 at 7:02 am

RIL Q3 preview: RIL#39;s revenue expected to grow in December quarter, driven by robust performance by Reliance Jio and Reliance Retail

Union Bank of India becomes fourth PSU lender to cross Rs 1-lakh-crore valuation on January 16, 2024 at 7:24 am

The stock in 2023 jumped nearly 49 percent while so far in 2024 it advanced nearly 15.1 percent. The firm will report its December quarter earnings on 20 January.

HDFC Bank trades flat ahead of Q3 results, stock up 9% in 3 months on January 16, 2024 at 5:40 am

According to a Moneycontrol poll, HDFC Bank#39;s NII in Q3 is expected at Rs 28,846 crore against Rs 27,385 crore in the previous quarter

Mid-day Mood | Indices recover from early losses amid gains in financial stocks, IT sees profit-booking on January 16, 2024 at 6:17 am

The benchmark indices shrugged off weak global trend to recoup early losses to trade marginally high on gains in financial names