Check out the companies making headlines before the bell. Intel — Shares fell 13% after Intel reported mixed results for the fourth quarter, in addition to issuing softer guidance than expected for the current three-month period. The company posted 15 cents per share on an adjusted basis, topping analysts’ consensus estimate of 8 center per share,…
MUMBAI: Payments infrastructure startup Juspay has raised a fresh $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year. The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s…
Ledger is working with Goldman Sachs, Jefferies and Barclays to list in New York, potentially tripling its last valuation, the Financial Times reported. Source link
NEW DELHI: Jammu and Kashmir Police said on Friday that a terrorist has been killed in an anti-terror operation in the Billawar area of Kathua, where an encounter broke out on January 7.The terrorist was a Pakistani national, according to police officials. “A Pakistani terrorist has been killed in the gunfight,” PTI quoted officials as…
The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and opaque corner of Wall Street lending into the spotlight. Private credit, also known as direct lending, is a catch-all term for lending done by nonbank institutions. The practice has been around for decades but surged…
The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the…
The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches. Source link
NEW DELHI: The Election Commission on Thursday formally launched ECINET — a single digital platform that onboards over 40 different election-related applications and portals — at the ongoing India International Conference on Democracy and Election Management (IICDEM) here, with chief election commissioner Gyanesh Kumar offering EC’s collaboration to other election management bodies (EMBs) for developing…
The Adani Group has rejected the allegations as unfounded and said it will take all legal steps available to defend its position. Adani Group stocks today: Shares of several Adani Group companies including Adani Green, Adani Enterprises, Adani Energy and Adani Ports have dropped by up to 10% after the US Securities and Exchange Commission…
The metric highlights weak risk-adjusted performance during periods of volatility, a feature of drawdowns that can persist for months. Source link
