IT services major Tech Mahindra reported a 4.44 per cent decline in its net profit for the September quarter to Rs 1,194.5 crore, according to a company filing on Tuesday. The post-tax profit was lower than Rs 1,250 crore recorded in the same period last year, but slightly higher than Rs 1,141 crore posted in…
JPMorgan is hiring as part of its ambitious $1.5 trillion US “resiliency” plan, CEO Jamie Dimon announced on Monday.The bank is looking for financial specialists in defence, energy, artificial intelligence, and advanced manufacturing to help build an investment team. This team will deploy $10 billion in capital before the bank involves its bankers.“If you think…
Wholesale price inflation (WPI) eased to 0.13% in September, driven by lower prices of food articles and manufactured goods, according to government data released on Tuesday. The reading compares with 0.52% in August and 1.91% in the same month last year.“The positive rate of inflation in September 2025 is primarily due to an increase in…
Doug Lebda, the 55-year-old founder and CEO of LendingTree, has died in a tragic all-terrain vehicle accident at his family’s farm in North Carolina. The online lending platform confirmed his death on Sunday and said the company was mourning the sudden loss of its leader.“Doug was a visionary leader whose relentless drive, innovation and passion…
Georgieva commended India’s significant economic and structural reforms. (AI image) At a time when the global economy is looking at uncertainty due to Donald Trump’s tariffs, IMF Managing Director Kristalina Georgieva has said she is ‘very big’ on India. Praising India for its reforms, Georgieva said that the country has proved people wrong with its…
The company will adopt the name Tata Motors Passenger Vehicles Ltd (TMPV), comprising passenger vehicles, electric vehicles and Jaguar Land Rover (JLR) units. (AI image) Tata Motors demerger: Tata Motors shares dropped by 40% during early trading on Tuesday, with shares opening at Rs 399 on the Bombay Stock Exchange, compared to Monday’s closing price…
Asian shares traded mixed on Tuesday following a rally on Wall Street, sparked by US President Donald Trump’s assurances over ties with China. Japan’s Nikkei slipped 2.2% or 1061 points to 47,027 as trading resumed after a national holiday on Monday. In Hong Kong, the Hang Seng lost 0.1% to 25,839, while Shanghai’s Composite edged…
China gave a stern warning to the US on Tuesday, saying that it is prepared to “fight to the end” as the trade conflict between the two economic giants continues to grow.These remarks come after US President Donald Trump announced imposing an additional tariff of 100% on Chinese imports to the country. This takes the…
Wall Street staged a strong rebound on Monday as US stocks rallied following President Donald Trump’s calmer comments on trade with China, just days after his threats of higher tariffs had rattled global markets.The S&P 500 surged 1.5% to recover more than half of Friday’s drop, its steepest since April. The Dow Jones Industrial Average…
The Employees’ Provident Fund Organisation (EPFO) on Monday extended the deadline for filing EPF returns, or Electronic Challan-cum-Return (ECR), for the wage month of September 2025 by one week to October 22, PTI reported.Employers are normally required to file the ECR by the 15th of every month. The extension comes in view of requests from…