Land of the rising sun shines bright after 34 years
On Thursday, Japan’s benchmark stock index hit a record high—a level last seen in 1989. What caused this rally and why is this such a big deal for the country?
22 February, 2024•1 min
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22 February, 2024•1 min
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Markets
99 Store is Swiggy’s latest bet in a saturated food delivery market
The food and grocery delivery giant is facing intense competition in both its core businesses, but the odds are stacked against Rs 99 meals being the solution.
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Markets
99 Store is Swiggy’s latest bet in a saturated food delivery market
The food and grocery delivery giant is facing intense competition in both its core businesses, but the odds are stacked against Rs 99 meals being the solution.
Markets
The big hit to Meesho’s financials from the tax on flipping
The ecommerce platform is reportedly on the hook for $288 million that it will have to pay US authorities to move its domicile back to India ahead of an IPO.
Markets
IndusInd Bank’s near Rs 2,000 cr financial dent was caused by ‘incorrect accounting’
An independent investigation, in its report, blames the notional recording of profits by the bank in its internal derivatives trades.