Business Markets
European stock markets rose on Thursday as investor concern eased after U.S. President Donald Trump withdrew threatened tariffs on several European countries tied to tensions over Greenland and agreed on a diplomatic framework with NATO. Major indexes regained ground after earlier sharp losses linked to trade fears. Market Reaction The STOXX Europe 600 index climbed […]
Business
Deepinder Goyal has resigned as chief executive officer of Eternal Ltd, the parent company of Zomato and Blinkit. The leadership change will take effect from February 1, 2026, the company said in an official announcement. Albinder Dhindsa Named Successor Eternal has appointed Albinder Singh Dhindsa, currently the chief executive officer of Blinkit, as its new […]
Business Markets
Asia Pacific stock markets fell as investors reacted to renewed U.S. tariff threats tied to President Donald Trump’s push for tariffs on several European countries over geopolitical tension linked to Greenland. Japan’s Nikkei 225 and South Korea’s Kospi both declined, reflecting a cautious mood in regional equities. Wall Street Drop Hits Sentiment Wall Street suffered […]
Business
Jio Platforms has initiated formal steps toward a major public listing, signalling the start of what could become one of India’s largest initial public offerings. The digital arm of Reliance Industries has begun internal preparations as it evaluates the structure and timing of a potential public float. Banks Shortlisted for IPO Process The company has […]
Business Finance
ICICI Bank has approved a two-year extension for Managing Director and Chief Executive Officer Sandeep Bakhshi, deferring succession-related discussions at the country’s second-largest private sector lender. The decision extends his tenure beyond the previously scheduled end, subject to regulatory and shareholder approvals. Board Cites Continuity The bank’s board said the
Business Finance
India’s second-largest private lender ICICI Bank reported a lower-than-expected net profit for the quarter ending December 31, 2025, as higher provisions for potential loan losses weighed on earnings. The bank’s profit fell compared with the same period last year and did not meet market forecasts. Profit and Financials ICICI Bank’s standalone net profit was reported […]
Business Finance
Yes Bank posted a strong jump in net profit for the third quarter ended December 31, driven mainly by a sharp reduction in provisions for bad loans. The private lender reported a significant year-on-year increase in profit, reflecting improving financial stability after years of stress. Lower Provisions Boost Earnings The profit growth was largely supported […]