Profiles Financial News

Subscribe to enjoy similar stories. Bengaluru: Mattress maker Duroflex has aggressively pursued profitability in the past two years as it prepares to list on the public markets in the coming 18 months, its group chief executive officer (CEO) Sridhar Balakrishnan said. The public offering will largely be to give its investors an exit, he said, adding that there is no pressure for the company to raise funds through private equity or an initial public offering (IPO) in the near term as it is well-capitalized for its future expansion plans.

MS Dhoni, Suresh Raina, and Rishabh Pant have captured the hearts of fans across the nation with a delightful video that has gone viral on social media. The trio was spotted reveling at the sangeet ceremony of Pant's sister, Sakshi, in the picturesque town of Mussoorie, where the atmosphere was electric with joy and laughter. The wedding festivities, marking Sakshi's upcoming marriage to businessman Ankit Chaudhary, have been nothing short of grand, and the cricket legends added a special touch to the occasion by swaying to the enchanting sufi melody of ‘Dama Dam Mast Qalandar’. The video, which surfaced on Wednesday, showcases the dynamic trio dancing with infectious energy, reminding everyone of the joy that cricket brings both on and off the field.

«Wow, Jennie’s manager is outright shading the other BLACKPINK members. Lol,» one user reportedly remarked. The review in question was overwhelmingly positive about Jennie’s latest solo album, Ruby, hailing it as not only the strongest effort from a BLACKPINK soloist but also one of the most remarkable individual releases in the K-pop industry. The critique particularly praised the album’s exceptional production, with contributions from renowned producers such as Dem Jointz, Mike Will Made It, and El Guincho.

Subscribe to enjoy similar stories. Bengaluru: The heads of three critical functions at digital bank Jupiter have resigned at a crucial juncture for the fintech startup, which is undertaking a cost-cutting and restructuring exerise.

Fitch Ratings has removed energy infrastructure company Adani Energy Solutions (AESL) from its 'Ratings Watch Negative' list and assigned a Negative Outlook, it said in a statement on Monday. The agency cited concerns over ongoing US investigations that could reveal governance weaknesses and affect financial stability. The agency warned that the outcome of the probe could impact the company's credit profile. It had affirmed the long-term foreign- and local-currency issuer default ratings at 'BBB-'. «The risks associated with the group's liquidity and funding requirements have moderated,» Fitch said in a statement, adding that the proceedings and outcome of the US investigations could reveal that the group's corporate governance practices are weaker than it expected, potentially leading to negative rating action in the near to medium term.

Subscribe to enjoy similar stories. Imagine logging into your insurance account, only to find a stranger’s policy details displayed instead. To make matters worse, imagine the stranger being mistakenly listed as your spouse.

Kairan Quazi, the teen prodigy, who, at 14, became the youngest staff member of Elon Musk's space tech firm SpaceX? Soon after, the youngster’s LinkedIn profile was deleted, as the platform requires users to be at least 16 years of age to avail its services. Now, he's back on LinkedIn. “Now that I’m 16, LinkedIn has let me back on the platform," revealed Quazi on Instagram. The post went viral, with many social media users welcoming him back enthusiastically. “Welcome back! We missed you." Another commented, “Back where he belongs." Since 2023, Quazi has been employed as a software developer at SpaceX, where he actively contributes to the Starlink initiative. His primary focus lies in designing data-driven solutions for complex optimization challenges, particularly in beam planning. This highly specialized role demands expertise in low-latency computing, high-efficiency processing, and real-time system development.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels On the last trading day, the Nifty 50 closed at 22,544.70. This figure reflects the index's performance on that day, indicating market sentiment and trends among the top 50 companies listed on the National Stock Exchange of India.

St. Patrick’s Day event, Clover Craze, starts on March 13, 2025. It will be available in multiplayer, battle royale and Zombies. Players must collect clovers to earn rewards. Season 3 was delayed until April 3, which may extend the event beyond its planned end date of March 20.

Subscribe to enjoy similar stories. Like most states, Andhra Pradesh and Telangana have diverse culinary regions. There is coastal Andhra cuisine, the food of Rayalaseema that is further inland, Telangana cuisine that is divided into food from the Deccan Plateau region and Hyderabadi cuisine and Uttarandhra food from the northernmost part of the state.

The report highlighted that around Rs 45-50 lakh crore of this debt will be required for capital expenditure, while the remaining Rs 70-75 lakh crore will be used by NBFCs and for meeting working capital requirements. It said «Corporate India will need to raise approx. Rs 115-125 lakh crore of debt between fiscals 2026 and 2030 to meet private and public sector capex».

«We are still some time away from paint stocks bottoming out. We have seen players like Asian Paints, the margin profile coming down from say 20% plus kind of a level to about 15-16 odd,» says Pankaj Pandey, Head Research, ICICIdirect.com. Just wanted your own sense on what Tesla's entry into India, if all gets cleared, actually means for the incumbents from within the passenger vehicle segment within that segment. Your namely Tata Motors, M&M, and a Hyundai as well. Pankaj Pandey: So, our sense is that when you look at the cheapest price product from Tesla, the overall costing is going to be in excess of 40 lakhs. So, from that perspective, it is not going to compete with the listed players. Probably it will have or it is going to compete with the likes of German manufacturers, especially BMW, Mercedes, and others.

A recent report by the Reserve Bank of India (RBI) has sounded the alarm on the rapid rise in bank fraud cases. 

mutual funds to invest in. They ask their friends or colleagues or in some mutual fund forums for top or best schemes while starting their investment journey or while deciding to invest extra money. But most of them are not satisfied with the answers they get from the internet or friends due to different reasons. An online search would mostly take you to some websites with ready-made lists. Most often, the schemes may be shortlisted on the basis of their short-term performance. Sometimes, the schemes from a single category may dominate the list because that category happens to be the flavour of the season. Also Read | Best mutual fund SIP portfolios to invest in March 2025

Do your homework and market research. Find out the salary range for a similar role in your industry or field and what the company offers for the given profile. It will give you a clear idea about what you should ask for and negotiate if the company offers less. Mention a salary range

Subscribe to enjoy similar stories. If you read our profile of former Disney employee Matthew Van Andel, whose life was destroyed following a single download, you might be wondering: How can I prevent this from happening to me? The bad news is that anyone who uses the internet can be hacked. That is because in the game of hacking, the bad guys can fail as many times as they like.

Arindam Paul, a graduate of NIT Surat and IIM Indore, has experienced firsthand how appearances lead to assumptions in India. Despite his professional achievements, people often stereotype him based on his looks. From being mistaken for a gym trainer in his residential society to being asked about stag entry rules outside a pub, these incidents have become a recurring theme in his life, he said in a post.

Carraro India's stock has fallen by 38% since February 6 after the auto ancillary company reported a sharp drop in net profit for the December quarter amid muted revenue growth. This has extended its discount over the IPO price of ₹704 to 52%. For the company, which was listed on bourses on December 30, the short-term outlook appears to be bleak amid pressure on profitability and weakness in the international market.

Warren Buffett's latest shareholder letter contains the usual folksy mix of wisdom and humor. But it also strikes a more contemplative tone, reflecting on the divergent mortality of the company and its chief architect. On Berkshire Hathaway Inc., Buffett is upbeat. “Companies die for many reasons but, unlike the fate of humans, old age itself is not lethal. Berkshire today is far more youthful than it was in 1965,” he writes.

Subscribe to enjoy similar stories. 360 One WAM Ltd and Anand Rathi Wealth Ltd were the listed pure plays in wealth management in India. However, that will no longer be the case with 360 One’s acquisition of B&K Securities and B&K Finserv.