When you buy a new car, you may wonder if the warranty covers all the things that aren't covered. After all, most warranties don't cover any of the following: brake pads and rotors, batteries, windshield…
The Moneyist: My friends shame me for being…
Dear Moneyist, I have an old group of friends I’ve been close with for more than 15 years. Two years ago, I graduated from college after struggling to get my undergraduate degree in computer science…
The curious case of stock rallies after investor…
Mumbai: Is there a strengthening co-relation between companies’ investor meets and the performance of their share prices? It may be a soft indicator for now but a study of the performance of shares around the…
New India Assurance Q4 results: Posts net profit…
New Delhi: State-owned general insurer New India Assurance on Tuesday reported Rs 126.6 crore profit for the fourth quarter ended March 31. The company had registered a net loss of Rs 270.54 crore in January-March…
‘It was a scary, unnerving time’ — Coronavirus…
Jacy and Seth Boyack reopened their Arizona massage spa earlier this month from pandemic-driven closures. But they shut Citrus Massage back down after four days, citing safety concerns from the Covid-19 outbreak. In an interview Monday…
Elon Musk emails Tesla employees: ‘Breaking even is…
This photo of a production version of Tesla's Model Y was included in the company's Q4 2019 earnings report.TeslaTesla CEO Elon Musk sent one of his characteristic motivational emails to all employees at his electric…
I-T relief on purchase of discounted shares of…
In a move to encourage more investors to participate in reconstruction schemes, including Yes Bank and others approved by National Company Law Tribunal or are still pending with it, the government has exempted purchase of…
Wells Fargo says it expects to cut dividend…
People walk by a Wells Fargo bank branch on October 13, 2017 in New York City.Spencer Platt | Getty ImagesWells Fargo warned on Monday that it will likely cut its dividend after the Federal Reserve…
Premji Invest to acquire controlling stake in Baroda-based…
Premji Invest, the investment arm of Azim Premji, has agreed to acquire a controlling stake in Baroda-based Best Value Chem (BVC). BVC, a specialty aroma chemical manufacturer, said the transaction involves the selling of stake…