Warner Media CEO Jason Kilar is in the spotlight after AT&T increased its guidance for the growth of its streaming service. The company said on Friday that it expects HBO and HBO Max to grow…
Help Me Retire: I have a seven-figure nest…
Hello! I recently had a conversation with a colleague about retirement and was told I’m saving too much! My wife and I are both 57 and have been aggressive savers ever since my brother, an…
Goldman Sachs shares rise as earnings blow past…
Goldman Sachs on Wednesday reported blowout second-quarter earnings as its reliance on trading and investment banking paid off amid the market turbulence caused by the coronavirus pandemic.The bank said it generated $ 2.42 billion in profit, or $…
YES Bank’s Rs 15,000 crore FPO subscribed 22%…
Mumbai: Private lender YES Bank’s follow-on public offer (FPO) to raise up to Rs 15,000 crore was subscribed 22 per cent at the end of first day of the bidding process, data from NSE showed…
MobiKwik net revenue surges 134% to Rs 379…
NEW DELHI: Digital payments company MobiKwik on Wednesday said its net revenue has surged 134 per cent to Rs 379 crore in FY20, and exuded confidence of hitting profitability this fiscal. MobiKwik, which competes against…
UK should face ‘public and painful’ retaliation over…
Britain should face retaliation over its decision to ban Huawei from its 5G networks, Chinese state-backed media urged, dubbing the move "ill-founded."On Tuesday, the U.K. said the country's mobile network operators will not be allowed…
RBI sets up panel to study use of…
MUMBAI: The Reserve Bank of India has set up a high-level committee to study the use of Quick Response (QR) codes to process contactless transactions in light of the ongoing Covid-19 situation, three people aware…
Why did your multi asset funds fail to…
Multi asset allocation funds are marketed as a one-stop solution to investors looking to have a diversified and balanced portfolio. These schemes typically have a mixed portfolio – usually in equity, debt, and gold. However,…
If you believe in reversion to mean, put…
Reversion to mean is said to be the iron rule of financial markets, according to the legendary John C Bogle. It is a powerful concept indeed in stock markets. In case the returns are extraordinary…