Visa, Mastercard and Amex profits hit by lack…

Getty ImagesGlobal travel screeched to a halt during the pandemic, and it's hurting credit card companies' bottom line. American Express, Mastercard and Visa all reported double-digit drops in profit for the recent quarter, compared to a…

Walmart Vriddhi to train MSMEs digitally

New Delhi: Walmart rolls out virtual training program to small and medium sized businesses as a part of its supplier development program Walmart Vriddhi, the company said in a statement. The first all-digital institute will…

WeWork will be profitable by end of 2021,…

New York-based co-working startup WeWork, under its new CEO Sandeep Mathrani, expects to turn profitable globally by 2021 end. The company had right-sized the organisation, reduced cash burn, sold the non-core business and offloaded real…

Did your mutual fund advisor talk to you…

Mutual fund circles are talking a lot of about medium duration debt funds these days. According to several mutual fund advisors and fund managers, medium duration schemes are likely to offer superior returns in the…