BUSINESS LOSS
Groww Q4 Results: Profit soars 122% YoY to Rs 686 crore, cashing in on market crash and Iran war
Groww Q4 Results: Groww's parent company, Billionbrains Garage Ventures, announced a significant 122% year-on-year profit increase to Rs 686 crore for the March quarter. Revenue also surged 87% to Rs 1,505 crore. This strong performance was fueled by user growth and increased trading activity, especially in derivatives. Customer assets on the platform grew substantially, demonstrating continued investor confidence and platform engagement.
JPMorgan finds Reliance Industries share valuation comfortable but flags O2C as uncertain spot
JPMorgan maintains an Overweight rating on Reliance Industries. The brokerage sees comfortable relative valuation for RIL. Near-term outlook for oil-to-chemicals business remains uncertain. JPMorgan retains a price target of Rs 1,675 for March 2027. The firm expects improved refining and petrochemical margins in the medium term. Retail valuation upside also offers potential gains.
Razorpay set for confidential IPO filing; valuation may fall to around $5 billion
The fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walmart-backed PhonePe paused its $1.3 billion IPO last month, citing West Asia conflict.
Anand Mahindra’s Monday motivation is a nonagenarian who proves you can change your life’s script any day
Anand Mahindra Monday Motivation: Anand Mahindra has highlighted the inspiring journey of Prabhavati Bhagwati, a 98-year-old entrepreneur from Ahmedabad, who started her home-based venture “Nani’s Nashta” after personal loss. Her story of resilience and late-life entrepreneurship, built on traditional Gujarati food and word-of-mouth success, is now motivating people across generations to believe that it’s never too late to start anew.
'Focus or perish': Rs 5,000 crore man shares one mistake in family life that will haunt you in your 60s
Thyrocare founder Dr. A. Velumani shared a profound message on family priorities, emphasizing that beyond financial provision, spouses and children need dedicated time. He categorized people in their 60s based on their investment of time and money, warning against neglecting both. Velumani stressed that deliberate focus, not just resources, builds lasting family bonds and generational prosperity.
'You can start any day': 98-year-old Ahmedabad woman is Anand Mahindra's inspiration. Who is Prabhavati Nani?
An Ahmedabad grandmother, Prabhavati Nani, found a new purpose in her nineties. After her husband's passing, she started a home-based food business called Nani's Nashta. Her delicious Gujarati dishes, especially khandvi, gained popularity through word of mouth. This venture transformed her kitchen from a place of loss to a thriving center of flavor and community.
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Don't short-change stakeholders; stay upbeat in tough times: JSW's Sajjan Jindal
Sajjan Jindal, Business Leader of the Year, shares his four-decade journey. He built JSW with passion and bold decisions. Jindal emphasizes stakeholder care and corporate governance for young entrepreneurs. He expanded into cement and paints, seeing potential beyond steel. Takeovers are a key growth strategy. The Economic Times Awards for Corporate Excellence will be presented on April 25.
Fall in provisions help ICICI Bank's net profit in Q4 FY26
ICICI Bank's net profit rose 9% to Rs 13,702 crore in March 2026, driven by stable loan growth and a significant drop in provisions. Total advances increased 16%, with strong contributions from business banking and rural portfolios. The bank maintained a healthy net interest margin and stable asset quality.
Network18 Q4 loss at Rs 29.61 crore, revenue up 9.7% to Rs 615.78 cr
Network18 Media & Investments reported a consolidated net loss of Rs 29.61 crore for the March quarter, despite a 9.7% rise in operational revenue to Rs 615.78 crore. The company highlighted strong performance in its TV news inventory and digital platforms, offsetting macro headwinds. Chairman Adil Zainulbhai expressed satisfaction with progress and diversification.
'More loss than luck': West Bengal's lottery system faces public backlash before polls
As West Bengal gears up for elections, residents of Alipurduar's Falakata constituency are demanding a complete shutdown of the lottery system, citing it as exploitative and detrimental to the poor. Sellers and buyers alike describe a cycle of debt, addiction, and economic distress, with many losing significant amounts of money and some even resorting to suicide due to mounting pressure.
Tariff Refund System explained: What it means for consumers as US begins $166 billion payback and who is eligible
The launch of the Tariff refund system represents a significant administrative and legal milestone. It resolves a contentious policy chapter while injecting liquidity back into the corporate sector. Yet, the broader economic impact remains mixed.
'Who are you?' he asked his wife before his daughter's wedding. CT scan, MRI reports normal. Neurologist points out the real culprit
A 60-year-old father's memory loss and behavioral changes during his daughter's wedding were initially blamed on stress. Medical tests were normal, but a seizure led to further investigation. Neurologists diagnosed autoimmune encephalitis. Prompt treatment led to recovery, allowing him to attend the wedding fully present. This case emphasizes early diagnosis for brain conditions.
'Rs 2 crore business loss but...': Man's silent struggle of carrying burdens with a smile strikes a chord. Watch
A viral metro video shows an Indian man discussing his business collapse and ₹2 crore loss from COVID. He now works an admin job in Dubai. His calm demeanor and simple statement 'Life goes on' resonate deeply. The clip highlights resilience and puts everyday struggles into perspective. Netizens express admiration for his quiet dignity and strength.
Chinese proverb of the day: 'Pay out a long line to catch...' Life lessons on patience, success, financial growth and why waiting for the right moment is beneficial to earn big rewards
Chinese proverb of the day highlights ancient wisdom from China that focuses on patience, planning, and long-term success. The message explains how steady effort, time, and early sacrifices can lead to larger rewards in the future. It connects with business, money, learning, and personal growth. The lesson encourages people to avoid rushing and instead trust slow progress, persistence, and careful strategy to achieve meaningful goals.
Wealth Quote of the day by Warren Buffett: 'An idiot with a plan can beat a genius without a plan' - Billionaire investor's million-dollar advice on investing
Billionaire investor Warren Buffett, the 'Oracle of Omaha', built his fortune through disciplined value investing, buying strong companies at fair prices and holding them long-term. Despite immense wealth, he lives modestly and emphasizes smart decision-making and patience. Buffett is also a major philanthropist, pledging most of his wealth to charitable causes.
West Asia conflict hits tourism, aviation: PHD Chamber of Commerce and Industry flags 15-20%
The ongoing conflict in West Asia is casting a long shadow over India's tourism and aviation sectors. Tourist arrivals have plummeted, prompting airlines to alter their routes, which in turn raises both fares and journey durations. The hospitality industry is feeling the strain as well, with many restaurants shutting down and significant losses reported.
Tata Sons, Singapore Airlines discuss funding roadmap for Air India amid rising losses
Tata Sons chief N Chandrasekaran and Singapore Airlines leader Goh Choon Phong joined forces to tackle Air India's pressing funding crisis. With the airline grappling with hefty losses and the shaky terrain of global politics, both leaders also explored the pivotal task of finding a new CEO.
Myseum takes flight after Allbirds in fresh AI rebrand wave
Companies are shifting focus to artificial intelligence. Allbirds, a footwear maker, saw a significant stock surge after announcing a pivot to AI compute infrastructure. Social media firm Myseum Inc is also adopting a similar strategy. This trend highlights investor interest in AI, with some firms leveraging it to raise funds. Past pivots to blockchain also saw similar investor enthusiasm.
Rolls-Royce chai experiment: Man turns roadside beverage into a luxury experience. His cost vs earnings breakdown
An Instagram creator, Deluxe Bhaiyaji, went viral after turning a simple cup of tea into a luxury experience by serving it inside a rented Rolls-Royce. Charging ₹300 for tea and ₹1,000 for the full in-car experience, the experiment attracted large crowds and social media attention. However, despite the buzz, the numbers didn’t add up, with a total cost of ₹1.08 lakh and earnings of ₹88,400, the idea ended in a loss.
West Asia conflict disrupts aviation, leads to 15–20% dip in inbound tourist traffic; Rs. 18,000 crore net loss for industry: PHDCCI report
India's vibrant tourism and hospitality sector is currently reeling from the impact of conflicts in West Asia. With inbound tourist arrivals plummeting and flight paths being heavily affected, the industry is facing unprecedented financial strain. In response, there is a call for innovative policy changes to enhance stability and broaden the range of tourism experiences.
A ₹18,000 crore blow seen for India's aviation story as West Asia conflict clips wings
India's aviation and tourism sectors are currently navigating turbulent skies due to the unrest in West Asia. Airlines are challenged with heightened expenses and prolonged flight durations, significantly impacting international travel. The inbound tourism sector is seeing a downturn as Indian travelers prefer more brief vacations abroad.
Samsung rejects TV crisis speculation, addresses competitive pressures in China
Samsung Electronics dismissed market speculation regarding a crisis within its television business, stating that concerns remained overstated despite current market challenges, according to a report by The Korea Herald.
Her husband’s loss left void, but at 91 this Ahmedabad nani found purpose in cooking. Today at 98, 'Nani’s Nashta' business has made her viral star
Prabhavati Bhagwati, a 98-year-old woman from Ahmedabad, has become a viral inspiration after starting her home-based Gujarati snacks business, “Nani’s Nashta”, at the age of 91 following the loss of her husband in 2017. What began as a simple moment at a tea gathering, where her homemade khandvi was loved and later ordered for events, gradually turned into a small but successful kitchen business serving traditional Gujarati and Mumbai-style snacks like dhokla, thepla, sev puri, vada pav, and pav bhaji. Now cooking for over 200 families, she has redefined ageing by proving that passion, purpose, and new beginnings have no age limit, making her story a powerful reminder that it’s never too late to start again.
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?
Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job losses, and fears of weaker discretionary spending. While analysts are weighing the risk-reward between the two, Eternal has shown some near-term recovery and strong long-term performance, delivering significant gains over the past three years.
Ola Electric shares rebound 6% after sharp fall, extend volatile trading pattern
Ola Electric shares rebounded 6% after a sharp fall, extending their volatile streak. The stock has swung widely on improving EV developments, including in-house LFP battery progress, PLI certification and rising registrations. Despite momentum, weak financials and declining revenue keep investor sentiment cautiously optimistic, with mixed technical cues ahead.
Tata invests ₹1,500 crore more to charge up iPhone biz
Tata Group has infused ₹1,500 crore into Tata Electronics to scale up its iPhone manufacturing business, alongside plans for further investments. The group has also increased capital in its Pegatron India unit. Analysts say the move reflects long-term capacity expansion, as Tata strengthens its role in Apple supply chains and pushes into semiconductors.
Disney to eliminate 1,000 jobs
The Walt Disney Company will cut about 1,000 jobs as new CEO Josh D'Amaro moves to streamline operations. Layoffs will affect marketing, studios, TV, ESPN and tech teams. The move comes as Disney adapts to declining TV revenues, box office pressures and rising competition. It follows earlier cost-cutting efforts, including 7,000 job cuts announced in 2023 to improve financial performance.
Disney layoff shock: New CEO announces 1,000 job cuts in stark email to staff
Disney layoffs explained: New CEO Josh D'Amaro is initiating a significant restructuring at The Walt Disney Company, leading to approximately 1,000 job cuts. This move aims to streamline operations and adapt to the rapidly evolving entertainment industry, with the marketing division expected to be most affected.
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