Saurabh Mall
Heavy reliance on one client raises alarms In its updated draft IPO papers, Shadowfax disclosed that nearly half of its ₹2,485-crore operating revenue in FY25 came from a single large client. That level of client concentration highlights a common vulnerability for third-party service providers — one major customer can move the needle on an entire … Read more
Market caps climb as two stocks drive gains Equity markets saw notable movement in market valuations, with two major firms posting strong increases in their market capitalisation. These shifts reflect renewed buying interest in large-cap stocks and contributed meaningfully to overall market momentum. Reliance Industries posts a hefty jump Increase: ₹47,431.32 crore New market valuation: … Read more
Rupee under pressure as foreign flows turn negative The rupee has weakened amid sustained foreign capital outflows and a jump in crude oil prices. Foreign investors have pared back investments in domestic markets, weighing on sentiment and adding downward pressure on the currency. Why the rupee is sliding Foreign capital outflows: Overseas investors selling equities … Read more
Gold volatility marked October trading Comex gold surged past the psychological $4,300 level earlier in the month, signaling strong momentum among buyers. By the close of October, the contract settled at $4,013.4, leaving it roughly $287 lower than that intra-month high. Why the move mattered The jump above $4,300 highlighted continued interest in gold as … Read more
New sponsors named for Invesco Asset Management Company India IIHL and Invesco Limited will now serve as the sponsors of Invesco Asset Management Company India, which was the 16th-largest asset manager in the country as of September. The move positions the firm under the direct backing of these two entities and could influence governance and … Read more
Quarterly Filing Shows Heavy Net Selling A recent filing covering the three months ended in September shows significant activity in the company’s stock. The report revealed that $12.5 billion of stock was sold during the quarter, while $6.4 billion was purchased — a clear case of more sales than spending. Net outflow and what it … Read more
Satya Nadella said the company plans to rebuild its workforce after recent cuts, framing the move as a strategic step in the wake of the AI revolution. While the firm eliminated nearly 6,000 jobs, leadership now wants to grow headcount in a smarter, more targeted way. Why the shift matters The decision reflects a broader … Read more
The public back-and-forth between two high-profile tech leaders heated up after Sam Altman said his Tesla reservation was not canceled and that he faced delays getting a refund. Elon Musk pushed back, saying the problem had been handled quickly. The exchange has drawn attention because it mixes customer service issues with a broader rivalry between … Read more
Some films are truly timeless, and Sanam Teri Kasam has just proved it! The 2016 romantic tragedy, which didn’t make a mark at the box office upon its initial release, has now taken the industry by storm with its re-release. Defying all odds, the film has emerged as the highest-grossing re-release in Indian cinema history, … Read more
In the 90s, Govinda was one of the biggest stars in Bollywood, known for his impeccable comic timing, energetic dance moves, and back-to-back hits. His films, including Coolie No. 1, Raja Babu, Bade Miyan Chote Miyan, and Aankhen, were massive box office successes. Directors and producers lined up to cast him, and actresses found it … Read more