Ashley Paul

Paytm's net profit nearly halves in July-Sept despite revenue rising 24%

Paytm-parent One 97 Communications saw its net profit dip by a massive 98% YoY in the July-September 2025 period from ₹930 crore to ₹21 crore. This comes despite the company's revenue from operations rising 24% YoY from ₹1,660 crore in July-September 2024 to ₹2,061 crore in July-September 2025. One 97's EBITDA rose from -₹404 crore to ₹142 crore.

Nov 4th, 2025

Paytm's net profit nearly halves in July-Sept despite revenue rising 24%

Mansi Agarwal

A special court has ordered former stockbroker Ketan Parekh to deposit around ₹27 crore with SEBI to be able to travel to Thailand and the UAE. Earlier, his plea to travel across multiple countries for four months was rejected. SEBI banned 22 entities, including Parekh, from the markets earlier this year over an alleged front-running scam.

Nov 4th, 2025

Scam accused Ketan Parekh told to deposit ₹27 cr to travel abroad

Shristi Acharya

World's largest sovereign wealth fund, Norway's Norges Bank Investment Management, will vote against ratifying Tesla CEO Elon Musk's proposed compensation package worth $1 trillion. The wealth fund holds a 1.14% stake in the EV maker with a value of $11.6 billion. The opposition will be seen at the annual general meeting on November 6, where investors will decide the package.

Nov 4th, 2025

Norway's wealth fund to oppose Tesla's $1-tn pay for Musk

Ashley Paul

A Reddit user claimed his friend, a former Microsoft techie with four years of experience, has capitulated (accepted defeat) after being rejected by "hundreds of apps" and being jobless for 5-6 months. The only job the techie got was a help desk job that required him to move 2,000miles for a meagre pay. He ended up taking a bartender's job.

Nov 4th, 2025

Man claims Microsoft techie capitulated after being jobless for 6 months, now works as bartender

Ishita Ranganath

Ethereum's price fell by nearly 7% dropping to $3,610 on November 3, marking its sharpest single-day fall since August 2025. Bitcoin also dropped to its lowest in weeks to $106,000. This crash led to liquidation in crypto futures, with over $1.14 billion in long positions wiped out across the market. Ethereum saw $85.6 million long trades liquidated in 24 hours.

Nov 4th, 2025

Ethereum drops over 25% since August

Mansi Agarwal

Finance Minister Nirmala Sitharaman said it's incorrect to think that bank privatisation hurts financial inclusion. She added that "every objective of national interest and banking interest will be served" once banks are allowed to function professionally and have board-driven decisions. She also said the nationalisation of banks didn't yield the desired results in terms of financial inclusion.

Nov 4th, 2025

Bank privatisation won't hurt national interest: FM Sitharaman

Mansi Agarwal

Lenskart investor Ronnie Screwvala called the eyewear brand "a very unique company". "Its real strength will unfold in the months ahead. Its listing price is $8 billion. If it does not touch $15 billion in the next 12 months or less, I'll eat my hat out," he added. Lenskart has faced criticism for targeting roughly ₹70,000 crore valuation in IPO.

Nov 4th, 2025

I'll eat my hat if Lenskart valuation doesn't hit $15bn: Screwvala

Baron Capitals Ron Baron on Tuesday pledged support to Elon Musks newly proposed pay package at Tesla (TSLA) worth about $1 trillion. Ron Baron said the proposed pay package is right for the company and its shareholders. Baron Capital has been investing in Tesla since 2024 and will be voting for the package.

Nov 4th, 2025

Baron Capital gives thumbs up to Elon Musk’s $1 trillion pay deal

Adani Group CFO Jugeshinder Singh said the next decade will be the most exciting for the company as several major projects move from development to investment and execution stages. Key assets like airports, renewable energy projects, data centers, and road infrastructure are nearing completion. Strong H1FY26 results and new capital plans underline the group's growth momentum.

Nov 4th, 2025

Next 10 years to be most exciting as assets scale up: Adani CFO

Girish Kumar Anshul

Aniruddha Malpani, an investor in Zerodha who accused the firm of a scam for not allowing him to withdraw over ₹5 crore, is a Mumbai-based IVF specialist, entrepreneur, and angel investor. He founded Malpani Ventures, which invests in early-stage startups, and co-founded Malpani Infertility Clinic in 1991. A Bombay University graduate, Dr Malpani earned his MD in gynaecology in 1986.

Nov 4th, 2025

Who is Aniruddha Malpani who flagged Zerodha's ₹5-crore withdrawal limit?

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