Shares of Tech Mahindra jumped over 3% on Friday after the IT services company released its results for the April-June quarter of FY27, beating estimates and prompting brokerages to raise their target prices for the stock. Shares of the company rose to Rs 1,560 apiece after the company on Thursday reported a consolidated net profit…
Listen to the article 9 min This audio is auto-generated. Please let us know if you have feedback. The accounting profession is changing across the globe at a rapid pace, from the way young professionals enter the field to how firms are preparing for an AI-driven future. Melanie Proffitt is helping lead that conversation. Since…
A vast majority of cooling towers in New York City have been out of compliance with city health laws over the past decade, which could complicate the city’s response to its second major Legionnaires’ disease outbreak in as many years. Since 2017, 70% of inspections of the 5,000 registered cooling towers across the five boroughs…
The crescendo of AI-related spending is affecting all corners of the capital markets. Debt financing has been especially impacted this year given the epic financing needs of the largest hyperscalers. The big four — Meta, Microsoft, Alphabet, and Amazon — are slated to spend at least $700 billion in 2026, roughly 80% higher than 2025’s…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Friday, 17 July, amid continued tensions between the United States and Iran. Both 24-karat and 22-karat gold rates are showing a marginal increase across major cities. Silver prices, on the other hand, declined in the domestic bullion market. MCX…
Turning the big 4-0 is a perfect time to reflect on how far you’ve come in life, the milestones you’ve surpassed, and the relationships you’ve built. But for some people — especially those who don’t have their financial ducks in a row — it’s a time when panic sets in. After all, turning 40 can…
Signage for SBI Funds Management Ltd. at a news conference in Mumbai, India, on Thursday, July 9, 2026. Bloomberg | Bloomberg | Getty Images India’s biggest public market offering this year, SBI Fund Management, has garnered bids worth 2.97 trillion rupees ($30.7 billion), underscoring the liquidity available in the market ahead of the much larger…
According to the National Association of Realtors Pending Home Sales report, pending home sales in June fell by 5.4% month-over-month and 0.3% year-over-year. The report noted that month-over-month pending home sales declined in all four major U.S. regions. Year-over-year pending home sales increased in the Northeast and Midwest but declined in the South and West,…
News release Under plans in a consultation published today, funded reinsurance – which involves UK life insurers paying a large up-front premium to a reinsurer in return for future payments – would be treated more like other investments that UK life insurers hold, ending a regulatory inconsistency. As a result, UK life insurers using funded…
A Republican-backed bill that would require proof of citizenship to register and photo ID to vote has become one of the most fought-over pieces of legislation in Washington this year. Here’s what’s actually in it, where it stands, and what it could mean for you at the ballot box. If you’ve been scrolling through the…