PhysicsWallah eyes $3.6 billion valuation in IPO

MUMBAI: From a YouTube channel once to a public listing later this month, PhysicsWallah is set to launch India’s first IPO by a major ed-tech company in years. With low-priced courses and a strong social media community built over the years-thanks in parts to wide internet penetration and cheap data packs, the startup founded by…

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Use local languages in banks: Sitharaman

MUMBAI: FM Nirmala Sitharaman on Thursday urged banks to ensure that customers can get service in branches while speaking in the local language and called upon lenders to tweak HR policies to give weightage to local language proficiency during appraisals.She asked banks to restore the human connect in customer service, insisting that technology must complement,…

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After win, brandwagon ride for Women in Blue?

Harmanpreet Kaur lifts the trophy after India’s victory in the ICC Women’s Cricket World Cup India 2025 Final match between India and South Africa at Dr. DY Patil Sports Academy on November 02, 2025 in Navi Mumbai, India. (Photo/Getty Images) MUMBAI: Women’s cricket in India is having its moment, and brands are starting to take…

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IBC reform: ICAI submits inputs on proposed amendments; suggestions made to Parliament panel examining insolvency bill

The Institute of Chartered Accountants of India (ICAI) on Thursday presented its suggestions to a Parliamentary panel reviewing proposed changes to the Insolvency and Bankruptcy Code (IBC), aimed at strengthening and streamlining the insolvency resolution framework.The Select Committee of Parliament, headed by BJP MP Baijayant Panda, is examining the Insolvency and Bankruptcy Code (Amendment) Bill,…

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SBI stock price outlook: Bank profit rises 10% to Rs 20,160 cr; analysts see up to 20% upside after strong Q2 — should you buy?

Shares of State Bank of India (SBI) are witnessing renewed investor optimism following its strong September-quarter performance, prompting top brokerages to raise their price targets by as much as 20% over the next year.Analysts said the lender’s steady profit growth and improving asset quality have strengthened investor confidence, while derivatives data indicated fresh bullish positions…

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Deal watch: TVS Motor sells Rapido stake for Rs 288 cr; marks full exit from 2022 partnership

TVS Motor Company on Thursday said it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for Rs 287.93 crore, marking a monetisation of its earlier investment in the Bengaluru-based mobility platform, PTI reported.In an exchange filing, the two- and three-wheeler maker said it has signed agreements with Accel India VIII (Mauritius)…

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Certification reform: Sebi proposes new norms for market professionals; hybrid learning, tighter exemptions on the cards

Markets regulator Sebi has proposed a major revamp of the certification framework for securities market professionals, aiming to expand participation and upgrade skill standards in line with evolving market needs.In a consultation paper released on Thursday, Sebi suggested broadening the definition of “Associated Persons” to include not only those employed by intermediaries and regulated entities…

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US market today: Wall Street drifts as investors eye earnings reports; DoorDash slides, Rockwell gains while global cues stay mixed

US stocks opened slightly lower on Thursday as investors assessed another round of corporate earnings reports in the absence of fresh government data due to the ongoing shutdown. The S&P 500 slipped 0.1%, the Dow Jones Industrial Average was flat, and the Nasdaq composite declined 0.2% in early trade, AP reported.Market sentiment was weighed down…

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