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PwC Exits Multiple Countries Amid Scandals and Global Audit Failures

PwC Exits Multiple Countries Amid Scandals and Global Audit Failures

16 April 2025

Global accounting giant PricewaterhouseCoopers (PwC) is pulling out of more than a dozen countries as it faces growing pressure from scandals, regulatory fines, and internal conflicts. The move marks a significant shift in PwC’s global strategy as it aims to rebuild trust and tighten control over its operations. Scaling Back to Avoid Risk According to the Financial …

Mid-Day Top Gainers and Losers on April 16, 2025: IndusInd Bank and Axis Bank Led Gainers

Mid-Day Top Gainers and Losers on April 16, 2025: IndusInd Bank and Axis Bank Led Gainers

16 April 2025

On April 16, 2025, as of 11:55 AM, the BSE Sensex was down 0.01% at 76,723.66, while the Nifty 50 was up 0.02% at 23,333.40. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers  Symbol Open High Low LTP %chng INDUSINDBK 747 779.95 733 779.7 5.95 AXISBANK 1,122.70 1,159.90 1,112.60 1,156.20 3.9 TRENT 4,922.00 5,008.50 …

FII’s Returned to Indian Securities Market: Highest Net Inflows Since March 27

FII’s Returned to Indian Securities Market: Highest Net Inflows Since March 27

16 April 2025

On April 15, 2025, Foreign institutional investors (FIIs) made a strong comeback to Indian equities by injecting ₹6,065.78 crore—marking highest net inflow since March 27. This indicated a reversal in their recent selling streak, indicating a shift in sentiment as global trade worries began to ease. In contrast, domestic institutional investors (DIIs) turned net sellers, booking …

⁠⁠New Industrial Manufacturing Hub Planned Near Hisar Airport

⁠⁠New Industrial Manufacturing Hub Planned Near Hisar Airport

16 April 2025

Haryana is set to witness a major boost in industrial development with the announcement of a new Industrial Manufacturing Cluster (IMC) near Maharaja Agrasen Airport in Hisar. Spread across nearly 3,000 acres, the project will be developed at an estimated cost of ₹4,680 crore through a partnership between the Haryana government and the National Industrial …

D’Decor Posts 20% Profit Growth Amid Modest Revenue Rise in FY24

D’Decor Posts 20% Profit Growth Amid Modest Revenue Rise in FY24

16 April 2025

India’s home décor market is booming, with double-digit growth fueled by rising disposable incomes and evolving lifestyles. Yet, amid this sector-wide surge, soft furnishings major D’Decor reported only modest top-line growth in FY24. Still, the company managed to deliver a strong bottom-line performance, with profits rising by over 20% during the year. D’Decor FY24 Performance Overview …

India First Major Market to Recover April Trump Tariff-Driven Losses

India First Major Market to Recover April Trump Tariff-Driven Losses

16 April 2025

India has become the first major equity market to recoup all losses triggered by the U.S. reciprocal tariff announcement made on April 2. On Tuesday, benchmark indices closed with strong gains, reversing the declines seen over the past two weeks. Market Movement On April 15, 2025, the Sensex rose by 1,577.63 points (2.1%) to close …

FIR Filed Against OYO and Ritesh Aggarwal Over ₹2.66 Crore GST Fraud in Jaipur

FIR Filed Against OYO and Ritesh Aggarwal Over ₹2.66 Crore GST Fraud in Jaipur

16 April 2025

A major controversy has hit hospitality giant OYO as a Jaipur-based resort has filed a criminal complaint, leading to a formal FIR against the company and its founder Ritesh Aggarwal. The complaint revolves around alleged fake bookings which have triggered a massive ₹2.66 crore Goods and Services Tax (GST) notice. The Complaint That Sparked It …

QpiAI, Chosen Under NQM, Unveils Powerful 25-Qubit Quantum Computer

QpiAI, Chosen Under NQM, Unveils Powerful 25-Qubit Quantum Computer

16 April 2025

Bengaluru-based startup QpiAI, one of the eight companies selected under the National Quantum Mission (coordinated by the Department of Science and Technology), announced a significant milestone on World Quantum Day (April 14, 2025).   The company unveiled QpiAI-Indus, a full-stack quantum computing system featuring 25 superconducting qubits, making it one of the most powerful quantum …

Nifty 50 Continued Gaining Streak for 2nd Straight Session: All Sectors in Green

Nifty 50 Continued Gaining Streak for 2nd Straight Session: All Sectors in Green

15 April 2025

Continuing its upward momentum for the 2nd consecutive session, the Indian stock market opened with a significant gap higher in the early hours of Tuesday, April 15, 2025. The Nifty 50 index opened at 23,368, reaching its intraday high, but it struggled to maintain those elevated levels. Nevertheless, during its ascent to Tuesday’s peak, Nifty experienced …

Mid-Day Top Gainers and Losers on April 15, 2025: IndusInd Bank and Shriram Finance Led Gainers

Mid-Day Top Gainers and Losers on April 15, 2025: IndusInd Bank and Shriram Finance Led Gainers

15 April 2025

On April 15, 2025, as of 12:20 PM, the BSE Sensex was up 2.23% at 76,830.58, while the Nifty 50 was up 2.24% at 23,339.30. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers  Symbol Open High Low LTP %chng INDUSINDBK 705 741 693.05 734.45 6.52 SHRIRAMFIN 651.95 669.8 649.15 667.8 4.54 TATAMOTORS 614 628.3 …

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