Motilal Oswal Financial Services reported a 68% YoY decline in consolidated profit to 362 crore, while revenue fell 35% to 1,849 crore. However, asset management and private wealth units posted strong double-digit growth, lifting AUM to 1.77 lakh crore.
The IOC and Saudi Arabia have canceled their 12-year deal to host the video gaming Esports Olympics in Riyadh in a rare setback for a sports project backed by the oil-rich kingdom.
Veteran investor Shankar Sharma defended Lenskarts IPO valuation, calling it fair at ~10x sales versus other tech IPOs, while critics argue the eyewear firms market remains niche and limited.
Nearly 2 million Illinois residents depend on SNAP to help pay for groceries. As the government shutdown continues, they're scrambling to find other ways to feed their families.
