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2025-06-13 07:34:48| The Economic Times

Fidelity has increased Lenskart's valuation to $6.1 billion, a 21% rise from its previous $5 billion valuation. The omnichannel eyewear retailer is preparing for a potential $1 billion IPO at a $10 billion valuation. Lenskart's FY24 net loss decreased significantly, while operating revenue and EBITDA saw substantial growth, highlighting its strong financial performance.

Category: News and Media

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2025-06-13 07:31:25| The Economic Times

Richard Harris from Port Shelter Investment discusses market fragility amidst geopolitical tensions, particularly between Iran and Israel. While markets have shown resilience, factors like upcoming tariff deadlines and concerns about unemployment contribute to instability. Harris suggests gold as a potential safe haven asset, anticipating short-term market reactions to global events before a likely return to normalcy.

Category: News and Media

2025-06-13 07:12:47| The Economic Times

ONGC share prices rose over 3% on Friday after Brent crude surged more than 12% amid rising geopolitical tensions following Israels airstrike on Iran. With oil prices climbing to multi-month highs, ONGC stands to benefit from improved realisations, boosting earnings from its upstream operations.

Category: News and Media

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17.06 The G-7 was a great idea until it became one against six 17.06 Harvard wins reprieve, SALT stalls: Big winners and losers of Trump's tax bill 17.06 Trump is at a moment of choosing as Israel looks for more US help crushing Iran's nuclear program 17.06 MEDSRX: Delhi-based oncologist shares six-step routine to help ensure you never develop cancer 17.06 New Poundland owners plan 68 store closures 17.06 New Poundland owners plan 68 store closures 17.06 Glencoe 4-bedroom home with a circular floor plan and a curved staircase: $1.4M 17.06 Lakeview 5-bedroom home with decks: $2.4M More »