Zomato parent sees Q1 profit plunge 90%

BENGALURU: Eternal-the listed parent of Zomato – posted a net profit of Rs 25 crore, an over 90% decline from Rs 253 crore in the year-ago period, due to increased investments in Blinkit and other emerging segments. Eternal reported a 70% year-on-year increase in consolidated revenue to Rs 7,167 crore for the quarter. Source link

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CoinDCX offers $11 million bounty to recover $44 million

BENGALURU: CoinDCX confirmed a $44 million security breach involving one of its internal operational accounts, marking the second-largest publicly known crypto hack at an Indian exchange. The company launched a recovery bounty of up to $11 million to trace the funds and identify those responsible. While the loss was limited to CoinDCX’s own treasury and…

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Crypto security: Crypto thefts in 2025 surpass $2.17 billion; India’s CoinDCX breach adds to global surge driven by ByBit mega heist

Crypto thefts have crossed a staggering $2.17 billion in the first half of 2025, already eclipsing the full-year toll of 2024, according to blockchain analytics firm Chainalysis. The sharp spike in crypto-related crime highlights growing vulnerabilities in digital asset platforms, with large-scale, sophisticated attacks becoming increasingly frequent.The figure, which excludes last week’s $44.2 million (Rs…

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US market today: Wall Street edges up near record highs as earnings season kicks off, tariffs cast shadow

Wall Street opened the week with modest gains on Monday, holding near record levels ahead of a packed calendar of corporate earnings, even as investors weighed the ongoing effects of US trade tariffs under President Donald Trump’s administration.The S&P 500 rose 0.3% in early trade, hovering just above the record it set last Thursday. The…

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Market fraud caution: Sebi reiterates dabba trading is unlawful, warns investors to remain alert

Markets regulator Sebi has once again warned investors against dabba trading, calling it illegal and urging the public to remain alert and avoid dealing with entities offering such unauthorised trading services.In a statement issued on Monday, Sebi said, “It is reiterated that dabba trading is illegal, and Sebi is committed to safeguarding investor interests through…

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