PB Fintech Q3 Results: Policybazaar parent posts Rs 38-crore PAT vs loss a year ago

PB Fintech Q3 Results: Revenue from operations increased 43% year-on-year (YoY) to Rs 871 crore. Revenue from its core online marketplaces – Policybazaar and Paisabazaar – grew 39% to Rs 593 crore, while the adjusted operating profit improved by Rs 50 crore YoY. The total operating revenue for the nine months ended December was Rs …

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Budget 2024: Need for crypto-friendly budget, level-playing field, says WazirX’s Rajagopal Menon

Rajagopal Menon says Indian crypto industry seeks level playing field, stable banking connections, and optimized taxes in upcoming budget. Regulatory measures expected to address TDS reduction, loss tax rule change, and taxation alignment with equity shares. Support for innovation and blockchain development crucial, G20 roadmap to be followed, optimized crypto taxes to boost investor confidence …

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Bitcoin heads toward winning streak last seen in pandemic before record high

Bitcoin aims for fifth straight monthly gain, fueled by pandemic-era rally and shifting views on monetary policy. The digital asset rose 2% in January amid swings from US spot Bitcoin ETF rollout. BlackRock Inc. and Fidelity Investments launched Spot Bitcoin ETFs, attracting new investors and contributing to Bitcoin’s 160% surge last year. Grayscale Bitcoin Trust …

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PB Fintech Q3 results today: Fintech likely to swing to profit. Key things to track for investors

PB Fintech Q3 results: PB Fintech, operator of policybazaar, to report Q3 results today with expected revenue growth of 34% YoY and first positive profit. Analysts predict a profit of Rs 26.9 crore. The company’s Q2 revenue from operations grew at 42% YoY to Rs 812 crore. JM Financial expects strong growth in insurance premium …

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Crypto Price Today: Bitcoin jumps above $43,400 ahead of US Federal Reserve policy decision

Major crypto tokens traded higher as the market cap surged. The upcoming Fed policy decision and US unemployment rate data may impact market sentiments. Declining GBTC sales, surging US stock markets, and Google’s Bitcoin ETF ad support are positive factors. Bitcoin dominance is at 51.15% with a market cap of $850 billion. BTC volume surged …

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Warburg-backed Perfios weighing $500 million IPO

Perfios Software Solutions Pvt is considering a $500 million initial public offering (IPO) in India. The IPO could value the company at $2 billion. Perfios provides software-as-a-service to banks, insurers, and financial services firms in India, the Middle East, and southeast Asia.