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Markets have always reflected this chaotic behaviour, but today’s markets operate in an environment fundamentally transformed by social media. Markets have been giving investors whiplash recently. The sharp sentiment shifts over the past few weeks make the certainty of the 2022 bear market appealing. Mad months of trading are nothing new in the grand history…
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Spandana Sphoorty posts Rs 360 crore Q1 loss on bad loan impact
Microfinance company Spandana Sphoorty Financial suffered a consolidated net loss of Rs 360 crore in the first quarter of the fiscal, making it the fourth consecutive quarterly loss, on account of high asset quality stress and drop in business volume as well as income. The lender had earned a consolidated net profit of Rs 56…
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