EMI bounce can incur penalty, lower credit score; is there a grace period before it’s reported to credit bureaus?

Indian Hotels Company reported a 18.5% net profit rise in Q1 FY27. Revenue per available room increased fourteen percent at domestic hotels. Growth businesses and management fees also contributed significantly to performance. The company added twenty new hotel signings, expanding its overall portfolio. Despite disruptions, IHCL maintained its double-digit revenue growth guidance.

Magic Johnson built a business empire through smart investments after his NBA career. His Starbucks partnership provided capital for major sports ventures. He invested 50 million dollars into the Los Angeles Dodgers in 2012. This sports investment is now valued at approximately 8 billion dollars. Johnson’s success extends to other teams and various business sectors.

India’s market watchdog has intervened, prohibiting two companies for their role in stock derivative price manipulation. They reportedly employed advanced options and futures strategies to make significant profits, deliberately incurring losses in stock futures to sway option prices. The focus of this manipulation was notably on smaller-cap stocks, which are more susceptible to such tactics.