E-commerce rides finance wave

E-commerce firms Flipkart and Amazon are offering a slew of fintech and credit products to make purchases even more affordable than the discounted offers in the coming festive sales. These include partnerships with banks for broader coverage of debit card EMIs, alliances with digital non-banking financial companies (NBFCs) for no-cost […]

FedEx Rides Shipping-Volume Growth to Blowout Quarter

Shares of FedEx  (FDX) – Get Report jumped after hours on Tuesday after the package-delivery service reported fiscal-first-quarter results that were ahead of analyst expectations.  For the quarter ended Aug. 31 the Memphis company reported net income of $4.72 a share, up 66% from $2.84 a share in the year-earlier quarter. Adjusted net […]