Tencent Capital Spending Jumps 176%, Cash Flow Turns Negative
Key takeaways Tencent said its capital spending rose 176% from a year earlier. That heavy outlay pushed free cash flow…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
India Pharma Exports Hit $8.1 Billion in Q1 FY27
Key takeaways India pharma exports reached $8.1 billion in the first quarter of FY27. The total was 6.8% higher than…
Tata Motors Q1 Profit Jumps 83% to Rs 2,560 Crore
Key takeaways Tata Motors’ commercial vehicle unit posted Rs 2,560 crore in Q1 FY27 profit. Profit grew 83% from the…
Trump Car Tariffs Cut US Imports and Exports by 20%
Key takeaways US car imports and exports have each fallen about 20% in 2026. Trump car tariffs are taxes charged…
Lenskart Profit Jumps 3.7X to ₹228 Crore in Q1, Revenue Grows 34%
Lenskart posted a Q1 FY27 profit of ₹228.4 crore, up 182.3% year-on-year, as prescription eyewear demand and store expansion drove…
Rakuten Quarterly Profit Ends Six-Year Wait
Key takeaways Rakuten reported its first quarterly net income in about six years. Investment gains helped push the group into…
Karnataka Imposes 1-Year Ban on Gutkha and Pan Masala Sales
Karnataka has banned the manufacture, storage, sale and transport of gutkha and pan masala containing tobacco or nicotine for one…
HAL Q1 Profit Rises 15% to ₹1,581 Crore as Revenue Climbs 14%
Hindustan Aeronautics (HAL) reported a 15% rise in Q1 FY27 net profit to ₹1,581 crore, with revenue up 14.4% to…
Microfinance Loans Above ₹1 Lakh Rise 89.8%
Key takeaways Loans above ₹1 lakh grew 89.8%, according to the reported data. Disbursements of smaller loans declined during the…
Jane Street Swaps $5.6B Bonds for $14.6B Senior Secured Notes
Jane Street is refinancing existing borrowings into a much larger pool of senior secured notes, reflecting the market-making firm's growing…