Asian Paints Q1 Results: Profit Up 40%, Revenue Gains 18%
Key takeaways Asian Paints reported a 40% rise in quarterly net profit. Revenue grew 18%, beating market estimates. Net profit…
From the newsroom
SML Mahindra to Acquire Mahindra & Mahindra’s Truck & Bus Division for ₹525 Crore
SML Mahindra Logistics Ltd. (formerly SML Isuzu) has agreed to acquire the Truck and Bus Division (TBD) of Mahindra &…
MeitY-Backed Electronics Development Fund Mobilizes ₹1,336 Crore for 128 Startups
The Electronics Development Fund (EDF), supported by the Ministry of Electronics and Information Technology (MeitY), has mobilized ₹1,336 crore in…
India overtakes China as world’s second-largest seafarer supplier
India has overtaken China to become the world’s second-largest supplier of seafarers, marking a significant milestone for the country’s maritime…
Adani Enterprises Reports Q1 Loss After ₹2,644 Crore Settlement in the U.S.
Adani Enterprises Ltd. (AEL) reported a net loss in the first quarter of FY27 after recognizing a one-time charge of…
Moonshot AI Raises $3.5 Billion at $35 Billion Valuation Ahead of IPO
Chinese artificial intelligence startup Moonshot AI has raised $3.5 billion in a new funding round that values the company at…
BMW to cut 8,000 jobs by 2027
German luxury automaker BMW Group plans to eliminate 8,000 jobs globally by the end of 2027 as part of a…
CarTrade Q1 Results: Revenue Hits ₹201 Crore, Profit ₹57 Crore
Key takeaways CarTrade Tech reported ₹201 crore in revenue for the first quarter of FY27. The company reported ₹57 crore…
Samsung Chinese DRAM Plan Targets Budget Phone Buyers
Key takeaways Samsung is reportedly weighing Chinese-made memory chips for lower-cost phones sold in China. The move could lower costs…
Tata Capital Q1 Results: Profit Rises 56%, Shares Gain
Key takeaways Tata Capital reported a 56% rise in first-quarter profit, according to Zee Business. The profit jump helped push…