Aditya Birla Lifestyle Brands' consolidated net profit more than doubled to Rs 70.4 crore in Q2, while revenue rose 11.2% and EBITDA increased 13.8% year-on-year.
Meta's current AA- credit rating is the fourth-highest investment-grade score, and a one-notch downgrade would still leave it solidly in high-grade territory.
Dixon's revenue growth is getting a boost from a 3540% rise in selling prices, driven by higher memory chip costs, even as mobile and IT hardware volumes remain broadly flat year on year.
IEX says market coupling cannot be implemented before the final CERC regulations are notified, with management estimating another 1.5-2 years for the technology, settlement and testing preparations.
Varun Beverages plans to step up outlet additions in 2027 after slower distributor investment in 2026, with Executive Vice Chairman Varun Jaipuria saying the company hopes to add a couple of hundred...
Big tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enough
A sell-off of tech stocks that began earlier this month and gained steam with disappointing earnings from leading tech companies drove US markets down by hundreds of billions of dollars Friday. In total, the decline has knocked nearly $1tn in value off the tech-heavy Nasdaq exchange in one week and erased about $2tn in a month.
The S&P 500, the index of the 500 most valuable companies in the US, fell by more than 1% Friday, losing hundreds of billions of dollars in market value. It was on track to erase its gain for October, even though it set its all-time high during the same month. The weakness for technology stocks dragged the Nasdaq composite down even further, more than 3%, also erasing hundreds of billions in value. The Down Jones Industrial Average fell less.
Studies have shown that the betting sites can predict races correctly, but their ability to forecast U.S. midterm elections is an important proving ground.
Jio Platforms reports an 8% sequential rise in Q2 net profit to Rs 8,389 crore, while revenue grows 3.3% and EBITDA climbs 5.3%, lifting the operating margin to 51.6%.
Atomberg Technologies has received SEBI's approval for its IPO, comprising a Rs 450 crore fresh issue and an offer for sale of 7.65 crore shares, as it looks to fund growth and R&D.
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