CATEGORIES

Defence stocks shoot up, bolster investor arsenal

Rally 15% intraday on FDI push and investment plans

Upside ahead for Apollo Hospitals on robust guidance, valuations

In the recently released results of Apollo Hospitals Enterprise (APHS) for the third quarter of financial year 2025 (Q3FY25), revenue was in line but operating profit margin was weaker.

Outward remittances fall 10% in 9MFY25

Outward remittances under RBI's Liberalised Remittance Scheme (LRS) dropped 10.15 per cent year-on-year (Y-o-Y) to $22.82 billion in the April-December period of 2024-25 (FY25), dragged down by declines across major segments.

AU Small Finance eyes a bigger share of wealth biz pie

AU Small Finance Bank (SFB) is expanding its wealth management business, aiming to compete with larger players in the space to capture a bigger share of the market.

Black Box bullish on India's GCC, data centre boom

With the demand for data centres going up across the world, Black Box, a digital infrastructure firm, is expecting revenue growth at ₹7,000 crore in FY26, driven by a stronger win rate from large enterprises and high-value opportunities.

Hilton to Launch 75 Hampton Hotels in India

Hotels will debut across Gujarat, Rajasthan, Punjab and Bihar

Phoenix Kothari invests ₹5K cr in TN footwear sector

In a sign of Tamil Nadu competing with global footwear clusters like Dongguan in China and Campos Bom in Brazil, Phoenix Kothari Footwear Ltd on Wednesday announced a fresh investment of ₹5,000 crore in footwear hubs in multiple locations in the state that may create more than 53,000 jobs by 2027.

Car firms see sales growth crawling at 1-2% in FY26

2-wheeler sales may rise 8-10%

Trump moots 25% tariffs on auto, pharma imports

US risks shortages as India dominates generics space; auto cos expect muted pain

AI Can Be a Game-Changer in Quality and Personalization of Learning

Online learning is here to stay. And artificial intelligence (AI) will take it to the next level by expanding the opportunities and bringing quality learning experience to people who have historically not been able to afford it, said MOHAN LAKHAMRAJU, founder and chief executive officer (CEO) of Great Learning—the professional learning and upskilling company. In a video interview with Peerzada Abrar, Lakhamraju said that with the recent launch of AI Mentor and AI Teacher by the company, access to high-quality learning can be democratized. Edited excerpts:

Google Opens Its Largest India Campus in B'luru

'Ananta' Will Have a Capacity to Seat 5,000 Employees

LIC takes ₹84,000 crore hit in portfolio amid mkt crash

A correction in the equity market has weighed heavily on state-owned Life Insurance Corporation of India (LIC), which has seen the total value of the stocks it holds dip by around 84,000 crore in the past one-and-half months.

Diagnostic kit makers asked to report adverse events

The Indian Pharmacopoeia Commission (IPC), which sets standards for all drugs that are made, sold and consumed in India, has come out with a draft format for reporting of adverse events due to in-vitro diagnostic (IVD) medical devices, such as pregnancy test kits and blood glucose test kits.

Musk's X to raise funds at $44 billion valuation

Elon Musk's X social media platform is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter.

SBI ex-chief Khara leads panel on insurance law amendments

Seven-member committee formed by Irdai to implement proposed tweaks

India, Malaysia boost defence ties with Su-30 cooperation

India and Malaysia on Wednesday moved forward towards enhancing cooperation in exchanging expertise and best practices for maintaining their respective Sukhoi-30 (Su-30) combat aircraft fleets, while also enhancing cooperation in the defence industry, maritime security, multilateral engagements, and other key emerging areas during Defence Secretary Rajesh Kumar Singh's visit to Kuala Lumpur.

Govt mulls including charging infra in EV investment mandate

The policy, announced in March last year, was widely seen as an attempt to woo Tesla

'From FPI standpoint, India easiest mkt to sell'

Just six months ago, Indian markets were investors' favourite. However, the situation has changed dramatically.

Higher returns on co-op bank deposits come with greater risk

The Reserve Bank of India (RBI) recently imposed restrictions on Mumbai-headquartered New India Cooperative Bank, barring withdrawals from all accounts without prior approval.

Flipping the Ukraine script

US-Russia talks threaten the European security architecture

Incentives lined up for underground coal mine auctions

The coal ministry is planning additional incentives to boost underground commercial coal block auctions.

Yamuna Pollution: A Multi-State Crisis

The Yamuna, the river that sustains millions in northern India, is grappling with a pollution crisis that extends well beyond Delhi.

DOGE says it has saved $55bn; data shows much less

The federal cost-cutting effort dubbed the Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.

Trump's Son Says US Military Should Focus on China

President Donald Trump's oldest son argued the US should be prepared to deal with any military challenge from China, yet remain open to talks with its rival.

Apple Reveals First Custom Modem Chip, Shifting Away From Qualcomm

Apple on Wednesday revealed its first custom-designed modem chip that will help connect iPhones to wireless data networks, a move that will make the company less reliant on chips from Qualcomm that also power its Android rivals.

LTTS targets $3 bn revenue in near term, to add 2K freshers

Aim is to scale each of its key divisions to $1 billion, says CEO & MD

Let creator decide app; AI tools will ultimately give creative freedom

Brahma, an artificial intelligence (AI) firm, was created in 2024 by London-based visual effects major DNEG with $200 million raised from UAE's United AI Saqer Group. On Tuesday, Brahma announced the acquisition of another London-based AI firm, Metaphysic. The United AI Saqer Group will invest another $25 million in Brahma. DNEG, a winner of seven academy awards (Dune, Inception etc.), is a subsidiary of Mumbai-based Prime Focus. It posted a revenue of ₹3,951 crore during the financial year ending March 2024. Vanita Kohli-Khandekar spoke to NAMIT MALHOTRA, founder of Prime Focus and CEO, DNEG, in a video interview. Edited excerpts:

Bain & Company and Nasscom Report: Need Sustained Growth of 8-10% to Become High-Income Country

For India to transform into a high-income country with a projected gross domestic product (GDP) of $23-35 trillion, will need a sustained annual growth of 8 per cent to 10 per cent.

Baptism by fire for new stocks

Scrips that debuted last year down 37% from peak levels amid market churn Fo

Zelenskyy Hits Back After US Prez Blames Ukraine For War

Accuses Trump of Living in Russian 'Disinformation Space,' as Tensions Escalate