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SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel, while a rise in ByteDance's value helped its Vision Fund division. The Japanese giant said net profit for the June quarter totaled 347.3 b

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel, while a rise in ByteDance's value helped its Vision Fund division. The Japanese giant said net profit for the June quarter totaled 347.3 b

China unleashed its broadest package of trade countermeasures since last October's truce, pushing back against a string of recent U.S. restrictions before President Xi Jinping's expected visit to Washington next month. The Ministry of Commerce on Wednesday barred Chinese entities

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Investors cheered Swiggy's ambitious target to achieve Rs 10,000 crore in Adjusted EBITDA by fiscal year 2031. The growth strategy relies on driving operational efficiency across its core food delivery operations, scaling up its quick-commerce vertical Instamart, and expanding ou

Credit: AFP ByteDance founder Zhang Yiming recently said that the company would not use distillation to train its AI models, even if they fall behind those of other Chinese rivals... Keep me signed in Some subscribers prefer to save their log-in information so they do not have to

Credit: DIGITIMES Lo Hsung, a Qisda subsidiary, will unveil its first self-developed ACTDG45-O robot joint module at the 2026 Taipei International Industrial Automation Exhibition... Keep me signed in Some subscribers prefer to save their log-in information so they do not have to

The same positions that had powered returns earlier this year became a drag in July, as rising concerns over AI spending and the Middle East conflict triggered a broad selloff in semiconductor stocks, hitting some of Asia's biggest chipmakers. According to a Reuters report, some

Nintendo reported fiscal first-quarter earnings on Thursday, beating analysts' revenue and profit estimates, even as its Switch 2 console sales saw a sharp decline. Here's how Nintendo did in its fiscal first quarter ended June 30, compared with LSEG median estimates: - Revenue:

Nintendo reported fiscal first-quarter earnings on Thursday, beating analysts' revenue and profit estimates, even as its Switch 2 console sales saw a sharp decline. Here's how Nintendo did in its fiscal first quarter ended June 30, compared with LSEG median estimates: - Revenue:

Paytm share price gained more than 1% to touch a 52-week high on Thursday, 6 August, even as early investor Elevation Capital and its affiliated entities pared their holdings through a large block deal worth over ₹2,038 crore. According to exchange data, Elevation Capital V sold

The pre-IPO placement round saw participation from Matyas Possessiones, in which the company’s promoter Sunu Mathews holds 99% stake, as well as Singapore-based wealth fund GIC’s subsidiary Gamnat Pte Ltd. Leading hedge fund Dymon Asia Multi-Strategy Investment (Singapore) also p

Fund operations platform Taghash has launched a WhatsApp based AI agent that allows venture capital and private equity teams to access fund information and initiate operational tasks through conversational prompts. The launch builds on the company's broader push towards what it d

Walk-in mental health centres to open in banks and libraries across England - Published People in England needing immediate care for mental health problems will be able to access specialist walk-in hubs close to their home, the government is promising. Ministers have set out plan

Olympic champion curler Muirhead revokes retirement - Published Winter Olympic gold medallist Eve Muirhead has reversed her retirement, saying being Team GB's chef de mission at this year's Games has inspired her to return to curling after four years away. The 36-year-old will te

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Berger Paints India’s June quarter (Q1FY27) result was decent, but lagged larger rival Asian Paints on select parameters. Consolidated revenue at ₹3,583 crore grew 12% year-on-year, a multi-quarter high, led by price hikes and volume. Mainstay decorative paints volumes rose 8.4%,

Mumbai-based asset management firm Piper Serica has achieved the first close of its ₹800 Cr Bharat Tech Fund at ₹300 Cr. The development comes months after Piper Serica launched the Category II AIF with a target corpus of ₹600 Cr and a ₹200 Cr greenshoe option. The fund will back

Parts of a SpaceX rocket unintentionally crashed into the Moon on Wednesday after drifting off course for nearly a year, media reports said. Astronomers have reportedly identified debris plumes from the impact using telescopes. “The SpaceX rocket crash into the Moon is probably a

The music company on Wednesday announced that its board approved a plan to buy back up to 5.9 lakh fully paid-up equity shares at Rs 750 per share through the open market route, implying a premium of nearly 12% from the stock’s previous closing price. Notably, this is one of the

Mourinho, Ferguson & search for new club - what next for Smalling? - Published It is clear from the first answer of a fascinating 45-minute chat that Chris Smalling is no ordinary footballer. A career that took the 36-year-old from non-league Maidstone to a Champions League final

Auto components manufacturer Samvardhana Motherson International Ltd (SAMIL) on Wednesday reported a 46% year-on-year (YoY) increase in its consolidated net profit to ₹1,561.56 crore for the fourth quarter ended March 31, 2026, supported by strong performance across its businesse

Advanced Micro Devices (AMD) delivered better-than-expected quarterly earnings and issued a revenue forecast that topped Wall Street estimates. Yet, investors were unimpressed, sending the stock down about 5-7% in post-earnings trading as expectations around AI growth remained ex

According to a regulatory filing with the BSE, the logistics provider reported its highest-ever quarterly revenue across both its Express Distribution and Contract Logistics businesses, supported by pricing stability and healthy volume growth. The Express Distribution business po

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The lender posted a record quarterly net profit of S$3.08 billion ($2.40 billion) for the April-June period, surpassing analysts' expectations. The upbeat earnings lifted investor sentiment, with DBS shares rising as much as 3% to a record high of S$75.80 in early trading. Wealth

The stock debuted at Rs 520 on the NSE, delivering gains of 22.4% over the issue price of Rs 425 per share. On the BSE, shares opened at Rs 519, marking a 22.1% listing premium. The listing performance was broadly in line with grey market expectations. Ahead of the debut, MV Elec

At the midday break, the benchmark Shanghai Composite Index was little changed at 3,878.92, while the blue-chip CSI300 Index edged 0.4% lower. Investors remained cautious as they balanced strength in commodity-linked counters against softer sentiment in the technology sector. Tec

The listing performance was largely in line with grey market expectations, which had indicated a potential listing gain of around 10% over the upper end of the issue price band. The positive debut reflected healthy investor interest in the renewable energy company’s public offeri

"Margin debt is the highest it has ever been. There is a lot of margin debt you don't see because it is not called margin debt. It is called other things. It is that kind of leverage, some hidden, some public," he said during an interview with CNBC, explaining that this massive a

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Cambridge professor at centre of plagiarism row resigns - Published A University of Cambridge professor at the centre of a plagiarism row has resigned "with immediate effect". On Wednesday the university said it had launched an investigation into Professor Jason Arday "following

Netflix has launched the Netflix India Storytelling Initiative, a new programme aimed at training and supporting creators across animation, visual effects, gaming and comics (AVGC), as the streaming giant deepens its long-term investment in India. Under the initiative, Netflix wi

Iran said the U.S. was ready to "return to commitments," while denying that negotiations were ongoing with Washington, after President Donald Trump signaled a deal was in the making. Iran Deputy Foreign Minister Kazem Gharibadadi made those comments in an interview with state bro

According to a filing with the exchange, the company said deliveries for the order are scheduled to commence in early 2028, and the contract follows an extensive competitive evaluation of leading global shipyards. The high-specification vessels will be constructed to Bureau Verit

AI based parking management startup Get My Parking is set to raise Rs 40 crore (approximately $4.21 million) in an extended Series A round from existing investor IvyCap Ventures. The funding comes more than a year after the company raised $2.5 million in its Series A round in Jun