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While consolidated revenue from operations surged 67% year-on-year (YoY) to Rs 3,056 crore, from Rs 1,826 crore in Q1 FY26, profitability came under pressure. Consolidated Profit After Tax (PAT) declined 3% YoY to Rs 101 crore, from Rs 105 crore in the year-ago period. Margins al

How affordable are Edinburgh's festivals? - Published Edinburgh is home to one of the world's biggest cultural events every summer as it is transformed into a festival city. The Scottish capital hosts the Fringe, the International Festival and the Military Tattoo alongside film,

Vodafone Idea share price jumped as much as 6% in morning trade on the BSE on Wednesday, 12 August, defying weak market sentiment. The telecom stock opened flat at ₹12.92 and jumped 6% to an intraday high of ₹13.70, looking set to extend gains for the fourth consecutive session.

Electric mobility-as-a-service (MaaS) platform Yulu has raised $93 million in a Series C funding round through a combination of $63 million in equity led by GEF Capital Partners and $30 million in debt. The Bengaluru-based company had previously raised $19.25 million (about Rs 16

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DeepMind's new boss is set to face intense pressure to close the AI performance gap with OpenAI and Anthropic. OpenAI and Anthropic have released new systems in recent months that have been both hailed for and prompted concern over their advanced capabilities. On the other hand,

DeepMind's new boss is set to face intense pressure to close the AI performance gap with OpenAI and Anthropic. OpenAI and Anthropic have released new systems in recent months that have been both hailed for and prompted concern over their advanced capabilities. On the other hand,

Porter has managed to keep its growth engine running even as competition heats up in India’s intra-city logistics market, with Uber, Rapido and Delhivery expanding into the two-wheeler parcel delivery segment. After turning profitable for the first time in FY25, the Bengaluru-bas

Bengaluru-based children's technology startup Wippi has raised $1.2 million in a seed funding round led by 12 Flags. Warmup Ventures, Ventana Ventures and Ruvento Ventures also participated in the round. The fresh capital will be used to develop its voice AI, expand engineering a

Domestic institutional investors stepped up buying in several stocks during the June quarter, with DII holdings rising sharply across a number of companies. The increase in ownership came alongside varied stock price performances, highlighting the stocks where domestic institutio

The initial public offering (IPO) of e-commerce enablement platform Shiprocket will open for subscription on 12 August and close on 14 August. The Shiprocket IPO price band has been fixed at ₹92–97 per share. Shiprocket IPO GMP today is +30. Considering the upper end of the IPO p

Tech-enabled driving education and mobility platform Lane has raised Rs 8.5 crore in a pre-seed funding round led by Kae Capital, with participation from DeVC, Antler India, Panthera Peak and other angel investors. The fresh funds will be used for geographic expansion, including

Electric mobility service provider Yulu has raised $93 Mn (about ₹887.5 Cr) in its Series C funding round led by GEF Capital Partners as it looks to expand its fleet and enter the full-size electric two-wheeler segment. The round comprised $63 Mn in equity and $30 Mn in debt. The

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A sector-wise technical outlook points to a broadly positive market trend, with banking, capital goods, realty, consumer durables, healthcare, power and auto sectors showing bullish setups. The brokerage recommends a buy-on-dips strategy across several sectors, while selective ca

The disclosure marks the first time the fund has publicly listed its investment in the private space company. Reuters reported that the SpaceX holding is relatively modest compared with the fund’s positions in some of the world’s largest technology companies. The fund held a 1.28

Ardee Industries IPO listing: Ardee Industries' share price debuted on a positive note on Wednesday, 12 August, listing at a 39% premium on the BSE and a 36% premium on the NSE. Ardee Industries shares were listed at ₹73.60 on the BSE, a 38.87% premium over the issue price of ₹53

As India’s quick-commerce platforms race to deliver everything from groceries to smartphones in minutes, electric mobility startup Yulu has seized the boom, raising $93 million in fresh funding. The Bengaluru‑based startup offers electric two‑wheelers on weekly subscription plans

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Cristiano Ronaldo marries long-time partner Georgina Rodríguez - Published Football superstar Cristiano Ronaldo has married his longtime partner, model and influencer Georgina Rodríguez, in a civil ceremony in Portugal. The Portuguese striker posted an image on his Instagram acco

Ola Electric has secured a revised timeline under the government’s Production Linked Incentive (PLI) scheme for advanced chemistry cells (ACC), giving its battery business a fresh five-year window to qualify for incentives of up to Rs 7,240 crore. The Ministry of Heavy Industries

Forex traders said the principal driver behind the rise in Brent crude prices is the uncertainty over the Strait of Hormuz. Markets are increasingly sceptical about a quick US-Iran agreement, while reports of attacks on shipping have renewed concerns about physical supply, they s

Manappuram Finance shares jumped to nearly Rs 370 apiece during the morning trade before paring some gains. The company on Tuesday reported a 34% year-on-year (YoY) increase in revenue from operations to Rs 3,034 crore in the April-June quarter of FY27, compared with Rs 2,263 cro

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But one sector has remained firmly out of favour. FMCG continued to see FII outflows every month this year, with July seeing an outflow of Rs 1,103, taking the total CY26 outflow to Rs 28,276 crore, according to NSDL data. In fact, FMCG stocks have faced sustained foreign selling

Zydus Lifesciences had announced its results on Tuesday, following which the stock rallied over 6% to close at Rs 1,191 apiece. While net profit contracted, revenue from operations increased nearly 22% YoY to Rs 8,017 crore during the April-June quarter of the ongoing financial y

The Nikkei was last up 0.06% at 67,011.66 as of 0202 GMT, after moving between a 0.26% gain and a 0.35% decline. The broader Topix rose 0.43% to 4,118.18. Investors were focused on the U.S. Consumer Price Index due later on Wednesday, with the data expected to provide fresh signa

PM admits cost of living help is not enough and hints at further support - Published Prime Minister Andy Burnham has said he accepts his announcements aimed at tackling the cost of living are not enough on their own and hinted at further support. Burnham told BBC's Wake up to Mon

Credit: DIGITIMES Supermicro executives fielded a wave of questions from Wall Street analysts following the company's fourth-quarter and full-year fiscal 2026 earnings report... Keep me signed in Some subscribers prefer to save their log-in information so they do not have to ente

Eight of the companies closed below their issue prices on listing day, while the remaining three managed gains of no more than 7.4%. The cohort’s average listing day return was a loss of 4.4%. It has since swung to an average gain of 70.5%, with the median stock advancing 41.5%.

In the domestic market, MCX silver futures for September 2026 delivery were up Rs 2,612 at Rs 2,38,271 per kg. Gold futures for October 2026 delivery rose by Rs 1,200 to Rs 1,54,950 per 10 grams. In the previous session, the two fell after a 3-day surge. Oil prices also moved hig

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LEAP India IPO allotment: Bidding for the initial public offering (IPO) of LEAP India Ltd ended on 11th August 2026. In three days of bidding, the public issue received a decent response from investors. According to the LEAP India IPO subscription status, the public issue was sub

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At 9.26 am, Sensex dropped over 200 points to trade 78,000, while Nifty 50 drpped below 24,250. Broader markets also remained in the green, with Nifty Smallcap 100 and Nifty Midcap 100 recording marginal gains. Tech Mahindra, UltraTech Cement, Eternal and Bharat Electronics share

In his resignation letter, Sudhir Sitapati said that GCPL's total shareholder return averaged around 10% from May 7, 2021, when his appointment was announced, through August 9, compared with around 8% for the NIFTY FMCG index. He noted that 97% of analysts currently rate the stoc

Credit: AFP China's solar industry may be nearing a turning point after more than two years of price warfare, with major polysilicon producers drawing a line under below-cost sales. Keep me signed in Some subscribers prefer to save their log-in information so they do not have to

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The benchmark KOSPI rose 219.73 points, or 3.46%, to 6,565.26 by 0155 GMT, its highest level since August 5. Semiconductor stocks led the gains, with Samsung Electronics jumping 6.16% and SK Hynix rising 3.86%. The rally came despite a weaker session on Wall Street, where U.S. st

Milky Mist IPO, which opened on Tuesday, 11 August, has gained strong response from investors. The mainboard IPO will remain open for bidding till Thursday, 13 August. Before opening, Milky Mist Dairy Food had raised ₹465.30 crore from anchor investors on Monday. The company allo

Trump confirms he switched planes after Nato summit because of possible threat - Published President Donald Trump has confirmed that he secretly swapped planes as he left a Nato summit in Turkey last month due to a possible threat. "I go by Secret Service and the military. They w