NSE Q1 Results: Net Profit Rises 10% QoQ to ₹2,924 Cr, Revenue Up 9%
India's largest stock exchange, the National Stock Exchange (NSE), reported a strong financial performance in Q1FY26. Net profit rose 10% quarter-on-quarter to ₹2,924 crore, while total income climbed 9% to…
Adani Power Shares Jump as Board to Consider Stock Split on August 1
Adani Power shares rose 3.5% on July 29 as investor sentiment turned positive ahead of a key board meeting scheduled for August 1. The company announced that its board will…
Shailesh Jejurikar to Take Over as P&G CEO from January 2026
Procter & Gamble (P&G), the global FMCG leader, has announced a major leadership change. Shailesh Jejurikar, a long-time executive at the company, will step in as the new Chief Executive…
Nifty Smallcap Index Falls for Ninth Day in a Row; Zen Tech, IEX Drop Up to 5%
The Nifty Smallcap index continued its downward trend on July 29, falling for the ninth straight session. Investors remained cautious as valuation concerns triggered profit booking in several smaller companies.…
India Overtakes China as Largest Smartphone Exporter to US in Q2 2025
In a historic shift, India has become the largest supplier of smartphones to the United States, overtaking China for the very first time. According to data from research firm Canalys,…
IndusInd Bank Q1 Results: Stock Rises 2% Despite Sharp Profit Decline
IndusInd Bank shares rose 2% to ₹819 after the lender posted its Q1FY26 financial results, which were better than expected on some counts. However, a deeper look reveals mixed signals,…
Lenskart Files DRHP with SEBI to Raise ₹2,150 Crore via IPO
Omnichannel eyewear brand Lenskart has officially taken a major step toward going public. According to sources familiar with the matter, the company has filed its Draft Red Herring Prospectus (DRHP)…
IndusInd Bank Q1FY26 Results: Sharp Decline in Profit and NII
Private sector lender IndusInd Bank has reported a 68% drop in standalone net profit, bringing it down to Rs 684 crore for the quarter ended June 30, 2025. The steep…
Double Trouble for Private Banks: IT Layoffs and Loan Slowdown
Private sector banks are facing a double whammy — a noticeable slowdown in loan demand and a wave of job cuts in the IT industry, which together are impacting their…
Samsung Bags Major Chip Deal with Tesla Worth $16.5 Billion
Samsung Electronics has entered into a massive $16.5 billion chipmaking deal with Tesla, marking a long-term partnership that will extend until 2033, according to a Bloomberg report. This strategic deal…
