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Ixigo posts record Q1 profit, but stock tumbles 9%. Here's what worried Dalal StreetIxigo shares fell nearly 9% despite the online travel company reporting its highest-ever quarterly profit in Q1FY27. The stock came under p...
Tata Investment, Tata Chemicals rally up to 7% after RBI classifies Tata Sons as upper-layer NBFCTata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving...
ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NadwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
Airtel’s Nxtra steps up data centre push with two stake dealsNxtra Data is acquiring stakes in Rochak Systems and Rovision Tech Hub. This move aims to expand its data centre capacity significantly ove...
Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
M2P raises Rs 100 crore debt from Alteria to fund AI expansionThe three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief...
Shiprocket's Rs 7,056 crore IPO rewards early backers, dents returns for late-stage investorsShiprocket has announced an IPO price range set between Rs 92 and Rs 97 per share, representing a notable decrease of around thirty percent...
RBI classifies Tata Sons as Upper-Layer NBFC under revised frameworkThe Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companie...
Indo MIM shares surge 10%, extend gains to 82% over issue price. Should investors book profits?Indo-MIM's shares skyrocketed by 82%, surpassing their original IPO price, with robust interest from investors and a firm market position. ...
Investors on a new mission: Funding spacetech startupsIndia's growing space sector is making strides in essential mission technologies and components. With investor interest surging in startups...
Thomson Reuters lifts full-year revenue forecast with focus on AI rolloutThomson Reuters has revised its full-year organic revenue outlook, now anticipating an increase of around eight percent. The company witnes...
Activate joins Sarvam's $300 million funding round, eyes deeper AI partnershipBeyond the investment Activate and Sarvam plan to work together on three areas: supporting India's AI startup ecosystem, helping large digi...
BSE Q1 Results: Profit soars 62% YoY to Rs 874 crore, revenue surges 63%BSE Q1 Results: BSE Ltd reported a 62% year-on-year profit rise in the first quarter of FY27. Revenue from operations increased significant...
CoreWeave expands into Indonesia, announces first data center in Asia-PacificAI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...
Private equity firm Creador in talks to buy into generic drug co Leeford HealthPrivate equity firm Creador is in advanced talks to acquire a stake. The firm expects to invest ₹800 crore in Leeford Healthcare. This acqu...
Urban Company shares zoom 15% after Q1 results. Why Motilal Oswal raised target priceUrban Company reported a Rs 92 crore net loss in Q1 FY27 despite a 44% YoY rise in revenue to Rs 528 crore, mainly due to losses from its I...
Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings markSnabbit and InstaHelp, Urban Company's quick househelp verticals, each completed over 100,000 bookings in one day, highlighting growing con...
Federal Realty raises annual core profit forecast on strong leasing demandFederal Realty Investment Trust has upped its annual core profit outlook following impressive second-quarter results that exceeded expectat...
IBM, Sarvam partner to build sovereign AI solutions for Indian government, regulated sectorsUnder the partnership, IBM Sovereign Core will provide the underlying software and middleware needed to deploy and govern AI systems, while...
Swiggy contra view: Why JM Financial downgraded the stock to 'sell' despite strong Q1 resultsBajaj Finance shares jumped 5% after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 ...