US-China AI race could face financial setbacks, mass layoffs over next three years: ReportThe report highlighted, the global artificial intelligence (AI) race is increasingly becoming a contest between China's state-led approach ...
10 Nov, 2026, 02.32 PM IST
MRF Q2 Results: Net profit falls 13% YoY to Rs 417 crore, revenue rises 17%; board declares interim dividendMRF reported a 12.9% YoY decline in consolidated net profit to Rs 417 crore in Q2FY27, despite 17.4% revenue growth. EBITDA fell 14.9%, whi...
10 Nov, 2026, 01.45 PM IST
Singapore to launch gold vaulting service for foreign central banks, ease taxes to boost bullion tradSingapore's central bank will introduce a gold vaulting service for foreign central banks and financial institutions. This initiative aims ...
10 Nov, 2026, 11.31 AM IST
India's net-zero transition aim by 2070 offers $22.7 tn investment opportunity for global capitalIndia's push to achieve net-zero emissions by 2070 could unlock a $22.7 trillion investment opportunity across renewable energy, power grid...
09 Nov, 2026, 06.35 PM IST
SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloffSoftBank Group is on the brink of unveiling its quarterly earnings, navigating a turbulent landscape marked by challenges in the artificial...
09 Nov, 2026, 01.40 PM IST
Cybercrime networks shift to smaller, mobile scam operations amid enforcement pressure: FATFIn its report released from Paris, the global money-laundering watchdog said large, fortified compounds where cyber slaves were forced to c...
06 Nov, 2026, 06.25 PM IST
Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the lastWhen something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it ye...
06 Nov, 2026, 05.29 PM IST
Daksham Growth Ventures raises Rs 125 cr in first close of maiden consumer fundDaksham Growth Ventures has completed the first close of its consumer-focused fund, raising approximately Rs 125 crore. The fund is registe...
06 Nov, 2026, 02.58 PM IST
BMW Industries Q2 Results: Net profit rise 43% YoY to Rs 21.62 croreBMW Industries Ltd has reported an impressive 42.7 percent increase in net profit for the quarter ending on September 30. The firm's total ...
06 Nov, 2026, 01.52 PM IST
Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti DasSpeaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Dire...
05 Nov, 2026, 08.44 PM IST
Glenmark Pharma Q2 Results: Net profit plunges 56% to Rs 264 crore, revenue down at Rs 4,247 crGlenmark Pharmaceuticals experienced a 56.78 percent drop in consolidated profit after tax during the September quarter. Total revenue from...
05 Nov, 2026, 08.08 PM IST
Torrent Power's Q2 net profit rises 13% YoY to Rs 838 croreIn a strong financial report, Torrent Power recorded a 13% increase in net profit, totaling ₹838 crore for the latest September quarter. Re...
05 Nov, 2026, 07.56 AM IST
V-Mart appoints Varin Agarwal as merchandising headV-Mart Retail has appointed Varin Agarwal as the new head of merchandising effective November 3, 2026. The appointment follows the company'...
03 Nov, 2026, 05.50 PM IST
Indian companies trust AI with greater autonomy but struggle to prove financial returns: ReportIndian companies are shifting towards AI-driven processes to enhance operational efficiency, but there's a catch. Despite the optimistic ou...
03 Nov, 2026, 02.31 PM IST
Spandana Sphoorty Financial reports cyberattack involving its bank accountSpandana Sphoorty Financial encountered a cyber fraud incident with unauthorized transactions on November 1. The amount involved was approx...
02 Nov, 2026, 12.03 PM IST
Odoo 20 strengthens business operations with deeper India-specific compliance featuresOdoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll ...
31 Oct, 2026, 10.37 AM IST
Ind AS 118: India Inc gears up for big changes to financial reportingIndia’s largest companies are preparing for the implementation of Ind AS 118, which may impact financial reporting. Changes include new cla...
26 Oct, 2026, 01.38 AM IST