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Shriram Finance Q1FY27 results: Net profit jumps 60% to ₹3,445 crore

The non-banking finance company (NBFC) reported a standalone profit at ₹3,445 crore ($357.05 million) for the quarter ‌ended June ​30

Sapphire Foods Q1 results: Net profit at ₹14.04 crore, revenue climbs 15%

Sapphire, ‌a franchisee for U.S.-based Yum Brands, reported a consolidated net profit of ₹14.04 crore ($1.46 million) for the April-June quarter

China's memory chip makers ride AI boom to new power and US scrutiny

The clash illustrates the changing dynamics of China's semiconductor industry. CXMT has risen to become the world's fourth-biggest maker of memory

Trump admin monitors OpenAI incident as lawmakers propose AI 'kill switch'

US Representative Ted Lieu, a Democrat, and Republican Representative Nathaniel Moran, proposed giving ‌US officials the power to order AI firms to shut down models that ​put human life at risk

Coforge secures $230 mn AI transformation contract with European client

The contract is expected to improve decision-making, boost productivity, reduce manual effort and speed up service delivery, Coforge said in an exchange ​filing

Brent hovers above $100 on Red Sea disruptions, Iran war concerns

Brent futures advanced 37 cents, or 0.37 per cent, to $101.06 a barrel at 0330 GMT, ‌having settled up 7 per cent above $100 in the previous session for the first time since May

Asian shares fall as oil spike revives inflation fears, bonds take a hit

Asian markets fell after Brent crude climbed above $100 a barrel amid escalating Gulf tensions, while fresh US tariffs and rising bond yields heightened concerns over a renewed inflation shock

Donald Trump pegs nuclear deal to Saudi Arabia joining Abraham Accords

Trump said that the Civil Nuclear Deal pertains only to non-military use such as the ones that Iran and UAE already have, will be approved, but is subject to Saudi Arabia joining the Abraham Accords

Trump threatens Iran with military action after Houthi tanker strikes

The prospect that disruption could widen to a second sea sent global oil prices surging in one of the steepest rises of the war.

Nestle beats Q2 sales estimate, set to raise €3 billion from joint venture

The company has been reshaping its portfolio under Chief Executive Officer Philipp Navratil, who has sought to improve growth and profitability by focusing on the company's core brands

Jeff Bezos pushes Prime Video redesign focused on artificial intelligence

The Prime Video initiative grew out of an internal presentation the streaming service's executives made to Bezos last autumn that turned contentious

Oil prices top $100 amid Houthi attacks on tankers in the Red Sea

Brent crude surged above $100 after Houthi attacks on Saudi tankers deepened Middle East supply disruptions, fuelling fears of a prolonged global oil shock

Google hit with $1 billion EU fine for breaking antitrust regulations

The European Commission fined Google €890 million for breaching Big Tech rules, while acknowledging progress in the company's efforts to comply with the EU's Digital Markets Act

Adani Power's nuclear expansion depends on private-sector policy clarity

Adani Power said its plans to develop nuclear power projects depend on the government finalising rules allowing private-sector participation, with technology choices hinging on commercial viability

PVR INOX Q1FY27 result: Net profit rises to ₹56.5 cr; revenue up 11.9%

PVR INOX reported a consolidated net profit of ₹56.5 crore in the June quarter, aided by robust demand for films, higher ticket prices and strong growth in food and beverage sales

Cipla Q1 result: Net profit falls 39.2% to ₹789 cr; Dinesh Jain named CFO

Revenue from operations rose 2.3 per cent ‌to ₹7,119 crore, beating estimates of ₹7,073 crore

Adani considering launching airline to push into India's aviation market

The Adani Group is considering starting an airline, a move that could intensify competition in India's aviation market dominated by IndiGo and Air India

India and Myanmar deepen rare earths ties amid China supply concerns

India and Myanmar are strengthening cooperation on rare earths and critical minerals, as Centre seeks to diversify supplies of strategic resources dominated by China

Houthis target tankers in Red Sea, threatening new chokepoint in Iran war

The Houthis said they struck two Saudi oil tankers in the Red Sea as the US launched a fresh round of strikes on Iran, heightening concerns over global oil supplies and shipping routes

Asian stocks rise as tech earnings lift chipmakers; oil at six-week highs

Asian markets advanced after strong US technology spending plans boosted chipmakers, while escalating conflict in West Asia pushed oil to six-week highs and revived inflation concerns