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ITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased compared to the previous year. The company announced the approved acquisition of GHK Hospitality & Infrastructures Ltd. This strategic move will expand their owned-asset portfolio in Ahmedabad. The hotel business and new branded residences vertical…
Tech Mahindra announced a consolidated net profit of Rs 1,465 crore for the first quarter. This represents a substantial 28% increase compared to the previous year’s earnings. The company also saw its net profit rise over 8% sequentially from the prior quarter. Revenue from operations experienced an 18% year-on-year jump to Rs 15,712 crore. These…
Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major reported modest Q1 FY27 profit and revenue growth, issued cautious quarterly guidance and reiterated its focus on AI-led business transformation.
South Korea’s Kospi index experienced a significant decline of over six percent on Thursday. This downturn followed the Bank of Korea’s first interest rate increase in three years. Major tech stocks like SK Hynix and Samsung Electronics saw substantial drops. Concerns are mounting over the impact of single-stock leveraged ETFs on market stability. Regulators are…
A South Korean man was arrested for allegedly attacking a stock YouTuber after reportedly suffering heavy investment losses from following the creator’s recommendations. The incident has reignited concerns over the growing influence of online investment influencers and the risks of relying on unverified stock tips without independent research.
TSMC will invest an additional one hundred billion dollars in Arizona facilities. This expansion underscores strong confidence in future artificial intelligence demand. The company also raised its capital expenditure guidance for the coming years. TSMC’s robust second-quarter earnings beat analyst expectations significantly. This move signals sustained investment in global AI infrastructure development.
Warren Buffett has warned that value investing is becoming harder as speculative trading gains popularity. Calling today’s markets increasingly driven by gambling, the Berkshire Hathaway chairman urged investors to stay patient, focus on quality businesses and avoid chasing short-term market excitement despite heightened volatility across global equities.
Sotefin Bharat’s Rs 89.76 crore SME IPO opened to a cautious 16% subscription on Day 1, with the GMP suggesting a modest listing premium of around 11.76% over its Rs 187 upper price band.
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