Adani Ports Q1 Results: Net profit rises 9% YoY to Rs 3,620 crore, revenue jumps 19%

Adani Ports and Special Economic Zones announced a consolidated net profit of Rs 3,620 crore for the first quarter. This marks a significant nine percent year-on-year increase from the previous financial year’s earnings. The company’s revenue from operations also saw a substantial eighteen percent growth. This impressive financial performance reflects strong operational capabilities and market…

Global Market: Japan’s Nikkei swings between gains and losses as AI stock selloff persists

Japan’s Nikkei index saw mixed trading as investors awaited major US tech earnings. AI and chip-related stocks continued to face pressure, tracking global weakness. Geopolitical tensions in the Middle East also contributed to market uncertainty and rising oil prices. However, strong earnings from select companies like Keyence provided some support. Market breadth remained positive despite…