SoftBank shares climb after strong Q1 earnings; AI business lifts profit

India’s smallest listed stocks delivered the strongest market run in six months. The Nifty Microcap 250 index rose eleven percent, beating other size indices. Sterlite Technologies led gains with a four hundred twenty-four percent return. Fund managers expect earnings growth in smaller companies to improve soon. However, microcap stocks carry risks of sharp corrections and…

DeepSeek founder Liang Wenfeng states his company avoids China’s 996 work culture. He believes research requires a relaxed environment and focused efforts. Employees are not assigned key performance indicators and have unallocated time. This approach contrasts with some Silicon Valley founders advocating longer workweeks. DeepSeek continues its AI business expansion with this flexible model.

Reliance Retail’s Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. Reliance Consumer more than doubled revenue, driven by Campa and Independence, with rapid growth across grocery, electronics and digital commerce.