Category: Business News

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Innoterra Ltd, the Indian arm of Swiss agritech firm Innoterra AG, is preparing for an Initial Public Offering (IPO). The company plans to raise funds through a fresh issue of shares and an Offer-for-Sale by existing shareholders. Proceeds will be used for expanding milk collection infrastructure, working capital, and potential acquisitions. Innoterra operates as a…

The company plans to deploy the IPO proceeds to acquire Falcon Yarns, meet working capital requirements, and support general corporate purposes.

Nike reported stronger-than-expected quarterly revenue and earnings, supported by improving demand in North America and a recovery in its wholesale business. However, continued weakness in China and a cautious FY2027 outlook weighed on investor sentiment, overshadowing the earnings beat despite encouraging signs in the company’s turnaround efforts.

KPIT Technologies shares plunged 15% after the company warned of a revenue drop in Q1 FY27, citing unexpected actions from European automakers. While short-term performance is expected to be weak, KPIT remains optimistic about long-term growth driven by outsourcing and automation. The company anticipates a strong rebound in the second half of FY27, building a…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…