Gevo CEO Paul Bloom sells $48,068 in company shares

Berkshire’s profit doubles as equity holdings surge; buys back $4.5 bln shares

Apollo Micro Systems reported a 43% year-on-year rise in Q1 FY27 net profit to Rs 25.2 crore, while revenue surged 88% to Rs 251.3 crore. EBITDA rose 18% to Rs 48 crore, though margins moderated. The defence company said its best-ever first-quarter performance reflects strong execution and continued sector demand.

India’s financial markets are poised for growth, buoyed by robust domestic economic fundamentals like strong consumer demand and proactive government spending. Nevertheless, international geopolitical tensions and fluctuating commodity prices present daunting challenges. Consequently, there may be fluctuations in foreign capital inflows, which could affect market stability. Nonetheless, SEBI remains optimistic about India’s potential to outperform…

Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EBITDA fell 4% as higher labour, fuel and operating costs weighed on margins. The logistics company expects pricing revisions and revenue growth to offset cost pressures.

India’s FSSAI warned liquor giant Diageo that it misleadingly claimed one of its top-selling whiskies was “matured in American oak casks”, when most of the product had not been matured. 

Unclaimed mutual fund dividends rose 15.7 percent to Rs 2,689 crore in 2025-26. Unclaimed redemption proceeds saw a slight decline of 0.5 percent during the same period. Combined unclaimed amounts in mutual funds reached Rs 3,811 crore by March 31, 2026. SEBI enhanced measures to help investors and nominees access their unclaimed holdings. Initiatives like…

Gold rate today: Gold price registered 8% weekly gain, as easing tension in the Middle East and falling oil prices have cooled down inflation concerns

Artificial intelligence is creating more jobs than it is eliminating in India. This technology has resulted in a net positive employment impact for the nation. However, AI is disrupting traditional roles and reducing demand for entry-level workers. Companies are showing weaker demand for junior employees while senior roles remain stronger.

The Mecca Joint Defence Agreement, signed on 7 August by Saudi Arabia, Pakistan and Türkiye, threatens to undermine India’s efforts to recast its ties with West Asia, while giving Islamabad a strategic hedge against New Delhi.