City Union Bank reported a 15 percent rise in net profit for the second quarter ending September 2025, reaching ₹329 crore driven by robust operational growth and improved asset quality. The bank’s steady performance reflects its resilient business model amid a challenging economic environment. City Union Bank’s Q2 net profit rises 15% to ₹329 crore,…
Aurobindo Pharma has announced a 4% increase in its net profit for the second quarter, reaching ₹848 crore. The company’s financial performance reflects steady growth amid competitive market conditions. Aurobindo Pharma posts a 4% increase in net profit for Q2 2025-26, reaching ₹848 crore amid strong sales in domestic and international markets. Hyderabad-based pharmaceutical company…
United Spirits Limited (USL) has initiated a strategic review of its investment in the Royal Challengers Bangalore (RCB) cricket franchise, indicating a potential change in ownership. The move comes amid evolving business considerations in the Indian Premier League (IPL) ecosystem. United Spirits Limited initiates strategic review of Royal Challengers Bangalore investment, signaling possible change in…
India is preparing to conduct a comprehensive income survey aimed at capturing the economic status of households across the nation. However, the survey faces multiple challenges, including data accuracy, respondent willingness, and logistical complexities, which could affect its effectiveness. India’s upcoming income survey faces challenges in data accuracy, respondent participation, and logistics, crucial for effective…
OpenAI has formally requested increased support from the U.S. government to enhance investments in artificial intelligence development. The company aims to collaborate with federal agencies to ensure the United States remains at the forefront of AI innovation amid growing global competition. OpenAI requests U.S. government support to boost AI investments and accelerate technological innovation amid…
Elon Musk’s controversial Tesla pay package continues to spark debate as discussions surface about his potential status as the world’s first trillionaire. Critics and supporters alike weigh in on the implications of his compensation plan, which ties his earnings closely to Tesla’s performance milestones. Debate heats up around Elon Musk’s Tesla pay package as he…
Indian stock markets bounced back in early trading on Thursday, mirroring strong gains in global equity markets. The recovery was supported by buying in blue-chip stocks amid optimistic investor sentiment. Indian stock markets bounced back early on November 6, 2025, supported by global rallies and strong buying in blue-chip stocks amid positive investor sentiment. Mumbai,…
The Indian rupee appreciated by 8 paise to 88.62 against the US dollar in early trade on Thursday, reflecting positive investor sentiment and supportive factors. The currency’s modest gain comes amid stable global market conditions and ongoing foreign exchange interventions. Indian rupee gains 8 paise to 88.62 against US dollar in early trade on November…
Nvidia CEO Jensen Huang has stated that China is poised to win the global race in artificial intelligence (AI) development. Speaking at a recent event, Huang highlighted China’s significant investments and advancements in AI technologies, signaling a major shift in the global AI landscape. Nvidia CEO Jensen Huang predicts China will lead the global AI…
Smartphone prices in India have increased by approximately ₹2,000 due to escalating costs of storage components. Industry experts warn that prices may climb further as demand for higher storage smartphones grows and supply chain challenges persist. Smartphone prices in India rise by ₹2,000 due to increasing storage costs, with further hikes expected amid supply chain…
