Asian Paints posted a significant 46.8% increase in net profit for the second quarter, reaching ₹1,018.23 crore. The surge reflects robust demand in the decorative paints segment and operational efficiencies amid a competitive market. Asian Paints reports a 46.8% increase in Q2 profit to ₹1,018.23 crore on strong demand and operational efficiency. Read the full…
Oil and Natural Gas Corporation (ONGC) has announced the end of the force majeure status on its Mozambique LNG project, allowing resumption of operations after disruptions. The move follows improved security and operational conditions in the region, signaling a positive development for the energy sector. ONGC announces end of force majeure on Mozambique LNG project,…
Microsoft has entered into a $9.7 billion contract with Italy’s IREN to supply Nvidia AI chips. The deal aims to enhance Microsoft’s cloud computing and AI infrastructure with cutting-edge technology from Nvidia. Microsoft signs $9.7 billion contract with IREN for Nvidia AI chips to enhance cloud computing and AI infrastructure, strengthening its Azure platform. In…
US prosecutors have charged several cybersecurity professionals with orchestrating a sophisticated cybercrime ring. The operation allegedly involved hacking, data theft, and financial fraud across multiple countries, raising serious concerns about insider threats in cybersecurity. US prosecutors charge cybersecurity experts with running a major cybercrime ring involving hacking and financial fraud across multiple sectors in 2025….
Samsung SDI has confirmed ongoing discussions with Tesla to potentially supply energy storage system (ESS) batteries. The talks highlight Samsung SDI’s efforts to expand its footprint in the electric vehicle and renewable energy storage sectors. Samsung SDI is in talks to supply Tesla with energy storage system batteries, aiming to expand its role in the…
A recent G20 report highlights that the top 1% of India’s population has increased its wealth by 62% since the year 2000. The report underscores the growing wealth disparity amid India’s rapid economic growth. G20 report reveals India’s top 1% increased wealth by 62% since 2000, highlighting rising economic inequality amid rapid growth. A comprehensive…
The Securities and Exchange Board of India (SEBI) has highlighted the critical importance of cybersecurity alongside compliance measures to safeguard the financial markets. This emphasis aims to enhance the resilience of market infrastructure amid rising cyber threats. SEBI highlights the importance of cybersecurity alongside compliance to strengthen India’s financial market resilience against evolving cyber threats….
State Bank of India (SBI) reported a 10% increase in its net profit for the second quarter of fiscal 2025-26, reaching ₹20,160 crore. The growth was driven by robust loan demand and improved asset quality amid a strengthening economic environment. SBI reports a 10% increase in Q2 net profit to ₹20,160 crore on strong loan…
Powergrid recently observed Vigilance Week from October 27 to November 2, reinforcing its commitment to integrity and anti-corruption measures. The week-long event included various activities aimed at fostering transparency and ethical practices across the organization. Powergrid observes Vigilance Week 2025, promoting integrity and anti-corruption awareness through workshops and campaigns across India. Powergrid Corporation of India…
The Indian stock market benchmark Sensex declined by over 519 points on Tuesday, driven by significant foreign portfolio investor outflows and subdued global market trends. Weakness in major global indices along with concerns about economic growth contributed to the bearish sentiment. Sensex drops over 519 points amid foreign fund outflows and global market weakness, as…
