RAIL VIKAS NIGAM LTD Q2 RESULTS
SpiceJet shares fall 5% after airline reports Rs 234 crore net loss in Q1FY26
SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year's profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline's net worth improved due to financial restructuring.
London Tube Strike: Underground services to resume on next Friday, Docklands Light Railway may remain closed on Tuesday, Thursday
London Tube has 272 stations and 11 lines that crisscross the city and its surrounding suburbs.
India's longest rail tunnel: Tunnel boring machine operators cut through treacherous Himalayas
Two tunnel boring machine (TBM) operators, Baljinder Singh and Ram Avtar Singh Rana, overcame challenging terrains and a major landslide to complete India's longest rail tunnel ahead of schedule. They used a German-made TBM named Shakti, working tirelessly to clear debris and stabilize the excavated sections. Their efforts are part of the Rishikesh-Karnaprayag Rail Link Project.
Type 5 diabetes: The shocking new threat hitting children and teens – what you must know
The International Diabetes Federation in 2025 officially recognized Type 5 Diabetes as a form of diabetes connected to prolonged childhood malnutrition. Unlike Type 1 or Type 2, it outcomes from impaired pancreatic development caused by long-term nutrient deficiency issues. Most common in low- and middle-income countries, especially in Asia and Africa, it mainly impacts lean teenagers and young adults. Around 20 to 25 millions live with this condition globally.
RSS coordination meet discusses centenary year programmes, women's issues, social campaigns
The RSS's all-India coordination meeting in Jodhpur extensively discussed plans for its centenary year, commencing from Vijayadashami 2025. Affiliated organizations presented their work on diverse issues, including women's empowerment, agriculture, de-addiction, and promoting indigenous products. Discussions also encompassed national unity, security, and social perspectives, with key figures like Mohan Bhagwat and Dattatreya Hosabale in attendance.
Hyundai plant in Georgia rocked as 475 workers taken by ICE in huge raid
Homeland Security arrested hundreds of workers in Georgia during a raid at a Hyundai plant. The action is linked to illegal employment investigations. Hyundai said the arrested workers are not directly employed by the company. The case has drawn attention from South Korea, which asked the US to protect the rights of its citizens.
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BART system failure paralyzed Bay Area transit: why trains stopped and when service may return
BART shutdown Friday morning left thousands of Bay Area commuters stranded as all train lines came to a sudden halt following a computer system failure tied to a network upgrade. With no trains running and no timeline for restoration, the outage disrupted more than 180,000 weekday riders and intensified gridlock across bridges, buses, and rideshare apps.
SpiceJet Q1 Results: Airline slips into red with Rs 234 crore YoY loss, revenue falls 36%
SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year. Revenue from operations also declined significantly. It fell by 36 percent year-on-year, reaching Rupees 1,060 crore.
Varun Beverages Ltd forms JV with Everest International to make refrigerators
Varun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% stake in the venture, which will focus on manufacturing visi-coolers and other refrigeration equipment. The company has invested ₹21.25 crore, acquiring 2,12,50,000 equity shares in White Peak Refrigeration Pvt Ltd.
Stocks in news: Zydus Life, NTPC, HDFC Life, Varun Beverages, TVS Motor
Indian markets closed marginally higher, buoyed by GST reforms signaling a significant tax overhaul. Zydus Lifesciences will introduce a generic multiple sclerosis drug in the US, while NTPC permanently discontinues operations at its Tanda thermal project. Varun Beverages will manufacture visi-coolers through a joint venture, and TVS Motor launched the NTORQ 150 scooter.
RVNL, Texmaco joint venture set to operationalise by November to boost rail infrastructure
Rail Vikas Nigam Limited and Texmaco Rail & Engineering Limited will form a joint venture. The aim is to develop India's railway sector. A new company will be incorporated by November. The company will focus on railway projects in India and abroad. The total investment for the JV is Rs 200 crore.
Expected price hike to a lack of premium camera features - is Apple's iPhone 17 already facing headwinds?
Apple is getting ready to launch the iPhone 17 series, with the latest iPhone 17 Air making it one of the most major redesigns in years. The device will be about 2mm thin, but this slimmer profile could minimize battery capacity unless offset by software enhancements. Costs are also anticipated to elevate by $50–$100 across models, making the iPhone 17 Air between $949 and $999 as per the analysts.
US stock market: Dow Jones falls, S&P 500, Nasdaq gain. Check top performing stocks
Google parent Alphabet and Apple made big gains as S&P 500, Dow Jones, Nasdaq look ahead to key US jobs data later in the week.
Another engineering marvel from China - Xi Jinping to build land-based 'Suez Canal' to link Europe and Asia
China is building a revolutionary land-based trade corridor, dubbed the “Suez Canal on rails,” linking Chongqing to Europe. This fast, reliable rail network promises shorter shipping times, reduced reliance on traditional sea routes, and a major shift in global trade dynamics.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian markets ended lower on Tuesday as Nifty slipped 45 points to 24,579 and Sensex dropped 206 points. Auto and bank stocks dragged indices, with analysts highlighting resistance at 24,700–24,850 and weak near-term momentum.
IGL shares in focus after formation of solar JV with Rajasthan government
IGL shares: Indraprastha Gas Ltd (IGL) has formed a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Ltd to set up a solar power project in Rajasthan, marking its entry into the renewable energy sector.
Largecaps bear the brunt as FIIs reduce stakes across markets in June quarter
Foreign Institutional Investors trimmed stakes across largecap, midcap and smallcap stocks in the June quarter, with the steepest proportional cuts in largecaps. Key stocks like Shriram Finance, ABB, and Dreamfolks saw sharp declines, highlighting rising foreign caution and shifting sentiment in India’s equity markets.
BSE 500: 360 stocks sink in August, 65 crash in double-digits; KIOCL, Maruti & Godfrey Phillips shine up to 28%
BSE 500 slipped nearly 2% in August as Trump’s tariff moves and weak Q1 earnings spooked investors. FIIs pulled out nearly Rs 35,000 crore, dragging PSU, infrastructure, and energy stocks, while autos, consumer discretionary, and durables outperformed on GST reform optimism. PNB Housing Finance was the biggest loser as the counter slipped 24% in August while top returns of 28% was recorded by KIOCL.
3 special trains left Jammu with over 1,500 stranded passengers, 54 trains cancelled
Northern Railways operated three special trains from Jammu, transporting over 1,500 stranded passengers due to ongoing rail traffic suspension. Fifty-four incoming and outgoing trains from Jammu and Katra were cancelled for Monday. Rail traffic between Kathua and Udhampur remains suspended due to misalignment and breaches, while the Katra-Srinagar-Katra track is operational.
Explained: Nvidia Q2 results beat estimates. So why did the stock fall?
Nvidia earnings report: Nvidia topped Q2 estimates with record $46.7 billion revenue and a 59% profit jump, but shares fell as softer data center sales and cautious guidance sparked doubts about the AI rally’s durability.
India Inc earnings downgrade drought shows first signs of breaking: Will Q2 mark the bottom?
The earnings decline for Indian companies might be nearing its end. Q1 saw the smallest downgrade cycle in a year. Large companies are showing stability. Oil and Gas sector boosted overall growth. Construction materials and telecom sectors are performing well. Textiles and consumer durables are facing challenges. Rural consumption revival and potential RBI policy changes could aid growth.
Texmaco, RVNL form JV to boost rail modernisation, exports
Texmaco Rail and RVNL are partnering to modernize Indian Railways. The joint venture aims to manufacture rolling stock and undertake EPC projects. Texmaco will hold 49% stake, with RVNL as the majority shareholder. The collaboration will focus on automation and green technologies. The goal is to enhance India's rail infrastructure and global competitiveness.
America’s fastest train is here — Amtrak’s NextGen Acela debuts with 5G WiFi, luxe seats and huge windows
America’s fastest train, NextGen Acela, has officially launched, transforming travel along the Northeast Corridor from Washington, D.C., to New York and Boston. Passengers now enjoy top speeds of 160 mph, ergonomic wide seats, and expansive panoramic windows for a comfortable and scenic journey.
Big Nvidia quarterly results today - Here's what to expect from Jensen Huang-led AI titan
Nvidia Q2 earnings 2025: Nvidia is set to release its Q2 earnings amid policy shifts impacting China sales, including a reversed chip ban and a new 15% fee. Despite concerns and warnings from China, analysts anticipate strong year-over-year growth, driven by data center and gaming segments. Investors are closely watching GB200 shipments, Blackwell Ultra ramp-up, and AI spending updates.
As IRFC shares sink 50% from peak, why scaling crucial resistance could be a tall order?
IRFC share price have significantly declined, falling 50% from their peak despite a double-digit increase in Q1 net profit. Technical analysis indicates a weak setup, with the stock struggling below the critical Rs 130 resistance level. Experts suggest reclaiming this level will be challenging, reflecting a broader downturn in railway stocks.
RVNL shares jump 2% on Rs 178.65 cr contract from IRCON International
RVNL shares rose after winning an order from IRCON for signalling and telecom works, including new interlocking systems, control upgrades, and related installations, to be completed within the year.
RVNL shares slip 4% as Q1 profit plunges nearly 40%
RVNL shares fell after its Q1 profit dropped 40% year-on-year to Rs 134.36 crore, hit by lower revenue and weaker operations. The stock, down 24% in 2025, trades below key SMAs with RSI in oversold territory, signalling continued bearish momentum.
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