RITA FINANCE AND LEASING LTD Q1 RESULTS

Meta’s backstop is linchpin for $26 billion AI data-center deal

Meta secured $26 billion in off-balance-sheet financing for its massive Louisiana Hyperion data center, using a joint venture and a rare residual value guarantee to protect investors from losses if AI-driven obsolescence lowers asset value. Led by Pimco and Morgan Stanley, the deal sets a precedent for future AI infrastructure funding.

Demand for retail spaces in Delhi-NCR rises 25% in January-June period: CBRE

Retail space leasing in Delhi-NCR saw a 25 percent increase in January-June. CBRE reports demand and new supply drove this growth. Fashion and apparel led demand, occupying 35 percent of leased spaces. Homeware and departmental stores accounted for 30 percent. New retail supply in malls reached 3 lakh sq ft. Experts highlight the sector's resilience and evolving consumer preferences.

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.

Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 crore

Oyo has reported a profit after tax of over Rs 200 crore in the first quarter of fiscal year 2026, with revenue growing 47% to Rs 2,019 crore. The company's Gross Booking Value surged 144% to Rs 7,227 crore, driven by hotel openings and premiumization.

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.

Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?

AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.

Robert F. Kennedy Jr. faces Senate over CDC resignations and public health concerns

Robert F. Kennedy Jr., head of Health and Human Services, faced the Senate over CDC resignations and vaccine issues. He defended his actions and criticized CDC staff. His decisions led to firings and resignations, while Democratic senators said he mismanaged the department. The situation raised concerns about public health, leadership at the CDC, and how the U.S. handles disease prevention.

Omnichannel jewellery retailer Bluestone narrows Q1 loss as revenue rises 41%

For the Bengaluru-based company, which announced its first results after listing on the Indian bourses, total expenses during the quarter rose 29% to Rs 538.4 crore, led by a 51% jump in employee benefit costs to Rs 62.9 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.

Rise Infraventures targets Gross Transaction Value of Rs 1,000 cr through commercial leasing

Rise Infraventures aims for significant growth in commercial leasing. The company targets a Gross Transaction Value of over Rupees one thousand crore. This will be achieved within the next 12 to 18 months. Focus will be on Grade A offices, retail spaces and warehouses. Rise Infraventures plans expansion across Tier-1 and Tier-2 cities.

FlexLeaze aims for Rs 150–175 crore revenue by FY25–26 with innovative asset leasing solutions

FlexLeaze, offering fitout-as-a-service and asset leasing, aims for ₹150–175 crore revenue by FY26, driven by multinational clients and expanding into warehousing and IT hardware. By converting fixed costs into operational models, FlexLeaze enables businesses to scale efficiently. Integrating design, build, and lease financing, they simplify infrastructure delivery.

Small and mid-cap firms lag behind large caps in Q1 earnings show

An ETIG analysis reveals that small and mid-cap firms underperformed large caps in the June quarter, with profit growth hitting multi-quarter lows. Large caps saw improved profit and sales growth, maintaining stable profit margins, while smaller firms experienced declines.

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.

US dollar Islamic bonds: What is it? As world's biggest oil company Aramco plans to raise $3-$4 billion for Sukuk that follows Shariah principles

Saudi Aramco during its earnings call in August said it planned to continue borrowing, adding that the company's balance sheet gearing was among the lowest in the industry.

Hotel stocks rally up to 50% in FY26: Will GST 2.0 give them an extra boost?

Hotel stocks surged up to 50% in FY26, fueled by strong demand, GST reform hopes, and expansion plans. Analysts remain bullish on Lemon Tree, Chalet, and Apeejay Park, citing rising room rates, reduced debt, and new projects. Seasonal travel and premium supply gaps further support the growth outlook.

JSW Cement Q1 profit before exceptional item & tax at Rs 164.74cr, revenue up 7.8%

JSW Cement Ltd reported a multi-fold increase in its profit before exceptional items and tax of Rs 164.74 crore for the first quarter ended June 2025.

Smartworks leases over a million sq ft across four cities

Smartworks Coworking Spaces Limited expands its footprint. The company has leased over a million square feet across Kolkata, Bengaluru, Mumbai, and Pune. Its portfolio reaches 10.08 million square feet. The Supreme Court dismisses a civil appeal against Smartworks. The court warns the NGO for misleading with fabricated documents. SAT reaffirms SEBI's review confirming Smartworks' documents are in order.

Is India's Q1 GDP growth overestimated? The surprise behind the better-than-expected 7.8% number

HSBC India warns that India’s June quarter GDP growth of 7.8% may be overstated due to low deflators, especially in services and manufacturing. Inflation adjustments risk inflating real growth. External pressures like US tariffs and GST revenue impacts pose further challenges. Economists emphasize cautious optimism and stress the need to monitor growth sustainability amid evolving fiscal and global dynamics.

Robust Q1 GDP numbers reflect India's resilience: Economic Affairs Secretary

RBL Bank shares rise 3% after Societe Generale acquires shares worth Rs 79 crore via bulk deal

RBI Bank share price: French lender Societe Generale executed a bulk deal in RBL Bank, purchasing over 31 lakh shares worth Rs 79 crore at an average price of Rs 250.57, while simultaneously offloading 1.29 lakh shares in another trade.

Trump revives Greenland-like land demand in tense meeting with South Korean President Lee Jae Myung

South Korea’s new president Lee Jae Myung met Donald Trump in Washington for his first visit. The talks were expected to be about defense and security, but Trump’s “Land for America” idea became the main topic. His push for U.S. land ownership in South Korea has raised new questions about cost, sovereignty, and the future alliance.

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.

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.