RITA FINANCE AND LEASING LTD Q3 RESULTS
France political crisis: Is country about to go bankrupt due to Donald Trump tariffs? Factors that have impacted Europe's 2nd largest economy
France's economy, the second largest in Europe after Germany's, appears strong at first glance. Before President Donald Trump's tariff war, growth was slow but steady and employment was picking up.
Huge Apple event on September 9 - iPhone Air and latest watches poised to steal the show
Apple is ready for a big event on September 9 in Cupertino. The show will bring new iPhones, Apple Watches, and AirPods. The most buzz is around the slim iPhone 17 Air. Fans are waiting to see its design, features, and price. All eyes are on Tim Cook’s big stage reveal.
SpiceJet expects to restart ops of 10 grounded planes by April 2026
SpiceJet, grappling with financial difficulties, aims to revive its operations by restoring 10 grounded aircraft by April 2026, with some expected to be operational by early winter to meet peak demand. The airline reported a net loss of Rs 238 crore in the June quarter, impacted by a significant portion of its fleet being grounded.
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.
Global capital turns selective, India stays on the investment map: Hines' Steinbach
Hines' Global CIO, David Steinbach, highlights India's growing importance in global real estate investment due to its stability, domestic demand, and policy reforms. Despite global economic uncertainties, India's office, living, and industrial sectors show resilience and potential. Hines focuses on high-quality assets, leveraging local partnerships to capitalize on India's long-term urban and economic growth.
SpiceJet to unground 10 aircraft by April 2026, expansion underway to meet market demand
SpiceJet aims to restore grounded aircraft by April 2026, including several Boeing 737 NG, MAX, and Q400 planes. The airline has secured maintenance slots and dispatched engines for repair. SpiceJet received overhauled engines from StandardAero. SpiceJet raised funds and finalized a lease for ten Boeing 737s.
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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.
Earnings recovery to drive market momentum: Mayuresh Joshi
Indian equity markets saw a 1% gain but stayed below 25,000, prompting analysis of underlying trends. GST rationalization is expected to boost volumes and margins from Q3, benefiting India Inc. Metals led sectoral gains, supported by potential US rate cuts and improved India-China ties. Despite positive indicators, markets remain cautious, awaiting earnings reset and resolution on US tariffs.
TikTok influencer Esmeralda FG and family found dead in Guadalajara
TikTok star Esmeralda FG and her family were found dead in Guadalajara, Mexico. The family included her husband and two children. Authorities said the violence seemed aimed at her husband. Their bodies were discovered wrapped in plastic at a mechanic’s shop. Investigators from Jalisco and federal agencies are working together to find the killers and collect evidence from the crime scene.
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.
GST cuts: Q3 to set positive momentum for rest of FY26: Umesh Revankar of Shriram Finance
Shriram Finance’s Umesh Revankar said GST rate cuts will revive demand in autos and consumption, boost festive season purchases, spur credit growth, and benefit MSMEs and traders.
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.
GST on insurance: Planning to delay premium payment after Sept 22 to get rate-cut benefit? Why it may not be a good idea
The Goods and Services Tax (GST) Council has reduced insurance GST rates from 18% to zero. This change applies to policy renewals after September 22, 2025, and new policies. So if you are planning to delay your premium payment after the date, it may not be a good idea.
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.
U.S. stock market: Today’s hot stocks Alphabet, American Eagle, Nvidia lead market movers — are investors chasing the right picks now?
U.S. stock market is going through a volatile September, a month that historically tests investor nerves. Today, the spotlight is on Alphabet, American Eagle, and Nvidia, which are leading market movers with sharp gains despite broader uncertainty.
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.
Musk's xAI wins early order blocking engineer from sharing tech with OpenAI
US District Judge Rita Lin in San Francisco on Tuesday issued a temporary restraining order at the request of xAI that prohibits Xuechen Li from having any role or responsibility at OpenAI pertaining to generative AI.
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.
Treasury chaos: 30-year yield soars past 4.97% as US faces tariff refund threat
Treasury yields moved higher as investors worried about the future of U.S. tariffs after a key court ruling. The 30-year yield crossed 4.97%, its highest in weeks, while global bond markets also saw a sharp rise. The case over Trump tariffs has now created fresh questions for Wall Street, government revenue, and market stability.
Mobikwik shares jump 12% after ADIA exits via block deal
Mobikwik shares rose 12% to Rs 266 after Abu Dhabi Investment Authority sold its 2.1% stake via a block deal worth Rs 39.2 crore. The exit eased selling pressure, boosting investor sentiment. Despite the rise, Mobikwik reported a Rs 41.9 crore Q1 loss, driven by a 65% drop in financial services revenue.
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.
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.
Rate cuts by RBI ease corporate debt burden, sectoral gains uneven: BoB Report
The Reserve Bank of India's interest rate cuts have lowered borrowing costs, boosting debt serviceability for companies, though benefits are uneven. A Bank of Baroda report indicates that while overall sales and profit growth have occurred, the crude oil and BFSI sectors significantly influence these trends.
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