SAYAJI HOTELS LTD Q1 RESULTS

Scandal explodes: Fired Nestlé CEO’s mistress claims he cheated with another woman in Swiss hotel, says report

Former Nestlé CEO Laurent Freixe was removed after a big scandal that involved secret relationships inside the company. Reports say the issue started in a Zurich hotel and later reached top Nestlé leaders. The company fired him for breaking its rules. The scandal has shocked Nestlé and raised questions about workplace ethics.

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.

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.

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.

Dan Rivera death: Paranormal investigator linked to haunted Annabelle doll dies of heart problems

Dan Rivera, a paranormal investigator, died in July while touring with the haunted Annabelle doll. Officials later said his death was from natural heart problems. The case drew attention because of his link to the doll, which has a scary history and inspired The Conjuring movies. Many fans are searching for Rivera and Annabelle together.

Porinju Veliyath buys shares worth Rs 5.5 crore in Fratelli Vineyards via bulk deals

Investor Porinju Veliyath acquired 5 lakh shares in Fratelli Vineyards worth Rs 5.5 crore via bulk deals. The stock rose 5% to Rs 109.70 despite being oversold and a year-long decline, as the company reported a Q1FY25 net loss of Rs 5.8 crore. Fratelli Vineyards has been a market laggard, with its share price falling nearly 72% in the past 1 year. This year, the stock price has eroded by 67%.

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.

What tourists should not do in Singapore to avoid fines

Singapore enforces stringent regulations to maintain its reputation for cleanliness and order. Tourists should be aware of laws that prohibit chewing gum, littering, public nudity, smoking in restricted areas, and jaywalking. Severe penalties, including fines, imprisonment, and even caning, exist for offenses like drug possession, vandalism, and failing to flush public toilets.

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.

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.

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

US Open 2025 prize money hits record $90 million, winners to earn $5 million each

The US Open 2025 has set a new record with $90 million in total prize money. Top tennis players from around the world are competing in New York for glory and big rewards. With higher payouts and extra support for athletes, this year’s tournament is the biggest in tennis history.

India’s Q1 GDP springs big surprise with five-quarter high growth of 7.8% before US tariff blow

India's GDP showcased a robust growth of 7.8% in the April-June quarter. The National Statistics Office released the data. This figure surpassed economists' projections. Government capital expenditure fueled this expansion. Construction and agriculture sectors performed well. Aviation cargo traffic and GST collections also increased. Global trade risks remain a concern. However, domestic demand is expected to sustain growth.

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.

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.

India Inc to report muted revenue growth of 5-6 pc in Q2: ICRA

ICRA projects a modest 5-6% revenue growth for India Inc. in Q2 FY2026, slightly up from the previous quarter. Stable operating profit margins are expected due to softening input costs, maintaining stable credit metrics. Geopolitical tensions and US tariffs continue to impact export-oriented sectors, while urban demand recovery remains slow despite resilient rural demand.