SCHNEIDER ELECTRIC PRESIDENT SYSTEMS LTD Q1 RESULTS
Verizon’s $22 million relief fund offers Americans $800+ checks — here’s how to claim yours
Verizon has started a big debt relief fund with ForgiveCo to help veterans in need. The program is giving out checks worth more than $800 on average. Verizon is also working with sports teams to spread the message. The company says this is a way to honor veterans and support their communities.
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.
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.
US Stock market's worst performing month in past 35 years September is here. Top Stocks to pivotal factors - all you need to know
Tesla rose 3.6 per cent after proposing a payout package that could reach $1 trillion for its CEO, Elon Musk, if the electric vehicle company meets a series of extremely aggressive targets over the next 10 years.
Ola Electric auditor flags internal controls at subsidiary
Ola Electric Technologies, the operating subsidiary of Ola Electric Mobility, is seen as having the deficiency. The “material weakness” in internal controls was flagged by BSR & Co. LLP, the statutory auditor for both companies, in Ola Electric’s annual report for FY25.
Ola Electric auditor raises alarm; Urban Company's pre-IPO deal
Ola Electric's auditor draws attention to missing internal controls at a key subsidiary. This and more in today's ETtech Top 5.
- Go To Page 1
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.
Ola Electric shares decline 4% as SoftBank trims stake to 15.68% in 2 months
SoftBank reduced its stake in Ola Electric, joining other investors like Tiger Global and Hyundai in trimming holdings. Despite this, Ola Electric secured PLI scheme certification, potentially easing financial pressures. The company reported lower revenue and increased losses in Q1, attributed to heightened competition and weaker demand, with shares closing down 6.3%.
NTPC shares in focus after Tanda Thermal Power Station Stage-I shutdown
NTPC shares are set to be in focus after the state-run power producer announced the permanent closure of its Tanda Thermal Power Station, Stage I, effective September 1. The facility comprised four units of 110 MW each. The shutdown, approved by the competent authority and communicated to the CEA, aligns with NTPC’s ongoing portfolio optimisation strategy.
‘India and China are creating alternative payment systems now — that could be a powerful geoeconomic challenge to the US’
Matteo Maggiori explains geoeconomics as powerful nations leveraging trade and finance for influence, citing tools like export controls and sanctions. He highlights the financial sector and semiconductor supply chains as key arenas, noting China and India's efforts to create alternative systems to challenge US dominance. Overuse of geoeconomic power risks fragmentation and the rise of multipolar world.
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.
Hitachi to invest $1 billion to produce power grid components in US
Hitachi will invest one billion dollars to grow its power grid manufacturing in America. This is because the U.S. faces high electricity demand from AI data centers. A new facility will be built in South Boston, Virginia. It will manufacture large power transformers. Construction will start this year and be completed by 2028. This investment aims to strengthen the U.S.
Adani Green, Waaree Energies and other renewable energy stocks in focus as GST cut to 5% from 12%
Renewable energy stocks like Adani Green, Tata Power, NTPC, and Waaree Energies in focus after the GST Council cut tax on solar, wind, biogas, and other clean energy devices and parts to 5% from 12%, lowering costs for developers and boosting green transition.
The govt wants you to fall in love with hatchbacks again
The Goods and Services Tax (GST) Council has approved a revised tax structure for the automobile sector. Tax rate for bigger cars is now 40%. Levies on smaller cars and motorcycles up to 350cc are reduced to 18%. This decision comes as Sports Utility Vehicle (SUV) sales experience their first decline in over five years.
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.
Nestle's new CEO faces full plate of problems
Nestle abruptly appointed Philipp Navratil as CEO, succeeding Laurent Freixe, who was dismissed for violating the company's code of conduct. Navratil, a Nestle veteran, faces the challenge of reversing a share price decline and boosting sales amid economic headwinds. Investors are watching to see if he can bring stability and fresh ideas to the company.
Bitcoin mining costs $1,300 in Iran, but a whopping $306,000 in Italy - here's the full list
Bitcoin mining costs are very different across countries. In some places it is very cheap, while in others it is very costly. The price of electricity decides how much it costs to make one Bitcoin. This gap shows why mining is easy in some nations and almost impossible in others.
Laurent Freixe fired: Nestle veteran exits company after nearly 40 years with millions in hand. Check his net worth
Nestlé fired CEO Laurent Freixe for not disclosing his relationship with a subordinate, an incident found to be in breach of the company’s code of business conduct. Freixe had taken over as CEO in September last year after the ouster of Mark Schneider. Laurent Freixe became Executive Vice President and Zone Director for Europe in 2008, and later took charge of Nestlé’s Americas business in 2014
After a 55% surge in a month, are Ola Electric shares still a buy or is it time to take profits?
Ola Electric surged 55% in a month following PLI scheme inclusion and strong technical momentum. Analysts cite breakout patterns, higher volumes, and support zones driving upside, despite Q1 net losses. PLI incentives and cost-structure improvements bolster prospects, making the stock a key focus for medium-term gains.
26 MoUs worth Rs 7,020 crore signed during Germany visit, will generate over 15,000 jobs: TN CM Stalin
During his visit to Germany, Tamil Nadu Chief Minister MK Stalin secured 26 MoUs worth Rs 7,020 crore, expected to generate over 15,000 jobs in the state. Key agreements were signed with companies like Knorr-Bremse, Nordex Group, and ebm-papst, focusing on sectors like railway components, renewable energy, and electric motors.
Nestle CEO Laurent Freixe who has been sacked over affair with colleague denies having romantic relationship with subordinate
Nestle's sacked CEO Laurent Freixe is a company veteran and took over the CEO role exactly one year ago after Nestle ousted his predecessor Mark Schneider.
Nestle CEO Laurent Freixe sacked over romantic relationship with colleague
Nestle CEO Laurent Freixe has been sacked by Swiss food giant. The company has appointed Philipp Navratil as the new Chief Executive Officer.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian markets rebounded on Monday after three sessions of losses, driven by stronger-than-expected 7.8% GDP growth and relief from a U.S. court ruling on Trump’s tariffs. Analysts highlighted optimism in autos and consumer durables but cautioned on GST and borrowing risks.
Jessica Aber cause of death: Ex-Attorney who resigned on Donald Trump's Inauguration Day dies of epilepsy? Check symptoms, treatment
Jessica Aber made headlines for handling high-profile cases before her death at 43 earlier this year.
Donald Trump's United States vs Russia, China, India, North Korea -- five points that show new Global Order is rising
President Xi Jinping was hosting more than 20 leaders of non-Western countries at a summit in the Chinese port city of Tianjin for the Shanghai Cooperation Organisation.
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.
Ola rallies 10% this week on PLI certification, even as market share dips
Ola Electric's shares experienced a nearly 10% surge this week, fueled by the PLI certification for its Gen 3 scooters, potentially boosting profitability. Despite this positive news, the company faces challenges, including intense market share competition, concerns over potential GST reforms favouring ICE vehicles and regulatory crackdown.
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.
Load More
