VISAGAR FINANCIAL SERVICES LTD Q2 RESULTS
Hood stock surges 14% as Robinhood joins S&P 500: Analysts are bullish – suggesting strong buy
Robinhood stock surged 14% after the trading app pioneer joined the S&P 500 index. Once known for meme stock volatility, Robinhood has rebuilt trust with investors through strong crypto trading, options growth, and interest income.
Audi India cuts car prices by up to ₹7.8 lakh following GST 2.0 reforms; check changes for each model here
Audi India has reduced prices across its models by Rs 2.6–7.8 lakh, passing on GST 2.0 benefits. The Q3 now starts at Rs 43.07 lakh, while the Q8 begins at Rs 1.1 crore. Prices of Q5, Q7, A4, and A6 are also lower. Audi said the move makes its cars more accessible before the festive season.
Infosys to consider share buyback proposal on Thursday
Infosys will consider a buyback of equity shares at a meeting on September 11, 2025, following a period of underperformance where shares have fallen nearly 25% in the past year. Despite this, the company reported a 9% YoY growth in consolidated net profit for the first quarter, with revenue rising 8% YoY.
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.
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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.
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.
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.
Urban Company IPO risks explained: 12 warnings on operations, regulations and valuation
Urban Company's upcoming IPO, opening September 10, carries inherent risks for investors. The Red Herring Prospectus highlights concerns including sustained losses, intense competition, and high marketing costs. Dependency on gig workers, legal and regulatory challenges, and potential data security breaches also pose threats. Furthermore, reliance on limited service categories and geographic concentration could impact business.
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.
Smallcap multibagger stock hits 5% upper circuit after Rs 5.5 crore investment by Porinju Veliyath
Fratelli Vineyards shares: Investor Porinju V Veliyath bought 5 lakh shares worth ₹5.5 crore. The move coincides with the GST Council’s shift to a simplified two-slab GST 2.0 structure, which hikes taxes on sin goods to 40%.
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.
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.
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.
Promoter group firms infuse Rs 3,956 crore in Jio Financial
Jio Financial Services Ltd (JFSL) has received Rs 3,956 crore from promoter group companies, Sikka Ports & Terminals Ltd and Jamnagar Utilities & Power Private Ltd, through the allotment of 50 crore warrants to fund expansion. Each company received 25 crore warrants at Rs 316.50 per unit.
Figr IPO: FIGURE eyes $4.1B valuation with 22% revenue surge — is fintech’s next big breakout here?
FIGURE is making waves as it gears up for its highly anticipated IPO, aiming for a $4.1 billion valuation. The blockchain-backed lender has turned profitable, posting $29 million in net earnings and a 22% revenue jump in the first half of 2025. With 26.3 million shares on offer, FIGURE’s Nasdaq debut under ticker FIGR is set to attract major attention from investors looking for the next big fintech breakout.
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.
Tata Capital sets stage for USD 2 bn IPO after global roadshows; valuation seen at $18 billion
Tata Capital is gearing up for its highly anticipated USD 2 billion IPO, slated to debut by September 30, potentially becoming the largest IPO of 2025. Following successful investor roadshows across global financial hubs, the company's valuation is expected to reach USD 18 billion.
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.
On track to achieve fiscal deficit target of 4.4 pc for FY26: DEA Secy Anuradha Thakur
Economic Affairs Secretary Anuradha Thakur assures that India is on track to meet its fiscal deficit target of 4.4% for the current financial year, despite temporary mismatches in monthly numbers. Strong economic fundamentals, robust government capex, and positive private consumption are driving growth. India's Q1 FY26 GDP growth of 7.8% reflects broad-based economic expansion, making it the fastest-growing major economy.
UK banks face new profit tax as shares drop after IPPR proposal
UK banks face calls for a new tax on profits to recover taxpayer money lost from QE. Shares of NatWest, Lloyds, and Barclays fell after the proposal. The government says it supports financial services and wants the City to grow. Experts say the tax could save billions, while banks warn it may hurt competitiveness.
Canada Q2 growth shrinks for first time in 2 years as U.S. tariffs bite — is a recession ahead or can household spending bring relief?
Canada economy shrinks in Q2 2025 as U.S. tariffs hit exports harder than expected, pushing GDP down 0.4%. While auto and machinery exports tumbled, Canadians kept spending more on housing, food, and new vehicles, showing the domestic economy is still holding firm.
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.
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.
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.
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.
MongoDB stock jumped 32% after a massive Q2 earnings beat and raised outlook, sparking Wall Street buzz — is MDB the next big buy?
MongoDB stock surged 32% after reporting a stunning Q2 earnings beat and raising its full-year outlook, driving excitement on Wall Street. Investors now ask — is MDB a smart buy?
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.
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