Gold hits two-month high above $4,400 as US CPI cools rate hike fears
Gold rose to a two-month high above $4,400 an ounce after July US CPI inflation came in at 0.1%, matching estimates and convincing traders the Fed will keep rates on hold in…
Business & Economy214- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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AI spending boom lifts tech margins, not others yet: Apollo economist
Net profit margins for the Mag Seven tech giants have risen to about 25 percent since late 2022, when ChatGPT launched, while margins for the other 493 S&P 500 companies have stayed…
Vodafone Idea Q1 loss narrows to Rs 3,754 crore on dues relief
Debt-ridden Vodafone Idea (Vi) reported a net loss of Rs 3,754 crore for the June 2026 quarter, narrowing from Rs 6,611 crore a year ago. The company attributed the improvement to government…
Kwality Pharma shares surge 20% as Q1 net profit more than doubles
Kwality Pharmaceuticals shares jumped over 20% on NSE to Rs 3,134 after the company reported consolidated net profit of Rs 25.6 crore for the June quarter, more than double the Rs 11.9…
Zee Entertainment Q1 profit halves to Rs 76 crore, ad revenue down 12%
Zee Entertainment reported a 47% drop in net profit to Rs 76 crore for the April-June quarter, compared with Rs 144 crore a year ago, according to an exchange filing. Revenue rose…
Lightstorm raises Rs 2,500 crore debt for AI fibre network
Network infrastructure company Lightstorm has raised a Rs 2,500 crore long-term debt facility from IndusInd Bank. The 10-year fully underwritten facility will fund terrestrial and subsea fibre projects connecting Indian data centre…
Adani Infra turns cash machine, buys ₹11,561 crore group stakes
Adani Infra (India) Ltd, a promoter-owned company, posted a Rs 7,127 crore profit in FY26, doubling from the previous year and surging 80 times from FY24, according to filings. The private firm…
Norton executive exits as TVS readies global rollout
Nevijo Mance, the executive director handling product, engineering and supply chain at TVS-owned Norton Motorcycles, stepped down from the board in early April 2026, according to UK filings submitted in July. The…
Sify Infinit plans $4 billion fundraise, IPO delayed amid West Asia war
Sify Infinit Spaces, India's first commercial data centre operator, plans to raise up to $4 billion through debt and public markets over the next four years to expand capacity. The firm will…
22-carat gold down ₹35/gram, yet 7% surge boosts festive demand
On August 10, 22-carat gold prices fell across Indian metros. One gram dropped ₹35 to ₹13,980 in Delhi, Mumbai, Bengaluru, Kolkata and Ahmedabad; in Chennai and Hyderabad it fell ₹15 to ₹13,950,…
