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Apple Intelligence cleared for use on iPhones in China after regulatory approval
China's cyberspace regulator announced that Apple Intelligence, a generative AI service, has been registered for iPhones. It will integrate Baidu and Alibaba's AI capabilities, though…
Small-cap FMCG stock Spice Lounge Food Works hits upper circuit after this business update
Small-cap FMCG stock Spice Lounge Food Works hit its upper circuit on the BSE on Wednesday, 15 July, a day after the company announced it…
HDFC AMC Q1 Results: Net profit rises 12% to Rs 837 crore, revenue up 14%
HDFC Asset Management Company reported a 12% rise in Q1 FY27 net profit to ₹837 crore, supported by higher revenue and asset growth. Quarterly average…
Nifty 50 above 27,000? PL Capital raises target, sees more upside in Indian stock markets but flags key risks
PL Capital has raised its one-year Nifty 50 target to 27,019, citing improved macroeconomic conditions, resilient demand, and easing oil prices, while cautioning about risks…
Rupee ends flat as merchant bids, oil blunt comfort from modest inflows
The Indian rupee hovered close to a one-month low on Wednesday, driven by modest portfolio inflows and increased corporate demand for dollars. Asian currencies remained…
Global Market: Foreign investors add $132 billion to US securities in May as equity demand stays strong
According to Reuters, the Treasury's monthly Treasury International Capital (TIC) report showed that net long-term purchases by foreign investors reached $1.33 trillion over the 12…
'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeout
IBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 billion in…
Deepinder Goyal's next big bets: $1,000 forehead wearable, $20 mn aviation investment after Zomato
Deepinder Goyal, co-founder of Zomato, is launching a wearable device called Temple to track metabolic rates in real time. Goyal also invests in LAT Aerospace,…
NSE, Augmont partner to expand Electronic Gold Receipts ecosystem
NSE has partnered with Augmont Enterprises to expand the Electronic Gold Receipts (EGR) ecosystem, aiming to unlock India's vast household gold holdings. The initiative seeks…
HDFC AMC Q1 Results: Net profit jumps 12% YoY to ₹837 crore; revenue surges 14%
HDFC AMC Q1 Results: HDFC AMC reported a 12% YoY increase in Q1 net profit to ₹837 crore and a 13.6% rise in revenue to…
ICICI Pru Life Q1 Result: Net profit jumps 28% YoY to Rs 386 crore
ICICI Prudential Life Insurance reported a twenty-eight percent net profit increase. Net premium income rose to nine thousand seven hundred forty-nine crore rupees. New business…
