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Berkshire Hathaway profit rises despite consumer stress, cash sets record
Economic Times - Markets02-May-2026 20:04 0ndUTC
Berkshire Hathaway reported stronger Q1 operating profit despite economic headwinds impacting consumer businesses. Led by Warren Buffett and CEO Greg Abel, the firm amassed nearly…
AI risks keep me up at night, says Kotak Bank CEO
LiveMint - Companies02-May-2026 19:59 0ndUTC
Kotak Mahindra Bank Q4 profit rose 13%, but CEO flagged rising AI-driven cyber risks.
DMart FY26 growth steady, e-commerce weighs on margins
LiveMint - Companies02-May-2026 18:41 0ndUTC
Store expansion and steady sales growth were offset by rising online losses amid quick-commerce competition.
DMart Q4 Results: Avenue Supermarts cons PAT jumps 19% to Rs 656 crore, revenue too rises 19%
Economic Times - Markets02-May-2026 17:25 0ndUTC
DMart Q4 Results: Avenue Supermarts, the operator of DMart, on Saturday reported a net profit of Rs 656.6 crore for the March quarter of FY26,…
Air India CEO search narrows to Singapore Air exec Kannan and insider Aggarwal, sources say
LiveMint - Companies02-May-2026 17:05 0ndUTC
The choice of a new CEO comes at a crucial time for Air India, which is grappling with heavy losses, heightened regulatory scrutiny after a…
CDSL Q4 Results: Cons PAT declines 20% to Rs 80 crore, Rs 12.75/share dividend declared
Economic Times - Markets02-May-2026 15:55 0ndUTC
CDSL Q4 Results: Central Depository Services Limited reported a mixed Q4 FY26 performance, with revenue growing 17.1% to Rs 262.85 crore, but net profit declining…
FII outflows not driven by lack of AI and high taxes, says Shankar Sharma. Here’s why
Economic Times - Markets02-May-2026 15:36 0ndUTC
Foreign investors are not avoiding India due to AI exposure or tax issues, according to investor Shankar Sharma. Data shows markets with little AI have…
Kotak Mahindra Bank Q4 Results: PAT jumps 13% to Rs 4,026.55 crore, NII rises 8%
Economic Times - Markets02-May-2026 15:25 0ndUTC
Kotak Mahindra Bank Q4 Results: Kotak Mahindra Bank on Saturday reported a net profit of Rs 4,026.55 crore for the March quarter of FY26, marking…
IFSCA in talks with RBI over foreign asset reporting rule for GIFT City funds
LiveMint - Markets02-May-2026 15:21 0ndUTC
The move follows an RBI FAQ that set out mandatory FLA filing requirements and raised questions over the regulatory classification of entities in the GIFT…
Nifty stays range bound as volatility rises; breakout awaited
Economic Times - Markets02-May-2026 14:57 0ndUTC
Nifty 50 traded within a narrow range, closing slightly higher amid rising volatility and weak momentum indicators. Markets remain in consolidation, with key resistance and…
AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris Wood
Economic Times - Markets02-May-2026 14:42 0ndUTC
Rising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Despite aggressive spending, monetisation…
