Tag: NDTV Profit

Speaking during the Leadership Dialogue, Jayant Sinha said businesses and investors are operating in an age of disruption as major market forces continue to shift. He said macroeconomic trends are driving investment decisions and stressed the importance of being on the right side of these long-term forces. Sinha added that investors should remain mindful of…

DeepSeek has told prospective investors in its second fundraising round that it’s suspending the deal for now, people familiar with the matter said, days after comments widely attributed to founder Liang Wenfeng about US-Chinese AI competition went viral. The Chinese AI pioneer verbally informed some of its would-be backers that they wouldn’t be signing investment…

Dalal Street heads into the new trading week on a cautious note after the BSE Sensex tumbled 2,092 points over five consecutive sessions, marking its steepest weekly decline in months. The selloff dragged the Nifty 50 to 23,767, its lowest closing level since June 12, as rising crude oil prices, disappointing earnings from heavyweight lenders…

US President Donald Trump’s proposal to impose tariffs of up to 200% on imported generic medicines has sparked concerns across the global pharmaceutical industry, with India emerging as one of the countries most exposed to the move. The proposed policy provides a transition period until August 2028, after which imported generic drugs would face a…

Prime Minister Narendra Modi on Friday shared a fresh Instagram video thanking youth for what he described as their “insightful suggestions” following his viral post on the government’s proposed crackdown on examination fraud and paper leaks. The message comes a day after the Prime Minister announced that the Union Cabinet would consider tougher measures to…

Qualcomm Inc., the biggest maker of smartphone processors, plans to increase prices by a percentage in the double digits, a move that’s likely to ripple through much of the tech industry. The San Diego-based company sent a letter to customers Friday informing them of price hikes, according to a copy of the document seen by…

The race to dominate artificial intelligence has taken a new turn. Just days after Chinese startup Moonshot AI shook the industry with the launch of its open-weight Kimi K3 model, some of the biggest names in US technology have publicly united behind a similar vision for AI. A group led by Nvidia, Microsoft, Meta, and…

Jindal Steel Ltd.’s net profit for the first quarter of fiscal year 2027 declined 19.1% sequentially, according to an exchange filing on Friday. The steel major posted a consolidated bottom-line of Rs 845 crore, as against Rs 1,045 crore in the preceding quarter. Revenue slipped 4.5% to Rs 15,482 crore from Rs 16,218 crore in the…

Bank of India’s net profit for the first quarter of fiscal year 2027 rose 36.2% year-on-year, according to an exchange filing on Friday. The Bank posted a bottom-line of Rs 3,068 crore, compared to Rs 2,252 crore in the year-ago period. The increase in profit came even as provisions rose to Rs 964 crore from Rs 1,096…