Business
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businessLogan Paul and Austin Theory successfully defended their World Tag Team Championships at WWE Saturday Night's Main Event. The event, featuring performances by Becky Lynch and Rhea Ripley, set the stage for the upcoming Clash in Italy.
businessIndia has issued a travel advisory against visiting Congo and Uganda due to the Ebola outbreak. The advisory follows a WHO emergency alert and aims to prevent the virus's spread.
businessGoldman Sachs and Societe Generale, along with other investors, acquired a Rs 960-crore stake in Paytm through a block deal. The shares were bought at an average price of Rs 1,120.65 each, highlighting strong international interest in India's fintech sector.
businessDonald Trump shared an AI-generated video mocking Stephen Colbert after his exit from 'The Late Show'. This move highlights their long-standing public feud and raises questions about the use of AI in media.
businessNTPC reported a 90% sequential rise in Q4FY26 PAT to Rs 10,615 crore and announced a Rs 3.50 per share final dividend. Revenues increased 8% sequentially to Rs 48,548 crore, while full-year PAT rose 15% to Rs 27,546 crore.
businessGokaldas Exports reported a 9% sequential increase in Q4 FY26 revenue, reaching Rs 1,087 crore, despite challenges from US tariffs. The company saw a 40% rise in EBITDA sequentially, though year-on-year figures showed a decline.
businessPakistan Prime Minister Shehbaz Sharif is on a four-day visit to China to strengthen economic ties and discuss strategic partnerships. The visit focuses on enhancing collaboration under the China-Pakistan Economic Corridor.
businessPetrol prices in Delhi have surged by 87 paise to Rs 99.51 per litre, marking the third increase in less than 10 days. Diesel prices have also risen by 91 paise per litre, driven by global oil market fluctuations and rupee depreciation.
businessDivi's Laboratories reported a 10% increase in Q4FY26 revenue, reaching Rs 2,831 crore, and a 29% sequential surge in PAT. The company announced a Rs 30 per share dividend for FY26, pending AGM approval.
businessA Rs 533-crore block deal involving JSW Steel has attracted major institutional buyers like Edelweiss, ICICI Prudential MF, and SBI MF. This transaction underscores strong investor confidence in the company's growth prospects.
businessNTPC Green Energy's Q4FY26 profit after tax fell 15% year-on-year to Rs 197 crore, despite a 47% increase in revenue. The decline was due to a 60% rise in expenses. The company saw a sequential PAT surge and revenue growth, but cost management remains a challenge.
businessSun Pharma reported a 26% increase in Q4 profit, reaching approximately Rs 1,700 crore, despite margin pressures. The company declared a dividend, reflecting strong financial performance and strategic market expansions.
businessTensions between the US and Iran have escalated over uranium enrichment, with no resolution in sight. The conflict has impacted global oil markets, raising concerns about economic stability.
businessInfo Edge reported a 16% revenue growth in Q4FY26, reaching Rs 869 crore. The company also announced a final dividend of Rs 3.60 per share. Standalone revenue grew by 17.2%, with significant progress in AI deployment across its businesses.
businessSun Pharma Industries reported a 19% sequential decline in Q4 FY26 profit after tax to Rs 2,714 crore, with a 6% drop in revenue. Despite this, the board approved a Rs 5 per share dividend. The company's innovative medicines sales rose 20%, driving strong annual performance.
businessEPFO has introduced a 24/7 support service via WhatsApp, allowing members to raise queries anytime. This initiative aims to enhance user experience by providing timely assistance and improving overall satisfaction.
businessThe SSC has announced the CGL 2026 examination schedule, offering 12,256 vacancies. This presents a significant opportunity for graduates seeking government positions. The application process is now open.
businessInvestors must purchase shares of TCS, Tata Consumer, LTM, and Siyaram Silk Mills by May 22 to qualify for upcoming dividends. The record dates for these companies are set for later in May, making this deadline crucial for shareholders.
businessInvestors are focusing on Maruti Suzuki, LIC, Eicher Motors, LG Electronics, NTPC Green, and Nykaa during Friday's trading session. These stocks are expected to be influenced by recent developments and market trends.
businessThe U.S. Department of Commerce is investing $2 billion in the quantum computing sector, with IBM receiving $1 billion to establish a new company, Anderon, for quantum chip manufacturing. This move highlights the growing importance of quantum technology and aims to strengthen U.S. supply chains.
businessAllcargo Logistics has swung to a profit in Q4 of FY26, closing the fiscal year with a 46% increase in its bottomline. The company reported annual volumes of 7.23 lakh TEUs, reflecting strong operational growth.
businessMajor Indian companies like Colgate-Palmolive, Eicher Motors, and Hindalco are set to announce their Q4 results today. These earnings reports are crucial for investors as they provide insights into the companies' performance and future outlook.
businessA recent EY report shows that 70% of Indian customers feel financially understood by their banks. The report emphasizes the importance of customer experience in maintaining bank relevance in a competitive market.
businessEast Bengal secured their first ISL title in over two decades after a dramatic final day comeback. Mohun Bagan fell short, while Mumbai City finished second.