Despite growth in Amazon Web Service being the fastest in over three years, it still lagged its much larger peer-service providers, Google and Microsoft, whose respective cloud businesses grew by 34% and 40% during the quarter.
For the first quarter of the new fiscal, which runs till December, Apple’s revenue is projected to grow between 10% and 12%, CFO Kevan Parekh said. Analysts were projecting a figure of 6% on average.
SEBI bars Gretex Corporate Services from new merchant banking assignments for 21 days over regulatory lapses and due diligence failures in IPO management.
Earnings action continued with ITC, Dabur, and Gillette posting steady profit growth, while Nippon Life AMC reported a marginal dip despite record operating profit. Swiggy’s losses widened even as revenue surged, and Manappuram Finance saw profits slump sharply. Meanwhile, Welspun…
The $25 billion offering, spread across multiple maturities of up to 40 years, drew record investor demand of $125 billion — the highest ever for a US corporate bond sale. The move highlights Meta’s aggressive financing strategy to expand its…
Apple’s market momentum reflects renewed investor confidence in its flagship iPhone lineup, with early data showing stronger-than-expected sales of the iPhone 17 series in key markets. The company’s upcoming earnings report will test whether the optimism around higher prices, device…
“With significant launches planned in the second half of this fiscal, we are on track to deliver our full-year pre-sales guidance of ₹21,000 crore,” Lodha said.
The company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 11.7% to ₹140.8 crore compared to ₹126.1 crore a year earlier. Shares of Indegene Ltd ended at ₹551.05, up by ₹4.50, or 0.82%, on the BSE.
Lenskart Solutions’ anchor book has drawn bids worth ₹68,000 crore — nearly 10 times the issue size — with strong participation from top FIIs and domestic investors ahead of its IPO opening on Friday, sources tell CNBC-TV18.
Gravita India Ltd posts 33% YoY profit growth in Q2 FY26, driven by lead segment and operational efficiency. Revenue and margins also rise. Shares of Gravita India ended higher on Thursday, October 30, by 2.11% at ₹1,677.80 on the NSE.