Why Meesho’s Q2 may disappoint—and how AI fits into its growth plan
Meesho’s Q2 NMV growth softer due to Blockbuster sale shift to Q3. Company to boost new-user acquisition, invest in AI Blitz for productivity gains.
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US stock market today: Dow falls over 450 points as Brent crude tops $100; Alphabet, Tesla drag Nasdaq
US stock market today: Wall Street opened sharply lower as Brent crude climbed above $100 a barrel amid escalating West Asia tensions, while disappointing earnings from Alphabet and Tesla weighed on investor sentiment.
Motilal Oswal Q1 operating profit growth led by Asset Management; AUM surges 31%
Shares of Motilal Oswal Financial Services Ltd ended at ₹944.80, down by ₹0.55, or 0.058%, on the BSE.
Infosys ADR falls over 4% after Q1 earnings, FY27 growth guidance cut
The IT major’s US-listed shares fell sharply after the company trimmed the upper end of its FY27 constant currency revenue growth guidance and reported weaker-than-expected sequential growth. While margins held steady and large deal wins remained strong, investors appeared concerned…
Suryoday SFB Q1 net profit more than doubles to ₹75 crore; net NPA drops to 1.27%
Shares of Suryoday Small Finance Bank Ltd ended at ₹194.90, up by ₹13.80, or 7.62%, on the BSE.
SEBI plans to give portfolio managers more freedom to invest client money
The market regulator has proposed easing compliance norms for portfolio managers and expanding the range of assets they can invest in, including overseas securities and unlisted debt. The regulator said the changes are aimed at improving ease of doing business…
IndiGo’s Rahul Bhatia warns letting airport operators own airlines will create ‘massive conflict of interest’
IndiGo promoter Rahul Bhatia said allowing private airport operators to own airlines would create a conflict of interest and could hurt consumers over time. His comments come amid reports that the government may review the existing policy.
As AI reshapes IT jobs, Infosys bets on 20,000 fresh graduates
Infosys plans to recruit 20,000 college graduates in FY27, bucking concerns over an AI-led slowdown in hiring. The IT major also reiterated its acquisition strategy, appointed Ashiss Kumar Dash as CEO designate, and narrowed the upper end of its annual…
Cyient Q1 net profit doubles sequentially; EBIT margin improves to 9%
Shares of Cyient Ltd ended at ₹832.00, down by ₹10.90, or 1.29%, on the BSE.
Tanla Platforms shares jump 16% after Q1 profit rises 20% on strong enterprise messaging demand
Shares of Tanla Platforms surged as much as 16% after the cloud communications firm reported a strong June-quarter performance, with profit rising nearly 20% and revenue growing 18% year-on-year. Growth was driven by higher spending from existing enterprise customers, while…