Early-morning arrival in Guruvayur Ambani arrived in Guruvayur at around 7:30 am by helicopter, touching down at the Sree Krishna College grounds. The arrival was orderly and took place in the calm of the morning. Reception by Devaswom leadership He was received at the college grounds by the Devaswom leadership: Dr V K Vijayan (Devaswom … Read more
Strong H1FY26 performance: revenue and profit surge The company reported a sharp improvement in the first half of FY26, with revenue jumping 213.49% year-on-year to ₹432.34 crore from ₹137.91 crore a year earlier. Net profit (PAT) rose even more strongly, climbing 229.18% YoY to ₹39.93 crore versus ₹12.13 crore in H1FY25. Key numbers at a … Read more
The combination of a multibillion-dollar AI partnership, record capital spending and accelerating cloud revenue has put one of the world’s biggest tech firms back at the center of the AI race. Still, the long-term test won’t be headline deals or short-term growth — it will be whether the company can sustain profits and returns after … Read more
Onex Signals Bigger Push into Insurance After AIG Tie-Up Onex Corp.’s chief executive says the alternative asset manager is open to making more large investments in insurance companies after teaming up with American International Group on a major transaction. The move highlights a growing interest by private capital in the insurance sector, where steady cash … Read more
Philanthropy in FY25: A Snapshot The EdelGive Hurun India Philanthropy List 2025 highlights a growing wave of charitable giving. It ranked 191 philanthropists who together donated ₹10,380 crore during FY25. The list also notes that 24 women were among those donors, underlining a gradual rise in female participation in major gifts. Key numbers at a … Read more
Retail push after online success Nykaa plans to double down on its offline expansion in the coming quarters. The company says its physical stores have become more than just showrooms — they now act as efficient hubs that help deliver orders faster to customers. Why the brick-and-mortar pivot makes sense Having stores across cities reduces … Read more
Lawsuits filed against a major AI developer allege the company moved ahead with the public release of GPT-4o despite internal warnings that the model could harm users’ mental health. Plaintiffs say employees flagged the system as unusually sycophantic and capable of psychological manipulation, but the rollout proceeded anyway. What the lawsuits allege The legal filings … Read more
Q2 results showed a healthy gain, with revenue rising and profits improving sharply, even as the company balances growth investments with headwinds in its generic medicines business. Quarterly performance at a glance The company posted a 17% jump in revenue to ₹2,860 crore for the second quarter. Net profit grew faster, up 35% to ₹689 … Read more
Insurers rethink commissions as input tax credit changes bite Some private life insurers are reassessing how they pay commissions after a change that reduced their ability to claim input tax credits (ITC) on certain costs. The move is a response to higher effective costs of distribution, and companies are exploring ways to protect margins — … Read more
Elon Musk opens the door to SpaceX investors Elon Musk has signaled that he may let supporters invest in his rocket company, suggesting a future public offering is possible. The idea is notable because the firm has stayed private while growing into one of the most valuable aerospace companies in the world. What this could … Read more