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PhysicsWallah Q2 net profit doubles to Rs 144 crore, revenue rises 18%
Posted in Startups

PhysicsWallah Q2 net profit doubles to Rs 144 crore, revenue rises 18%

Edtech company PhysicsWallah’s consolidated net profit more than doubled to Rs 143.63 crore in the September quarter from Rs 69.71 crore a year earlier, driven…

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Uber's profit forecast disappoints as driver shortages, Middle East conflict hurt
Posted in Startups

Uber’s profit forecast disappoints as driver shortages, Middle East conflict hurt

Uber forecast adjusted profit below Wall Street expectations on Wednesday, as driver shortages, higher fuel costs and the Middle East conflict weighed on ride-hailing growth…

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Tesla and SpaceX shares fall after Democrats win control of Congress in the US midterm elections. (REUTERS/Evan Vucci/File Photo/File Photo) (REUTERS)
Posted in Business

Musk feels brunt of Democrats’ midterm win as Tesla, SpaceX shares fall

Shares of Elon Musk’s Tesla Inc. and Space Exploration Technologies Corp. fell ahead of Wednesday’s US stock-market opening as Democrats swept to control of Congress,…

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Nykaa: Nykaa acquires celebrity makeup artist Namrata Soni's beauty brand Simply Nam
Posted in Startups

Nykaa: Nykaa acquires celebrity makeup artist Namrata Soni’s beauty brand Simply Nam

Beauty and fashion retailer Nykaa has acquired a majority stake in Mumbai-based beauty products brand Simply Nam, founded by celebrity makeup artist Namrata Soni, according…

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Posted in Economy

US midterm election results 2026: India sees some trade relief, new risks after US midterm vote

Indian officials were cautious on the US midterm election results, saying it eases some of the pressure over trade tensions but creates a new layer…

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Its fiscal deficit, broadly defined, will narrow this year by 1.4% of GDP, reckons Goldman Sachs, a bank.
Posted in Business

China’s AI stock-market struggles are a warning

IN THE GOOD old days China appealed to investors as the world’s greatest convergence story. Its living standards would catch up with those in the…

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Posted in Economy

India-EU FTA to simplify and reinforce corporate cooperation, says Swedish Ambassador Petra Menander

New Delhi: The proposed India-European Union Free Trade Agreement (FTA) will simplify and reinforce bilateral corporate collaboration, said Sweden’s Ambassador to India Petra Menander, pointing…

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ShareChat’s FY26 revenue jumps 40% to Rs 1,016 crore on microdrama push; net loss widens
Posted in Startups

ShareChat’s FY26 revenue jumps 40% to Rs 1,016 crore on microdrama push; net loss widens

Mohalla Tech, which operates ShareChat, Moj and QuickTV, reported a 40% year-on-year increase in operating revenue to Rs 1,016 crore in FY26, as its push…

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Posted in Economy

Trump’s midterm setback may put India under pressure for quick trade deal on US terms: GTRI

US President Donald Trump could step up pressure on India to conclude a bilateral trade agreement following the Republicans’ setback in the midterm elections, as…

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Posted in Economy

RBI sets up panel with banks, market players to review financial market issues

Mumbai: India’s central bank has formed a technical consultative committee to engage with market participants on policy and operational issues amid rapidly evolving financial markets…

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