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Foxconn shares surge 9.5% after Q4 profit beats market estimates Hon Hai Precision Industry Company (Foxconn) on March 14 reported a bigger-than-expected 33 percent increase in Q4 net profit and said it was also looking for a significant rise in revenue this year.

Electoral bonds data: Who is behind Megha Engineering? Telangana firm that donated over ₹960 cr to political parties Electoral bonds data: Megha Engineering and Infrastructures Limited (MEIL) is a Telangana-based industrial conglomerate, established in 1989 as Megha Engineering Enterprises by...

Adobe drops on weak forecast fueled by AI competition fears Revenue will be $5.25 billion to $5.3 billion in the period, the company said Thursday in a statement. Analysts, on average, projected $5.31 billion, according to data compiled by Bloomberg.

Adani Group's $2.1 billion Navi Mumbai Airport to boost India's aviation ambitions Adani Group's $2.1 billion Navi Mumbai Airport to boost India's aviation ambitions

ED raids, multiple run-ins with the law: 10 points on Future Gaming as Electoral Bond data shows ₹1,368 crore donation The Election Commission of India disclosed details on electoral bonds, revealing Coimbatore-based Future Gaming as the top donor. 23 companies accounted for half the total...

Creador to acquire 19.6% in Hinduja Tech for $50 mn The infusion of capital will help the company expand research and development capabilities, enhance its global footprint and expand its state-of-the-art labs.

A M Naik, Madhusudan Kela invest in med-tech firm S3V Current devices cost well over ₹5 lakh, while S3V promises to manufacture and sell devices that cost around ₹75,000, making it affordable to a wider population. Its top clients include Apollo Group of Hospitals.

360 One-backed NeoLiv raises ₹300 crore as first close of maiden fund NeoLiv is exploring opportunities for plotted developments in tier II cities like Sonipat, Lucknow, Panipat, Jaipur, Alibaug, and Nashik, and considering villa and low-rise projects in Mumbai and Gurgaon

iPhone manufacturer Foxconn beats Street estimates in Q4; Net profit climbs 33% YoY on strong AI demand Apple supplier Foxconn said that its net profit for the October-December quarter rose to T$53.14 billion from T$40 billion in the same period the previous year.

Paytm NPCI Licence: Paytm gets third-party licence before March 15 deadline Paytm NPCI Licence: The National Payments Corp of India (NPCI) granted third-party application licence to Paytm, also known as One97 Communications a day before deadline of March 15 set for Paytm's banking unit, Paytm...

From eggs on demand to new dishes from leftovers: Google targets zero food waste by 2025 From offering smaller milk containers to cooking eggs on the spot instead of in advance, Google has found ways to put less food in the trash while trying to make sure employees don’t feel cheated out of one...

Capri Sports aims for WPL profitability in 6 years: Jinisha Sharma The owner of UP Warriorz seeks to capitalize on BCCI's backing and increasing interest in women's sports.

FanCode eyes more users on exclusive F1 deal FanCode will exclusively broadcast and promote Formula 1 in India, targeting to expand its 100 million user base.

Paytm’s bank is in a state of suspended animation. So, what’s next? Constant friction with RBI has resulted in disastrous consequences for India’s largest fintech company. The banking regulator has barred any addition of funds to Paytm Payments Bank accounts, wallets and Fastags. What can Paytm...

'Commoditizing fast-growing segments can hamper smartphone growth’ Samsung ended last year as the top brand by volume market share—with 18% of the market, as per a market report by Counterpoint Research on 31 January

Novartis set to launch chronic myeloid leukemia drug in India The drug is slated to be manufactured at Novartis' overseas manufacturing facilities and will be imported into India

Is the ice melting? Some startups defy funding slump with successive rounds Multiple growth and late stage companies have raised capital at higher valuations in quick succession over 6-8 months, signalling a shift in investor sentiment favoring startups with clear profitability paths and product...

Vedanta’s demerger plans may face hurdles from shareholders: Credit Sights report For Vedanta’s Hindustan Zinc Ltd it will be a challenge to proceed with the proposed demerger as the company will be ‘unsuccessful’ in getting the required 75 per cent shareholders’ approval, says the report

Biocon Biologics signs 10-year supply deal with Eris Life for ₹1,242 crore Biocon Biologics Ltd, a subsidiary of Biocon Ltd on Thursday announced a long-term commercial collaboration with Eris Lifesciences to expand patient access to its portfolio of Metabolics, Oncology, and Critical Care...

Qualcomm open to buying made-in-India chips, says CEO Cristiano Amon added that the company was partnering with many Indian companies – spanning the telecom, automobile, industrial electronics and semiconductor industries – to research evolving technologies.