Colgate Palmolive India has reported a net profit decline of 11.8% year-on-year to ₹321 crore for the first quarter ended June 30, 2025, compared to ₹364 crore in the same quarter last year. The leading oral care company attributed the decline in profit to higher raw material costs and promotional spending even as revenue showed…
Paytm founder and CEO Vijay Shekhar Sharma has declared an end to the era of ‘adjusted EBITDA’ reporting at the fintech giant, signalling a new phase of transparent financial disclosures as the company navigates regulatory pressures and focuses on achieving full profitability. Speaking at Paytm’s recent internal townhall and investor interactions, Sharma said, “No more…
SoftBank’s ambitious attempt to collaborate with OpenAI on its massive Stargate AI supercluster project has reportedly hit a major roadblock, with Tesla and xAI CEO Elon Musk commenting that “They simply don’t have the money!” The development has raised questions about the viability of what was touted to be the world’s most powerful AI data…
India is poised to become the world’s third-largest economy by 2028 and is expected to reach a GDP size of $10.6 trillion by 2035, according to a new research note by Morgan Stanley economists. The report highlights India’s structural transformation driven by policy reforms, manufacturing growth, and a robust digital economy as key enablers of…
Tata Communications Chief Executive Officer AS Lakshminarayanan has highlighted that the company continues to face pricing pressure across key connectivity services amid an uncertain global macroeconomic environment, but added that its focus on emerging digital and AI Cloud solutions is yielding strong traction with enterprise customers globally. Speaking during the company’s Q1 FY26 earnings call,…
LTIMindtree’s recently appointed CEO and Managing Director Venu Lambu has expressed confidence in the company’s growth outlook, emphasising that the organisation is entering a phase of stronger revenue expansion along with improvement in operating profit margins over the coming quarters. Speaking to analysts and employees during the company’s quarterly strategy townhall, Lambu highlighted that LTIMindtree…
UltraTech Cement’s Executive Director and Chief Financial Officer Atul Daga has stated that “South could be the new North” for India’s cement sector, highlighting strong demand potential emerging from southern markets that could outpace growth in northern regions over the coming years. Speaking at an investor interaction, Daga said that the cement industry is witnessing…
In a defining moment for India’s artificial intelligence sector, Bengaluru-based startup CoRover has made history by launching its multilingual AI model, BharatGPT Mini, at VivaTech 2025 in Paris. This marks the first European commercial deployment of an Indian-developed conversational AI system, positioning CoRover as a global pioneer in sovereign, privacy-first AI solutions. 🌍 Strategic Leap:…
In a defining moment for India’s consumer tech landscape, Blinkit has overtaken Zomato’s food delivery business in net order value (NOV) for the first time in Q1 FY26. This milestone marks a strategic pivot for Eternal Ltd., the parent company of both platforms, and underscores the rapid evolution of quick commerce as a dominant force…
In a candid revelation that has stirred both Wall Street and Silicon Valley, JPMorgan Chase CEO Jamie Dimon recently shared that he was offered a top executive role at Amazon by founder Jeff Bezos in late 1999—a moment that could have dramatically altered the trajectory of two global giants. Speaking on the Acquired podcast, Dimon…
