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MYSTERIOUS: 15 - You Need To See This

Quote of the day by JRD Tata: "Never do less well than you can do... whatever the..." Life lessons on excellence and success from the visionary who led Tata Group's global rise

Quote of the Day by JRD Tata: Success rarely comes from doing the bare minimum, and JRD Tata's timeless words capture that philosophy perfectly. His quote, "Never do less well than you can do. Whatever the task, do it with all your might. Whatever the cost, whatever the sacrifice, whatever…

The Economic Times · Jul 29

Vedanta Power Q1 Results: Company logs quarterly loss of Rs 449 crore

Vedanta Power has posted a standalone loss of Rs 449 crore for the June quarter, albeit with total income rising to Rs 1,844 crore in the first fiscal quarter. Power sales saw a significant boost of 38 percent year-on-year, attributed to improved generation from essential assets. The company envisions expanding…

The Economic Times · Jul 29

Dabur Q1 Results: Profit rises 15% to Rs 591 crore; revenue up 11%

Dabur India reported a 15% rise in Q1 consolidated net profit to Rs 591 crore, driven by price hikes, cost efficiencies and broad-based FMCG growth. Revenue rose 11%, rural demand outpaced urban markets, while international business and premium brands delivered strong momentum.

The Economic Times · Jul 29

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Jim Cramer Slams 'SK Hijinx' as SKHY's Record Earnings Meet Brutal Stock Crash: 'We Will Rue the Day We Let This Monster Into Our Markets...'

CNBC host Jim Cramer has sounded the alarm on SK Hynix Inc. (NASDAQ:SKHY), labeling the South Korean memory giant a "Monster" that is destabilizing global markets as retail margin calls and leveraged gambling overshadow strong chip fundamentals during July’s severe semiconductor rout.

Benzinga · Jul 29

Kospi crashes 12% after SK Hynix earnings; best performing Asian market of 2026 plunges 43% in a month. What’s ahead?

South Korea's Kospi index crashed over 11% on Wednesday, extending its drop to 43% from its June peak into technical bear market territory. The sharp plunge, triggered by earnings from chipmaker SK Hynix that missed lofty AI-fueled market estimates, prompted government reviews into market stabilisation measures.

The Economic Times · Jul 29

India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates

India's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in electricity provision. The mining sector enjoyed modest advancements, while water supply experienced more gradual improvements. Additionally, the revision of the IIP methodology to include Output PPI as…

The Economic Times · Jul 28

Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firms

European stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consumer goods and luxury sectors provided a buffer against wider market declines. Lower oil prices lent further support, keeping investor confidence steady. Attention now turns to anticipated announcements from the U.S.…

The Economic Times · Jul 28

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Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats up

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who resigned on July 28 for other opportunities. Sinha previously led fashion e-commerce platform Myntra since 2022. This leadership change occurs as the quick commerce sector faces intense competition. Rivals…

The Economic Times · Jul 28

Xtranet Technologies IPO allotment likely today; GMP signals modest listing gains. Here's how to check status

Xtranet Technologies is set to finalise its IPO allotment today, with the stock scheduled to list on July 30. The Rs 166.80 crore issue was subscribed 12.24 times, led by strong demand from NIIs. The grey market premium stands at Rs 8, indicating a potential 6% listing gain over the…

The Economic Times · Jul 28

Bharat Electronics shares fall over 3% after Q1 results. Here's what Nomura, Motilal Oswal and other brokerages say

Bharat Electronics (BEL) shares fell 3.5% after the defence PSU reported mixed Q1FY27 results, with profit rising 9% year-on-year but declining sharply on a sequential basis. Despite the earnings miss, brokerages remained constructive. Motilal Oswal, Elara Capital and Dolat Capital reiterated positive ratings, while Nomura maintained a Neutral stance, citing…

The Economic Times · Jul 28

Indo-MIM IPO allotment likely today; GMP signals 39% listing gain. Here’s how to check status

The basis of allotment for the Indo-MIM IPO is expected to be finalized today, with the stock set to list on July 30. Following a strong subscription of 72.34 times, the grey market premium stands at 39%, reflecting significant investor interest ahead of the company's stock market debut.

The Economic Times · Jul 28

Titan says Noel Tata to retire as vice-chairman in November 2026

Noel N. Tata will retire as Titan vice-chairman in November 2026. He is stepping down in accordance with the Tata Group's retirement policy. Chairman S. Vijayakumar acknowledged Tata's outstanding contributions and visionary leadership. Tata has served the company for over twenty-three years. He expressed confidence in Titan's future growth and…

The Economic Times · Jul 27

BEL Q1 Results: Net profit rises 9% YoY to Rs 1,054 crore; revenue jumps 25%

Bharat Electronics reported a net profit of Rs 1,054.53 crore for the first quarter. This marks a nearly 9% year-on-year rise from the previous year's earnings. Revenue from operations grew around 25% year-on-year during the April-June quarter. Sequentially, however, the company's net profit dropped nearly 52% from the prior quarter.…

The Economic Times · Jul 27

Zen Technologies shares fall 6% after Q1FY27 profit drops 28%, revenue declines 10% YoY

Zen Technologies shares fell significantly after reporting lower first-quarter profits and revenue. The company experienced a revenue decline of over 10% year-on-year. Management highlighted a robust order pipeline and improved execution visibility for upcoming quarters. Zen Technologies closed the quarter with a substantial order book of over Rs 1,000 crore.…

The Economic Times · Jul 27

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The Economic Times · Jul 27

Tata Consumer shares jump 3% after Q1 results. Here’s why Nomura, Motilal see strong upside potential

Tata Consumer Products shares rose 3% after the FMCG major reported a 27.8% YoY jump in Q1 FY27 net profit to Rs 427 crore, while revenue increased 11.9% to Rs 5,349 crore. Brokerages remain bullish, with Nomura reiterating a Buy rating and raising its target price to Rs 1,475, citing…

The Economic Times · Jul 27

Indo-MIM IPO Day 3: GMP signals 39% listing gain, issue subscribed over 3x. What are brokerages saying?

Indo-MIM IPO GMP: Indo-MIM's Rs 3,811 crore IPO is in its final bidding day with robust demand. The IPO has been subscribed 3.07 times by the close of day two. Retail investors showed 1.89 times subscription, while NIIs emerged strongest at 8.44 times. The company plans to use Rs 400…

The Economic Times · Jul 25

Ashish Kacholia purchased another 1.30 lakh shares in recently listed stock that’s up 206% YTD

Ace investor Ashish Kacholia has increased his stake in Indo SMC, a maker of electrical infrastructure equipment. Indo SMC reported a significant 136% year-on-year revenue increase in its Q1 business update. The company is well-positioned to benefit from infrastructure investments and is expanding its product offerings. Indo SMC recently secured…

The Times of India · Jul 24

SK Group chairman Chey Tae-won ordered to pay ex-wife Roh Soh-yeong $644 million in divorce settlement, court upholds claim over marital assets

A South Korean appeals court on Friday ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won (about $644 million) in cash as part of their long-running divorce property settlement, while reaffirming that Chey's SK shares formed part of the couple's marital assets.

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The Economic Times · Jul 24

India's premium coffee boom: How the brew is becoming a lifestyle, not just a beverage

Premium coffee is becoming a lifestyle symbol across India. Consumer expectations are shifting towards quality and personalized experiences. Tier-2 and Tier-3 cities are now driving significant industry growth. Technology is transforming coffee businesses for better efficiency and consistency. This evolving market presents both opportunities and challenges for businesses.

The Economic Times · Jul 24

Tata Consumer Q1 Results: Net profit rises 28% YoY to Rs 427 crore, revenue up 12%

FMCG major Tata Consumer Products on Friday reported a consolidated net profit of Rs 427 crore for the April-June quarter of FY27, marking a nearly 28% year-on-year (YoY) rise from the Rs 334 crore net profit reported in the same period last year.

The Independent UK · Jul 24

Billionaire businessman ordered to pay ex-wife £480 million in ‘divorce of the century’

SK Group Chairman Chey Tae-won filed for divorce after revealing he was in a relationship with another woman and had a child with her

The Economic Times · Jul 24

South Korea's 'Divorce of the Century': Why SK Group chairman's divorce bill fell from $940 million to $644 million

A South Korean court ordered an AI chip-manufacturing tycoon on Friday to make a trimmed-down $644 million divorce payment to his former wife. The Supreme Court had already separately ordered Chey to make an alimony payment to Roh of 2 billion won. cdl-sjh/jts/djw

The Economic Times · Jul 24

Indo-MIM IPO: Issue booked 1.4x on Day 2; Check GMP, dates, other key details

Indo-MIM's Rs 3,811-crore IPO was subscribed 1.40 times on day two, driven by NIIs at 3.85 times, with retail fully covered and QIBs yet to bid meaningfully. The MIM component maker is priced at Rs 461-485; the issue closes July 27 and lists July 30.

The Economic Times · Jul 23

Tanla Platforms shares jump nearly 14% post Q1 earnings, revenue surges 17.8% YoY

Tanla Platforms shares surged nearly 14% after Q1 FY27 revenue rose 17.8% year-on-year to Rs 1,226 crore. Strong gross profit, EBITDA and EPS growth reflected improving profitability, while higher spending by existing enterprise customers supported revenue momentum.

The Economic Times · Jul 23

Global Market: South Korea's Q2 GDP beats estimates on chip exports; semiconductor stocks in focus

South Korea's GDP expanded 0.6% in the second quarter. Robust semiconductor exports offset weakness in construction investment, reinforcing optimism for the technology sector. The Bank of Korea expects annual growth around three percent this year. Further interest rate hikes are anticipated due to elevated inflation and growth. This data supports…

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