Mumbai: India’s largest jewellery retailer, The Titan Company, has reported a net profit of Rs.1,091 crore in Q1FY26, a 52% rise from Rs.715 crore from the same period last year. Correspondingly, the company’s revenues also rose from Rs.13,266 crore last year to Rs.16,523 crore this time. We’re kicking off FY26 with strong Q1 results. Read more about our initiatives, division-wise updates and more on our website. #LifeAtTitan #QuarterlyResults #Investors pic.twitter.com/zgmIVzQBJO — Titan Company Limited (@TitanCompanyLtd) August 7, 2025 These reports have pleased analysts, who were expecting a net profit growth of about Rs.893 crore, an 18% rise from their predictions.…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
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After soaring past $120,000, noted anonymous crypto analyst PlanB expects Bitcoin to hit $300,000 by 2026, based on the current bull market and historial trends. According to him, many people still underestimate Bitcoin’s rise, even though its total market cap of $2.41 trillion is just below Nvidia, Microsoft and Apple, in that order. Even though almost 60% of crypto traders don’t think so, Plan B expects the most valuable digital asset to be worth upto $500,000 at the highest point in the next one and a half years. This recent bull market isn’t the same as earlier ones, as most…
New Delhi: State-owned heavy industries manufacturing giant Bharat Heavy Electricals Limited (BHEL) has reported a net loss of Rs.455 crore in Q1FY26, a 116% increase from Rs.210 crore net loss in the corresponding quarter last year. The company’s revenues have remained flat at Rs.5,487 crore in the quarter, a tad higher than the Rs. 5,485 crore reported last year. The company’s expenses have risen to Rs.6,280 crore, 7% higher than Rs.5,874 crore a year ago. The company has attributed the losses to hampered construction activity due to early monsoons, even as the company commissioned various projects and capacity additions in…
Bengaluru: German technology major SAP inaugurated its second campus in Bengaluru- the 41-acre SAP Labs India Innovation Park- at Devanahalli, close to the International Airport, on Tuesday. The campus was inaugurated by Karnataka CM Siddaramaiah with State IT Minister Priyank Kharge, German Ambassador to India Phillip Ackermann, Sindhu Gangadharan, MD of SAP Labs India and other dignitaries present. This is SAP’s second campus in Bengaluru after its 22-acre Whitefield campus. Currently, more than 3,200 employees have already moved to the new campus, and 4,500 will be accommodated in the next few months. The entire development is aimed to be completed…
India’s IT industry has been widely celebrated to be the country’s biggest export success story after the economy opened up in 1991. India had a first mover advantage, a large, ambitious, abundant, skilled and adaptable talent pool that has routinely proved itself over the years. Indian IT companies have, over the years, won the trust of leading Western companies and governments, who increasingly depend on cheap labour for supplementing their daily operations. Ever since the internet has become indispensable for everyday tasks, Indian coders have proved their worth as a dominant player in the global outsourcing market. Indian IT companies’…
In 2025, when job security is an all-time low, and inflation is at an all-time high, the gig economy has become a lifeline for millions looking to eke out a living. As per a report by the NITI Aayog, the gig economy provides employment to about 77 lakh people in 2021. These are primarily those who deliver your takeout dinner, groceries or household maintenance services at your doorstep. Many of them have no option but to accept these jobs, as nothing else is available, and they pay a consistent income needed to sustain their family. The rapid adoption of these…
New Delhi: Investors are already looking forward to JSW Cement’s IPO, that’s set to open tomorrow, August 7. The Rs.3,600 crore public issue aims to raise funds for the company’s upcoming integrated cement plant in Nagaur, Rajasthan along with paying off a part of its Rs.2,700 crore net debt. The company currently has an annual capacity of 21 MTPA, a fairly insignificant player in the industry dominated by UltraTech and Adani Cement, collectively have a capacity of 284 MTPA or a 48% market share. Even after its Nagaur plant is operationalised, the company doesn’t have much of a say in…
New Delhi: After watching cryptocurrencies’ valuations rise dramatically from the sidelines, Finance Minister Nirmala Sitharaman was forced to acknowledge its role as a trading asset, but not as a currency, as it is not a fiat currency approved globally. In her 2022 budget speech, she imposed a 30% flat tax on cryptocurrencies, classifying them as virtual digital assets (VDAs) for the 2022-23 financial year. Since then, the government has now got a new source of income, with Rs.706 crore collected in taxes cumulatively since then. Taxed under Section 115BBH of the Income Tax Act,1961, the income tax department’s tax sleuths…
AI is not only threatening your job, it’s threatening the very existence of many companies. Legacy brands that were everywhere now face an existential threat. Brands, and the people who depend on them, are being forced to implement AI, or risk being history Google Search Perplexity and ChatGPT’s to-the-point results offer greater value than irrelevant sponsored links in Google SERPs. Though AI Overviews highlight the most relevant ones, Google’s dominance is under threat. Although Google claims it hasn’t seen a drop in search volume, it has added search overviews to wean away people who’d just want a summary or the…
New Delhi: Kaynes Circuits India, a subsidiary of Mysuru-based Kaynes Technology, has signed a non-binding Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a proposed Rs.4.995 crore investment in advanced circuit manufacturing facilities in the state. According to sources close to the development, the investment would help generate 4,700 jobs in Thootukodi and the surrounding areas. This would be Tamil Nadu’s first major investment in Printed Circuit Boards (PCB) manufacturing, after housing major electronics assembling hubs in Sriperumbudur and Hosur. Located close to VinFast’s EV manufacturing facility, this investment is expected to boost electronics manufacturing in the…
