Microsoft Q4 revenue rises 18 pc to $90 billion, Azure annual revenue tops $100 billion
New Delhi, July 30 (IANS) US-based technology giant Microsoft has posted a strong set of fourth-quarter and full-year results for fiscal 2026 driven by robust demand for its cloud and artificial intelligence (AI) offerings, with Azure annual revenue…
Markets open subdued as IT, pharma stocks offset banking weakness
Mumbai, July 30 (IANS) Domestic equity benchmarks opened on a subdued note on Thursday amid mixed global cues, as gains in information technology and pharma stocks were offset by weakness in banking and realty shares. Sensex opened at 77,638.86, down…
LG Energy swings to Q2 loss on EV market slowdown
Seoul, July 30 (IANS) LG Energy Solution Ltd (LGES), South Korea’s leading battery maker, said on Thursday it swung to a net loss in the second quarter from a year earlier amid a prolonged slowdown in the electric vehicle (EV) market. In the three…
Wireless carrier KT fined $37.4 million over data leak via illegal base stations
Seoul, July 30 (IANS) South Korea’s privacy watchdog said on Thursday it has fined wireless carrier KT Corp. 53.9 billion won ($37.4 million) over a major data breach that affected more than 16,000 users. The Personal Information Protection…
Samsung Electronics’ Q2 net profit soars nearly 1,300 pc on AI chip demand
Seoul, July 30 (IANS) Samsung Electronics said on Thursday its second-quarter net profit jumped nearly 1,300 per cent from a year earlier, as strong demand for semiconductors related to artificial intelligence (AI) offset weaker earnings in its mobile…
M D Motors and M D Autotrans Pvt. Ltd. Lead India’s Automotive Transformation Under the Visionary Leadership of Kailash Bhati.
New Delhi [India], July 29: In the Indian market, Kailash Bhati, the entrepreneur with M D Motors and M D Autotrans Pvt. Ltd. is taking the helm from being industry leaders with a mere thoughtful gesture of modernization in the transport industry and the…
MOIL reports 70 per cent jump in net profit in Q1 FY 2026-27
New Delhi, July 29 (IANS) Public sector manganese ore major MOIL on Wednesday reported a 70 per cent increase in net profit to Rs 87.62 crore for the first quarter of the current financial year compared to the corresponding figure of Rs 51.51 crore for…
India’s 5G user base to double to 100 crore by 2030; Scindia says country will lead global 6G race
New Delhi, July 29 (IANS) India is on track to connect up to 100 crore people to 5G technology by 2030, Union Communications Minister Jyotiraditya Scindia said on Tuesday, highlighting the country’s rapid digital transformation and its ambitions to…
Use of broken rice for ethanol production is not impacting inflation: Govt
New Delhi, July 29 (IANS) The diversion of surplus broken rice to produce ethanol is not impacting food inflation, as ethanol production is allowed only after maintaining adequate buffer stocks and meeting the requirements under the National Food…
India’s merchandise exports rise 15 pc despite Red Sea crisis, global turmoil: Piyush Goyal
New Delhi, July 29 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday said India’s merchandise exports have remained resilient despite mounting geopolitical tensions and disruptions to global trade routes, registering a 15 per cent…