High-performance computing server maker Netweb Technologies reported a more than twofold increase in net profit to Rs 85.32 crore for the first quarter ended June 30, 2026. This significant growth was primarily driven by its AI Systems segment, which contributed over 62% of the revenue. The company also saw its revenue from operations more than double to Rs 819.6 crore, reflecting strong demand and disciplined execution, with a robust order book of Rs 2,507 crore.
Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.
Formula One boss Stefano Domenicali heaped praise on teenager Kimi Antonelli on Wednesday as the sport gave itself a glowing half-term report, with sold-out races and booming viewing figures in key markets.
More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.
Following the Supreme Court's clean chit in the coal block allocation case, Congress leader Sonia Gandhi has lauded former Prime Minister Manmohan Singh's integrity and accountability, drawing a sharp contrast with the Narendra Modi government's operational style and alleged misuse of investigative agencies.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
Tata Electronics has surpassed Taiwanese giant Foxconn in assembling iPhones for export from India during the FY22-FY26 PLI scheme period, with exports valued at $26.3 billion compared to Foxconn's $25.6 billion.
'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'
'Hiring within IT services firms is going to be very specialised.'
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
'The anger among the PoK public is unlikely to subside against Pakistani State in the near future.'
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
Danish brewing giant Carlsberg has confidentially filed draft papers with India's markets regulator Sebi for an initial public offering (IPO) of its Indian business, joining a growing list of multinational companies looking to tap India's equity markets.
...does not feel quite epic yet.
Two-time Olympic medallist PV Sindhu secured her maiden Super 750 title at the Japan Open, defeating local favourite Akane Yamaguchi in straight games.
Norway's star striker Erling Haaland celebrated his team's FIFA World Cup Round of 16 qualification with viral cowboy and Viking-themed social media posts after scoring a dramatic late winner against Ivory Coast. He also marked becoming the fastest player to score 60 goals for his national team.
The fast-growing GLP-1 market, propelled by lower-cost generics following patent expiry, is widening availability beyond patients with obesity and diabetes -- but also driving unsupervised, appearance-led demand, according to doctors.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Zoho Corporation Founder Sridhar Vembu has echoed IBM CEO Arvind Krishna's concerns about a potential "bubble" in the multi-trillion dollar AI data centre build-out. Vembu stated that Zoho will adopt a measured approach, investing in AI capabilities like data curation and compiler infrastructure, but will not chase the current investment spree, contrasting with other global tech giants' massive spending.
Defending champion Jannik Sinner ended Novak Djokovic's latest bid to claim a record 25th Grand Slam title in ruthless fashion with a 6-4, 6-4, 6-4 win to reach the Wimbledon final on Friday.
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
India's electric vehicle market is experiencing an unprecedented boom with a 37 per cent increase in new entrants, driven by supportive policies and infrastructure.
Rajneesh Gupta presents all the interesting numbers from Day 4 of the India-England Test at Trent Bridge.
Bajaj Auto, the sole player in India's CNG-powered motorcycle segment, has seen a dramatic drop in registrations for its Freedom 125 CNG bike, from a peak of 12,167 in November 2024 to just 1,211 in May this year, primarily due to reduced price arbitrage between petrol and CNG and growing availability challenges.
The match ball from Argentina's 1986 World Cup quarterfinal against England - made famous by Diego Maradona's "Hand of God" goal - is set to go up for auction with a $2.5-million opening bid, Heritage Auctions said.
Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
The domestic initial public offering (IPO) market is experiencing a significant surge, fuelled by the financialisation of savings, digital ease of investing, and expanding participation from both retail and institutional investors, investment bankers said on Wednesday.
Ahead of Bosnia's World Cup Round of 32 match against the United States, a Bosnian restaurant in Northern California has become a gathering place for passionate fans. For many, the event is more than football-it's a celebration of their culture, resilience, and journey to a new home.
Matthew Hayden cautions young cricketers against blindly copying Vaibhav Sooryavanshi's fearless batting style, backs Shubman Gill's consistency, and raises concerns over the future of bilateral ODI cricket amid the franchise boom.
Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.
Sanju Samson heads into the second T20I against England with his place under the spotlight, as teenage sensation Vaibhav Sooryavanshi waits in the wings after another underwhelming outing from the India opener.
'After decades, there is movement on multiple fronts in artillery development. Now let us see how quickly we can get these guns into service'
Merlin, a domesticated duck dressed in a miniature Mexico shirt and custom socks, has become an unexpected unofficial mascot for Mexico's World Cup team. After going viral during street celebrations, Merlin's popularity soared, with fans embracing the feathered supporter and his owner, Karla Gomez, expressing delight at his newfound fame.
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
Dominic Xavier offers his take on pace spearhead Jasprit Bumrah missing the T20 World Cup because of a back stress fracture.
Curacao goalkeeper Eloy Room made 15 saves in the 0-0 draw with Ecuador -- the most in a 90-minute match in the World Cup history.
Four-time champion Iga Swiatek cantered into the second round of the French Open, dispatching Australian wildcard Emerson Jones 6-1, 6-2 in quick time under a beaming sun.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
