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The ship, the Ursa Major, went down on December 23, 2024, roughly 60 miles off Spain’s coast after what investigators described as multiple blasts near its engine room.
Berger Paints reported a strong 27% rise in quarterly profit driven by higher volumes, improved product mix, and robust gross margins. Revenue and EBITDA also grew, though the company flagged risks from crude volatility, currency depreciation, and geopolitical disruptions impacting costs and inflation.
Kalpataru delivered its strongest operational performance with record pre-sales, collections, and profit growth driven by strong demand across Mumbai projects. Improved sale realisations, robust project completions, and debt reduction strengthened the developer’s financial position despite accounting-related revenue recognition timing differences.
TENxYOU, co-founded by Sachin Tendulkar, focuses on stability shoes for casual athletes, emphasizing comfort and safety over elite performance. The brand’s strategy includes launching products that commemorate significant cricket moments while catering to the specific needs of the Indian consumer.
India confirms reports of China's support to Pakistan during Operation Sindoor, a response to the Pahalgam terror attacks. Ministry spokesperson Jaiswal emphasizes the need for responsible nations to consider the implications of aiding terrorist infrastructure.
Dixon Technologies reported a sharp decline in quarterly profit due to weak consumer demand, rising component costs, and the end of PLI benefits. Despite margin pressure, the company expects strong FY27 growth driven by smartphone manufacturing, telecom equipment, exports, and IT hardware expansion.
Nexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key consumption categories. The retail REIT expanded its portfolio through acquisitions and development deals while maintaining healthy payouts and guiding continued distribution growth for FY27.
In a major setback for the operators involved in the Baltimore bridge collapse more than two years ago, the US Department of Justice (DOJ) on Tuesday announced 18 charges against them.
SEBI said the proposal does not mark a policy shift away from physical settlement, with cash settlement intended only as an interim measure.The thresholds would be based on average daily traded volume and/or open interest, or a two-year cap from launch.
MTAR Technologies reported a sharp rise in March-quarter earnings as strong revenue growth and improved operating efficiency boosted profitability. The precision engineering company benefited from higher product sales and expanding opportunities across clean energy, aerospace, defence, and strategic manufacturing sectors.
The S&P 500 and the Nasdaq opened lower on Tuesday, as investors weighed a hotter-than-expected inflation report and fading hopes for a swift resolution to the Middle East conflict.
Patel is expected to face pointed questioning over allegations including misuse of FBI resources for travel and claims raised in a media report that he has experienced “bouts of excessive drinking,” erratic behaviour, and frequent absences.
Four cheetah cubs were found dead in Kuno National Park, Madhya Pradesh, with signs of predation. The mother cheetah is safe. Currently, India has 53 cheetahs, including 50 in Kuno National Park. Further investigation is underway.
Jamvanti Singh defended her son Raj, a suspect in the murder of CM Adhikari's aide Chandranath Rath, claiming he attended a wedding in Lucknow on May 7-8. She stated that CCTV footage could prove his innocence after he was arrested by police investigating the case.
Inflation in the United States surged to 3.8 per cent in April, marking the highest level in roughly three years, as the Iran war causes a ripple effect across the US economy, data released on Tuesday showed.
