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Business

Granules India Faces Profit Dip as Gagillapur Plant Closure Impacts Q3 Earnings

Granules India Ltd reports a 6% drop in Q3 PAT to Rs 117.6 crore due to the temporary closure of its Gagillapur facility following USFDA observations, impacting revenues and profit...

Business

Exploring the Capital Return Challenges Faced by Indian PE and VC Funds

An exclusive analysis reveals that only 25 private equity and venture capital funds in India returned 100% or more of the drawn-down capital to their investors from March 2014 to M...

Business

Meta Unveils Plans for a Massive 2GW+ Data Center to Power AI Ambitions Across Manhattan

Meta announces a groundbreaking 2GW+ data center in Manhattan to support its AI expansion, including the Llama 4 model and a new AI engineer, aiming to serve over 1 billion users w...

Business

Amul Reduces Milk Prices Nationwide: A Strategic Move to Boost Larger Pack Sales

Amul reduces prices for one-litre milk packs by Re 1 nationwide to encourage larger pack purchases. GCMMF reports an 8% turnover increase, aiming for double-digit growth. Represent...

Business

Top 6 Income Tax Expectations for Budget 2025: From Higher Exemption Limits to Electric Vehicle Benefits

As the Union Budget 2025 approaches, common man's top six income tax expectations include higher tax exemption limits, increased rebates, and benefits for electric vehicles, aiming...

Business

American Express Reports a 9% Surge in Q4 Revenue, Reaching $17.2 Billion

American Express announced a 9% increase in Q4 revenue to $17.2 billion, with net income rising by 12% and EPS by 16%. The company projects an 8% to 10% revenue growth for fiscal 2...

Business

Verizon Surpasses Expectations with a 1.6% Revenue Increase to $35.7 Billion in Q4

Verizon Communications reports a 1.6% increase in Q4 revenue to $35.7 billion, driven by strong wireless service performance. The company also saw a significant rise in net income ...

Business

IndiGo's Q3 FY25 Financial Performance: A 18% Net Profit Drop Amidst Rupee Weakness

IndiGo reports an 18% decline in Q3 net profit to Rs 2,448.8 crore due to rupee weakness, despite a 14.6% increase in total income and lower fuel prices. The airline carried a reco...