Friday, October 17, 2025 ਪੰਜਾਬੀ हिंदी

Business

Experts hail 48MP Fusion cameras, next-gen modes on iPhone 17 series

Indian experts on Thursday shared some professional tips to capture diyas and candles beautifully on the iPhone 17 series, without blowing out the highlights this Diwali.

Photographer Bobby Roy said the Night Mode in iPhone 17 series is one of the best tools to achieve that.

“With 48MP HEIF MAX, try to bring out the fine textures of lights, and festive decor by using the best quality that the iPhone 17 Pro/Pro Max provides. You can surely use the Portrait mode for that perfect for soft, cinematic moments and pooja portraits,” he advised.

Also, use the beautiful cinematic mode for great Diwali clips, like the lighting diyas and other such beautiful moments. Thanks to all the lenses have the photonic engine on the iPhone 17 Pro/ Pro Max, it handles low light effortlessly, keeping details and warmth intact, said the photographer.

Samsung to offer stock compensation to employees

Samsung Electronics Co. said Tuesday it plans to offer shares to its employees under a new compensation program after the company was expected to have posted market-beating earnings in the third quarter.

The South Korean tech giant made the announcement to employees, noting that it will implement a performance stock units (PSU) program, under which workers will receive higher compensation depending on Samsung's stock performance, reports news agency.

The notice came after Samsung Electronics released an earnings guidance earlier in the day, suggesting it expects an operating profit of 12.1 trillion won ($8.5 billion) for the quarter ending in September, which would mark a 31.8 per cent spike from the 9.18 trillion won tallied a year earlier.

Samsung Electronics logs largest operating earnings in over 3 yrs in Q3

Samsung Electronics Co. on Tuesday estimated its third-quarter operating profit reached the highest level in more than three years, beating market expectations.

The world's biggest maker of memory chips expected an operating profit of 12.1 trillion won ($8.5 billion) for the quarter ending in September, up 31.8 per cent from 9.18 trillion won a year earlier, according to an earnings guidance released by Samsung Electronics, reports news agency.

It is the largest quarterly earnings since the second quarter of 2022, when the company posted a 14.1 trillion-won operating profit.

The third-quarter operating profit was 17.4 per cent higher than the average estimate from a survey.

Digital payments contribute 99.8 pc of India's retail payments in Q1 FY26: Report

Digital transactions contributed 99.8 per cent of India's retail payments in the first quarter of the current financial year (Q1FY26), with paper-based instruments (cheques) nearly obsolete, owing to policy push, infrastructure support, and deep fintech penetration, a report said on Monday.

Digital payments, led by Unified Payment Interface (UPI), Aadhaar-enabled payment system (AePS), Immediate Payment Service (IMPS), and others, dominate retail transactions, accounting for 92.6 per cent of payment value and 99.8 per cent of transaction volume as of the first quarter of the current fiscal (Q1 FY26).

"It highlights that rising internet penetration (from 60.7 per cent in March 2021 to 70.9 per cent in June 2025) and smartphone usage have accelerated this shift, enabling financial inclusion by bringing previously unbanked populations into the formal digital economy," CareEdge Analytics and Advisory said in its report.

LG Electronics' Q3 operating earnings drop 8.4 pc on tariffs

LG Electronics, a leading home appliance manufacturer in South Korea, said on Monday that its third-quarter operating profit is estimated to have dropped more than 8 percent from a year earlier due to rising tariff costs.

Operating profit for the three months ended in September came to an estimated 688.9 billion won ($482.6 million), down 8.4 per cent from a year earlier, the company said in a regulatory filing, reports news agency.

Its revenue decreased 1.4 per cent on-year to 21.87 trillion won. The data for net income was not available.

The operating profit, however, beat market expectations as it was 13.9 per cent higher than the average estimate, according to a survey.

LG Electronics attributed the profit decline to rising tariff burdens, particularly stemming from changes in the U.S. trade policy.

Make in India booster: iPhone exports hit record about $10 billion in April-Sep

In a fillip for ‘Make in India’ and the production-linked incentive (PLI) schemes, tech giant Apple has registered iPhone exports worth about $10 billion or more than Rs 88,500 crore from the country in the April-September period in the current financial year, according to industry estimates.

This is a 75 per cent growth in iPhone exports from India compared to the same period last fiscal (FY25), the estimates suggested.

“Made in Bharat. Trusted globally,” said IT Minister Ashwini Vaishnaw in a post on X on Wednesday.

As per industry data, Apple shipped iPhones worth $1.25 billion in September alone -- a massive surge from $490 million exports in the same month last year.

Institutional investments in India's real estate hit $4.3 billion in Jan-Sep

Led by domestic capital, institutional investments in the Indian real estate sector stood at $4.3 billion during the first nine months of 2025, a report showed on Tuesday.

The nine-months investment volumes remained above the average of $4 billion inflows in the January-September period of last five years, according to a Colliers India report.

The trend underscores ongoing investor confidence in the fundamentals of Indian economy and real estate market.

This also reflects the cautious investor approach amid prevailing global headwinds, trade frictions and other external volatilities.

New flexible supercapacitor to power wearables, EVs, cut dependence on imported batteries

Researchers at Nagaland University have developed a flexible supercapacitor device capable of powering next-generation wearable electronics, electric vehicles (EVs), and renewable energy systems, a breakthrough that has the potential to transform energy storage technologies in the country.

The research supported by the Indian Institute of Science (IISc) Bangalore and funded by the Anusandhan National Research Foundation (ANRF), could help India reduce dependence on imported batteries while boosting clean energy and storage technologies under the vision of Atmanirbhar Bharat, said the researchers.

5G handsets now comprise 87 pc of smartphone shipments in India

The share of 5G handsets in the smartphone shipments in India soared to 87 per cent during the first half of CY 2025, indicating the consumers are increasingly adopting the new technologies in the smartphone market, a new report has said.

According to the report from Counterpoint Research, India now stands at the 14th spot globally in terms of overall 5G share in total smartphone shipments.

The share of smartphone shipments in the Indian market was 47 per cent in the first half of 2023, when the country was in 40th spot. It went up rapidly in the first half of 2024.

5G smartphones have become mainstream, accounting for 71 per cent of overall global smartphone shipments in H1 2025, the report said.

India’s deal-making hits 3-year high at $110 billion, surges 72 pc: Report

Deal making activity involving India has touched a three-year high, with disclosed deal value reaching $109.9 billion in the first nine months of 2025, a new report said on Wednesday.

According to a report by the London Stock Exchange Group (LSEG), this marks a 72 per cent increase compared to last year, making it the highest January–September total since 2022.

Target India M&A activity stood at $91.2 billion, up nearly 57 per cent year-on-year (YoY).

DoT’s Sanchar Saathi initiative helps recover 6 lakh lost and stolen mobile handsets

More than 6 lakh lost and stolen mobile handsets have been recovered on the Department of Telecommunications’ (DoT) Sanchar-Saathi initiative, the government said on Tuesday.

The ‘Block Your Lost/ Stolen Mobile Handset’ facility on the citizen-centric digital safety initiative has crossed a significant milestone, marking a significant outcome reinforcing the citizens’ trust in digital governance, according to Ministry of Communications.

Samsung Heavy Industries to boost shipbuilding efforts in India

Samsung Heavy Industries said on Monday it has partnered with India's Swan Defence and Heavy Industries to collaborate in shipbuilding and offshore engineering.

Under a memorandum of understanding (MOU) signed earlier, the two companies will pursue cooperation in engineering, procurement and management of shipbuilding and offshore projects, Samsung Heavy said, reports news agency.

Swan Defence and Heavy Industries operates India's largest dry dock, capable of constructing very large crude carriers (VLCCs).

Samsung Heavy said the partnership will help it establish a foothold in India, with plans to gradually expand its business there.

Indigenous 4G stack, 97,500 swadeshi BSNL towers to boost digital connectivity for all: Scindia

Union Communications Minister Jyotiraditya Scindia on Saturday said that Prime Minister Narendra Modi is set to inaugurate India’s fully indigenous 4G stack and more than 97,500 Swadeshi BSNL towers to bolster digital connectivity across the country.

This rollout will ensure 100 per cent 4G saturation nationwide, strengthening digital connectivity for every citizen, said the minister in a post on X.

“In a landmark moment for Bharat’s telecom sector, and celebrating 25 glorious years of BSNL, PM Modi will inaugurate India’s fully indigenous 4G stack and more than 97,500 Swadeshi BSNL towers across Odisha, Andhra Pradesh, Uttar Pradesh, Maharashtra, Rajasthan, Assam, Gujarat and Bihar,” Scindia said.

Festive season to add 2 lakh jobs in India; 70 pc expected to be gig roles: Report

Festive season 2025 is likely to generate up to 2 lakh jobs, of which 70 per cent are expected to be gig roles, particularly in tier 2 cities, according to a report on Thursday.

The report by NLB Services showed that India’s festive economy has traditionally been a major driver of consumer spending, and 2025 is marking a structural transformation in how seasonal demand is shaping employment models.

GCC-driven office space demand in India rises 8 pc in Jan-Sep: Report

Global capability centre (GCC)-driven demand of office space in India rose 8 per cent in the first nine months this year, reaching 50.9 million square feet, a report showed on Thursday.

While Bengaluru continued to drive overall transaction volumes in the third quarter, Pune, Mumbai and Chennai, particularly witnessed high demand traction.

The three cities cumulatively accounted for more than half of the quarterly Grade A office space uptake. Notably, each of the three cities saw an annual demand growth of at least 40 per cent in Q3 2025, according to the report by Colliers.

Bengaluru retained its dominance with 14 million sq. ft. of leasing and 27 per cent share in the overall India office space demand.

India begins to clock strong car sales under new GST regime

The auspicious start of Navratri, amplified by the momentum from the GST 2.0 reforms, has infused strong positivity into the automobile market, with car dealers registering robust sales across the country.

The GST reforms have considerably brought down prices of passenger and commercial vehicles, in cheers for customers.

While Maruti Suzuki said its retail sales were likely to surpass 30,000 units on Day 1 of the rate rationalisation, Hyundai Motor India Limited (HMIL) recorded nearly 11,000 dealer billings, its highest single-day performance in the last five years.

India's real estate investment landscape remains resilient in H1 2025, attracting $3 billion

India continues to stand out as a promising country within the Asia Pacific’s (APAC) real estate investment landscape, attracting significant capital inflows of $3.0 billion in the first half of 2025 (H1 2025), a report said on Monday.

Foreign investments stood at $1.6 billion, accounting for around 52 per cent of the investment in the sector during H1.

"While the investment declined Year-on-Year (YoY), overall investor interest remained intact. The foreign capital continued to dominate overall investments; meanwhile, domestic capital deployment gained significant traction, surging 53 per cent YoY," Colliers said in a report.

Around 48 per cent of the real estate investments during H1 2025 came from domestic investors.

Adani Group companies' shares surge after SEBI's clean chit

Shares of the Adani Group companies surged by up to 10 per cent on Friday following the Securities and Exchange Board of India’s (SEBI) clean chit into the allegations made by US short-seller Hindenburg Research.

As of 11 a.m., with a 7.99 per cent surge to Rs 655.45, Adani Total Gas Ltd. led the pack in terms of gains. Adani Power Ltd surged 7.02 per cent to Rs 675.65. While Adani Enterprises Ltd rose 3.68 per cent to settle at Rs 2,490.40, Adani Ports and Special Economic Zone Ltd reached Rs 1,429.60, up 1.19 per cent. At Rs 1,007.85, Adani Green Energy Ltd. was up by 2.96 per cent.

India’s office space leasing by GCCs set to grow 15-20 pc in 2 years: Report

Global Capability Centres (GCCs) acted as the major driver of India’s commercial real estate sector, with leasing projected to grow by 15–20 per cent over the next two years, said a report on Wednesday.

GCCs are projected to lease 60–65 million square feet of Grade A office space by 2027, according to a report by real estate services firm Colliers.

These centres have leased around 100 million square feet in India's top seven cities since 2021, accounting for 36 per cent of total office demand. Leasing activity by global corporates is expected to touch 28 million square feet by 2025, nearly doubling the 2021 figure, the report said.

India’s fitness tech sector raises $989 million to date: Report

India’s fitness tech sector has raised $989 million across 203 equity rounds till date, underscoring its steady expansion despite current cautious funding activity, a report said on Tuesday.

The fitness tech ecosystem currently comprises more than 600 active startups, of which 96 have secured equity funding.

"Over the last decade (2016–2025 YTD), annual funding grew from $24.2 million in 2016 to a record $387.9 million in 2021, before moderating to $48.3 million in 2024. Meanwhile, 2021 marked the most funded year," Tracxn said in a report.

In terms of top-funded startups, to date, Cult.fit remains the most funded startup in the sector with $666.6 million, followed by HealthifyMe with $145.3 million, while Ultrahuman has secured $54.9 million in funding.

NPCI raises daily UPI payment limit on P2M transactions to Rs 10 lakh

The National Payments Corporation of India (NPCI) has raised the Unified Payments Interface (UPI) transaction limits for person-to-merchant (P2M) payments to up to Rs 10 lakh in 24 hours for specified categories, effective from Monday.

The move seeks to facilitate larger payments in key sectors and enhance digital adoption in high-value segments. The NPCI maintained the person-to-person (P2P) limit at Rs 1 lakh per day.

Earlier users often encountered restrictions, forcing them to split payments or revert to traditional methods like cheques or bank transfers.

Under the revised framework, capital market and insurance payments, the per-transaction limit has been hiked from Rs 2 lakh to Rs 5 lakh, with a daily limit of Rs 10 lakh.

India's smartphone exports surpass Rs 1 lakh crore this fiscal so far, Apple leads: Data

India's smartphone exports have crossed Rs 1 lakh crore in value in the first five months of FY26, setting a new record, according to industry estimates.

Even amid tariff and trade disputes with the US, India’s smartphone export figure represented a 55 per cent increase -- from Rs 64,500 crore during the same period last fiscal (FY25).

Tech giant Apple's contract manufacturers, Tata Electronics and Foxconn, made up nearly 75 per cent of outbound shipments, contributing over Rs 75,000 crore worth of exports, as per industry sources.

Adani Power signs pact to supply 2,400 MW power to Bihar

In a significant development, Adani Power Ltd (APL) has signed a 25-year power supply agreement with Bihar State Power Generation Company Ltd (BSPGCL) to supply 2,400 megawatt (MW) of power to the state, the Adani Group's firm said on Saturday.

Under the agreement, the India's largest private sector thermal power generator would supply the proposed power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar.

The development came after a Letter of Award (LoA) by BSPGCL to APL, on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August.

Mutual fund folios near 25-crore mark, jump over 5 pc in FY26

The total number of mutual fund folios touched a record high of 24.89 crore in August, marking a 5.3 per cent jump over the first five months of FY26.

The growth rate has decelerated compared to the first five months of FY25, when folio count increased around 14 per cent, rising from 16.99 crore to 19.4 crore. The numbers don't represent individual investors, as one investor may hold multiple folios across various schemes.

Equity schemes accounted for the largest segment, totalling 17.32 crore folios, according to August data from the Association of Mutual Funds of India (AMFI).

Oracle’s Larry Ellison becomes world’s richest person, surpasses Elon Musk

US software giant Oracle's Co-founder and CTO, Larry Ellison, has become the world's richest person, overtaking Tesla CEO Elon Musk, following a significant increase in his wealth due to the price surge of his company's shares.

Forbes’ real-time billionaire rankings show Ellison’s fortune increased by $101 billion, raising his total net worth to $395.7 billion after Oracle shares experienced a historic rally, surging 41 per cent on Wednesday on New York Stock Exchange (NYSE) — marking the steepest increase since 1992. Musk's fortune has slipped after Tesla shares fell 14 per cent in 2025.

82 pc Indians opted for e-visa in 2025: Report

Electronic visa (e-visas) accounted for 82 per cent of all visa applications in India in 2025, up from 79 per cent in 2024, according to a report on Wednesday.

The report by Atlys, a visa processing platform, showcased the expanding list of countries offering Indians simplified digital entry options with detailed stay durations and validity terms.

The UAE, Vietnam, Indonesia, Hong Kong, and Egypt emerged as the leading e-Visa destinations for Indians this year.

भारत ने जनवरी-जून में 3.8 गीगावाट सौर ओपन-एक्सेस क्षमता स्थापित की: रिपोर्ट

एक नई रिपोर्ट में कहा गया है कि भारत ने 2025 की पहली छमाही में 3.8 गीगावाट (GW) सौर ओपन-एक्सेस क्षमता और दूसरी तिमाही में 2.7 गीगावाट की वृद्धि की है।

मेरकॉम की एक रिपोर्ट के अनुसार, 2025 की दूसरी तिमाही में सौर ओपन-एक्सेस क्षमता वृद्धि में महाराष्ट्र शीर्ष पर रहा, जिसने कुल स्थापनाओं में 30 प्रतिशत से अधिक का योगदान दिया।

रिपोर्ट में संकेत दिया गया है कि 2024 की पहली छमाही में स्थापनाओं में वृद्धि की संभावना है क्योंकि ओपन-एक्सेस डेवलपर्स ने अनुमोदित मॉडलों और निर्माताओं की सूची को फिर से लागू करने से पहले परियोजनाओं की कमीशनिंग में तेजी लाई। 2025 की पहली छमाही में, परियोजना निष्पादन में थोड़ी गिरावट आई।

India installs 3.8 GW solar open-access capacity in Jan-June: Report

India added 3.8 gigawatts (GW) of solar open access capacity in the first half of 2025, and 2.7 GW in the second quarter alone, a new report has said.

Maharashtra topped solar open access capacity additions in Q2 2025, contributing over 30 per cent of total installations, according to a report from Mercom.

The report indicated that the installations in H1 2024 were skewed towards the upside as open access developers expedited project commissioning before the reimposition of the Approved List of Models and Manufacturers. In H1 2025, project execution faced a slight decline.

Odisha unveils draft EV Policy 2025 to boost green mobility

The Odisha government has released the draft Electric Vehicle (EV) Policy 2025, setting an ambitious roadmap to accelerate green mobility and make the state a national leader in sustainable transportation.

The draft policy aims to achieve 50 per cent electric vehicle adoption in new registrations by 2030, expanding incentives across all vehicle categories -- ranging from two-wheelers and cars to buses, trucks, and construction equipment.

The state government has included several significant promotional measures in the new policy as the state fell short of its earlier target under the 2021 EV Policy, which aimed for 20 per cent adoption by August 2025 but recorded only 9 per cent penetration. The state government has expanded the incentives provided on the purchase of electric two-, three-, and four-wheelers, buses, trucks, and retrofitted vehicles. The subsidies have been linked to performance and efficiency.

Apple ramps up India manufacturing with iPhone 17, eyes record festive season growth

Apple, which is stepping up its manufacturing push in India, has spread iPhone 17 production across five local factories, which will be available in the country from September 19. According to analysts on Wednesday, the festive season is set to herald new sales records for the US-based giant.

Apple is also expected to manufacture fewer units of the ‘Pro’ models in India, according to industry sources.

Foxconn has started rolling out iPhone 17 units at its new $2.8 billion facility in Devanahalli, near Bengaluru. The plant, which is Foxconn’s second-largest iPhone factory outside China, is now running alongside its Chennai unit.

Experts view the Bengaluru factory’s launch and the broader manufacturing shift as a major milestone in Apple’s diversification strategy.

Infosys surges 4.42 pc as board mulls share buyback

Shares of IT giant Infosys Limited rose over 4 per cent on Tuesday after the company announced that its board will consider a proposal on September 11 for an equity share buyback.

Infosys shares were trading at Rs 1,496.30, up Rs 63.40 or 4.42 per cent today. The stock rose by Rs 7 over the last five days, marking a 0.47 per cent increase.

The Bengaluru-based IT company plans to spend Rs 13,560 crore on the buyback, priced at an average premium of 25 per cent per share according to multiple media reports.

Google Search’s AI Mode now available in Hindi globally

With Artificial Intelligence (AI) transforming how Google Search is being used, the tech giant on Tuesday announced the launch of its AI mode in Hindi for users across the globe.

The update, which uses a custom version of Gemini 2.5, enables users to ask longer, more complex, or nuanced questions in Hindi and receive more helpful and personalised answers.

“We recently launched it in English in India and have received great feedback on its ability to handle complex queries. We're thrilled to take the next step: starting today, we're rolling out AI Mode in Hindi for users around the world,” the company said in a blogpost.

2-wheeler sales in India cross 13.7 lakh units in Aug, up 2.18 pc ahead of GST reforms

Two-wheeler retail sales in India reached 13,73,675 units in August, up 2.18 per cent against 13,44,380 units in the year-ago period, even as as customers postpone purchases till September 22 when GST reforms come into effect.

According to latest data from the Federation of Automobile Dealers Associations (FADA), passenger vehicle (PV) sales were marginally up at 3,23,256 units last month compared to 3,20,291 units in August 2024.

The commercial vehicle segment witnessed a growth of 8.55 per cent at 75,592 units as compared to 69,635 units in August last year. Three-wheeler retail sales were at 1,03,105 units.

Home-cooked thalis get 7-8 pc cheaper in Aug over benign commodity prices

The price of home-cooked vegetarian and non-vegetarian thalis declined 7 per cent and 8 per cent in August (year-on-year), respectively, amid benign commodity prices in India, a report showed on Monday.

The decline in the cost of vegetarian thali was led by a sharp drop in prices of onion, potato and pulses, according to Crisil Intelligence.

Prices of potato and onion declined 31 per cent and 37 per cent on-year, respectively, on a high base. In the year-ago period, potato production had shrunk 5-7 per cent due to blight infestation and weather changes, pushing up the prices.

South Korea's EV sales up nearly 50 pc in Jan-Aug period

Sales of electric vehicles (EVs) in South Korea jumped nearly 50 per cent from a year earlier in the first eight months of the year, helped by the release of new models, data showed on Monday.

According to data from the Korea Automobile & Mobility Association (KAMA), accumulated sales of EVs during the January-August period came to 142,456 units, compared with 95,988 units tallied last year, reports news agency.

EVs accounted for 12.7 percent of all cars newly registered in South Korea during the cited period, up 3.8 percentage points from the same period last year, according to KAMA.

The association attributed the sharp increase to the release of new models, including the launch of Tesla's Model Y in May, with Hyundai Motor and its sister company Kia, introducing more affordable EVs as well.

Major battery makers see steady drop in plant operation rates in South Korea

Major battery makers reported a continued decrease in factory utilisation rates in the first half due to waning global demand for electric vehicles (EVs), data showed on Friday.

In its semiannual report, industry leader LG Energy Solution Ltd. (LGES) said its production capacity stood at 20.1 trillion won (US$14.5 billion) in the first six months of this year, with an average plant capacity utilisation rate of 51.3 percent.

The figure has steadily declined from 73.6 percent in 2022 to 69.3 percent in 2023 and 57.8 percent last year, reports news agency.

India’s merchandise exports clock 7.29 per cent growth at $37.24 billion in July

India's merchandise exports registered a 7.29 per cent increase to $37.24 billion in July this year, compared with the corresponding figure of $34.71 billion in the same month last year, according to official data released on Thursday.

"Despite an uncertain global policy environment, India's services and merchandise exports in July and in FY26 so far have grown substantially, and are much higher than the global exports growth," Commerce Secretary Sunil Barthwal said.

"Major drivers of goods exports in July were engineering goods, electronics goods, drugs and pharma, organic and inorganic chemicals, gems and jewellery,” he pointed out.

The surge in goods exports is also due to stepped-up shipments ahead of the higher US tariffs that will kick in from later in August.

India's automobile sector recorded stable sales in July: SIAM

The sales of automobiles in the country posted a "stable performance" in July this year, across all segments including passenger vehicles (cars and utility vehicles), two-wheelers, three-wheelers and quadricycle, to cross a total of 26.98 lakh units during the month, according to a Society of Indian Automobile Manufacturers (SIAM) statement released on Thursday.

The two-wheeler segment grew by 8.7 per cent in July 2025, as compared to July 2024, with sales surpassing 15.67 lakh units. Scooter sales grew by 16.2 per cent to 6,43,169 in July as compared with 5,53,642 units in the corresponding month last year. Similarly, motorcycle sales grew by 4.7 per cent to 8,90,107 units during the month as compared with 8,50,489 units in July 2024.

Black Box reports 28 pc YoY growth in PAT for Q1 FY26

Black Box Limited, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter ended June 30, 2025. The Company delivered a resilient performance with year-over-year improvement in both operating profit and net profitability, despite the ongoing global tariff uncertainty that impacted project execution timelines.

Building on the strong operational foundation laid in FY25, when the Company completed its multi-year turnaround and achieved significant margin expansion, Q1 FY26 reflected continued discipline in execution, robust profitability, and an expanding order book.

Revenue for Q1 FY26 stood at Rs 1,387 crore compared to Rs 1,423 crore in Q1 FY25. The delay in equipment procurement by certain clients, because of the prevailing tariff environment, resulted in deference of the service execution and revenue recognition.

Bitcoin touches record high on hopes of US Fed rate cut

Leading cryptocurrency Bitcoin hit a record high of $124,210 on Thursday over increasing expectations for more lenient monetary policy from the US Federal Reserve.

The development, coupled with supportive financial reforms, particularly under the pro-crypto stance of the US President Donald Trump's administration, boosted investor sentiment.

The world's largest crypto asset by market capitalisation climbed over 0.9 per cent to $124,210, surpassing its previous peak in July. But as of 10.30 am, the BTC has dropped to $1,23,036.80. The second-largest crypto-token Ether also hit $4,780.04, the highest level since late 2021.

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