Indegene Q1 profit stays flat despite 40% jump in revenue as margins shrink

Indegene Q1 profit stays flat despite 40% jump in revenue as margins shrink

Indegene Ltdreported an unchanged net profit of ₹116 crore for the quarter ended June 2026, even as revenue posted strong double-digit growth. Revenue from operations rose 39.7% year-on-year to ₹1,063 crore from ₹761 crore in the corresponding quarter last year. The results highlight a familiar corporate challenge: rapid business growth did not translate into higher…

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Microsoft shares surge 14% on Azure-led earnings beat, eye best day since March 2020

Microsoft shares surge 14% on Azure-led earnings beat, eye best day since March 2020

Microsoft shares jumped as much as 14% on Thursday after the technology giant reported fiscal fourth-quarter results that beat analysts’ estimates, driven by stronger-than-expected growth in its Azure cloud business. The company reported 43% growth in Azure, its key cloud computing business, ahead of market expectations. Microsoft also said it now has more than 30…

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Foreign investors extend buying streak with ₹3,624 crore inflow as DIIs turn sellers after five sessions

Foreign investors extend buying streak with ₹3,624 crore inflow as DIIs turn sellers after five sessions

Foreign institutional investors (FIIs) remained net buyers of Indian equities on Thursday, purchasing shares worth ₹3,623.51 crore on a provisional basis, according to exchange data. The buying by overseas investors came as domestic institutional investors (DIIs) turned net sellers after five consecutive sessions of purchases. DIIs sold equities worth ₹1,864.03 crore on a provisional basis….

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11 years of Ethereum: How a white paper became Wall Street's blockchain

11 years of Ethereum: How a white paper became Wall Street’s blockchain

Eleven years ago, Ethereum was little more than a 36-page white paper written by a 21-year-old programmer. Today, some of Wall Street’s biggest names—including BlackRock, Visa and PayPal—are building products on the technology it introduced. That’s perhaps Ethereum’s biggest achievement. It didn’t just create another cryptocurrency. It laid the foundation for an entirely new financial…

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Bai-Kakaji Polymers hits upper circuit as Abakkus Fund buys 2.8% stake in bulk deal

Bai-Kakaji Polymers hits upper circuit as Abakkus Fund buys 2.8% stake in bulk deal

Shares of Bai-Kakaji Polymers surged 20% to hit the upper circuit on Thursday, marking their biggest single-day gain and the highest level since the company’s stock market debut in December 2025. The rally followed a bulk deal in which Sunil Singhania-backed Abakkus Venture Opportunities Fund acquired 6.08 lakh shares, or about 2.8% of the company’s…

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Indo-MIM eyes strong growth in defence, aerospace and medical after blockbuster listing; sees no execution challenges - Markets

Indo-MIM eyes strong growth in defence, aerospace and medical after blockbuster listing; sees no execution challenges – Markets

Indo-MIM stock market listing: Shares of Indo-MIM Ltd on Thursday made a remarkable stock market debut, listing with a premium of nearly 45 per cent, against the issue price of Rs 485. Indo-MIM Stock Market Debut: Fresh from a stellar stock market debut, precision engineering components maker Indo-MIM is betting on strong demand from the…

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