Coal India's board approves incorporation of an intermediate holding company in Chile to explore lithium and copper opportunities, alongside a Rs 3,189.54 crore investment in a coal-to-ammonium nitrate project in Odisha.
FMCG major Emami reports strong Q3 FY26 performance with net profit of Rs 319 crore, up 15% year-on-year. EBITDA grows 13% to Rs 384 crore with margins expanding to 33.4%.
Asian markets declined on Thursday following overnight losses in US technology stocks, with Hong Kong, Japan, China, and South Korea all in negative territory. US markets closed mixed, while oil prices fell sharply and precious metals showed volatility.
Sony reported a 22% rise in Q3 operating profit to 515 billion yen, exceeding analyst estimates. The company raised its full-year forecast by 8% to 1.54 trillion yen, citing strong music business performance.
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Silver prices fell sharply on February 5, with COMEX silver crashing 10% and MCX silver dropping 6%. Gold prices also decreased in domestic markets. International spot prices showed mixed trends.
Boeing announces 300 layoffs in its defense division's supply chain while maintaining 1,300 job openings. The company is consolidating engineering work to South Carolina amid broader industry job cuts.
Gold and silver prices in the international market traded higher on Thursday, with spot gold rising 1.1% to $5,016.89 per ounce and silver rallying 2.1% to $89.88, driven by geopolitical and economic uncertainties.
Alphabet reports Q4 earnings with $113.8B revenue, surpassing estimates. Annual revenue exceeds $400B for first time, driven by search and cloud growth. Company signals potential doubling of AI investments by 2026.
Punjab government's second-day Mumbai roadshow emphasized job creation for youth through investments in textiles, automotive, defense, and MSMEs, ahead of the Progressive Punjab Investors' Summit 2026.
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SpaceX advisers are lobbying index providers for faster inclusion in benchmarks like Nasdaq 100 to attract index fund capital and support its planned $1 trillion IPO, alongside AI giants OpenAI and Anthropic.
Former President Donald Trump reverses earlier stance, stating he won't personally intervene in the $72 billion media battle between Netflix and Paramount Skydance over Warner Bros. Discovery assets.
Kristin Cabot, former HR chief involved in viral Coldplay kiss cam scandal, will keynote PRWeek's 2026 Crisis Comms Conference in Washington DC, discussing public shaming and narrative control.
Tata Motors' $4.4 billion acquisition of Iveco faces renewed investor concerns as the Italian automaker cuts cash flow guidance twice in six months, raising questions about global exposure and long-term value creation.
Chennai-based Dr Agarwal's Health Care reports robust Q3 FY26 results with PAT surging 54.5% to Rs 44 crore and revenue up 23% to Rs 530 crore, driven by strong patient volumes and network expansion.
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NCLT Mumbai directs Jet Airways liquidator to pay provident fund and gratuity dues in full to employees, ruling these statutory dues are outside liquidation estate under IBC.
Cognizant Technology Solutions reports strong Q4 results with net profit rising 18.7% and revenue reaching $5.33 billion, exceeding guidance with 4.9% YoY growth.
The Supreme Court has instructed authorities to conduct a fair investigation against ADAG companies in a SEBI case, emphasizing procedural integrity and justice.
UK-based GI Outsourcing has established an AI-first Global Capability Centre in Hyderabad through Enablr partnership, expanding India operations with plans to employ 200 by 2028.
Competition Commission of India orders detailed investigation into IndiGo's alleged abuse of dominant position following mass flight cancellations and passenger complaints about price gouging.
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Industrialist Anil Ambani pledges to the Supreme Court not to leave India during CBI and ED investigations into alleged siphoning of Rs 40,000 crore from bank loans. The court monitors probes and questions CBI's approach.
US wealth management giant LPL Financial launches its Global Capability Centre in Hyderabad, planning to create hundreds of tech roles over 3-5 years to support financial services innovation.
Enforcement Directorate attaches flats and plots worth Rs 70 crore in Parekh Aluminex money laundering case. Total attached assets now Rs 493 crore in Rs 2,296 crore bank loan fraud.
The Washington Post announced sweeping layoffs, eliminating its sports section, foreign bureaus, and Book World division. Executive Editor Matt Murray called the cuts 'painful but necessary' amid falling subscriptions and financial pressures.
Global PE giant Warburg Pincus celebrates 30 years in India, calling it one of its best constructive ecosystems. The firm has made 80 investments, with India being its second-largest market globally after the US.
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Swiggy MD Sriharsha Majety says budget's City Economic Regions will accelerate urbanization beyond metros, with Tier-II/III centers driving GDP growth through formalization and organized economic expansion.
Reliance Industries chairman Mukesh Ambani forecasts India's energy independence within 20-30 years, with GDP potentially reaching $25-30 trillion. BlackRock's Larry Fink calls this period 'India's era' for investors.
AMD CEO Lisa Su remains optimistic about AI growth despite a 16% stock plunge following Q1 forecast. She highlights strong data center demand and upcoming Helios AI system launch in 2026.
The Competition Commission of India has directed an investigation into IndiGo for potential abuse of dominant position after mass flight cancellations and fare hikes in December, citing the airline's 60% market share.
Cognizant projects annual revenue above Wall Street estimates for 2026, driven by AI integration demand, while the broader IT sector faces volatility from AI disruption fears.
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Nike co-founder Phil Knight owns a custom Gulfstream G650 jet worth Rs 600 crore, housed in a private Oregon hangar, demonstrating the brand's iconic slogan in action.
