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BUSINESS

Cipla clocks 39 pc drop in its Q1 profit, expenses up 14.7 pc
BUSINESS

Cipla clocks 39 pc drop in its Q1 profit, expenses up 14.7 pc

Mumbai, July 23 — Pharma major Cipla Limited on Thursday reported a 39.2 per cent year-on-year decline in its consolidated net profit attributable to owners of the parent for the first quarter of FY27.The company posted a consolidated net profit of Rs 789.05 crore for the quarter ended June 30,…

IndusInd Bank shares tumble over 6 pc after Q1 results
BUSINESS

IndusInd Bank shares tumble over 6 pc after Q1 results

New Delhi, July 23 — Shares of private sector banking stock IndusInd Bank fell more than 6 per cent in early trade on Thursday after the bank posted its June quarter earnings.The banking stock plunged as much as 6.29 per cent to 1002.50, hitting an intraday low of Rs 1,002.50 on the BSE at around…

Indian banks report 146 pc surge in SMS scams
BUSINESS

Indian banks report 146 pc surge in SMS scams

New Delhi, July 23 — Text‑message‑based scams and mobile fraud have surged sharply in India, with SMS scams up 146 per cent and mobile fraud sessions rising 67 per cent between the second half of 2025 and the first half of 2026 compared to the same period prior year, according to a report.The…

Gemini app now has 950 million monthly active users: Sundar Pichai
BUSINESS

Gemini app now has 950 million monthly active users: Sundar Pichai

New Delhi, July 23 — Google's Gemini app has reached 950 million monthly active users (MAUs), with its daily active users tripling over the past year, as the company continues to expand its artificial intelligence (AI) offerings across consumer and enterprise products, according to CEO Sundar…

Uber trims 10 pc of customer service staff amid AI efficiency push
BUSINESS

Uber trims 10 pc of customer service staff amid AI efficiency push

New Delhi, July 23 — Uber Technologies has reduced nearly 10 per cent of its customer service workforce as the ride-hailing company reshapes its operations around artificial intelligence (AI) and a leaner organisational structure, according to multiple reports.The latest job cuts affect employees…

Kerala govt rolls out 100‑day GCC mission to woo global firms
NATIONAL

Kerala govt rolls out 100‑day GCC mission to woo global firms

Thiruvananthapuram, July 22 — Kerala government has unveiled an ambitious 100‑day mission to transform itself into a major destination for Global Capability Centres (GCCs), with the government planning a global investment drive, international roadshows, infrastructure expansion and a large‑scale…