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TECHNOLOGY

Symphony Q1 net profit slips 5 pc to Rs 40 crore
BUSINESS

Symphony Q1 net profit slips 5 pc to Rs 40 crore

Mumbai, Aug 4 — Air cooler maker Symphony Limited on Tuesday reported a 5 per cent year-on-year (YoY) decline in net profit for the quarter ended June 2026 (Q1 FY27).The company's profit after tax stood at Rs 40 crore, compared with Rs 42 crore in the corresponding quarter last financial year (Q1…

170 companies approved under PLI scheme for textiles
BUSINESS

170 companies approved under PLI scheme for textiles

New Delhi, Aug 4 — A total of 170 companies have been approved for participation under the PLI scheme for textiles, the government said on Tuesday.Further, 225 products have been notified in MMF Apparel, MMF Fabrics and Technical Textiles segments in the scheme, said Minister of State for Textiles…

WhatsApp users report accounts under review, access disrupted
BUSINESS

WhatsApp users report accounts under review, access disrupted

New Delhi, Aug 4 — Meta-backed messaging platform WhatsApp appears to have taken action against several accounts, with users reporting that their accounts are under review for up to 24 hours and that they are unable to access key features of the application.The notification displayed by the…

Seoul stocks down on tech losses, inflation up in July
BUSINESS

Seoul stocks down on tech losses, inflation up in July

Seoul, Aug 4 — Seoul shares turned lower late on Tuesday morning, reversing early gains as technology stocks declined amid lingering uncertainty over the Middle East, despite overnight gains on Wall Street.After opening 1.5 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI)…

Moscow to help Vizag develop modern transportation system
TECHNOLOGY

Moscow to help Vizag develop modern transportation system

Amaravati, Aug 3 — The Greater Visakhapatnam Municipal Corporation (GVMC) has entered into a Memorandum of Cooperation with the Government of Moscow for developing a modern, efficient and technology-driven urban transportation system in Visakhapatnam.Under the agreement, the GVMC and the Government…

White-collar hiring rises 5 pc in July, AI jobs surge 33 pc: Report
BUSINESS

White-collar hiring rises 5 pc in July, AI jobs surge 33 pc: Report

New Delhi, Aug 3 — India's white-collar hiring grew 5 per cent year-on-year in July aided by sustained demand for artificial intelligence (AI) talent and a recovery in information technology (IT) recruitment, according to a report released on Monday.According to an analysis of Naukri, the JobSpeak…

Corrosion-tackling measures could boost India’s GDP by 1.5 pc
BUSINESS

Corrosion-tackling measures could boost India’s GDP by 1.5 pc

New Delhi, Aug 3 — India loses an estimated 4.3 per cent of GDP each year to corrosion — around Rs 14.1 trillion — and adopting stronger corrosion‑management practices could improve GDP by around 1.5 per cent, or Rs 5 trillion, a report said on Monday.The report from Nomura Research Institute (NRI)…