Eicher Motors Q4 PAT rises 12% YoY to Rs 1,520 cr; declares dividend of Rs 82/sh | Capital Market News
Eicher Motors reported a 11.58% increase in consolidated net profit to Rs 1,519.95 crore in Q4 FY26, compared with Rs 1,362.15 crore posted in Q4 FY25. Total revenue from operations jumped 16% year-on-year (YoY) to Rs 6,080.09 crore in the quarter ended 31 March 2026. Profit before tax (PBT) stood at Rs 1,936.86 crore in […]
How VCs and founders use inflated ‘ARR’ to kingmake AI startups
Last month, Scott Stevenson, co-founder and CEO of the legal AI startup Spellbook, took to X in an effort to expose what he called a “huge scam” among AI startups: inflation of the revenue figures that they announce publicly. “The reason many AI startups are crushing revenue records is because they are using a dishonest […]
India offers talent, growth opportunities via GIFT city: FM Sitharaman | Finance News
Union Finance Minister Nirmala Sitharaman said here on Friday that India offers a unique combination of scale, technology, talent and growth opportunities through GIFT City in Gujarat. She chaired a high-level review meeting on GIFT City (Gujarat International Finance Tec-City) and its evolving international financial services ecosystem. GIFT City is […]
Apple says Epic lawsuit shouldn’t reshape App Store rules for all developers
In Apple’s seemingly never-ending lawsuit with Fortnite maker Epic Games over App Store commissions, the iPhone maker is once again fighting a court’s ruling. Its latest tactic? Saying that Epic Games’ beef with Apple over its fee structure shouldn’t lead to an injunction that applies to all developers that publish on the U.S. App Store, […]
Elon, stop trying to make Grok happen
There is a harsh truth about Elon Musk’s “truth-seeking” AI chatbot Grok: It’s not very good, and not many people are using it. That’s the takeaway of a new Reuters report, which found that Grok barely appears in federal records of how the US government used AI last year. It’s not the only sign xAI’s […]
Get Your Medical Mobile App Verified By IEEE
Patients who use mobile applications to manage medical conditions including depression and chronic pain might assume the apps have been evaluated by regulatory agencies to be safe and effective. But that isn’t necessarily the case. Most of the more than 55,000 medical apps that claim to diagnose or treat a condition—or ones that provide clinical […]
Empowering defenders through our Cybersecurity Grant Program
Highlighting innovative research and AI integration in cybersecurity Source link
Central Bank of India OFS fully subscribed; Qatar Holding sells 0.4% stake | Markets News
Central Bank of India OFS fully subscribed The Rs 2,250 crore share sale by the government in Central Bank of India saw bids exceed the shares on offer. According to stock exchange data, the offer for sale (OFS) received bids for nearly 77 million shares from institutional investors against 72.4 million shares […]
Meta’s Forum is part Reddit, part Facebook, and part Google AI Overview
Meta’s new Forum app for iPhones takes Facebook Groups and moves them to a dedicated app with a dedicated AI chatbot to go with it, like an AI revamp of the ill-fated Groups app Facebook shut down in 2017. Rather than going to ChatGPT or tacking “Reddit” onto the end of a Google search, Forum […]
Twelve South’s AirFly Pro 2 has hit one of its best prices ahead of summer travel
With Memorial day weekend kicking off the travel season, we’re seeing a lot of deals pop up on travel gadgets, from portable power banks to noise-canceling headphones. One of the best right now is Twelve South’s AirFly Pro 2 Bluetooth adapter, which lets you use your wireless headphones with in-flight entertainment systems so you can […]