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Timex India Q2 profit jumps 70% to Rs 30 crore; premium brands and e-commerce fuel record growth

Timex Group India just celebrated a record-breaking quarter with a staggering 70% increase in profit after tax and a 40% rise in total income. The momentum was driven by successful contributions from premium brands like Versace, Timex, and Guess. Significant…

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Rupee sidesteps gains in Asian peers as deprecation bias lingers

The Indian Rupee ended almost flat on Thursday. Dollar demand from importers kept the currency in check. Positive regional market trends offered some support. Traders expect the Rupee to trade within a narrow band. The Reserve Bank of India has…

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KFC’s India operator Devyani International posts quarterly loss as demand muted

Devyani International, operator of KFC and Pizza Hut in India, reported a quarterly loss as demand faltered and same-store sales declined for both brands. Despite revenue growth and store expansion, the company faced pressure from competition and the acquisition of…

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Google’s new ‘Project Suncatcher’ to build AI data centres in space

The advantages are radical—constant sunlight, minimal atmospheric loss, no nightfall and vacuum-based cooling that could cut energy costs by up to 40% versus Earth-based data centres.

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Simplified GST Registration to boost compliance, ease of doing business; experts flag low cap, tough exit

Experts call it a step toward ease of doing business but flag low threshold and restrictive exit conditions.

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Delhivery CFO Amit Agarwal to step down; Vivek Pabrai named successor

In a key leadership transition at logistics major Delhivery Ltd, CFO Amit Agarwal will step down at the end of the year, paving the way for finance veteran Vivek Pabrai to take charge from January 2026.

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