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Ola Electric Q1 Results: Net Loss Narrows But Revenue Plunges 45%
Ebitda loss narrowed to Rs 165 crore from Rs 237 crore a year earlier.
Section
Markets, Dalal Street, companies and the money moving India's economy.

NDTV Profit
Ebitda loss narrowed to Rs 165 crore from Rs 237 crore a year earlier.

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Titan's Q1 profit and EBITDA beat estimates, while revenue rose 29% year-on-year, led by strong growth in its jewellery business.

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SK Hynix plans to expand production of advanced memory chips with a $38.1 billion investment. The Yongin Y2 fab will focus on DRAM and HBM, while Cheongju's M17 facility will manufacture NAND memory for growing AI infrastructure demand.

Mint
This marks a first for legacy two-wheeler makers, who have so far stayed away from entering the electric motorcycle segment, even as they work to develop the technology.

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The court issued notices to the Union government, the FSSAI and other respondents, seeking their response before the next hearing.

The Hindu
Tata Consultancy Services, Mahindra & Mahindra, State Bank of India, and Tech Mahindra were among the winners

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The prime minister also appealed to them to use their power constructively to further development projects in their constituencies.

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Nasdaq 100 futures rose 0.39% to $29,603.25, S&P500 futures was up 0.13% at $7,744.5, while Dow Jones Industrial Average remained in green at $54,028.
The Hindu
Forex traders said risk aversion in global markets due to uncertainty on the deal between Iran and Oman and an overnight jump in crude oil prices weighed on investor sentiments

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Across Asia, AI-related hiring totaled 130,758 jobs during the study period, with more than 90% of those positions in technology. By comparison, 60,654 jobs were lost, about 60% of them in financial services.

















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