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India
4531 posts
Roblox (NYSE: RBLX) loses 18% as bookings shrink. Why is revenue still rising?
Roblox shares plunged after the company reported falling user engagement and warned that fourth-quarter bookings could decline by as much as 15%. Yet reported revenue continues growing, exposing an important difference between historical virtual-currency sales and current player spending.
Lear Corporation (LEA) profit jumps 26% as Mahindra and BYD orders offset weaker vehicle production
Lear Corporation has reported higher quarterly revenue and profit despite declining global vehicle production, supported by new business, cost savings and improved operating performance. Fresh seating awards from Mahindra & Mahindra and BYD strengthen future growth opportunities, but weaker free cash flow and changing customer production schedules complicate the outlook.
McCain Foods expands India manufacturing footprint with Falcon Agrifriz acquisition as frozen potato demand grows
McCain Foods has agreed to acquire Falcon Agrifriz Foods' frozen potato processing business in Gujarat, adding manufacturing capacity, an established agricultural supply network and greater flexibility to serve domestic and international customers.
Affle 3i to acquire Perion for $420m, but its $228m cash balance changes the deal maths
Affle 3i has agreed to acquire Israeli advertising technology company Perion for approximately $420 million, offering shareholders a 34.5% premium and a 40-day opportunity to attract competing bids. The target's $228.3 million cash and investment balance, Affle's financing plans and differences between their advertising business models make the transaction more complex than its headline valuation suggests.
Bharat Electronics (NSE: BEL) near Rs 370: Does a 22% share-price decline finally make its valuation attractive?
Bharat Electronics Limited has delivered strong September-quarter revenue growth, yet its shares remain nearly 22% below their March peak. With a ₹68,717 crore order book, slowing margin growth and a market valuation of approximately ₹2.70 lakh crore, the investment question is whether BEL's earnings outlook can justify a substantial premium even after the correction.
Petronet LNG plans 1mtpa propane sourcing tender for Rs 20,685cr Dahej petrochemical complex
India's leading LNG importer plans to seek long-term propane supplies for its integrated Dahej petrochemical development, expanding its potential sourcing options beyond the Middle East while construction advances towards the planned 2027-28 commissioning window.
India confirms 22 nationals killed in West Asia war, including 14 seafarers, as Gulf attacks continue
India's Ministry of External Affairs says 22 citizens have died in the West Asia conflict since February, including 14 seafarers and three Indian nationals killed in Saudi Arabia.
Coca-Cola Q3 2026 sales reach $13.4bn as volume rises 5%, but North America remains flat
Coca-Cola reported 7% revenue growth and stronger operating margins as global beverage volumes increased 5%. Its latest results reveal a shift towards volume-led growth, although stagnant North American consumption and differences between regional pricing strategies remain important.
Indian rupee at 94.94 per dollar as oil shock threatens bonds and inflation outlook
India's currency and government bond markets face another difficult week as elevated crude oil prices and the Federal Reserve's approaching policy decision test recent RBI stabilisation measures.
Cognizant launches AI Nexus as 72% of enterprises overshoot AI budgets
Cognizant has introduced a platform that measures artificial intelligence spending, monitors performance and governs autonomous workflows across different AI models. The launch addresses growing enterprise concerns about escalating AI costs and uncertain productivity benefits, but its commercial impact remains to be demonstrated.