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Tata Elxsi Ltd. gained 0.27 per cent to Rs 6807.15 in Wednesday's session as of 12:07PM (IST) even as the equity benchmark Sensex traded 164.96 points higher at 79120.99. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 9191.1 and a 52-week low of Rs 6406.6 on NSE. Around 1466 shares changed hands on the counter till 12:07PM (IST).

ecommerce enabler, forecasts a 40% surge in online sales for the upcoming festive period, led by a resilient Indian economy, growth of aspirational GenZs, and rise of D2C brands. According to data from GoKwik's network, which includes over 4000 direct-to-consumer (D2C) brands, there has been a 38% increase in Gross Merchandise Value (GMV) and a 49% rise in orders in July compared to June of this year. This early spike suggests that the festive shopping season has begun earlier than usual and is being driven by online shopping. This year, with more shoppers adopting a direct-to-consumer (D2C) approach, an increasing number of Gen Z individuals entering the workforce with disposable income, and a growing emphasis on aspirational purchasing of premium products, GoKwik anticipates a 40% increase in orders during the festive season.

India Independence Day: Partition of India, which marked the end of the British Raj, was a hasty, if not botched, affair, so it may sound strange to know Lord Mountbatten, who literally took Partition through, said he wanted an unified India. He said he tried everything to stop the partition. He even said that he regretted it but had no choice. Speaking to veteran journalist Kuldip Nayar, the last British Viceroy and Governor-General of India accepted that he could not «hold» the country and had to hasten the Independence process, leading to a massacre that killed nearly two million people. Also Read: How a multinational company captured a whole country

Mazagon Dock Shipbuilders on Wednesday reported a 121% YoY jump in its profit after tax (PAT) to Rs 696 crore for the quarter ended June 2024. The same stood at Rs 314.30 crore in the year-ago period. The revenue from operations for the period was reported at Rs 2,357 crore against Rs 2,172.76 crore in the first quarter of the previous financial year. This is an increase of 8.5% on a year-on-year basis.

The assets under management (AUM) of mid-cap funds have surpassed the large-cap funds by a record 60 basis points, according to the data from the Association of Mutual Funds in India (AMFI). Currently, midcap funds constitute 12.9% of the total equity AUM compared with the 12.3% for their large-cap counterparts. With this, the mid-cap funds have become the third-largest fund category after sectoral and flexi-cap funds.

Hero MotoCorp recorded its highest ever quarterly revenue and profit after tax in Q1 FY25 as it reported a 16 per cent revenue growth from the same quarter of the previous year at Rs 10,144 crore and PAT at 1,123 crore, an increase of 36 per cent from Q1 FY24. The revenue touched 10,000 crore in a quarter for the first time in the company’s 40-year history. The company sold 15.35 lakh units in the quarter, an increase of 13.45 per cent from the same quarter of the previous year. “We continue to be on the profitable growth journey, crossing Rs 10,000 crore revenue for the first time ever, accompanied by the highest ever underlying PAT. As we surge forward, we are investing behind long term capability building to ensure sustained delivery of growth in future,” said Niranjan Gupta, CEO, Hero MotoCorp.

Hindustan Aeronautics Ltd (HAL) reported a consolidated net profit of Rs 1,437 crore for the first quarter ended June 2024, marking a 77% increase from Rs 814 crore reported in the same quarter last year. Revenue from operations during the same period increased 11% year-on-year (YoY) to Rs 4,347 crore against Rs 3,915 crore in the corresponding period of last year.

ChatGPT via GPT-4o, with support for 10 new voices and the ability to stop Gemini mid-conversation for a more natural-sounding response.Meanwhile, Google has gone a step further by offering hands-free support with Gemini Live, meaning users can interact with the AI chatbot even when the app is in the background or their phone is locked.Gemini Live is currently rolling out to Gemini Advanced users on Android and will soon be available on iOS. Pixel 9 Pro, Pixel 9 Pro XL and Pixel 9 Pro Fold users will receive one year of free access to Gemini Advanced, meaning they can access Gemini Live for free.Google has launched a special app for its Pixel phones called Pixel Studio, which allows users to bring their creative ideas to life with simple prompts.

Oyo posted a net profit of Rs 229 crore for 2023-24, founder and chief executive Ritesh Agarwal said in a post on X. “One big learning for me over the years is under-promise and over-deliver,” he said, while adding that the net profit had exceeded his earlier estimate of Rs 100 crore. “Now with Rs 0.36 EPS (earnings per share) done, now to Re 1 EPS and beyond at FY25. Lots of improvements still left to do. Proud of what we are building together,” he wrote on the microblogging site.

Siemens Ltd. rose 0.76 per cent to Rs 7021.0 in Wednesday's trade as of 01:04PM (IST) even as the benchmark Nifty ruled at 24176.85, up 37.85 points. The scrip had closed at Rs 6967.45 in the previous session. The stock quoted a 52-week low of Rs 3248.0 and a high of Rs 7974.25. The company quoted a market-cap of Rs 249996.42 crore on the BSE.

Oyo has reported its first-ever profit after tax (PAT) of Rs 229 crore for financial year 2024, according to the company's annual report.

Apollo Hospitals on Wednesday rose 4.2% to its day’s high of Rs 6864.95 on BSE after the company on Tuesday reported a net profit of Rs 305 crore for the first quarter ended June 2024 against Rs 167 crore in the year-ago period. The company’s revenue from operations in the reporting period increased 15% year-on-year (YoY) to Rs 5,086 crore as against Rs 4,418 crore in the last year quarter.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Instead, he was tossed from a car and into a muddy ditch on Dhaka's outskirts — alive, at liberty, and with no knowledge of the national upheaval that had prompted his abrupt release. «That's the first time I got fresh air in eight years,» Quasem, 40, told AFP. «I thought they were going to kill me.»

Samvardhana Motherson International (SAMIL) surged 4.5% to day’s high of Rs 188.75 on BSE after reporting a 65% year-on-year (YoY) jump in consolidated net profit to Rs 994 crore for the June quarter of FY25. The company's revenue increased by 29% YoY to Rs 28,868 crore for the period under review, compared to Rs 22,462 crore in the same quarter of FY24.

United Spirits Ltd. dropped 0.8 per cent to Rs 1391.0 at 11:52AM (IST) in Wednesday's trade. The scrip hit a high of Rs 1407.1 and low of Rs 1391.0 so far during the session. The stock had closed at Rs 1402.35 in the previous session. The counter had a total traded volume of 11:52AM shares so far with a turnover of Rs 0.25 crore on BSE. The stock traded at a price-to-earnings multiple of 71.79 and a price-to-book ratio of 11.55.

South Korean prosecutors have indicted a civil servant for allegedly stealing public funds to buy crypto.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

helicopters and crashed into the rooftop of a Hilton hotel in Australia. Hours before the crash, he had attended a party thrown on his behalf celebrating a promotion, his company said.The incident occurred in the early hours of Monday morning in the popular tourist city of Cairns, a coastal town near Australia’s Great Barrier Reef.

HDFC Asset Management Company Ltd. gained 0.8 per cent to Rs 4178.15 at 10:10AM (IST) in Wednesday's trade. The stock hit a high of Rs 4198.0 and low of Rs 4117.95 so far during the session. The stock had closed at Rs 4144.7 in the previous session. The counter had a total traded volume of 10:10AM shares so far with a turnover of Rs 0.75 crore on BSE. The stock traded at a price-to-earnings multiple of 43.16 and a price-to-book ratio of 11.32.