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Following the eyewear retailer’s announcement of a good operating performance for the fourth quarter of FY26, which was bolstered by robust revenue growth, store expansion, and increased premiumization, shares of Lenskart Solutions rose nearly 7% in early trading on Thursday. Before reducing gains, the stock reached an intraday high of Rs 517 after opening at Rs 513 on the National Stock Exchange. The stock was up 1.5% at Rs 495 at 9.35 a.m. Nearly 9.6 million shares were traded in the first 20 minutes of trading, demonstrating the continued strength of trading volumes. Emkay Retains ‘Buy’ Emkay Global Financial Services…

According to a Bloomberg article, Meta has started informing thousands of workers worldwide about new layoffs as part of a reorganization initiative meant to reduce expenses while significantly increasing expenditures in artificial intelligence. Employees in Singapore, one of Meta’s major Asian centers, began receiving notifications at around 4 a.m. local time on Wednesday. According to an internal memo obtained by Bloomberg News, employees in the US and Europe are anticipated to be notified during their respective mornings. As the process progresses, employees have been encouraged to work from home. Engineering and Product Teams Face Major Impact According to those familiar…

On May 25, Oppo plans to introduce the Oppo Reno 16 series in China. The Oppo Reno 16 and Oppo Reno 16 Pro smartphones are anticipated to be part of the portfolio. Alongside the Oppo Pad 6, Oppo Enco Air 5s, and Oppo Bubble, a selfie display attachment, the series will make its debut. To enhance consumer enthusiasm, the brand has begun teasing the next smartphones ahead of the launch of the Reno 16 series. Pre-orders for the series are already being accepted in China, and it will be available in a variety of colors and storage configurations. Expected features…

On May 22, 2026, Realme plans to introduce the Realme 16T, a new smartphone, in India. Just ahead of the launch, images of the phone’s retail box have surfaced online. According to these pictures, the device’s MRP is ₹55,999. The MRP listed on the retail box and the phone’s actual selling price can varies significantly, so even if this price tag might look very high on paper, there’s no reason to fear. Let’s examine the phone’s official specs, leaked features, and possible actual cost in more detail in this post. What Features Have Been Leaked? The Realme 16T might be…

In the midst of ongoing volatility in the world’s crude markets and geopolitical concerns in West Asia, the stock prices of India’s oil marketing companies (OMCs) showed uneven movement even as the price of petrol and diesel was raised for the second time in less than a week. Crude Price Swings and West Asian Tensions Shape OMC Outlook Due to favorable sentiment in domestic benchmark indices, shares of Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) opened nearly 2% higher. HPCL was up 2.15 percent at Rs 366.50 on the NSE, IOC was…

Even though the company’s full-year profit after tax more than quadrupled due to increased revenues and operational success, ReNew Energy Global reported a more than 75% fall in net profit for the fourth quarter of FY26. The business’s net profit for the quarter ended March 2026 decreased to Rs 77.7 crore, down from Rs 313.7 crore reported in Q4FY25, according to a press release released on Monday. FY26 Profit More Than Doubles, Q4 Income Increases ReNew Energy’s overall income for Q4FY26 climbed to Rs 3,954.8 crore from Rs 3,439.1 crore in the same quarter of the prior fiscal year, despite…

In an effort to improve its battery energy storage system (BESS) capabilities and expand renewable energy infrastructure in India, Reliance Industries is in talks with a number of international battery component makers, including China-based battery behemoth CATL. Sourcing essential parts for large-scale battery storage systems, which are anticipated to be crucial to Reliance’s larger clean energy goals, is the main topic of discussion. In light of the growing need for energy storage solutions connected to the growth of renewable energy, the company is considering collaborations with several foreign companies for battery system components. Reliance Plans to Increase Battery Storage By…

Due to increased profitability and better operational performance, Indian Oil Corporation (IOC) reported a 78% year-over-year increase in consolidated net profit to Rs 14,458 crore in the March quarter (Q4FY26) from Rs 8,124 crore in the same quarter of the prior fiscal year. While revenue from operations increased 7% to Rs 2,36,899 crore in Q4FY26 from Rs 2,21,360 crore in the same period last year, the parent company’s profit attributable to equity shareholders improved significantly throughout the quarter. In Q4, Revenue Growth and Margins Improve Sequentially, IOC’s revenue increased by just 0.27 percent from Rs 2,36,257 crore in the October–December…

In 2026, the Indian EV market is expected to grow dramatically as manufacturers release a range of entry-level, mass-market, and high-end electric SUVs. As EV usage increases, it is evident that higher range, adaptable platforms, and feature-rich products are the main priorities. Maruti e Vitara: up to 543km range, dual battery options Tata Sierra EV: 450-500km range, premium positioning Kia Syros EV: compact, mass-market electric SUV Hyundai Inster EV: 300km+ range, entry-level focus Škoda Elroq: up to 570km WLTP range, AWD and RWD options Four major EVs are anticipated in 2026. Tata Sierra EV An historic Tata nameplate is making…

In an effort to strengthen its position in India’s rapidly developing financial services industry, TVS Motor Company will pay Rs 193.3 crore to purchase a 4.9% share in Jana Small Finance Bank. According to an exchange filing, TVS Motor’s investment committee has authorized the acquisition of 51.6 lakh equity shares from Jana Holdings via a share purchase agreement. Subject to standard closing conditions, the transaction is anticipated to be finished in three months. Concurrently, the TVS Venu company intends to increase its overall stake in Jana Small Finance Bank to a completely diluted 9.9 percent. Primary warrant subscriptions and secondary…