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Turning point is here as AI can help Indian media's share in global pie to explode, Uday Shankar says
Despite India's massive media industry, it hasn't achieved global content dominance due to capital constraints, Uday Shankar said. However, he believes AI offers a "once-in-a-generation opportunity" for India to become a content leader by reducing production costs, enhancing consumer interaction, and enabling dynamic commerce, urging the industry to embrace disruption.
Ola Electric to reduce physical stores to 550 by end of March, per media report; Stock down 2%
In December 2024, Ola Electric had announced its network expansion to 4,000 stores across the country.
Mark Zuckerberg grilled in ‘Big Tobacco’ social media trial in Los Angeles – What did Meta chief say? What to know
Meta CEO Mark Zuckerberg testified in a landmark Los Angeles trial, saying the company consulted stakeholders on Instagram beauty filters and disputing claims it set goals to increase engagement.
Palantir Decamps to Miami Co-Working Space in Surprise Move
Palantir Technologies Inc. surprised everyone on Tuesday by announcing it had relocated its headquarters from Denver to Miami in a brief social media post.
Taking Stock: Bulls back in action; Nifty above 23,400, Sensex up 939 pts
On the sectoral front, auto, bank, FMCG, metal up 0.3-1%, while media, oil & gas, pharma, realty, capital goods down 0.5-2.7%.
Taking Stock: Sensex, Nifty slip in volatile trade after RBI policy; banking stocks outperform
Among sectors, Media index gained 3.5%, while PSU Banks, Realty, Consumer Durables, and Healthcare rose 0.5% each. In contrast, Energy, IT, Metal, Oil & Gas, and Telecom indices declined between 0.5% and 1.5%.
Markets extend losing streak to second week; rupee gains, media stocks shine
The Nifty Midcap 100 index snapped two-week gaining streak, falling 1.5 percent, while Nifty Smallcap 100 index ended with almost no change.
Closing Bell: Nifty below 25,200, Sensex tanks 961 pts; realty, metal, FMCG top drag
Nifty Midcap and smallcap indices down 1% each. Dr Reddy's Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma were among the top drags on the Nifty, while gainers were Trent, HCL Tech, Infosys, Apollo Hospitals. Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
Taking Stock: Sensex sinks 961 pts, Nifty below 25,200; auto, FMCG, metal stocks hammered
Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
Taking Stock: Sensex, Nifty end flat as late selling erases gains; metals lead losses
Sectorally, FMCG and private banking stocks outperformed, whereas all other major indices ended in the red, with media, realty, energy, metal, oil & gas, and PSU bank indices falling 1-2%.
Cipla targets $1 billion US run-rate, guides 18.5–20% Ebitda margin for FY27
“We are expecting that we will be crossing a run rate of $1 billion by the end of FY27,” Managing Director and Global CEO Achin Gupta said in a recent media interaction, underscoring confidence in the company’s pipeline-led recovery.
Nestle India declines over 3% after FSSAI issues notice over alleged insect detection in Maggi
According to an ANI report, FSSAI has taken cognizance of complaints circulating on social media and issued notices to multiple companies