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Deepak Rastogi replaces Harish Abichandani as Ola Electric CFO immediately, amid dwindling sales and market share at the Bhavish Aggarwal-led company.
OpenAI last week said it would start showing ads in ChatGPT to some U.S. users, ramping up efforts to generate revenue from the AI chatbot
LTIMindtree shares tumbled nearly 7% after it reported an 11% year-on-year net profit decline in Q3, largely due to a one-time Rs 590 crore charge from new labor codes. Excluding this, adjusted profit rose 29% YoY. Revenue increased 12% YoY to Rs 10,781 crore, with management highlighting a strong performance driven by AI strategy and deal wins.
Shadowfax Technologies' Rs 1,907-crore IPO opens Tuesday, aiming to tap into India's e-commerce growth. The logistics firm, valued at Rs 7,169 crore pre-IPO, offers a fresh issue and an offer for sale. Despite strong revenue growth, brokerages express caution due to rich valuations and thin profitability.
Budget 2026 expectations: The government had in the past considered the option of one uniform ITR form for all taxpayers, to make tax filing simpler and user friendly. It is desirable that the same be re-evaluated.
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