Business

Business

Marvell Lumentum Deal: Marvell to Buy Lumentum for $115 Billion

Marvell Lumentum deal: the chipmaker will buy Lumentum in a $115 billion all-stock deal to grow in AI optical connectivity, closing in H1 2028.

Isha Sharma · 3 days ago · 5 min read

Business

ITC Q2 Results: Profit Falls 18.7% to ₹4,168 Crore on Cigarette Tax

ITC Q2 results: net profit fell 18.7% to ₹4,168.40 crore as cigarette tax hit volumes, while FMCG, agri and paper businesses grew at double digits.

Isha Sharma · 3 days ago · 5 min read

Business

Affle Perion Deal: India’s Affle to Buy Nasdaq-Listed Perion

Affle Perion deal: India’s Affle agrees to buy Nasdaq-listed Perion for $11.70 a share in cash, about $420 million, a 34.5% premium to its last close.

Isha Sharma · 3 days ago · 5 min read

Business

October GST Collections Rise 22.9% to ₹2.31 Lakh Crore on Imports

October GST collections rose 22.9% to ₹2.31 lakh crore as GST on imports jumped 42.2% and net revenue grew 25.6%, provisional Finance Ministry data show.

Isha Sharma · 3 days ago · 5 min read

Business

ExxonMobil Q3 Results: Profit Beats on Refining; $20 Billion Buyback

ExxonMobil Q3 results beat estimates as refining margins surged; adjusted EPS hit $4.23 and the oil major set a $20 billion share buyback for 2027.

Isha Sharma · 3 days ago · 5 min read

Business

NTPC Q2 Results: Profit Rises 38.7% to ₹7,030 Crore; ₹3 Dividend

NTPC Q2 results: consolidated profit rose 38.7% to ₹7,029.56 crore on 21.2% revenue growth; board declared ₹3 interim dividend, record date 6 November.

Isha Sharma · 3 days ago · 5 min read

Business

Intel Shares Plunge 29% on Weak Q4 Outlook, Drag Down Nasdaq

Intel shares plunged about 29% on Friday after weak Q4 guidance, a PC slowdown and an Israel fab blast overshadowed Q3 results and dragged the Nasdaq.

Isha Sharma · 6 days ago · 5 min read