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Moody’s estimates that higher US H-1B visa fees could raise costs for Indian IT majors by $100 million to $250 million, or about 1% of revenues. While large firms can absorb the impact due to strong margins and cash reserves, smaller companies may face pressure amid rising AI investments.Read More

Hindustan Unilever Ltd (HUL) reported quarterly revenues largely in line with expectations, while its margins surprised investors by exceeding forecasts. This upside in profitability was attributed to improving trends in key segments and the gradual impact of GST rate cuts, offering some comfort amid a challenging consumption environment.Read More

Japan’s SoftBank Group said on Thursday it logged a net profit of 248.6 billion yen ($1.62 billion) in the October-December quarter, boosted by the rising valuation of its investment ‌in OpenAI.Read More

HAL Q3 Results: Revenue from operations in the December quarter increased 11% YoY to Rs 7,699 crore, compared with Rs 6,957 crore in the same quarter last year.Read More

Bitcoin bounced back to $67,000 mark after dipping to $65,000 yesterday. Strong U.S. jobs data reduced expectations of an early interest rate cut. Major altcoins saw mixed movements. Bitcoin and Ethereum experienced slight declines. Institutional demand through ETFs continues to support prices. Investors are watching upcoming inflation data for further market direction.Read More