Shares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund future computing needs. Major investors and partners like Oracle, CoreWeave, and Arm Holdings saw their stock prices decline. The situation comes as OpenAI prepares for a potential IPO.Read More
The US Federal Reserve opened its two-day meeting on Tuesday with policymakers expected to keep interest rates steady, as the war on Iran’s effects on energy prices and supply chains ripple through the world’s largest economy.Read More
Karnataka Soaps and Detergents Limited reported strong growth with ₹507 crore profit and ₹2016 crore revenue, driven by expansion, product diversification, and efficient operations. The Mysore Sandal brand crossed the ₹2000 crore milestone, marking rapid scaling and improved profitability.Read More
Garden Reach Shipbuilders & Engineers reported strong Q4FY26 growth with net profit rising to ₹303 crore and revenue surging 29 percent. Higher EBITDA, improved margins, and record operational output supported performance, while the board recommended a final dividend for shareholders.Read More
Sebi on Tuesday extended the deadline by six months till October 27 for debenture trustees to comply with the mandate to segregate activities that fall outside the market watchdog’s regulatory ambit.Read More
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