Reliance Retail Ventures Ltd posted modest profit growth as heavy investments in quick commerce impacted margins, despite strong revenue gains. Rapid expansion in hyperlocal delivery, FMCG and store network supported scale, positioning the company for long-term growth and deeper market penetration.Read More
Mukesh Ambani said Jio Platforms IPO plans are advancing, marking a key milestone. Strong growth, rising ARPU and subscriber gains support valuation, with the listing expected to unlock value and become one of India’s largest offerings.Read More
JioStar reported a significant net profit of Rs 3,210 crore for FY26, with operating revenue reaching Rs 31,048 crore. The entertainment arm also saw strong performance in the March 2026 quarter, with 810 million viewers on its TV channels and 500 million monthly active users on JioHotstar.Read More
Avis Budget shares experienced a dramatic 70% plunge, following a massive surge, highlighting meme stock exuberance. This volatility significantly impacted the Dow Jones Transportation Average, a long-standing economic barometer, revealing limitations of its price-weighted structure compared to market-value-weighted indexes.Read More
X-Energy’s Nasdaq debut saw shares surge 30.9%, valuing the Amazon-backed nuclear reactor developer at $11.9 billion. The company raised over $1 billion in its IPO, aiming to deploy its small modular reactors to power AI infrastructure and meet carbon-free energy goals. This marks a significant capital milestone for X-Energy’s ambitious plans.Read More
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