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MAN Industries Q4 profit surges 182% to ₹68.1 crore

MAN Industries (India) Ltd announced its highest-ever quarterly and annual performance in financial results released Monday. The pipe manufacturer posted a consolidated profit after tax of ₹68.1 crore for Q4FY25, representing a 182.4 per cent increase compared to the same period last year. The company’s Q4 consolidated revenue grew by 50.3 per cent year-on-year to...
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Returns from factor-based investing can be more volatile due to higher retail participation

Factor-based investing is an approach that is catching on among Indian investors. Better awareness among investors, increased regulatory support and data availability are driving this transition in India. Compared with developed markets, momentum and quality have shown relatively strong persistence in India, especially during trending or earnings-driven markets, according to Bhavesh Jain, Co-Head – Factor...
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HCLTech signs European Commission’s AI Pact

HCLTech, a global technology company, announced today that it has signed the European Commission’s AI Pact, committing to responsible AI development and deployment ahead of the EU’s AI Act implementation. The shares of HCL Technologies Limited were trading at ₹1,668.90 up by ₹99.50 or 6.34 per cent on the NSE today at 2.55 pm. The...
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Lina Khan points to Figma IPO as vindication of M&A scrutiny

A surprising figure is celebrating Figma’s successful IPO: Lina Khan, former chair of the Federal Trade Commission. In a Friday afternoon post on X, Khan linked to an article about Figma’s impressive first day of trading and argued the IPO is “a great reminder that letting startups grow into independently successful businesses, rather than be...

Anthropic cuts off OpenAI’s access to its Claude models

Anthropic has revoked OpenAI’s access to its Claude family of AI models, according to a report in Wired. Sources told Wired that OpenAI was connecting Claude to internal tools that allowed the company to compare Claude’s performance to its own models in categories like coding, writing, and safety. TechCrunch has reached out to Anthropic and...

Google bets on STAN, an Indian social gaming platform

Google has backed STAN, an Indian social gaming platform that connects gamers with creators, communities, and publishers. Google’s investment comes as part of an $8.5 million equity funding round, which also saw investment from Japanese gaming giants Bandai Namco Entertainment, Square Enix, and Reazon Holdings. Aptos Labs and King River Capital, as well as existing...

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