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BusinessPhoto: News18Hi BusinessHFCL reported a 144% year-on-year revenue increase in the September quarter, with net profit (PAT) surging 435% compared to last year and 59% from the previous quarter. Strong results and a robust order book have led Nuvama Institutional Equities to recommend investing in this multibagger stock, expecting a further 53% price rise after a 290% jump this year.
News18Hi Business·
PoliticsPhoto: News18 WorldUS Vice President JD Vance stated he will not endorse Israeli Prime Minister Benjamin Netanyahu ahead of Israel’s October 27 parliamentary elections, distancing himself from President Donald Trump who publicly supports Netanyahu. Vance emphasized his focus on endorsing American candidates for the US midterms and declined involvement in Israeli elections during an interview with journalist Mark Halperin.
News18 World·
PoliticsPhoto: HT WorldKing Charles III praised Oman's peacemaking efforts in the Middle East as Sultan Haitham bin Tariq began the first state visit by an Omani ruler to the UK in 44 years. At a Windsor Castle banquet, Charles highlighted Oman's role in reopening the Strait of Hormuz and its constructive neutrality amid the US-Iran conflict. The Sultan is set to meet UK Prime Minister in Downing Street.
HT World··London
BusinessPhoto: ET MarketsUS stocks closed higher on Tuesday, led by gains in the Dow as investors favored healthcare and value stocks. The S&P 500 also rose, while the Nasdaq declined slightly as technology stocks took a breather after recent gains. Healthcare shares and small-cap stocks outperformed, along with defensive sectors, reflecting a shift in investor focus.
ET Markets·
BusinessPhoto: ET MarketsSpaceX reported a 161% year-on-year revenue increase in Q3, reaching $14.6 billion and surpassing analyst estimates of $12.72 billion. The growth was driven by its artificial intelligence business and steady expansion of the Starlink satellite internet service. SpaceX primarily earns AI revenue by leasing data-center computing capacity to developers like Anthropic and Google, supporting CEO Elon Musk's AI ambitions.
ET Markets·
WorldPhoto: TOI WorldA New York father of Indian origin, who works as an Uber driver, is seeking financial help on GoFundMe to arrange his five-year-old daughter's funeral. The child was found dead at their Queens home, and the mother has been charged with murder after allegedly confessing to a 911 dispatcher, "I killed my daughter."
TOI World··New York
News18Hi Business·
Photo: News18Hi BusinessHFCL reported a 144% year-on-year revenue increase in the September quarter, with net profit (PAT) surging 435% compared to last year and 59% from the previous quarter. Strong results and a robust order book have led Nuvama Institutional Equities to recommend investing in this multibagger stock, expecting a further 53% price rise after a 290% jump this year.
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