Taste The Truth – Bite by Bite
Apple plans to shift the assembly of all US-sold iPhone in India by 2026, aiming to produce over 60 million units annually. This move, driven by Trump’s trade war and tariffs on China exceeding 100%, seeks to diversify Apple’s supply chain. Currently, India assembles 20% of global iPhones, with Foxconn and Tata as key partners….
The biggest financial scams in India now include the recent Gensol Engineering case. Gensol faces charges of money laundering, with investigations by Sebi, the Ministry of Corporate Affairs, and the Enforcement Directorate underway. The startup’s share price has plummeted nearly 90% in a year, impacting retail investors. This follows Byju’s collapse last year due to…
The Tech Mahindra Q4 results for FY25 show a revenue decline of 1.2% QoQ to $1,548.8 million, missing expectations due to a BPO deal deferral. Despite this, EBIT margin rose 30 basis points to 10.5%, driven by cost efficiencies under Project Fortius, including pyramid rationalization and automation. Order bookings were strong at $2.7 billion, up…
The Maruti Suzuki Q4 results for FY25 show a record net sales of Rs 40,920 crore, up 6.4% YoY, driven by a 3.5% volume increase to 604,635 units and a 2.7% rise in realisation. Exports grew 8.1%, while domestic sales rose 2.8%. However, net profit dipped 1% to Rs 3,911 crore, and EBITDA margin fell…
Trump tariff policies with 10-145% rates threaten global trade, risking slower growth. Trump’s second term has seen a 10% baseline tariff on all US imports, with Chinese goods facing a 145% rate amid escalating tit-for-tat hikes. His erratic approach—imposing, lifting, and reinstating tariffs—creates uncertainty, risking slower global growth. The EU’s offer for mutual tariff elimination…
RIL Q4: Jio, Retail Shine Despite O2C Dip! The RIL Q4 results for FY25 highlight a 2% YoY rise in net profit to Rs 19,407 crore, with revenue up 9% to Rs 2.61 lakh crore. Jio’s ARPU grew 13% YoY despite flat subscriber additions, boosting digital services by 18%. Reliance Retail saw 16% YoY revenue…
The Nestle India Q4 results for FY25 show record domestic sales of Rs 5,235 crore, up 4.5% YoY, driven by beverages and confectionery growth. Net profit fell 5.2% to Rs 885 crore due to high coffee, cocoa, and milk prices, though EBITDA margins expanded slightly to 25.2%. E-commerce contributed 8.5% to sales, and the pet…
SBI Life Insurance shares soared 9.5% in early trade, leading Nifty 50 gainers, trading at ₹1,707 on the NSE by 9:30 AM on April 25, 2025. The stock hit a high of ₹1,762 after a marginal net profit rise to ₹813.51 crore in Q4 FY25, despite a 5% drop in net premium income to ₹23,860.71…
The Axis Bank Q4 result shows a stable quarter with a net profit of Rs 7,117.5 crore, nearly flat YoY but up 13% sequentially. Loan growth improved by 2.6% QoQ, driven by SME and retail segments, while deposits grew 7% QoQ, easing the credit-to-deposit ratio below 90%. Net interest margin rose to 3.97%, up 4…
Persistent System Shines with Strong Q4 FY25 Performance The Persistent System delivered an impressive Q4 FY25, with revenue growth of 18.8% for the year, reaching $1,409.1M. Q4 marked the 20th straight quarter of growth, driven by BFSI and hi-tech sectors. Margins improved by 70 basis points to 15.6%, with a goal of 200-300 basis points…