Daily Republic News
- Business
- July 23, 2026
Oracle Stock Reverses Early 5% Surge: Shares Slide To ₹10,391 Despite Yesterday’s 121% Profit Jump
Shares of Oracle Financial Services Software Limited (OFSS) rallied up to 5% on Thursday after the banking software solutions provider reported a more than two-fold rise in first-quarter net profit, powered by aggressive software licensing and cloud software expansion.The stock o Read More
- Business
- July 23, 2026
Alphabet Posts Record 82% Cloud Growth, But $205 Billion Capex Hike and Gemini Delays Send Stock Lower
Alphabet on Wednesday reported its best-ever quarter of growth for its cloud computing division, but faced investor scrutiny after concerns about continued delays to its flagship AI model were aggravated by a $15 billion increase in capital spending plans for 2026.The search gi Read More
- Business
- July 23, 2026
PFRDA New Rules: Pension Funds Now Liable For Third-Party Lapses In NPS
The Pension Fund Regulatory and Development Authority (PFRDA) has enhanced safeguards for National Pension Systems (NPS) subscribers by making pension funds responsible for any lapses by third party entities they engage to operate certain services.The alteration has been notified Read More
- Business
- July 23, 2026
Q1 FY27 Earnings Today: 5 Key Stocks in Focus as IT and Aviation Giants Report Results
Indian stock markets are focusing on corporate earnings on Thursday, with around 60 companies slated to announce their financial performance for the first quarter of fiscal year 2026–27.This major line-up follows a sharp decline in benchmark indices on Wednesday, when the BSE Sen Read More
- Business
- July 23, 2026
Stock Market Opening Bell: Sensex Declines 0.31%, Nifty 50 Falls 0.39% – Here’s Why
Stock Market Outlook: The Indian benchmark stock market bourses, Sensex, and Nifty 50, witnessed a gap down opening on Thursday, July 23 amid rising tensions linked to the ongoing US-Iran war.While Nifty 50 declined 0.39% to 23904.80 level, Sensex fell 0.31% to 76515.10 level. Gi Read More
- Business
- July 22, 2026
Disney Layoffs: Entertainment Giant Cuts Hundreds of Jobs Across Pixar, ESPN, and TV Units
The Walt Disney Company has launched another major round of layoffs, removing several hundred positions across its television, film, and sports divisions as part of an ongoing operational overhaul, according to reports, as employees across Disney Entertainment Television (DET), P Read More
- Business
- July 22, 2026
Induslnd Bank Q1 Result: Private Lender Posts 47% Rise In Net Profit To Rs 1k Cr
The private sector IndusInd Bank posted a 47% jump in its Q1 net profit to Rs 1,037 crore on July 22, aided by a decline in funds set aside for potential bad loans. The lender posted a net profit of Rs 684 crore in the year-ago period.Rajiv Anand, MD and CEO, IndusInd Bank said, Read More
- Business
- July 22, 2026
Dr Reddy’s Q1 FY27 Results: Net Profit Drops 8% to ₹1,290 Crore as US Revenues Decline
Drugmaker Dr. Reddy’s Laboratories reported an 8% drop in consolidated net profit for the June quarter of fiscal year 2026–27, as increased competition and ongoing price erosion in its primary North American market curtailed bottom-line growth.US Market DragThe company posted a c Read More
- Business
- July 22, 2026
Stock Market Closing Bell: Sensex Drops 715 Points as Nifty Closes Below 24,000 Mark
Indian equity benchmarks tumbled for a third straight session on Wednesday, with the headline Nifty 50 breaching the psychological 24,000 mark at the close as geopolitical conflicts in West Asia and fresh US tariff proposals dragged down investor sentiment.Benchmarks Extend Losse Read More
- Business
- July 22, 2026
Eternal Q1 FY27 Results: Consolidated Profit Jumps 268% to ₹92 Crore as Blinkit Drives Growth
Eternal Limited, the parent company of food delivery platform Zomato and quick-commerce engine Blinkit, reported a nearly 3.7-fold jump in consolidated net profit for the first quarter of fiscal year 2026–27, supported by explosive revenue growth in quick commerce.Quick Commerce Read More
