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Mahindra & Mahindra Q2 Results: Standalone Profit Climbs 18% to ₹4,521 Crore

Group revenue rises 22% to ₹46,106 crore; SUV and tractor segments post strong gains Mahindra & Mahindra (M&M) reported robust second-quarter (Q2 FY26) results, driven by strong performances across its automotive and farm equipment businesses. The company’s standalone profit after tax (PAT) grew 18% year-on-year to ₹4,521 crore, while revenue from operations rose 21% to ₹35,080 crore. On a consolidated basis, M&M posted a 22% increase in … Read more

Diageo to Sell Royal Challengers Bengaluru Franchise Following Historic IPL Win

Global alcoholic beverages major Diageo has announced plans to divest its stake in Royal Challengers Sports Private Limited (RCSPL) – the wholly owned subsidiary that manages the Royal Challengers Bengaluru (RCB) teams in both the Indian Premier League (IPL) and the Women’s Premier League (WPL). The decision comes shortly after RCB’s maiden IPL championship win, marking a major milestone for the franchise. The divestment … Read more

Formula 1 and Heineken Expand Global Partnership with Multi-Year Renewal

Formula 1 has announced an expanded multi-year global partnership with Heineken, marking nearly a decade of collaboration between the two iconic brands. Since joining forces in 2016, Heineken® has played a pivotal role in enhancing fan experiences both on and off the track through immersive activations, pop-up bars, and premium hospitality events. As part of the … Read more

DoubleVerify launches DV AI Verification to help advertisers navigate AI-driven media environments

DoubleVerify (DV), a global software platform for media quality verification and ad performance optimization, has introduced DV AI Verification, a new suite of tools designed to help advertisers manage AI-driven interactions and steer clear of low-quality AI-generated content. The launch underscores DV’s commitment to building trust and transparency in an increasingly AI-influenced advertising landscape. “From declared … Read more

Snap shares surge 25% after $400 million Perplexity AI deal and strong Q3 results

Snap Inc. shares jumped over 25% in extended trading on Wednesday after the company announced $400 million partnership with Perplexity AI and reported stronger-than-expected third-quarter earnings. Under the deal, Perplexity will pay Snap $400 million over one year in cash and equity. The collaboration aims to integrate Perplexity’s answer-engine into Snapchat’s Chat interface by 2026, enhancing user interaction through … Read more