7h ago
TPL Plastech sets Sept 22, 2026 AGM; seeks approval for ₹925 crore related-party deals
TPL Plastech said it will hold its annual general meeting on September 22, 2026 to consider, among other items, a final dividend of ₹1.30 per share. The company is seeking shareholder approval for related-party transactions with holding company Time Technoplast of up to ₹925 crore, as well as a cap of ₹260 crore for dealings with Avion Exim. In FY26, revenue rose 20.96% to ₹42,255.33 lakh and net profit increased 23.20% to ₹2,907.24 lakh.
7h ago
11h ago
Fed-watched inflation gauge holds at 3.7% in July as Chair Warsh flags possible rate hikes
A Commerce Department report showed the inflation measure closely watched by the Federal Reserve rose 3.7% in July from a year earlier, unchanged from June and well above the Fed’s 2% target. Federal Reserve Chair Kevin Warsh said inflation remains too high and suggested interest rates may need to rise in the coming months. U.S. gasoline prices climbed above $4 per gallon, while economic growth slowed to a 1.5% pace. Persistently high inflation continues to squeeze U.S. households.
11h ago
11h ago
Charles Schwab expands crypto push as $13 TRILLION firm rolls out spot and 24/7 futures trading
Charles Schwab, which oversees $13 TRILLION in assets, is accelerating its push into crypto through its Schwab Crypto offering. The platform has enabled direct Bitcoin and Ethereum trading and said it will list $SOL, avalanche2:native and $LINK. It has also launched 24/7 futures on Bitcoin, Ethereum, Solana and ripple:native, and pledged to support crypto transfers in and out of accounts. The firm is reportedly targeting a mid2027 launch of a service for financial advisors that could open $5.7 TRILLION in managed assets to crypto, and it says one-third of its new clients are Gen Z.
SOL
SOL+0.90%
11h ago
12h ago
SanDisk reports layoffs at Israel R&D sites as fiscal Q4 revenue jumps 372% to $8.97 billion
SanDisk has cut dozens of development roles at its Israel R&D centers while posting a sharp jump in fiscal Q4 revenue to $8.97 billion and data center revenue of $2.98 billion. The company said it expects as much as $10.8 billion in revenue this quarter and is targeting roughly 80% gross margins and mid-to-high-teens revenue growth through fiscal 2030. Shares have surged 2,809% over the past year, and the stock trades at 7.18 times forward earnings versus a sector average of 23.21 times.
12h ago