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IPO-Bound Fractal Analytics’ H1 FY26 Profit Dips 2.7% To ₹71 Cr

IPO-Bound Fractal Analytics’ H1 FY26 Profit Dips 2.7% To ₹71 Cr

AI and advanced analytics firm Fractal Analytics’ net profit for the six months ended September 30, 2025 (H1 FY26) declined 2.7% to ₹70.9 Cr from ₹72.9 Cr in the corresponding period last year, on the back of higher tax outgo during the period under review. The company’s operating revenue rose 19.8% to ₹1,559 Cr in H1 FY26 from ₹1,300.1 Cr in the year-ago period. Including other income, total income increased 20.5% YoY to ₹1,594.3 Cr from ₹1,322.6 Cr in H1 FY25.  Meanwhile, total expenses grew 15.9% to ₹1,446.2 Cr in H1 FY26 from ₹1,248.1 Cr in H1 FY25. The company had a tax outgo of ₹27.9 Cr during the period under review as against a tax credit of ₹22.8 Cr in H1 FY25.  EBITDA for the period zoomed 41.7% to ₹185.6 Cr from ₹131 Cr during the same period last year. EBITDA margin expanded to 11.9% in H1 FY26 from 10.1% last year.  The H1 FY26 performance follows a strong turnaround in FY25, when the company returned to profitability. It posted a consolidated net profit of ₹220.6 Cr as against a loss of ₹54.7 Cr in FY24. Operating revenue grew 25.9% YoY to ₹2,765.4 Cr in FY25. Founded in 2000,…  ​Read MoreInc42 Media

Wells Fargo Expands Layoffs, Pushing Total 2026 Job Cuts Past 100

Wells Fargo Expands Layoffs, Pushing Total 2026 Job Cuts Past 100

In its ongoing multi-year campaign to reduce its employment, Wells Fargo has announced yet another wave of layoffs. Hence, bringing the total number of employees expected to lose their jobs in 2026 to over 100. According to the Des Moines Register, the lender has informed 49 employees of their impending layoffs. The notices take effect on April 4, according to documents filed on Iowa’s WARN website.There have been 147 declared layoffs at Wells Fargo this year, following four waves in January, February, and March. The most recent round brings the total to 147. Part of a larger trend of staff restructuring at the San Francisco-based bank, the layoffs are happening now. According to the Des Moines Register, the most recent listing brings the grand total of seven rounds of publicised layoffs since September to 224.Why Wells Fargo Laying Off Employees?A media request for comment regarding the most recent batch was not promptly addressed by Wells Fargo. A bank representative has previously stated, however, that the institution routinely assesses and changes personnel numbers in response to market circumstances. When feasible, it seeks out internal opportunities to keep impacted individuals on staff.The organisation offers severance packages and career counselling in cases when…  ​Read MoreStartupTalky- Business News, Insights and Stories

Anthropic rolls out upgraded Claude Opus model with improved coding and agentic AI skills

Anthropic rolls out upgraded Claude Opus model with improved coding and agentic AI skills

Anthropic has released Claude Opus 4.6, an upgrade to its flagship AI model with improved coding skills and the ability to sustain agentic tasks. The San Francisco-based AI startup said the new model can plan more carefully and sustain agentic tasks—wherein the AI operates autonomously to achieve a goal—for longer periods than its predecessor Opus 4.5. It can also operate more reliably in larger codebases and has better code review and debugging skills to catch its own mistakes, the company said. Anthropic claims Opus 4.6 outperforms competitors on several industry benchmarks. On GDPval-AA, a test measuring performance in economically valuable tasks across finance and law, the company reported Opus 4.6 scored approximately 144 Elo points higher than the next-best model, OpenAI’s GPT-5.2.Also ReadAnthropic taps former Microsoft exec Irina Ghose to head India businessThe release comprises several new features aimed at enterprise and developer workflows, including Agent Teams, a research preview within Claude Code that allows users to deploy multiple AI agents that split tasks and coordinate autonomously. PowerPoint integration enables AI to read layouts and slide masters to generate presentations, while the 1 million token context window, now in beta, allows the model to process significantly larger documents and datasets.Anthropic…  ​Read More​YourStory RSS Feed

Why managing your energy matters more than managing time

Why managing your energy matters more than managing time

There comes a moment in life when you realise something subtle but powerful has changed. It’s not that you suddenly have less time—everyone has the same twenty-four hours. It’s that your energy no longer stretches the way it used to. Late nights cost more. Constant availability feels draining. Saying yes too often leaves you empty rather than accomplished.This realisation doesn’t arrive dramatically. It shows up quietly—when your body resists overcommitment, when your mind feels foggy after a long day of obligations, when rest becomes more precious than extra productivity. You begin to understand that time can be scheduled, tracked, and managed. Energy cannot.Energy is what allows you to show up fully—to think clearly, feel deeply, and act intentionally. And once you recognise that your energy is finite, you stop measuring your life by how busy you are and start measuring it by how aligned you feel.This is the shift from time management to energy awareness. And it changes everything.Why energy alignment matters more than busyness1. Time is fixed, energy is notTime is constant. No matter how efficient you are, you cannot create more of it. Energy, however, fluctuates. It rises and falls based on sleep, stress, emotions, environment, and mental…  ​Read More​YourStory RSS Feed

Microsoft Announces Shutdown of EWS in Exchange Online, Migration Deadline Set for April 2027

Microsoft Announces Shutdown of EWS in Exchange Online, Migration Deadline Set for April 2027

By April of 2027, Exchange Web Services (EWS) in Exchange Online will be permanently discontinued by Microsoft. Consequently, the transition from older email integration systems to the more modern Microsoft Graph platform is progressing at a faster pace. The Exchange Team said in a blog post dated 5 February that EWS will be turned off in stages, one tenant at a time, starting in October 2026 and culminating in a full shutdown in 2027.No changes will be made to Exchange Server installations that are hosted on-premises; this update solely affects Microsoft 365 and Exchange Online. For almost twenty years, businesses and third-party developers have relied on EWS to link their apps to Exchange mailboxes. According to Microsoft, the service is outdated and cannot keep up with current standards for dependability, scalability, and security.Microsoft Graph to Take OverThe corporation made note of the fact that, for the majority of EWS use cases, Microsoft Graph now has feature matching that is close to fully utilised. The older design has already been abandoned by many applications, including Microsoft’s own products. Additional administrative restrictions will be implemented by Microsoft under the new strategy. To ensure that only authorised applications have access to EWS, a…  ​Read MoreStartupTalky- Business News, Insights and Stories

RBI Proposes ₹25,000 Compensation For Cyber Fraud Victims

RBI Proposes ₹25,000 Compensation For Cyber Fraud Victims

Amid rising cases of digital frauds, the Reserve Bank of India (RBI) has proposed compensating up to ₹25,000 to customers who lose money to small-value fraudulent transactions, governor Sanjay Malhotra said.  “We will also publish a discussion paper on possible measures to enhance the safety of digital payments. Such measures may include lagged credits and additional authentication for specific classes of users like senior citizens,” the governor said after the meeting of the central bank’s Monetary Policy Committee (MPC). In a bid to protect customers from cyber frauds, the RBI also plans to review the framework to limit customer liability in digital transactions. “The extant instructions on limiting the liability of customers in unauthorised electronic banking transactions were issued in 2017, which deal with scenarios and timelines for zero / limited liability of a customer. In view of the rapid adoption of technology in the banking sector and payments systems, since issuance of these instructions, the existing instructions have been reviewed. Accordingly, the draft revised instructions, including a framework for compensation in case of small-value fraudulent transactions, shall be issued shortly for public consultation,” the RBI said in its statement on developmental and regulatory policies. This comes at a time…  ​Read MoreInc42 Media

Zappfresh Enters Frozen Veg Snacks Segment, Commits ₹10 Cr Investment

Zappfresh Enters Frozen Veg Snacks Segment, Commits ₹10 Cr Investment

Delhi NCR-based meat delivery company Zappfresh has entered into the frozen vegetarian snacks category, under the brand name “Meevaa Foods”, as part of scaling its ready-to-eat food category expansion. Meevaa Foods products will be available in the markets of Delhi NCR from February 9, followed by Mumbai and Bengaluru from March 1. In a statement, Zappfresh said that it has earmarked a capital infusion of ₹10 Cr to scale its frozen food operations over the next two to three years. The company intends to roll out 12 frozen veg products including samosas, momos, kebabs and patties as Meevaa Foods’ pilot. It also plans to introduce additional products every quarter based on the nature of demand. Zappfresh expects imports and exports to account for around 15-20% of its frozen food volumes. The development comes shortly after the company acquired a controlling stake in Avyom Foodtech with a capital infusion of INR 7.5 Cr via private placement. The subsidiary, which was also founded by Zappfresh cofounder Deepanshu Manchanda, subsequently entered into a binding agreement with RTC brand Ambrozia Frozen Foods to acquire its food processing business via a slump sale. “Our recent acquisition in the frozen and processed foods segment enabled us…  ​Read MoreInc42 Media

Why valuing peace over productivity changes everything

Why valuing peace over productivity changes everything

There comes a point when being busy no longer feels impressive. The long to-do lists, the back-to-back commitments, the constant push to optimise every hour—what once felt purposeful begins to feel heavy. You’re still getting things done, but something inside you feels unsettled. Rest doesn’t refresh you the way it used to. Achievements bring relief, not joy.This is often the moment when people begin questioning the productivity-first mindset they’ve been living in. Not because they’ve become lazy or unambitious, but because they’ve realised that constant output comes at a cost. Peace—real, lasting peace—has been missing.Valuing peace over constant productivity doesn’t mean giving up on goals. It means redefining success. It means choosing mental clarity over constant urgency, presence over performance, and sustainability over speed. And once this shift begins, the way you work, rest, and live starts to change in meaningful ways.The quiet shift from constant productivity to peace1. Productivity without peace leads to burnoutProductivity is useful, but when it becomes constant, it turns into pressure. There is always something more to do, something to improve, something unfinished. Without space to pause, the mind never truly rests.This relentless pace slowly drains emotional and mental energy. You may still function, but…  ​Read More​YourStory RSS Feed

Startup news and updates: Daily roundup (February 6, 2026)

Startup news and updates: Daily roundup (February 6, 2026)

From the government’s efforts in incubating deeptech startups in the country to Dassault’s executives’ focus on private capital and policy in building startups, today’s roundup captures key shifts shaping business and innovation.Featured stories In Erode’s hills, a solar mill is helping tribal farmers reclaim milletIn hilly regions in Tamil Nadu where electricity is scarce, and millets have long been grown only for survival, a solar-powered mill is reshaping how tribal farmers earn from their crops.On most days, sunlight is the only reliable power source in Kunri, a small tribal village near Kadambur in Tamil Nadu’s Erode district. In the hilly landscape close to the Sathyamangalam Tiger Reserve, electricity has long been patchy or doesn’t exist at all. For generations, tribal families consumed mostly millets, which grew well on these terrains, but never had a chance to make a livelihood out of these crops.A Rs 23.5-lakh solar-powered millet processing centre, launched in December in Kunri, is changing how tribal farmers engage with their harvests. Designed and set up by Oscar Solar Pump, the unit has a metal container fitted with solar panels and machines that clean, destone, dry, and mill ragi and thinai. This has allowed the farmers to process millets…  ​Read More​YourStory RSS Feed

PhysicsWallah Q3 FY26 Revenue Jumps 34%, Profit Rises 33% as Edtech Growth Continues

PhysicsWallah Q3 FY26 Revenue Jumps 34%, Profit Rises 33% as Edtech Growth Continues

Edtech company PhysicsWallah reported a strong set of financial results for the third quarter of FY26, showing solid growth in both revenue and profitability. The Noida-based education platform, which went public in November 2025, continues to strengthen its position in India’s competitive online and offline education market.For the quarter ended 31 December 2025, the edtech unicorn delivered higher income, improved profits, and stable margins, supported by rising student enrolments, offline centre expansion, and growing demand for digital learning services.PhysicsWallah Q3 FY26 Financial Results Snapshot MetricQ3 FY26Q3 FY25YoY ChangeRevenue from Operations₹1,082 crore₹809.7 crore+34%Net Profit₹102.3 crore₹76.7 crore+33%EBITDA (Adjusted)₹351.2 crore₹266.4 crore*+32%*EBITDA Margin~32%~33%*StableTotal Expenses₹979.9 crore₹736.6 crore+33%Online Enrolments (9M FY26)3.96 million3.30 million+20%Offline Centres (as of Dec 2025)318 centres234 centres*+36%* PhysicsWallah Q3 FY26 Financial Performance: Revenue, Profit and ExpensesPhysicsWallah reported operating revenue of ₹1,082 crore in Q3 FY26, registering a 34% year-on-year growth compared to ₹809.7 crore in the same quarter last year. The growth was driven by higher paid subscriptions, expansion of offline learning centres, and wider course offerings across exam preparation and school education segments.The company’s net profit increased by 33% year-on-year to ₹102.3 crore, up from ₹76.7 crore in Q3 FY25. On a quarter-on-quarter basis, profit also improved from ₹69.7 crore in Q2…  ​Read MoreStartupTalky- Business News, Insights and Stories

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