4h 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.
4h ago
8h 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.
8h ago
8h 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+1.42%
8h ago
8h 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.
8h ago
12h ago
SEC proposes rules to ease crypto holdings for investment firms as BTC hits a 3-month high
The U.S. Securities and Exchange Commission has proposed new rules aimed at simplifying how investment firms can hold cryptocurrencies. The proposal seeks to provide a clearer regulatory framework for the broader crypto market. It could lower compliance and custody barriers for traditional financial institutions, potentially drawing more institutional capital into the sector. The move is being viewed as a signal of a more constructive regulatory environment.
BTC
BTC+0.68%
12h ago