AD REVENUE
Digital gains fail to offset TV ad slump, sports costs squeeze broadcasters
India's broadcasters continue to expand their digital and subscription businesses, which is not sufficient to offset declining ad revenues. The traditional television sector has been affected by decreasing pay-TV connections and a shift to digital advertising. Companies like JioStar, Zee Entertainment, and Sun TV Network reported mixed financial results amid these challenges. Subscription growth remained strong, but increased programming costs have impacted profitability significantly.
Berger Paints Q2 profit lags revenue growth on higher costs
Berger Paints India recorded a consolidated net profit of ₹217.1 crore for the September quarter. Revenue from operations increased by 13.2% to ₹3,200.4 crore during the same period. The profit growth was affected by rising raw material costs and increased advertisement spending, leading to squeezed margins. Consolidated earnings before interest, tax, depreciation and amortisation rose to ₹370.7 crore. The company implemented staggered price hikes to address ongoing raw material inflation.
Amagi’s Q2 revenue grows 27% to Rs 476 crore, profit spikes nearly 30x
The Bengaluru-based company, which provides cloud-based solutions to broadcasters and streaming platforms, reported a 114% increase in adjusted Ebitda to Rs 89 crore in Q2 FY27, from Rs 42 crore in the year-ago quarter. Its adjusted Ebitda margin expanded to 18.7% from 11.1% a year earlier.
AI shopping agents could threaten Amazon and Walmart's ad business
Retail powerhouses Walmart and Amazon are also the world's two largest retail media businesses, dominating the estimated $74.4 billion in US retail media spending with a combined 88% share of that market, according to projections from data firm Emarketer. But digital assistants could soon disrupt that business.
Firm It Up, Don't Junk It: India needs a more predictable capital gains tax regime to deepen equity markets
India's capital markets have seen significant changes, with millions of households participating in equity investing. The current tax framework needs to evolve to encourage better investment behavior among participants. A predictable and neutral tax system can foster deeper domestic participation in capital markets. Implementing a graduated tax rate could motivate investors to hold their investments longer. Adjusting the capital gains tax structure could align taxation with economic returns for investors.
ShareChat’s FY26 revenue jumps 40% to Rs 1,016 crore on microdrama push; net loss widens
However, its loss before tax widened to Rs 1,978 crore in FY26 from Rs 1,105 crore in the previous year, largely due to higher accounting expenses related to its convertible debt instruments, forex losses and employee stock ownership plans (ESOPs), cofounder and CFO Manohar Singh Charan told ET.
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Deep use cases vault India to ChatGPT’s top global market: OpenAI's India MD
During a visit to India last year, the ChatGPT maker’s cofounder Sam Altman said that India was the fastest growing market for the frontier lab and was already the second largest in terms of users globally. Market estimates had earlier put the India user base at 100 million.
SaaS firm Capillary’s AI platform drives new customer wins, revenue grows 51%
Capillary’s aiRA (AI-powered Research Assistant) is an AI agent for enterprise brands that helps connect customer data across platforms and identifies opportunities to acquire, convert, retain and reactivate customers. It also executes campaigns through existing marketing tools, with human approval. It works with data from platforms such as Salesforce, Snowflake, Databricks, Google Ads and Meta, according to the investor presentation.
Wall Street tech rout deepens on doubts over AI spending
Major US tech stocks have taken a hit as investors react to underwhelming earnings and worries about AI spending. Giants like Microsoft, Amazon, and Alphabet revealed hefty investments in AI systems along with rising debt. Intel's troubles intensified with a disappointing revenue outlook, driven by costly components and fierce rivalry.
Varun Beverages shares fall over 4% as Q3 margin pressure weighs despite a 33% YoY revenue growth
Varun Beverages reported strong Q3 CY2026 revenue, profit and volume growth, but its shares fell as higher packaging costs weighed on margins. EBITDA margin declined 140 basis points year-on-year, while the company announced an interim dividend of Rs 0.50 per share.
Low-sugar fizz, high-cost squeeze: Varun Beverages battles margin pressure
Varun Beverages reported a contraction in gross and EBITDA margins during Q3 CY2026 despite strong revenue growth. The company's revenue from operations increased significantly, driven by robust sales volumes and premium product offerings. Higher packaging costs and a rise in costs of raw materials negatively impacted their margins. However, the shift towards low-sugar products positively influenced sales volume contributions.
Reddit posts search traffic declines, will push visitor sign-ins to curb data scraping
Reddit CEO Steve Huffman outlined a plan on Thursday to make signing-in mandatory for most content as the company grapples with data scraping and declining search referral traffic in recent months.
Alphabet’s AI risks deepen as filing reveals $98 billion in commitments beyond the $1 trillion spending
In a recent regulatory disclosure, Alphabet reveals financial risks linked to its massive AI investments that surpass $1 trillion. The firm might be burdened with nearly $98.5 billion in contingent commitments, including data center leases and chip system repurchases. There are growing apprehensions about the sustainability of Google Cloud's expansion due to a substantial backlog from its collaboration with Blackstone.
Why did Alphabet stock crash 10% as Microsoft shares rose nearly 4%? Google parent may face its worst post-earnings drop ever as search ads slow and cash flow turns negative
Alphabet (GOOGL) stock falls 10% after Q3 earnings: Alphabet, Google’s parent, saw its shares drop over 10% in US premarket trade on Thursday after weak September quarter results. Search ad revenue grew 12%, slower than 17% last quarter, and free cash flow turned negative at $9.07 billion. Microsoft shares rose nearly 4%. Morningstar raised its fair value estimate for Alphabet to $450 and calls the stock attractively priced.
Big Tech earnings: Microsoft, Google see cloud revenues surge
Microsoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35.1 billion analysts had forecast, according to FactSet.
TRAI’s internet TV proposal raises concerns over wider OTT regulation, say legal experts
The Telecom Regulatory Authority of India has proposed a new framework for internet-based linear television distribution. This recommendation could broaden the interpretation of the Telecommunications Act and affect other digital content. Legal experts express concerns over TRAI's jurisdiction regarding OTT services and the implications for freedom of speech. The Ministry of Information and Broadcasting must decide whether to adopt these recommendations.
Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious
Meesho shares fell nearly 3% after Q2 FY27 net loss narrowed 68% year-on-year to Rs 132 crore, while revenue rose 34% to Rs 4,132 crore. Brokerages remained divided, with Jefferies and Motilal Oswal maintaining Buy ratings and Nomura retaining Reduce, citing growth prospects, margins and festive-season demand.
Global Market Today: Asian shares fall as Alphabet earnings miss drags Wall St futures lower
Asian markets faced a downturn following a mix of earnings results, stirring concerns as investors await Amazon and Intel's performance. Alphabet saw its stock plunge due to weak cash flows, while Microsoft benefited from stronger-than-anticipated earnings. Despite Samsung Electronics achieving impressive operating profit growth linked to AI chip demand, its shares also slipped.
Instagram challenges Youtube with 90-minute videos: All you need to know
Instagram is testing a new long-form video format called 'Features' to allow content creators to upload 90-minute videos. This format is currently available to select users in the United States and Brazil. Instagram aims to integrate long-form content into its existing Reels ecosystem to attract more creators. The platform is exploring various options to help long-form creators earn revenue.
Big Tech earnings a test of the AI boom amid market turmoil
Investors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI cloud providers such as CoreWeave and record costs to insure Meta Platform's debt have amplified concerns about how the massive AI infrastructure buildout is being funded, particularly as higher US interest rates loom.
Why Walmart would rather keep Flipkart private, for now
Over the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for liquidity on the stock options they were granted 10 to 15 years ago. On October 1, at least eight former senior executives, among them former Myntra CEO Mukesh Bansal and former chief business officer Ankit Nagori, wrote to Walmart chairman Gregory Penner, other board members and Flipkart Group CEO Kalyan Krishnamurthy, seeking a complete exit for all former employees holding vested options.
Nazara swings to Rs 35 crore net profit as revenues rise 53%
The company also swung to a net profit of Rs 35 crore compared to a loss of Rs 34 crore in the year-ago quarter, which was impacted by provisions against investments in real-money gaming companies following the August 2025 ban.
British investor Baillie Gifford fund marks down Dailyhunt parent amid revenue pressures
The Schiehallion Fund pegged the fair value of its 1.3% holding in VerSe Innovation at $7.47 million, according to its portfolio disclosures reviewed by ET, implying a total company valuation of roughly $576 million.
AI is changing online ads, and brands have a new fight on their hands: Report
As consumers increasingly use AI for product discovery and comparisons, brands must adjust their advertising strategies. Research shows that many users still conduct further research after receiving AI recommendations from standalone apps. Advertising platforms are introducing new tools to engage consumers within existing searches and social media.
Josh Pigford built Baremetrics with just $0 in reported startup costs in 2013; years later, the software business was generating an estimated $1.2 million a year
Josh Pigford built Baremetrics in 2013 to solve a problem he faced with Stripe analytics. He spent seven working days developing the first version, focusing on recurring revenue, customer churn and lifetime value. Rather than relying on expensive marketing, he used Twitter to reach software founders. By April 2014, Baremetrics had reached $10,000 in monthly recurring revenue.
Karen Frederick, a mom of two, built a $1 million jewelry business from home. All about Kole Jax Designs
In 2012, Karen Frederick launched Kole Jax Designs to intertwine her love for jewelry with her role as a mother. Through effective social media marketing, she quickly amassed a substantial following and revenue. By 2018, her business celebrated high seven-figure revenue, showcasing impressive annual growth. Karen believes in learning from setbacks and emphasizes that one should pursue entrepreneurship without waiting for ideal circumstances.
Rhode Island sues Meta over alleged tolerance for scam advertising
The suit, filed by Rhode Island Attorney General Peter Neronha in Providence Superior Court, accuses Meta of unlawfully profiting from and participating in the creation of billions of dollars in scam advertising - even as it assured its billions of users that it was working diligently to protect them.
Amagi Media Labs faces extortion attempt following alleged data theft; says services unaffected
Amagi Media Labs, a prominent tech firm in Bengaluru, reported an extortion attempt related to purported data theft. A hacker threatened to expose sensitive operational information unless a ransom was paid. The company is currently scrutinizing these allegations and collaborating with external cybersecurity experts. They assure that customer services remain unaffected, and additional security protocols have been established, anticipating no financial repercussions at this time.
Heartbroken by this ending: Foursquare cofounder gets emotional after company's acquisition
Dennis Crowley, cofounder of Foursquare, expressed heartfelt dismay at the recent acquisition by Infillion, noting that equity holders were left without financial recompense. He acknowledged the frustration of past employees, pointing to disappointing Glassdoor reviews that echoed their sentiments. Although Foursquare will maintain its independent operations, it will continue to monetize its data. Infillion claims this acquisition will greatly enhance both revenue and workforce capacity.
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