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IndusInd Bank aims to end the current financial year with a 1% return on assets (RoA) on the back of lower expenses, growth in retail loans and liabilities, and AI-led operational efficiencies, managing director and chief executive Rajiv Anand said during the bank's post-earnings call on Wednesday.

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IndusInd Bank aims for 1% RoA by FY27-end; focus on growing retail book #DH_SHARE_URL# By Mint via Dailyhunt

IndusInd Bank aims for 1% RoA by FY27-end; focus on growing retail book

https://www.livemint.com/companies/company-results/indusind-bank-aims-for-1-roa-by-fy27-end-focus-on-growing-retail-book-11784736556394.html?utm_source=newshunt-mint

Hyderabad-based drugmaker Dr Reddy's Laboratories on Wednesday reported a 69% year-on-year decline in net profit for the June quarter (Q1FY27) due to a drop in US sales and an unexpected setback on semaglutide sales.

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Dr Reddy's reports muted Q1FY27 results, net profit drops 69% #DH_SHARE_URL# By Mint via Dailyhunt

Dr Reddy's reports muted Q1FY27 results, net profit drops 69%

https://www.livemint.com/companies/company-results/dr-reddys-q1-results-semaglutide-sales-dr-reddys-share-price-11784732365516.html?utm_source=newshunt-mint

London/New Delhi: South Korean smartphone and appliances maker Samsung launched its eighth generation of foldable phones-its most expensive lineup so far-on Wednesday, amid a global supply-chain crunch for electronics raw materials such as memory chips.

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Samsung launches its priciest smartphone lineup ever amid chip cost crunch #DH_SHARE_URL# By Mint via Dailyhunt

Samsung launches its priciest smartphone lineup ever amid chip cost crunch

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Intel has launched another round of job cuts, this time affecting employees in its data centre division. According to a Business Insider report, staff in the unit were informed that the company is restructuring the business as part of a broader effort to streamline operations.

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Intel layoffs: Chipmaker to begin fresh round of job cuts in data centre division #DH_SHARE_URL# By Mint via Dailyhunt

Intel layoffs: Chipmaker to begin fresh round of job cuts in data centre division

https://www.livemint.com/companies/news/intel-layoffs-chipmaker-begins-fresh-round-of-job-cuts-in-data-centre-division-11784730012525.html?utm_source=newshunt-mint

Mark Cuban has joined the growing list of sceptics questioning the AI spending boom, arguing that OpenAI is overspending on infrastructure with little certainty of earning adequate returns.

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Mark Cuban sounds alarm over OpenAI's AI spending, 'trillion dollars spent just to be an app' #DH_SHARE_URL# By Mint via Dailyhunt

Mark Cuban sounds alarm over OpenAI's AI spending, 'trillion dollars spent just to be an app'

https://www.livemint.com/companies/news/mark-cuban-sounds-alarm-over-openais-ai-spending-trillion-dollars-spent-just-to-be-an-app-11784730680115.html?utm_source=newshunt-mint

Mumbai: Adani Green Energy Ltd's profit for the June quarter rose by nearly a fifth, driven by its operational clean energy capacity crossing the 20-gigawatt (GW) mark, even as it continued to face constraints due to inadequate power evacuation capacity in the country.

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Adani Green Q1 profit rises about 20% as clean energy capacity crosses 20 GW #DH_SHARE_URL# By Mint via Dailyhunt

Adani Green Q1 profit rises about 20% as clean energy capacity crosses 20 GW

https://www.livemint.com/companies/company-results/adani-green-q1-profit-rises-about-20-as-clean-energy-capacity-crosses-20-gw-11784728978801.html?utm_source=newshunt-mint

Reliance Retail today announced the launch of AJIO Beauty, expanding the online shopping platform's presence in the beauty, skincare, haircare, fragrances and personal care segments.

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Reliance Retail launches AJIO Beauty: Online omnichannel platform, quick delivery options - Here's all we know #DH_SHARE_URL# By Mint via Dailyhunt

Reliance Retail launches AJIO Beauty: Online omnichannel platform, quick delivery options - Here's all we know

https://www.livemint.com/companies/news/reliance-retail-launch-ajio-beauty-tira-combine-online-fashion-brand-customer-omnichannel-platform-quick-delivery-option-11784718067005.html?utm_source=newshunt-mint

Eternal Ltd's June-quarter (Q1FY27) results underscored how rapidly Blinkit is reshaping the company. Revenue surged five-fold as the quick commerce business scaled aggressively, but higher taxes and continued spending on newer businesses kept profit growth subdued.

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Blinkit powers Eternal's Q1 growth as taxes, investments weigh on profit #DH_SHARE_URL# By Mint via Dailyhunt

Blinkit powers Eternal's Q1 growth as taxes, investments weigh on profit

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Global private equity firm KKR has appointed Roy Gori, the former president and chief executive of Manulife, as a senior advisor, the firm said on Wednesday.

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KKR appoints former Manulife CEO Roy Gori as senior advisor #DH_SHARE_URL# By Mint via Dailyhunt

KKR appoints former Manulife CEO Roy Gori as senior advisor

https://www.livemint.com/companies/news/kkr-appoints-former-manulife-ceo-roy-gori-as-senior-advisor-11784705767732.html?utm_source=newshunt-mint

Nestl&eacute; India reported a sharp rise in June-quarter (Q1FY27) profit and revenue, driven by broad-based growth across product categories and channels, while warning that commodity costs and El Ni&ntilde;o-linked supply risks remain key watchpoints.

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Nestlé India posts strong Q1, flags commodity cost risks #DH_SHARE_URL# By Mint via Dailyhunt

Nestlé India posts strong Q1, flags commodity cost risks

https://www.livemint.com/companies/news/nestl-india-posts-strong-q1-flags-commodity-cost-risks-11784700844891.html?utm_source=newshunt-mint

Vedanta Ltd's attempt to retain its offshore oil and gas block in Gujarat suffered a setback on Wednesday after the Delhi High Court upheld the Centre's decision to deny the company a contract extension and transfer the asset to state-run Oil and Natural Gas Corporation Ltd (ONGC).

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Delhi HC upholds Centre's move to take Gujarat offshore block from Vedanta #DH_SHARE_URL# By Mint via Dailyhunt

Delhi HC upholds Centre's move to take Gujarat offshore block from Vedanta

https://www.livemint.com/companies/news/delhi-hc-upholds-centres-move-to-take-gujarat-offshore-block-from-vedanta-11784697018728.html?utm_source=newshunt-mint

Months after raising ₹6,000 crore in an initial public offering, Raajmarg Infra Investment Trust (RIIT) is evaluating a share issuance to fund asset acquisitions, according to three people with knowledge of the matter.

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Months after ₹6k crore IPO, Raajmarg Infra mulls another share sale #DH_SHARE_URL# By Mint via Dailyhunt

Months after  ₹6k crore IPO, Raajmarg Infra mulls another share sale

https://www.livemint.com/companies/months-after-6k-crore-ipo-raajmarg-infra-mulls-another-share-sale-11784619272739.html?utm_source=newshunt-mint

Amid growing debate over whether the AI spending boom will deliver returns, JPMorgan Chase CEO Jamie Dimon struck an optimistic note, saying the investments will likely pay off-but not in the way or on the timeline many expect.

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Jamie Dimon says AI spending will pay off-but 'definitely not' on the timeline you expect #DH_SHARE_URL# By Mint via Dailyhunt

Jamie Dimon says AI spending will pay off-but 'definitely not' on the timeline you expect

https://www.livemint.com/companies/people/jamie-dimon-says-ai-spending-will-pay-off-but-definitely-not-on-the-timeline-you-expect-11784646685784.html?utm_source=newshunt-mint

Mumbai, Jul 21 (PTI) Mahindra and Mahindra Financial Services on Tuesday reported a 75 per cent jump in its consolidated net profit at ₹ 927 crore in the June quarter of FY27 on higher net interest margins and lower provisions.

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Mahindra Finance Q1 profit jumps 75% to ₹927 crore on higher interest margin, lower provisions #DH_SHARE_URL# By Mint via Dailyhunt

Mahindra Finance Q1 profit jumps 75% to  ₹927 crore on higher interest margin, lower provisions

https://www.livemint.com/companies/company-results/mahindra-finance-service-q1-fy27-profit-jumps-75-pc-rs-927-crore-higher-interest-margin-lower-provisions-raul-rebell-11784648850440.html?utm_source=newshunt-mint

New Delhi: Two of India's biggest two-wheeler manufacturers painted an upbeat picture of coming demand after reporting record high quarterly revenues in the first quarter on Tuesday.

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TVS, Bajaj report record quarterly revenue, see demand momentum continuing #DH_SHARE_URL# By Mint via Dailyhunt

TVS, Bajaj report record quarterly revenue, see demand momentum continuing

https://www.livemint.com/companies/company-results/tvs-bajaj-report-record-quarterly-revenue-see-demand-momentum-continuing-11784642376564.html?utm_source=newshunt-mint

Bengaluru: Proxy advisory firm InGovern Research Services has asked the Securities and Exchange Board of India (Sebi) to examine whether Meesho Ltd has adequately disclosed potential investor risks arising from the Goods and Services Tax (GST) position adopted by its logistics subsidiary Valmo Transportation.

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Proxy advisory firm flags Meesho's GST model, seeks Sebi scrutiny #DH_SHARE_URL# By Mint via Dailyhunt

Proxy advisory firm flags Meesho's GST model, seeks Sebi scrutiny

https://www.livemint.com/companies/proxy-advisory-firm-flags-meesho-s-gst-model-seeks-sebi-scrutiny-11784636953344.html?utm_source=newshunt-mint

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Education

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Economy

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The United States launched its 12th consecutive round of strikes on Iranian military targets on Wednesday (July 22), with the operation carried out under the direction of President Donald Trump, according to the US Central Command (CENTCOM).

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US launches 12th straight round of strikes on Iranian military targets. Details inside #DH_SHARE_URL# By WION via Dailyhunt

US launches 12th straight round of strikes on Iranian military targets. Details inside

https://www.wionews.com/world/us-launches-12th-straight-round-of-strikes-on-iranian-military-targets-details-inside-1784761432462

An independent autopsy commissioned by the family of 18-year-old Nolan Wells has found his cause and manner of death to be &quot;undetermined,&quot; adding another layer to a case that has drawn nationwide attention.

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Nolan Wells autopsy: Missing throat tissue puts neck injury at the center of Mississippi teen's cause of death probe #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Nolan Wells autopsy: Missing throat tissue puts neck injury at the center of Mississippi teen's cause of death probe

https://www.hindustantimes.com/world-news/us-news/nolan-wells-autopsy-missing-throat-tissue-puts-neck-injury-at-the-center-of-mississippi-teens-cause-of-death-probe-101784742821593.html?utm_source=newshunt-ht

A brush fire in Ramona, in California's San Diego County has sparked an evacuation in the area of Creelman Lane. The fire is now 30 acres, according to Watch Duty . San Diego County Fire Department confirmed that structures are threatened by the fire, as it erupted in a residential area.

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Ramona fire: Evacuations around Creelman Lane as brush fire spreads rapidly; check map, videos #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Ramona fire: Evacuations around Creelman Lane as brush fire spreads rapidly; check map, videos

https://www.hindustantimes.com/world-news/us-news/ramona-ca-fire-evacuations-around-creelman-lane-as-brush-fire-spreads-rapidly-check-map-videos-101784760290737.html?utm_source=newshunt-ht

New Delhi: The Chalo Sansad march by the Cockroach Janta Party (CJP) on July 20 turned into a political challenge for the Narendra Modi government, with several Opposition parties joining the protest over alleged NEET paper leak, resignation of Union Education Minister Dharmendra Pradhan and demanding accountability from the Centre.

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Can Congress leverage CJP protest as political opening against Modi govt? #DH_SHARE_URL# By Zee News via Dailyhunt

Can Congress leverage CJP protest as political opening against Modi govt?

https://zeenews.india.com/india/can-congress-leverage-cjp-protest-as-political-opening-against-modi-govt-3062541.html

Residents of Lakewood, in Ocean County, New Jersey were left concerned on Thursday afternoon after reports emerged on social media of a possible shooting.

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Was there a shooting in Lakewood Township, NJ today? Reports, videos of incident sparks concern #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Was there a shooting in Lakewood Township, NJ today? Reports, videos of incident sparks concern

https://www.hindustantimes.com/world-news/us-news/was-there-a-shooting-in-lakewood-township-nj-today-reports-videos-of-incident-sparks-concern-101784758915842.html?utm_source=newshunt-ht

Blazers TV play-by-play voice Kevin Calabro is leaving the Portland Trail Blazers after rejecting what he called a &quot;subprime&quot; contract offer, adding another major change to the team's broadcast department under new owner Tom Dundon.

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Why did Kevin Calabro leave Blazers after nine seasons? Reports point to 'subprime' contract dispute #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Why did Kevin Calabro leave Blazers after nine seasons? Reports point to 'subprime' contract dispute

https://www.hindustantimes.com/sports/us-sports/why-did-kevin-calabro-leave-blazers-after-nine-seasons-reports-point-to-subprime-contract-disputeblazers-tv-playbyp-101784758658754.html?utm_source=newshunt-ht

2K has officially unveiled the cover athletes for NBA 2K27, featuring three basketball stars across the game&apos;s different editions.

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NBA 2K27 cover snub: Jalen Brunson omission sparks backlash as 2K honors Victor Wembanyama; 'is this a joke?' #DH_SHARE_URL# By Hindustan Times via Dailyhunt

NBA 2K27 cover snub: Jalen Brunson omission sparks backlash as 2K honors Victor Wembanyama; 'is this a joke?'

https://www.hindustantimes.com/sports/us-sports/nba-2k27-cover-snub-jalen-brunson-omission-sparks-backlash-as-2k-honors-victor-wembanyama-is-this-a-joke-101784755037822.html?utm_source=newshunt-ht

John Harbaugh's early days with the New York Giants do not appear to have gotten off to the smoothest start, at least judging by one viral moment.

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What did John Harbaugh say to Giants players? Inside awkward moment involving veteran coach's speech #DH_SHARE_URL# By Hindustan Times via Dailyhunt

What did John Harbaugh say to Giants players? Inside awkward moment involving veteran coach's speech

https://www.hindustantimes.com/sports/us-sports/what-did-john-harbaugh-say-to-new-york-giants-players-inside-awkward-moment-involving-veteran-coachs-speech-101784750379016.html?utm_source=newshunt-ht

New Delhi: The July 22 protest by Opposition parties at 7 Lok Kalyan Marg, the official residence of the prime minister, was one of the rare demonstrations in the high-security area in recent years.

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Why is 7 Lok Kalyan Marg so important? When it became PM's residence and which major protests reached its gates #DH_SHARE_URL# By Zee News via Dailyhunt

Why is 7 Lok Kalyan Marg so important? When it became PM's residence and which major protests reached its gates

https://zeenews.india.com/india/why-is-7-lok-kalyan-marg-so-important-when-it-became-pms-residence-and-which-major-protests-reached-its-gates-3062540.html

Current and former US Immigration and Customs Enforcement (ICE) officers have raised concerns over declining morale, increased workload and the pace of hiring under the Trump administration, according to a report by The Washington Examiner.

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ICE officers reveal what's happening inside agency amid Trump immigration push: 'No one is happy' #DH_SHARE_URL# By Hindustan Times via Dailyhunt

ICE officers reveal what's happening inside agency amid Trump immigration push: 'No one is happy'

https://www.hindustantimes.com/world-news/us-news/ice-officers-reveal-what-s-happening-inside-agency-amid-trump-immigration-push-no-one-is-happy-101784754425873.html?utm_source=newshunt-ht

New Delhi: With Prime Minister Narendra Modi expected to host President Xi Jinping in a few weeks, New Delhi conveyed its concerns to Beijing on Wednesday over the widening bilateral trade imbalance, as well as China's export restrictions, which affected India's access to critical minerals, key industrial inputs and certain specialised equipment.

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Ahead of Xi Jinping's visit, India flags trade imbalance, voices concern over China's export curbs #DH_SHARE_URL# By Deccan Herald via Dailyhunt

Ahead of Xi Jinping's visit, India flags trade imbalance, voices concern over China's export curbs

https://www.deccanherald.com/india/ahead-of-xi-jinpings-visit-india-flags-trade-imbalance-voices-concern-over-chinas-export-curbs-4083645

The United States intelligence community is investigating whether Russia assisted Iran in targeting CIA facilities in the Gulf by providing advanced drone technology or intelligence used in the attacks.

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Did Putin help Iran target CIA bases? US probes Russia's role in Gulf drone strikes #DH_SHARE_URL# By WION via Dailyhunt

Did Putin help Iran target CIA bases? US probes Russia's role in Gulf drone strikes

https://www.wionews.com/world/did-putin-help-iran-target-cia-bases-us-probes-russia-s-role-in-gulf-drone-strikes-1784752623754