Tata Power Q1 FY27 slides: renewables drive 11% profit growth

This earnings season, the metric advisors say they are watching most closely is revenue growth tied to AI products and services, cited by 42 percent.   Corporate guidance followed at 21 percent, capital expenditure at 18 percent and profit margins at 17 percent.  Chris Pepper, vice-president of corporate affairs at Fidelity, said AI had been…

Where incorporation can add real simplicity, White says, is in the management of advisory teams. Having operated his business under a partnership structure and a corporate structure, White says the corporate structure makes growth and management far easier. The ease of doing business that comes with corporate structures, too, should result in better client service….

Cushman & Wakefield is out as one of the city’s commercial brokerages as the Mamdani administration carves a less controversial path forward. The Department of Citywide Administrative Services is in final negotiations with five brokerages for the city’s leasing responsibilities, Crain’s reported, citing the city database PASSPort. Those brokerages are Savills, JLL, CBRE, Newmark and…

Yitzchok Katz’s Goose Property Management has picked up a Windsor Terrace project at the center of a contentious rezoning from Andrew Esposito’s Apex Development with plans to build four 99-unit buildings on the formerly industrial lot. Katz’s firm filed plans last week with the Department of Buildings to build four ten-story residential buildings at 441…

Global equities saw another week of heightened volatility with markets down 1% on Wednesday, only to recover their loss and more on Thursday and Friday. Markets ended the week up 0.4% in local currency and 1.0% in sterling terms.US equities underperformed, mainly because of a fall in the dollar, and were unchanged over the week…

Polygon Labs has entered Phase 2 of the Bank of England’s Digital Pound Lab, collaborating with NOBO Finance and Dun & Bradstreet. The initiative focuses on examining near-instant cross-border settlement and portable credit identities for businesses, leveraging Polygon’s Open Money Stack technology. The Digital Pound Lab serves as a controlled, simulated platform. It allows the…