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Lenskart's maiden quarterly results as a public entity reveal a robust 21% revenue surge to 2,096 crore and a 20% net profit jump to 103 crore. The eyewear giant, driven by technology and an omnichannel strategy, is poised for further growth, planning over 450 new stores this fiscal year and launching AI-powered smart glasses.
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China is at the forefront of a groundbreaking era, rapidly developing flying cars with factories already testing production methods aimed for delivery as soon as next year. This innovative leap is a natural extension of China's expertise in drones and electric vehicles, bolstered by robust government backing that accelerates the growth of the burgeoning 'low-altitude economy'.
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Airlines that said they had completed or nearly finished all their software updates on Saturday included American Airlines , United Airlines, Air India, Delta Air Lines , Hungary's Wizz Air, Mexico's Volaris , Air Arabia, Saudi Arabia's Flyadeal, and Taiwan's carriers. Many reported no impact on operations.
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Nifty ended the week with modest gains and a fresh record high, but broader market participation remained weak as the Nifty 500 continued to trail its peak. With the index testing a key resistance zone near 26,300, traders may adopt a cautious, stock-specific approach amid subdued volatility and mixed sectoral trends.
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FIIs remain net sellers in November with Rs 3,765 crore outflows till November 29, but improving macros and record-high markets may trigger a shift in their strategy. Analysts say strong GDP data, robust earnings, and revived sentiment could halt sustained selling and potentially draw FIIs back as buyers.
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News and Media
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