Cummins India Q3 PAT misses Street estimates; engine maker optimistic on industrial trends

Cummins India Q3 PAT misses Street estimates; engine maker optimistic on industrial trends

Engine manufacturer Cummins India on Wednesday reported a consolidated net profit of Rs 486.1 crore for the quarter ended December 31, marking a 13 per cent decline over the corresponding period a year ago. The Pune-headquartered company supplies power generation equipment to industrial players. The company said its profitability was aided by volume leverage and…

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More than 10 top Apple executives have joined rivals in the past few months; What’s ‘behind’ the toughest talent ‘crisis’ iPhone maker is facing

More than 10 top Apple executives have joined rivals in the past few months; What’s ‘behind’ the toughest talent ‘crisis’ iPhone maker is facing

Apple is facing its most severe talent crisis in decades as a wave of departures reshapes the company’s leadership structure and threatens its competitive position in artificial intelligence. The crisis runs deeper than executive departures; several dozen engineers have departed the company for OpenAI and Meta, creating a talent exodus at iPhone maker. The scale…

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