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Ixigo-backed intercity bus operator Fresh Bus reported a sharp scale-up in FY26, with operating revenue rising 2.4 times to ₹63.5 crore. The company’s net loss, however, widened 33%, underscoring the capital-intensive nature of building a long-distance mobility network in a competitive market.
Ixigo-backed intercity bus operator Fresh Bus reported a 2.4x jump in operating revenue to ₹63.5 crore in FY26, underscoring rapid scale-up in India’s long-distance mobility market. However, the company’s net loss widened 33% year-on-year, highlighting the continued cost pressure that often accompanies aggressive expansion in asset-light transport businesses.
Ixigo-backed intercity bus operator Fresh Bus reported a 2.4-fold jump in operating revenue to ₹63.5 crore in FY26, underscoring rapid scale-up in India’s long-distance mobility market. However, the company’s net loss widened 33% year-on-year, highlighting the continued cost pressure that accompanies aggressive fleet expansion and route-building in a capital-intensive sector.
Saudi Arabia is confronting a sharp escalation in security risk after an attack on an airport killed 12 people and injured more than 300, forcing operations to halt and triggering international travel warnings. The incident comes as fighting intensifies across Yemen, raising fears of wider regional spillover and prompting U.S. President Donald Trump to consider military intervention.
Olympic champion Shaunae Miller-Uibo has signalled that the 400m world record remains a target, underlining that elite ambitions have not dimmed despite the demands of a long and punishing career. Her remarks revive interest in one of track and field’s most enduring marks and place fresh focus on the form, fitness and timing required to challenge it.
Bonfiglioli Transmissions’ Rs 2,533.66-crore initial public offering moved into its second day with a grey market premium of about 24% and 48% subscription on the opening day, signaling steady investor interest in the industrial automation play. While the issue is fully priced, brokerages remain constructive on the company’s long-term prospects, with Anand Rathi recommending a subscribe-for-long-term approach.
The Reserve Bank of India has raised its policy rate, immediately increasing borrowing costs for households and businesses and putting fresh pressure on home loan EMIs. The Monetary Policy Committee voted unanimously for the move and adopted a stance of calibrated tightening, while Governor Sanjay Malhotra signalled that rate cuts are not under consideration for now.
Shares of Sandisk and Advanced Micro Devices fell as fresh reporting around Anthropic’s revenue trajectory revived doubts about how quickly the artificial intelligence boom can translate into durable, high-growth economics. The move underscores a broader market tension: investors remain enthusiastic about AI demand, but increasingly sensitive to any sign that monetization may be slowing before valuations fully catch up.
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