Zee Entertainment’s Q1 FY27 profit fell 48% to Rs 74.3 crore, while EBITDA plunged 65% despite 5% revenue growth. Advertising faced pressure from Middle East tensions and cricket, partly offset by FIFA rights, subscription growth and higher digital ARPU.
Archer Aviation shares jump nearly 10% on deal to acquire Boeing’s Wisk, two other units
Archer Aviation shares surged after agreeing to acquire Boeing’s Wisk Aero and two other units. This strategic acquisition grants Archer access to Boeing’s autonomous-flight technology