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SoftBank posts $1.6 bn profit

Financial Express Lucknow

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February 13, 2026

QUARTERLY SCORECARD

- REUTERS

JAPAN'S SOFTBANK GROUP booked a fourth consecutive quarterly profit on Thursday, helped by the rising valuation of its OpenAl investment and took on more debt as it deepened its exposure to the red-hot artificial intelligence sector.

SoftBank reported a net profit of 248.6 billion yen ($1.62 billion) in the October-December quarter, compared with a net loss of 369 billion yen over the same period the previous year.

MEER VERHALEN VAN Financial Express Lucknow

Financial Express Lucknow

New homework for babus...

OFFICERS HAVE BEEN asked to identify “significant ideas, innovations and practical applications” of artificial intelligence that could actually work in their respective ministries and departments.

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1 min

February 18, 2026

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‘Exponential growth reason behind IPO’

CleanMax Enviro Energy Solutions, whose three-day initial public offering (IPO) opens for subscription next week, plans to utilise 75% of fresh issue proceeds for debt repayment.

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1 mins

February 18, 2026

Financial Express Lucknow

IBBI draft norms aim to fix gaps in resolution process

NCLT TO BE SOLE ARBITER FOR DISPUTES ON DELAYED CLAIMS

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2 mins

February 18, 2026

Financial Express Lucknow

Ola shares hit record low on week Q3, downgrades

BUMPY RIDE

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2 mins

February 18, 2026

Financial Express Lucknow

RBI proposes easing forex transaction guidelines

THE RESERVE BANK of India (RBI) on Tuesday proposed greater flexibility to authorised persons to undertake foreign exchange transactions for hedging their exposures, balance sheet management and market-making, as well as to ease reporting obligations, after a review of the current regulations.

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1 min

February 18, 2026

Financial Express Lucknow

Court rejects former Jaypee Infratech MD's bail plea

ADELHI COURT has dismissed the bail plea of former Jaypee Infratech managing director Manoj Gaur in a money-laundering case, underlining that the allegation against the accused is that of cheating and criminal breach of trust, involving scores of people.

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1 min

February 18, 2026

Financial Express Lucknow

From self-exile to PM: Tarique’s turnaround

TARIQUE RAHMAN, WHO lived in London in self-exile for 17 years, has made a remarkable turnaround.

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2 mins

February 18, 2026

Financial Express Lucknow

Adani plans $100-bn AI data centres

ADANI GROUP ON Tuesday announced a $100-billion investment to build renewable energy-powered, artificial intelligence-ready data centres by 2035, a move aimed at positioning India as a global AI hub.

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1 min

February 18, 2026

Financial Express Lucknow

New homework for babus: Meet the bots & file a two-page note

THE GOVERNMENT HAS discovered the future.

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1 min

February 18, 2026

Financial Express Lucknow

‘Sector-agnostic AI aimed at solving real problems’

Having built speech models for Indic languages, Gnani.AI has developed full-stack capabilities with its own platforms, applications, and proprietary technology. Bharath Shankar, Co-Founder & Chief Product and Engineering Officer, tells Ojasvi Gupta that large global models are limited because they are not optimised for local requirements. Excerpts:

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2 mins

February 18, 2026

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