Pine Labs Q2 net profit soars 6.5x; Cognizant trims 2026 growth outlook
Pine Labs saw its Q2 net profit grow 6.5 times. Additionally, One Planet Partners and Sumitomo Mitsui Trust Bank have launched a Rs 3,000 crore fund for India's energy transition and manufacturing. Zoho's Sridhar Vembu also warned about AI's potential to displace labor.
Key points
- Pine Labs Q2 net profit increased 6.5x
- New Rs 3,000 crore fund launched for energy and mobility
- Sridhar Vembu warns AI could outperform 90% of coders in six months
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