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UltraTech Cement’s Q3 revenue increased 2.7%, but its net profit fell 17% year over year to ₹1,469.5 crore.

Compared to ₹16,739.97 crore in the same period last fiscal year, UltraTech Cement’s operational revenue climbed 2.7% to ₹17,193.33 crore in the reviewed quarter. In an exchange statement on Thursday, grey cement manufacturer UltraTech Cement reported a 17.3% drop in its consolidated net profit to ₹1,469.5 crore for the third quarter of the fiscal year 2024–2025.

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Elon Musk and Sam Altman of OpenAI disagree over Donald Trump’s $500 billion AI initiative.

Elon Musk, a close adviser to Donald Trump, questioned the investment’s worth. In response, Sam Altman stated that Elon Musk was “wrong, as you surely know.” In a confrontation with OpenAI CEO Sam Altman on Wednesday, Elon Musk of Tesla questioned a $500 billion artificial intelligence (AI) investment that US President Donald Trump had proposed, claiming that the promised funds were missing.

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