TVS Introduces New iQube Variant Offering 123 km Range and Enhanced Safety
TVS Motor Company today launched a new variant of its flagship electric scooter, TVS iQube, equipped with a 3.1 kWh battery offering an IDC-certified range of 123 km. The new model features hill hold functionality and a refreshed UI/UX, enhancing rider safety and experience. It is priced at an effective ex-showroom rate of INR 1,03,727 (Delhi).
With this launch, the TVS iQube portfolio now comprises six variants, making it one of the widest and most compelling offerings in India's electric two-wheeler segment. The new variant is available in four colour options: Pearl White, Titanium Grey, and two dual-tone combinations—Starlight Blue with Beige and Copper Bronze with Beige.
TVS Motor Company announced that the iQube has surpassed 600,000 units in sales and is now present across more than 1900 touchpoints. The scooter is aimed at everyday commuters and continues to support India's shift toward clean mobility.
The latest addition follows recent upgrades across the iQube lineup, including enhancements in battery capacity, extended range, and design improvements such as dual-tone colours and backrest options.
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Yahoo
10 hours ago
- Yahoo
8 common reasons why your credit score could have dropped
Seeing your credit scores drop can feel awful, especially when you have no idea why it's happening. As a credit expert and a former NFCC-certified credit counselor, I've had hundreds of people reach out to me in a state of panic, asking, "Why did my credit score drop?" Usually, if it's a drop of less than 10 points, there's no cause for concern. Credit scores naturally fluctuate from one day to the next, and small changes like this don't usually have an impact on your finances. But if your scores take a bigger hit, we can examine the number of points you lost and your recent debt activities to pinpoint the cause and help you regain the points. This embedded content is not available in your region. 8 reasons your score may have dropped Every time you make a change related to your debt accounts — whether it's making a loan payment or placing a new charge on your credit card — you'll see an impact on your credit scores within 30 to 45 days. Here's an exhaustive list of reasons you might see a drop. 1. Your credit card balance increased One of the most likely explanations for a drop in your credit scores is a new charge on your credit card. Credit cards are the most popular form of payment for U.S. adults. According to a Federal Reserve study, they're used for 35% of all payments. So if you're like most consumers, your credit card balance probably changes every few days or so. And 'amounts owed' is a major factor in your credit score calculation, with revolving debt (like credit cards) having a greater impact. In other words, the higher your balance, the more damage it can do to your score. If you make a small purchase with your credit card, you shouldn't expect to see much of a change in your credit scores. But if you book a vacation or purchase all of your holiday gifts, and end up maxing out your credit cards, the score drop could be anywhere from 50 to 100 points or more. 2. You missed a debt payment If you see a significant and unexpected drop in your credit scores, one likely cause is a missed credit card or loan payment. Payment history is the most heavily weighted factor in credit score calculations. According to FICO (the company that invented the credit score), having just one payment that's late by 30 days or more can cost you over 80 points — but the higher your scores are, the harder they will fall after a missed payment. So, it can't be overstated how much damage can be done by missing just one debt payment. 3. You applied for a new loan or credit card One of the most common myths about credit scores is that applying for new loans or credit cards will destroy your credit. The truth is that each new application can impact your credit, but usually only by a few points. According to FICO, you can usually expect to lose five points or less for each hard credit inquiry. That said, it's worth noting that if you make multiple applications for one type of loan (such as an auto loan or mortgage) within a certain period of time, they will only be counted as one inquiry. That's because lenders understand that you want to 'rate shop' and find the best loan before accepting an offer. For newer versions of the FICO score, that window is limited to 45 days, while older versions have a 14-day window. If your application is approved, be prepared to lose more points. That's because being approved can mean you now have more debt. Opening a new account can also shorten your average length of account history, which makes up 15% of your credit score calculation. 4. You paid off a loan Admittedly, this one is counterintuitive, but paying off a loan can actually lower your credit scores. In particular, your scores will drop if you pay off the only loan you have. Why? You benefit from having different types of active debt accounts, such as loans and credit cards; 'credit mix' accounts for 10% of your score. With that said, it's not worth delaying your loan payoff date or applying for a new loan just to improve your credit mix. According to FICO, you can have credit scores in the high 700s even if you've never had a loan before. Additionally, you can gain back the points you lose from closing a loan over time. 5. You closed a credit card account Similar to loans, you'll usually see your credit scores drop if you close a credit card account. That's because closing an account means losing some of your available credit. If you carry a balance on other cards, your credit utilization ratio will increase. So in the future, if you pay off a credit card, it's best to keep it open as long as possible. For people with near-perfect credit scores, the average age of their oldest credit account is 30 years. 6. You have a new collection account If one of your bills goes to collections, you'll probably see your credit scores drop significantly. In fact, having an account go to collections is one of the most damaging things that can happen to your credit, since it's a sign you're having trouble in the key area of payment history. And unfortunately, once you have a collection account show up on your credit reports, the damage is likely done; paying off these accounts is not guaranteed to improve your credit scores at all. 7. You filed for bankruptcy There's no way around it: Filing for bankruptcy is catastrophic for your credit. The higher your credit scores are, the more points you'll lose when you file. As a result, you'll have difficulty getting approved for new credit cards or loans for a few years or more. 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If someone stole your personal information and opened a credit card in your name, for example, your scores could have taken a big dip. The only way to find the real cause is to check your credit reports. You can pull them for free at If you have any trouble pulling them online, call 877-322-8228 to request paper copies. Be sure to check your reports regularly so you can catch incorrect information early, before too much damage is done. Up Next Up Next How to recover or prevent future drops in your score Depending on the cause of your credit score drop, there may be a clear-cut solution. For example, if your scores dropped because your credit card balance went up, you can gain points back by paying down the balance. However, there are also tried-and-true ways to improve your credit scores, regardless of the specific circumstances. The best way to build good credit over time is to make all of your debt payments as agreed. To gain additional points, pay off your credit cards as quickly as possible. Not only will this help you gain points, but your extra payments will also help reduce your total interest charges. Read more: 10 tips to improve your credit score in 2025
Yahoo
a day ago
- Yahoo
AI Is on Sale: 2 Stocks Worth Buying Before the Next Surge
Key Points One of the companies discussed in this article is using AI to win a bigger share of the lucrative digital advertising market. The other company in focus in this piece is enabling the AI revolution through its semiconductor manufacturing equipment, and it seems well-positioned to accelerate its growth. 10 stocks we like better than Meta Platforms › Artificial intelligence (AI) is projected to have a profound impact on the global economy in the long run by driving up productivity levels, spurring customers and businesses to spend money on AI-related applications. According to market research firm IDC, AI could account for 3.5%, or almost $20 trillion, of the global gross domestic product (GDP) by the end of the decade. This explains why investors have been betting big on AI stocks over the past three years, and that's why many of the names benefiting from the rapid adoption of this technology are now trading at expensive multiples. Hardware giants such as Nvidia and Broadcom sport rich earnings multiples, while software specialists such as Palantir and Snowflake are also expensive. However, if you have missed the AI-fueled rally in shares of the above-mentioned companies in the past year, it would be a good time to take a closer look at Meta Platforms (NASDAQ: META) and Lam Research (NASDAQ: LRCX). These companies are making the most of the global AI rollout, and importantly, they are trading at attractive multiples right now. Let's look at the reasons why buying these two AI stocks right now could turn out to be a smart long-term move. 1. Meta Platforms AI is turning out to be a nice catalyst for digital advertising giant Meta Platforms, which has been offering its AI-powered advertising tools to advertisers and brands to improve audience targeting and reduce costs simultaneously. On the company's latest earnings conference call, management pointed out that AI tools have led to a 5% jump in ad conversions on Instagram, along with a 3% improvement on Facebook. Moreover, Meta's users are now spending more time on its apps thanks to AI-powered content recommendations. The time users spent on Facebook and Instagram increased by 5% and 6%, respectively, in the previous quarter. These factors explain why Meta reported a solid increase of 22%, to $47.5 billion, in its Q2 revenue. Its bottom-line growth was even better, with adjusted earnings per share jumping by 38% year over year to $7.14 per share. The numbers crushed Wall Street's expectations, fueling a big jump in Meta's stock price following the release of its results on July 30. Meta benefited from a 9% year-over-year jump in the average price per ad served during the quarter. Also, the AI-driven improvement in user engagement led to an 11% increase in ad impressions delivered by the company in the previous quarter. Additionally, more advertisers on Meta's platform are now using its generative AI ad tools to create and optimize the performance of their campaigns. Meta says that almost 2 million advertisers are now using its AI video generation tools, while the adoption of its text generation tools is also improving. Looking forward, Meta's AI ad tools are likely to be adopted by more advertisers, as the company reports they significantly boost advertising returns. A study conducted by the company earlier this year revealed that its AI advertising tools are delivering a "22% improvement in return on ad spend for advertisers." It won't be surprising to see advertisers funneling those savings back into Meta's advertising solutions to reach a bigger audience, thereby leading to further growth in the social media giant's revenue and earnings. As such, it is easy to see why analysts have increased their earnings growth expectations for Meta. The best part is that investors can buy this tech stock at an extremely attractive 27 times earnings, which is lower than the tech-laden Nasdaq-100 index's earnings multiple of almost 33. Buying Meta at this valuation looks like a no-brainer, as the company can gain a bigger share of the digital ad market thanks to the AI-powered gains it is delivering to advertisers. 2. Lam Research Semiconductors are powering the AI revolution. Complex chip systems capable of tackling huge workloads are necessary to train and deploy AI models in data centers. This is why companies such as Nvidia, Broadcom, AMD, and Taiwan Semiconductor Manufacturing Company (TSMC) have seen healthy growth in their revenue and earnings in the past couple of years. However, the chips that the companies mentioned above design and fabricate wouldn't have been possible without the semiconductor manufacturing equipment sold by the likes of Lam Research. The company sells wafer and fabrication equipment (WFE) to foundries such as TSMC and Intel and to memory manufacturers like Samsung, Micron, and SK Hynix. These companies have been increasing their capital expenditure budgets to make more AI-focused chips. Unsurprisingly, industry association SEMI is projecting a 6.2% increase in WFE spending in 2025, followed by a bigger jump of 10.2% in 2026. It is worth noting that SEMI increased its WFE spending guidance last month. The good part is that Lam is already benefiting from the improved spending on semiconductor equipment. The company released its fiscal 2025 results on July 30. It reported a 23% year-over-year increase in annual revenue to $18.4 billion. Its diluted earnings per share increased at a faster pace of 43% to $4.15 per share last fiscal year. The stronger WFE spending forecast going forward explains why Lam's outlook was a solid one. It is expecting $5.2 billion in revenue in the current quarter, which is well ahead of the $4.63 billion consensus estimate. That would translate into a year-over-year increase of 25% in its top line. Lam seems capable of sustaining this healthy momentum throughout the year on the back of an increase in AI-focused semiconductor capacity. As such, don't be surprised to see Lam's revenue growth in the current fiscal year exceeding the 8% increase that analysts are projecting. The following chart tells us that Wall Street analysts expect Lam to clock healthy double-digit earnings growth rates. That looks reasonable, considering the 24% annual growth that the AI chip market is expected to clock over the next five years, which should ideally lead to more investments in semiconductor manufacturing capacity. In the end, there is a possibility that Lam will grow at a stronger pace than Wall Street's expectations in the long run, and this should pave the way for more upside in this AI stock. With Lam trading at just 23 times trailing earnings, investors are getting a great deal on this stock right now, and they may not want to miss it, considering the AI-fueled gains it could deliver. Should you buy stock in Meta Platforms right now? Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Meta Platforms wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Intel, Lam Research, Meta Platforms, Nvidia, Palantir Technologies, Snowflake, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom and recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy. AI Is on Sale: 2 Stocks Worth Buying Before the Next Surge was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 days ago
- Business Wire
Yatra Online, Inc. Announces Results for the Three Months Ended June 30, 2025
GURUGRAM, India & NEW YORK--(BUSINESS WIRE)--Yatra Online, Inc. (NASDAQ: YTRA) (the 'Company'), India's leading corporate travel services provider and one of India's leading online travel companies, today announced its unaudited financial and operating results for the three months ended June 30, 2025. 'I am pleased to share that our first-quarter performance delivered strong financial and operational results, with growth rates in the quarter well ahead of our annual guidance, despite the disruption in travel in India on account of the cross-border tension and the unfortunate air crash in June 2025. Our performance is driven by continued momentum in business travel demand and solid execution across our platform. Revenue growth was driven by a higher corporate travel mix and higher share of hotels and packages which combined with disciplined cost management enabled us to deliver a 214.4% increase in Adjusted EBITDA. These results affirm the strength of our strategic positioning and our ability to scale profitably. As we look ahead, we remain focused on driving sustainable growth, enhancing shareholder value, and expanding our competitive edge in the global travel ecosystem. 'For the three months ended June 30, 2025, we reported revenue of INR 2,098.1 million (USD 24.5 million) registering growth of 99.7% YoY. Our RLSC for the quarter ended June 30, 2025, of INR 1,156.3 million (USD 13.5 million) was up 36.6% YoY reflecting the momentum we've built across our Corporate Travel and MICE businesses, which have been pivotal in navigating a competitive landscape. Notably, our profitability metrics underscore our disciplined execution: Profit for the Period grew 14,514.9% YoY, reflecting our ability to optimize costs and capitalize on high-growth opportunities. 'Our MICE business continues to build on the strong foundation that we laid last year and has emerged as a standout performer, and we have been able to establish Yatra in a very short period as a dominant player in India's MICE market. 'While our B2C air ticketing segment faced top-line and margin pressures due to disruption of travel due to the macro factors mentioned above, our diversified revenue mix—particularly the strength in Hotels & Packages and MICE—has effectively mitigated these challenges. 'Our Corporate Travel segment continues to be a cornerstone of our success. In the first quarter, we onboarded 34 new corporate clients, further expanding our annual billing potential by INR 2,010 million (USD 23.4 million) and reinforcing our position as India's leading corporate travel provider. The integration of Globe Travels, acquired in September 2024, has exceeded expectations, delivering synergies in supplier consolidation, technology adoption, and cross-selling opportunities. These efforts have enhanced our ability to offer seamless, tech-driven solutions to our growing client base. 'As part of our ongoing efforts around restructuring, the Company believes it has a viable structure to pursue. While some hurdles remain, we are actively navigating processes across jurisdictions. The timeline is uncertain due to complexity, but we're fully committed. This transition is key for Yatra and our shareholders, aligning us with the market and unlocking value. We'll share updates as we move forward. 'We remain focused on advancing our strategic priorities: scaling high-margin verticals, deepening our technology edge, and creating sustainable long-term value for our stakeholders. I would like to thank our team for their relentless dedication, our partners for their trust, and our shareholders for their continued support.' – Dhruv Shringi, Co-founder and CEO. Financial and operating highlights for the three months ended June 30, 2025: Revenue of INR 2,098.1 million (USD 24.5 million), representing an increase of 99.7% year-over-year basis ('YoY'). Adjusted Margin (1) from Air Ticketing of INR 982.5 million (USD 11.5 million), representing a increase of 6.9% YoY. Adjusted Margin (1) from Hotels and Packages of INR 380.1 million (USD 4.4 million), representing an increase of 37.2% YoY. Total Gross Bookings (Air Ticketing, Hotels and Packages and Other Services) (3) of INR 18,057.9 million (USD 210.6 million), representing a increase of 9.1% YoY. Profit for the period was INR 109.9 million (USD 1.3 million) versus a loss of INR 0.8 million (USD 0.1 million) for the three months ended June 30, 2024, reflecting a increase of INR 110.7 million (USD 1.3 million) YoY. Result from operations was a Profit of INR 104.4 million (USD 1.2 million) versus a loss of INR 34.1 million (USD 0.4 million) for the three months ended June 30, 2024, reflecting an increase of INR 138.5 million (USD 1.6 million) YoY. Adjusted EBITDA (2) was INR 206.2 million (USD 2.4 million) reflecting an increase of 214.4% YOY. Notes: (1) As certain parts of our revenue are recognized on a 'net' basis and other parts of our revenue are recognized on a 'gross' basis, we evaluate our financial performance based on Adjusted Margin, which is a non-IFRS measure. (2) See the section below titled 'Certain Non-IFRS Measures.' (3) Gross Bookings represent the total amount paid by our customers for travel services, freight services and products booked through us, including taxes, fees and other charges, and are net of cancellation and refunds. (4) Adjusted Margin % is defined as Adjusted Margin as a percentage of Gross Bookings. (5) Quantitative details are considered on a gross basis. (6) Other Services primarily consists of freight business, IT services, bus, rail and cab and others services. Expand As of June 30, 2025, 62,185,795 ordinary shares (on an as-converted basis), par value $0.0001 per share, of the Company (the 'Ordinary Shares') were issued and outstanding. Conference Call The Company will host a conference call to discuss its unaudited results for the three months ended June 30, 2025 beginning at 8:00 AM Eastern Daylight Time (or 5:30 PM India Standard Time) on August 11, 2025. Dial in details for the conference call is as follows: US/International dial-in number: +1 404 975 4839. Confirmation Code: 074806 (Callers should dial in 5-10 minutes prior to the start time and provide the operator with the Confirmation Code). The conference call will also be available via webcast at Safe Harbor Statement This earnings release contains certain statements concerning the Company's future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements are based on the Company's current expectations, assumptions, estimates and projections about the Company and its industry. These forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'will,' 'project,' 'seek,' 'should' similar expressions and the negative forms of such expressions. Such statements include, among other things, statements regarding the long-term growth trajectory for the Indian travel market; growth of the MICE business and corporate travel business; statements concerning management's beliefs as well as our strategic and operational plans; our ability to simplify our corporate structure and operations and enhance shareholder value; our expectations regarding sustained margin expansion as a result of simplifying our legal and corporate structure; our future financial performance; our ability to meet our financial guidance; and our ability to comply with Nasdaq's continued listing requirements for our ordinary shares to remain listed on Nasdaq. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the impact of increasing competition in the Indian travel industry and our expectations regarding the development of our industry and the competitive environment in which we operate; the slowdown in Indian economic growth and other declines or disruptions in the Indian economy in general and travel industry in particular, including disruptions caused by safety concerns, terrorist attacks, regional conflicts (including the ongoing conflict between Ukraine and Russia, the evolving events in Israel, Gaza and the Middle East, pandemics, macroeconomic factors, including tariff and trade issues, and natural calamities; our ability to successfully negotiate our contracts with airline suppliers and global distribution system service providers and mitigate any negative impacts on our Revenue that result from reduced commissions, incentive payments and fees we receive; the risk that airline suppliers (including our GDS service providers) may reduce or eliminate the commission and other fees they pay to us for the sale of air tickets; our ability to pursue strategic partnerships and the risks associated with our business partners; the potential impact of recent developments in the Indian travel industry, on our profitability and financial condition; political and economic stability in and around India and other key travel destinations; our ability to maintain and increase our brand awareness; our ability to realize the anticipated benefits of any past or future acquisitions; our ability to successfully implement our growth strategy; our ability to attract, train and retain executives and other qualified employees, and our ability to successfully implement any new business initiatives; our ability to effectively integrate artificial intelligence, machine learning and automated decision-making tools; non-compliance with Nasdaq's continued listing requirements and consequent delisting of our ordinary shares from Nasdaq; and our ability to simplify our multi-jurisdictional corporate structure or reduce resources and management time devoted to compliance requirement. These and other factors are discussed in our reports filed with the U.S. Securities and Exchange Commission. All information provided in this earnings release is provided as of the date of issuance of this earnings release, and we do not undertake any obligation to update any forward-looking statement, except as required under applicable law. About Yatra Online, Inc. Yatra Online, Inc. is the ultimate parent company of Yatra Online Limited, a public listed company on the NSE and BSE (Hereinafter referred to as 'Yatra India'), whose corporate office is based in Gurugram, India. Yatra India is India's largest corporate travel services provider in terms of number of corporate clients with over 1,300 large corporate customers and approximately 58,983 registered SME customers and the third largest online travel company in India among key online travel agency ('OTA') players in terms of gross booking revenue and operating revenue for Fiscal 2023 (Source: CRISIL Report). Leisure and business travelers use Yatra India's mobile applications, its website, and its other offerings and services to explore, research, compare prices and book a wide range of travel-related services. These services include domestic and international air ticketing on nearly all Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. With approximately 80,000 hotels and homestays in approximately 1,500 cities and towns in India as well as more than 2.5 million hotels around the world, Yatra India has the largest hotels inventory amongst key Indian OTA players.
