Qualcomm's Smartphone Chip Revenue Slumps 26%, Prompting Price Increases

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Qualcomm's fourth-quarter results for fiscal 2026 show its smartphone chip business declining sharply. Handset revenue fell 26% to $5.14 billion, falling short of StreetAccount estimates. Adjusted earnings dropped 28%, and chip margins narrowed to 24%. In response, the company is raising prices on its Snapdragon chips across its product lines. Following a weak forecast and a flat outlook for smartphones in 2027, Qualcomm's shares fell as much as 7% in after-hours trading.

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Hyderabad Opens India's First Private Space Debris Removal Facility

A new private facility in Hyderabad has been described as India's first of its kind and the world's sixth. The site, called Base 1, brings together infrastructure for designing, building and testing satellite servicing systems. Its focus is on technology aimed at removing space debris from orbit. The article provided does not give further details on timing, investors or specific capabilities.

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IndiaIndian Express ·

Young IAS officer says BJP MLA threatened him during Odisha flood relief duty

A young IAS officer in Odisha has publicly said he felt demoralised after a BJP MLA allegedly threatened him while he was carrying out flood relief work. The officer described the incident as deeply discouraging for someone trying to perform his official responsibilities during a disaster. The remarks have drawn attention to pressure faced by civil servants working on the ground during emergencies. The matter highlights concerns about political interference in administrative duties in the state.

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IndiaNDTV ·

Bengaluru Man Beaten to Death With Bat After Allegedly Being Found With Employer's Daughter

Police say a man named Kiran was killed at a home in Bengaluru after the girl's father found him with his daughter. The father, identified as Anand Raj, is accused of beating Kiran to death with a bat. Investigators report that Kiran had allegedly developed a relationship with Anand Raj's daughter. Anand Raj was reportedly unhappy about the relationship, which police believe led to the confrontation. The details provided so far are based on the police account and the case is under investigation.

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IndiaNDTV ·

Congress Alleges Takeover Plot in Maharashtra Milk Union Dispute; Minister Denies

Congress has alleged a plot to take over a Maharashtra milk union following a contested election. The Gokul election resulted in a Congress-backed panel winning 13 of the 25 director seats. The Mahayuti-backed panel secured the remaining 12 seats. A minister has rejected the allegations of a takeover attempt.

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