Latest news with #V2
Business Upturn
4 days ago
- Business
- Business Upturn
V2 Retail shares jump 3% after company reports 51% YoY revenue growth in Q1 FY26
By Aman Shukla Published on July 3, 2025, 09:15 IST Shares of V2 Retail rose over 3% in morning trade on July 3 after the company reported a robust business performance for Q1 FY26, signalling a strong start to the financial year. As of 9:15 AM, the shares were trading 3.08% higher at Rs 1,880.00. The company posted a 51% year-on-year rise in standalone revenue to ₹628 crore in Q1 FY26, up from ₹415 crore in Q1 FY25. This sharp growth reflects the success of V2's product-first strategy, better sell-through, and wider market reach. Same-store sales growth (SSSG) normalised at 10%, with strong double-digit growth seen in May and June, despite an early Eid impact in April. Sales per square foot stood at ₹957, underscoring improved store-level productivity. V2 Retail added 28 new stores during the quarter and closed one underperforming outlet, taking the total store count to 216. The company's retail footprint now spans 23.48 lakh sq. ft, with a continued focus on Tier 2 and Tier 3 cities. Efficient merchandising, quick stock replenishment, and tighter inventory control helped boost margins and operational efficiency. Management reaffirmed confidence in sustaining momentum through FY26, citing innovation, data-led planning, and strong customer loyalty as key growth drivers. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Wire
5 days ago
- Business
- Business Wire
fileAI Launches V2 Platform, Empowering Enterprises and SMBs with AI-Powered File Parsing and Data Collection for Enhanced Workflow Automation
SINGAPORE--(BUSINESS WIRE)-- fileAI, a leader in AI-powered workflow automation, today announced the launch of its V2 platform, a next-generation solution designed to help enterprises and SMBs access, collect, and structure business data trapped in unstructured formats, siloed systems, and disconnected databases. fileAI's platform enables organizations across financial services, legal, insurance, and accounting to automate high-volume, high-stakes workflows with precision. Today, up to 80–90% of global business content is fragmented, spanning PDFs, spreadsheets, emails, handwritten notes, and more. These disconnected systems and formats are core blockers to automation and AI adoption. Rather than focusing only on the end of the workflow, fileAI leverages years of R&D and direct customer feedback to tackle the critical enterprise challenges of turning fragmented, unstructured inputs into clean, structured data. With an MCP-ready architecture and flexible self-service pricing starting at $0, it's designed for speed, scale, and real-world adoption. 'fileAI v2 is a game-changer for enterprises and SMBs struggling to unlock the value of unstructured data,' said Christian Schneider, CEO and Co-founder at fileAI. 'Our focus has always been on the foundation, delivering the cleanest, most accurate data possible so AI workflows actually work. Even the slightest inconsistency results in costly errors. This isn't just an upgrade, it's a redefinition of what file intelligence can do.' Key Features of the fileAI V2 Platform: Beethoven and Decider models: Parse, extract, and classify data from diverse file types, including contracts, images, free text, invoices, financial statements, legal forms and more with industry-leading accuracy. Easily handles variations in layout, language, and handwriting, always ensuring accurate results. Match and Compare engine: Automatically detects discrepancies, clause variations, and anomalies across documents, crucial for compliance, risk, and due diligence. Answer Engine: Enables users to query, chat, and extract insights across multiple documents using internal data and relevant web context. fileAI Drive: A secure document repository with robust access controls and integrations with Google Drive, Dropbox, and APIs. From enterprise developers to fast-growing startups, fileAI's V2 platform can automate complex document workflows with ease. With advanced AI OCR and schema generation, the platform handles high-volume document processing with precision, consistency, and efficiency, regardless of complexity or volume. Since 2024, fileAI has created over 200 million AI schemas, saving clients an estimated 320,000 hours and $6 million in processing costs. Additionally, through partnerships with industry leaders like Nvidia, Oracle, AWS, and Google, fileAI extends its reach and reinforces its role as a trusted solution for startups and enterprises alike in an AI-driven future. These capabilities make fileAI especially well-suited for industries where accuracy, trust, and compliance are critical, including: Financial Services: Streamlines transaction validation, KYC/AML, reconciliations, and manages risk and regulatory requirements Legal Teams: Performs clause comparison, contract review, and compliance checks Insurance: Brings speed and scale to claims processing, policy validation, and regulatory reporting Accounting: Simplifies invoice matching, audit readiness, and expense tracking 'fileAI has been a game-changer for our operational processes here at Daiwa Capital Markets Singapore Limited. It handles the complexity of our financial documents with ease,' said Charles Ong, Head of Finance. 'Allowing us to automate key workflows with minimal manual input is essential to streamlining our record keeping of vendor payments and financial statement disclosure and reporting processes, and we look forward to scaling even further with the platform.' 'Organizations in financial services, legal, insurance, and accounting face mounting pressure to automate while navigating rising regulatory complexity and shifting market demands,' said Tim Prugar, Head of Product & Engineering at fileAI. 'Instead of being held back by outdated processes and fragmented data, fileAI gives them the tools to access, structure, and act on critical information to drive successful business outcomes.' To learn more about fileAI and the V2 platform, please visit us at About fileAI fileAI is the leading AI-native workflow automation platform and the world's only horizontal file processing agent, designed to automate complex, unstructured data workflows at scale. Leveraging advanced predictive AI, vision language models (vLMs), and large language models (LLMs), fileAI simplifies data extraction, organization, and enrichment across diverse file types, including PDFs, spreadsheets, emails, text, and images. Trusted by global enterprises such as MS&AD, Toshiba, KFC, DirectAsia, Nippon, and Keppel, fileAI processes over 200 million files annually, significantly enhancing productivity, reducing operational costs, and redefining efficiency for businesses worldwide. With support for over 200 languages, fileAI empowers organizations of all sizes to seamlessly transform high-volume, knowledge-intensive processes into accurate, fully automated workflows.
Mint
5 days ago
- Automotive
- Mint
Vida VX2 electric scooter launched at ₹59,490 with battery subscription model: Range, features and more
Hero MotoCorp's electric vehicle arm, Vida, has expanded its two-wheeler portfolio with the launch of the VX2 electric scooter, its most affordable offering to date. Priced at ₹ 59,490 (ex-showroom) under the Battery-as-a-Service (BaaS) model, the VX2 marks a strategic move to make EV ownership more accessible by offering a pay-per-kilometre battery plan starting at just ₹ 0.96/km. The VX2 becomes the first Vida scooter to feature a battery subscription plan, joining the existing V2 lineup which includes the V2, V2 Pro, V2 Lite, and V2 Plus. Customers seeking outright ownership can purchase the VX2 Go at ₹ 99,490, while the higher-spec VX2 Plus will retail at ₹ 1,09,990, both prices ex-showroom. Under the BaaS model, the VX2 Go is offered at ₹ 59,490 and the VX2 Plus at ₹ 64,990. The BaaS offering aims to significantly reduce the scooter's upfront cost, a key consideration for price-sensitive markets. Visually, the VX2 inherits much of its design DNA from the earlier Vida Z, featuring the familiar LED tail-lamp and 12-inch wheels seen across the Vida range. However, the VX2 adopts a more utilitarian design with a single-piece stepped seat, emphasising comfort and daily practicality. Powering the VX2 Go is a 2.2 kWh swappable battery offering a claimed range of 92 km (IDC), while the VX2 Plus features a larger 3.4 kWh battery capable of up to 142 km on a full charge. Both variants support fast charging and can recharge to 80 per cent in approximately 60 minutes. The VX2 offers three different charging options to suit varied usage patterns, at home or on the move. Vida also claims the 12-inch wheels are the widest in their class, promising better grip and handling.
Mint
5 days ago
- Automotive
- Mint
Vida VX2 electric scooter launched at ₹59,490 with battery subscription model: Range, features and more
Hero MotoCorp's electric vehicle arm, Vida, has expanded its two-wheeler portfolio with the launch of the VX2 electric scooter, its most affordable offering to date. Priced at ₹ 59,490 (ex-showroom) under the Battery-as-a-Service (BaaS) model, the VX2 marks a strategic move to make EV ownership more accessible by offering a pay-per-kilometre battery plan starting at just ₹ 0.96/km. The VX2 becomes the first Vida scooter to feature a battery subscription plan, joining the existing V2 lineup which includes the V2, V2 Pro, V2 Lite, and V2 Plus. Customers seeking outright ownership can purchase the VX2 Go at ₹ 99,490, while the higher-spec VX2 Plus will retail at ₹ 1,09,990, both prices ex-showroom. Under the BaaS model, the VX2 Go is offered at ₹ 59,490 and the VX2 Plus at ₹ 64,990. The BaaS offering aims to significantly reduce the scooter's upfront cost, a key consideration for price-sensitive markets. Visually, the VX2 inherits much of its design DNA from the earlier Vida Z, featuring the familiar LED tail-lamp and 12-inch wheels seen across the Vida range. However, the VX2 adopts a more utilitarian design with a single-piece stepped seat, emphasising comfort and daily practicality. Powering the VX2 Go is a 2.2 kWh swappable battery offering a claimed range of 92 km (IDC), while the VX2 Plus features a larger 3.4 kWh battery capable of up to 142 km on a full charge. Both variants support fast charging and can recharge to 80 per cent in approximately 60 minutes. The VX2 offers three different charging options to suit varied usage patterns, at home or on the move. Vida also claims the 12-inch wheels are the widest in their class, promising better grip and handling. On the tech front, the VX2 Plus is equipped with a 4.3-inch TFT display, while the VX2 Go features a 4.3-inch LCD unit. Both variants support turn-by-turn navigation. Additional smart features include smartphone connectivity, real-time ride tracking, remote immobilisation, and cloud-based security functions. Firmware Over-The-Air (FOTA) updates are also supported.
Scotsman
6 days ago
- Politics
- Scotsman
I've experienced nightly attacks by Iranian drones and their despotic regime deserves no sympathy
Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... They say never to judge someone until you've walked a mile in their shoes. You might also want to hold off on judgment from what I'm about to say until you've lived under bombing yourself: Israel and the United States were right to bomb Iran, it's only a shame they didn't achieve more substantial results. I'm saying this as someone who's endured night after night of attacks by Iranian Shahed drones in Ukraine. Before the pearl-clutching becomes too constricting, let me reassure you that this is no revenge fantasy, or an expression of hatred for the Iranian people. They have languished under the regime of the mullahs for too long. Advertisement Hide Ad Advertisement Hide Ad The regime itself, however, is as cartoonishly evil as it gets and deserves no legitimacy, or sympathy. Its malign influence extends far from Tehran to Kyiv and even Edinburgh. Iran has supplied Shahed type 131 and 136 drones to Russia since the autumn of 2022 with the full knowledge that these weapons would be used to target civilians. They have limited battlefield use and are weapons of pure terror, much like the German V1 and V2 rockets during the Second World War. The aftermath of a drone strike in Kharkiv on May 30 (Picture: Sergey Bobok) | AFP via Getty Images Dreading the late-night lawnmower Regimes like Iran's and Russia's should be fought, and any action towards their overthrowing should be welcomed, even if it comes from quarters unpalatable to the Scottish body politic, like Israel. Justification for the regime's overthrow for its actions against its own people and in the countries of the Middle East abound; its actions in Ukraine are reason enough too. Since 2022, Moscow has launched 28,743 Shahed-type drones against Ukraine — with 2,736, or roughly 9.5 per cent, fired in June this year alone. Though many are now manufactured in Russia under the name Geran 1/Geran 2, Iranian design, manufacturing and maintenance expertise remain vitally important to their operation . Advertisement Hide Ad Advertisement Hide Ad Imagine lying in your bed late at night, you've heard the air-raid siren go off but you're shattered, sleep-deprived from previous air raids or hot nights without electricity. You drift back to sleep, until the loud cracks of anti-aircraft fire wake you up again. Then you hear the growl, a buzzing noise overhead that sounds like a lawnmower on its last legs. That's the Shahed, and if you can hear it, it's very close, maybe even over your apartment building. As awful the sound is, in that moment you pray you continue to hear it, because if it suddenly cuts out that growl might have been the last thing you ever hear as it drops on top of you. That is the reality of living under Shahed drone attacks, a reality that most Ukrainians have had to face for three years now. Thousands have lost their homes, their loved ones and their lives as a result of this terror bombing. Airstrikes or any other form of military campaign that halt Iran's support for Russia, even incrementally or momentarily, or result in the regime's eventual downfall, should be welcomed. Advertisement Hide Ad Advertisement Hide Ad Shahed-136 'Kamikaze' drones like this one have been used extensively to attack Ukrainian cities in a way reminiscent of the Nazis' use of V2 rockets to attack London during the Second World War (Picture: Anonymous / Middle East Images) | Middle East Images/AFP via Getty Iran's interference in Scottish politics Don't feel any sympathy for its wretched government; you are an enemy or a target for manipulation as much as any Ukrainian. The fact that a number of pro-independence X accounts mysteriously went dark after an Israeli airstrike on June 13, which caused an internet blackout that affected 95 per cent of national connectivity, should not come as a surprise. Iran sees us as a target whether we're nationalists or unionists, their aim is to merely stoke division. With that being said, and while I wouldn't be surprised if some fringe pro-UK accounts are also run by the regime's security forces, Iranian interference in Scottish constitutional matters would be welcomed by some on the pro-independence lunatic left, the types for whom Scottish identity is merely a means to an end, an extension of class warfare. Believers in mere 'whataboutism', where any cause, any regime and any atrocity can be justified so long as it is ostensibly opposed to American imperialism or the dreaded 'Zionists', this leftist fringe is no stranger to supporting Iran. One of its darlings, former British diplomat and Israel-obsessed grievance-grifter Craig Murray, is well known to the regime's state media . This is the same Murray who has backed Putin's invasion of Ukraine, claimed the Ukrainian state tolerates a 'current strain of Nazism in Ukrainian nationalism', and regurgitated the baseless lie that Russian language speakers in the country's east were being subjected to genocide. Advertisement Hide Ad Advertisement Hide Ad Such views are a calumny, demonstrably false and ridiculous as anyone who has actually been to Ukraine can attest. Murray also believes that despotic regimes like Iran are entitled to defend themselves, while countries like Ukraine are apparently not. Such views are those of a fringe, granted, and are demonstrably false and usually motivated by either ill-placed grievance or attention-seeking behaviour, but nonetheless, they are there. They represent the very worst of Scottish politics, a hateful cancer on the independence movement that distorts truth to suit their own aims. That Iran facilitates the terror bombing of one country, Ukraine, while supporting malcontents in ours who condemn the victims of that terror as Nazis, highlights the unscrupulousness of both. Do not give Iran, nor its stooges, any of your sympathy, wherever they may be. The country's leaders are happy to weaponise social media manipulation and bad-faith actors in our body politic, and any time they receive a bloody nose should be welcomed. Wait until you've lived under a Shahed's growl before you think otherwise.
