Quess Corp reported a 3% year-on-year revenue increase to 3,832 crore in Q2FY26, with EBITDA reaching a record 77 crore, up 11%. Growth was primarily driven by the General Staffing segment, which added 21,000 employees, and strong performance in Professional Staffing, particularly in the GCC segment.
Car makers worldwide are struggling to secure vital computer chips. A ban on exports from China by Dutch firm Nexperia is causing a major shortage. This is impacting production for companies like Nissan and Mercedes-Benz. Honda has already halted operations in Mexico. The situation is a significant challenge for the auto industry.
Wall Street was pointing toward gains in premarket trading Wednesday as markets focus on the latest corporate earnings ahead of the Federal Reserves interest rate decision this afternoon.
