Business
Hero MotoCorp shares gain 2% after Q4 results. Why Goldman Sachs still forecasts 16% downside?
Revenue from operations rose 29% YoY to Rs 12,797 crore, compared with Rs 9,939 crore in the same period last year. Profit after tax increased 30% year-on-year to Rs 1,401 crore, up from Rs 1,081 crore. EBITDA came in at Rs 1,856 crore for the quarter, registering a 31.1% rise from Rs 1,416 crore a year earlier.
The company sold 17.14 lakh motorcycles and scooters during the quarter, marking a 24% increase over the year-ago period, driven by demand across entry-level, premium and scooter categories. The board also recommended a final dividend of Rs 75 per equity share of face value Rs 2 each, subject to shareholder approval.
Should you buy Hero MotoCorp shares?
Goldman Sachs has maintained a Sell rating on Hero MotoCorp, with a target price of Rs 4,300, a downside of 16% from the current levels. The brokerage said the company’s Q4 performance was broadly in line with estimates, with average selling prices improving sequentially on the back of a richer product mix and price hikes. It highlighted commodity inflation and supply chain stability as key factors to watch, along with the company’s market share outlook for FY27 and export trends.
Hero Moto management commentary
Hero MotoCorp said it has retained its position as the world’s largest manufacturer of motorcycles and scooters for the 25th consecutive year, reinforcing its leadership in the segment.
It also expanded its product portfolio with a series of new launches and updates, including the HF Deluxe Pro, Glamour X, Destini 125, Destini 110, Xoom 160, Xtreme 125R and Xpulse 210. Market share gains were driven by the entry-level segment, led by the HF Deluxe Pro, along with feature upgrades in models such as the Passion+ and the Splendor+ with XTEC 2.0 enhancements.Also read: Will Meesho’s 60% comeback rally cool or will Q4 serve as a new launchpad?
In the premium segment, the Harley-Davidson portfolio saw expansion with the launch of the H-D X440T, the return of the Street Bob, and the introduction of the new Road Glide and Street Glide models.
VIDA, the company’s electric mobility business, recorded its highest-ever annual retail performance, registering 190% growth over the previous year.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Kate’s First Overseas Trip Since Cancer Treatment
LONDON — Catherine, Princess of Wales, will travel to northern Italy next week for a two-day solo working visit, marking her first official overseas royal engagement since undergoing cancer treatment and signaling another major milestone in her steady return to public duties.

AFP
Kensington Palace announced Wednesday that the 44-year-old future queen will visit Reggio Emilia on May 13 and 14 to explore the city’s world-renowned approach to early childhood education and development. The trip aligns with her lifelong passion for supporting young children and expands the international reach of The Royal Foundation Centre for Early Childhood.
This will be Catherine’s first overseas royal trip since accompanying Prince William to Boston in December 2022. She has not undertaken extended foreign engagements in more than three years, following her cancer diagnosis announced in March 2024.
A Passion Project Goes Global
The Reggio Emilia approach, developed in the Italian city after World War II, emphasizes child-led learning, creativity, strong relationships and environments where “nature and loving human relationships come together to support children’s development,” according to palace statements. Catherine is expected to meet educators, parents, children and local leaders during the visit.
A Kensington Palace spokesperson said the princess is “very much looking forward to visiting Italy next week and seeing first-hand” the innovative methods. The trip represents a “significant next step” in taking her early years work onto the global stage.
Catherine launched The Royal Foundation Centre for Early Childhood in 2021 to highlight the critical importance of the first five years of life. She has described it as her life’s work, driven by research showing that positive early experiences shape lifelong outcomes in health, education and emotional well-being.
Cancer Battle and Gradual Return
Catherine revealed in March 2024 that she had undergone major abdominal surgery in January of that year, followed by preventative chemotherapy for an undisclosed form of cancer. She stepped back from public duties during treatment but shared emotional updates, including a powerful video message in March 2024 and confirmation in January 2025 that she was in remission.
Her return to royal life has been carefully paced. She rejoined family appearances at Trooping the Colour in June 2025, attended Wimbledon, and gradually increased her workload throughout 2025 and early 2026. Recent engagements in London showed her in good spirits as she prepared for the Italy trip.
The solo nature of the Italy visit underscores her growing confidence in resuming a fuller schedule while managing energy levels post-treatment. Palace aides have emphasized that her health remains the priority, with all travel and activities planned accordingly.
Significance for the Royal Family
The announcement comes at a time when the monarchy is navigating multiple transitions. King Charles III continues his own cancer treatment and recovery, while Prince William balances increased responsibilities with support for his wife. The couple’s three children — Prince George, 12, Princess Charlotte, 11, and Prince Louis, 8 — are expected to remain in the UK during the short trip.
Royal watchers see the Italy visit as symbolic of Catherine’s resilience and commitment to her patronages. It also highlights Britain’s soft power through cultural and educational diplomacy, building on longstanding ties with Italy.
Fans and well-wishers reacted with joy online, praising Catherine’s dedication. Many noted the personal significance of her returning to international duties after a challenging period. “This is wonderful news — Kate is an inspiration,” one social media user commented.
Looking Ahead
Details of the itinerary remain limited, but the two-day program is expected to include site visits to early childhood centers, discussions with experts and opportunities to observe classroom practices. No formal state elements are planned, keeping the focus on her charitable work.
The trip follows Catherine’s recent domestic engagements and comes ahead of a busy summer schedule that may include more high-profile appearances with the family. It also sets the stage for potential future joint overseas tours with Prince William.
Catherine’s openness about her health journey has resonated widely, raising awareness about cancer and encouraging others facing similar battles. Her emphasis on early childhood remains a consistent thread, even as she balances recovery with royal responsibilities.
As the Princess of Wales prepares for her journey to Reggio Emilia, the visit promises not only to advance her signature cause but also to showcase her strength and optimism after a deeply personal health challenge. For a woman who has become one of the most admired figures in the royal family, this return to the international stage feels like a hopeful new chapter.
Italy, with its rich history and pioneering educational philosophy, provides a fitting backdrop for Catherine’s first post-treatment overseas mission. As she steps onto foreign soil once more, the world will be watching a princess who has faced adversity with grace and emerged more committed than ever to making a difference for the youngest members of society.
Business
Seahawks’ Derick Hall partners with Huggies after NICU survival
Fanatics Betting & Gaming CEO Matt King discusses Superbowl bets, a commercial collaboration with Kendall Jenner and more on ‘The Claman Countdown.’
Seattle Seahawks linebacker and recent Super Bowl hero Derick Hall and his mother, Stacy Gooden-Crandle, have partnered with the classic American diaper brand Huggies to share Hall’s story of survival as an infant.
Hall and Gooden-Crandle starred in the brand’s “Natural Born Fighters” advertisement, showcasing Hall’s miraculous journey from a baby with a 1% chance to live to Super Bowl champion. The campaign celebrates Hall and other figures in history who were born in the neonatal intensive care unit (NICU) with low survival chances after premature births, including Albert Einstein and Isaac Newton.
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For Gooden-Crandle, the partnership is rooted in memories that she still holds close.

Derick Hall #58 of the Seattle Seahawks looks on from the sideline during the national anthem prior to an NFL football game against the Atlanta Falcons at Mercedes-Benz Stadium on December 7, 2025, in Atlanta, Georgia. (Perry Knotts/Getty Images / Getty Images)
“Both of my children actually wore Huggies,” she said. “And I actually had one of their very first diapers… but now you gotta think, that’s 25 years ago, think about all the designs that they’ve done now… working with the NICU nurses and doctors to develop a diaper specifically for NICU babies, that to me states the best fight that you could ever want to have for a brand that wants to make sure that NICU babies have the best opportunities at the very beginning of their fight.”
SEAHAWKS SUPER BOWL HERO DERICK HALL OPENS UP ABOUT HOW ‘GOD’ SAVED HIM FROM NEAR-CERTAIN DEATH

Derick Hall #58 of the Seattle Seahawks holds the Vince Lombardi trophy on stage with his teammates after winning the NFL Super Bowl LX football game against the New England Patriots at Levi’s Stadium on February 8, 2026, in Santa Clara, California. (Brooke Sutton/Getty Images / Getty Images)
Hall had a 1% chance of survival when he was born four months premature at just 23 weeks gestation, weighing just two pounds, nine ounces. He was born without a heartbeat, suffering from a brain bleed.
“I wasn’t born … breathing,” he told Fox News Digital. “I was born dead.
Gooden-Crandle told Fox News Digital those first days of her son’s life were filled with uncertainty and fear.
“Emotional, a lot of uncertainty, scared,” she said of her emotions in the days that followed her son’s premature birth. “But… those weren’t the feelings that I was feeling during Derick’s birth. I just trusted that God would work everything out.”
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The journey paid off as Hall made his mark on NFL history when he came up with a tone-setting strip sack in the Super Bowl against the New England Patriots this February.

Derick Hall #58 of the Seattle Seahawks strip sacks Drake Maye #10 of the New England Patriots during the third quarter of the NFL Super Bowl LX football game at Levi’s Stadium on February 8, 2026, in Santa Clara, California. (Brooke Sutton/Getty Images / Getty Images)
“You can’t tell me that a child with a one percent chance to live… ends up being a Super Bowl champion one day without the Lord being in their lives,” Hall said. “That’s a miracle in itself.”
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Business
Campaigners call for ban on use of weedkiller glyphosate at harvest time
Campaigners are calling for a ban on the use of the weedkiller over health concerns.
Business
Opinion: Voters will decide if vision is blurred
OPINION: Opposition must start laying out policies that catch voters’ imaginations.
Business
Staten Island restaurateur balances growth and rising costs
Small Business Administration Administrator Kelly Loeffler joins ‘Mornings with Maria’ to tout President Donald Trump’s small business agenda, highlight job growth from tax cuts and detail a crackdown on $22B in suspected fraud.
As the U.S. approaches its 250th anniversary, small businesses remain a cornerstone of the American economy, employing nearly half of the private sector workforce and powering communities across the country.
On Staten Island, that story is playing out in real time for restaurant owner Rob DeLuca.
DeLuca didn’t initially plan on a career in hospitality. His father worked in construction and at one point told him to find a different path. That push led him to a job bussing tables at a local restaurant. What started as a fallback quickly became something more.
MAMDANI TAX BREAK PROPOSAL SPARKS FEARS AS BUSINESS LEADERS WARN OF ‘FRAGILE’ NYC ECONOMY
“I worked while I went to school, got my bachelor’s and my master’s,” DeLuca told FOX Business. “I almost went to law school, but the restaurant was always calling me back.”

Young male chef making Bolognese pasta in a commercial kitchen. Close-up. (Getty / Getty Images)
More than 20 years later, DeLuca now owns three restaurants: DeLuca’s Italian Restaurant, a high-end dining establishment he opened nine years ago; Don Roberto’s, a classic Italian concept; and Rocky’s Pizza Bar. Together, they make up what he refers to as the “Delucaverse,” a growing portfolio of brands rooted in the same community.
But expansion has come at a time when the economics of running a restaurant are becoming increasingly difficult.
DeLuca says prices have risen roughly 20% over the past year alone, driven largely by persistent supply chain pressures that began during the pandemic and never fully eased.
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“The food cost supply chain has gone through the roof,” he said. “Suppliers bumped up prices during COVID, and we thought it would be temporary. It didn’t come back down. And now with global tensions impacting gas prices, it affects the supply chain and food prices almost instantly.”
Those increases are especially difficult to navigate in a neighborhood like Staten Island, where much of his business comes from repeat customers.
“People are very price conscious right now,” DeLuca said, adding that customers notice when dishes increase in cost from $13 to $19 to $22, for example.
Even so, DeLuca says the passion for the work keeps him going, despite the long hours and mounting responsibilities.
“Every day I wake up with a smile because I don’t feel like I’ve worked a day in my life,” he said. “But it’s a lot of work. I have two small children I want to spend time with… and at the end of the day, the buck stops with me.”
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His story reflects a broader reality for small business owners nationwide: balancing rising costs, shifting consumer behavior, and the weight of running an operation where every decision matters.

Employees talk amongst themselves at a small business. (Getty Images)
Still, many are adapting. From policy shifts aimed at boosting domestic production to the growing use of artificial intelligence, now used by a majority of small businesses, owners are finding new ways to stay competitive.
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A computer screen displays an image of artificial intelligence. (iStock)
For DeLuca, the focus remains on consistency and community: keeping his restaurants running, maintaining quality, and serving the customers who have supported him from the beginning.
It’s a model that has defined Main Street for generations and one that continues to evolve as small businesses navigate the challenges ahead.
Business
Former USTR sees no impending tariff relief

More “unpredictability” and “volatility” ahead.
Business
Why did Paddington Bear need a police escort?
Rav Wilding joins us with the latest crime headlines.
From a shocking BBC investigation exposing scammers abusing dogs to con animal lovers, to how to spot a shop used by organised crime — plus why Paddington Bear needed a police escort.
To watch this with subtitles go to BBC iPlayer and search for Morning Live from 06/05/2026.
Business
State govt commits another $1.5b to housing ahead of budget
The state government has committed another $1.5 billion to its housing spend ahead of the budget, while at the same time ruling out any significant changes to stamp duty.
Business
Thai Board of Investment (BOI) approves TikTok’s $25 billion investment in data infrastructure
The Thai Board of Investment (BOI) has officially approved a $25-billion data infrastructure investment by TikTok, part of a larger $29-billion package of six major projects aimed at bolstering Thailand’s digital economy.
Key Points
- Investment Scope: TikTok’s $25-billion investment is focused on expanding data storage and processing infrastructure in Bangkok, Samut Prakan, and Chachoengsao.
- Economic Context: The project is part of a total of $29 billion in new investments approved by the BOI, reflecting a 2.4-fold year-on-year surge in investment applications in early 2026.
- Strategic Objectives: The infrastructure expansion is intended to support the rising demand for digital services and strengthen Thailand’s position in regional digital connectivity and AI-aligned growth.
- Workforce Development: TikTok has pledged to provide educational resources, including digital literacy and e-commerce training, to create new business opportunities for Thai entrepreneurs.
- Corporate Presence: TikTok, owned by ByteDance, has operated in Thailand since 2021 through its regional office, TikTok Technologies Co, and currently serves millions of users and business entities across Southeast Asia.
The total investment value of TikTok ‘s data infrastructure project in Thailand is 842 billion baht (approximately $25 billion). This large-scale expansion, approved by the Board of Investment (BOI) in May 2026, involves installing additional servers and expanding data storage and processing infrastructure.
The project will focus on strengthening regional digital infrastructure with facilities across Bangkok, Samut Prakan, and Chachoengsao. This latest approval follows a previously granted 127-billion-baht data-hosting project in 2025 and a broader commitment by TikTok owner ByteDance to invest in Thai digital literacy and e-commerce. The investment comes amid a surge in Thai digital sector applications, which exceeded 1 trillion baht in the first quarter of 2026.
This massive undertaking involves expanding servers and data processing capabilities across Bangkok and surrounding provinces to meet increasing digital demand. Beyond infrastructure, TikTok has committed to supporting Thailand’s digital workforce by developing literacy and e-commerce curricula for local entrepreneurs, further cementing the country’s role as a regional hub for digital services and AI-driven growth.
The surge in digital sector investments in Thailand is primarily driven by massive capital inflows into data infrastructure and a strategic shift toward an AI-centered economy. The Board of Investment (BOI) recently reported that investment applications in the first quarter of 2026 exceeded 1 trillion baht, a 2.4-fold increase year-on-year, fueled by mega-projects in digital and electronics sectors.
A major catalyst for this growth is the expansion of digital infrastructure, highlighted by a $25-billion investment from a local unit of TikTok to install servers and expand data processing across Bangkok and neighboring provinces. Global demand for artificial intelligence (AI) processing and cloud services now accounts for 86% of the total digital investment value, attracting investors from Singapore, Japan, and the United Kingdom. Additionally, Thailand is positioning itself as a regional semiconductor and electronics hub through national strategies aimed at developing a high-tech workforce and supporting AI-driven hardware demand.
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