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Eli Lilly's retatrutide passes heart safety trial, no added risk
Eli Lilly's experimental weight-loss drug, retatrutide, showed no increased heart risks in a new study, bolstering its potential as the company prepares for FDA approval next year.
US stocks open sharply lower as Brent crude tops $100
US stocks plunged Thursday as Brent crude surpassed $100 per barrel, fueled by West Asia tensions. Alphabet and Tesla's disappointing earnings dragged the Nasdaq nearly 2% lower.
Meesho upgrades Chorus AI to help 1st-time small city sellers
Meesho is enhancing its AI platform, Chorus, to assist first-time sellers with pricing, catalogue optimisation, and business decisions, focusing on smaller-town entrepreneurs.
Akums to buy Oriflame India manufacturing business for ₹56cr
Akums Drugs and Pharmaceuticals will acquire Oriflame India's manufacturing business for Rs 56 crore, marking its entry into colour cosmetics with facilities in Roorkee and Noida.
Delhi gold, silver fall on oil spike and inflation fears
Gold prices fell ₹400 per 10 grams, while silver dropped ₹300 per kilogram as surging crude oil rates and inflation concerns weighed on global bullion markets.
SEBI proposes moving ODR to stock exchanges, depositories, clearing corporations
SEBI plans to transfer investor dispute resolution administration to stock exchanges and depositories, aiming for faster grievance redressal and improved regulatory oversight.
GGF Astraa Analytica seeks ₹400cr, 100 acres Kurnool drone cluster
Hyderabad-based GGF Astraa Analytica plans to establish a ₹400-crore drone cluster in Kurnool Drone City, seeking 100 acres for advanced research and manufacturing facilities.
Poojaa Precision Engg launches IPO July 28-30 to raise 159.83cr
Poojaa Precision Engg is set to open its Rs 160-crore IPO for public subscription from July 28 to July 30, with a price band of Rs 285-301 per share.
Infosys trims fiscal 2027 growth forecast to 1.5% to 3%
Infosys revised its FY27 revenue growth guidance to 1.5%-3%, lowering the upper range amid macroeconomic uncertainties and subdued discretionary spending in key markets.
SEBI plans risk based margins for equity cash trades
SEBI plans to replace the flat 20% upfront margin rule with a risk-based system, aiming to improve liquidity and align investor margins with actual market risks.
Securities and Exchange Board of India unveils MF-PMS for HNIs
Sebi has proposed a mutual fund-only PMS framework, lowering the investment threshold to ₹25 lakh, while expanding portfolio managers' access to unlisted and overseas assets.
Infosys headcount down 532 to 328,062 while hiring 4,000
Infosys reported a net headcount reduction of 532 employees in Q1FY27, while hiring over 4,000 freshers as part of its commitment to recruit 20,000 graduates by FY26.
Meesho posts ₹3,712.8cr revenue and narrows loss versus estimates
Meesho surpassed Q1 revenue expectations with ₹3,712.8 crore, driven by 34% NMV growth and improved profitability, despite ongoing investments in AI, logistics, and new ventures.
BlackRock, Coinbase and others form Bitcoin security consortium, pledge $15 million
Nine major crypto firms, including BlackRock and Coinbase, pledged $15 million to bolster Bitcoin security against quantum computing threats over the next three years.
SEBI proposes PMS rule changes to allow overseas investments
SEBI has unveiled a comprehensive proposal to revamp Portfolio Management Services, introducing overseas investment options and expanding opportunities for wealthy investors.
SEBI proposes PMS access to unlisted and overseas securities
SEBI plans to ease compliance norms and expand asset options for portfolio managers, enabling diversified investments in unlisted and overseas securities.
Infosys announces pay raises and plans 20,000 recent graduate hires
Infosys CEO Salil Parekh announced salary hikes for most employees in October, with senior-level revisions in January, alongside plans to hire 20,000 freshers this financial year.
What is Fund My Staff, Ashneer Grover's new fintech start-up?
Ashneer Grover, the former MD and co-founder of BharatPe, has launched a new fintech platform called Fund My Staff.
EU fines Google $1B for Search and Play Store violations
The European Commission has slapped a hefty €890 million ($1 billion) fine on tech giant Google.
Google posts negative cash flow for 1st time since IPO
Google's parent company, Alphabet, has reported a negative free cash flow of $5.9 billion in the second quarter of 2026.
Trump tariff plan on generics threatens Indian pharma, markets steady
Indian pharma stocks have shown a measured reaction to Trump's proposed tariffs, as delayed implementation and existing US manufacturing provide a buffer against immediate risks.
India approved Phase II strategic oil reserves adding 6.5MT storage
India plans to develop Phase-II of its strategic petroleum reserves at Rs 14,527 crore under a PPP model, adding 6.5 million tonnes of crude storage in Odisha and Karnataka.
Infosys shares fall nearly 5% after profit drops 9%
Infosys reported a 9% QoQ profit decline to Rs 7,769 crore in Q1 FY24 and trimmed its FY27 revenue growth guidance, leading to a nearly 5% drop in its ADR.
NIIT Learning Systems Q1 FY27 profit rises 16.4% to 57.4cr
NIIT Learning Systems reported a 16.4% YoY rise in Q1 FY27 profit to ₹57.4 crore, with revenue jumping 25.2% to ₹565.1 crore, driven by AI-led services contributing 13%.
Milky Mist plans early August ₹1,553cr IPO after Temasek investment
Milky Mist Dairy Food Ltd is set to debut on the capital markets in early August, aiming to raise ₹1,553 crore through India's largest dairy sector IPO.
Blinkit grows bigger and more profitable
Eternal's latest shareholder letter reveals that Blinkit has grown nearly as big as Zepto and Swiggy Instamart combined. The company also remained profitable during this period.
India's credit growth fastest since 2012, corporate loans up 18.3%
India's credit expansion has reached its highest level since 2012, driven by a 13-year high in corporate loan growth and resilient household borrowing.
Ashneer Grover launches fund My Staff employer guaranteed loans
Ashneer Grover, ex-BharatPe MD, has introduced Fund My Staff, a fintech platform enabling employers to guarantee loans for employees with limited credit history.
Infosys names Ashiss Kumar Dash CEO-designate effective immediately, succession planned
Infosys has named Ashiss Kumar Dash as its CEO-designate, effective immediately, with plans for him to assume the role of CEO and Managing Director from April 1, 2027.
Infosys names Ashiss Kumar Dash CEO-designate effective April 1 2027
Infosys has appointed Ashiss Kumar Dash as CEO designate, effective April 1, 2027. He will succeed Salil Parekh after the latter's nine-year tenure.
IndiGo posts ₹238 cr loss, cites fuel and currency losses
IndiGo posted a ₹238 crore net loss in Q1 FY26, citing higher fuel prices, forex losses, and the West Asia conflict as key factors impacting profitability.
Amazon, Meta cut nearly 40,000 jobs to refocus on AI
Amazon and Meta have collectively laid off nearly 40,000 employees in the past 10 months, reallocating resources to prioritize their aggressive investments in AI development.
IBS Group launches Naviq technology with $500 million and 2,000 employees
IBS Group has launched Naviq Technology in Kochi, investing $500 million to develop AI-powered predictive tools for the $12 trillion global travel sector.
Brent crude nears $100 on US Iran geopolitical tensions
Brent crude's surge near $100 per barrel raises concerns over India's inflation, current account deficit, and rupee stability despite diversified oil sourcing efforts.
Adani Power eyes 1st nuclear plant at Bina and Nigrie
Adani Power is exploring its first nuclear project in Bina, Madhya Pradesh, leveraging land from Jaiprakash Power Ventures amid India's push for private nuclear participation.
Airtel Africa to list Airtel Money in London by 2026
Airtel Africa has announced London as the preferred location for listing its fintech platform, Airtel Money, in 2026 to access a broad international investor base.
Rupee ends 96.5725 per US dollar amid Saudi tanker attacks
The Indian rupee closed almost unchanged near a two-month low, as central bank intervention offset pressures from soaring oil prices nearing $100 per barrel.
Adani Power plans 10GW nuclear by 2035, awaiting government permission
Adani Power aims to develop 10 GW of nuclear capacity by 2035 but awaits government regulations permitting private-sector participation before finalizing investment decisions.
Indian stocks slip 4th straight day amid oil driven selloff
Indian stock benchmarks Sensex and Nifty 50 fell for the fourth straight session, erasing ₹3 lakh crore in investor wealth as crude oil prices soared to $99 per barrel.
Vijay Rayapati rebukes Sridhar Vembu over Delhi student protests
Vijay Rayapati, Atomicwork's Indian-American CEO, rebuked Zoho founder Sridhar Vembu for labeling Delhi student protesters as threats to India's progress.
European Union fines Google €890 million over search and apps
The EU has fined Google €890m for violating the Digital Markets Act by prioritizing its own services in search results and restricting app developers' options.
Tesla robotaxi rollout misses half US population target by 2025
Tesla's ambitious robotaxi expansion faces delays, with limited city launches and slower-than-expected growth, prompting a more cautious tone from executives during earnings calls.
CGHS pensioner cards go paperless via Bhavishya portal
The Ministry of Health and Family Welfare (MoH&FW) has launched a paperless application process for the Central Government Health Scheme (CGHS) pensioner card.
UltraTech Cement finance committee approves ₹5000cr private placement of NCDs
UltraTech Cement plans to raise ₹5,000 crore through non-convertible debentures (NCDs) on a private placement basis, following approval from its Finance Committee.
Amazon lays off employees in AGI unit
Amazon has announced another round of layoffs, this time targeting its Artificial General Intelligence (AGI) unit.
Allcargo Logistics backs India's MSMEs with smarter logistics solutions
Allcargo Logistics empowers India's specialised MSME clusters with integrated, technology-driven logistics solutions, enhancing market access and delivery reliability.
Adani seeks change in rule to enter airline business
The Adani Group has approached the Indian government for a change in an existing rule that prohibits Delhi and Mumbai airport operators from holding more than 10% stake in a scheduled airline.
BCG: Indian firms quadrupled patent filings and discovered 10+ molecules
India's pharmaceutical industry is evolving beyond generics, with rising R&D investments and innovation ecosystems positioning it as a future global pharma innovation hub.
Vellora Impact stock jumps 20% after ₹7.90cr Q1 profit
Shares of Vellora Impact soared 20% on July 23, driven by a sharp turnaround in its agriculture business, which boosted Q1FY27 net profit to ₹7.90 crore.
Sundar Pichai explains Gemini 3.5 Pro delay during Q2 call
Google CEO Sundar Pichai celebrated a robust second quarter with 24% revenue growth, while addressing investor concerns over the delayed Gemini 3.5 Pro AI model release.
SBI Funds Management, 3one4 Capital plan $200 million private tech fund
SBI Funds Management is reportedly collaborating with 3one4 Capital to launch a $200 million technology-focused alternative investment fund, pending regulatory approval from SEBI.
Skyroot becomes India's 1st spacetech unicorn with $1.1B valuation
Skyroot Aerospace, India's first spacetech unicorn, has a surprising investor—Haldiram’s, the iconic Indian food giant, which participated in its Series B funding round in 2022.
Aastha Spintex declares 1 for 1 bonus, Re.0.10 FY2026 dividend
Recently-listed Aastha Spintex announced a 1:1 bonus issue and recommended a final dividend of Re 0.10 per share for FY26, boosting its shares by 2.58% on the NSE.
Air India to start Amritsar-Delhi hub-and-spoke flights with single-check-in
Air India will soon connect Amritsar with Delhi under the hub and spoke model, enabling seamless international travel through streamlined check-in and immigration processes.
Rocket Lab to buy Iridium for $8B, enters satellite market
Rocket Lab, founded in New Zealand, has announced an USD8 billion acquisition of Iridium, shifting focus from rocket launches to dominating satellite communications globally.
Porsche reportedly plans another 5,000 job cuts amid sales slump
Porsche plans to cut 5,000 more jobs, adding to previous layoffs, as it grapples with declining sales and prepares for a lineup overhaul amid financial challenges.
Bandhan Bank shares slide nearly 20% after FY27 guidance cut
Bandhan Bank shares plunged 20% over two days as FY27 profitability guidance cuts overshadowed strong Q1 earnings, raising concerns among investors and analysts.
Equinix to triple India data center capacity, hit 14,000 racks
Equinix aims to triple its data centre capacity in India to 14,000 racks by 2028, driven by growing AI adoption among banks and enterprises in the country.
IndusInd Bank calls ₹10,000cr fundraising plan a backup
IndusInd Bank clarified that the Rs 10,000-crore fundraise is an enabling resolution with no immediate plans to raise capital, citing strong capital adequacy and CET1 levels.
EasyJet profits drop 70% to £85m after Iran fuel spike
EasyJet reported a 70% drop in pre-tax profits due to surging fuel costs driven by the Iran conflict, as late bookings and ownership uncertainties further challenge the airline.
Mark Cuban urges companies not to replace workers with AI
Mark Cuban cautions companies against replacing workers with AI, emphasizing human judgment and awareness of consequences that current AI models lack.
PVR Inox posts 56.5cr profit as revenue climbs nearly 12%
PVR Inox reported a ₹56.5 crore net profit in Q1FY27, reversing a ₹54.5 crore loss YoY, with revenue rising 11.9% to ₹1,622.2 crore; shares jumped over 5%.
Brent crude tops $98 after Houthi attacks raise supply fears
Brent crude surged past $98 per barrel, hitting a six-week high, as Houthi attacks on Saudi tankers in the Red Sea fueled fears of global oil supply disruptions.
India local-content policy causes solar shutdowns, risks nearly $4 billion
India's solar panel manufacturers are halting production due to domestic component shortages, exacerbated by China's export restrictions on critical solar technology.
Bitcoin at $65,700 as US spot ETFs draw nearly $930 million
Bitcoin hovered around $65,700 on Thursday as AI-driven inflation fears limited gains. Strong ETF demand added $203 million in inflows, signaling sustained institutional interest.
ITC expects ₹8L/cr addressable FMCG market by 2035 citing youth
ITC aims to capture a ₹8 lakh crore FMCG opportunity by 2035, leveraging AI-driven consumer insights, omnichannel expansion, and strategic acquisitions to strengthen its portfolio.
Besi reports €292.9 million orders, more than double last year
Besi's quarterly orders soared over 100%, driven by rising demand for AI applications and its pioneering hybrid bonding chip-packaging technology.
Air India and Saudia sign deal easing India-Saudi travel connections
Air India and Saudia signed an MoU to expand their codeshare agreement, enhancing air connectivity and exploring broader operational collaboration between India and Saudi Arabia.
Why Qatar is extending its LNG force majeure
QatarEnergy is likely to extend the force majeure on liquefied natural gas (LNG) shipments until mid-October, people with knowledge of the matter told Reuters.
Glancy Prongay & Rotter probes HDFC Bank over ₹45cr expenses
A US law firm is investigating HDFC Bank over allegations of misleading investors and governance issues, following a sharp drop in its US-listed shares.
Uber cuts 10% of customer service jobs in AI push
Uber Technologies has announced a major downsizing in its customer service division, laying off 10% of its customer service workforce.
Nestle spins water brands into Peranel JV for €3 billion
Nestlé will receive $3.43 billion from a joint venture with Platinum Equity, transferring premium water brands and Nestlé Pure Life to the newly formed company, Peranel, by 2027.
Goldman Sachs forecasts India's auto parts growth at 10% annually
India's auto parts sector is projected to grow at a 10% CAGR till FY30, driven by diversification into high-growth sectors like EVs, semiconductors, and aerospace.
AI, cloud and digital services drive India data center expansion
India's data centre industry is set for expansion driven by AI adoption and digitalisation, but land and power access remain critical challenges, a report reveals.
AGNIT Semiconductors seeks funding, eyes GaN factory under Semicon 2.0
AGNIT Semiconductors is seeking fresh funding to scale operations and is evaluating setting up a GaN fabrication facility under India's Semicon 2.0 initiative.
Indo-MIM IPO opens today with 38% GMP
Indo-MIM Ltd has launched its initial public offering (IPO) today. The offer will remain open until July 27.
Hyundai Q2 operating profit down nearly 21% amid sales slip
Hyundai Motor's Q2 operating profit fell 21% to 2.85 trillion won, missing analyst forecasts, as global retail sales declined amid competition and policy uncertainties.
Nokia Q2 2026 comparable operating profit rises 18% to €434m
Nokia's Q2 operating profit soared 18% to €434 million, surpassing estimates, as sales to AI and cloud customers doubled and new orders reached €2.8 billion.
Alphabet becomes first company to report $100B quarterly profit
Google-parent Alphabet has become the first company in history to report over $100 billion in quarterly profit.
MedPlus pauses ₹115cr concierge healthcare venture after investor concerns
MedPlus Health Services has temporarily shelved its concierge healthcare venture after investor feedback, prioritizing board discussions for future decisions.
Indian government bonds slip as oil tops $96, yields climb
Indian government bonds weakened as crude oil prices neared $100 per barrel, raising inflation concerns, while climbing U.S. Treasury yields further dampened investor sentiment.
JPMorgan to hire 1,000 India tech staff with HackerRank test
JPMorgan plans to recruit 1,000 technology experts for its India GCCs, focusing on AI, cloud architecture, and cybersecurity to support global digital transformation initiatives.
Xtranet Technologies IPO opens today: Should you bid?
Xtranet Technologies, an IT solutions provider, has launched its initial public offering (IPO) today. The three-day bidding period will end on July 27.
Adecco Group report: AI reshaping tasks, not causing mass unemployment
AI is reshaping work by altering roles and tasks rather than eliminating jobs, says Adecco Group, citing record-high employment rates and historic low unemployment globally.
BusinessNext secures $40 million from ServiceNow Ventures, valuation rises to $700 million
BusinessNext, a Noida-based banking software startup, raised $40 million from ServiceNow Ventures at a $700 million valuation to enhance its AI-driven platform and expand globally.
Tesla's Q2 revenue jumps 26% but profitability still a concern
Tesla has reported a strong recovery in its financial performance for the second quarter of 2026.
Indian markets slip, Sensex falls 316.50 amid West Asia tensions
Indian equity markets fell on July 23 due to escalating West Asia tensions and rising crude oil prices, impacting sectors like banking, realty, and pharma.
Google parent raises 2026 AI spending to $205B
Google's parent company, Alphabet, has announced a major increase in its capital expenditure plans for 2026.
Software engineer sparks Reddit debate over AI tools, stagnant pay
A developer claims AI has increased productivity expectations and compressed delivery timelines, leaving engineers with heavier workloads but no corresponding pay rise.
Elizabeth Warren and lawmakers press Barclays on Staley's Epstein ties
US Senator Elizabeth Warren has pressed Barclays for clarity on its alleged failure to investigate former CEO Jes Staley’s ties to convicted sex offender Jeffrey Epstein.
Indian rupee opens at ₹96.49 as Brent tops $96
The Indian rupee gained 8 paise against the US dollar on Thursday, despite rising crude oil prices and escalating geopolitical tensions in West Asia weighing on market sentiment.
Wellington, Vanguard and Blackstone launch 2 funds for affluent investors
Wellington, Vanguard, and Blackstone unveiled two hybrid funds blending public and private assets, catering to high-net-worth and mass-affluent investors globally.
IBM's Hans Dekkers: Asia-Pacific tech budgets uneven as AI rises
Enterprise tech investments in Asia-Pacific face volatility, but IBM predicts sustained growth in AI adoption as businesses prioritize long-term strategies over isolated projects.
Crude oil prices near $100 as US-Iran tensions escalate
Commodity markets witnessed a mixed bag on July 23. Crude oil prices hit their highest in over six weeks amid rising tensions in the Middle East.
KOSPI jumps 9% on semiconductor rally and 0.6% GDP growth
South Korea's Kospi surged 9% over three sessions, driven by stronger-than-expected GDP growth and robust AI spending plans from US tech giants, boosting chip stocks significantly.
ICICI Bank returns to global debt market with $500m-plus bond
ICICI Bank plans to raise $500 million via a five-year dollar bond, marking its first issuance since 2017, leveraging India's lower-cost hedging facility for competitive pricing.
Sotefin Bharat IPO oversubscribed, likely flat debut on BSE SME
Sotefin Bharat Ltd. debuts on the BSE SME platform today, with grey market premium trends signaling a flat listing despite its IPO being subscribed 3.78 times overall.
Large and midcap mutual funds post ₹4,321.32cr inflows, ₹3,53,143.25cr AUM
Large & Mid Cap funds witnessed a 32% rise in net inflows in June 2026, reflecting growing investor interest in this category that blends stability with growth potential.
Alphabet posts strong Q2 2026 as AI drives revenue growth
Alphabet CEO Sundar Pichai highlighted 24% revenue growth and Gemini's rapid adoption, countering concerns about Google's position in the competitive AI landscape.
Oil jumps to $96 a barrel amid US Iran tensions
Brent Crude surged over 2%, surpassing $96 per barrel, driven by escalating US-Iran tensions, with experts predicting prices could hit $100 before the month's end.
Bhopal-based Xtranet Technologies opens ₹166.8cr IPO with ₹120-₹127 band
Xtranet Technologies Limited's ₹166.8-crore IPO opens today, priced between ₹120-₹127 per share. The IT solutions provider plans to list on BSE and NSE on July 30.
Indo-MIM opens ₹3,812 cr IPO, bids close July 27
Indo-MIM's ₹3,812-crore IPO opens today, featuring a mix of fresh equity and offer-for-sale shares. Investors can bid in lots of 30 shares within the price band.
Xtranet Technologies opens ₹120-127 IPO with 10% gray market premium
Xtranet Technologies' Rs 166.8 crore IPO opens today, offering 1.31 crore fresh equity shares. Grey market trends indicate a 10% premium over the upper price band of Rs 127.
Uber lays off 10% of customer service team, citing AI
Uber has eliminated 10% of its customer service roles, citing efforts to streamline operations and integrate artificial intelligence into its processes.
Nifty 50 may open lower as GIFT Nifty down 95
GIFT Nifty traded 95 points lower as escalating Iran-US tensions and surging crude oil prices dampened global risk sentiment, signaling a subdued market opening.
Gold and silver retreat on profit taking after global rally
Gold prices dipped after hitting a two-week high, as profit-booking and a stronger US dollar weighed on bullion ahead of the Federal Reserve's policy meeting next week.
Khosla Ventures eyes $5.5 billion record fundraising with 3 funds
Khosla Ventures is planning a record $5.5 billion fundraise, allocating $1 billion for seed startups, $2 billion for early-stage ventures, and $2.5 billion for mature companies.
Middle East clashes push oil to highest levels in weeks
Brent crude surged past $95, hitting a six-week high, as U.S. strikes on Iran entered their 12th day. Goldman Sachs warns prices could reach $120 if disruptions persist.
GIFT Nifty signals 100 point gap down after oil surge
Indian stock markets are expected to open on a flat-to-negative note Thursday, with Gift Nifty signaling a 100-point gap down amid mixed global cues and rising crude prices.
Alphabet raises 2026 spending to $205 billion for AI cloud
Alphabet has raised its 2026 capital expenditure plans to $195-$205 billion, up from $180-$190 billion, to accelerate investments in AI-driven computing infrastructure.
Wall Street pays up to $100,000 for Trump Truth API
Automated trading systems on Wall Street are leveraging President Trump’s Truth Social posts to execute rapid trades, capitalizing on market-moving announcements within seconds.
Brent crude at $96 after US airstrikes and Houthi attacks
Brent crude surged to $96, its highest since June, as U.S.-Iran hostilities intensified and Houthi attacks on Saudi oil tankers disrupted global energy supply routes.
Elon Musk hints at Tesla SpaceX merger on earnings call
Elon Musk hinted at a potential Tesla-SpaceX merger, citing increasing collaboration between the companies. Investors now see a high likelihood of integration within years.
Alphabet plans $205B capex as Google free cash flow drops
Google reported its first-ever negative free cash flow of $5.9 billion in Q2 2026, driven by record-breaking investments in artificial intelligence infrastructure.
Air India restarts nonstop Delhi-Toronto service August 1 2026 nearly-three-hours-shorter
Air India will restart non-stop flights between New Delhi and Toronto from August 1, cutting travel time by nearly three hours with its new Boeing 787-9 Dreamliner aircraft.
Crude jumps nearly 4%, Indian markets slide, Nifty below 24,000
India's benchmark indices dropped on Wednesday as Brent crude surged 3.7% to $94.40 per barrel, with escalating West Asia tensions weighing heavily on investor sentiment.
Mixx buys Sophic Silicon Technologies, partners with Kaynes Semicon Sanand
San Jose-based Mixx Technologies acquired Bengaluru's Sophic Silicon and partnered with Kaynes Semicon to enhance optical integrated circuit assembly for silicon photonics.
Accenture to seek majority stake in ANSR with about $350 million
Accenture plans to invest $350 million to raise its stake in Bengaluru-based ANSR, valuing the GCC platform company at approximately $1 billion.
India's 1st strategic natural gas reserve planned by ONGC
India's ONGC is planning the nation's first strategic natural gas reserve, as the West Asia war disrupts energy supplies and highlights India's reliance on costly LNG imports.
Maharashtra probe halts Ratan Tata transfer 3,368 Tata Sons shares
An ownership dispute over 833 Tata Sons shares has triggered a regulatory probe, delaying the transfer of late Ratan Tata’s 3,368 shares to his charitable foundations.
India's SEBI considers removing upfront margin for early pay-in trades
Sebi is exploring a proposal to waive upfront margins on buy trades funded by same-day sale proceeds, aiming to enhance liquidity and boost cash market turnover.
Gold holds at $4,120 as Houthis attack Red Sea tankers
Gold steadied at $4,120 an ounce as dip-buying offset inflation fears driven by surging oil prices and escalating Middle East hostilities impacting global markets.
Indian pharma stocks slide as Trump threatens 100% generics tariff
Indian pharma stocks tumbled as US President Trump announced 100% tariffs on generic drug imports by 2028, raising concerns for companies with significant US revenue exposure.
Tesla Q2 revenue rises 26% as profit and shares fall
Tesla shares fell nearly 5% in extended trading as mixed Q2 results revealed a significant profitability miss and negative free cash flow, worrying investors.
Alphabet posts $119.8B revenue, stock falls on EPS miss, spending
Alphabet shares fell 3.5% in extended trading despite beating revenue estimates, as the company raised its annual capex guidance beyond $200 billion for 2026.
National Stock Exchange launches 1st in India Nifty500 Ahimsa Index
India's first animal-cruelty-free index, the Nifty500 Ahimsa Index, highlights a growing trend of ethical investing by aligning financial decisions with the principle of Ahimsa.
Alphabet reports Google Cloud revenue jumps 82% to $24.8B
Google's cloud revenue surged 82% year-over-year to $24.8 billion, driven by enterprise AI adoption, showcasing the payoff of its hefty AI investments.
Alphabet posts $119.8B revenue, $9.11 EPS, 12th straight double-digit growth
Alphabet, Google's parent company, reported double-digit revenue growth for Q2 2026, marking its 12th consecutive quarter of strong gains with $119.8bn in revenue.
Tesla profits fall 5% to $1.1B, shares dip after hours
Tesla shares fell 2.8% after quarterly profits missed estimates, impacted by lower vehicle prices and a 47% surge in operating costs to $4.35 billion.
Brent crude tops $95 after President Trump's warning to Iran
Global oil prices spiked as Brent crude exceeded $95, driven by escalating US-Iran strikes, while stock markets showed mixed reactions with tech shares facing renewed pressure.
Google Cloud posts 82% revenue jump to $24.8 billion
Google Cloud revenue soared 82% to $24.8 billion, surpassing Wall Street estimates, driven by surging enterprise demand for AI-powered cloud services.
Alphabet posts 24% revenue jump to $119.8B in April-June 2026
Alphabet's Q2 2026 revenue surged 24% year-over-year to $119.8 billion, driven by strong AI investments and Google Cloud's impressive 82% growth in demand for AI solutions.
Travis Kalanick's rebranded Atoms raises $1.7B, Ben Horowitz joins board
Travis Kalanick’s robotics venture, Atoms, raised $1.7 billion in a round led by Andreessen Horowitz, reconnecting him with Uber as a participant in the investment.
UK inflation falls to 2.6% in June, ONS says
UK inflation slowed to 2.6% in June, its lowest rate since March 2025, driven by cheaper fuel, food, and clothing, offering brief respite before energy costs rise again.
SpaceX shares fall about 20% to $119.85 erasing over $1.1T
SpaceX stock remains mostly stagnant following a 20% drop last week, as investors await Tesla's second-quarter earnings and monitor upcoming Starship launch developments.
Yope secures $12.3 million seed led by Northzone for private network
Yope, a social platform focused on private, algorithm-free connections, secured $12.3 million in seed funding led by Northzone to expand its user base and develop new features.
Apple and NVIDIA trade places as world's most valuable company
Apple and Nvidia are locked in a fierce battle for market supremacy, leveraging their unique strengths in consumer services and generative AI to dominate the global tech landscape.
Sensex down 800 points: Why Indian stock market crashed today
The Indian stock market witnessed a major selloff today, with the Sensex crashing over 800 points to hit an intraday low of 76,641.19.
IndiGo shares down 3% today: Here we decode why
Shares of InterGlobe Aviation, the parent company of IndiGo, fell over 3% to ₹5,128 apiece.
From Pixar to National Geographic, Disney axes hundreds of jobs
The Walt Disney Company has announced a major round of layoffs, impacting several hundred employees across various divisions.
Bira 91 founder Ankur Jain exits board, gives up stake
Ankur Jain, the founder of B9 Beverages and its flagship brand Bira 91, has resigned from the company's board.
Samsung might invest in AI start-up Mistral at $23B valuation
Samsung is in talks to invest hundreds of millions of euros into French artificial intelligence (AI) start-up Mistral.
Paras Defence to establish semiconductor facility in MP for ₹6,200cr
Paras Defence and Space Technologies has announced that its semiconductor unit will invest ₹6,200 crore to set up a chip packaging and testing facility in Madhya Pradesh.
Adani, GMR might soon run their own airlines in India
The Indian government is mulling a major policy shift that could allow airport operators to own and run their own airlines, as per Bloomberg.
Why Anthropic has been sued by University of Tennessee
Anthropic, a leading artificial intelligence (AI) company, has been sued by the University of Tennessee Research Foundation for patent infringement.
Trump threatens tariff on generic medicines: Should India be worried?
US President Donald Trump has announced a two-year exemption from tariffs on imported generic medicines.
End retrospective tax to attract foreign investment: Amitabh Kant
Former NITI Aayog CEO Amitabh Kant has stressed the need for India to end its retrospective tax policy, saying it heavily impacts global investor sentiment.
London Stock Exchange will soon let you trade 24/7
The London Stock Exchange (LSE) is gearing up to launch a new trading venue, LSE 24, which will operate outside its normal market hours.
Bajaj Auto Q1 results: Net profit jumps 42.3% to ₹2,983cr
Bajaj Auto has reported a whopping 42.3% jump in its standalone net profit for the first quarter of FY27.
This might be 1st 'world model' AI start-up going public
Chinese artificial intelligence (AI) start-up GigaAI is gearing up for a public listing in Hong Kong.
Cognizant bags mega tech services deal worth up to $1B
Cognizant, a leading software services company, has won a multi-year technology services contract from US health insurer Centene Corporation, as per Moneycontrol.
Maharashtra plans property tokenization on blockchain: How it affects you?
Maharashtra is mulling a new legal framework for the tokenization of land and other immovable assets using blockchain technology.
Positive returns for Indian equities over next 12 months: JPMorgan
JPMorgan's Rajiv Batra, Head of Asia and Co-Head of Global Emerging Markets Equity Strategy, has predicted positive returns for Indian equities in the next 12 months.
JSW eyes majority stake in Volkswagen's India unit: Report
Volkswagen AG is in advanced talks with JSW Group for a potential stake sale in its Indian unit, as per Bloomberg.
Tata Steel to invest ₹10,000cr in Jharkhand by 2028
Tata Steel has announced its plan to invest ₹10,000 crore in various projects across Jharkhand by 2028.
India's Q1 oil import bill up 61%: What's the reason?
India's crude oil import bill surged by a whopping 61% to $49.8 billion in the April-June period, compared to the same period last year.
You can soon make UPI payments without internet
The National Payments Corporation of India (NPCI) is working on a new feature for Unified Payments Interface (UPI), that would allow users to make payments at merchant point-of-sale terminals without an internet connection.
Anthropic's $1.5B copyright settlement with authors has been approved
Anthropic, a leading artificial intelligence (AI) company, has received final approval for its $1.5 billion settlement with authors over copyright infringement.
Paramount's $110B merger with Warner Bros has been temporarily paused
The proposed $110 billion merger between Paramount Skydance and Warner Bros. Discovery has been temporarily halted by a US federal judge.
Why AliExpress has been fined record €550m by EU
The European Commission has slapped a record fine of €550 million on Chinese e-commerce giant AliExpress.
Modi government won't scrap LTCG tax on equities anytime soon
The Indian government has confirmed that it has no plans to scrap the long-term capital gains (LTCG) tax on equity transactions.
Jeff Bezos has invested in this £2B UK AI start-up
Jeff Bezos, the founder of Amazon, and the UK government have invested in a £2 billion British artificial intelligence (AI) start-up called CuspAI.
Etihad is offering 20% off on these international flights
Etihad Airways has launched a special promotional sale for Indian travelers, offering up to 20% off on Business and Economy class fares.
Meta to proceed with layoffs challenged over AI bias claims
A US federal judge has denied a request to halt Meta's planned layoffs of 26 employees.
Airtel's data center arm to expand capacity to 1GW
Bharti Airtel's data center subsidiary, Nxtra, is gearing up for a massive expansion. The company plans to quadruple its capacity to 1 gigawatt (GW) in the coming years.
Centre wants ethanol to become your next cooking fuel
The Indian government is working on a policy to promote ethanol as a mainstream cooking fuel.
Why Indian pilots want Gulf flights to be canceled
The Airline Pilots' Association of India (ALPA India) has called for an immediate suspension of flights to the UAE and other high-risk Gulf destinations.
Why RBI has intervened to stabilize Indian rupee
The Reserve Bank of India (RBI) has stepped in to stabilize the Indian rupee, which is nearing a record low.
India's defense stocks plunge amid escalation of US-Iran conflict
Shares of major defense companies such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics have witnessed a decline during today's trading session.
L&T has bagged 'mega' orders worth up to ₹15,000cr
Larsen and Toubro (L&T) has announced that its Metals and Minerals vertical has bagged 'mega' orders from leading domestic companies.
Tata to open 100 Westside stores annually to accelerate expansion
Tata Group's Trent Ltd. is planning an aggressive expansion of its premium fashion brand, Westside.
ICICI sees biggest workforce decline among private banks in FY26
ICICI Bank, India's second-largest private sector lender, has seen a major dip in its workforce strength during the fiscal year 2026.
Gold, silver prices in India rise today: What's the reason?
Gold and silver prices rose in early trade on the Multi Commodity Exchange (MCX) today. The gains were mainly due to value buying after a slight easing of the US dollar.