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Sale of 3,588 BTC worth $216 million sparks Bitcoin swing
Bitcoin remains steady above $63,000 despite sharp volatility caused by Strategy's sale of 3,588 BTC, which briefly pushed prices toward $61,000 before buyers drove a recovery.
K Raheja Corp pauses $700 million IPO after banker talks
K Raheja Corp. Pvt., one of India's largest real estate developers, has postponed its $700 million IPO plans by at least a year due to timing and valuation concerns.
Seemax Resources debuts with shares opening 20% below IPO
Seemax Resources shares listed at ₹112.80 on BSE SME, marking a 20% discount to its IPO price of ₹141, despite the IPO being subscribed 3.60 times.
Indian markets rally with Sensex 78,374.76 and Nifty 24,469.25
Benchmark indices Sensex and Nifty rose for the fifth consecutive session, driven by gains in IT stocks and renewed foreign investor inflows amid easing crude oil prices.
Atharva Polyplast lists 15% higher at ₹69 after ₹27Cr IPO
Atharva Polyplast shares debuted on BSE SME at ₹69, a 15% premium over the IPO price of ₹60, reflecting strong investor demand with 10.74 times subscription.
Four states sue Meta for $1.4 trillion over platform safety
Meta revealed that four U.S. states are seeking $1.4 trillion in penalties, alleging Facebook and Instagram were designed to addict youth and misled users on safety.
Flipkart valuation tops $38B in latest ESOP buyback
Walmart-owned Flipkart has been valued at approximately $38.2 billion in the second tranche of its employee stock ownership plan (ESOP) buyback program.
Musk loses bid to overturn Twitter fraud verdict
A US federal judge has denied Elon Musk's request to overturn a jury verdict that found him liable for defrauding Twitter investors during his 2022 takeover bid.
India's 10-year yield steady at 6.6857% as monsoon rebounds
Indian bonds opened steady at a 6.68% yield on July 7, supported by $3.7 billion FAR inflows in June and easing monsoon concerns lowering inflationary pressures.
Tech layoffs top 119,000 in first half of 2026
The tech industry is experiencing a massive wave of layoffs, with over 119,000 employees lossing their jobs in the first half of 2026. This downturn is largely driven by AI-led restructuring.
Rupee opens at ₹95.33, gains 7 paise before Fed minutes
The rupee gained 7 paise to trade at Rs 95.33 per dollar, supported by a softer dollar, as traders await the U.S. Federal Reserve’s meeting minutes for further cues.
Kusumgar opens offer for sale IPO July 8-10 raising ₹650cr
Kusumgar's Rs 650-crore IPO opens for subscription on July 8, with a Grey Market Premium (GMP) of Rs 166 indicating potential listing gains of nearly 40%.
Samsung's Q2 profit tops its entire 2025 earnings
Samsung Electronics has reported a whopping 19-fold surge in its quarterly profit, driven by the insatiable demand for memory chips used in AI data centers.
California's Syntiant files US IPO for on device AI chips
Syntiant Corp, an AI-focused semiconductor company backed by Intel Capital, has filed for a U.S. IPO to leverage growing investor interest in artificial intelligence technologies.
Musk's xAI is now called SpaceXAI
Elon Musk has rebranded his artificial intelligence (AI) venture, xAI, as SpaceXAI.
AI-led reorganizations cause over 119,000 tech layoffs 1st half 2026
Over 1,19,000 tech employees globally have been laid off in the first half of 2026 as AI-driven restructuring accelerates across major companies like Microsoft, Meta, and Amazon.
Flipkart valuation $38.2B after ESOP price rise to ₹713.4
Flipkart's valuation rose to $38.2 billion during its latest employee stock buyback, reflecting a 6% increase from its previous $36 billion valuation in May 2024.
Uttar Pradesh unveils Startup Policy 2026 and Data Centre Policy
The Uttar Pradesh Cabinet approved the Startup Policy-2026 and Data Centre Policy-2026 to foster innovation, entrepreneurship, and attract significant investments.
India's Washington embassy retains SHW Partners for $1.8 million contract
India’s embassy in Washington inked a $1.8 million contract with Trump-linked SHW Partners LLC to bolster outreach to the Trump administration, disclosures reveal.
GIFT City launches BDR-backed physical gold fund for nonresident investors
A pioneering gold fund in GIFT City allows non-resident investors to redeem their holdings in actual gold bars, offering a unique alternative to traditional ETFs.
Allcargo Logistics doubles down on India using AI and tracking
Allcargo Logistics leverages AI-driven operations and integrated logistics solutions to enhance efficiency, aiming to outpace industry growth and expand its market share.
Gold prices slip as markets await US Federal Reserve minutes
Gold prices dipped Tuesday, retreating from a two-week high, as investors anticipated the U.S. Federal Reserve's June meeting minutes for monetary policy insights.
Brent $72.29, US $68.84 as OPEC+ plans August output boost
Brent crude rose to $72.29 as traders assessed OPEC+ production hikes and demand prospects, while geopolitical tensions in the Middle East showed signs of easing.
Tata Capital to sell $300 million 3.5-year dollar bonds outside US.
Tata Capital is set to raise at least $300 million through its second dollar bond issue, a Regulation S offering managed by Standard Chartered, HSBC, and MUFG.
Adani Group pulls in nearly $10bn for $100bn 2030 plan
Adani Group secures $10 billion in fresh capital within a week, fueling its ambitious $100 billion investment plan across infrastructure, energy, and manufacturing by 2030.
Neuberg Diagnostics to launch up to ₹4,000cr IPO in FY28
Neuberg Diagnostics plans an IPO in FY28 to raise ₹3,500-4,000 crore, alongside a ₹500 crore pre-IPO funding round for acquisitions and pan-India expansion.
Indian markets hit 10-week highs, Nifty closes 24,430 Sensex 78,285
Equities surged on Monday, driven by HDFC Bank's strong quarterly update and easing crude oil prices, with Nifty and Sensex climbing 0.7% each to reach a 10-week high.
Samsung forecasts 19-fold Q2 operating profit surge on AI chips
Samsung projects a 19-fold increase in Q2 operating profit, reaching 89.4 trillion won, as soaring AI-driven demand boosts memory chip prices and semiconductor market recovery.
Waterways Leisure plans July 10 board meeting considering stock split
Waterways Leisure Tourism Ltd., listed on July 1, plans to consider a stock split during its board meeting on July 10, just eight trading days after its market debut.
India finalizing Semicon 2.0 upgrade to boost chip design startups
India's upcoming Semicon 2.0 policy will expand incentives beyond fabrication, supporting chip design startups and suppliers to strengthen the domestic semiconductor ecosystem.
Uttar Pradesh unveils Data Center Policy 2026 to attract ₹2L/cr
The Uttar Pradesh Cabinet approved the Data Center Policy 2026, targeting Rs 2 lakh crore investments and 2 GW capacity, emphasizing green operations and GPU-based infrastructure.
Multinationals increasingly appoint Indian leaders while GCCs manage AI projects
Indian executives are increasingly taking on global roles at major MNCs, driven by India's strategic importance, robust leadership talent, and evolving innovation hubs.
NTPC seeks partners for PWR nuclear rollout under SHANTI Act
NTPC has initiated plans to develop large-scale nuclear power projects using PWR technology, inviting global consultants to support tender and contract processes.
Bitcoin rebounds after President Trump's support and strategy $216 million sale
Bitcoin rebounded 0.4% Monday to $63,822 after President Trump expressed support for cryptocurrency, calling himself “a big crypto guy” during an Oval Office press conference.
Finance ministry sets 3-day vendor and contractor payments August 2026
Government vendors will receive payments within three working days starting August as all ministries fully transition to electronic bill processing, replacing manual systems.
Buffalo Wild Wings gives free wings if US wins
Buffalo Wild Wings will give fans a free six-count order of wings if the U.S. Men’s National Team wins the World Cup final on July 19.
Info Edge to buy Coding Ninjas for ₹39.91cr creating subsidiary
Info Edge announced plans to fully acquire Coding Ninjas for Rs 39.91 crore, making it a wholly owned subsidiary while committing Rs 180 crore to its startup fund.
TeraWulf inks 20-year Anthropic deal for $19B Kentucky AI hub
TeraWulf's $19 billion deal with Anthropic highlights how crypto mining companies are pivoting to AI data centers, driven by surging demand for advanced computing infrastructure.
'Xbox isn't healthy': CEO's blunt message after 3,200 layoffs
Asha Sharma, the CEO of Xbox, has announced a major restructuring of the company.
Microsoft cuts 4,800 jobs as Xbox undergoes major overhaul
Microsoft is laying off 4,800 employees or 2.1% of its workforce.
NSE targets September launch for ₹30,000cr IPO
The National Stock Exchange (NSE) is gearing up for its long-awaited public listing, with a possible Initial Public Offering (IPO) launch in September, as per CNBC-TV18.
Saudi budget airline Flyadeal starts India operations
Saudi Arabia's low-cost airline Flyadeal has launched its first-ever service in India.
Blinkit pilots premium grocery service 'Gourmet'
Blinkit, a leading player in the quick commerce space, has launched a new premium grocery service called 'Gourmet.'
Chinese tea chain's logo costs $1.5M in Louis Vuitton lawsuit
Molly Tea, a popular Chinese bubble tea brand, has been ordered by a court in Jiangsu province to pay damages of 10.3 million yuan ($1.5 million) to luxury fashion house Louis Vuitton.
Weak monsoon could push India's inflation to 5%: S&P
A weak monsoon in India could push up inflation, weaken rural demand, and strain fiscal balances. This is according to a report by S&P Global Ratings.
Standard Chartered shuts 20 India branches, focuses on wealth management
British banking giant Standard Chartered has cut its branch network in India from some 100 to 80 in the last year, according to Business Standard.
Your mobile recharge could get costlier soon
India's telecom sector is likely to witness a tariff hike of 12-15% in the next three to four months, according to a report by Centrum Institutional Research.
Samsung Electronics' non-chip division workers to protest wage disparity
Samsung Electronics' non-chip division workers are gearing up for a major protest.
Ather Energy plans $200M share sale to fuel expansion
Ather Energy, a leading electric scooter manufacturer, is planning a major share sale, according to Bloomberg.
NSE set to kick off $3B IPO marketing next week
The National Stock Exchange of India (NSE), the world's largest derivatives exchange by trading volume, is gearing up for a major milestone.
Ex-Google recruiter flags common resume mistake that hurts interview chances
Farah Sharghi, a former recruiter for Google, TikTok, Uber, and The New York Times, has revealed a common mistake that can hurt job seekers' chances of landing interviews.
Navi eyes ₹3,000cr IPO by March 2027
Navi, the fintech start-up co-founded by Flipkart's Sachin Bansal, is gearing up for an initial public offering (IPO) by March 2027.
Akasa Air to join UDAN scheme, expand capacity significantly
Akasa Air, the new Indian airline, is gearing up to join the government's regional air connectivity scheme, UDAN. The announcement was made by CEO Vinay Dube.
Sensex rises nearly 600 points: What's behind today's rally?
India's equity benchmarks, the Sensex and Nifty, opened on a positive note on Monday.
Tesla limits employee AI spending to $200 per week
Tesla has introduced a new policy, limiting its employees' spending on artificial intelligence (AI) tools to $200 per week.
Uber pauses food delivery expansion in Europe
Uber has put a halt to its planned food delivery expansion in Europe, according to Financial Times.
Knack Packaging IPO allotment today: How to check status
The allotment for the Knack Packaging IPO is expected to be finalized today. Investors will soon know if they have been allocated shares in this highly subscribed public issue worth ₹439.5 crore.
Amazon to halt new sign-ups for its gig work platform
Amazon has announced that it will stop accepting new customers for its crowdsourcing service, Mechanical Turk, from July 30.
BPCL begins talks to import Iranian oil
Bharat Petroleum Corporation Limited (BPCL), India's second-largest fuel retailer, has begun talks with Iranian suppliers for the resumption of crude oil imports.
Webasto plans $500M IPO for India unit
German car parts supplier Webasto is planning an initial public offering (IPO) for its Indian subsidiary, Webasto Roofsystems India.
AI boom to drive Samsung's Q2 profit up nearly 18x
Samsung Electronics, the world's largest memory chipmaker by sales, is likely to see its operating profit jump nearly 18-fold in the second quarter.
Nearly 1M $TRUMP memecoin investors lose $3.8B
A recent report by blockchain analytics firm Nansen has revealed that nearly one million investors in Donald Trump's $TRUMP memecoin have lost a whopping $3.81 billion by the end of June.
Up 4,700% since 2021, V-Marc's 5:1 bonus deadline is today
V-Marc India, a leading wires and cable manufacturer, has announced its first-ever 5:1 bonus issue.
NVIDIA supplier SK Hynix eyes $28B US listing
South Korean chipmaker SK Hynix is gearing up for a massive $28 billion US listing, according to its regulatory filings.
Oil prices fall as Hormuz flows continue, OPEC+ boosts supply
Oil prices have witnessed a decline as the flow of oil through the Strait of Hormuz continues.
SBI to recruit 1,500 probationary officers this year
The State Bank of India (SBI), the country's largest lender, has announced plans to recruit 1,500 probationary officers this year. The move is part of the bank's strategy to drive business growth.
Aluminium industry seeks tighter scrap import rules to protect investments
India's aluminum industry is embroiled in a debate over the imposition of import duties.
Adani building South Asia's largest private missile ecosystem in MP
Adani Defence and Aerospace has announced plans to set up South Asia's largest private-sector missile ecosystem in Shivpuri, Madhya Pradesh.
Korea will use AI windfall to set up growth fund
South Korea is setting up a "Future Response Fund" with the extra tax revenue from its booming semiconductor industry.
Rapido founders booked for running illegal bike taxi service
The founders of the popular bike taxi app, Rapido, have been booked in Nagpur for allegedly running "petrol-powered" bike taxi services without government permission.
Foxconn's Q2 results: Revenue jumps 39.8% YoY to $78.7B
Foxconn, the world's largest contract electronics manufacturer, has reported a whopping 39.8% year-on-year increase in its second-quarter revenue.
Why Air India issued travel advisory for Delhi, Mumbai flights
Air India has issued a travel advisory for passengers flying to and from Mumbai and Delhi.
India intensifies oversight on Chinese herbicide imports
India is intensifying its scrutiny of glufosinate and its salts, a key herbicide from China.
India lifts emergency natural gas supply controls
The Indian government has lifted the emergency natural gas supply controls it had imposed earlier this year.
Airbnb women hosts earn big from World Cup tourism boom
The 2026 FIFA World Cup is more than just a soccer event. As millions of fans flock to North America's host cities, many residents are capitalizing on the tourism surge by renting out their homes.
China drops to 5th place in global financial competitiveness ranking
In a surprising move, China's financial competitiveness ranking has dropped by one place on the global stage.
Why Tata Steel plans to spend ₹20,000cr in FY27
Tata Steel has announced plans to invest around ₹20,000 crore in capital expenditure (capex) for the current fiscal year.
India's top 6 firms add ₹1L crore in market cap
The Indian stock market witnessed a major boost last week, with the combined market capitalization of six top companies rising by ₹1 lakh crore.
This highway asset company wants to raise ₹5,000cr via IPO
Cube Highways Trust, a leading player in India's highway asset sector, is gearing up for a ₹5,000 crore initial public offering (IPO).
Why Modi government canceled auction of 9 strategic mineral blocks
The Indian government has canceled the auction of nine critical and strategic mineral blocks. The move comes due to a lack of investor interest and qualified bidders.
Axis Bank reports strong business performance in Q1
Axis Bank, India's third-largest private lender, has reported a strong financial performance for the first quarter of FY27.
India to auction vast unexplored areas for offshore oil drilling
In a bid to tackle the biggest energy supply shock in decades, India is ramping up its domestic crude exploration efforts.
Kolkata-based Laser Power to launch ₹740cr IPO next week
Kolkata-based Laser Power & Infra Ltd (LPIL) will open its ₹742 crore initial public offering (IPO) on July 9.
New rules for origin of goods under India-UK pact notified
The Ministry of Finance has announced new rules to determine the origin of goods under the India-UK Comprehensive Economic and Trade Agreement (CETA). The rules will come into effect from July 15.
Why US DOJ wants case against Adani to be dropped
The US Department of Justice (DOJ) has requested a federal judge to dismiss the criminal case against Indian billionaire Gautam Adani.
JSW Group to invest ₹50,361cr in Andhra Pradesh
JSW Group, one of India's leading industrial conglomerates, has announced a massive investment of ₹50,361 crore in Andhra Pradesh.
India emerges as safe haven for investors amid AI frenzy
As the artificial intelligence (AI) frenzy continues to disrupt markets worldwide, the Nifty 50 Index is emerging as a safe haven for global investors.
Capgemini daycare abuse case: Whistleblower arrested for tampering with evidence
The whistleblower in the alleged abuse case at a Capgemini daycare center in Bengaluru has been arrested.
India to conclude FTAs with Canada, Mexico, Brazil by 2026-end
India is planning to conclude free trade agreement (FTA) negotiations with Canada, Mexico, and Brazil within the next six months.
India-Peru FTA unlikely to be finalized soon: Piyush Goyal
Commerce and Industry Minister Piyush Goyal has said that the proposed free trade agreement (FTA) between India and Peru is unlikely to be finalized anytime soon.
This company will lead India's IPO calendar next week
The primary market is gearing up for a major event next week, with Kusumgar leading the charge.
India's bilateral investment agreement with Israel is now effective
The India-Israel Bilateral Investment Agreement (BIA) has officially come into effect today, July 4.
Akasa Air fleet hits 40 aircraft with Boeing 737 MAX
Akasa Air, India's newest budget airline, has welcomed its 40th aircraft into the fleet. The new addition is a Boeing 737 MAX 8-200 model.