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Alpine Texworld IPO to list on BSE and NSE Tuesday
Alpine Texworld IPO is set to debut on BSE and NSE on 21 July, with a flat listing expected as the grey market premium (GMP) stands at ₹1.
Sunil Kumar launches PickAdSpace to streamline outdoor advertising management
PickAdSpace, an adtech startup by Sunil Kumar, is revolutionizing outdoor advertising in India with connected digital screens, real-time analytics, and a pay-per-second ad model.
South Korea KOSPI drops almost 5% after AI stock selloff
South Korean shares plunged nearly 5%, triggering trading curbs as leveraged AI bets unraveled, erasing over a quarter of the KOSPI index's value since its June peak.
CRHC and China Chengtong inject over $7 billion steadying market
Chinese state-backed investors have injected billions of yuan into equities, including SOE stocks and ETFs, following a 25% slump in the STAR Market Index since July.
JSW Steel jumps over 2% on Q1 profit, JOPL IPO
Shares of JSW Steel surged over 2% after the company reported a more than twofold jump in Q1 FY27 net profit, driven by improved realisation and lower finance costs.
Millworks Technologies IPO oversubscribed over 193 times, debuts July 21
Millworks Technologies' Rs 160.34-crore SME IPO, subscribed 193.14 times, is set to list on July 21, with a grey market premium indicating potential listing gains of up to 90%.
FIFA fuels Kalshi's record growth: 3M users, $1.2B in bets
The recently concluded FIFA World Cup has given a major boost to prediction markets, with Kalshi witnessing an unprecedented surge in user registrations and trading volumes.
ICICI Bank trims over 5,100 jobs as peers expand branches
ICICI Bank witnessed the largest workforce decline among private sector banks in FY26, with employee strength dropping by 5,148 despite adding 528 branches during the fiscal year.
Zoho's Sridhar Vembu urges India to revive global tech sharing
Sridhar Vembu advocates for India to embrace internationalism by sharing advanced technologies, fostering global cooperation, and reducing economic inequality.
US import prices rose 7.1% in June, 3rd straight month
US import prices rose 7.1% in June 2026, marking the highest annual increase since August 2022, driven by rising nonfuel import costs despite declining fuel prices.
TSMC to invest $100B in Arizona amid AI chip demand
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest maker of advanced artificial intelligence (AI) chips, has announced a massive $100 billion investment to expand its facilities in Arizona.
TCS, HCLTech and Wipro split workloads across SLMs and LLMs
India's top IT firms report clients are revising their AI model strategies, shifting to smaller models for routine tasks as rising token consumption drives up enterprise AI bills.
Philadelphia semiconductor index hits bear market after 10% slide
The global AI-driven chip rally faltered last week, with sharp selloffs prompting investor reassessment of lofty valuations and sustainability of AI-related spending optimism.
Oil prices hit $90 per barrel again: What's the reason?
Oil prices surged by 3% today, with Brent crude futures crossing the $90 mark per barrel.
HDFC Bank shares down nearly 5% after June quarter results
HDFC Bank shares plunged nearly 5% on Monday as disappointing Q1 results revealed sharper-than-expected margin declines, while ICICI Bank outperformed with robust earnings growth.
7 IPOs to hit Dalal Street this week
This week, the primary market will see a flurry of activity with seven initial public offerings (IPOs) set to hit Dalal Street.
Alphabet Intel and Tesla earnings this week could sway markets
Key tech giants like Alphabet and Intel are set to report earnings this week, with investors closely watching AI growth, semiconductor trends, and geopolitical risks.
Sensex drops 575.67 points as bank selloff and oil rise
Sensex fell 575 points, Nifty slipped below 24,200 as banking shares like HDFC Bank dropped sharply post-Q4 results and rising oil prices added pressure.
Rupee opens weaker at 96.41 amid $90 oil, U.S.-Iran tensions
The Indian rupee opened 13 paise lower at 96.41 per US dollar on July 20, as escalating US-Iran tensions drove Brent crude prices above $90 per barrel.
Indo-MIM IPO ₹500cr new issue and up to ₹3,312cr sale
Indo-MIM's IPO, priced at ₹461-485 per share, aims to raise ₹500 crore. The subscription opens on July 23 and closes on July 27, with shares listing on July 30.
Gold dips as oil tops $90 amid Middle East conflict
Gold prices edged lower as Brent crude surpassed $90 per barrel, fueling inflation worries and strengthening expectations of potential U.S. Federal Reserve interest rate hikes.
Tata Group's Trent Ltd to open 100 Westside stores annually
Tata Group’s Trent Ltd. plans to double Westside's growth pace by opening 100 stores annually, aiming to strengthen its premium fashion brand amid rising competition.
OpenAI CFO Sarah Friar rolls out outcome focused AI metric
OpenAI CFO Sarah Friar advises companies to prioritize performance and value over cost when selecting AI tools, introducing a "useful intelligence per dollar" metric.
IBPS PO MT applications end July 21 for 6,715 posts
The IBPS PO Recruitment 2026 application process for 6,715 vacancies ends tomorrow, July 21. Eligible candidates must complete their online registration promptly via ibps.in.
TSMC raises Arizona investment to $265B to supply AI chips
TSMC anticipates sustained, multi-year demand for its advanced AI chips as it boosts its Arizona investment to $265 billion, despite challenges like construction worker shortages.
Gold slips below $4,010 as silver rebounds to $56.72
Gold prices slipped below $4,010 an ounce amid rising US rate hike expectations, while silver edged higher, recovering from last week's sharp correction.
Indian markets likely flat amid U.S.-Iran tensions gift Nifty 24,300
Indian stocks are set for a flat-to-weak opening on Monday as GIFT Nifty trades near 24,300 amid mixed global cues and escalating Middle East tensions.
TSMC $100B Arizona expansion addresses AI chip demand, $265B US
Taiwan Semiconductor Manufacturing Co. is investing an additional $100 billion in Arizona to meet surging AI-driven demand and counter rising competition.
India approves Semicon 2.0 with 1.3L/cr to boost chipmaking
India's Semicon 2.0 initiative, with a Rs 1.3 lakh crore outlay, aims to boost chip manufacturing by adding fabs, memory units, displays, and advanced packaging facilities.
One97 Communications board meets to consider 1st bonus since IPO
Paytm's board will discuss issuing bonus shares for the first time as a public company, potentially benefiting over 7.5 lakh small retail shareholders owning an 8% stake.
RBI Governor Sanjay Malhotra says retail inflation crossed 4% target
RBI Governor Sanjay Malhotra identified West Asian tensions and a weak monsoon outlook as major risks to India's inflation and economic growth, driven by supply-side pressures.
SBI Funds IPO to list July 21 after ₹9,813cr demand
SBI Funds Management is set to debut on July 21, with a grey market premium of 18% suggesting a potential listing price of ₹678 per share.
Employees' Provident Funds Scheme updated July 1 keeps 12% contribution
The EPF Scheme 2026 introduces revised provisions on nominations, PF withdrawals, and compliance, requiring immediate attention from employers and HR teams.
Asian markets start week shaky as U.S.-Iran tensions rise
Asian markets saw declines as South Korea's Kospi fell over 1%, while Brent crude surged 3.8% to $91+ per barrel following escalating US-Iran attacks.
NSE launches electronic gold receipts backed by SEBI regulated vaults
Electronic Gold Receipts (EGRs) offer a transparent, secure, and standardised way to invest in gold electronically, eliminating storage concerns while ensuring regulated ownership.
U.S.-Iran tensions slow Hormuz shipping, threaten India energy imports
A sharp slowdown in shipping through the Strait of Hormuz threatens India's economy, driving up crude oil and LNG costs, fuelling inflation, and complicating RBI's monetary policy.
Skyroot Aerospace to launch Vikram rockets monthly by 2027
Skyroot Aerospace aims to launch one Vikram rocket every month from 2027, driven by rising demand and plans to scale production as it advances toward commercial operations.
Spain vs Argentina World Cup final sparks online orders surge
Online delivery platforms and D2C brands saw a spike in orders as quick commerce apps leveraged discounts and games to engage customers ahead of the FIFA World Cup final.
Private banks quiet on FCNR(B) inflows since June 5 launch
India's top private banks, including HDFC, ICICI, and Axis, remain tight-lipped about their FCNR deposit collections under the RBI's new scheme, citing strategic discretion.
Brent tops $91 amid US Iran faceoff, WTI above $84
Brent crude surpassed $90 a barrel, rising over 3%, as US-Iran hostilities intensified with attacks on key facilities and heightened conflict in the Strait of Hormuz.
PNB seeks $2.5 billion via FCNR-B deposits, has $425 million
Punjab National Bank aims to raise $2.5 billion through Foreign Currency Non-Resident Bank deposits, with $425 million already secured, driven by strong demand from global markets.
Government to seek Parliament funds as costs challenge Nirmala Sitharaman
Finance Minister Nirmala Sitharaman is likely to request Parliamentary approval for increased expenditure amid rising subsidies and fiscal pressures.
Axis Bank weighs raising Axis Max Life stake to 30%
Axis Bank is exploring increasing its stake in Axis Max Life Insurance from 19.99% to 30%, leveraging RBI's updated ownership framework for banks in insurance companies.
RBI asks banks to verify trade records with client paperwork
The Reserve Bank of India has directed banks to reconcile long-pending mismatches in trade and payment records, aiming to improve compliance and ensure accurate trade data.
Air India to add 60 aircraft in next 18 months
The Air India Group is set to expand its fleet by adding up to 60 new aircraft in the next 18 months.
Starbucks workers in South Korea have unionized
Starbucks Korea, the third-largest market for the global coffee giant after the US and China, has seen its workers form a labor union.
Zepto goes down: Users unable to access app, make payments
Quick-commerce platform Zepto has been facing a major outage, affecting its app and website.
Accenture revises pay hike strategy: How it affects you?
Accenture, a leading global IT services provider, has revamped its salary hike strategy for the June cycle.
Chhattisgarh attracts investments worth ₹8L crore in 18 months
Chhattisgarh has emerged as the top state on key parameters in the CRISIL-NITI Aayog Investment Friendliness Index (IFI) 2026.
Why Samsung has laid off over 800 employees in US
Samsung Electronics has announced job cuts at its US display, phone, and other consumer electronics operations.
RIL posts strong Q1 results: Should you buy shares?
Reliance Industries Ltd (RIL), led by Mukesh Ambani, witnessed a 2.5% rise in its share price on Friday to close at ₹1,328.8 per share.
India's GDP to grow at 6.5-6.8% in FY27: Deloitte
Deloitte India has projected a GDP growth rate of 6.5-6.8% for the current fiscal year (FY27).
These public issues will open in India next week
The primary market is set to witness a flurry of activity next week with four public issues opening for subscription.
5paisa partners with OpenAI to enhance investing experience
Leading fintech firm and discount broker, 5paisa Capital Ltd, has announced a strategic partnership with OpenAI.
TCS leads ₹1.5L crore gain among top-10 firms
The combined market capitalization of five out of India's top 10 most valued companies rose by a whopping ₹1.54 lakh crore last week.
How Gautam Adani got US bribery and fraud charges dropped
Billionaire Gautam Adani has been exonerated from bribery and securities fraud charges by US prosecutors.
Govt extends exemption for renewable energy projects
The Indian government has extended the exemption timeline for net metering and open access renewable energy (RE) projects till December 31, 2026.
Apple raises iPhone prices in Japan by up to 11%
Apple has raised the prices of its iPhone models in Japan by as much as 11%. The price hike affects the iPhone 17 lineup, iPhone Air, and iPhone 16e.
PNB raises $420M in overseas fundraising, targets $2.5B by September
Punjab National Bank (PNB) has secured around $419 million in Foreign Currency Non-Resident Bank (FCNR(B)) deposits.
Bank of England won't offer loans to these bondholders anymore
The Bank of England has announced a ban on accepting bonds linked to thermal coal for key loan arrangements.
Maharashtra to build quantum computing, deep-tech ecosystem: CM Devendra Fadnavis
Maharashtra Chief Minister Devendra Fadnavis has announced plans to build an ecosystem for quantum computing and deep technologies in the state.
Goldman Sachs tightens betting rules for employees on prediction markets
Goldman Sachs has tightened its rules on employee participation in prediction markets.
BPCL's new Bharatgas Lite-ZIP cylinders are meant for urban households
Bharat Petroleum Corporation Limited (BPCL) has launched a new premium LPG offering called Bharatgas Lite ZIP.
'₹30 extra per km': 4.7-star Uber driver's demand shocks netizens
A man in Pune has alleged that an Uber driver demanded an additional ₹30 per kilometer for his ride.
Is Blinkit's document printing service safe to use?
An incident involving a customer of Blinkit's document printing service has sparked a major debate over data privacy.
Can AI industry survive if OpenAI collapses?
Ed Zitron, an AI critic and researcher, has warned that the ongoing boom in artificial intelligence (AI) is largely driven by OpenAI.
This is how India's 1st indigenous C-295 aircraft will look
Union Minister of Civil Aviation, Rammohan Naidu Kinjarapu, recently visited the Tata Advanced Systems Limited (TASL) facility in Vadodara, Gujarat.
Govt rolls out 'White Rabbit' tech to secure IST
The Indian government has launched a demonstration network using "White Rabbit" precision timing technology to provide a secure and tamper-resistant national time signal.
India tightens tax treaty with Sri Lanka
India has amended its tax treaty with Sri Lanka, tightening loopholes in double taxation avoidance and preventing revenue leakage through treaty abuse.
Shocking! Zomato accused of mental, sexual harassment by ex-employee
A former employee of Zomato has accused the company of mental and sexual harassment in a viral LinkedIn post.
IDBI Bank's Q1 results: Net profit up 5% to ₹2,115cr
IDBI Bank has reported a standalone net profit of ₹2,115 crore for the first quarter of the financial year 2026-27 (Q1 FY27).
HDFC Bank's Q1 net profit rises 5% to ₹19,060cr
India's largest private lender, HDFC Bank, has reported a standalone net profit of ₹19,060 crore for the first quarter of FY27.
ICICI Bank's Q1 profit jumps 15.95% YoY to ₹14,804cr
ICICI Bank has reported a 15.95% year-on-year increase in its standalone net profit for the April-June quarter.
Yes Bank's Q1 results: Profit jumps 33.7% YoY to ₹1,071cr
Yes Bank has reported a massive 33.7% year-on-year jump in its standalone net profit for the quarter ending June 2026 (Q1 FY27).
PNB's Q1 net profit surges over 300% to ₹5,200cr
Punjab National Bank (PNB) has reported a massive surge in its net profit for the first quarter of fiscal year 2026-27.
Kotak Mahindra Bank's Q1 profit rises 22.5% to ₹5,480cr
Kotak Mahindra Bank has posted a consolidated net profit of ₹5,480.46 crore for the June quarter (Q1 FY27), marking a 22.5% year-on-year growth.
Axis Bank Q1 results: Net profit rises 23% to ₹7,114cr
Axis Bank has reported a 23% year-on-year rise in its standalone net profit for the April-June quarter of FY27.
Apple in talks to settle antitrust lawsuit with US DOJ
Apple is in the early stages of settlement talks with the US Department of Justice (DOJ) over a 2024 lawsuit.
Jensen Huang's leather jacket goes under the hammer for ₹9cr
Jensen Huang, the CEO of NVIDIA, is known for his signature look of black leather jackets.
Why you can't catch a Kuwait Airways flight right now
Kuwait Airways has announced a major change in its flight schedule, owing to the closure of the country's airspace today.
SpiceJet fined ₹1L for using 'dark patterns' on booking platform
The Central Consumer Protection Authority (CCPA) has imposed a fine of ₹1 lakh on SpiceJet for using "dark patterns" on its flight booking platform.
Apple briefly overtakes NVIDIA as world's most valuable company
Apple briefly surpassed NVIDIA to become the world's most valuable company on Friday, amid investor skepticism about the profitability of rapid AI development and data center investments.
DIIs continue buying spree with ₹9,800cr, FPIs remain net sellers
Domestic institutional investors (DIIs) continued their buying spree for the eighth consecutive session on Friday.
Netflix acquired Ben Affleck's AI company for $587M
Netflix has confirmed the acquisition of Ben Affleck's artificial intelligence (AI) company, InterPositive, for an estimated $587 million in cash.
Google Pixel, Nothing emerge as India's fastest-growing smartphone brands
Despite the overall decline in India's smartphone market, two brands have emerged as the fastest-growing: Google Pixel and Nothing.
Apple sends legal letters to ex-employees now at OpenAI
Apple has sent preservation letters to around 40 former employees now working at OpenAI.
Boeing can now self-certify its 737 MAX, 787 planes again
The US Federal Aviation Administration (FAA) has granted Boeing the authority to self-certify its entire fleet of 737 MAX and 787 aircraft.
Jio's subscriber base crosses 530M, average revenue per user improves
Reliance Industries Limited's telecom arm, Jio Platforms, has reported a steady improvement in its key operating metrics for the June quarter.
Reliance's oil-to-chemicals business revenue jumps 30% as crude prices surge
Reliance Industries Limited (RIL) has reported a 30.4% year-on-year (YoY) increase in revenue from its oil-to-chemicals (O2C) business for the first quarter of FY27.
Zee Entertainment plans to sell 49% stake in music division
Zee Entertainment Enterprises Ltd. (ZEEL) is considering selling a 49% stake in its music division, Zee Music.
Wells Fargo to cut more jobs as AI boosts efficiency
Wells Fargo, one of the leading US banks, is set to reduce its workforce further.
Zepto may slash IPO valuation amid investor concerns
Indian fast-delivery company Zepto Ltd. is looking to lower its initial public offering (IPO) valuation, amid concerns over cash burn and profitability, according to Bloomberg.
Chinese brands lose grip on Indian smartphone market
China's leading smartphone manufacturers have witnessed a major decline in the Indian market during the April-June quarter.
EPFO working on universal PF scheme for gig, self-employed workers
The Employees' Provident Fund Organisation (EPFO) is said to be working on a universal provident fund (PF) scheme, according to The Times of India.
Tata Electronics to build India's 1st semiconductor wafer plant
Tata Electronics, a subsidiary of the Tata Group, is preparing to set up India's first large-scale semiconductor wafer manufacturing facility.
Sensex jumps 965 points, Nifty tops 24,300 on IT rally
Indian benchmark indices, Sensex and Nifty, witnessed a massive rally on Friday.
Ex-Meta employees sue company over AI-driven layoffs, allege discrimination
Meta is facing a federal lawsuit from 26 former employees, who have accused the company of using AI-powered metrics to unfairly target workers for layoffs.
PayPal rejects $53B takeover bid from Stripe-led group
PayPal has rejected a $53 billion takeover bid from rival payment processor Stripe and private equity firm Advent International, according to Reuters.
Jio Platforms to begin IPO roadshow next week
Jio Platforms, the digital services subsidiary of Reliance Industries, will begin marketing for its proposed initial public offering (IPO) next week, according to Mint.
Volkswagen workers set to grill CEO over restructuring plans
Volkswagen's works council has announced plans for special staff assemblies with CEO Oliver Blume in August, according to Reuters.
Government may charge big businesses on UPI payments above ₹2,000
The Indian government is mulling the reintroduction of a Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions for large merchants.
Uber to acquire Germany's Delivery Hero for $14.8B
Uber has announced its acquisition of German food delivery company Delivery Hero for $14.8 billion.
Over 4,500 Google workers seek layoff protections amid AI push
Google employees have filed a petition seeking layoff protections amid the ongoing artificial intelligence (AI) boom.
Verizon cuts 3,000 jobs, sells 274 stores
Verizon, a leading US telecom giant, is going through a massive restructuring of its retail business.
Zepto launches ₹99/month Club membership with cashback, priority delivery perks
Zepto, the popular quick-commerce platform, has launched an invite-only paid membership program called Zepto Club.
Buffett says Bill Gates' association with Epstein was 'distasteful'
Billionaire investor Warren Buffett has expressed his disapproval of Microsoft co-founder Bill Gates' association with Jeffery Epstein, a convicted sex offender.
SBI Funds IPO crosses 40x subscription on final day
The initial public offering (IPO) of SBI Funds Management has witnessed a stellar response on its final day of bidding.
China now more favorable than US: Study
A new study by the Pew Research Center has revealed a major shift in global opinion, with China being viewed more favorably than the US in several countries.
Centre tightens exit rules for ISRO scientists amid growing resignations
The Indian government has tightened its resignation policy for scientists at the Indian Space Research Organization (ISRO).
TSMC to invest additional $100B in US chipmaking
Taiwan Semiconductor Manufacturing Company (TSMC), a leading player in the global chip industry, has announced its plan to invest an additional $100 billion in expanding its manufacturing capacity in the United States.
Apple eyes AI chip start-ups to reduce reliance on NVIDIA
Apple is on the lookout for chip start-ups to bolster its artificial intelligence (AI) server capabilities, according to The Information.
Why IT stocks are rallying today
IT stocks have witnessed a strong comeback in today's session, breaking their two-day losing streak.
MSCI India rejig may attract $2.3B foreign inflows
The upcoming rebalancing of the MSCI India Standard Index, due on August 12 after market hours, could see the addition of up to 12 new stocks.
Centre raises diesel, ATF export duties
In response to rising global crude oil prices, India has increased the windfall taxes on diesel and aviation turbine fuel (ATF) exports by ₹7 per liter each.
Ex-RBI Governor Raghuram Rajan gets key US Fed advisory role
Former Reserve Bank of India (RBI) governor Raghuram Rajan has been appointed to a key role in the US Federal Reserve's reform initiative.