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ASML denies EUV shipments to China amid US leak concerns
ASML, Europe's largest semiconductor equipment maker, denied US allegations of supplying advanced EUV technology to China, emphasizing strict compliance with export controls.
Genius HRTech survey finds AI top HR priority for 60%
A recent survey reveals that 60% of HR professionals now consider artificial intelligence a central focus, driving efficiency, productivity, and smarter workforce planning.
India and US negotiate trade pact before July 24 deadline
India's Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer will meet in New Delhi for two days to finalize the first phase of the bilateral trade agreement.
Voltas achieves 1 million AC sales in only 3 months
Voltas Ltd achieved a record-breaking milestone by selling over one million air conditioners within the first three months of FY 26-27, solidifying its market leadership.
India's Russian oil imports have gone up in June
India's crude oil imports from Russia surged to an average of 2.66 million barrels per day (bpd) in June, according to data from maritime and commodity intelligence firm Kpler.
Air India Express introducing 1st international route from Navi Mumbai
Air India Express has announced the launch of direct flights from Navi Mumbai to Abu Dhabi, starting July 15.
Japan Airlines CEO Mitsuko Tottori to take 30% salary cut
Japan Airlines CEO Mitsuko Tottori faced a 30% pay cut after a cabin crew member violated alcohol policies, delaying a flight and prompting disciplinary actions across leadership.
Dario Amodei left OpenAI in 2020 over vision and trust
Dario Amodei reflects on leaving OpenAI, citing trust and vision differences, while emphasizing market outcomes over public disputes in determining success between AI firms.
India and EU to sign free trade agreement December 2026
India and the EU are set to finalize their free trade agreement by December, with implementation expected between February and March next year, boosting bilateral economic ties.
Nine of top 10 Indian firms add ₹2.15L/cr market value
The combined market valuation of nine of India’s top-10 most-valued companies rose by ₹2.15 lakh crore last week, with Bharti Airtel and LIC leading the gains.
ONGC pivots to natural gas as production tops crude
ONGC is rebranding as a "gas and oil" firm, with natural gas production surpassing crude output, driven by policy reforms, rising demand, and significant offshore investments.
Figure AI now has about 740 robots versus 660 humans
Figure AI has reached a milestone, employing more robots than humans. The robotics startup's rapid automation highlights the growing trend of AI-driven workforce transformation.
Air India Express opens Navi Mumbai Abu Dhabi international service
Air India Express will launch international flights from Navi Mumbai to Abu Dhabi starting July 15, initially offering two weekly services and increasing to three from July 29.
UnitedHealth Group to invest $3B in AI over 2 years
UnitedHealth plans to invest $3 billion in AI by 2027, leveraging the technology to streamline operations, enhance patient care, and reduce costs.
Tech Mahindra has leased 4L sqft office space in Hyderabad
Tech Mahindra has signed a long-term lease for nearly four lakh square feet of office space in Hyderabad.
Snap reportedly to spin off AI video unit as Dotmo
Snap is creating Dotmo, a standalone company focused on AI video generation for gaming, aiming to reduce development costs while retaining equity stakes in innovative ventures.
Satya Nadella breaks up Microsoft's senior leadership to speed decisions
Satya Nadella has dismantled Microsoft's senior leadership team, replacing it with smaller, agile groups to accelerate decision-making and compete in the fast-paced AI landscape.
Pentagon signs contracts for 'Loyal wingmen' drones under CCA program
The Pentagon has awarded contracts to General Atomics and Anduril to mass-produce hundreds of autonomous fighter planes, addressing pilot shortages and escalating global threats.
India's 2026 monsoon 38% below normal threatens summer crops
India's 2026 southwest monsoon began with a 38% rainfall deficit, significantly affecting kharif sowing, particularly pulses and cotton, while rice sowing showed resilience.
India's top finance committee to review 2025-26 economy with RBI
A parliamentary committee will examine India's economic conditions in 2025-26, focusing on growth, inflation, and trade amid geopolitical tensions and global uncertainties.
India-US trade deal can't be implemented without competitive advantage: Goyal
Commerce and Industry Minister Piyush Goyal has said the proposed trade agreement between India and the US cannot be implemented until a competitive advantage is secured.
Founder of Assassin's Creed maker Ubisoft dies in plane crash
Claude Guillemot, the co-founder of video game giant Ubisoft, died in a plane crash on Friday.
Tech Mahindra secures 10-year 3,97,497 sq ft lease in Kondapur
Tech Mahindra has signed a 10-year lease for nearly 4 lakh sq ft at Aparna IT Hub, Hyderabad, highlighting the city's growing appeal as a premier tech hub.
Garden Reach Shipbuilders is now a 'Navratna' company
Garden Reach Shipbuilders and Engineers (GRSE), a leading defense public sector company, has been awarded the prestigious 'Navratna' status by the Department of Public Enterprises under the Ministry of Finance.
Professionals in India rush to upskill as AI transforms jobs
India's professionals are flocking to AI-focused courses as automation and generative AI reshape workplaces, with platforms like Coursera and upGrad reporting record enrolments.
Piyush Goyal: India over 15% toward $1tn FY27 exports
India is set to achieve its $1 trillion export target by FY27, driven by free trade agreements, improved business ease, and strategic efforts despite challenges in West Asia.
Narendra Modi to host Japan's Sanae Takaichi in Guwahati summit
Japanese Prime Minister Sanae Takaichi, accompanied by 50 business leaders, will attend the India-Japan summit in Guwahati, focusing on semiconductors and economic collaboration.
Google DeepMind loses Nobel-winning VP in latest high-profile exit
John Jumper, Vice President of Google DeepMind and a 2024 Nobel Prize in Chemistry winner, has announced his departure from the company.
SBI, Axis Bank among lenders set to raise $2B overseas
India's leading banks, including State Bank of India (SBI), Axis Bank, and Bank of Baroda (BoB), are set to collectively raise at least $2 billion from international markets.
PhonePe to charge ₹100 quarterly fee on inactive wallets
PhonePe, a leading digital payment and financial services company, has updated its wallet policy.
Why China is tightening its grip on indium exports
China is tightening its grip on indium exports, a metal critical for next-gen data centers.
CRED's biometric UPI feature nears 10M users
CRED, a fintech start-up founded by Kunal Shah, is on the verge of hitting a major milestone with its biometric authentication feature for UPI payments.
Jio eyes $230B global opportunity with homegrown telecom tech
Jio Platforms Ltd is eyeing a massive $230 billion global market opportunity with its homegrown telecom technology.
Air India CEO race narrows to Nipun Aggarwal, Vinod Kannan
Air India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders.
Global investors pull out $8.5B from India-focused funds
Global investors have pulled out nearly $8.5 billion from India-focused funds in 2026, a report by Elara Securities has revealed.
Reliance targets ₹4L crore EBITDA by 2031, focuses on AI
Reliance Industries has announced its ambitious plan to double its core profits (EBITDA) to ₹4 lakh crore by 2031.
SBI Mutual Fund gets SEBI nod for ₹13,000cr IPO
SBI Mutual Fund, India's leading asset management company, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), according to PTI.
Jio Platforms files for $4B IPO, to be India's largest
Jio Platforms, the digital subsidiary of Reliance Industries, has filed a draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO) expected to raise around ₹37,000 crore ($4 billion).
BrahMos missile deal with Vietnam in final stages
The deal for the supersonic BrahMos missile with Vietnam is in its final stages, said Jaiteerth Joshi, CEO of BrahMos Aerospace.
Reliance is building world's first autonomous refinery
Reliance Industries is gearing up to transform its Jamnagar facility into the world's first end-to-end autonomous refinery, Anant Ambani, the company's Executive Director, announced at the 49th annual general meeting.
JioHotstar clocks 450M+ monthly active users
Reliance Jio's streaming platform, JioHotstar, has achieved a major milestone with 451 million monthly active users (MAUs) in FY26.
Reliance Jio's 5G subscriber base crosses 268M
Reliance Jio has announced a major milestone in its 5G journey.
Jio Platforms to file IPO papers today, says Mukesh Ambani
Reliance Industries Chairman and Managing Director Mukesh D. Ambani, the largest shareholder of the group, has announced the filing of the Draft Red Herring Prospectus (DRHP) for Jio Platforms' Initial Public Offering (IPO).
Reliance Industries reports record revenue and profit in FY26
Reliance Industries Limited (RIL) has reported a record high revenue and net profit for the fiscal year 2026 (FY26).
Infosys shares plunge 9%, wiping out ₹40,000cr investor wealth
Infosys's shares plummeted by a staggering 9% on Friday, hitting a new 52-week low of ₹1,030 per share on the Bombay Stock Exchange (BSE).
Oil prices fall as Strait of Hormuz reopens
Oil prices witnessed a decline on Friday amid the reopening of the Strait of Hormuz and an interim US-Iran deal.
Japanese yen nears 40-year low against US dollar
The Japanese yen has plummeted sharply against the US dollar, crossing the 161 mark and nearing a four-decade low.
TCS overtakes Accenture as world's most valuable IT services firm
Tata Consultancy Services (TCS) has surpassed Accenture to become the world's most valuable IT services company for the first time since 2021.
Meta in talks to invest in CRED at $4B valuation
Meta, the parent company of Facebook, is said to be in talks to invest in Indian fintech and payments start-up CRED.
Intel shares surge 10% after Trump announces Apple chip deal
Intel's shares soared by 10% on Thursday, following President Donald Trump's announcement of a partnership between the semiconductor giant and Apple.
Craigslist founder gives away $500M, slams billionaires leaving donation pledge
Craig Newmark, the multi-millionaire founder of online classifieds platform Craigslist, has given away about $500 million to charity since starting the company 30 years ago.
Sensex, Nifty plunge over 700 points as IT stocks crash
The Indian stock market witnessed a sharp decline in early trade on Friday, breaking a five-day winning streak.
Reliance AGM today: When and where to watch live
Reliance Industries is gearing up for its 49th Annual General Meeting (AGM) today, with investors keenly awaiting updates on the company's future plans.
Trump mocked Bezos, Zuckerberg's attempts to win him, book reveals
In a new book by New York Times reporters Maggie Haberman and Jonathan Swan, it has been revealed that Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos tried to win over the US President Donald Trump after his 2024 election victory.
Starbucks plans 50-100 new stores every year in India
Starbucks is planning to expand its footprint in India by opening 50-100 new stores every year. This was revealed by Tata Starbucks Chief Executive Officer Sushant Dash in an interview with Bloomberg Television.
BBC to cut 550 jobs as part of cost-saving plan
The British Broadcasting Corporation (BBC) has announced plans to cut 550 jobs in its news, nations, and TV and radio content divisions.
Meta CTO says workers' morale is near record lows
Meta's Chief Technology Officer (CTO) Andrew Bosworth has evealed that employee morale at the company is probably one of the worst it's ever been.
NSE IPO could turn SBI's ₹2cr bet into nearly ₹5,000cr
The State Bank of India (SBI), India's largest lender, is poised to make a massive profit from its investment in the National Stock Exchange (NSE).
IndiGo launches airport cab service
IndiGo has launched a new airport transfer service called 'Cabs with IndiGo.' The innovative offering lets customers book cabs to and from airports in different Indian cities.
Gold, silver prices fall after US Fed holds rates steady
Gold and silver prices have witnessed a decline after the US Federal Reserve's decision to keep interest rates unchanged.
India-UK FTA starts July 15: What's getting cheaper for Indians?
India's Free Trade Agreement (FTA) with the United Kingdom will come into effect on July 15, nearly a year after it was signed.
Bitcoin price drops below $65,000
Bitcoin's price has dropped below the crucial $65,000 mark amid easing geopolitical tensions in the Middle East and a more hawkish stance from the US Federal Reserve.
India seeks $2.5B loans from World Bank, ADB
India is in talks with the World Bank and Asian Development Bank (ADB) to secure $2.5 billion in funding, according to Bloomberg.
Cult.fit plans ₹4,000cr IPO this month
Cult.fit, India's leading fitness services provider, is gearing up to file its draft red herring prospectus (DRHP) for an initial public offering (IPO) worth ₹3,500-4,000 crore this month, as per Moneycontrol.
JPMorgan drops Anthropic's Claude from approved list in Hong Kong
JPMorgan has removed Anthropic's Claude AI models from an internal list of approved AI tools in Hong Kong, according to Financial Times.
Oil prices fall as US-Iran peace deal eases supply fears
Oil prices fell on Thursday after US President Donald Trump and his Iranian counterpart Masoud Pezeshkian signed a deal.
NSE files for ₹30,000 crore IPO
The National Stock Exchange of India (NSE), the country's largest stock exchange and a major player in global derivatives market, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI.
How a $4B sneaker brand became an AI company
Shoe manufacturer-turned-AI infrastructure firm, Allbirds, has announced a major rebranding and executive change. The company will now be known as Smartbird.
RBI removes interest rate cap on new FCNR(B) deposits
The Reserve Bank of India (RBI) has removed the interest rate ceiling on new three- and five-year Foreign Currency Non-Resident Bank (FCNR-B) deposits.
This Indian data center company raised ₹7,000cr at ₹44,914cr valuation
CtrlS Datacenters, a leading Indian data center company, has secured a massive ₹7,000 crore investment from the Canada Pension Plan Investment Board (CPP Investments).
Why IOC, BPCL, and HPCL could each gain ₹20,000cr
India's oil marketing companies (OMCs) could see a major boost in profitability if the current trend of falling crude oil prices continues.
Manipal Hospitals plans $1B IPO in July
Manipal Health Enterprises, which runs the Manipal Hospitals chain, is planning to launch its initial public offering (IPO) as early as next month, as per the Economic Times.
Blue Star, Voltas shares rally amid delayed monsoon
Shares of air conditioner manufacturers and related companies have witnessed a jump of up to 5% on Wednesday.
This 25-year-old sold his AI start-up to Musk for $60B
Michael Truell, a 25-year-old co-founder and CEO of Cursor, an AI coding start-up, has become one of the youngest self-made billionaires in the artificial intelligence era.
Does Louis Vuitton owner Bernard Arnault control French press?
Bernard Arnault, the billionaire owner of the world's largest luxury group LVMH, is facing criticism from journalists' unions in France for his increasing dominance over the country's business and economic press.
Why US government wants lawsuit against xAI to be dismissed
The US Justice Department has moved to dismiss a lawsuit against Elon Musk's xAI, a company accused of operating without proper permits.
You can soon order electronics, jewelry, furniture on Amazon Now
Amazon is ramping up its quick-commerce operations in India by launching over 100 Urban Fulfillment Centers (UFCs).
This housing finance company is planning ₹3,000cr IPO in India
Warburg Pincus-backed TruHome Finance is gearing up for a ₹3,000 crore initial public offering (IPO), Moneycontrol reported.
Google Pay, PhonePe's combined UPI market share now below 80%
For the first time since the National Payments Corporation of India (NPCI) began publishing app-specific transaction data, PhonePe and Google Pay's combined market share has fallen below 80%.
Air India now offers 'Basic' fare on certain domestic flights
Air India has launched a new 'Basic' fare on select domestic routes, aimed at price-conscious travelers.
India's stock market regains $5T valuation
The combined market capitalization of all BSE-listed companies has crossed the $5 trillion mark, hitting a six-week high.
Why Vedanta Aluminium shares are down 14% in 3 days
Vedanta Aluminium, touted as the "crown jewel" of Vedanta Group, has witnessed a massive 14% decline in its shares within three days of listing.
SpaceX overtakes Amazon, Microsoft in market value
SpaceX briefly surpassed Microsoft in market capitalization on Tuesday, becoming the fourth-largest company in the world.
Jio set to file for $4B IPO within days
Reliance Jio Infocomm is expected to file its draft papers for a $4 billion initial public offering (IPO) "within days," as per the Financial Times.
Oil prices fall below $80 for first time since March
Oil prices have started to cool off, falling below $80 per barrel for the first time since early March.
SpaceX acquires AI coding start-up Cursor for $60B
SpaceX, Elon Musk's company, has announced its acquisition of AI coding start-up Cursor for a whopping $60 billion.