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flyadeal launches 1st direct Riyadh to Hyderabad daily A320 service
Saudi low-cost carrier flyadeal has launched daily direct flights between Hyderabad and Riyadh, marking its entry into the fast-growing Indian aviation market.
Sky to buy ITV channels and streaming service for £1.6bn
ITV and Sky have joined forces in a $2.1 billion deal, creating a powerhouse to rival global streaming giants while reshaping the UK television advertising market.
Tim Steiner to step down as Ocado CEO end 2027
Tim Steiner, Ocado’s co-founder and CEO, will step down in December 2027, transitioning to a “founder role” for strategic guidance until 2029.
Bitcoin rebounds to $62,980 on $224 million spot Bitcoin ETF inflows
Bitcoin nears $62,980 as renewed ETF inflows and easing macroeconomic concerns boost investor sentiment, marking a 4.17% weekly gain despite low holiday trading volumes.
Flipkart named among India's top 5 workplaces in 2026
Flipkart's recognition as one of India's Top 5 Best Companies to Work For stems from its focus on continuous learning, employee growth, and holistic well-being initiatives.
Indiabulls shares hit ₹30.76 52-week high after 180% 3-month rise
Indiabulls share price surged 75% YTD, hitting a fresh 52-week high of ₹30.76, driven by strong buying momentum and robust trading volumes on the BSE.
Gopal Jain says India could soon lead global enterprise AI
India is poised to become a global hub for enterprise AI services, leveraging its strong talent pool and private equity capital to build foundational technologies, says Gopal Jain.
HSBC report: 86% Indian HNIs use AI, still trust advisers
A recent HSBC report reveals that 86% of India's high-net-worth individuals use AI for investment research, yet human advisors remain central to decision-making processes.
India adds 1.6 GW thermal capacity by May, 60% jump
India added 1.6 GW of thermal capacity by May 2026, marking a 60% year-on-year increase, despite delays in equipment supply and land acquisition stalling several projects.
Standard Chartered trims India branches to 80, keeps RBI licenses
Standard Chartered has reduced its branch network in India from 100 to 80, focusing on wealth management and affluent banking amid intense competition from domestic lenders.
Riyadh Air starts daily nonstop Mumbai Riyadh service August 4
Riyadh Air will launch daily direct flights between Mumbai and Riyadh from August 4, marking its entry into India with premium services on Boeing B787-9 aircraft.
Samsung Electronics workers to protest in Suwon over bonus gap
Samsung Electronics' appliance division workers will rally on July 16, protesting significant bonus disparities favoring chip workers, who recently secured a lucrative wage deal.
Bitcoin nears $63,000 after $224 million spot ETF inflows boost
Bitcoin traded near $63,000 as $224 million in ETF inflows ended a six-day outflow streak, signaling improved market sentiment amid cautious optimism ahead of macroeconomic events.
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.
Suzuki's Next Bharat Ventures launches ₹2000cr fund for rural startups
Next Bharat Ventures, a subsidiary of Suzuki Motor Corp., has unveiled its second ₹2,000 crore impact fund to support rural entrepreneurs and drive grassroots transformation.
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.
Morgan Stanley sees 25% chance Sensex reaches 100,000 next year
Morgan Stanley's Ridham Desai predicts a 25% chance of the Sensex reaching 1 lakh within a year, driven by stronger earnings and India's improving macroeconomic fundamentals.
Indian firms favor AI readiness and specialized skills over headcount
Indian companies are shifting focus to AI readiness and specialised skills, emphasising capability-led hiring over large-scale workforce expansion, according to a recent report.
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.
India mobile bills may rise 12-15% after telco price hikes
India's telecom sector is gearing up for a 12-15% tariff hike within the next three to four months, driven by market consolidation and increasing 4G/5G adoption.
Agility Robotics to go public in Churchill SPAC valued $2.5B
Agility Robotics is set to go public via a $2.5 billion SPAC deal, focusing on warehouse robots while downplaying near-term prospects for humanoids in home environments.
South Korea opens 24-hour onshore dollar-won trading Monday to Saturday
South Korea has introduced a 24-hour onshore dollar-won trading system, aiming to enhance currency accessibility and attract foreign investors for global market recognition.
Uber pauses food delivery expansion in Europe
Uber has put a halt to its planned food delivery expansion in Europe, according to Financial Times.
KOEL shares jump over 8% after Jefferies sets ₹2,815 target
Kirloskar Oil Engines shares jumped 8% after Jefferies initiated coverage with a 'Buy' rating, citing strong growth potential and bullish prospects in the data centre segment.
IRDAI to make commission structures public and prioritize customer needs
IRDAI plans to link insurance commissions to product complexity and policy retention, aiming for greater transparency and improved customer-centric practices.
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.
NSE filed draft prospectus for $3 billion secondary IPO
India's National Stock Exchange is set to launch formal marketing for its $3 billion IPO next week, targeting global investors across the US, Europe, Asia, and the Middle East.
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.
Meesho now gets over 75% orders from Prism AI recommendations
Meesho bets on conversational commerce and hyper-personalisation, leveraging AI to redefine online shopping for India's browse-heavy consumers over traditional search.
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.
Virtuoso Music launches India office July 6, 2026 to back artists
Virtuoso Music launches in India, focusing on Hindi, Punjabi, Tamil, and Telugu music with an artist-first model to empower creators and foster collaborations.
Granules India secures 1st-to-file exclusivity for Lumryz generic in US.
Granules India has obtained sole First-to-File (FTF) status for its generic version of Lumryz, marking a significant milestone in its complex generics portfolio expansion.
Amazon Prime Day 2026 ends today with smart appliance discounts
The Amazon Prime Day 2026 sale concludes today, offering massive discounts on TVs, refrigerators, washing machines, air conditioners, and more. Don't miss these last-minute deals!
Glenmark Pharmaceuticals launches generic olanzapine injection in US hospitals
Glenmark Pharmaceuticals has introduced a bioequivalent generic version of Zyprexa injection in the US, targeting schizophrenia and bipolar disorder treatment with a $25.4M market.
Rupee falls to 95.28 as analysts say RBI builds reserves
The rupee fell 10 paise to 95.28 against the US dollar in early trade, impacted by the dollar's strength and prevailing geopolitical uncertainties surrounding US-Iran peace talks.
Adon Agro Commodities lists at ₹78.25, raises ₹44.03cr in IPO
Adon Agro Commodities shares listed at a 12% premium over the IPO price of Rs 70 on the BSE SME platform, surpassing grey market expectations with a strong opening at Rs 78.25.
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.
Aastha Spintex opens at ₹130 below IPO top despite oversubscription
Aastha Spintex shares debuted weakly on July 6, listing at Rs 130 per share, a 4.41% discount to the IPO price range of Rs 125-136.
M&M integrates AI across cars, finance, logistics and real estate
Mahindra & Mahindra is transitioning from pilot projects to enterprise-wide AI adoption, embedding the technology across automotive, finance, logistics, and real estate sectors.
Sensex at 78,020 as banks rally before 1st-quarter earnings
Sensex opened 250 points higher, driven by strong banking stocks as HDFC Bank surged 2% following robust Q1 updates. Nifty crossed 24,300, supported by positive investor sentiment.
AI demand squeezes memory supply, raising device prices in India
AI-driven demand for high-bandwidth memory is raising component costs, making smartphones and laptops pricier while limiting brands' ability to offer festive discounts.
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.
Indian rupee opens at ₹95.23, experts expect 94.80 to 95.50
The Indian rupee opened unchanged at 95.23 against the US dollar, while Asian currencies traded mixed, with the South Korean won and Indonesian rupiah leading gains.
Four firms launch IPOs this week to raise ₹1,459cr
Four companies aim to raise Rs 1,459 crore via IPOs, while 10 new firms, including two mainboard listings, are set to debut on stock exchanges this week.
SK Hynix seeks $28B Nasdaq listing via 17.79 million ADRs
South Korean chipmaker SK Hynix, a key supplier of Nvidia's AI chips, is set to launch a $28 billion US listing this week, capitalizing on surging AI-driven investor demand.
Oil falls as OPEC+ plans August boost, Hormuz flows rise
Oil prices dipped as OPEC+ raised production targets, while gold surged near a two-week high, buoyed by a weaker US dollar and softer-than-expected jobs data.
Cisco helps Indian businesses and telcos counter Anthropic's Mythos threats
Cisco is intensifying cybersecurity efforts with Indian stakeholders and leveraging AI infrastructure growth, following Anthropic's Mythos model's impact on the threat landscape.
India markets likely to open flat as Sensex, Nifty rise
The Indian equity benchmarks, Sensex and Nifty 50, are expected to open flat on Monday amid mixed global cues, as Asian markets traded unevenly ahead of US Fed minutes.
Samsung poised to report 18-fold Q2 profit on AI demand
Samsung's projected 18-fold profit surge and record revenue in Q2 may stabilize volatile chip stocks, as booming AI demand drives memory chip price hikes amid supply concerns.
Gold holds near 2-week high after weaker US jobs report
Gold prices hovered near a two-week peak as softer U.S. jobs data tempered Federal Reserve rate hike expectations, with spot gold steady at $4,175.02 per ounce early Monday.
Foreign investors shift to Indian debt amid heavy equity outflows
Foreign portfolio investors are heavily investing in Indian debt due to tax benefits and global index inclusion prospects, while equity investments see significant outflows.
PFRDA lets NPS subscribers withdraw up to 80% lump sum
Recent amendments to NPS withdrawal norms offer greater flexibility, allowing subscribers to access up to 80% of their corpus as a lump sum.
India to double US LPG imports to reduce Gulf dependence
India is reportedly planning to double its LPG imports from the US, aiming to diversify energy sources and reduce reliance on Gulf supplies amid concerns over supply disruptions.
Top Indian executives return to class for AI skills
Senior executives across India are returning to classrooms, pursuing advanced AI courses to stay relevant in a competitive job market and evolving industries.
Sachin Bansal's Navi targets ₹3,000 cr IPO by March 2027
Sachin Bansal’s fintech firm Navi Ltd plans to raise Rs 3,000 crore through an IPO by March 2027, partnering with Kotak Investment Banking to finalize the offering structure.
SK Hynix to list on Nasdaq with $29 billion offering
South Korean chipmaker SK Hynix debuts on Nasdaq with a $29 billion listing, aiming to boost valuation and capitalize on surging AI-driven memory chip demand.
Fortune 500 AI usage squeezes margins at India's IT giants
Indian IT firms face rising AI token costs, threatening budgets and revenue growth. Enterprises now prioritize managing token economics as a core operational challenge.
Uber pauses most 2026 European launches, prioritizes Finland and Denmark
Uber has paused launches in five European countries, citing momentum in existing markets and potential antitrust concerns tied to its ongoing Delivery Hero acquisition efforts.
Graviss Group in talks to acquire Dunkin' India franchise
Graviss Group, operator of Baskin Robbins in India, is negotiating with Inspire Brands to acquire Dunkin's franchise rights, aiming to revamp its struggling operations.
India and Russia target $50 billion mutual investments by 2030
India and Russia aim to achieve $50 billion in mutual investments by 2030, focusing on advanced manufacturing, critical minerals, and green technology through joint projects.
Dilip Asbe joins Swift global supervisory board amplifying India's role
Dilip Asbe, CEO of NPCI, has been inducted into Swift's global supervisory board, marking a pivotal moment for India's influence in shaping global payment standards.
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.
Karnataka HC refuses to stay gig workers' welfare act
The Karnataka High Court has refused to stay the implementation of the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Act, 2025.
EPFO portal revamped: UAN activation now available only on app
The Employees' Provident Fund Organisation (EPFO) has revamped its Unified Member Portal after a week-long scheduled upgrade. The overhaul includes a new look and several changes to member services.
Square Yards eyes ₹3,000cr revenue, plans IPO in 12-18 months
Proptech platform Square Yards is targeting a revenue of nearly ₹3,000 crore for the current financial year. The company also plans to go public within the next 12-18 months.
India's middle class set to drive 93% of consumer spending
India's burgeoning middle class is set to be the country's biggest economic driver in the coming decade, Finance Minister Nirmala Sitharaman said on Friday.
NVIDIA introduces revenue-sharing model to boost AI hardware access
NVIDIA, the leading player in the artificial intelligence (AI) industry, has announced a new revenue-sharing model.
India to contest proposed 12.5% US tariffs on exports
India is gearing up to contest the proposed 12.5% tariffs on its exports by the US Trade Representative (USTR).
Manipal Health Enterprises gets SEBI nod for IPO
Manipal Health Enterprises, a leading hospital chain backed by Singapore's Temasek, has received approval from the Securities and Exchange Board of India (SEBI) for its upcoming initial public offering (IPO), according to Reuters.
RBI fines Bank of Baroda ₹64L for breaching regulatory guidelines
The Reserve Bank of India (RBI) has slapped a hefty fine on Bank of Baroda and GIC Housing Finance for regulatory violations.
Red Bull, Sting can't be marketed as 'energy drinks': FSSAI
The Food Safety and Standards Authority of India (FSSAI) has issued notices to six beverage brands for using the term "energy drink" and making misleading claims.
Will Musk donate SpaceX shares to 'Trump Accounts?'
President Donald Trump has expressed optimism that tech mogul Elon Musk will contribute SpaceX shares to the "Trump Accounts" initiative.
India's forex reserves have fallen to $666.93B
India's foreign exchange (forex) reserves have witnessed a significant drop of $5.654 billion.
Manappuram Finance CEO resigns, to continue till December
Deepak Reddy, the Chief Executive Officer (CEO) of Manappuram Finance Ltd, has resigned from his position.
SBI Funds to raise $1.2B via IPO at $12.1B valuation
SBI Funds Management, India's largest asset manager, is gearing up to launch its initial public offering (IPO) in the week starting July 13.
YES Bank's loans, advances jump over 18% in Q1 FY27
Private sector lender YES Bank has reported an impressive growth in its loans and advances for the first quarter of FY27.
HDFC Bank's Q1 update: Loan, deposits see 15% YoY growth
HDFC Bank has posted impressive financial results for the first quarter of FY27.
Why Sri Lanka is now upper-middle-income economy but India isn't
The World Bank has upgraded Sri Lanka, Vietnam, and the Philippines to upper-middle-income status in its latest country income classification. The move recognizes their economic progress after years of growth and recovery.
Smartphone financing to account for 42% of sales in India
Smartphone financing is set to dominate in India, accounting for 42% of all sales this year.
Centre plans ₹20,000cr EV incentive scheme for private buses
The Indian government is planning a new incentive scheme to promote the adoption of electric busses (e-busses) by private operators.
EPFO to settle eligible PF withdrawal claims within 3 days
The Employees' Provident Fund Organisation (EPFO) has introduced a new system to settle eligible provident fund (PF) withdrawal claims within three days.
Boeing's air taxi firm sued over discrimination, safety concerns
Wisk Aero, the electric air taxi company owned by Boeing, has been sued by a former employee.
IRDAI weighs commission overhaul to curb insurance mis-selling
The Insurance Regulatory and Development Authority of India (IRDAI) is mulling a major overhaul in the way distributors are compensated.
Could Fed's rate hike spoil Dalal Street's rally?
The recent softer-than-expected jobs data in the US has led to fluctuating expectations for interest rate hikes this year.
French firms invited to invest in India's AI, clean-energy sectors
Union Finance Minister Nirmala Sitharaman has invited French businesses and investors to explore the vast opportunities India offers in artificial intelligence (AI), clean energy, healthcare, digital infrastructure, and financial services.
US remains India's largest LPG supplier in June
The United States has retained its position as the top supplier of liquefied petroleum gas (LPG) to India for the month of June.
HCL Tech shares soar 6% after $1B AI deal
HCL Technologies has witnessed a major spike in its share price, rising as much as 6% to an intraday high of ₹1,139 on the BSE today.
Air India Express restores all West Asia flights
Air India Express has announced the resumption of its West Asia flight services, including routes to Salalah in Oman and Kuwait.
EPFO portal is back but passbook remains unavailable
The Employees' Provident Fund Organisation (EPFO) has restored most of its online member services after a planned system migration and database consolidation exercise.
India's services growth hits 17-month low in June
India's services sector, a major contributor to the country's economy, witnessed its slowest growth in 17 months during June.
Prosser denies Apple trade secret theft, blames Ramacciotti in response
Popular YouTuber Jon Prosser has responded to Apple's lawsuit against him and his acquaintance, Michael Ramacciotti, after receiving a second chance to formally respond.