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Lodha Developers to sell 150 acres in Palava for ₹9000Cr
Lodha Developers plans to raise ₹9,000 crore by selling 150 acres in Palava to hyperscalers, leveraging robust demand for data centre sites and rising land prices.
Indian pharma margins hit by West Asia conflict costs
The ongoing conflict in West Asia is driving up freight and solvent costs, squeezing margins for Indian pharmaceutical companies amid fixed contracts and tightened supply chains.
Tata Sons AGM August 18 highlights N Chandrasekaran reappointment
Tata Sons' upcoming AGM will address N Chandrasekaran’s reappointment as director and navigate governance challenges involving the Sir Ratan Tata Trust amid regulatory proceedings.
HSBC plans 100+ AI and 100 wealth managers in Singapore
HSBC plans to hire 100 AI specialists and 100 wealth managers in Singapore, alongside launching a new AI centre to enhance personalised financial services.
Wipro expands Databricks partnership to modernize data systems with AI
Wipro has strengthened its collaboration with Databricks, launching a dedicated business practice to accelerate enterprise-scale AI adoption and data modernisation.
NVIDIA takes 4.5% stake in Naver for AI data center
Nvidia will invest $1 billion in South Korea's Naver to support an AI data center, marking a significant collaboration to expand gigawatt-scale AI infrastructure in the region.
Brian Armstrong says crypto and AI should team up
Brian Armstrong, Coinbase CEO, condemned crypto firms pivoting to AI for market hype, emphasizing crypto's role as foundational infrastructure rather than a competing technology.
Epigral Ltd June quarter profit falls 38% to 99.74cr
Epigral Ltd reported a 38% drop in Q1 net profit to ₹99.74 crore, citing a tax rate shift, despite total income rising to ₹709.46 crore from ₹614.79 crore.
Tata Sons FY26 profit jumps 22% to ₹31,961cr
Tata Sons has reported a 22% surge in its annual profit for the fiscal year ending March 2026.
Ratan Tata's charity share transfer halted amid Maharashtra probe
The transfer of 3,368 Tata Sons shares from Ratan Tata's estate to his charitable entities has been delayed due to an ownership dispute over a 1989 share transaction.
Michael Burry criticizes NVIDIA $250B backstop for OpenAI Ohio project
Michael Burry has slammed reports of Nvidia's $250 billion backing for OpenAI, highlighting risks tied to circular funding structures in massive AI projects exceeding $100 billion.
RBI sold US dollars, rupee up 0.8% still trails Asia
The Reserve Bank of India’s large dollar sales on Monday boosted the rupee by 0.8%, marking its strongest gain since June 15 amid easing oil prices and positive market sentiment.
Oil falls to $88 after US pause, Tehran promises calm
Crude oil prices plunged over 9% to $88/barrel after the US paused strikes on Iran and diplomatic efforts, backed by China, raised hopes of de-escalating regional tensions.
Global stocks rise after US Iran ceasefire talks calm markets
Global markets surged on Monday as US-Iran ceasefire talks eased geopolitical tensions, driving oil prices down nearly 7% and boosting investor confidence across regions.
Paytm and ClearTax launch ₹11 ITR filing in 'Free Tools'
Paytm has teamed up with ClearTax to provide affordable online income tax return filing services, starting at just ₹11, directly through its app.
Indian markets rebound as Sensex jumps 776.01, Nifty climbs 228.50
Indian markets rebounded strongly on Monday as easing US-Iran tensions and falling crude oil prices boosted investor sentiment, with Sensex surging 776 points.
How small-ticket loans are driving India's consumption story
India's consumption story is being driven by easy access to credit, with small-ticket consumer loans becoming the preferred financing option for discretionary purchases.
IndianOil launches lighter Indane XTRALITE now 10-kg LPG, 4-hour delivery
IndianOil introduces Indane XTRALITE NOW, a lightweight 10 kg composite LPG cylinder, alongside a 4-hour delivery service in select cities for faster and more convenient refills.
Lodha Group posts 24% home sales drop, eyes ₹24,000cr pre-sales
Lodha Group remains confident of achieving its ₹24,000 crore pre-sales target for FY27, leveraging strategic project launches and robust inventory over the next nine months.
Why China's export curbs threaten $6.5 trillion supply chains
China's recent export restrictions on critical minerals and rare earth elements could endanger an estimated $6.5 trillion worth of annual downstream production outside the country, the International Energy Agency (IEA) has warned.
Hyderabad's Sigma Advanced Systems wins ₹1,013cr contract for 147,000 shells
Hyderabad-based Sigma Advanced Systems secured a ₹1,013-crore export order to supply 147,000 artillery shell bodies to a North American customer within 6-12 months.
IIM Calcutta revamps EPGM to integrate AI across functions
IIM Calcutta's revamped Executive Programme in General Management integrates AI across its curriculum, preparing professionals for leadership in an AI-driven business landscape.
Mangalam Worldwide Ltd posts 18.7% PAT rise to ₹12.02 cr
Mangalam Worldwide Ltd reported an 18.7% rise in Q1 FY27 profit after tax to ₹12.02 crore, driven by a 13.4% increase in total income to ₹316.85 crore.
L&T wins ₹10,000cr Mumbai housing redevelopment contract using precast
Larsen & Toubro (L&T) has won a "major" order worth ₹5,000-₹10,000 crore for designing and constructing 26 high-rise residential towers in Mumbai using advanced precast technology.
Deepinder Goyal's Temple doubles valuation to $375M in 5 months
Temple, a wearable tech start-up founded by Deepinder Goyal, the founder of Eternal, has launched an employee stock ownership plan (ESOP) liquidity program.
Over 4cr ITRs filed AY 2026-27, FM urges expedited refunds
Over 4 crore Income Tax Returns (ITRs) have been filed for AY 2026-27. The Income Tax Department urges taxpayers to file early to avoid the July 31 deadline rush.
India's crude price falls from $114.5 to $77.6 per barrel
India's average crude oil basket price dropped to $77.6 per barrel in July 2026 from $114.5 in April, easing pressure on the import bill.
Dreamfly Innovations announces 40,000sqft drone battery plant in North Bengaluru
Dreamfly Innovations plans a 40,000 sq. ft. battery plant in North Bengaluru with an initial 100 MWh capacity, supporting India's growing drone and aerial mobility sector.
Amazon Great Freedom Sale starts August 7 with big discounts
Amazon's Great Freedom Sale 2026 starts on August 7 in India, offering discounts, bank offers, and exchange benefits across categories like electronics, appliances, and more.
Mercor, $10B AI hiring startup, shifts to interviews emphasizing judgment
Mercor's Product Head, Osvald Nitski, revealed the $10 billion startup has replaced AI-completable take-home assignments with judgment-focused whiteboard interviews.
Pune-based Poojaa Precision Engg launches ₹160cr IPO July 28-30
Poojaa Precision Engg Ltd will open its ₹160 crore SME IPO for subscription on July 28, with a price band of ₹285-301 per share.
Why budget smartphones are struggling in India
India's smartphone market witnessed a major slowdown in the April-June quarter, with a 10% year-on-year (YoY) decline.
Deepinder Goyal's Temple seeks $500 million valuation in funding round
Deepinder Goyal's startup Temple plans its next funding round at a $500 million valuation, pricing its debut health wearable at Rs 75,000-80,000 for premium consumers.
Tata Sons posts 22% standalone profit rise for FY2026 ₹31,961cr
Tata Sons reported a 22% rise in standalone annual profit to ₹31,961 crore for FY26, driven by investment gains and robust earnings from portfolio companies.
Caliber Mining shares hit ₹624.40, 47% above IPO price
Caliber Mining shares soared 47% above IPO price to Rs 624.40 on Monday, following a strong market debut with the IPO subscribed 146.64 times.
Tata Trusts hearing on Mehli Mistry postponed to Sept 8
The Maharashtra Charity Commissioner deferred the hearing on Mehli Mistry's removal as trustee to September 8, granting Tata Trusts six weeks to respond to his objections.
Qualcomm raises chip prices double digits, effective September 1, 2026
Qualcomm will increase chip prices by double-digit percentages starting September 1, citing an inability to absorb rising supplier costs due to ongoing global component shortages.
Executives at Bengaluru summit urge tailored AI using own data
Top executives from HDFC Bank, Wipro, Palo Alto Networks, and Zepto emphasized the need for domain-specific AI models tailored to proprietary data for accuracy and governance.
Policybazaar launches US$ term insurance for NRIs at GIFT City
Policybazaar now offers US dollar-denominated term insurance for NRIs via GIFT City's IFSC, enabling premiums and payouts in dollars to mitigate currency exchange risks.
US appeals court blocks Trump's mail-in voting order
A federal appeals court has blocked President Donald Trump's executive order aimed at tightening mail-in voting rules in 23 states.
Skyroot CEO Chandana says orbital data centers will be cheapest
Skyroot CEO Pawan Kumar Chandana predicts orbital data centres powered by abundant solar energy will revolutionize computing costs, with prototypes expected in two to three years.
HCLTech launches Neo. AI to serve SMBs marking Indian IT 1st
HCLTech has become the first Indian IT services firm to establish a dedicated unit, Neo.AI, targeting mid-market clients with AI-driven solutions.
French labor authorities fine Infosys ₹2cr over time tracking compliance
Infosys faces a Rs 2 crore penalty from French labour authorities for non-compliance with local employee time-tracking laws, citing issues with system reliability and auditability.
Axis Finance launches Drishti platform to accelerate lending decisions
Axis Finance Limited has introduced Drishti, a configurable Business Rules Engine, to enhance credit decisioning and risk management across retail and MSME lending.
Zappyhire: 81% enterprise hiring teams use AI, 6.6% fully integrated
A Zappyhire report reveals 81% of enterprise hiring teams have adopted AI, with only 6.6% fully integrating it, highlighting a significant maturity gap in deployment.
Visage Lines revenue jumps 139% to ₹635cr, EBITDA positive ₹2cr
Bombay Shaving Company reported a 139% surge in operating revenue to Rs 635 crore in FY26, nearing break-even with its first-ever positive adjusted EBITDA of Rs 2 crore.
CRIF data shows small loans boost India's durable goods spending
Small-ticket consumer loans now fuel nearly half of household borrowings, transforming credit access into a key driver of India's discretionary spending surge.
Master Chains N Jewels files IPO with 400cr fresh issue
Master Chains N Jewels Ltd has filed IPO papers with SEBI, aiming to raise ₹400 crore through a fresh issue and an Offer for Sale by its promoter.
Why India's shipping costs are rising despite falling oil prices
Despite a decline in oil prices, India's shipping industry is still facing high freight costs.
Indian government bonds see rally today: What's the reason?
Indian government bonds witnessed a major rally at the start of the week today, recovering from last week's losses.
Can INR strengthen to 95/$ in coming months?
The Indian rupee could appreciate against the US dollar in the coming months, according to Anindya Banerjee, Head of Research-Currency, Commodity, and Interest Rate Derivatives at Kotak Securities.
Brent drops 5.3% to $91.68 after US, Iran pause airstrikes
Oil prices drop over 5% as the US halts strikes on Iran, while AstraZeneca reports an 18% profit surge driven by strong cancer treatment sales.
KPMG Australia pauses Victorian government bids after data misuse allegations
KPMG Australia halts bidding for Victorian government contracts amid allegations of mishandling confidential client data, triggering job cuts and reduced partner pay.
Bitcoin rebounds above $65,000
Bitcoin (BTC), the world's largest cryptocurrency by market cap, has surged past the $65,000 mark. The price is up by some 1.2% in the last 24 hours.
What's driving the rally in Indian IT stocks today
Leading Indian IT stocks, including Infosys and Tata Consultancy Services (TCS), witnessed a significant surge in their share prices on Monday.
Deepinder Goyal's temple valued at $375 million, launches ESOP liquidity program
Temple, founded by Deepinder Goyal, has doubled its valuation to $375 million and introduced an ESOP liquidity programme for early employees ahead of its next funding round.
CXMT becomes China's most valuable listed company after $8.6B IPO
China's CXMT stunned markets with a 500% surge on its Shanghai debut, marking a pivotal step in Beijing's drive for semiconductor self-reliance.
IDFC First Bank posts ₹1,075 cr Q1 profit, shares jump
IDFC First Bank shares soared nearly 10% after reporting a 132% year-on-year jump in Q1FY27 net profit, reaching ₹1,075 crore and driving bullish sentiment among brokerages.
Infosys names Ashiss Kumar Dash as CEO and MD
Ashiss Kumar Dash steps in as Infosys CEO on April 1, 2027, inheriting a stable company poised for transformation amid the global shift toward AI-driven IT services.
8th Pay Commission to hold meetings with stakeholders in September
The 8th Pay Commission has announced its plan to hold meetings with employee and pensioner bodies, as well as other stakeholders in Chennai and Puducherry.
Prabhudas Lilladher upgrades Fractal Analytics to Buy with ₹1,010 target
Prabhudas Lilladher upgrades Fractal Analytics to a "Buy" rating, citing anticipated H2 recovery and robust growth in non-TMT verticals, with a target price of Rs 1,010.
RBI's latest move may bring $85B in forex inflows
India is poised to witness a major surge in Foreign Currency Non-Resident (Bank) deposits, with projections of inflows between $65-70 billion by the end of the scheme.
Bitcoin $65,200, Ethereum $1,950 calm amid lower oil prices
Bitcoin traded near $65,200 as the crypto market stabilized ahead of the US Federal Reserve meeting, with investors closely monitoring rate hike probabilities.
Sakar Healthcare shares jump over 4% on strong Q1FY27 performance
Sakar Healthcare's stock surged after reporting a 120% YoY rise in Q1FY27 net profit, marking a remarkable 354% gain over five years and reinforcing its strong growth trajectory.
RBI's forex measures attract $32B in foreign inflows
The RBI Governor Sanjay Malhotra has revealed that banks have successfully mobilized nearly $32 billion through Foreign Currency Non-Resident Bank (FCNR(B)) deposits.
Sterlite Technologies to invest ₹1,500cr in manufacturing and R&D
Sterlite Technologies (STL) will invest Rs 1,500 crore over three years to boost manufacturing and R&D, driven by AI data centres, 5G, and BharatNet demand.
Indian IT stocks jump Monday as OFSS, Infosys lead gains
Indian IT stocks rallied on Monday as easing geopolitical tensions and improved global market sentiment boosted investor confidence, with OFSS leading gains at 3.74%.
Why gold and silver prices are rallying today
Gold prices rose on Monday, buoyed by a weaker US dollar and lower Treasury yields.
Jefferies upgrades India's IT services rating from underweight to neutral
Jefferies upgraded India's IT sector to neutral, citing a tactical bottom after a 25% year-to-date decline, as the AI trade slowdown improves investor sentiment.
China's factory profits slow as exports offset weak demand
China's industrial profits saw a 15.1% year-on-year increase in June, data from the National Bureau of Statistics showed on Monday.
India on track to meet ₹50,000cr defense export target
India is on track to achieve its defense export target of ₹50,000 crore by 2030.
CXMT Corp shares jump 535% to 55.03 yuan
CXMT Corp. surged 535% on its Shanghai debut, with Nomura projecting a potential 1,239% rally from its IPO price as the firm gains global memory-chip market share.
NVIDIA may help OpenAI access $500B SoftBank Ohio data center
Nvidia is negotiating a $250 billion guarantee for OpenAI's lease of a $500 billion, 10-gigawatt data center in Ohio, highlighting circular financing within the AI sector.
Sensex jumps 600 points: What's driving today's rally?
The Indian stock market witnessed recovery today, with the Sensex and Nifty opening sharply higher.
Indian government bonds rise as crude falls after U.S.-Iran pause
Government bonds surged early this week as crude oil prices dropped sharply following a pause in U.S.-Iran strikes, boosting hopes for diplomatic resolution and market stability.
Indo-MIM IPO GMP hits 40% as issue closes today
The initial public offering (IPO) of Indo-MIM Ltd, a manufacturer of precision engineering components, is set to close today.
Indian stocks rally as Sensex jumps 636.62, Nifty nears 24,000
The stock market surged today as easing geopolitical tensions, falling crude oil prices, and a strong rally in IT stocks boosted investor sentiment across sectors.
Chinese chipmaker CXMT jumps 470% in blockbuster market debut
China's memory chipmaker Changxin Technology Group (CXMT) has witnessed an unprecedented surge of 472% in its debut on Shanghai's STAR Market.
Indian rupee rises 28 paise to 96.25 per dollar
The rupee appreciated by 28 paise to 96.25 against the US dollar on Monday, supported by falling crude oil prices and positive global cues amid easing US-Iran tensions.
Oil prices drop 5% as US, Iran consider halting attacks
Oil prices witnessed a sharp decline on Monday, following a weekend of restraint from both the United States and Iran.
Major win for Amazon: India relaxes FDI-norms for e-commerce firms
In a major policy shift, the Indian government has relaxed its foreign direct investment (FDI) rules.
This European satellite operator now has an Indian subsidiary
European satellite operator, Sateliot, has set its sights on India's booming Internet of Things (IoT) sector.
This Carlyle subsidiary wants to raise ₹4,700cr via IPO
Carlyle Group, a leading private equity firm, is gearing up for a $500 million (approximately ₹4,700 crore) initial public offering (IPO) of its Indian automotive platform, Highway Roop Precision Technologies.
Chinese tech giant fires employee over leaked ₹4.5cr salary package
In a shocking turn of events, Chinese tech giant Tencent has fired an employee after his multi-million yuan salary package was leaked online.
Why Air India is modifying its Boeing 787 aircraft
Air India is modifying some of its Boeing 787 aircraft to fix a potential problem with the door assist handles.
Why CCI is avoiding suo motu cases now
The Competition Commission of India (CCI) has said that it is avoiding suo motu cases unless no one else is willing to come forward.
When is your PF withdrawal tax-free?
The Employees' Provident Fund (EPF) scheme is a retirement savings plan for salaried employees in India.
PNB's net profit to cross ₹20,000cr mark in FY27
Punjab National Bank (PNB) is confident that its net profit will cross the ₹20,000 crore mark in FY27.
India now one of the biggest markets for Swiss watches
India is fast emerging as a key player in the global Swiss watch market, according to the Federation of the Swiss Watch Industry.
Market cap of India's top 9 firms down ₹2.74L crore
The Indian equity market witnessed a rough week, with nine out of the top 10 companies losing their market value. Together they lost ₹2.74 lakh crore.
Individual salespersons should be linked to every insurance policy: IRDAI
Ajay Seth, the chairman of the Insurance Regulatory and Development Authority of India (IRDAI), has proposed an approach to combat mis-selling in the insurance sector.
Nepal urges India to accept biometric ID for cross-border travel
Nepal has formally requested India to accept its biometric National Identity (NID) card as a valid travel document for cross-border trips.
Midcap and smallcap indices fall for 2nd consecutive week
The broader market indices continued their downward trend for the second consecutive week, mirroring the performance of benchmark indices.
Why Prince George won't get a smartphone anytime soon
Prince George, the eldest son of Prince William and Kate Middleton, is set to start his five-year journey at Eton College in September.
Over a dozen IPOs lined up for August
India's primary market is gearing up for a busy August, with over a dozen companies planning initial public offerings (IPOs) that could raise more than ₹25,000 crore.
NTPC to raise ₹12,000cr via NCDs
State-run power giant NTPC has announced its plan to raise up to ₹12,000 crore through the issuance of non-convertible debentures (NCDs).
Musk's tunneling venture could be worth $20B
Elon Musk's tunneling venture, The Boring Company, is said to be in talks for a new funding round that could value it at around $20 billion, according to
Canva founders commit $150M to world's largest cash transfer program
Canva co-founders and billionaire couple Melanie Perkins and Cliff Obrecht have launched the world's largest unconditional cash transfer program in a low-income country.
Court blocks Trump bid to revive $100,000 H-1B visa fee
A US federal appeals court has refused to stay a lower court ruling that struck down the Trump administration's controversial $100,000 fee on new H-1B visas.
Will Indian stock market fall for 6th straight session tomorrow?
The Indian stock market has been on a downward trend for five consecutive sessions.
WhatsApp had more UPI transactions than CRED in June
WhatsApp has surpassed CRED in Unified Payments Interface (UPI) transaction volume for June, according to data from the National Payments Corporation of India (NPCI).
Money won't matter in 2036, says Elon Musk
Elon Musk, the CEO of Tesla and SpaceX, has predicted that artificial intelligence (AI) will transform the global economy in the next decade.
'Divorce of the century': Korean billionaire to pay ex-wife $644M
Chey Tae-won, the chairman of South Korea's SK Group conglomerate, has been ordered to pay his ex-wife Roh Soh-yeong 944 billion won ($644 million) in a divorce settlement.
Kalshi asks Netflix to pull trailer for prediction markets documentary
Kalshi, a prediction market platform, has sent a cease-and-desist letter to Netflix.
Oil surge above $100 puts central banks on alert
The recent spike in crude oil prices, briefly crossing the $100 mark for the first time in two months, is raising alarm bells among policymakers.
DeepSeek halts fundraising after viral US-China remarks
DeepSeek, a leading Chinese AI company, has reportedly put its second fundraising round on hold.
Warner Bros. Discovery sues Amazon over alleged poaching of employees
Warner Bros. Discovery has filed a lawsuit against Amazon, accusing the tech giant of illegally poaching its employees.
Violent attacks on crypto holders surge 33% globally
The world of cryptocurrency is witnessing a worrying trend: a rise in violent attacks against crypto holders.
ED chargesheets 3 founders of real-money gaming firms
The Enforcement Directorate (ED) has filed a prosecution complaint against Gameskraft Technologies and RummyTime Technologies under the Prevention of Money Laundering Act (PMLA).
Rivian sues US government, seeks refund of Trump-era tariffs
American electric vehicle (EV) manufacturer Rivian has filed a lawsuit against the US government, demanding a "full refund" of tariffs paid under President Donald Trump's "Liberation Day" taxes.
Trump vows to investigate EU fines levied against US companies
US President Donald Trump has announced plans to investigate the European Union's (EU) fines on American tech giants like Apple, Google, and Meta.
Apple, Micron clash before Trump over Chinese chip suppliers
Apple is facing resistance from Micron, the only sizable US maker of memory chips, in its bid to use memory chips from Chinese suppliers.
45% of India's US exports will avoid new 10% tariff
The United States has placed India in a lower tariff bracket of 10% under its Section 301 measures, which are related to forced labor concerns.
IDFC First Bank's Q1 profit jumps 132.4% to ₹1,075cr
IDFC First Bank has announced its first-quarter financial results for FY27, ending June 30.
AU Bank's Q1 profit rises 37% YoY to ₹796cr
AU Small Finance Bank has reported a whopping 37% year-on-year (YoY) increase in its net profit for the first quarter of FY27.
PhonePe's revenue in FY26 rises 11% to ₹7,920cr
PhonePe, India's largest digital payments platform, reported an 11% rise in consolidated revenue for FY26, reaching ₹7,920 crore from ₹7,115 crore in FY25.
Samsung bags $200B chip supply deal from Broadcom
Samsung Electronics has bagged a massive contract worth over $200 billion from Broadcom.
India's forex reserves surge by $1.08B to $676.237B
India's foreign exchange reserves rose by $1.08 billion to touch $676.237 billion in the week ended July 17, data released by the Reserve Bank of India (RBI) has showed.
Why Trump has ordered Section 301 investigation into EU
US President Donald Trump has slammed the European Union (EU) for imposing an €890 million ($1 billion) fine on Google.
Defense giant Anduril eyes $100B valuation in new funding
Anduril, a leading player in the defense tech sector, is reportedly in talks to raise new capital at a whopping $100 billion valuation.
SBI Cards Q1 results: Net profit rises 19.5% to ₹664cr
SBI Cards and Payment Services Ltd, India's leading pure-play credit card issuer, has reported a 19.5% year-on-year rise in net profit for the first quarter of FY27.
Why Trip.com has been fined $770M in China
China's market regulator has slapped a massive penalty of CNY 5.2 billion ($770 million) on Trip.com Group for abusing its dominant position in the country's online hotel-booking market.
Sam Altman's World start-up raises $52.5M via crypto sale
World, the online verification start-up co-founded by OpenAI's Sam Altman, has raised $52.5 million through a crypto token sale.
Volkswagen engineers charged with $300,000 insider trading scheme
The US Department of Justice has charged two Volkswagen engineers, Michael Stamp and Marcus Plank, with securities fraud.
LinkedIn co-founder's AI start-up to raise funds at $1B valuation
Prentis, a new artificial intelligence (AI) research lab focused on computer use models, is in talks to raise $100 million at a valuation of $1 billion.
Paramount's $110B merger with Warner Bros paused until June 2027
Paramount Skydance has agreed to pause its $110 billion acquisition of Warner Bros. Discovery, until a court rules on a lawsuit filed by 12 US states challenging the deal or until June 1, 2027.