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ITC Infotech becomes 1st adopter of Google Gemini enterprise platform
ITC Infotech partners with Google Cloud to deploy Gemini Enterprise, driving enterprise-wide agentic AI transformation and accelerating innovation across global industries.
Kospi plunges over 11% as SK Hynix reports weak results
South Korea's Kospi index tumbled over 11% Wednesday, triggering a trading halt as disappointing SK Hynix earnings intensified the AI-driven semiconductor stock selloff.
Jio adds 3.33 million active wireless users, nears 499 million
Reliance Jio added 3.33 million active wireless subscribers in June 2026, securing the highest growth among Indian telecom operators, according to TRAI data.
Oil jumps after US and Saudi Arabia airstrikes in Iraq
Crude oil futures surged as US and Saudi forces conducted precision strikes on Iran-backed targets in Iraq, escalating tensions and raising supply disruption concerns.
Rupee rises amid RBI moves to 95.72 per dollar
The Indian rupee opened 13 paise stronger at 95.72 against the US dollar on Wednesday, marking its third consecutive day of gains amid RBI interventions and fluctuating oil prices.
Netweb Technologies Q1 revenue ₹819.6cr and profit ₹85.3cr surge
Netweb Technologies reported a remarkable 181% jump in net profit to Rs 85.3 crore in Q1 FY26, driven by robust growth in its AI Systems segment contributing 62.29% of revenue.
Indian rupee rises to 95.72 after RBI intervention and inflows
The Indian rupee opened at 95.72 per US dollar, gaining 14 paise from its previous close of 95.86, supported by foreign inflows and RBI intervention for stability.
Reliance Industries revenue up 40.65% but net profit down 25.87%
Reliance Industries' standalone net sales rose 40.65% year-on-year to Rs 163,631 crore in June 2026, showcasing robust operational performance despite a decline in net profit.
Shree Balaji (Mala) Textiles expected to list with 80% jump
Shree Balaji (Mala) Textiles debuts on the BSE SME platform today, with a strong 80% Grey Market Premium (GMP) signaling robust investor enthusiasm and potential listing gains.
Sony temporarily shuts Kumamoto Technology Center after July 28 earthquake
Sony Semiconductor Solutions halted operations at its Kumamoto facility following a July 28 earthquake, with damage assessments currently underway.
Indian markets eye 24,000 as Iran tensions keep traders cautious
GIFT Nifty traded 130 points higher at 24,221.5 on July 29, signaling a gap-up opening for Nifty 50 despite geopolitical tensions and surging crude oil prices.
eBay and former executives pay $55.7 million to settle with Steiners
EBay and three former executives will pay $55.7 million to resolve a lawsuit over a bizarre harassment campaign targeting a Massachusetts couple critical of the company.
Sonos calls India priority market as home theater demand rises
Sonos is intensifying its focus on India as affluent consumers increasingly invest in high-end home theatre systems, driving strong demand for the brand's premium audio products.
Ardee Industries IPO priced ₹50-₹53 public can apply Aug 5-7
Ardee Industries has set its IPO price band at ₹50-₹53 per share, with subscriptions open from August 5 to August 7. Anchor investor allocation is scheduled for August 4.
KOSPI jumps 1.49% as Samsung Electronics fuels market rebound
South Korean shares rebounded on Wednesday as dip buying surged, driven by strong chipmaker earnings and optimism around U.S.-Iran talks, lifting the KOSPI index significantly.
WhatsApp adds browser audio and video calls in gradual rollout
WhatsApp now allows users to make audio and video calls directly from their web browser, enhancing convenience and flexibility for desktop and laptop users.
US retaliation against Iran sends oil over 4% near $87.50
Brent crude surged over 4% to $87.50 per barrel as Middle East tensions reignited fears of energy supply disruptions, reversing its sharp three-day decline since April 2020.
UCO Bank to raise $500 million using RBI concessional swap window
UCO Bank aims to raise $500 million via non-resident deposits and overseas borrowings, leveraging the RBI's concessional foreign currency funding window to lower costs.
Tata Communications, TTBS launch voice AI agents for Indian SMBs
Tata Communications and TTBS are leveraging hyper-personalised AI agents to empower India’s 60 million SMBs with enterprise-grade digital capabilities.
SK Hynix reports 557% operating profit surge but misses expectations
SK Hynix reported a 557% surge in operating profit and 257% revenue growth year-over-year, but both metrics fell short of analyst expectations, with shares reversing initial gains.
Ekart supplies over 1,000 dark stores to expand Flipkart Minutes
Ekart, Flipkart’s logistics arm, is leveraging a unified supply chain to excel in both quick commerce with 10-minute deliveries and traditional e-commerce with 2-day shipping.
Cyera to buy Oasis Security for $1B boosting AI security
Cyera has signed a $1 billion deal to acquire Oasis Security, aiming to enhance cybersecurity for the growing number of AI agents in enterprises.
APSEZ seeks about 63.9% stake in Associated British Ports group
Adani Ports is considering acquiring a 63.9% controlling stake in Associated British Ports, the UK’s largest port operator, to expand its global port network.
SK hynix posts 94 trillion won Q2 net profit surge
SK Hynix reported a staggering 1,242% year-on-year net profit increase in Q2, driven by soaring AI-driven demand for its high bandwidth memory chips.
OpenAI CEO Sam Altman urges temporary slowing of AI development
OpenAI CEO Sam Altman suggests pacing AI advancements to ensure societal readiness, citing a recent security breach and growing concerns over model safety and alignment.
Coursera invests $100 million in LearnVector and takes 1-third stake
Coursera co-founder Andrew Ng launched LearnVector, an AI-driven education startup, with $100 million backing from Coursera to upskill white-collar workers for the AI era.
Javier Medrano sues Tesla in Houston over FSD safety warnings
Javier Medrano, a former Tesla manager, alleges systemic safety failures in the company's Full Self-Driving testing program, citing dangerous staffing ratios and ignored warnings.
Air India to post over ₹1,200 cr Q1 FY2027 loss
Air India's provisional Q1FY27 loss has surpassed ₹1,200 crore, driven by soaring fuel costs and operational challenges like Pakistan's airspace closure.
Larry Ellison and family face $9.8B risk from Paramount deal
Larry Ellison and his family face a $9.8 billion liability if Paramount Skydance’s acquisition of Warner Bros. Discovery fails due to regulatory hurdles.
Unilever calls India central as HUL eyes high single-digit growth
Unilever CEO Fernando Fernandez reaffirmed the company's commitment to investing in India, citing its pivotal role in driving Unilever's growth over the next decade.
Pegasystems bets on outcome-based AI pricing to curb costs
Pegasystems is shifting to outcome-based pricing as enterprises prioritize cost control and ROI over deploying extensive AI agents, says CTO Don Schuerman.
Delhi HC orders winding up of Paytm Payments Bank
The Delhi High Court has ordered the closure of Paytm Payments Bank Limited (PPBL), a move initiated by the Reserve Bank of India (RBI) after the bank's failure to comply with regulatory norms.
How Musk lost nearly $500B in a month
Elon Musk's net worth has witnessed a massive decline in July, plummeting from about $1.32 trillion to some $832 billion.
India's factory output rises 7.3% in June on manufacturing boost
India's industrial output witnessed a significant jump, growing at a rate of 7.3% year-on-year in June 2026.
Flipkart opens Ekart logistics network to businesses across India
Ekart, the supply chain arm of Flipkart Group, has opened its pan-India logistics network for external businesses.
NPCI working with banks, UPI apps to strengthen user privacy
The National Payments Corporation of India (NPCI) is working with Unified Payments Interface (UPI) apps and partner banks to implement the Digital Personal Data Protection (DPDP) law, according to Moneycontrol.
Flipkart trims stake in Shadowfax
Flipkart has reduced its stake in Shadowfax Technologies Ltd, a logistics solution provider, to 1.52% after selling over 3.37 crore shares through an open market transaction on July 24, according to a stock exchange filing.
Google rivals seek billions in damages after $1B EU fine
Google is facing a new wave of costly lawsuits in Europe, after losing a key case under new EU legislation.
AMD to hire 4,500 employees in India
Advanced Micro Devices (AMD), a leading US-based semiconductor company, has announced plans to expand its workforce in India.
Swiggy appoints ex-Myntra chief Nandita Sinha as Instamart CEO
Swiggy has announced a major leadership change in its quick commerce business, Instamart.
Why IT stocks are rising as AI chip stocks fall
The Indian IT sector has shown resilience amid a global sell-off in chipmakers.
Chinese AI infrastructure supplier Zhongji Innolight raises $6.8B in IPO
Chinese optical components manufacturer, Zhongji Innolight, has raised HK$53.41 billion ($6.81 billion) through its Hong Kong listing.
Indo-MIM IPO allotment today: How to check status online
Indo-MIM's initial public offering (IPO) allotment is likely to be finalized today.
SpaceX loses $1.2 trillion in market value in post-IPO slump
SpaceX has witnessed a massive decline in its market capitalization, losing over $1.2 trillion since hitting a peak price of $225.64 in June.
X Money digital payments service launched in US
Elon Musk's social media platform, X, has launched a new feature called 'X Money.'
Netflix faces lawsuit over executive's firing after team retreat
Kevin Baillie, a former Vice President and Head of Creative at Eyeline Studios, Netflix's visual effects division, has filed a lawsuit against the company.
Johnson & Johnson settles talc cancer lawsuits for $5.5B
Johnson & Johnson (J&J) has agreed to a landmark settlement of $5.5 billion, resolving thousands of lawsuits linking its talc products with ovarian cancer.
South Korea's KOSPI crashes 8% as chip stocks tumble
South Korea's KOSPI index plummeted by nearly 8% on Tuesday, triggering a temporary suspension of program trading.
Air India, Modi government partner to promote Indian tourism globally
The Ministry of Tourism (MoT) has signed a Memorandum of Understanding (MoU) with Air India.
Why HDFC Bank has fined its CEO, CFO ₹1L each
HDFC Bank has imposed a fine of ₹1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, Chief Financial Officer Srinivasan Vaidyanathan, and Group Head-Retail Assets Arvind Vohra.
Why transfer of Ratan Tata's stocks to charity is delayed
The transfer of 3,368 Tata Sons shares owned by the late Ratan Tata to two charitable entities has been delayed.
Indians with ₹100cr+ income touches 5-year high, says Finance Ministry
The number of individuals declaring a gross total income (GTI) of ₹100 crore or more has hit a five-year high in India.
Why specialist deep-tech funds are now spawning in India
India's push for self-reliance in semiconductors, defense, space, and artificial intelligence (AI) is giving rise to a new breed of specialized deep-tech funds.
HCLTech will now cater to small businesses in India
HCL Technologies, India's third-largest IT services company, has launched a dedicated business unit for small and mid-sized companies.
Global IT spending to reach $6.37 trillion in 2026: Gartner
Global IT spending is projected to grow by 14.2% in 2026, reaching $6.37 trillion from $5.58 trillion in 2025, according to a recent report by Gartner.
Centre clears RBI proposal to test ₹10, ₹20 plastic banknotes
The Indian government has approved the Reserve Bank of India's (RBI) proposal to conduct field trials of polymer banknotes in the ₹10 and ₹20 denominations.
Shein swung to $99M loss in Q1. Reason? Donald Trump
Fast-fashion giant Shein, which is headquartered in Singapore but was founded in China, has reported a loss of $99 million in Q1 2026.
Apple negotiating lower prices for iPhone 18 Pro Max display
Apple is negotiating with its display suppliers to lower the prices of OLED panels for the upcoming iPhone 18 Pro Max.
Paytm users can now file ITRs via ClearTax for ₹11
Paytm has teamed up with ClearTax, a tax-filing platform, to provide online income tax return (ITR) filing services via its app.
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.
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.
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.
Deepinder Goyal's Temple doubles valuation to $375M in 5 months
Temple, a wearable tech start-up founded by Deepinder Goyal, the founder of Eternal, has launched an employee stock ownership plan (ESOP) liquidity program.
Why budget smartphones are struggling in India
India's smartphone market witnessed a major slowdown in the April-June quarter, with a 10% year-on-year (YoY) decline.
US appeals court blocks Trump's mail-in voting order
A federal appeals court has blocked President Donald Trump's executive order aimed at tightening mail-in voting rules in 23 states.
Why India's shipping costs are rising despite falling oil prices
Despite a decline in oil prices, India's shipping industry is still facing high freight costs.
Indian government bonds see rally today: What's the reason?
Indian government bonds witnessed a major rally at the start of the week today, recovering from last week's losses.
Can INR strengthen to 95/$ 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.
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.
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.
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.
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.
Why gold and silver prices are rallying today
Gold prices rose on Monday, buoyed by a weaker US dollar and lower Treasury yields.