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NVIDIA's chipmaking rival Groq to raise $600M at $6B valuation
AI chip start-up Groq is in advanced talks to raise $600 million at a valuation of nearly $6 billion, Bloomberg has reported.
Trump threatens India with 25% tariffs as trade deal stalls
US President Donald Trump has warned that India could be slapped with tariffs as high as 25% if a trade deal is not finalized this week.
NSDL IPO opens with GMP at 16%: Should you bid?
The National Securities Depository Limited (NSDL) has launched its initial public offering (IPO).
Spotify reports $99M loss in Q2 despite strong user growth
Spotify, the leading audio streaming platform, has reported a net loss of €86 million ($99.5 million) in the second quarter of 2025.
Apple loses fourth AI expert to Meta within a month
Apple has suffered another blow to its artificial intelligence (AI) ambitions, with the departure of Bowen Zhang, a key multimodal AI researcher.
Tesla signs $4.3B battery supply deal with LG Energy
LG Energy Solution (LGES), a leading South Korean battery manufacturer, has signed a massive $4.3 billion contract with Tesla.
India's economy to grow at 6.4% in FY26: IMF
The International Monetary Fund (IMF) has revised India's economic growth forecast for the financial year 2025-26 to 6.4%, an upward revision of 20 basis points from its April 2025 projection.
L&T reports 30% jump in Q1 profit to ₹3,617cr
Infrastructure giant Larsen & Toubro (L&T) has reported a 29.9% year-on-year jump in its net profit for the first quarter ending June 30, 2025.
Bank of India's Q1 results: Profit surges 32% to ₹2,252cr
Bank of India has reported a 32.2% year-on-year (YoY) increase in its consolidated net profit for the June quarter.
Boeing posts smaller Q2 loss as jet production ramps up
Boeing has posted a smaller second-quarter loss, thanks to an increase in jet production and deliveries.
EV cab start-up BluSmart has entered insolvency in India
Indian electric cab start-up BluSmart has entered insolvency, according to an order from the company law tribunal in the country.
You can now get loans, credit cards via Vodafone Idea
Vodafone Idea has launched a new service called Vi Finance on the Vi App.
TCS layoffs: NASSCOM warns of workforce restructuring in IT sector
The National Association of Software and Service Companies (NASSCOM) has warned of potential workforce rationalization in the IT sector.
This company offers staff 30-minute masturbation breaks daily. Say what!
A Stockholm-based adult entertainment firm, Erika Lust Films, has made headlines for introducing a unique workplace policy: a daily 30-minute masturbation break.
NSDL IPO opens tomorrow: Should you subscribe?
The Initial Public Offering (IPO) of National Securities Depository Limited (NSDL) will open for subscription on July 30.
Aviation complaints in India surge—match 2024's total in 6 months
The Indian aviation sector is experiencing significant challenges, with passenger complaints and technical aircraft issues on the rise.
NSE's Q1 FY26 net profit jumps 10% to ₹2,924cr
The National Stock Exchange (NSE) has announced its financial results for the June quarter i.e. Q1 FY26.
Zomato parent Eternal's headcount doubles to almost 16,400 in FY25
Eternal, the parent firm of Zomato and Blinkit, has seen its employee count more than double to 16,375 in FY25.
Income tax code for influencers announced: What changes for them?
The Income Tax Department has introduced a new profession code, 16021, specifically for social media influencers. This is the first time that the department has recognized this category separately.
Adani Power shares surge 3% as board mulls stock split
Adani Power, a leading company of the Adani Group, witnessed a surge in its share price by over 3% on Tuesday.
India beats China to become biggest smartphone supplier to US
India has surpassed China as the largest supplier of smartphones to the United States, a new report from research firm Canalys has revealed.
This Tata stock is up 7% today: What's the reason?
Tata Chemicals Ltd, a key player in the Tata Group, has witnessed a sharp rise in its share price.
Lenskart files papers with SEBI for ₹2,150cr IPO
Leading eyewear brand Lenskart has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Rupee hits 4-month low against US dollar: What's the reason?
The Indian rupee has hit a four-month low, reaching 86.8725 against the US dollar.
First-in-history: Apple is closing a retail store in China
In a major development, Apple has announced its first-ever retail store closure in China. The company will shut down its Parkland Mall store in Dalian City on August 9.
Meet Shailesh Jejurikar, new Indian-origin CEO of Procter & Gamble
Procter & Gamble (P&G), the multinational consumer goods corporation, has announced the appointment of Shailesh Jejurikar as its new Chief Executive Officer (CEO).
Coinbase in talks to acquire India's CoinDCX after $44M breach
Coinbase, a leading cryptocurrency exchange, is reportedly in advanced talks to acquire CoinDCX, one of India's largest crypto platforms.
These banks are offering up to 7.2% interest on FDs
As the Reserve Bank of India (RBI) continues to cut repo rates, many banks are following suit by lowering their interest rates on fixed deposits (FDs).
This fund turned ₹10,000/month SIP into ₹8.5L in 6 years
A monthly SIP of ₹10,000 in the Baroda BNP Paribas Overnight Fund over the last six years would have grown to around ₹8.53 lakh today.
Why 2 Adani projects have been canceled in Andhra Pradesh
The Andhra Pradesh government has terminated two pumped hydro storage power projects of Adani Green Energy Ltd (AGEL) at the company's request.
IndusInd Bank Q1 results: Net profit down 72% to ₹604cr
IndusInd Bank has reported a massive 72.18% year-on-year decline in its net profit for the June quarter (Q1 FY26).
You can soon use UPI for payments in the UK
India and the United Kingdom have signed a free trade agreement (FTA) that will allow citizens of both countries to use each other's fast payment systems.
SEBI planning to revamp IPO rules: What changes for companies?
The Securities and Exchange Board of India (SEBI) is mulling a major overhaul of its initial public offering (IPO) regulations.
First-in-history: India hits coal production milestone of 1B ton/year
India has achieved a major milestone by exceeding its coal production target of one billion ton (BT) per year for the first time in history.
Musk's Starlink can offer only 20L connections in India
Elon Musk's satellite communication services provider Starlink can only have 20 lakh connections in India, said Union Minister of State for Telecom, Dr. Pemmasani Chandra Sekhar.
UPI will work differently from August 1: Here's what changes
From August 1, the National Payments Corporation of India (NPCI) is making some backend rule changes to how Unified Payments Interface (UPI) works.
Bhavish Aggarwal's AI start-up fires 100+ in second layoff round
Ola founder Bhavish Aggarwal's AI start-up, Krutrim, has initiated a second round of layoffs, eliminating over 100 jobs, primarily in its linguistics division.
Adani Green's Q1 profit surges 60% to ₹713cr
Adani Green Energy, an Adani Group company, has reported a strong 60% year-on-year (YoY) growth in its consolidated net profit for the first quarter of FY26.
India Inc's revenue growth slows to 4-6% in Q1 FY26
India's corporate sector witnessed a slowdown in revenue growth, posting a modest increase of 4-6% year-on-year in the first quarter of fiscal 2026.
Indian airlines logged 183 technical issues in 2025 so far
Indian airlines have reported a total of 183 technical faults in their aircraft up to July 23 of this year.