In a move that has electrified global semiconductor markets, Samsung Electronics has reportedly signed a highly confidential chip-supply agreement worth $16.5 billion. The undisclosed deal — believed to be one of the largest in recent history — triggered a significant rally in Samsung shares, pushing the stock to its highest level in over four weeks….
Laurus Labs Ltd witnessed a sharp 7% rise in its share price on the stock exchanges after the pharmaceutical major posted strong Q1 FY26 earnings and confirmed that the Andhra Pradesh government has allotted over 500 acres of land to the company for expansion. This twin announcement has invigorated investor sentiment and positioned the Hyderabad-based…
In a significant career move that underscores the growing intersections between technology, retail, and finance, Flipkart’s Vice President Smrithi Ravichandran is reportedly set to join the prominent private equity firm Multiples. This development marks a pivotal transition for one of India’s most accomplished e-commerce leaders and reflects the broader talent migration from tech-driven consumer companies…
In a significant advisory amid ongoing global trade negotiations, the Global Trade Research Initiative (GTRI) has urged India to exercise greater caution while dealing with potential trade agreements with the United States. According to the think tank, India must take a strategic cue from countries like Vietnam and Japan, which seek explicit written assurances from…
In what is shaping up to be one of the most anticipated initial public offerings of 2025, National Securities Depository Limited (NSDL) is set to open its IPO on July 30, and grey market premium (GMP) trends indicate heightened investor enthusiasm. As India’s largest depository by active demat accounts, NSDL’s IPO launch comes at a…
CarTrade Tech, India’s prominent online auto classifieds and mobility services platform, has announced its consolidated financial results for the first quarter of fiscal year 2025-26 (Q1 FY26), revealing a notable surge in net profit and a stable operational performance driven by strong digital adoption, increased vehicle transactions, and a diversified revenue model. The company posted…
In a significant development in the long-running Adjusted Gross Revenue (AGR) case, the Department of Telecommunications (DoT) has issued a fresh demand notice of ₹7,827 crore to Tata Communications, seeking payment of dues under the expanded definition of AGR as upheld by the Supreme Court in 2019. The demand has sparked a fresh legal and…
In a remarkable feat for the Indian real estate sector, County Group has successfully sold 500 luxury flats in its Ghaziabad residential project, raking in a staggering ₹1,600 crore. The announcement has sent ripples across NCR’s property market, highlighting a renewed demand for premium housing in Tier-I suburban cities like Ghaziabad. The sale, seen as…
In a significant advancement in the practical application of artificial intelligence, Perplexity AI has launched a new capability within its cutting-edge AI agent, Comet, allowing users to order food through conversational prompts. CEO Aravind Srinivas unveiled the development in an exclusive statement, asserting that the move will redefine how people interact with commerce platforms using…
In a bold strategic shift signaling a new era for one of the world’s largest semiconductor companies, Intel Corporation has announced the separation of its networking unit as part of a broader overhaul led by its newly appointed Chief Executive Officer, Frank Tan. The move comes amid intensifying global competition in chipmaking and growing investor…
