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Shares of AI cloud infrastructure providers Nebius and CoreWeave came under heavy selling pressure after reports suggested Meta Platforms is planning to launch a commercial AI cloud business. Investors fear the social media giant could become a powerful new competitor in the fast

"The IT sector has been on a one-way downswing for almost the last year, and over the last three-four years it has gone nowhere. Valuations for TCS and Infosys have come down, so they present opportunities for value investors. But I see this more as a trading sector... we could m

Venezuela quake survivor pulled out alive after eight days - Published A man has been rescued alive after being trapped for eight days in the rubble of a building that collapsed after twin earthquakes in Venezuela. Emergency workers managed to free Hernán Gil more than 100 hours

Teja Engineering Industries IPO Allotment: The initial public offering (IPO) of Teja Engineering Industries received decent investor participation, and the focus has now shifted to the IPO allotment, which is expected to be finalised today, July 3. The SME IPO was open for subscr

Listen to this article in summarized format According to a CNBC-TV18 report, the deal, involving 2.37% of the company's equity capital and valued at up to Rs 1,740 crore, was executed at a floor price of Rs 1,601 per share. The floor price represented a discount of nearly 5% to T

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MOST POPULAR AI - AI and ML Nvidia floats double-dipping datacenter financing scheme What's better than getting paid once? Getting paid twice of course - AI and ML Companies that add more AI also add more people But doing so doesn't necessarily meet business needs - ai and ml Sof

Speaking to ET Now, Yardeni said investors have largely adjusted to the prospect of higher interest rates and are increasingly focusing on broader market fundamentals. Fed No Longer the Market's Biggest Driver Yardeni believes the Federal Reserve has adopted a hawkish stance foll

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The lender is preparing to raise the overseas funds in the coming weeks under the so-called Global Medium-Term Note program, a dedicated debt issuance route, said the people who asked not to be identified because discussions are private. The proposed transaction would mark ICICI

Hindustan Zinc shares jumped over 3% to trade at Rs 544.80 apiece on NSE on Friday morning. This is the highest level seen by the stock in more than a week. Dollar tumbles The US dollar slipped towards what may be its biggest weekly loss since April on Friday after weaker-than-ex

Kratikal Tech IPO share allotment: After a bumper subscription of its initial public offering (IPO), cybersecurity solutions provider Kratikal Tech is expected to finalise the share allotment on Friday, 3 July. Kratikal Tech stock is expected to list on the BSE SME on Tuesday, 7

The Indian stock market staged a recovery in the month of June as decline in geopolitical risks following the de-escalation of tensions in West Asia, coupled with a sharp correction in crude oil prices, encouraged investors to gradually rebuild equity exposure. The Nifty 50 index

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Listen to this article in summarized format The contract is for the comprehensive operations and maintenance (O&M) of Vedanta Aluminium Metal's 1,215 MW captive power plant. According to the company, the domestic contract will remain in force for five years from August 1, 2026. T

Iran begins public mourning for Ayatollah killed in February - Published Iran has begun several days of public mourning and funeral processions for its former Supreme Leader, Ayatollah Ali Khamenei, more than four months after he was killed in strikes launched by the US and Israe

Gold futures with August expiry on the Multi Commodity Exchange of India (MCX) gained around Rs 2,288 per 10 grams, or nearly 2%, hitting the day’s high at Rs 1,48,046 per 10 grams. The contracts with October expiry comfortably soared above Rs 1.5 lakh per 10 grams. Gold hit its

PB Fintech share price plunged more than 8% on Friday, 3 July, after a block deal worth around ₹1,741 crore saw 2.37% of the company's equity change hands. The transaction follows reports that Singapore's sovereign wealth fund Temasek Holdings was planning to reduce its stake in

US market holiday today: US stock markets will remain closed on Friday, July 3, in observance of the Independence Day holiday, as July 4 falls on a Saturday this year. Trading in equities and bonds will resume on Monday, July 6. The closure applies to major US stock exchanges, in

The dividend is to be paid out of the retained earnings of the company and shall be paid on and from July 30, 2026, along with the final dividend for the financial year 2025-26, according to a filing with the exchange. Also Read | Functional & Innovative Foods files DRHP with Seb

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Narendra Solanki from Anand Rathi Shares & Stock Brokers believes the upcoming results will largely reinforce the strength of domestic-facing sectors, while export-oriented industries like IT may continue to face pressure. IT Likely to Remain Under Pressure The IT sector is expec

The rupee was at 95.27, up 0.1% from its previous close and tracking modest gains across most Asian currencies after softer-than-anticipated U.S. payroll growth data eased expectations of rate increases in the United States. The dollar index eased 0.2% to 100.7, with traders in t

APL Apollo Tubes Ltd began the new financial year on a sombre note. The structural steel tubes company recently released its June quarter (Q1FY27) business update, with volumes falling 6% year-on-year and 19% sequentially to 744,823 tonnes—well below the 875,000-tonne guidance gi

The decline has been significant over the years. A one-year fixed deposit that offered nearly 8.5% in 2015 now fetches around 6.9%, reducing real returns after taxes and inflation. As yields soften, investors are increasingly looking beyond conventional deposits to government sec

Gannet colonies could take 15 years to recover from bird flu - Published Gannet populations at two of the world's largest colonies are not expected to recover from the impact of 2022's bird flu outbreak for almost two decades. A new study from the RSPB said seabirds on Bass Rock,

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Seemax Resources IPO share allotment is expected to be finalised on Friday, 3 July. The SME IPO opened on Tuesday, 30 June, and concluded on Thursday, 2 July, with an overall subscription of nearly 4 times. Seemax Resources IPO was a fresh issue of 14,00,000 shares. With a price

Kusumgar IPO price band: The Kusumgar Limited IPO price band has been fixed in the range of ₹398 to ₹419 per equity share of the face value of Re 1. The Kusumgar IPO date of subscription is scheduled for Wednesday, 8 July and will close on Friday, 10 July. The allocation to ancho

Emami-owned men’s grooming and personal care brand The Man Company reported modest topline growth during the fiscal year ended March 2026. At the same time, higher spending weighed on its bottom line, resulting in a 48.7% increase in its losses. The Man Company’s revenue from ope

I was 'slam dunk' for SNP leadership until revealing gay marriage views - Forbes - Published Former SNP minister Kate Forbes has claimed that she was viewed as a "slam dunk" for the party leadership until she revealed her views on gay marriage. The ex-deputy first minister was na

Tesla reported its Q2 2026 results with strong vehicle deliveries that exceeded market expectations. Despite the operational beat, the stock moved lower as investors focused more on future growth expectations rather than current performance. (Sources: CNBC, MSN, Yahoo Finance) Te

The shares of Union Bank of India slipped 5% to their day’s low of Rs 161.65 on Friday after the company reported its business update for the June 2026 quarter. According to a filing with the exchange on Thursday, the bank reported 7.46% growth in its global business to Rs 23.79

The Indian government has widened its scrutiny of username-based messaging by issuing notices to Telegram and Signal, days after directing WhatsApp to pause the rollout of its username feature in India. According to a Reuters report, the Ministry of Electronics and Information Te

I started selling clothes from my nana's house - now I'm turning over £10m - Published Olivia always loved fashion, but never imagined a side hustle from her grandmother's house would grow into a brand turning over £10m. That brand, Murci, has since featured on TV show Love Islan

Listen to this article in summarized format Investor sentiment remains upbeat. In the grey market, Knack Packaging shares are trading at a premium of around 17% over the upper end of the price band, suggesting the potential for a healthy listing gain if current trends continue. T

How millions will have eaten takeaway 'lamb' kebabs made of goat meat and skin - Published Millions of people are likely to have eaten takeaway kebabs made with goat, skin and fat when they thought they were buying lamb meat, in a fraud that investigators have compared to the 201

Auto sector shows resilience The latest automobile sales numbers have reinforced confidence in the sector, even as several auto stocks have underperformed the broader market this year. Raheja said concerns over higher crude oil prices and inflation have not materially affected de

Among the demerged entities, Vedanta Power led the losses, falling 8% to Rs 44.82 on the BSE, while Vedanta Oil & Gas dropped 7% to Rs 41.34. Vedanta Iron & Steel slipped 4% to Rs 40.84, snapping a 13-session rally during which the stock had surged 113%. In contrast, Vedanta Alum

'World cup pubs boost' and 'Kate holds court' - Published Several papers lead on the decision to extend pub opening hours on Monday morning until 0500 for England's World Cup clash against Mexico. "Mexican rave" declares the Daily Mirror, external on its front page. The Daily Mai

Security researchers have confirmed that a European politician had his phone hacked with the Pegasus spyware while serving on an investigatory committee probing abuses of the notorious surveillance tool. This has reigniting fresh controversy over governments abusing spyware to co

Listen to this article in summarized format Hitachi Energy India shares tumbled nearly 8% to Rs 31,150 apiece, while GE Vernova T&D India slumped around 10% to Rs 4,361. Siemens Energy India declined over 6%, CG Power and Industrial Solutions fell more than 7%, and Cummins India

Hosepipe ban for Hampshire and Isle of Wight - Published A hosepipe ban is being introduced for about one million customers across Hampshire and the Isle of Wight for a second year in a row. Southern Water said the restriction would come into force on 10 July but is requesting cu

Crazy Snacks IPO Listing: Crazy Snacks share price made a strong debut in the Indian stock market on July 3, listing at ₹44 apiece on the BSE SME platform, a premium of 4.7% over its issue price of ₹42. Following a positive listing, the stock extended gains to hit its day's high