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Shares of South Korea's Hanwha Ocean plunged about 23% Tuesday, after the company lost its bid to build Canada's next fleet of submarines. Canadian Prime Minister Mark Carney announced Monday that Germany's Thyssenkrupp Marine Systems, or TKMS, would be the preferred supplier for

Samsung Electronics has projected a 19-fold jump in second-quarter operating profit, comfortably beating market expectations. The company also expects record revenue, driven by robust demand for memory chips used in artificial intelligence (AI) applications. The results mark Sams

Waterways Leisure Tourism share price jumped nearly 6% on Tuesday, 7 July after the company announced that its board will meet on 10 July, to consider a proposal for the sub-division (stock split) of its equity shares. In an exchange filing on Monday, the operator of Cordelia Cru

The company stated that execution will take 20 months from the date of receipt. It said the contract agreement will be signed after due diligence by both parties. The order will be added to RITES' order book following execution of the agreement. On July 1, RITES announced it had

The inclusion could provide another boost to investors, with JP Morgan estimating it may trigger about $4.3 billion in passive inflows, according to a Reuters report. Companies added to the Nasdaq-100 often see a boost in their share price as index-tracking ETFs and mutual funds

Aequs deserves a valuation premium above pharma CDMOs, as unlike molecules, aircraft programmes never expire, Nuvama said in its latest report, calling the company a sector outperformer. The shares of the company surged 4% on Tuesday morning. The brokerage noted that Aequs is Ind

Onpoint, a consumer rewards platform, has raised $600k in a pre-seed funding round co-led by First Cheque, an entity under IndiaQuotient, and Whiteboard Capital. The round also saw participation from several angel investors, including former directors from Meta and Google, as wel

Apollo Hospital Enterprises share price jumped around 0.6% to its record high of ₹8,948.10 following broader gains on Dalal Street. After hitting a new peak, the stock, however, declined 1.1% to its day's low of ₹8,842.25 on BSE. Meanwhile, Indian stock market benchmarks Nifty 50

Fans react to US World Cup loss after red card drama Fans react to US World Cup loss after red card dramaClose The BBC's Nada Tawfik spoke to US fans after the FIFA World Cup hosts were knocked out of the tournament. Their loss to Belgium followed controversy after US Presiden

A shambolic end for the American dream - did Balogun saga play a part? - Published It all started with the usual razzmatazz that has come to be seen at United States' World Cup games - a boisterous and patriotic fanbase, fireworks, smoke flares and a military flyover. But the Ame

MI5 knew agent was misogynist 'obsessed' with violence, watchdog finds - Published A secret inquiry by MI5's watchdog concluded the security service knew an abusive agent it defended in court was a misogynist who was "obsessed" with violence, the BBC can reveal. The inquiry took

Chinese-built AI models are gaining traction among U.S. companies as they narrow the performance gap with leading American rivals while remaining significantly cheaper to use. Recent model releases from Chinese companies, including DeepSeek and Z.ai, are seen by many as highly co

Chinese-built AI models are gaining traction among U.S. companies as they narrow the performance gap with leading American rivals while remaining significantly cheaper to use. Recent model releases from Chinese companies, including DeepSeek and Z.ai, are seen by many as highly co

In the past 24 hours, Bitcoin slipped marginally by 0.2% and Ethereum was down 0.5% to trade at $1,770 mark. Among the major altcoins, BNB, XRP, Hyperliquid, Dogecoin, and Cardano fell up to 4% whereas Solana and Tron were up 0.1% and 0.4%. Also Read |NFO Insight: Can AlphaGrep's

Teja Engineering Industries IPO listing: Shares of Teja Engineering Industries made a stellar debut on the NSE SME on Tuesday, 7 July, in an otherwise lacklustre market.Teja Engineering Industries' share price opened at ₹418 on the NSE, a premium of 90% over the issue price of ₹2

The independent review, commissioned by the Financial Conduct Authority (FCA), was led by the regulator's Executive Director, Sheldon Mills. The report recommends that the FCA assess over the next three to six months whether the regulatory perimeter should be expanded to cover AI

Power Grid Corporation of India, the state-run electric power transmission company, said it has secured a loan of 80 billion yen (JPY) from the Japan Bank for International Cooperation. The company said it signed the loan agreement on June 17, PTI reported. The facility is intend

Cult.fit has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The proposed IPO comprises a fresh issue of up to ₹950 crore worth of equity shares and an offer-for-sale (OFS) of up to

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Global multi stage venture capital firm B Capital has closed its third early stage fund at $500 million, as it looks to back young companies building around artificial intelligence (AI) and other frontier technologies. Founded in 2015 by Eduardo Saverin, Ravi Ganguly, and Howard

While analysts screamed ‘Buy’ on Vedanta Aluminium shares after the debut, the smallcap counter of Vedanta Iron and Steel quietly began to surge. The sharp rally in Vedanta Iron and Steel shares intensified after Azim Premji-backed Premji Invest’s PI Opportunities AIF V LLP bough

Titan Q1 business update: Titan Company shares climbed nearly 4% to hit a record high of ₹4,655.90 after the Tata Group company, which is also part of Rekha Jhunjhunwala portfolio, reported a stronger-than-expected business update for the June quarter. The robust operational perf

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The divergence in performance has been striking. Vedanta Power has gained 9% from its listing price of Rs 42, Vedanta Iron & Steel has surged 84% from Rs 22, while Vedanta Oil & Gas has advanced 10% from its listing price of Rs 39. Decoding the fall The sharp decline in Vedanta A

Fitness and wellness platform Cult.fit has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The issue comprises a fresh issue of equity shares worth up to Rs 950 crore and an Offer

Indian fitness platforms operator Cult.fit Ltd has filed preliminary papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) comprising up to ₹950 crore in newly issued shares and an offer-for-sale (OFS) component. The OFS, by a clutch o

Listen to this article in summarized format Kalyan Jewellers said consolidated revenue grew around 38% YoY for the June-ended quarter, supported by healthy consumer demand. Revenue from its India business also rose over 38%, with same-store sales growth of around 28%, despite the

Seemax Resources IPO Listing: Seemax Resources share price made a muted debut in the Indian stock market today, July 7, as it got listed at ₹112.80 apiece on BSE SME, a discount of 20% over its initial public offering (IPO) price of ₹141. The listing underperformed Street expecta

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The stock's sharp slide comes after it rallied 23% in the past month and 50% since its March 2026 lows as investors bet on an acceleration in revenue growth from the 20% YoY pace seen in Q4 of FY26. Instead, the print showed growth decelerating, triggering the sell-off. The numbe

Atharva Polyplast IPO listing: Atharva Polyplast share price made a strong listing in the Indian stock market on Tuesday, 7 July. The shares of Atharva Polyplast listed at 15% premium over the IPO price of ₹60. Atharva Polyplast share price opened at ₹69 apiece on BSE SME. This m

Forex traders said lower Middle East risk premium and higher traffic from the Strait of Hormuz kept the oil prices lower. At the interbank foreign exchange market the rupee opened at 95.33 and later touched 95.28 against the American currency, registering a gain of 15 paise from

Zelensky to press Nato for air defence systems after intense Russian strikes - Published Ukraine's president plans to use the Nato meeting in Turkey to urge Kyiv's allies to deliver the air defence systems it urgently needs to protect it from escalating Russian attacks. Volodymyr

Kalyan Jewellers share price crashed almost 9% in morning trade on the BSE on Tuesday, 7 July, after the company announced its Q1FY27 business updates, reporting a consolidated revenue growth of approximately 38% for the quarter. The jewellery stock opened at ₹364.45 against its

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1/5 Selling Pressure Mounts On July 6, the closing prices of four stocks from Nifty500 dropped over 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data. When

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Listen to this article in summarized format Information technology stocks, including semiconductor and hardware companies, emerged as the most net-sold sector among US equities during the week ended July 3. The selling comes after technology shares, particularly chipmakers, drove

RITES share price jumped over 8% in early trade on Tuesday, after the company bagged an export order. The PSU railway stock rallied as much as 8.19% to ₹233.65 apiece on the BSE. The state-run Navratna company said it received an acceptance of its offer from Volantis Asset Financ

On July 6, the closing prices of four stocks in the Nifty500 pack rallied over 1.5% relative to their VWAP (Volume Weighted Average Price). A shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.When the closing price rises abo

Listen to this article in summarized format The initiatives are aimed at building a more comprehensive gold trading ecosystem by strengthening the city's infrastructure for trading, clearing and settlement. According to Reuters, Hong Kong Chief Executive John Lee said the governm

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China's relatively stable performance during the recent Iran conflict and the ongoing artificial intelligence-driven rally in global equities has prompted investors to reconsider its role in global portfolios. Analysts say Chinese markets are becoming less influenced by tradition

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Listen to this article in summarized format Analysts say the answer is not that gold has stopped being a safe haven. The rally had simply become too sharp. Gold gained nearly 25-30% over the past year as investors looked for protection from inflation, geopolitical risks and uncer

Sensex rose more than 150 points, while Nifty 50 was above 24,450 during Tuesday's session. Broader markets also opened in the green, with Nifty Midcap 100 and Nifty Smallcap 100 indices gaining around 0.2% each. Eternal and HDFC Bank shares were the top gainers on the Sensex, ri