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Taiwan's second-largest contract chipmaker, United Microelectronics Corporation (UMC), announced Tuesday its first mass-produced silicon photonics wafers manufactured within its Singapore facility. UMC is aiming to address the growing demand for high-speed optical interconnects i

Taiwan's second-largest contract chipmaker, United Microelectronics Corporation (UMC), announced Tuesday its first mass-produced silicon photonics wafers manufactured within its Singapore facility. UMC is aiming to address the growing demand for high-speed optical interconnects i

The stock climbed to Rs 531 apiece, taking the jewellery retailer's market capitalisation to over Rs 54,800 crore. The sharp rally, which has added nearly one-third to the company's market value, was sparked by its stronger-than-expected Q1 business update released last week. Kal

Who will win the World Cup? The view from the semi-finalists - Published The World Cup is now at the business end. One of France, Spain, Argentina or England will be crowned world champions on Sunday in New York. But who will it be? Is France against Spain on Tuesday in the semis

The initial public offering (IPO) of State Bank of India’s (SBI) subsidiary, SBI Funds Management Ltd, opened for public subscription on Tuesday, aiming to raise nearly ₹10,000 crore from the primary market. SBI Funds Management IPO price band is set at ₹545 - ₹574 per share, and

The benchmark CSI 300 index fell 0.4% by the midday break, while the Shanghai Composite Index dropped 0.7%, with both indices touching their weakest levels since early April. Hong Kong's Hang Seng Index also slipped 0.5%. Focus shifts to China GDP data Investor attention is now f

The dollar has been buoyed by rising U.S. real interest rates following stronger inflation readings and the appointment of Kevin Warsh as Federal Reserve chair, reinforcing expectations that the central bank will maintain a hawkish policy stance. Reuters reported that the shift h

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Happy Steels IPO, which opened for public subscription on Thursday, 9 July, and closed on Monday, 13 July, concluded with a healthy subscription of nearly 78 times. With the subscription period over, Happy Steels IPO share allotment is expected to be finalised on Tuesday, 14 July

Gang feud ended with 'resolution of differences' between rivals - police - Published Police have revealed that a violent gangland feud spanning six months came to an end through dozens of arrests and a "resolution of differences" between rival groups. The trouble began in Edinbur

Challenger v champion as Spain face France for place in final - Published France and Spain will renew one of the most tantalising international rivalries in Dallas on Tuesday, with a place in the World Cup final at stake. 2018 champions France are aiming to reach a third successi

Chris Mason: Investigation into Widdecombe's death rekindles debate over how to protect politicians - Published There is a depressing familiarity to the conversation among MPs about their safety. It is a topic those on all sides will regularly reflect on in private, given the day

Listen to this article in summarized format The IPO comprises a fresh issue of 94 lakh equity shares worth Rs 400 crore and an offer for sale (OFS) of 12 lakh crore shares aggregating to Rs 50 crore. The OFS includes shares being sold by promoters Mohit Satishkumar Chadda, Anuj K

Biocon shares jumped more than 6% to trade at Rs 436.15 apiece on Tuesday. If the stock manages to hold on to the gains till the end of the session, then today would mark its best day since January, 2025. Mylan, which is part of global healthcare company Viatris, planned to sell

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The KOSPI has fallen about 25% from its record closing high of 9,114.55 reached in late June and was trading below the 7,000 mark on Tuesday, officially placing the benchmark in bear market territory. Despite the sharp correction, the index remains the world's best-performing maj

The Supreme Court on Monday upheld the Securities and Exchange Board of India's (SEBI) findings and penalties against Kotak Mahindra Asset Management Company (AMC), its trustee company, Managing Director Nilesh Shah and five other senior executives in a case involving alleged vio

How US commerce secretary's Epstein links were uncovered by British whistleblower - Published A British man has told the BBC how he unearthed evidence indicating that his former employer, Howard Lutnick - now US commerce secretary - failed to disclose a business relationship with

Higher-for-longer interest rates were once heralded as an attractive yield driver for private credit investors, but industry professionals say tighter monetary policy is becoming the sector's next major stress point. Global central banks are grappling with renewed inflation press

In its semi-annual economic policy plans, the finance ministry projected the economy to expand 3.0% this year, sharply higher than its previous estimate of 2.0% and an improvement from last year's 1.1% growth. The revised forecast marks the strongest annual expansion since 2021,

President Donald Trump's plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus, especially if renewed fighting shuts the key waterway again. Analysts said the proposed levy matters less for its direct cost than for what it si

The Centre is considering a common regulatory framework for usernames across messaging platforms such as WhatsApp, Telegram and Signal, The Economic Times reported on Tuesday. The move comes weeks after the government asked WhatsApp to pause the rollout of its username feature wh

Avendus Future Leaders Fund (FLF) III has invested around Rs 140 crore in Parag Parikh Financial Advisory Services (PPFAS) through a secondary transaction. The investment involved the acquisition of promoter shares from Neil Parag Parikh, Chairman and CEO of PPFAS, and Khushboo J

Stock market today: Indian benchmark indices traded lower on Tuesday as escalating tensions in the Middle East drove crude oil prices higher, raising concerns over inflation and the economic impact on India, the world's third-largest oil importer. The US military carried out a th

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Nuvoco Vistas said volume growth of 5% on-year reflects resilient execution despite a challenging operating environment. Further, sustained cost discipline and operational efficiencies supported 7% YoY EBITDA growth, marking the company’s strongest first quarter EBITDA performanc

Kospi dropped to 6,448.86 on Tuesday morning, marking a more than 31% crash from its June peak of 9,386. The benchmark index has now crashed nearly 14% in just two days, and is currently in bear market territory. The recent selloff in South Korea’s stock market comes after a skyr

'New twist in killer hunt' and 'One of a kind Ann' - Published Most of the front pages lead on counter terrorism police taking over the investigation into the death of Ann Widdecombe. The Times says the "about-turn" was the result of material found at the suspect's house , extern

Data released by China's customs authority on Tuesday showed exports rose 27% year-on-year in U.S. dollar terms in June, significantly outpacing the 19.4% increase recorded in May. The reading also exceeded economists' expectations of an 18.2% rise, according to a Reuters poll. I

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Venture capital firm Elevation Capital has closed its ninth India-focused fund at $500 million, with a focus on backing early-stage startups building AI-led products and applications. The new fund will invest primarily in seed and Series A startups, particularly those building on

The Indian stock market traded lower in morning trade on Tuesday, 14 July, due to a combination of factors, including geopolitical tensions and rising crude oil prices. Equity benchmark Sensex dropped more than 600 points to an intraday low of 77,001, while the Nifty 50 fell belo

As of July 13, nine stocks in the NSE F&O segment witnessed a notable surge in futures open interest, with each recording an increase of more than 7% over the previous trading session. A sharp rise in futures open interest indicates a significant increase in the number of active,

Domestic brokerage firm Axis Securities has pegged the Nifty target for December 2026 at 27,220, an upside of 12.5% from current levels. It says the Indian economy remains well-positioned for sustained growth, acting as a relative safe haven amid global economic volatility. Here

In the domestic market, MCX silver futures for September 2026 delivery were up Rs 615 to Rs 2,18,333 per kg. Gold futures for August 2026 delivery rose by Rs 691 to Rs 1,41,000 per 10 grams. In the previous session, gold edged 0.20% lower, while silver slipped 0.15%. Investors ar

The company's shares are scheduled to make their stock market debut on July 16, 2026, on both the NSE and BSE. The IPO, which was open for subscription from July 9 to July 13, witnessed an enthusiastic response from investors, receiving an overall subscription of 38.94 times. Ins

State Bank of India (SBI) share price fell 1.62% on NSE in Tuesday's trading session as SBI Funds Management IPO opened for subscription today, 14 July. SBI shares opened at ₹1,033.30 today, as compared to previous close of ₹1,037 on Monday. The stock touched an intraday low of ₹

The company on Monday released its results for the April-June quarter of the ongoing financial year 2027. Revenue from operations meanwhile increased 18% YoY to Rs 1,564 crore in the quarter under review. Its mutual fund assets under management (AUM) rose around 11% YoY to Rs 82.

Revenue from operations for the June quarter increased 13% YoY to Rs 34,579 crore, compared with Rs 30,349 crore in the corresponding quarter last year. The company retained its FY27 constant currency guidance. It expects overall revenue growth of 1-4% YoY in constant currency, s