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In the mid-’90s, the web was exploding, but finding anything of actual value on it felt like an elaborate negotiation with whatever proto-search engine happened to be standing closest to the door. Unlike now, when Google is widely seen as both portal and gatekeeper, sites like Al

Elon Musk's massive Terafab chip-making facility starts to take shape — 100 million square feet of manufacturing space and $16.8B initial capital investment Plans are starting to become clear. SpaceX and Tesla on Thursday formally unveiled plans for the initial phase of their Ter

The company had posted a consolidated net profit of Rs 163.35 crore in the corresponding quarter of the previous fiscal, JK Tyre & Industries Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 3,946.24 crore as against Rs

Its net profit stood at Rs 11.96 crore in the year-ago period. Total income rose sharply to Rs 322.02 crore for the first quarter of the 2026-27 financial year from Rs 106.39 crore in the corresponding period of the preceding fiscal, according to a regulatory filing. In terms of

The company reported a net profit of Rs 30.78 crore for the April-June quarter a year ago, the company, which owns Cremica and English Oven brands, said in a regulatory filing. Its revenue from operations was up 16 per cent at Rs 548.75 crore in the June quarter of FY'27. It was

Amidst this, the Reserve Bank of India's decision to retain the repo rate at 5.25 per cent will aid the ongoing momentum in the Indian residential real estate industry. It is a sign of policy stability in a world of global uncertainty. Abhishek Trehan, Executive Director, Trehan

Titan, the Tata Group's jewellery-to-eyewear brand, announced its June-quarter performance today, reporting a 63% year-on-year (YoY) jump in consolidated net profit to ₹1,777 crore, driven by steady demand in its jewellery business, while the watches segment also remained a key g

The report said luxury homes priced at Rs 10 crore and above generated record transaction value across both the primary and secondary markets in H1 CY26, reflecting strong investor sentiment and rising purchasing power among high-net-worth individuals. "While this robust growth s

Here are a few details of the issues: * ICICI Bank will issue five-year bonds at a coupon of 5.3520%, payable semi-annually Indian government bonds declined early Friday, reversing some weekly gains. Higher oil prices and global rate fears impacted investor sentiment before a lar

Save $370 on this 1440p gaming PC with an RTX 5060 Ti 16GB — formidable ABS Cyclone Aqua rig ships with 20-core Intel Core i7-14700F, 16GB DDR5 and a 1TB SSD, now only $1,329.99 1080p and 1440p gaming at a budget-friendly price When you're buying a pre-built gaming PC, you'll wan

The News South Africa proposed a ban on corporate cross-border stablecoin transactions, setting up a clash with a generation of tech entrepreneurs who say the restrictions will hurt trade, push volumes into unregulated channels, and isolate the country from global capital pools.

Listen to this article in summarized format Titan said profit before tax grew 37% on an adjusted basis after excluding the impact of customs duty gains in gold during the quarter. The reported consolidated numbers included customs duty gains of Rs 407 crore. Jewellery business le

Anthropic co-designing custom AI inference chips to bypass costly Nvidia GPUs — Samsung reported as manufacturing partner for Claude maker It joins Amazon, Meta, OpenAI, and Google with its new "multi-chip" strategy. Anthropic has announced it's building an in-house chip developm

It was another lacklustre session for the Indian stock market on Friday, August 7, as a rebound in crude oil prices amid renewed uncertainty over the Strait of Hormuz raised fresh doubts about a potential peace deal in the Middle East. Weakness in financial stocks outweighed gain

Claude Opus 5 mistakenly deletes dev’s entire profile directory during routine backup, responds with 'Sorry, typo' — AI tool mistakes user's home directory as temporary backup, proceeds to wipe everything to undo the error “That was simultaneously the funniest and most painful AI

Since the AI trade peaked around 22 June 2026, the performance divergence across global markets has been striking. In the US stock market, the tech-heavy Nasdaq index slipped from 26,518 to 24,443, logging around 8% dip due to the burst in the AI trade bubble. However, the tech i

Shares of Hero MotoCorp climbed 4.5% in Friday's intraday trade, August 7, to a five-month high of ₹5,800 after the company reported strong June-quarter performance, supported by robust growth across its premium motorcycles, scooters, electric mobility, international business, an

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Bengaluru-based electric mobility startup E3 Electric.AI has launched its intelligent electric scooter, E3 TRION, which it says is designed to create a new category in the mobility space. The AI-powered E3 TRION integrates human-centric design with predictive intelligence. Its mo

India's push to become a global cloud and AI infrastructure hub received a boost after the Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026. The Bill simplifies the country's recently announced data centre tax incentives by removing separate government approval

SK Hynix said on Friday it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants, as demand for the components, which are key to AI, continues to grow. The South Korean tech giant announced a 35.2 trillion won investment in a fabrica

SK Hynix said on Friday it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants, as demand for the components, which are key to AI, continues to grow. The South Korean tech giant announced a 35.2 trillion won investment in a fabrica

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Do Data Centers Really Drive Up Local Temperatures? Do data centers raise local temperatures? Explore their impact, causes of heat islands, and solutions to minimize environmental effects. There is plenty of talk in the data center industry about cooling methods and how best to d

Update | August 07, 22:00 IST Shares of ixigo ended today's trading session 12.9% lower at ₹175.60 apiece on the BSE. Its market capitalisation stood at ₹7,744.7 Cr (about $813.7 Mn). Original| August 07, 14:29 IST Shares of traveltech company ixigo fell as much as 13.6% to an in

The News There’s a reason why the Democratic challenger to Rep. Max Miller isn’t talking much about the domestic abuse allegations against the Ohio Republican. Brian Poindexter told Semafor that he believes voters want him focused on the cost of living, not his opponent. Poindext

The News Senate Majority Leader Chuck Schumer’s Democrats are on the offensive in six states currently held by Republicans. He’s eyeing more. The New Yorker told Semafor that he’s paying close attention to Kansas Democrats after pastor Adam Hamilton won the Democratic nomination

The Senate is back in session today after senators made progress on a voting deal to go on August recess — but didn’t fully clinch it. That means a rare Friday session, when the Senate will finish its saga on Russia sanctions after wrestling with the issue for more than a year. F

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SBI Q1 Results: State Bank of India (SBI) on Friday, 7 August, reported a 10.23% year-on-year (YoY) rise in its standalone net profit for the June quarter (Q1FY27) to ₹21,121.22 crore, compared with ₹19,160.44 crore in the same period last year. The public lender earned an intere

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Elevation Capital, one of India's oldest venture capital firms, has realised nearly Rs 6,000 crore from partial stake sales in listed Indian technology companies over the past 15 months through IPO offer for sale transactions, block deals and bulk deals, while continuing to hold

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