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- 2026-08-12SpaceX namesake creates confusion on Dalal Street! Indian IT stock skyrockets 23% in 2 days
Blue Cloud Softech Solutions on Monday announced that its wholly owned US subsidiary has executed its first Statement of Work with Malaysia-registered SpaceX International. This relates to a Master Services Agreement signed by the parties earlier this year, which provides for a m
news:india-et-markets - 2026-08-12LEAP India IPO allotment likely today, GMP signals over 8% listing gain. How to check status
The LEAP India IPO received a strong response on the final day of bidding on Tuesday as the issue was subscribed 8.38 times, with 11.49 crore shares on offer. The retail portion was subscribed 1.71 times, against 5.74 crore shares reserved for retail investors. The Qualified Inst
news:india-et-markets Depay says Corinthians 'unacceptable' as contract ends - Published Memphis Depay has accused Corinthians of "unacceptable behaviour" and of breaching an agreement after the Brazilian club decided against renewing his contract. The former Manchester United and Barcelona forward jo
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After a muted FY26, Manappuram Finance saw profitability pick up in the June quarter (Q1FY27), with gold loans doing the heavy lifting and compensating for muted growth in its non-gold businesses. Consolidated assets under management (AUM) grew 57% year-on-year to ₹69,635 crore,
news:india-mint-marketsMilitary still risks failing victims, leaked MoD report finds - Published A leaked Ministry of Defence (MoD) report, obtained by the BBC, has highlighted serious failings in a new military command set up to investigate the most severe crimes, including rape and sexual assault. Th
news:bbc-newsCiting strong prospects but a risk of order delays, domestic brokerage firm JM Financial downgraded its rating on the stock from Buy to Add, with a target price of Rs 905 (previously Rs 875), due to the strong run-up in the stock, i.e. 100% in the last six months. Ministry of Def
news:india-et-markets- 2026-08-12Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes container ship
Iran-backed Houthi rebels killed six people aboard a cargo ship in the Bab el-Mandeb Strait on Tuesday, the first reported fatalities from attacks targeting Red Sea shipping in more than a year. Within hours, U.S. forces said they had fired missiles at a container ship that alleg
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Technocraft Ventures IPO allotment date today: Technocraft Ventures IPO share allotment will be finalised on Wednesday, 12 August. The investors who applied for the issue can check the Technocraft Ventures IPO allotment status on the registrar's portal, which is Bigshare Services
news:india-mint-marketsThe News Not every one of Tuesday’s primaries can be called yet, but the big trends are clear. Democratic turnout in these races is smashing through records — not always to the benefit of the left. Elderly Democrats are struggling to convince voters that they deserve just two mor
news:semaforSlot to stay in club football after Netherlands talks - Published Former Liverpool head coach Arne Slot has confirmed he held talks over the vacant Netherlands job but withdrew because he wants his next job to be in club football. The Dutchman, 47, guided the Reds to their 20th l
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Shares of Super Micro Computer surged in after-hours trading after the AI server maker delivered a strong quarterly profit and issued a much stronger-than-expected outlook for the coming quarters. The stock jumped as much as 10% in reaction to the results. (Sources: Investing.com
news:india-et-markets- 2026-08-12OCP APAC 2026: Applied Materials exec calls for hardware co-optimization to solve AI power crisis
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news:digitimes Why is the women's 800m record so tough to break? - Published The world record for the women's 800m is the longest-standing in athletics. No-one has managed to break it for 43 years. So why, despite leaps forward in shoe technology and our understanding of nutrition and recovery,
news:bbc-newsMost Tata Group stocks, including TCS, Tata Steel, and Tata Motors Passenger Vehicles, declined in Wednesday's session after Tata Sons Chairman N. Chandrasekaran resigned. The group stocks witnessed a significant sell-off after N. Chandrasekaran resigned as chairman of Tata Sons
news:india-mint-marketsPolls have begun closing in primary elections across the country, as voters in states such as Wisconsin, Minnesota and South Carolina pick their party's candidates ahead of the 2026 midterms. In South Carolina, polls closed at 7 p.m. ET as Republican voters narrow their choices t
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news:digitimesThe Labor Department’s Consumer Price Index report, due on Wednesday, follows data showing unexpected job losses last month. Economists said the United States’ position as a net oil exporter and a drawdown in petroleum inventories have helped cushion the economy from the oil-pric
news:india-et-marketsThe company reported its Q1 earnings post-market hours on Tuesday. Revenue surged 71% YoY to Rs 640 crore from Rs 374 crore in the corresponding quarter of the previous year. EBITDA also rose 72% YoY to Rs 121.7 crore, compared with Rs 70.8 crore in the June quarter of FY26. TD P
news:india-et-marketsThe Ministry of Heavy Industries (MHI) has revised the timelines under the advanced chemistry cell (ACC) PLI scheme for Ola Electric’s battery subsidiary, Ola Cell Technologies Pvt Ltd (OCT). The revision gives the company a five-year incentive window through CY2031 for its 20 GW
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news:digitimesTechnology stocks lead gains At the midday break, the Shanghai Composite was up 0.3% at 3,946.51 points, while the blue-chip CSI300 index gained 0.7%. Technology stocks led the advance. The ChiNext Composite Index rose 1.7%, while Shanghai's technology-focused STAR50 index climbe
news:india-et-marketsUber has expanded its Uber Bike service to 100 additional cities in India, taking its presence to over 220 cities across the country. The expansion will cover 18 states and one Union Territory. The new cities include Jammu, Tirunelveli, Silchar and Jamnagar, among others. Uber Bi
news:india-entrackrBurnham to chair Cobra meeting on extreme heat as temperatures surge again - Published Prime Minister Andy Burnham will chair a meeting of the government's emergency Cobra committee on Wednesday to discuss the UK's response to the extreme heat, as temperatures are set to soar aga
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- 2026-08-12Finolex Cables shares jump 10% on strong Q1 performance; revenue crosses Rs 2,000 crore mark
Finolex Cables reported a 52.6% year-on-year rise in consolidated net profit to Rs 208.2 crore in the June quarter, compared with Rs 136.4 crore in the corresponding quarter of the previous financial year. Revenue from operations surged 44.3% YoY to Rs 2,013.15 crore in Q1 FY27,
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Shares of TCS, which is the company with the largest market capitalization in the Tata pack, fell over 4% to Rs 2,322. Tata Motors Passenger Vehicles (TMPV) was also down 4% while Tata Consumer, Tata Power fell around 2% each. The 63-year-old, who led Tata's transformation into n
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news:digitimes- 2026-08-12OCP APAC 2026: Microsoft leans on Taiwan supply chain for 'silicon-to-systems' AI buildout
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news:digitimes - 2026-08-12Enterprise AI Spend Gets A Reality Check
The cost of using AI is falling rapidly, with the price of processing a million tokens dropping by roughly 10X every year. The new price benchmark is being set across the market: DeepSeek V4 Flash charges $0.14 per Mn input tokens, OpenAI’s GPT-5.6 Luna costs $0.20, while Meta’s
news:india-inc42 Emery chases first Super Cup - but does it matter? - Published Unai Emery is the king of the Europa League. He won a fifth title with Aston Villa in May - their win over Freiburg in Istanbul ending a 30-year trophy drought - but the Super Cup has eluded him. On Wednesday in Salzb
news:bbc-news- 2026-08-12US Stock Market: Treasury yields pare gains as Iran comments dampen hopes for Strait of Hormuz deal
The benchmark 10-year Treasury yield was down less than 1 basis point at 4.690%, while the 30-year yield was little changed at 5.241%. Bond yields move inversely to prices. The 2-year yield, which is particularly sensitive to expectations for Federal Reserve policy, fell 1.7 basi
news:india-et-markets British driver who broke sound barrier sets new speed record - Published A British driver who was the first person to break the sound barrier in a car on land has set a new speed record, this time in a hydrogen-powered vehicle. Andy Green, a 64-year-old retired Royal Air Force pi
news:bbc-newsStock market today: Indian equities traded lower in morning deals on Wednesday as elevated crude oil prices and caution ahead of key inflation data from India and the US weighed on investor sentiment. The Nifty 50 fell 0.42% to 24,369.40, while the BSE Sensex declined 0.44% to 77
news:india-mint-marketsBehari Lal Engineering IPO Day 1 LIVE: Bidding for the initial public offering (IPO) of Behari Lal Engineering Ltd has opened today. The public issue will remain open for bidding until 14 August 2026. The company has declared the Behari Lal Engineering IPO price band at ₹271 to ₹
news:india-mint-marketsThe Molbio Diagnostics IPO has entered its final day of subscription, giving investors one last opportunity to place their bids today, August 12. Molbio Diagnostics IPO has received stellar response from investors across all categories. The mainboard IPO had opened for bidding on
news:india-mint-marketsWhile buyers and sellers of the transaction were unknown, term sheet details showed that Hyperion Investments, a TPG private equity vehicle and Claymore Investments (Mauritius) were looking to sell an 11% stake in the company. The proposed transaction was valued at Rs 1,750 crore
news:india-et-marketsIn a consultation paper issued on Tuesday, the Securities and Exchange Board of India (Sebi) listed proposals aimed at widening the scope of FPI participation in commodity derivatives. At present, overseas investors can trade in non-agricultural commodity derivative contracts tha
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