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Syrma SGS to Kaynes Tech: EMS stocks jump up to 7.5% as Centre waives customs duty on key electronic components
The government's waiver of basic customs duty on electronics manufacturing components until 2029 led to sharp stock gains for companies like Kaynes Technology. This initiative aims to enhance domestic production of electronics and support India's goal of becoming a global manufacturing hub.
AI stocks tumble as oil surge and bond yields drag Wall Street lower
Chipmakers led a tech selloff while rising oil prices and Treasury yields weighed on markets. Samsung slumped despite strong profit guidance, Rivian sank on a share sale and global stocks retreated.
AI Crash Loading? E2E, Black Box, Netweb Slump Up To 10% As Investors Retreat Globally
AI-linked stocks tumble as global tech sell-off sparks fresh valuation concerns.
GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUs
GIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial services and digital innovation. The Indian financial center also signed MoUs with Tata Communications. These agreements aim to boost GIFT City's appeal for global businesses. Additionally, CEPT University will collaborate on research and urban planning initiatives.
India-origin battery tech powers Offgrid's first UK manufacturing facility
Offgrid Energy Labs has launched its first UK pilot manufacturing facility for its India-developed ZincGel® long-duration batteries. The 10 MWh plant marks the commercial scale-up of the company's proprietary zinc-bromine technology. Offgrid aims to serve global energy storage markets while expanding manufacturing of India-origin battery innovation through an international production network.
IIM Education In Hindi Will Widen Access, Says Piyush Goyal; Lauds Tech-Driven Bilingual Courses
File image of Union Minister Piyush Goyal
Indian equities emerge as AI-hedge haven as global tech rally wobbles - investingLive
Indian equities emerge as AI-hedge haven as global tech rally wobblesinvestingLive
Dabur Q1 updates: Co expects double-digit revenue growth as rural demand stays ahead of urban
Dabur India anticipates a significant boost in its first-quarter profit, driven by strategic price hikes that effectively countered rising inflation and packaging costs. The company noted resilient consumer sentiment despite global challenges, with sequential improvements in business performance. Strong double-digit growth is projected across key international markets like Egypt and Turkey, alongside robust expansion in India's rural demand and emerging sales channels.
ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply deal
India's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methanol annually, valued at $1 billion. This significant deal aims to bolster the shipping industry's shift to low-carbon alternatives, meeting stringent international environmental standards. The renewable fuel, produced in Odisha, will support the global transition to sustainable energy markets.
India's IPO pipeline in the second half may touch $40 billion as billion-dollar listings line up: JPMorgan
Abhinav Bharti, Managing Director and Head of India ECM at JPMorgan said the Indian market has sufficient depth to absorb multiple large IPOs simultaneously, while global investor interest remains strong for sizeable IPOs across consumer, consumer tech and healthcare sectors.
South Korean shares rebound 6% but face second weekly loss
South Korean equities rebounded sharply on Friday, with the Kospi jumping nearly 6%, led by strong gains in heavyweight stocks like Samsung Electronics and SK Hynix. The recovery came after earlier losses driven by a global tech selloff and concerns that the AI-driven rally may be peaking.
HCL Tech to Infosys, Tech Mahindra: IT stocks extend gains, Nifty IT up 3% today: Is worst over for the battered sector?
IT stocks gained on July 3, propelled by positive global tech trends and reduced fears of an interest rate hike. The Nifty IT index surged nearly 3%, recovering from recent declines, though it remains the worst-performing sector this year, down 30% in H1CY26.