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Meta Platforms surges 12% on report of AI cloud service plans to rival Amazon, Microsoft

New Delhi, July 1 -- Shares of Meta Platforms surged nearly 12% in Wednesday's trade, 1 July, climbing to $628 on the Nasdaq after a report said the social media giant is preparing to launch a cloud c... Read More


SML Mahindra reports 3% YoY rise in June26 sales

Mumbai, July 1 -- The company's cargo vehicle sales decreased 26% YoY to 355 units, while passenger vehicle sales rose 13% YoY to 1,575 units from 1,391 units in the year-ago period. SML Mahindra (fo... Read More


DRI busts trans-border gold smuggling syndicate; seizes 15 kg smuggled gold; four arrested

Bhubaneswar, July 1 -- In a major operation the officers of the Directorate of Revenue Intelligence (DRI) successfully dismantled a trans-border gold smuggling syndicate and seized 15 kg foreign-origi... Read More


Jana Holdings, Jana Capital get BSE nod to extend maturity date of NCDs

New Delhi, July 1 -- Jana Holdings Limited (JHL) and by Jana Capital Limited (JCL) may look to sell shares of Jana Small Finance Bank Limited (JSFB) so that the proceeds can be utilised to redeem non-... Read More


Modular furniture is changing the way we live at home, and here's why

India, July 1 -- Not too long ago, buying furniture was a simple task. You measured your room, picked a sofa, added a dining table and hoped everything would stay relevant for years. Today, homes tell... Read More


Mazagon Dock to Torrent Pharma - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment

Stock market today, July 1 -- Indian benchmark indices opened marginally higher on Wednesday, supported by gains in auto stocks as companies began reporting their June sales figures. However, gains re... Read More


Nifty holds 23,900 as M&M, Titan lead gains; IT, Bajaj FinServ drag

New Delhi, July 1 -- Markets opened on a cautious note on Wednesday, with the Nifty 50 edging up 50.25 points (0.21 per cent) to 23,916 and the Sensex gaining 190.19 points (0.25 per cent) to 76,668.8... Read More


INR loses momentum as dollar renews surge on rate hike bets

Mumbai, July 1 -- The Indian rupee fell in opening trades on Wednesday tracing gains in greenback overseas. Expectations of a Federal rate hike after data released yesterday showed US job openings ros... Read More


India-Japan expected to announce plans to deepen cooperation in AI, semiconductor

New Delhi, July 1 -- India and Japan are expected to announce plans to deepen cooperation in AI and semiconductors, while reinforcing defence and strategic ties, during Japanese Prime Minister Sanae T... Read More


Transformers & Rectifiers (India) rises after bagging ultra mega order from PGCIL

Mumbai, July 1 -- The company classified the contract as an Ultra Mega Order, which, as per its project classification, refers to orders valued at Rs 1,000 crore and above (excluding GST). However, th... Read More