The combined market valuation of six of India’s top-10 most valued companies eroded by ₹70,325.5 crore last week. The downturn was a result of a bearish trend in the equity market, with the BSE benchmark Sensex dropping 0.74% or 626.01 points, PTI reported. The week’s biggest losers HDFC Bank and ICICI Bank were the worst-hit…
India’s second-largest IT services company Infosys has begun sending personalized warning emails to employees who exceed standard working hours, directly contradicting founder N.R. Narayana Murthy‘s recent advocacy for a 70-hour workweek. The Bengaluru-based firm has implemented an automated monitoring system that triggers alerts when employees work beyond 9 hours and 15 minutes daily.“We must work…
The Indian equity markets ended the week on a weaker note as investors opted to book profits at higher levels. The Nifty50 closed below the 25,500 mark, registering a weekly loss of 0.69% for the period ended July 4, 2025. In our previous analysis, we identified June 30 as a crucial inflection point — a…
Smarten Power Systems IPO: The initial public offering (IPO) of Smarten Power Systems, a Gurugram-based power backup and solar products company, is set to open for public subscription on Monday, July 7. The ₹50 crore SME IPO combines a fresh issue of 40,00,800 shares and an offer for sale of 9,99,600 shares. Smarten Power Systems…
A group known as the Independent Publishers Alliance has filed an antitrust complaint with the European Commission over Google’s AI Overviews, according to Reuters. The complaint accuses Google of “misusing web content for Google’s AI Overviews in Google Search, which have caused, and continue to cause, significant harm to publishers, including news publishers in the…
IN A NUTSHELL 🚀 AI advancements are rapidly progressing, with companies like Microsoft and OpenAI leading the charge. 🔮 Nathan Myhrvold suggests that achieving human-level AI requires a few significant breakthroughs, or “miracles.” 🌐 The future of AI will require addressing ethical considerations and aligning technology with human values. 🔋 Innovative energy solutions are crucial…
3rd Gen Volkswagen Tiguan R Line Volkswagen India launched its flagship SUV (for India) Tiguan R Line in the country a couple of months ago. Mid April 2025, to be precise. Within three months of the sales commencing, some dealers have been offering up to Rs 3 lakh worth of discounts on this vehicle, which…
In pulling off stunning profits in a short spell, Jane Street has challenged several principles and left multiple fingerprints for the income tax (I-T) authorities in India. An artful use of its arms in different jurisdictions to carry out diverse trades and escape tax will, in all likelihood, come under the scrutiny of the I-T…
Microsoft is closing its operations in Pakistan, marking the end of a 25-year presence in the South Asian nation. The Redmond-based company on Friday told TechCrunch that it is changing its operational model in Pakistan and will now serve its customers through resellers and “other closely located Microsoft offices.” “Our customer agreements and service will…
The Securities and Exchange Board of India (SEBI) has barred four entities of the Jane Street Group from accessing Indian securities markets, alleging fraud and manipulation in the derivatives segment. In its 105-page interim order, SEBI revealed a sophisticated, expiry-day-centric trading strategy deployed by the US-based proprietary trading firm. The order details how the Jane…
