A naukri.com initiative
Business News
Guardian
1w
313
Image Credit: Guardian
Fall in UK GDP puts focus back on expectations of tax rises in autumn budget
- UK's unexpected 0.1% decline in GDP for May puts focus on expectations of tax rises for autumn budget.
- The consecutive contractions in GDP, following April's 0.3% contraction, suggest a possible economic decline for the second quarter of the year.
- May's decline in GDP was attributed to a 0.9% fall in industrial production, with manufacturing down by 1%, notably in vehicle manufacturing.
- Speculation about tax rises following recent policy changes risks impacting consumer and business confidence ahead of the autumn budget.
Read Full Article
18 Likes
Moneyweb
1w
309
Bitcoin options traders eye $120 000 as token extends record run
- Bitcoin options traders are eyeing higher prices as the cryptocurrency extends its record run.
- Open interest on Deribit is concentrated in call options with $115,000 and $120,000 strike prices, with longer-term options showing interest at $140,000 and $150,000.
- The rally in Bitcoin triggered liquidation of short positions worth over a billion dollars, alongside increased investments in Bitcoin ETFs. Ether also surged, with strong inflows into US spot ETFs and record open interest in Ether futures.
- Institutional demand is fueling Bitcoin's breakout, with bullish sentiment reflected in the options market and positive funding rates in the Bitcoin perpetual futures market. Expectations of rising demand from crypto treasury companies are also contributing to the rally.
Read Full Article
18 Likes
HinduBusinessLine
1w
373
Image Credit: HinduBusinessLine
Shift to zero-emission vehicles opens growth opportunities: Sundaram-Clayton
- Sundaram-Clayton sees growth opportunities in shifting to zero-emission vehicles, as it is a preferred source for aluminium castings to major OEMs in India, the US, and the EU.
- OEMs are focusing on reducing carbon footprint throughout their supply chains, which may lead to a push for localization and sourcing policy changes. Sundaram-Clayton has a US manufacturing facility to mitigate potential sourcing policy threats.
- The company is implementing green initiatives and aims to meet 80% of energy needs at its Thervoy Kandigai plant through renewable sources, demonstrating commitment to sustainability.
- While export markets pose challenges due to geopolitical scenarios and tariffs, the outlook for the company in India for FY 2025-26 is positive. The company is monitoring costs closely and taking measures to maintain and improve profit margins.
Read Full Article
22 Likes
TechBullion
1w
110
Image Credit: TechBullion
10+ Best AI Market Research Tools – How to Choose the Right One for Your Needs?
- Choosing the right AI market research tool is crucial in today's business world.
- AI tools automate surveys, analyze data, track competitors, and offer valuable insights quickly.
- Consider key features, benefits, and integration capabilities before selecting the most suitable tool.
- Ensure data accuracy, security measures, ease of use, scalability, and customer support before deciding.
- Carefully assess your needs, team capabilities, and growth potential to make an informed choice.
Read Full Article
6 Likes
Moneyweb
1w
171
London Heathrow to pour £10bn into terminals, services
- London Heathrow Airport plans to invest £10 billion ($13.6 billion) over the next five years to upgrade its terminals and services.
- The investment plan includes redesigning terminals, improving punctuality through AI tools, and reducing its carbon footprint, aiming to increase passenger capacity by 12%.
- Heathrow aims to address concerns about congestion and high charges from major airline customers as it slipped to No. 22 on Skytrax’s list of top airports.
- The investment, privately funded through a £2 billion equity contribution, will run from 2027 to 2031 and involve adding more lounges, restaurants, and shops while demolishing Terminal 1.
Read Full Article
10 Likes
Bloomberg Quint
1w
60
Image Credit: Bloomberg Quint
'Buy' Suzlon Energy Shares To Get An Upside Of 24% Says Motilal Oswal — Here's Why
- Motilal Oswal recommends buying Suzlon Energy shares with a potential upside of 24% based on a target price of Rs 82 by applying a target P/E of 35x to FY27E earnings per share.
- Suzlon Energy is expected to benefit from regulatory tailwinds mandating local content, a robust order book providing strong revenue visibility, and execution improvements through proactive land acquisition and EPC expansion initiatives.
- The new order outlook for Suzlon Energy remains healthy, with NTPC bid awards likely in the next six months, according to Motilal Oswal.
Read Full Article
3 Likes
Guardian
1w
110
Image Credit: Guardian
Fears Heathrow’s move to raise airport fees by ‘excessive’ 17% will push up fares
- Heathrow plans to raise its landing fees by 17% to invest £10bn in expanding the airport capacity and facilities, a move that airlines fear will lead to increased airfares for passengers.
- The average landing charge per passenger is expected to increase to £33.26 from the current £28.46 over the next five years, with the aim of accommodating 92 million passengers annually and enhancing terminal facilities.
- Airlines, including International Airlines Group and Virgin Atlantic, criticize the proposed fee hike as 'excessive' and argue that it will burden passengers and airlines with higher costs, raising concerns about affordability and value.
- The plan does not include a proposal for a third runway; Heathrow aims to increase terminal space by 70,000 sq metres, passenger capacity by 10 million, and cargo capacity by 20% by 2031. Shareholders will contribute £2bn towards the investment.
Read Full Article
6 Likes
Bloomberg Quint
1w
166
Image Credit: Bloomberg Quint
INOX Clean Energy Files Confidential Draft Papers For Rs 6,000-Crore IPO
- INOX Clean Energy Ltd. has filed a confidential draft red herring prospectus for a Rs 6,000-crore IPO in the Indian renewables sector with the goal of achieving a market capitalization of around Rs 50,000 crore.
- Proceeds from the IPO will be used for setting up new facilities in solar and independent power producers, with a planned capital expenditure of approximately Rs 6,500 crore.
- The IPO is larger in scale compared to previous filings, like Juniper Green’s Rs 3,000 crore and Waaree Energies’ Rs 4,300 crore IPOs.
- The book running lead managers for the IPO are JM Financial, Motilal Oswal, Nuvama, IIFL Securities, and ICICI Securities.
Read Full Article
9 Likes
TechBullion
1w
111
Image Credit: TechBullion
Lightchain AI Locks In Long-Term Buyers While Dogecoin Locks In Retweets With Zero Technical Vision
- Lightchain AI is attracting long-term buyers and developers with its focus on technological innovation, including AI-native blockchain architecture and a commitment to real utility over hype.
- Dogecoin surged due to social media attention, lacking significant technological improvements and defined development plans for long-term success, leading to concerns over sustainability and utility.
- The recent Dogecoin pump showcased the influence of social media and community-building in the crypto space, but its lack of a clear roadmap and reliance on memes raise caution among investors.
- Lightchain AI distinguishes itself with tangible developments, transparent roadmap, and focus on real-world utility like cross-chain infrastructure, DeFi integrations, and developer grant programs, positioning itself as a leader in blockchain and AI innovation.
Read Full Article
6 Likes
Blockonomi
1w
284
Image Credit: Blockonomi
Coinbase Partners with Perplexity AI to Provide Real-Time Cryptocurrency Prices
- Coinbase partners with Perplexity AI to integrate real-time cryptocurrency market data into Perplexity’s AI search engine.
- The partnership rollout includes displaying COIN50 index prices in Perplexity's Comet browser, with future plans to link user queries directly to Coinbase market data and trading platform.
- This partnership signifies a deepening connection between AI chatbots and crypto exchanges, as Perplexity, valued at $9 billion, aims to compete with Google through its Comet browser.
- The potential for AI chatbots to execute crypto trades and manage portfolios may expand in the future, leveraging the integration of AI technology with cryptocurrency, as seen in Coinbase's recent AI-managed crypto transaction.
Read Full Article
17 Likes
HinduBusinessLine
1w
59
Image Credit: HinduBusinessLine
Proud of the role played by India’s indigenous defence technologies in Operation Sindoor: NSA Ajit Doval
- NSA Ajit Doval expressed pride in India's indigenous defence technologies' role in Operation Sindoor during IIT Madras' 62nd Convocation ceremony in Chennai.
- Operation Sindoor targeted nine precise locations across Pakistan and was executed efficiently, taking only 23 minutes with no reported damage to Indian structures.
- Ajit Doval credited academia and the private sector for India's self-reliance in technologies like 5G, emphasizing the importance of AI, quantum computing, and space technology for India to lead globally.
- IIT Madras' achievements, partnerships, and plans for future development, including a semiconductor Fab facility and collaborations with the Indian Army, were highlighted during the convocation.
Read Full Article
1 Like
Semiengineering
1w
245
Image Credit: Semiengineering
Chip Industry Week In Review
- GlobalFoundries to acquire MIPS, adding RISC-V processor IP and PPA optimization software.
- EU introduces AI rules on copyright, public safety, and algorithm training transparency.
- SIA reports May 2025 semiconductor sales increase, LPDDR6 standard release by JEDEC.
- PwC predicts copper supply risks, challenges in defect detection in 2.5D integration.
- Recent reports on NAND flash prices, semiconductor chip market growth, and funding updates.
Read Full Article
14 Likes
Medium
1w
351
Image Credit: Medium
Why Your Boss Is Never Happy (Even When You Build Great Stuff)
- Building great features alone does not ensure a happy boss.
- Product outcomes like order completion and feature usage can predict business success.
- Smart teams focus on understanding user behavior to drive revenue growth.
- By improving user experience, encouraging specific behaviors, and analyzing leading indicators, companies can achieve substantial business outcomes.
Read Full Article
21 Likes
TheNewsCrypto
1w
360
Stellar Focuses on Institutional Use, While Lightchain AI Focuses on Strategic Whales and Retail FOMO
- Stellar is focusing on expanding institutional use cases and partnerships in the enterprise blockchain space, emphasizing cross-border solutions and integration with leading organizations such as IBM and MoneyGram.
- Lightchain AI is gaining attention from strategic whales and retail investors due to its AI-native architecture and unique consensus model, with the project attracting over $21 million in funding through presale stages and the ongoing Bonus Round.
- As Lightchain AI approaches its mainnet launch in July 2025, it is witnessing increasing interest from both institutional and retail investors, with a community that reflects a mix of serious capital and enthusiastic retail buyers eager to participate.
- While Stellar prioritizes institutional integration and real-world financial solutions for cross-border payments, Lightchain AI is focused on appealing to various investor segments with its transparent growth strategy and tokenomics supporting equity and community engagement.
Read Full Article
21 Likes
HinduBusinessLine
1w
159
Image Credit: HinduBusinessLine
Swastika Investmart marks 30 years on BSE with record financial performance
- Swastika Investmart, a brokerage firm, celebrated its 30 years on BSE with exceptional financial performance.
- The company reported a record consolidated revenue of ₹140.58 crores, marking a 23% year-on-year increase, and a profit after tax of ₹19.89 crores, surging by 62%.
- Standalone revenue also saw a significant growth of 22% to ₹135.22 crores, accompanied by a standalone profit after tax increase of 83% to ₹22.12 crores.
- Swastika Investmart declared a 30% dividend, extending its 21-year streak of rewarding investors, while witnessing a market capitalization growth of approximately 65 times in the last 30 years.
Read Full Article
8 Likes
For uninterrupted reading, download the app