menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

Business News

source image

TechBullion

1d

read

336

img
dot

Image Credit: TechBullion

Stellar Touts Banking Partnerships While Lightchain AI Touts Real Buyer Growth and $21M Raised

  • Stellar is strengthening finance through strategic banking partnerships, focusing on cross-border payment solutions.
  • Lightchain AI celebrates raising $21 million and growing real buyer numbers, emphasizing genuine utility and strategic growth.
  • Stellar's partnerships with prominent names and institutions like Paxos, Mastercard, and MoneyGram aim to broaden blockchain usage in traditional finance.
  • Lightchain AI stands out with its Transparent AI Framework, Governance Integration, and Memecoin Launchpad, fostering community trust and building a dynamic ecosystem.

Read Full Article

like

20 Likes

source image

Bloomberg Quint

1d

read

394

img
dot

Image Credit: Bloomberg Quint

Anthem Biosciences IPO Opens: Subscribe On A Long-Term Basis, Says Geojit — Check Issue Details

  • Anthem Biosciences' Rs 3,395-crore IPO opened on July 14 with a price band set between Rs 540 to Rs 570 per share.
  • The IPO consists of an offer-for-sale component of 5.96 crore shares and closes for subscription on July 16.
  • Geojit recommends subscribing to the IPO on a long-term basis.
  • Investors can check further issue details for Anthem Biosciences IPO.

Read Full Article

like

22 Likes

source image

HinduBusinessLine

1d

read

310

img
dot

Image Credit: HinduBusinessLine

Workspace provider Wework receives SEBI nod for its IPO debut

  • Workspace provider WeWork has received SEBI's approval for its initial public offering (IPO) debut.
  • The IPO consists of an Offer for Sale (OFS) of equity shares totaling up to 43,753,952 equity shares, with Embassy Buildcon LLP and 1 Ariel Way Tenant Limited as selling shareholders.
  • Book Running Lead Managers for the issue include JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited.
  • WeWork India has established strong relationships with global brands like Amazon Web Services, JP Morgan, Warner Bros. Discovery, Deutsche Telekom, and Grant Thornton, positioning itself as the exclusive licensee of the WeWork Brand in India.

Read Full Article

like

7 Likes

source image

HinduBusinessLine

1d

read

230

img
dot

Image Credit: HinduBusinessLine

Aurobindo Pharma to manufacture long-acting HIV treatment for global markets

  • Aurobindo Pharma based in Hyderabad will manufacture and supply a long-acting injectable HIV treatment across 133 countries, including low- and middle-income markets.
  • The treatment provides an alternative to daily pills by offering patients the option of receiving one injection every one or two months.
  • ViiV Healthcare and the Medicines Patent Pool have updated their voluntary licensing agreement to include patents for a long-acting HIV treatment in compliance with updated WHO guidance.
  • The aim is to increase access to long-acting HIV treatment in various countries worldwide, especially for those facing challenges with oral regimens.

Read Full Article

like

13 Likes

source image

Bloomberg Quint

1d

read

424

img
dot

Image Credit: Bloomberg Quint

What Do HCLTech's Q1 Result Numbers Say? Read Systematix Report

  • HCLTech reported a Q1 revenue decline of 0.8% in constant currency and 1.3% growth in USD terms.
  • All sectors at HCLTech showed QoQ growth except for healthcare and telecom, with a new large deal value of $1.8 billion in Q1.
  • Management upgraded the lower end of revenue growth guidance from 2%-5% to 3%-5% in constant currency.
  • Systematix views HCLTech's revenue growth positively, highlighting its position as the fastest-growing among the top five players.

Read Full Article

like

15 Likes

source image

Bloomberg Quint

1d

read

272

img
dot

Image Credit: Bloomberg Quint

Mumbai Coastal Road Crash: 18-Year-Old Rams Into Fashion Influencer’s Mercedes

  • An 18-year-old driver crashed into a Mercedes car carrying fashion influencer Sonam Babani, causing her multiple injuries while she was travelling with her husband from Marine Drive to Prabhadevi.
  • The accused driver, identified as Vyom Manish Poddar, lost control of his car inside the Mumbai Coastal Road tunnel, injuring the pregnant 33-year-old influencer who was later discharged from the hospital.
  • A case has been filed against the driver for rash driving and endangering life; further investigation is ongoing to determine if he was under the influence of alcohol during the accident.
  • This incident adds to a series of accidents inside the Coastal Road tunnel, raising concerns among commuters about the safety of the tunnel as an accident-prone area.

Read Full Article

like

16 Likes

source image

Bloomberg Quint

1d

read

371

img
dot

Image Credit: Bloomberg Quint

Q1 Results Live: Bank Of Maharashtra Profit, Net Interest Income Rises; GM Breweries Profit Growth Muted

  • Bank of Maharashtra reported positive Q1 results with an increase in net interest income and profit.
  • GM Breweries experienced muted profit growth in Q1 FY26 with a slight increase in net profit.
  • A total of 23 companies, including HDB Financial Services, HDFC Life, and ICICI Prudential Life, are set to announce their financial results for the quarter ended June 2025 on July 15.
  • The article qualifies for web story generation as it provides key financial updates on Bank of Maharashtra and GM Breweries for Q1 FY26.

Read Full Article

like

15 Likes

source image

TheNewsCrypto

1d

read

98

img
dot

As Ethereum Holds Its Ground in the Top 5, Lightchain AI Sets the Stage for Its July Launch Event

  • Ethereum maintains its position among the top five cryptocurrencies with strengths in smart contract leadership, developer community, security, decentralization, institutional adoption, and continuous upgrades.
  • Lightchain AI is preparing for its highly anticipated July 2025 mainnet launch, emphasizing transparency, community governance, and features like Zero-Knowledge Proofs for secure AI tasks.
  • Lightchain AI's approach with open-source elements like the Proof-of-Intelligence consensus, staking contracts, and a grant pool for dApp development is fostering community trust and participation.
  • The upcoming launch event of Lightchain AI is creating excitement among investors and developers, offering a unique opportunity in the evolving landscape of decentralized AI with its focus on privacy, developer tools, and real AI utility.

Read Full Article

like

5 Likes

source image

Bloomberg Quint

1d

read

95

img
dot

Image Credit: Bloomberg Quint

Spunweb Nonwoven IPO Day 2: Check Latest GMP, Subscription Status, Price Band And Other Key Details

  • Spunweb Nonwoven IPO day 2 saw strong demand with over 15 times subscription driven by retail investors.
  • Grey market premium (GMP) for the IPO was at Rs 42 as of July 15, indicating a listing price of Rs 138 apiece.
  • The IPO is a book-building issue aiming to raise Rs 60.98 crore, with a price band set between Rs 90 to Rs 96 per share.
  • Proceeds from the IPO will be used for working capital requirements, debt repayment, and general corporate purposes.

Read Full Article

like

4 Likes

source image

HinduBusinessLine

1d

read

125

img
dot

Image Credit: HinduBusinessLine

Tesla's first Indian showroom blends sleek minimalism with subtle Indian influences: Neeta Sharada

  • Tesla's first Indian showroom in Mumbai blends sleek minimalism with subtle Indian influences, featuring a white-themed design with lightboxes showcasing Tesla's innovations alongside curated Indian visuals.
  • Maharashtra CM Devendra Fadnavis inaugurated the 'Tesla Experience Centre' in Mumbai, stating that Tesla has chosen the right city and state to establish its presence in India.
  • Fadnavis highlighted Tesla's global recognition for design, innovation, and sustainability, emphasizing the company's unique positioning in the automotive industry.
  • Tesla's entrance into the Indian market aligns with the country's new EV policy, offering reduced import duties and incentives to attract global manufacturers, potentially paving the way for Tesla's operations in India.

Read Full Article

like

7 Likes

source image

Bloomberg Quint

1d

read

808

img
dot

Image Credit: Bloomberg Quint

Mumbai Rains Live: Red Alert Issued As Heavy Downpour Continues In Many Areas

  • The heavy downpour in Mumbai and surrounding areas, including Andheri, Vile Parle, Santacruz, Khar, and Bandra, is expected to continue in locations like BKC, Kurla, Chembur, and Ghatkopar.
  • The India Meteorological Department (IMD) has issued a red alert for Mumbai city and adjoining areas for the next three to four hours, warning about the heavy rainfall.
  • The BMC has issued a high tide warning for Mumbai, with a height of 4.41 meters followed by low tide, advising caution and alerting about the weather conditions.
  • Various transport services like Akasa Air, SpiceJet, and IndiGo have issued travel advisories due to heavy rainfall and potential waterlogging in Mumbai, Pune, Kolkata, and Goa, impacting airport operations.

Read Full Article

like

4 Likes

source image

TechBullion

1d

read

42

img
dot

Image Credit: TechBullion

U.S. Insurtech: the top 3 insurance comparison engines that matter

  • Personal-lines insurance is seeing significant investment in insurtech, with VC capital exceeding $2 billion last year.
  • Premiums are volatile, leading to a surge in Americans seeking cost-efficient insurance coverage through comparison engines.
  • Insurify.com, Compare.com, and Policygenius are the top insurance comparison engines setting new standards in the industry.
  • Insurify.com leads the pack with deep carrier integrations, high ratings, and AI-driven pricing models, while Compare.com and Policygenius offer distinct value propositions catering to different consumer needs.

Read Full Article

like

2 Likes

source image

HinduBusinessLine

1d

read

28

img
dot

Image Credit: HinduBusinessLine

Bitcoin pulls back as record rally triggers profit taking

  • Bitcoin experienced a 3.2% decline, the largest in over three weeks, reaching $117,386 in trading.
  • Ether and other coins like XRP and Solana also dropped around 1-2% each.
  • The pullback followed Bitcoin's record-breaking surge above $123,000 on optimism surrounding US digital asset legislation.
  • Analysts view the retreat as a standard correction after a period of overheating in the market, with the next key support level for Bitcoin at $114,000.

Read Full Article

like

1 Like

source image

HinduBusinessLine

1d

read

265

img
dot

Image Credit: HinduBusinessLine

8 Bills to be introduced during Monsoon Session

  • The Monsoon Session of Parliament will run from July 21 to August 21 with a total of 12 Bills on the agenda.
  • Eight Bills are set to be introduced, including legislation related to mining, geo-heritage sites, national sports governance, and anti-doping.
  • Three Bills are listed for consideration and passage, with one on Income Tax to be taken up after a Select Committee report.
  • The Indian Ports Bill, The Merchant Shipping Bill, and The Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill are scheduled for consideration and passage during the session.

Read Full Article

like

11 Likes

source image

HinduBusinessLine

1d

read

272

img
dot

Image Credit: HinduBusinessLine

Tesla makes India debut with 1st store in Mumbai; Fadnavis says wish to see it making cars here

  • Tesla made its debut in India with the inauguration of its first Experience Centre in Mumbai at the Bandra Kurla Complex.
  • Maharashtra Chief Minister Fadnavis expressed hope for Tesla to consider research, development, and manufacturing in India in the future.
  • Fadnavis welcomed Tesla's presence and offered Maharashtra's support, highlighting the state's readiness to aid electric vehicle growth.
  • Tesla's India debut marks a strategic move targeting luxury vehicle buyers, with the company already shipping its first set of cars and leasing warehousing space in Mumbai.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app