Nvidia and AMD have agreed to hand over 15% of their revenues from chip sales to China to the US government, a senior US official confirmed, according to the Associated Press. The arrangement is part of a deal allowing the companies to resume sales of specific artificial intelligence chips to the Chinese market.The revenue-sharing terms…
The initial public offering (IPO) of BlueStone Jewellery and Lifestyle Ltd, which sells contemporary jewellery under its flagship brand ‘BlueStone’, was subscribed 39% on the first day of bidding on Monday.According to NSE data, the three-day issue received bids for 63,89,570 shares against 1,65,14,421 shares on offer, reported PTI. The quota for qualified institutional buyers…
The implementation of a 50% tariff on Indian goods by Donald Trump has strained diplomatic relations between New Delhi and Washington. Major American brands in India, including McDonald’s, Coca-Cola, Amazon and Apple, are faced with boycott demands as corporate leaders and supporters of Prime Minister Narendra Modi respond to US tariffs. India’s vast population makes…
Indian refiners have the technical capability to operate without Russian crude, but such a move would come with significant economic and strategic consequences, energy analytics firm Kpler has warned. Russian oil currently makes up nearly 38 per cent of India’s refinery feedstock, prized for its high diesel and jet fuel yields, competitive pricing, and reliable…
Elon Musk-owned vehicle manufacturer Tesla inaugurated its second showroom in India at Delhi’s Aerocity, expanding its presence in the country.The American automaker giant is further set to expand its supercharging network across key Indian metropolitan regions ahead of its September delivery commencement, according to a senior company representative on Monday, quoted by ET.At the inauguration…
NSDL shares have been a big money-maker for the investors with the prices surging by nearly 80% from its IPO price. In a significant post-market debut, surged over 9.6% on Monday alone, touching a peak of Rs 1,425.The stock has experienced a significant increase, rising 78% above its initial IPO price of Rs 800 and…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 11, 2025) are AU Small Finance Bank, and Bharti Airtel. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) AU Bank 739 875 18% Bharti Airtel 1859…
NEW DELHI: The defence ministry’s recent approval of a Rs 30,000 crore contract for long-range drones is set to revolutionise the UAV manufacturing sector in India, according to Economic Times report. Two manufacturers will share the order, establishing separate production facilities capable of handling future expansions and export opportunities.Defence minister Rajanth Singh-led Defence Acquisition Council…
Trump says China should import soybeans from US (AI-image) President Donald Trump on Monday called on China to increase its purchases of American soybeans, framing the move as a way to address Beijing’s trade deficit with the United States. In a post on Truth Social, Trump wrote, “China is worried about its shortage of soybeans….
Jefferies has put a buy recommendation on Titan with the target price at Rs 3,800. Analysts said during the April-June quarter (Q1) the company demonstrated strong growth across brands under jewellery as well as watches, along with margin expansion. Part of the margin gain was bolstered by one off but adjusted for the same its…
