BHAGYODAYA INFRASTRUCTURE DEVELOPMENT LTD Q4 RESULTS
India’s housing market sees structural shift towards premium, luxury homes: CareEdge Ratings
India’s housing market is seeing a structural shift towards premium and luxury homes, with affordable housing losing share in new launches. CareEdge Ratings said stronger demand from affluent buyers and rising development costs are driving the shift, even as housing sales moderate in some major cities amid affordability pressures and cautious sentiment.
Wall Street Week Ahead: Jobs report, Broadcom results pose next hurdles for stock market rally
In the coming week, the U.S. jobs data will be a focal point for investors, potentially impacting the Federal Reserve's interest rate strategies. Broadcom's quarterly results are anticipated right after Nvidia's stellar performance. The sustained rise in corporate profits is driving a bullish phase in U.S. equities, with optimism fueled by robust activities in the manufacturing and services sectors.
NBCC inks pact to execute NHPC's infra projects across India
NBCC and NHPC have signed an agreement for infrastructure project execution. NBCC will provide project management consultancy and undertake specific NHPC projects. This collaboration covers buildings, structures, and allied works across India. The scope includes design, engineering, and construction of completed projects.
Amaravati to get India’s first quantum-AI university
The 8.5-acre campus will be funded through a grant from the Ministry of Electronics and Information Technology (MeitY). Classes are expected to begin from September 2026 at a temporary facility at Acharya Nagarjuna University in Guntur, before shifting to the permanent Amaravati campus.
Tejas Networks shares zoom 13% after TCS’s Rs 1,537-crore LOI for BSNL 4G rollout
Tejas Networks shares rose sharply on Friday after the company received a Rs 1,537-crore Letter of Intent from TCS to supply RAN equipment for BSNL’s indigenous 4G rollout. The proposed project covers 18,685 sites, adding to Tejas Networks’ role in the telecom operator’s nationwide 4G network deployment.
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Wipro shares gain 2% after IT major expands Google Cloud AI partnership. What investors should know
Wipro's stock experienced an uptick following its announcement of an enhanced partnership with Google Cloud. The goal of this collaboration is to foster greater enterprise integration of Gemini Enterprise and agentic AI. Wipro plans to arm over ten thousand AI-certified professionals with cutting-edge resources, while launching the LIFT framework to streamline AI transformations, aiming to evolve from mere automation to fully autonomous AI capabilities.
In 2000, 4 WPI students built a $400-per-intersection system to help blind pedestrians find crosswalk buttons. 26 years later, locator tones are standard features of accessible pedestrian signals across U.S. cities
In 2000, Worcester Polytechnic Institute students developed the “Crosswalk Button Locator,” a low-cost system designed to help blind and visually impaired pedestrians find crosswalk buttons independently. The project began after Larry Raymond, Worcester’s assistant director of human resources and a blind guide-dog user, approached WPI for help solving the problem.
An 18-year-old Washington student turned plant waste into a pollution-fighting sponge. Tests showed it removed up to 80% of chemical killing Salmon
A talented eighteen-year-old student has developed groundbreaking biodegradable filters using jute waste fibers. These remarkable sponges efficiently extract toxic substances from road runoff, achieving an impressive eighty percent reduction in pollutants as confirmed by laboratory analysis. This eco-friendly innovation demands far less energy and financial investment to manufacture, garnering the young inventor significant recognition at a prestigious competition.
India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBI
Indian companies show stronger sales growth entering fiscal year twenty twenty seven. Manufacturing sales accelerated significantly, driven by key industries like automobiles. Operating profit growth also jumped across major sectors, improving margins. Companies faced elevated input costs, which impacted raw material expenses. However, improved pricing power helped absorb these higher costs effectively.
India Inc’s revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRA
India Inc’s revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margins, while domestic consumption supports growth and weak global demand pressures export-oriented sectors.
Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surge
Power capex stocks such as Hitachi Energy India, GE Vernova, TD Power and CG Power witnessed an uptick on Thursday, tracking Nvidia’s strong data-centre growth and bullish revenue outlook. Expectations of sustained AI infrastructure spending boosted sentiment, while US restrictions on Chinese power equipment added to optimism over demand for Indian suppliers.
Hindustan Copper OFS oversubscribed on both days, says govt. Here are all the details
Hindustan Copper’s government OFS drew strong institutional demand, with the non-retail portion subscribed 3.41 times on Tuesday. The Centre exercised the full greenshoe option, taking the potential stake sale to 6%, while retail investors can bid on Wednesday at a floor price of Rs 514 per share. The company’s strong Q1 performance and plans to expand mining capacity also remain in focus.
OpenAI says its new Jalapeno chip can make AI faster while using less power
OpenAI unveiled its new Jalapeno AI chip at a recent conference. This processor significantly boosts AI response speeds and reduces power consumption. The chip delivers improved performance per watt and lower end-to-end latency. OpenAI plans to deploy Jalapeno in its infrastructure by the end of 2026.
MTAR Tech shares rally 3%, extend gains for second session. What’s triggering the surge?
MTAR Technologies shares gained 3% after the company secured a Rs 127 crore order from Nuclear Power Corporation of India for coolant channel assemblies used in reactor refurbishment. The order takes its civil nuclear order book above Rs 775 crore, while the company expects 80% revenue growth in FY27 and sees further opportunities from reactor refurbishment and new nuclear projects.
Global Market: KOSPI rises as investors await Nvidia results for AI trade cues
South Korean shares edged higher on Wednesday as investors turned cautiously optimistic ahead of Nvidia’s quarterly earnings, with semiconductor stocks leading gains. The KOSPI rose 0.44%, while Samsung Electronics and SK Hynix advanced. Investors are closely watching Nvidia’s results for clues on AI chip demand, infrastructure spending and the sustainability of the broader AI trade.
State governments need to see the economic potential of golf course, says PGTI CEO Amandeep Johl
Golf courses present a remarkable opportunity for state governments to enhance their economies. By investing in more golfing facilities, real estate values could rise significantly and entice foreign investments. Hundreds of golf courses are essential in India to fulfill economic aspirations. The Professional Golf Tour of India is actively boosting player welfare and infrastructure. Golf has the potential to stimulate tourism and become an accessible lifestyle choice for many people.
Q1 earnings show resilience, but downside risks still loom. HSBC explains why
Indian companies delivered better-than-expected Q1FY27 earnings, with around 70% of firms meeting or beating HSBC’s estimates. Mid- and small-cap companies led growth, while financials drove earnings upgrades. However, HSBC flagged risks of downgrades in coming quarters as elevated commodity prices persist and the benefits of GST cuts and inventory gains fade.
In 2023, Kitepower flew a 176-pound fabric wing over a Mayo bog for the first time. 3 years later, it has logged more than 90 flights and over 100 hours generating airborne wind-energy data
Kitepower is testing an unconventional approach to renewable energy at a designated airborne wind-energy site in County Mayo, Ireland. Instead of using a traditional tower and rotating blades, the system sends a lightweight fabric wing into the sky while a tether connects it to ground-based generation equipment. The wing flies repeated figure-eight patterns, creating pulling force that turns a generator as the tether unwinds.
Infosys Q1 bonus payout averages 70%, down 10 percentage points from a year ago
During the April-June quarter, Infosys maintained an average performance bonus of 70%, consistent with the previous quarter but lower than the previous year. Notably, employees in job levels four and five received marginally higher bonuses. The broader technology sector is currently grappling with reduced spending and economic uncertainty, creating apprehension among employees who are now seeking clarification on annual salary hikes.
Rs 7.3 trillion InvIT market sees investor base surge 17% as Q1 payouts rise 15% YoY
India’s InvIT sector saw investor participation surge 17% sequentially to 6.53 lakh unitholders in Q1 FY27. Distributions rose 15% to ₹5,923 crore, while AUM increased 13.7% year-on-year to ₹7.3 lakh crore, reflecting stronger investor confidence and consistent cash flows.
Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansion
Alibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering raised dilution concerns, while heavy AI spending and a 75% profit decline intensified investor scrutiny over returns. Alibaba plans major infrastructure investments as competition in AI accelerates.
Nvidia invests in data center developer Cloverleaf Infrastructure
The investment will help Cloverleaf develop sites for the data centers, while Nvidia will support infrastructure buildouts for AI computing.
Welspun Corp shares surge 9% after Rs 17,200 crore order win; global order book hits record Rs 42,000 crore
Welspun Corp share Price: Welspun Corp shares rallied as much as 9% after the company secured its largest-ever order worth $1.8 billion, or around Rs 17,200 crore, for pipe supplies from its US manufacturing facility. The order takes its global order book to a record $4.4 billion, or around Rs 42,100 crore, boosting multi-year revenue visibility and strengthening its position in global energy infrastructure.
Home sales cool, prices climb: Is India's housing market getting too expensive?
India's residential housing market saw sales decline by 6.1% YoY in Q2 2026, while average prices rose 1% QoQ to Rs 10,153 per sq ft. Led by a 26% price surge in Bengaluru, widening cost-sales gaps indicate maturing market dynamics and growing affordability pressures for mid-income buyers.
Walmart sees Q3 growth hit as Flipkart shifts Big Billion Days sale
Walmart expects Flipkart’s Big Billion Days sales event moving from Q3 to Q4 to weigh about 100 basis points on growth next quarter. The company said India drove growth in Walmart International’s operating income and advertising revenue. Flipkart is also expanding its quick commerce arm, Minutes, which crossed 1,000 dark stores in June.
HG Infra Engineering shares jump over 8% after receiving LoI from REC
HG Infra Engineering shares rose after the company received a letter of intent from REC Power Development and Consultancy for constructing two 220/132/33 kV AIS substations and associated transmission lines in Uttar Pradesh.
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