Short news for quality minds. Power your niche.Smartly curated short news for quality minds. Want your own niche feed? Integrate with us today.
Nifty closed at 24,250 on the first day of the August expiry series, up 1.10%. The index rallied 244 points from the low of 23,606 recorded on July 24. Sudeep Shah said, "The RSI has started to move higher, reflecting a steady build-up in bullish momentum" for the market.
Cupid increased its investment in GII Healthcare on July 30, 2026, to tap into growth across the GCC region. The company said the decision "demonstrates the strong conviction in GII's healthcare investment strategy." Cupid aims to expand its global footprint while supporting healthcare providers in Saudi Arabia and the UAE.
Crude oil futures fell on Thursday morning despite continued strikes between the US and Iran. Brent oil futures traded at $87.27, while WTI futures reached $83.72. On the MCX, August crude oil futures fell to ₹8020. Meanwhile, US commercial crude oil inventories decreased by 7.2 million barrels last week.
CapitaLand India Trust reported an 8 per cent increase in distributable income to S$64.2 million for the six months ended June 30, 2026. Stronger operating performance and new assets helped the trust. CEO Gauri Shankar Nagabhushanam said, "We have a very active pipeline and expect occupancy to ramp up."
Britain announced an £8.4 billion investment Wednesday for its Dreadnought Class nuclear submarine programme. The funding supports 47,000 jobs and apprenticeships over the next decade. BAE Systems got the majority of the money to build four submarines. Prime Minister Andy Burnham said it “will protect Britain for decades to come.”
Qualcomm forecast fourth-quarter profit below estimates on Wednesday as Apple revenue drops. Shares fell over 4% in extended trading. CEO Cristiano Amon said, "It's availability of supply," regarding component shortages. The company now plans to raise prices starting September 1 and expects data-center growth to replace lost Apple revenue soon.
Paytm CEO Vijay Shekhar Sharma said India needs more AI champions to take technology to the masses. Speaking on July 30 in New Delhi, he urged businesses to invest in future technologies. "Once again, AI is my power, AI is my aim and ambition," he said, pushing for long-term growth.
Ardee Industries' Rs 425.87 crore IPO opens August 5, 2026, for investors. The company fixed the price band at Rs 50 to Rs 53 per share. It plans to use funds for working capital and debt repayment. Many investors showed interest as the grey market premium reached Rs 13 per share.
Cognizant reported a 1.4% drop in net profit for the quarter ended June 30. Higher tax expenses and restructuring costs hurt the firm, even as revenue rose 4.5%. The company revised its full-year revenue forecast to $22.04-22.35 billion, as many macroeconomic risks forced them to lower their previous growth projections.
Google Cloud CEO Thomas Kurian discussed India’s $15 billion investment with Adani and Airtel in a recent podcast. He said the company is bringing Gemini Flash 3.5 to sovereign infrastructure. Google also plans to scale local engineering talent and server manufacturing to help India become a major AI export hub.
Exide Industries, Amara Raja Energy & Mobility, and Waaree Group are likely bidders for the government’s 10 GWh grid-scale energy storage tender. The tender, floated on 15 July, aims to boost battery manufacturing. Bidding closes on 13 October 2026. Many companies showed interest during the pre-bid conference held on 29 July.
More than 5 crore income tax returns got filed for the 2026-27 assessment year, the income tax department said on Wednesday. With the July 31 deadline approaching, officials asked taxpayers to use ITR-1 and ITR-2 forms. Many small and medium taxpayers already finished their filings before the final date arrived.