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ByteDance and Alibaba Disable Custom AI Companion Features Ahead of China’s July 15 AI Regulations
China’s new AI rules will take effect on July 15, 2026, prompting major technology companies to adjust their products before the deadline. In response, ByteDance and Alibaba have started disabling custom AI companion features in their chatbot platforms to comply with the upcoming regulations. The decision reflects China’s stronger oversight of AI safety, transparency, and…
Vedanta Power Shares Drop Over 6% Despite 38% Jump in Q1 Power Sales to 5,225 Million Units
Vedanta Power shares fell nearly 6% on Monday, even after the company posted a strong operational update. Power sales for the June quarter rose 38% year on year to 5,225 million units, up from 3,784 million units a year earlier. Investors booked profits anyway, extending a pullback that began Friday. Vedanta Power’s Q1 Sales Jump…
Sky to Buy ITV Broadcasting Arm in Deal Worth Up to £1.6B
On July 6, 2026, Sky announced an agreement to acquire ITV’s broadcasting and streaming business for up to £1.6 billion. It is one of the biggest UK media deals in recent years. The agreement comes as traditional broadcasters face growing pressure from global streaming platforms and changing viewing habits. If the transaction receives regulatory approval,…
Oil Prices Mixed as OPEC+ Output Hike Offsets Hormuz Risks; WTI Holds at $68.72 While Brent Slips to $71.97
Oil prices are trading mixed today, with WTI holding at $68.72 and Brent slipping to $71.97 per barrel. An OPEC+ decision to raise output is offsetting lingering risks around the Strait of Hormuz. Both benchmarks remain near their lowest levels since late February this year. OPEC+ Adds to Supply Concerns OPEC+ approved another output increase…
Senco Gold Shares Jump Nearly 7% to ₹348.50 After Reporting 60% Revenue Growth in Q1 FY27
On July 6, 2026, Senco Gold shares rose nearly 7% to ₹348.50 after the jewellery retailer reported a 60% year-on-year revenue increase for the first quarter of FY27. The strong quarterly update reflected healthy demand during the festive and wedding season, along with solid same-store sales and continued showroom expansion. The move caught investors’ attention…
Sam Altman Compares Child’s First Words to GPT-5.6 Math Breakthrough
Sam Altman put GPT-5.6 in an unusual spotlight this week. The OpenAI CEO posted on X that his older child’s first two-word sentence left him roughly as amazed as GPT-5.6 discovering new mathematics. The comparison, shared July 5, 2026, quickly drew both excitement and criticism online. What Altman Actually Said Altman’s exact words read: “Our…
Shakti Pumps Shares Surge Over 8% After Securing ₹354 Crore Maharashtra Solar Pump Supply Order
On July 6, 2026, Shakti Pumps shares rose more than 8% after the company secured a ₹353.89 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 15,000 off-grid solar water pumping systems. The contract expands the company’s order book and reflects the steady demand for solar-powered irrigation systems across India. As government-backed…
Radico Khaitan Shares Jump 5% to Record ₹4,089.90 as Magic Moments Vodka Sales Surge 43% in Q1
On July 6, 2026, Radico Khaitan shares rose nearly 5% to a record high of ₹4,089.90 after the company reported a strong start to Q1 FY27. Investor sentiment improved following a sharp rise in demand for Magic Moments Vodka, whose sales increased 43% year over year. The performance reflects the company’s continued focus on premium…
HDFC Bank Shares Rise Nearly 3% to ₹822.95 After Q1 FY27 Update; CASA Deposits Climb 9.4% to ₹10.25 Lakh Crore
HDFC Bank started FY27 on a strong note, giving investors another reason to stay positive on the stock. On July 5, 2026, India’s largest private sector lender reported a 15.4% year-on-year increase in gross advances and a 14.7% rise in total deposits. CASA deposits also grew 9.4% to ₹10.25 lakh crore. The strong business update…