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KPIT Technologies Share Price Slides 15% to ₹570 After Weak Q1 FY27 Business Update
KPIT Technologies shares crashed to a fresh 52-week low on July 1, 2026. The stock hit ₹570.75 on the BSE, a 15% intraday decline from the previous session close of ₹671.45 after the Pune-based automotive software company issued a profit warning late on June 30, 2026. KPIT flagged a sudden revenue shortfall in Q1 FY27…
Microsoft Layoffs: MSFT Cuts Up to 2.5% of Jobs, Targets Xbox and Sales Divisions
Microsoft is preparing another round of layoffs as it begins its 2027 fiscal year, with reports on June 30, 2026, indicating that up to 2.5% of its global workforce could be affected. The planned cuts are expected to focus on Xbox, sales, and consulting teams while the company continues investing heavily in artificial intelligence. The…
M&M Ltd Share Price Rises 2.56% as Mahindra & Mahindra Sales Jump 37% in June to 1.06 Lakh Units
Mahindra & Mahindra reported total sales of 1,06,207 vehicles in June 2026. This marks a strong 37% jump from the same month last year. The impressive numbers lifted M&M Ltd shares by 2.56% in early trading as investors cheered the company’s growth momentum. Strong demand for SUVs and commercial vehicles is helping the automaker outperform…
IN Market Today: Sensex Gains 173 Points (+0.23%), Nifty 50 Rises 0.27%; GIFT Nifty Trades Lower
India’s benchmark indices closed the June quarter on a subdued note. The BSE Sensex fell 249.70 points, or 0.33%, to close at 76,478.67, while the Nifty 50 declined 80.50 points, or 0.34%, to settle at 23,865.75, slipping below the 23,900 mark. IT stocks led the selloff. GIFT Nifty futures declined 71 points, or 0.3%, to…
Tech Stocks Recover Across Asia After Nasdaq’s 2% Surge, but Regional Markets Remain Cautious
The Nasdaq Composite surged more than 2% on June 29, 2026, giving global tech stocks a much-needed boost after weeks of market volatility. The rally quickly spread to Asia, where chipmakers and AI-related companies led early gains in Japan, South Korea, and Taiwan. Yet investors are still moving carefully. Concerns about high valuations, geopolitical tensions,…
DBS Raises Singapore’s 2026 GDP Growth Forecast to 4.3% as Geopolitical Risks Ease and AI Investment Stays Strong
Singapore’s economy is gaining momentum faster than expected. In late June 2026, DBS raised its forecast for the country’s GDP growth to 4.3% for 2026, up sharply from its earlier estimate of 2.8%. The upgrade reflects easing geopolitical tensions and strong global investment in artificial intelligence and semiconductor technologies. As a major trade and technology…
Apple’s iPhone 18 Pro Supplier List and Component Details Leaked in Tata Data Breach, Exposing Key Manufacturing Partners
Apple is facing a fresh supply chain security challenge after confidential information linked to the upcoming iPhone 18 Pro reportedly surfaced in a data breach involving Tata Electronics. The leaked files, revealed in late June 2026, allegedly include supplier lists, component details, and prototype-related documents. While investigators continue to verify the full scope of the…
Tata Motors Targets $35 Billion Commercial Vehicle Revenue After IVECO Acquisition
Tata Motors is aiming to build a $35 billion commercial vehicle business after announcing its planned acquisition of IVECO in July 2026. The deal is one of the largest overseas expansions by an Indian automaker and could significantly boost Tata’s global presence. Beyond increasing revenue, the acquisition opens new opportunities in Europe, advanced vehicle technologies,…
Nexchip Targets $890 Million Hong Kong IPO as AI Chip Demand Grows
The global semiconductor industry is seeing another wave of investment as artificial intelligence continues to reshape technology demand. Chinese chipmaker Nexchip is now preparing one of the largest semiconductor listings of the year by targeting an IPO worth up to HK$7 billion, about $890 million, in Hong Kong. The move comes as AI-driven computing, automotive…