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CSM Tech LTD Shares Make Muted Market Debut, List Flat Despite 1.36x Subscription
CSM Tech LTD shares listed flat on Thursday, July 2, 2026. The stock debuted at ₹113 apiece on both NSE and BSE, matching the upper end of its IPO price band. The listing came despite the issue being subscribed 1.36 times overall. Shares later slipped 5% to ₹107.35 within the first hour of trade, reflecting…
Lloyds Banking Group to Phase Out Halifax Branding Across 190 UK Branches; LLOY Shares lost 0.54%
Lloyds Banking Group confirmed plans to retire the 173-year-old Halifax brand from UK high streets. The bank will rebrand 190 Halifax branches under the Lloyds name throughout 2027. LLOY shares lost 0.5% to close at 111.59 pence on July 1, 2026, giving Lloyds a market capitalization of £65 billion. The move ends one of Britain’s…
Vimeo Owner Bending Spoons Prices $1.68 Billion IPO Above Range Ahead of U.S. Market Debut
Bending Spoons has made a strong entrance into the U.S. public market by pricing its initial public offering above the expected range on July 1, 2026. The Italian software company raised $1.68 billion, signaling robust investor demand despite a cautious IPO environment. Known for acquiring well-known digital platforms like Vimeo, the company is drawing global…
Kawasaki Heavy (TYO:7012) Shares Plunge 8.14% to ¥2,684, Hitting Five-Month Low on $1.23 Billion Fundraising Report
Kawasaki Heavy Industries (TYO:7012) shares fell more than 7% after a Reuters report said the company is finalizing plans to raise about 200 billion yen ($1.23 billion) through a combination of new shares and convertible bonds. The stock hit a five-month low as dilution concerns immediately overwhelmed what has been a strong fundamental story. What…
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…
Zee Media Share Price Rises 1% After ₹19.12 Crore Fundraise; FII Upps Stake to 3.33% via Warrant Conversion
Zee Media’s shares rose nearly 1% after the company announced a fresh capital infusion of ₹19.12 crore through warrant conversion. The move also pushed Foreign Institutional Investor (FII) ownership to 3.33%, highlighting growing institutional interest in the media company. The development comes as investors look for signs of recovery and stronger financial positioning in India’s…
Wix-Owned Base44 Unveils Its Own AI Model to Improve App Creation and Reduce Dependence on External LLMs
Base44 has become the first app-creation platform to deploy its own large language model in production. The Wix-owned company announced its proprietary model, Base 1, on June 29, 2026, now actively serving users on the platform. Until now, Base44 relied on foundation models from OpenAI and Anthropic to power its natural-language app-building experience. Wix acquired…
Bajaj Auto Sets July 1 Launch for ₹5,632.8 Crore Share Buyback at ₹12,000 Per Share
Bajaj Auto is back in focus after announcing a large value share buyback that is expected to attract strong investor attention. The company has fixed July 1 as the opening date for its ₹5,632.8 crore buyback program at a price of ₹12,000 per share. The move signals strong cash reserves and confidence in long-term value…
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…