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Super Micro Reveals Taiwan Staff Questioned in AI Server Export Probe Involving Nvidia Chips
On July 2, 2026, Super Micro Computer confirmed that employees at its Taiwan unit were questioned as part of an investigation into AI server exports involving Nvidia chips. The company said it is cooperating with authorities and is not the primary focus of the probe. The investigation comes as governments tighten restrictions on advanced AI…
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…
Gold Falls 1.3% to $3,965.51, Posting a 12.8% June Drop and Worst Month Since 2008
Gold extended its brutal slide on June 30, 2026, falling 1.3% to $3,965.51 per ounce. The precious metal is on course to lose more than 11% this month and around 14% this quarter, marking its steepest quarterly decline on record. Reuters flagged gold’s biggest quarterly slide since the June quarter of 2013. This June drop…
KEC International (NSE: KEC) Shares Jump Nearly 7% After Securing New Orders Worth ₹1,754 Crore Across Businesses
KEC International (NSE: KEC) shares surged nearly 7% on June 30, 2026, after a major order win announcement. KEC International Ltd., a global infrastructure EPC major and an RPG Group company, secured new orders of Rs 1,754 crore across various businesses, including significant high-voltage transmission line tower supplies in the Americas. With these wins, the…
Omaxe (NSE: OMAXE) Shares Surge 20% After Unveiling Hospitality Vertical With ₹6,200 Crore Investment Plan
Omaxe (OMAXENS) delivered the biggest intraday move on the NSE on June 29, 2026. Shares of real estate developer Omaxe skyrocketed 20% after the company announced its dedicated hospitality business division with plans to develop around 19 hotels spread over nearly 5 million square feet across five states in the next four to five years….
Ola Electric Consumer Case: District Commission Orders Free Repair & ₹45,000 Compensation After Trunk Lock Failure in S1 Pro
Ola Electric is back in consumer court headlines. A District Consumer Disputes Redressal Commission has directed the company to carry out a free repair of an Ola S1 Pro trunk lock failure and pay ₹45,000 in total compensation for service deficiency and mental agony. The order adds to a growing list of consumer rulings against…
Extropic AI Founder Backs Elon Musk’s Push to Rebuild X Recommendation Algorithm
Social media recommendation systems shape what millions of users see every day. In June 2026, Elon Musk renewed his push to rebuild X’s recommendation algorithm, aiming to make content suggestions smarter, more transparent, and better aligned with user interests. The move gained attention after receiving support from the founder of Extropic AI, a company focused…
Indian-Origin CEOs Dominate Global Tech: From Satya Nadella to Sundar Pichai and WhatsApp’s Global Influence
The rise of Indian origin leaders at some of the world’s biggest companies has become one of the defining stories of global business. From Satya Nadella at Microsoft and Sundar Pichai at Alphabet to Neal Mohan at YouTube and Arvind Krishna at IBM, Indian executives now oversee firms worth trillions of dollars. At the center…
Segro Rejects £12.6bn Prologis Takeover Approach as US Rival Bid Stalls for FTSE Warehouse Firm
Segro (LSE: SGRO) rejected a £12.6 billion all-share takeover approach from US logistics giant Prologis (NYSE: PLD) on June 23, 2026. The proposal submitted on June 16 offered 0.084 new Prologis shares per Segro share, valuing the FTSE 100 firm at 925p per share, a 24.6% premium to Segro’s closing price of 742p. Prologis went…