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Adani News: AdaniConneX and DE-CIX Launch Chennai Connectivity Hub for 1GW Data Centre
Adani Group’s data centre arm AdaniConneX has partnered with DE-CIX India to launch a new connectivity hub. The point of presence sits at AdaniConneX’s Chennai 1 data centre in the SIPCOT IT Park. This move supports the company’s broader target of building over 1 gigawatt of green data centre capacity nationwide by 2030. The partnership…
Eutelsat Expects 2027 Revenue Increase Driven by 30%+ LEO Satellite Expansion
On 7 August 2026, Eutelsat said it expects revenue growth in fiscal 2027 as its low Earth orbit (LEO) satellite business is set to expand by more than 30%. The company is moving away from its declining TV broadcasting operations and focusing more on connectivity services powered by OneWeb. With demand increasing from governments, businesses,…
Indonesia Takes Over Whoosh High-Speed Rail as Losses Mount to ¥45 Billion
Indonesia’s government takes control of the Whoosh high-speed railway from state firms after losses ballooned to ¥45 billion in the first half of 2026. The transfer aims to restructure debt without burdening the state budget.
Nikkei 225 Falls 0.12% as Kospi Drops 0.60%, SK Hynix Slides Nearly 5%
The Nikkei 225 fell 0.12% on Friday, August 7, 2026, extending a volatile weekly pattern. South Korea’s Kospi dropped 0.60%, reversing an earlier intraday gain of 1.85%. SK Hynix slid nearly 5%, leading a renewed semiconductor selloff across both markets. This marks the third directional swing this week for regional chip stocks. Nikkei 225 and…
Alibaba News | Qwen Open Source AI Model May Introduce Revenue Sharing for Enterprise Users
Alibaba plans to introduce a revenue-sharing requirement for major commercial users of its next Qwen open-source AI model, Reuters reported Friday, August 7, 2026. The tech giant will ask large enterprises to share revenue generated when deploying the upcoming Qwen3.8-Max model commercially. Two people familiar with the plan said the change takes effect next week,…
Kolte Patil Developers Expands Mumbai Portfolio with ₹6,000 Crore GDV
On 6 August 2026, Kolte Patil Developers announced plans to expand its Mumbai portfolio through new redevelopment projects with a combined Gross Development Value (GDV) of about ₹6,000 crore. The announcement comes as redevelopment and premium housing continue to attract demand across Mumbai. It also reflects the company’s approach of growing through lower-capital projects while…
Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
LIC (NSE: LICI) Trades at ₹391.75, Up 0.12%, as Investors Assess Government Stake Sale and Market Demand
LIC shares traded at ₹391.75 on August 5, 2026, up 0.12% as retail bidding opens. The stock stabilizes after Tuesday’s sharp decline tied to the government’s stake sale announcement. The Centre is selling up to 6.5% of LIC through a two-day Offer for Sale. Retail investors can now place bids at a floor price of…
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…