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Mahesh Muralidhar Pai Set to Head South Indian Bank Following RBI Clearance
Mahesh Muralidhar Pai will become South Indian Bank’s next Managing Director and CEO. The Reserve Bank of India approved his appointment through a letter dated July 7, 2026. Pai’s three-year term begins on October 1, 2026, succeeding outgoing CEO P R Seshadri. He currently serves as Chief General Manager at Canara Bank, leading digital banking…
Zhipu AI (HKEX: 2513) Jumps 14.16% on Report of Custom AI Chip Development for GLM Models
Zhipu AI shares skyrocketed 14.16% during intraday trading on July 8, 2026. The stock, listed as Knowledge Atlas Technology, touched HK$1,838.00 by 10:45 AM GMT+5. That marked a gain of HK$228.00 over the previous close of HK$1,610.00. The rally follows a report that Zhipu AI is exploring a custom AI chip for its GLM model…
SENSEX Drops 530 Points, NIFTY50 Slips to 24,244 as West Asia Tensions Drive Oil Prices Higher
On July 8, 2026, Indian stock markets came under heavy selling pressure after fresh tensions in West Asia pushed global crude oil prices higher. The BSE Sensex lost more than 530 points, while the NIFTY50 slipped to 24,244 as investors turned cautious. Because India relies heavily on imported crude oil, any sharp increase in oil…
Titan Company Rises 2.80% on 41% Q1 Consumer Business Growth
Titan Company has started the new financial quarter on a positive note. The company’s shares climbed 2.80% after it reported 41% growth in its consumer business during the first quarter (Q1). The latest update points to healthy demand across several product categories and reflects steady buying activity from customers. For investors tracking the stock market,…
China Smartphone Sales Fall 13% During 618 Shopping Festival
China’s smartphone market had a weak showing during the 2026 618 Shopping Festival, one of the country’s largest annual shopping events. Between May 26 and June 21, 2026, smartphone sales fell 13% year over year, even after weeks of promotions and discounts. The decline points to softer consumer spending and higher smartphone prices driven by…
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…
Nestlé India Shares Rise After Company Announces ₹2 Per Share Special Dividend for FY26
On July 3, 2026, Nestlé India announced a ₹2 per share special dividend for FY26, giving investors another reason to keep an eye on the FMCG major. The announcement pushed the company’s shares higher as investors responded positively to the additional payout. Special dividends are generally viewed as a sign that a company has a…
Nvidia Corp (NVDA) Stock Up 1.39% After Pacific Sage Partners Purchases 4,467 Shares
On July 3, 2026, Nvidia Corp. (NASDAQ: NVDA) shares climbed 1.39% after a new regulatory filing revealed that Pacific Sage Partners increased its stake by purchasing 4,467 additional shares. The latest investment adds to the steady flow of institutional buying in the AI chipmaker, which remains one of the market’s most closely followed technology companies….
MCX Gold & Silver Today: Gold Jumps 1.40%, Silver Surges 1.80% as Fed Rate Cut Hopes Boost Bullion
MCX Gold and MCX Silver rallied sharply on July 3, 2026. Gold futures climbed 1.40% to trade near ₹1,41,900 per 10 grams. Silver futures surged 1.80%, touching roughly ₹2,06,500 per kilogram. Weak US jobs data triggered the rally, with June payrolls adding just 57,000 jobs. That figure missed forecasts of 110,000 by a wide margin….