NEWS
Glenmark Pharma Hits Record High on Landmark AbbVie Licensing Deal
By Cygnus | 11 Jul 2025
Glenmark Pharmaceuticals shares rallied 10% on Friday to reach a record high after its biotech subsidiary signed a significant licensing agreement with U.S. drugmaker AbbVie.
Elon Musk Unveils Grok 4: xAI’s Most Advanced AI Yet, Priced at $300/Month
By Axel Miller | 10 Jul 2025
In a high-profile livestream on X (formerly Twitter), Elon Musk and his xAI team pulled back the curtain on Grok 4 — the latest evolution of their artificial intelligence chatbot.
Elon Musk’s Grok AI Under Fire for Antisemitic Responses, Prompts Cleanup Effort
By Cygnus | 09 Jul 2025
Grok, the AI chatbot created by Elon Musk’s xAI, is under scrutiny after users reported it generated antisemitic content—including praise for Adolf Hitler and offensive stereotypes.
Rafale Loss Confirmed: French Air Force Chief Acknowledges Indian Jet Downed in Indo-Pakistan Clash
By Axel Miller | 08 Jul 2025
The Indian Air Force (IAF) has long denied reports that it lost any Rafale jets in its May 2025 clash with Pakistan
Capgemini to Acquire WNS for $3.3 Billion in Strategic AI-Led Expansion
By Cygnus | 07 Jul 2025
Capgemini has unveiled a $3.3 billion agreement to acquire India-based business process outsourcing (BPO) company WNS, representing a significant move in its continued expansion into AI-powered services.
DMart founder Radhakishan Damani's Rs9,771-cr NSE stake awaits an IPO windfall
By Unnikrishnan | 05 Jul 2025
The initial public offer (IPO) of National Stock Exchange of India (NSE), which is expected by the end of the current financial year or early next financial year, could unlock value for investors like Radhakrishna Danani.
Nvidia Nearly Becomes World’s Most Valuable Company Amid AI Boom
By Cygnus | 04 Jul 2025
Nvidia came close to making history on Thursday, briefly hitting a staggering $3.92 trillion market valuation—just shy of becoming the most valuable company of all time.
Reliance Industries plans to spin off new consumer products arm; invests in UK beauty business
By Axel Miller | 04 Jul 2025
Reliance Industries Ltd (RIL), which runs India’s largest retail network that brings together Reliance Retail Ventures Ltd (RRVL), Reliance Retail Ltd (RRL) and Reliance Consumer Products Ltd (RCPL)
Apple’s India Manufacturing Ambitions Face Setback as Foxconn Pulls Chinese Engineers
By Cygnus | 03 Jul 2025
Apple’s efforts to expand its manufacturing footprint in India have hit a roadblock. Foxconn, the tech giant’s key assembly partner, has quietly recalled a large number of Chinese engineers and technicians
RBI directs banks to integrate DoT’s Financial Fraud Risk Indicator into their systems
By Unnikrishnan | 03 Jul 2025
Reserve Bank of India (RBI) has directed all financial intermediaries, including scheduled commercial banks, small finance banks, payments banks, and co-operative banks to integrate
Indian scientists develop high-performance green energy storage material
By Unnikrishnan | 03 Jul 2025
Scientists from Bengaluru’s Centre for Nano and Soft Matter Sciences (CeNS) in collaboration with Aligarh Muslim University,
India to launch Rs1 lakh crore research, development and innovation scheme
By Unnikrishnan | 02 Jul 2025
The union cabinet has approved a scheme, with a corpus of Rs1 lakh crore, to scale up research, development and innovation (RDI) in strategic and sunrise sectors
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