The Trump administration is preparing new restrictions that could block the import of certain Chinese-made data center components into the United States, according to Reuters. The proposed measure is aimed at strengthening the security of infrastructure that powers artificial intelligence systems and preventing potential cybersecurity risks linked to foreign technology.
टैग: Business News
SpaceX Revenue Nearly Doubles in First Earnings Report Since IPO as Starlink and AI Drive Strong Growth
SpaceX reported a sharp increase in revenue in its first quarterly earnings release since becoming a publicly traded company, with rapid expansion in its Starlink satellite internet business and artificial intelligence operations helping lift overall performance. The company said revenue for the April–June quarter reached $7.8 billion, compared with $4.1 billion during the same period last year, surpassing Wall Street expectations and offering investors an early look at the business following its record-breaking public listing.
India to Sell Up to 6.5% Stake in LIC Through ₹31,400 Crore Offer for Sale
The Government of India has announced plans to divest up to a 6.5% stake in Life Insurance Corporation of India (LIC) through an Offer for Sale (OFS), a move that could raise as much as ₹31,400 crore (approximately $3.3 billion). The transaction is part of the government’s broader strategy to meet minimum public shareholding norms while continuing its disinvestment programme.
Juniper Green Energy IPO Allotment Expected Today: Here’s How to Check Status on KFin, NSE and BSE; Listing on August 6
Investors who applied for the Juniper Green Energy IPO are expected to know the outcome of their applications on Tuesday, August 4, as the company is likely to finalise the basis of allotment. Once the allotment process is completed, applicants will be able to check their status online through the official portal of KFin Technologies, the IPO registrar, as well as on the websites of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
DLF Q1 Results: Net Profit Rises to ₹794 Crore, Operating Cash Flow Crosses ₹1,317 Crore
DLF Q1 Results:Real estate developer DLF Ltd. reported a consolidated net profit of ₹794 crore for the first quarter of FY27, while maintaining strong cash generation despite delays in planned project launches. The company also reported an operating cash flow of ₹1,317 crore during the June quarter, taking its net cash position to ₹15,200 crore as of June-end.
Stocks to Watch Today: DLF, IREDA, LIC, Paytm Among Key Shares in Focus on August 4
Stocks to Watch Today:Indian stock markets are expected to begin Tuesday’s session with investors tracking a busy day of corporate developments, quarterly earnings and strategic announcements. Shares of DLF, Indian Renewable Energy Development Agency (IREDA), Life Insurance Corporation of India (LIC), One97 Communications (Paytm) and several other companies are likely to remain in focus after reporting financial results or announcing significant corporate actions.