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5G auction delays frustrate Pakistan's digital leap, govt pushes for quick action

Pakistan, July 2 -- Pakistan's much-anticipated 5G spectrum auction has faced delays, largely due to ongoing legal complexities. Federal IT Minister Shaza Fatima explained that the auction cannot proc... Read More


Concord Biotech acquires 75% stake in Stellon Biotech

Mumbai, July 2 -- Concord Biotech has made an equity investment of USD 1,500 in Stellon Biotech Inc. This investment represents the subscription of 15 million equity shares at a price of USD 0.0001 pe... Read More


Euro in commanding position, holds above 101 mark against INR

Mumbai, July 2 -- Euro stayed in a commanding position against the US dollar as markets eyed possibility of a near term interest rate cut by the US Federal Reserve. The US central bank could start rat... Read More


WhatsApp Business adds voice calling to connect customers with brands faster

New Delhi, July 2 -- Meta has released a few major updates to its WhatsApp Business platform, including voice calling capabilities. The new Business Calling API is available for large businesses and a... Read More


The power they can't touch: Why Uganda-born Zohran Mamdani can never be US president

India, July 2 -- It's one of those constitutional quirks so deeply embedded in America's political DNA that many forget it exists - until names like Elon Musk, Arnold Schwarzenegger, or more recently,... Read More


Paras Defence gains as arm bags Rs 22-cr LoI from Frances Cerbair

Mumbai, July 2 -- The said deal marks a major export breakthrough for India's defence tech sector. The CHIMERA 200 is a world-class counter-UAS system with exclusive wideband detection and neutraliza... Read More


Devina Mehra: Investors mustn't mix up apples and oranges while investing

New Delhi, July 2 -- I am often surprised by the investment questions I get, even from otherwise knowledgeable individuals. Here is a sample: Is it better to invest in a PMS (portfolio management serv... Read More


Can I claim short-term capital loss by selling and buying shares on the same day?

New Delhi, July 2 -- Q. To reduce my tax liability on Long Term Capital Gains (LTCG) earned during the year, I plan to sell some shares bought in April 2025 which are now quoted at a far lower price t... Read More


Data Centre Infra Management Startup CIMware Bags $2.3 Mn

India, July 2 -- Data centre infrastructure management (DCIM) startup CIMware has raised $2.3 Mn (about INR 20 Cr) in a Pre-Series A funding round from Transition VC. The Bengaluru-based startup plan... Read More


ELI Scheme to boost resilient and equitable labour market: Tata Chemicals's Mukundan

New Delhi, July 2 -- R Mukundan, President Designate CII and Managing Director & CEO, Tata Chemicals Limited, on Wednesday said that the Employment Linked Incentive (ELI) scheme can pave the way for a... Read More