Investor interest in photonics is rising as hyperscalers ramp AI spending, fueling expectations for a multi-year boom for optical connectivity tech providers. Lumentum’s fiscal fourth quarter revenue more than doubled to $1.01 billion. Analysts expect Coherent’s fiscal fourth quarter revenue to rise 30% to $1.98 billion, which would be the highest pace of growth in … Read more
Adani Group chairman Gautam Adani recently reflected on his early years and the challenges he faced before building one of India’s largest business groups. In a video shared on his X account, Adani recalled arriving in Mumbai at the age of 16 with a desire to learn and understand the world of work. “I was … Read more
New Delhi: Blackstone-backed Horizon Industrial Parks Ltd will open its Rs 2,600 crore Initial Public Offering (IPO) for subscription on August 17, with the price band fixed at Rs 57-60 per share. At the upper price band, the IPO implies a post-issue market capitalisation of around Rs 17,298 crore. The three-day public issue will close on … Read more
Mumbai: India’s benchmark Nifty index still requires an 8 per cent gain from its July-end level to recover to its record peak, while midcap and smallcap indices are much closer to their previous highs, a report said on Wednesday. The analysis by Abakkus Mutual Fund said the Nifty, which touched a record high of 26,329 on … Read more
Mumbai: for the second consecutive session on Wednesday as firm crude oil prices and uncertainty over reopening the Strait of Hormuz kept investors cautious. The Sensex declined 187.90 points, or 0.24 percent, to close at 77,966.35. The Nifty fell 35.75 points, or 0.15 percent, to settle at 24,435.95. Oil Concerns Investor sentiment remained weak amid … Read more
New Delhi’s Rouse Avenue Court listed the NIA’s 7500-page chargesheet in the Nov 2025 Red Fort blast case for cognisance on Aug 27. The agency has chargesheeted 11 accused and the court has asked for details on each person’s role. The Rouse Avenue Court has listed the National Investigation Agency’s (NIA) chargesheet in the November … Read more
The MHA informed Parliament about the phased implementation of ‘PRAHAAR’, India’s first comprehensive national counter-terrorism policy. The strategy shifts India to a proactive, intelligence-led stance based on seven key pillars. The government of India is committed to the progressive and phased implementation of the ‘PRAHAAR’ strategy, India’s first comprehensive National Counter Terrorist Policy and Strategy, … Read more
A knife-wielding man has been arrested in Hong Kong after allegedly attacking residents and injuring two people at a housing estate in Pok Fu Lam, triggering panic among pedestrians and security personnel. A knife-wielding man has been arrested in Hong Kong after allegedly attacking residents and injuring two people at a housing estate in Pok … Read more
South Korean travel creator Sejin struggled to board a Mumbai local train from Thane station despite several attempts. He eventually took a taxi and said the experience made him “deeply respect” Mumbai commuters who navigate the city’s crowded trains daily. Mumbai’s local trains are known for their fast-paced journeys, packed coaches and crowds of daily … Read more
Gujarat’s Deesa gets CZA approval for Asia’s first desert-themed drive-through night safari and zoological park. The project aims to strengthen wildlife conservation, promote ecotourism, and create employment opportunities in North Gujarat. Asia’s first desert-themed drive-through night safari and world-class desert-themed zoological park at Deesa in Banaskantha district has received approval from the Central Zoo Authority … Read more