Larsen & Toubro’s (L&T) offshore hydrocarbon business has secured an ultra-mega order worth more than ₹15,000 crore from ADNOC Offshore for a major project in West Asia. The company announced the development on Tuesday, marking another significant milestone for its energy infrastructure business. L&T Energy Hydrocarbon Offshore (LTEH Offshore) will execute the project through a…
Shares of diversified FMCG major ITC Ltd gained around 4 per cent in intra-day trading on the BSE on Monday, reaching ₹292.45, as investors expressed optimism that the company may be moving past its recent earnings challenges. Market sentiment improved after the company’s first-quarter results, with brokerages indicating that the risk-reward profile could become more…
China’s artificial intelligence sector witnessed a major competitive escalation as tech giant Alibaba unveiled its largest model to date, while rival startup DeepSeek introduced a new ultra-low-cost system. Alibaba launched its flagship Qwen3.8-Max, featuring 2.4 trillion parameters, designed to process complex enterprise tasks across an expansive one-million-token context window. Utilizing a mixture-of-experts architecture that activates…
The National Payments Corporation of India (NPCI) has intensified its consumer awareness efforts on text message scams, urging digital payment users to stay alert against fraudulent SMSs designed to steal money and personal information. As digital payments become increasingly accessible across the country, NPCI said fraudsters are exploiting social engineering tactics that create urgency, fear…
Sun Pharmaceutical Industries Ltd. has reported a 27% year-on-year increase in consolidated net profit for the quarter ended June 30, 2026, supported by strong revenue growth and improved operational performance. The company’s net profit attributable to owners rose to ₹2,894.79 crore, compared with ₹2,278.63 crore in the same quarter last year. The company’s consolidated revenue…
Stayfree® has strengthened its growth strategy in India’s expanding feminine hygiene industry with the launch of the upgraded Stayfree® Secure XL, highlighting the increasing role of innovation and premium products in shaping consumer demand. The upgraded product introduces the ‘Pad Change Alert’ feature through the brand’s patented Double Leak Lock Technology, offering Double Protection for…
Chinese military-linked researchers have utilized outputs from leading American artificial intelligence models—including those developed by OpenAI and Anthropic—to build specialized domestic systems for defense, surveillance, and cyberwarfare. According to a review of over 80 academic papers and patents compiled by the Jamestown Foundation, Chinese security institutions are deploying a technique called “model distillation”. By training…
Billionaire Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) is evaluating the acquisition of a controlling stake in Associated British Ports (ABP), the United Kingdom’s largest port operator, in a transaction estimated at nearly $10 billion. The potential deal comes as major Canadian pension funds CPPIB and OMERS look to divest their combined 67%…
Tata Motors has temporarily halted production activities at its primary manufacturing hub in Sanand, Gujarat, following severe monsoon rainfall and severe localized flooding across the region. Unprecedented downpours over consecutive days led to substantial waterlogging along key access roads, surrounding industrial zones, and local supply corridors, disrupting workforce commutes and delaying incoming component shipments. While…
SBI Life Insurance has expanded its association with the Paralympic Committee of India (PCI), becoming the Principal Partner of the Indian contingent for the 2026 para sports season, a move that reinforces the insurer’s brand-building strategy through sports sponsorships and social impact initiatives. The company will also serve as the Official Life Insurance Partner of…
