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S&P 500, Nasdaq close at record highs, cap best quarter in over a year

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ECONOMY

Insect farming start-up Loopworm raises $3.25 m in pre-series A round

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India pips China for second consecutive year in biofuel consumption in 2024

Biofuel consumption has expanded at a 31.8% growth rate per annum between 2014 and 2024 in the world’s third largest energy consumer

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Gabriel India unveils major restructuring to become diversified auto components player

The composite scheme of arrangement, unveiled on June 30, includes the amalgamation of Anchemco India with Asia Investments, followed by the demerger of AIPL’s automotive business into Gabriel.

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RattanIndia shares decline 1.8% as profit booking sets in after Revolt Motors expansion  

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BUSINESS

Narayana Murthy Pitched For 70-Hr Work Week But Infosys Is Flagging ‘Overtime’ — Even During WFH

As per reports, Infosys is monitoring the working hours of the remote employees to push them to reduce extra load.

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AppsforBharat raises ₹175 crore in Series C funding, to invest in over 20 temple towns across India

The investment will also be used to strengthen services and commerce verticals, establish fulfilment and logistics hubs, and build AI-led features to boost user engagement

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Waaree Energies shares cool off after yesterday’s rally after new US contract win 

The company’s US subsidiary, Waaree Solar Americas, bagged the order from a developer and owner-operator of utility-scale solar and energy storage projects across the US

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Kalpataru Share Price: IPO Makes Flat Debut At Rs 414 After 2.36 Times Subscription

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BHEL shares cool off after initial rally on Adani Power order 

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BANKING

Emkay Global downgrades Karnataka Bank share rating, slashes target price by 15%

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