AI company Anthropic is reportedly negotiating a deal to purchase specialized AI inference chips from the British startup Fractile.
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AI company Anthropic is reportedly negotiating a deal to purchase specialized AI inference chips from the British startup Fractile.
Investors have until today to purchase shares of 30 companies to be eligible for dividends totaling nearly Rs 187, with July 10 set as the record date. The T+1 settlement cycle means shares must be credited by Friday to qualify for corporate actions like dividends.
PFRDA has established the ASCEND committee to create a roadmap for attracting global pension capital into India. This initiative aims to foster collaborations between Indian and global pension funds, promoting co-investment platforms to finance infrastructure and boost economic development, ultimately benefiting NPS subscribers with diversified, risk-adjusted returns.
The Mumbai ITAT ruled that a demerger is not tax-neutral if shares are issued by the holding company instead of the subsidiary receiving the business. This decision impacts corporate restructuring, requiring companies to re-evaluate demerger structures and their tax implications under the Income-tax Act.
India's holdings of US Treasury securities have fallen to a near six-year low of $181 billion in April, as the Reserve Bank of India diversifies its foreign asset portfolio by increasing gold reserves to 881 metric tonnes.
Tata Consultancy Services (TCS) is projected to report modest profit growth for Q1FY27, with revenue expected to be nearly flat sequentially. Factors like weak client spending, wage hikes, and AI-driven pricing pressure are impacting performance. Investors will focus on management commentary regarding demand recovery, BFSI growth, margins, and AI strategy.
Gold prices remained largely steady in major Indian cities on July 9, 2026. Tanishq showed a slight increase in 22K gold jewellery prices from the previous day, while other retailers like Malabar Gold & Diamonds saw adjustments. Consumers are advised to compare rates across brands. The India Bullion and Jewellers Association also released updated rates.
