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  • 'Resetting How We Operate': What Xbox CEO Asha Sharma Told Staff After 3,200 Layoffs
    'Resetting How We Operate': What Xbox CEO Asha Sharma Told Staff After 3,200 Layoffs

    Xbox will eliminate 3,200 jobs through FY27 as part of its biggest restructuring, streamline operations, and separate several game studios to improve profitability.

    • Jul 07, 2026 15:22 pm IST
    • Author:  NDTV Profit News
  • Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan
    Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan

    The proceeds will be used to repay a $1 billion credit facility that was issued by Brookfield in 2023 to Avaada Ventures, people known to the matter said.

    • Jul 07, 2026 15:13 pm IST
    • Author:  Bloomberg News
  • Kaynes Technology Shares Slump 56% From Peak. Can Semiconductors Drive Its Next Phase Of Growth?
    Kaynes Technology Shares Slump 56% From Peak. Can Semiconductors Drive Its Next Phase Of Growth?

    The EMS company is betting on semiconductors, PCB manufacturing and design-led products after missing its own growth targets and seeing its valuation shrink.

    • Jul 07, 2026 14:45 pm IST
    • Author:  Madhvendra
    • Edited by:  Anirudh Saligrama
  • LG Energy Profit Misses Estimates Amid Slow EV Demand
    LG Energy Profit Misses Estimates Amid Slow EV Demand

    Operating profit stood at 113.3 billion won in the three months ended June 30, South Korea's largest battery maker said in a regulatory filing Tuesday.

    • Jul 07, 2026 14:29 pm IST
    • Author:  Bloomberg News
  • US Government Turns To Anthropic's Mythos AI For Cybersecurity Audits: Report
    US Government Turns To Anthropic's Mythos AI For Cybersecurity Audits: Report

    The development comes in a fresh sign of federal appetite for the AI startup's tools even as Anthropic remains locked in a standoff with the White House.

    • Jul 07, 2026 14:22 pm IST
    • Author:  Vaishnavi Mishra
    • Edited by:  Niral Sharma
  • Maharashtra FDA Warns Against Three Beauty Products Over High Mercury, Lead Levels
    Maharashtra FDA Warns Against Three Beauty Products Over High Mercury, Lead Levels

    The Maharashtra FDA directed retailers, distributors and e-commerce platforms to stop selling Goree Beauty Cream, Face Fresh Gold and Golden Star Beauty Cream.

    • Jul 07, 2026 14:06 pm IST
    • Author:  Prajwal Jayaraj
    • Edited by:  Shrikant Shankar
  • Trent Q1 Revenue Growth Misses Estimates; Brokerages Remain Split — Should You Buy, Hold, Or Sell?
    Trent Q1 Revenue Growth Misses Estimates; Brokerages Remain Split — Should You Buy, Hold, Or Sell?

    Trent's Q1 revenue grew 19%, below analyst expectations and under 20% for the fifth straight quarter. Macquarie, Morgan Stanley, Citi and Bernstein weigh in on the stock.

    • Jul 07, 2026 14:03 pm IST
    • Author:  Yukta Baid
  • Kaynes Tech, Syrma Top Jefferies Picks Over Dixon Tech In EMS Space On PLI Component Push
    Kaynes Tech, Syrma Top Jefferies Picks Over Dixon Tech In EMS Space On PLI Component Push

    Jefferies says the next phase of India's electronics manufacturing incentive programme is likely to favour component makers over assembly-led EMS companies, backing Kaynes Technology and Syrma SGS while retaining a Hold rating on Dixon Technologies.

    • Jul 07, 2026 13:39 pm IST
    • Author:  Anirudh Saligrama
  • Samsung's 19-Fold Suge In Profit Fails To Impress Investors After AI Chip Rally
    Samsung's 19-Fold Suge In Profit Fails To Impress Investors After AI Chip Rally

    Samsung posted preliminary operating income of 89.4 trillion won ($58 billion) in the three months through June, beating projections by about 6%.

    • Jul 07, 2026 13:00 pm IST
    • Author:  Bloomberg News
  • Eternal Shares In Focus As Motilal Oswal Sees Up To 34% Upside; Should You Buy? Check Target Price
    Eternal Shares In Focus As Motilal Oswal Sees Up To 34% Upside; Should You Buy? Check Target Price

    Eternal's valuation remains compelling at 24 times FY29E Blinkit EV/Ebitda, presenting a lucrative long-term opportunity, says Motilal Oswal.

    • Jul 07, 2026 12:27 pm IST
    • Author:  Motilal Oswal Financial Services
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