Groq Raises $640 Million; Startup Now Valued at $2.8 Billion
The AI chip startup Groq announced on 6 August that it had raised $640 million through a Series D funding round led by Cisco Investments,
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Rupee Ends at Weakest Level Amid Weakness in Asia FX
The Indian rupee on 6 August slipped and closed to its weakest level on record, following the pressure from the decline in its Asian peers
Sensex and Nifty Decline for 3rd Consecutive Day; Nifty Drops Below 24,000
On 6th August, Sensex and Nifty closed lower for the third consecutive day as geopolitical tensions and negative global cues erased gains. Sensex closed 166
Tata Elxsi Shares Flat on Advanced Surgical Imaging Deal with Skanray
Shares of Tata Elxsi Ltd. were trading flat after touching a day’s high of Rs 6,885.05 on 6th August, after the company announced a partnership
EtherealX Raises $5 Million to Make Reusable Rockets
Bengaluru-based space tech startup EtherealX, specialising in reusable rockets, secured $5 million in a seed funding round led by YourNest. The round also saw investments
Inox Wind Secures 201 MW Order from Integrum Energy; Shares Down 3%
Shares of Inox Wind Ltd. dropped by over 3% after touching a day’s high of Rs 179.40 on 6th August, despite the company announcing a
Shree Cement Shares Fall 2% Weak Q1 Earnings; Net Profit Falls 51%
Shares of Shree Cement were trading 2% lower on 6 August after the company announced its quarterly earnings for April-June. The cement major reported a
Symphony Approves Share Buyback at 100% Premium; Stock Jumps 20%
Shares of Symphony Ltd. rallied by 20% to touch a day’s high of Rs 1,476.05 on 6th August, following the company’s announcement of its June
Oriana Power to Construct Electrolyzer Gigafactory in India
Oriana Power, a commercial and industrial solar company, on 6 August announced that it would be constructing a gigawatt-scale factory in India to manufacture alkaline
Brigade Enterprises Shares Surge 6% on Stellar Q1 Earnings
Shares of Brigade Enterprises Ltd surged 6% on 6 August after the company announced its quarterly earnings for the April-June quarter. The company reported an