Science & Tech News: Innovations

NSE’s Rs 30,000 crore IPO faces questions after decade-long delay and options slowdown

IANS | July 7, 2026 2:13 PM

Mumbai, July 7 (IANS) The National Stock Exchange’s proposed Rs 30,000 crore initial public offering, expected to be the largest share sale in Indian history, comes after a decade-long delay caused by the co-location controversy. Even as the exchange prepares to list, recent regulatory curbs on derivatives trading have weighed on its revenue, profitability and market share, raising fresh questions ahead of the long-awaited IPO, as per the Value Research report.

ECLGS 5.0 surpasses 4.11 lakh guarantees with Rs 1.55 lakh crore amount: Govt

IANS | July 7, 2026 2:02 PM

New Delhi, July 7 (IANS) The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued 4,11,497 guarantees since its launch, with the guaranteed amount reaching Rs 1,55,229 crore — a sign of the scheme's rapid absorption across the lending ecosystem, the government said on Tuesday.

Kutch Copper Ltd’s 'Adani Copper' becomes London Metal Exchange-registered brand

IANS | July 7, 2026 1:02 PM

Ahmedabad, July 7 (IANS) Kutch Copper Limited (KCL), a subsidiary of Adani Enterprises Ltd, has earned London Metal Exchange (LME) certification for ‘Adani Copper,’ according to a statement issued by the company on Tuesday.

GIFT City signs MoU with Vietnam's Da Nang financial hub to boost investment

IANS | July 7, 2026 12:47 PM

New Delhi, July 7 (IANS) India’s International Financial Services Centre (IFSC) Gujarat International Finance Tec-City (GIFT City) on Tuesday announced collaboration with Vietnam International Financial Center - Da Nang (VIFC-DN), a newly established financial hub, to share institutional knowledge and best practices.

Nearly 25 pc Indian firms feel workforce ready for AI as adoption accelerates

IANS | July 7, 2026 12:25 PM

New Delhi, July 7 (IANS) Around 25 per cent of Indian companies said their workforce is adequately prepared to leverage artificial intelligence -- a 12‑point decline from 2025 -- even as AI deployment accelerates across businesses, a report said on Tuesday.

Quebec eyes stronger India ties in AI, aerospace and investment: Christopher Skeete

IANS | July 7, 2026 11:55 AM

New Delhi, July 7 (IANS) Quebec is looking to deepen its economic engagement with India by expanding cooperation in artificial intelligence (AI), aerospace, education and clean technologies, while encouraging greater two-way investment and business partnerships, according to a minister from the Canadian province.

India, Indonesia sign key pacts for BrahMos missile supply, maritime security

IANS | July 7, 2026 11:42 AM

Jakarta, July 7 (IANS) In a key boost for the domestic defence industry, India and Indonesia on Tuesday signed an agreement for the supply of BrahMos missiles to the Indonesian military.

GalaxEye plans two new OptoSAR satellites after Mission Drishti

IANS | July 7, 2026 10:55 AM

New Delhi, July 7 (IANS) Bengaluru-based space technology startup GalaxEye on Tuesday said its maiden Mission Drishti has successfully validated key technologies and mission capabilities, paving the way for the launch of two next-generation OptoSAR satellites over the next 24 months despite an anomaly that affected the spacecraft after launch.

South Korea activates KOSPI sell-side sidecar as stocks tumble

IANS | July 7, 2026 9:17 AM

Seoul, July 7 (IANS) South Korea's bourse operator on Tuesday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) after the index tumbled sharply.

Samsung forecasts record Q2 profit on robust AI chip demand

IANS | July 7, 2026 9:07 AM

Seoul, July 7 (IANS) South Korea-based Samsung Electronics Co. on Tuesday estimated its second-quarter operating profit at nearly 90 trillion won (US$58.8 billion), marking another quarterly record as strong demand for artificial intelligence (AI)-related semiconductors boosted earnings.