The Economic Times

The Supreme Court will hear a plea against police facial recognition technology deployment. This plea challenges biometric surveillance measures used at protest sites by police. The court agreed to consider the petition filed by CPI(M) MP AA Rahim. The petitioner argues this surveillance violates data protection laws and is unconstitutional. Data collection occurred without permission and in a legal vacuum, the plea states.

Major Wall Street indexes opened higher on Thursday morning. Crude oil prices experienced a decline, boosting investor confidence. This development improved overall market risk appetite among traders. Investors also analyzed producer price inflation data which came in softer. The Dow Jones, S&P 500, and Nasdaq Composite all saw gains at the opening bell.

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Addressing a public meeting here after inaugurating the Seed Access Road and steel bridge, the chief minister said Amaravati would be developed as a completely pollution-free city and a deep-tech capital, with plans to transform it into an AI and Quantum Computing Valley.

Navi Ltd. is preparing for an Indian IPO targeting up to $315 million, with JM Financial, Kotak Mahindra Capital, Goldman Sachs and JPMorgan advising. The fintech firm seeks a valuation of up to $2 billion and plans to file by December. The offering is expected to comprise only a primary share sale.

Thyrocare Technologies shares fell after promoter Docon Technologies sold around 1.58 crore shares, cutting its stake from 60.92% to 51.02%. Docon remains the diagnostics companys promoter and holding company.

A Bengaluru-based techie revealed how he underwent months of gruelling interviews when he landed a great job in Hyderabad, advising engineers to be patient and focus on learning from every interview, good or bad.

A Bengaluru techie named Tanuj shared how a fresher earning Rs 2.5 LPA while friends made Rs 610 LPA stopped comparing salaries and focused on building technical skills. Over three years, he learned databases, cloud, distributed systems and system design before landing an Rs 18 LPA offer. The story resonated with users, who praised his focus on skills, patience and long-term growth.

Godrej Consumer Products shares have experienced a notable drop following the unexpected exit of the chief executive. This abrupt change has raised significant concerns among investors about the future leadership in a volatile market environment. Aasif Malbari has been appointed as the new managing director and chief executive to steer the company.

Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil prices. Several companies will be in focus today due to corporate developments and first-quarter earnings reports. UltraTech Cement shares are set for a block deal, while Apollo Hospitals reported strong profit growth. Lenskart Solutions and Astral also announced significant profit increases for the first quarter.

Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at 1,908 crore on August 13, 2026, at a 3% discount. Separately, UltraTech Cement is acquiring a 26% stake in Solaris Horizon Energy to support its green energy initiatives.

Colombia and Venezuela experienced deadly earthquakes due to tectonic plate friction. The Nazca plate sliding beneath the South American plate caused tremors. Earthquake magnitude and depth significantly influenced the destructive impact. Building codes and terrain also played crucial roles in the devastation. International data sharing is vital for mitigating future seismic risks.

Bengaluru is under consideration by Lufthansa Technik for an expansion of its aircraft maintenance capabilities. Recently, representatives from the German company met with Karnataka's Industries Minister, M.B. Patil, to discuss the aviation landscape and the available skilled workforce. The support from the state government for their investment could further solidify Karnataka's position in the aerospace and defense sectors.

The Cockroach Janta Party is recruiting unpaid technology volunteers for its website development. Abhijeet Dipke leads the party's organizational expansion efforts and its new National Working Committee. The party also voiced support for student protesters in Jharkhand facing alleged police brutality. Founder Abhijeet Dipke criticized the police action and spoke with an injured student leader.

Four stocks Amara Raja Energy & Mobility, Kalpataru Projects International, Sumitomo Chemical India and Mangalore Refinery and Petrochemicals are showing bullish technical setups, with breakouts, improving momentum and supportive moving-average structures pointing to further upside, according to HDFC Securities analysts.

The Rs 251.88-crore Technocraft Ventures IPO received strong investor interest, with its GMP rising to around 12.74% from 11% earlier, signalling expectations of a positive listing. Investors are likely to learn their allotment status today.

R Madhavan, who will next be seen in GDN, recently celebrated Bhawana Kanth's groundbreaking accomplishment as the first woman FCL pilot. Kanth previously made headlines by participating in India's Republic Day parade and was among the first three women fighter pilots commissioned in 2016. Madhavan once aspired to join the army but exceeded the age limit, having gathered military experience during his NCC training with British forces.

ideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from Buy, citing valuation concerns following a sharp run-up despite strong long-term prospects. The brokerage expects order inflows to remain weak in FY27 before recovering in FY28 and FY29, while execution momentum and operating leverage could support significant revenue and margin growth.

A Bengaluru-based techie revealed his incredible journey from earning just Rs 14,000 per month to getting a whopping Rs 1 crore per year. Yet, despite his financial prosperity, he revealed he was far from happy and was at his happiest when he was earning just Rs 20,000 per month.

Chinese stocks edged higher as technology shares led gains, helping offset investor caution over geopolitical tensions and the upcoming US inflation data. Improving technology sentiment and greater clarity around Chinas policy environment supported the mainland market, while Hong Kong stocks declined. Investors now await US inflation data for clues on the Federal Reserves rate path and global market direction.

A tech professional recently outlined his incredible professional journey on Reddit. Sharing that although he began his career with a humble salary of Rs 37,000 per month, he eventually landed a dream job that paid him a whopping Rs 2.2 crore LPA.

Paulo Coelhos famous quote from The Alchemist,You will never be able to escape from your heart. So it's better to listen to what it has to say, offers a powerful lesson about understanding your feelings instead of constantly pushing them aside. The quote, spoken by the alchemist to Santiago, reflects one of the central ideas of the novel: that ignoring your inner voice may not make your fears, dreams or desires disappear.

Gunther von Hagens, the pioneering inventor of plastination who sparked both fascination and controversy, has passed away at eighty-one. His 'Body Worlds' exhibitions, showcasing real human cadavers preserved through his innovative method, attracted millions globally. In accordance with his last wishes, von Hagens' own body will be plastinated. He championed the idea that understanding our anatomy fosters a healthier, more conscientious society.

Skytech Infinite Platform is gearing up for its initial public offering set for August 14, aiming to raise Rs 22.68 crore. The funds will primarily focus on enhancing working capital and expanding operations into new markets. This industrial automation leader seeks to solidify its footprint in vital sectors, with shares anticipated to debut on NSE Emerge on August 21.

Tablespace Technologies has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to 800 crore and an OFS. The managed workspace provider plans to repay borrowings, pursue acquisitions and fund corporate needs.

America is turning decades-old strontium-90 radioactive waste from Oak Ridge into a potential source of long-lasting nuclear power. Zeno Power is working with the Pentagon to develop seabed power nodes that could keep underwater drones, sensors and autonomous vehicles running for years without cables, support ships or regular resupply. The same technology could also support future lunar missions.

PPFAS CIO Rajeev Thakkar says fears that AI will destroy IT jobs are exaggerated. Citing Benedict Evans and historical automation, he argues technology eliminates some roles while creating new work, with implementation, cybersecurity and other opportunities emerging.

India has been invited to join NASA's Moon Base program. Discussions focused on expanding civil and commercial space cooperation. Both nations agreed to advance open scientific data sharing under Artemis Accords. They also reaffirmed commitment to UN guidelines for outer space sustainability. Future collaborations in space science and human spaceflight technologies are being explored.

ideaForge Technology shares fell after its Q1 gross profit margin declined to 49% from 62% a year ago and 68% in the previous quarter. Gross profit rose to Rs 33.6 crore and revenue increased to Rs 68.6 crore, while EBITDA turned positive at Rs 4.3 crore.

Lumax Auto Technologies shares surged after Q1 profit jumped 83% YoY to Rs 99 crore, while revenue grew 33% to Rs 1,364 crore. EBITDA rose 51% to Rs 205 crore, with margins expanding 190 bps to 15.1% on operational efficiencies, cost optimisation and a favourable product mix.

Skyroot Aerospace's CEO, Pawan Chandana, calls on young innovators to initiate bold projects in vital sectors such as space and defense. Following the groundbreaking launch of Vikram-1, the country's first privately built rocket, the company is concentrating on repeatable launch strategies and the creation of Vikram-2. Looking ahead, they aim to develop reusable launch systems and incorporate AI to streamline rocket engineering.

Aegeus Technologies is set to debut on the BSE SME platform after its Rs 23.71 crore IPO was subscribed nearly 30 times. The latest grey market premium of Rs 12 implies a potential listing price of Rs 117. The robotics and automation company reported 88% revenue growth and 189% profit growth in FY26.

The Rs 251.88-crore Technocraft Ventures IPO entered its final day of bidding with GMP climbing to 14%. Overall subscribed 4.73 times on Day 2, the issue is backed by strong 54% profit growth in FY26, prompting brokerages to give a Subscribe for Long Term rating.

Quick commerce platforms anticipate hiring thirty to forty percent more temporary workers this festive season. This surge reflects increased product availability and consumer preference for instant deliveries. Tech-savvy individuals are particularly sought after for specialized operational roles. Staffing firms project around one hundred thousand temporary jobs, with some estimates reaching three hundred thousand. Wages are expected to rise between twelve and twenty-two percent based on work loc

The corporate affairs ministry plans to implement an evidence-based methodology for the upcoming Digital Competition Bill. A thorough market analysis is currently being conducted to establish benchmarks for major tech firms. Systemically impactful digital entities will be subjected to preventive regulations enforced by the antitrust authority. This proposed legislation aims to curb undesirable practices proactively. The ministry's responses contributed to a parliamentary committee's findings.

Amazons massive Texas AI data center is drawing environmental scrutiny after plans for a 7.65GW natural gas power plant revealed it could emit up to 33 million tons of CO annually. The project raises fresh questions about Amazons 2040 net-zero pledge as AIs soaring energy demand pushes Big Tech toward fossil-fuel-powered data centers.

Rasmus Dall, a Danish research scientist at Spotify, resigned from the company after his request to work half-time was denied. Dall wanted to use the extra time to focus on building his own distillery, where he plans to make fruit and berry brandies from his orchard. His decision to leave his tech career and pursue the distillery has led to discussion online about flexible working, part-time jobs and work-life balance.

Indel Money is set to pursue a remarkable fundraising initiative of up to five billion rupees within this month. This forthcoming public debt offering marks the company's most significant endeavor to date. The bonds will have maturities ranging from 400 days to six years, boasting attractive coupon rates between nine and eleven point five percent. Rated A- by India Ratings, these bonds are expected to close on August thirty-first.

Today's Quote of the day by Javier Bardem: Javier Bardem famous quote, I think we are living in selfish times. I'm the first one to say that I'm the most selfish. We live in the so-called 'first world,' and we may be first in a lot of things like technology, but we are behind in empathy. The Academy Award-winning Spanish actor was pointing to a modern contradiction. We have more technology, information and digital connections than ever. Yet genuine empathy, kindness and human connection can stil

Shanghai and Hong Kong stocks gained on Monday as consumer and property shares offset weakness in technology stocks. Investors assessed fresh Chinese inflation data, which pointed to persistent deflationary pressures, for clues on Beijings policy outlook. Expectations of fiscal support and resilient exports also shaped market sentiment.

Parag Parikh Flexi Cap Fund, the largest active flexicap fund by AUM, raised its stake in HCL Technologies, Coal India and nine other stocks in July. It added 5.76 lakh HCL Tech shares and 10.27 lakh Coal India shares. Among the other holdings, Indraprastha Gas saw the biggest addition, with the fund buying 1.06 crore shares during the month.

Dynamatic Technologies shares surged 12% after the company reported a near-doubling in Q1 FY27 net profit to Rs 20.79 crore. Revenue rose 14.5% year-on-year to Rs 424.81 crore, while EBITDA jumped 45.9% to Rs 55.11 crore. EBITDA margin expanded 280 basis points to 13%, with EBIT rising 83.7% and EBIT margin improving 310 basis points.

Kaynes Technology shares tanked 8% after the electronics manufacturing services firm reported a 24.4% YoY decline in Q1 FY27 net profit to Rs 56.4 crore. Revenue, however, surged 40.5% to Rs 946 crore, while EBITDA rose 29.5% to Rs 147.5 crore. The EBITDA margin narrowed to 15.6% from 16.7%, reflecting pressure on profitability despite strong revenue growth.

A White Marubozu is a bullish candlestick pattern in technical analysis, formed when a stock opens at or near its low and closes at or near its high.

The Technocraft Ventures IPO entered its second day of bidding with 2.59 times subscription and an 11% grey market premium. Valued at Rs 251.88 crore, the issue offers shares in the Rs 200 to Rs 212 price band. Analysts have given it a Subscribe Long Term rating based on solid growth fundamentals.

Dixon Technologies anticipates finalizing its joint venture with Vivo within two months. This new venture's financial contributions will begin appearing from the October-December quarter. The company is also expanding its camera module production capacity significantly. Its new display facility construction is complete, with machinery installation underway. Mass production at the display facility is expected to commence by the end of Q4.

IN-SPACe seeks private partners to manage ISRO's new launch complex. This facility will support small rocket launches and enhance launch efficiency. Private entities will handle end-to-end operations and maintenance of the complex. ISRO will provide initial technical and operational support for capability development. This move supports India's growing commercial space sector and launch infrastructure.