Daily Republic News
- Business
- July 27, 2026
The Curious Case of CXMT: China’s Chip Giant Surges 470% in Shanghai Debut After Asia’s Biggest IPO
Shares of ChangXin Memory Technologies (CXMT) soared around 470% on their stock market debut on Monday, July 27, 2026, turning China’s largest DRAM memory producer into one of the country’s most valuable tech firms following Asia’s biggest initial public offering this year.The He Read More
- Business
- July 24, 2026
Paramount Agrees To Freeze $81 Billion Warner Deal Until 2027 After Judge Flags ‘Serious Questions’
New York: Paramount and Warner Bros. Discovery have agreed to delay closing their $81 billion merger well into next year, a stunning move that arrives as a judge continues to consider a challenge from 12 states seeking to block the deal altogether.Paramount said in a filing Frida Read More
- Business
- July 24, 2026
India July Flash PMI Slips to 54.3: Private Sector Expansion Slows to Lowest Level Since March 2022
India’s private sector activity expanded at its weakest pace in over four years in July 2026, as momentum in the services industry cooled significantly, according to preliminary survey data from HSBC and S&P Global. Services Drag Composite PMI to 54.3The flash reading for the HSB Read More
- Business
- July 24, 2026
Infosys Shares Fall 2.4% After IT Major Trims Full-Year FY27 Revenue Growth Guidance
Shares of Infosys Limited dropped nearly 2.5% in morning trade on Friday, July 24, 2026, as investor sentiment was dampened by the IT giant’s decision to narrow its full-year revenue growth outlook despite a steady quarter.Revenue Guidance Revision Triggers Stock Sell-OffTrading Read More
- Business
- July 24, 2026
IndiGo Shares Fall 2.4% After Airline Swings to ₹238 Crore Q1 Net Loss on High Fuel Costs
Shares of InterGlobe Aviation Limited fell as much as 2.7% in morning trade on Friday after the operator of India’s top budget carrier IndiGo reported a quarterly net loss, overwhelmed by an 86% surge in jet fuel costs and West Asia flight disruptions.Trading at ₹4,902.50 as of 1 Read More
- Business
- July 24, 2026
Trump Tariffs 2.0 Kick Off Today: US Slaps 10% Tariff on India Under Section 301 Forced Labor Action
The United States rolled out fresh trade tariffs ranging from 10% to 12.5% across 60 economies on Friday, with India successfully dodging a higher duty bracket to secure a lower 10% rate following policy changes on forced labor practices.Under the direct authorization of US Presi Read More
- Business
- July 24, 2026
Adani Enterprises Refutes Reports, Denies Plans To Renter Airline Business
Adani Enterprises has denied media reports that it is planning to launch an airline, as per a statement by the company.In the release, Adani noted, it is not evaluating any proposal to enter the airline business, calling the reports “entirely baseless and factually incorrect.””We Read More
- Business
- July 23, 2026
Indian Billionaire Adani Weighs Airline Launch That Could Reshape Market: Sources
NEW DELHI, July 23 (Reuters) – Indian billionaire Gautam Adani’s group is considering launching a new airline, a move that could potentially reshape competition in a market dominated by IndiGo (INGL.NS), opens new tab and Air India, said two sources with direct knowledge of the Read More
- Business
- July 23, 2026
Cipla Shares Slide 2% Following Q1 FY27 Results: Net Profit Drops 39% to ₹789 Crore Amid North American Headwinds
Indian drugmaker Cipla Limited saw its stock fall over 2% to trade around ₹1,386 on Thursday, July 23, 2026, after opening at ₹1,409.10 and touching an intraday low of ₹1,373.60, following the release of its first-quarter earnings. The pharmaceutical major reported a bigger-than- Read More
- Business
- July 23, 2026
IndusInd Bank Shares Plunge 6% Despite 72% Q1 Profit Jump as Brokerages Flag NIM Compression
Shares of IndusInd Bank Limited dropped as much as 6% on Thursday morning, turning into one of the top gainers turned losers on the benchmark indices following the announcement of its first-quarter earnings for fiscal year 2026–27.Trading at ₹1,005.00 during the midday session, t Read More
